enCore Energy Corp. produces and develops uranium in the United States using in-situ recovery, or ISR, extraction. News about EU commonly covers operating results from South Texas uranium operations, sales and delivery of U3O8, wellfield efficiency, project development, and the company's portfolio of U.S. ISR uranium assets.
Recurring updates also address the Alta Mesa ISR Uranium Project, including its licensed central processing plant and wellfield work, the Dewey-Burdock Project permitting track, balance-sheet actions such as warrant exercises, board and executive changes, and corporate communications involving strategic uranium holdings.
enCore Energy (EU) completed its special dividend of 35,000,000 Verdera Energy common shares to shareholders on September 30, 2026.
The distribution went to shareholders of record on September 25, 2026. It consisted of 21,000,000 unrestricted shares, representing 0.108 Verdera share per enCore share; 7,000,000 shares restricted until November 20, 2026, representing 0.036 share per enCore share; and 7,000,000 shares restricted until February 20, 2027, also representing 0.036 share per enCore share. Following the distribution, enCore holds 15,029,332 Verdera shares, retaining exposure to Verdera while remaining focused on its South Texas operations, South Dakota project and U.S. project pipeline.
Verdera Energy (V, VUECF) intends to launch a share repurchase program permitting purchases of up to 3,793,152 shares from September 29, 2026.
The proposed program runs through September 28, 2027. Its limit represents approximately 10% of Verdera's public float and approximately 5% of its 75,782,993 outstanding shares as of September 23, 2026. Purchases would occur on the TSX Venture Exchange at prevailing market prices, and any shares bought would be cancelled. The timing and extent of purchases depend on market conditions; Verdera may suspend or end purchases at any time.
enCore Energy (EU) set September 25, 2026, as the record date for a Verdera share dividend payable September 30. Transfer restrictions apply to 14,000,000 distribution shares. Verdera will host a shareholder webcast on September 28.
enCore Energy (EU) has engaged North Star Investor Relations under a consulting agreement effective September 18, 2026, and confirmed details of a planned special dividend of Verdera Energy common shares.
North Star will provide investor relations services for an initial one-year term at a monthly cash retainer of CAD $10,000, with renewal and 30-day termination rights, subject to TSXV approval for the provision of services. enCore plans to distribute 35,000,000 Verdera Energy common shares as a special dividend on September 30, 2026, to shareholders of record on September 25, 2026. Shareholders are expected to receive approximately 0.18 Verdera share per enCore share, subject to adjustment and to required approvals and filings with Nasdaq Capital Market and TSX Venture Exchange.
enCore Energy (EU) has set September 25, 2026 as the record date and September 30, 2026 as the payment date for a special share dividend of Verdera Energy common shares to its shareholders.
The distribution will use Verdera shares issuable on conversion of 35,000,000 non-voting preferred shares previously received by enCore. The SEC has declared effective a resale registration statement for Verdera, enabling the pro rata distribution, which is calculated by dividing the total Distribution Shares by enCore’s outstanding common shares on the record date and rounding down to the nearest whole share. Some distributed shares will be subject to transfer restrictions until November 20, 2026 and February 20, 2027, and the transaction remains subject to required Nasdaq and TSXV approvals.
enCore Energy (EU) announced that it is featured in CNA’s investigative documentary series “The Nuclear Option – Episode 3: Racing for Resources,” now available online.
The episode explores nuclear energy, safety strategies, and the global race for nuclear fuel. It highlights enCore’s Alta Mesa In-Situ Recovery (ISR) Uranium Central Processing Plant in South Texas and includes interviews with Chief Operating Officer Dain McCoig, Dr. Dennis Stover, Jesus (Jesse) R. Garza Jr., and Mary Lou Rodriquez. enCore appears in the segment between 24:31 and 34:48 of the episode.
enCore Energy (NASDAQ: EU, TSXV: EU) reported financial and operational results for the six months ended June 30, 2026. According to enCore Energy, net loss per share was $0.19, compared with $0.16 a year earlier, mainly due to lower extraction and a fair value adjustment on Verdera Energy shares.
The company delivered 485,000 lbs of U3O8 at an average price of $70.10/lb, up from 350,000 lbs at $62.58/lb. However, the weighted average cost of delivered U3O8 rose to $75.54/lb, including 360,000 purchased lbs. Extraction declined to 131,274 lbs from 317,613 lbs, with extraction costs increasing to $57.36/lb from $42.92/lb. enCore reported total liquidity of $88.4 million (including $21.8 million cash, $52.2 million marketable securities and $14.4 million inventory), and adjusted liquidity of $73.5 million excluding $14.9 million of Verdera securities.
Operationally, multiple wellfields at the Alta Mesa and Rosita/Upper Spring Creek projects are ready to commence extraction pending final permits anticipated mainly in Q4 2026. The Dewey Burdock project secured a 20‑year source materials license renewal to June 2046 and now holds all required federal permits, while state permitting is under review. In July 2026, management implemented a workforce reduction to lower expenses, with savings expected to appear from Q3 2026 onward.
enCore Energy (NASDAQ: EU, TSXV: EU) received a 20-year renewal of the NRC Source Materials License for its Dewey Burdock ISR uranium project in South Dakota. This renewal, following a completed Safety Evaluation Report, means the project now holds all required federal permits, including BLM construction authorization, while state permitting continues.
enCore Energy (NASDAQ: EU, TSXV: EU) reported that the U.S. Nuclear Regulatory Commission issued an Environmental Assessment and a Finding of No Significant Impact supporting renewal of the Dewey Burdock Uranium Project’s 20-year Source Materials License, now in Timely Renewal status.
The NRC also issued a Programmatic Agreement under Section 106 of the National Historic Preservation Act. Separately, the Bureau of Land Management authorized construction of selected project infrastructure on BLM-managed lands, including access roads, groundwater monitoring wells, and overhead power lines.
enCore Energy (NASDAQ: EU, TSXV: EU) received a final Bureau of Land Management decision approving the Dewey Burdock Uranium ISR Project in Southwest South Dakota, authorizing infrastructure construction.
The BLM’s Environmental Assessment and Finding of No Significant Impact allow initial work on 240 acres within the 10,580-acre project.
enCore Energy (NASDAQ: EU, TSXV: EU) reported new uranium drilling results from the Alta Mesa East Project in South Texas, adjacent to the Alta Mesa Wellfields and Central Processing Plant.
Of 20 recent drill holes, 12 were mineralized, including intercepts up to 8.5 feet grading 0.199% U3O8 with Grade Thickness (GT) values up to 1.76, above the 0.3 GT threshold enCore considers suitable for ISR wellfields.