Welcome to our dedicated page for Encore Energy news (Ticker: EU), a resource for investors and traders seeking the latest updates and insights on Encore Energy stock.
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 (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.
enCore Energy (NASDAQ: EU, TSXV: EU) completed the first phase of construction at its Upper Spring Creek ISR uranium project's satellite ion exchange plant. The facility currently processes 1,600 gpm, or 50% of planned capacity, with 3,200 gpm targeted by end of July 2026.
Drilling for the first 800-gpm wellfield module is complete and infrastructure is nearly finished, with three additional 800-gpm modules underway. Initial operations are planned for late 2026, pending final permits, supplying uranium-loaded resin to the Rosita central processing plant.
enCore Energy (NASDAQ: EU, TSXV: EU) reported initial exploration drilling results from its 5,900-acre Alta Mesa East (AME) uranium project, adjacent to existing Alta Mesa ISR operations.
Uranium mineralization extends over 3,700 feet east, with 10 of 17 holes mineralized and six holes achieving Grade Thickness (GT) between 0.351 and 2.297, above the 0.3 GT threshold considered suitable for ISR wellfield inclusion.
enCore Energy (NASDAQ: EU) announced on April 20, 2026 that Richard H. Little has been appointed Chief Executive Officer and joined the board, effective immediately, and founder William M. Sheriff returns as Executive Chair.
The board outlined a corporate renewal program prioritizing cost management, permitting acceleration, asset development at Dewey Burdock and Alta Mesa East, enhanced shareholder communications, and pursuit of accretive M&A. A corporate update call is scheduled for April 23, 2026 at 11:00 AM ET.
enCore Energy (NASDAQ: EU) reported 2025 results with 699,807 pounds U3O8 extracted (up 242% YoY), sales deliveries of ~655,000 pounds at $65.89 per pound, a closing inventory of 132,013 pounds at $37.77/lb, net loss per share $(0.30), and $96 million total liquidity.
In February 2026 approximately 6.6 million warrants were exercised, raising ~$18.1 million; Upper Spring Creek and Dewey Burdock permitting and construction planning remain active with regulatory timelines driving next steps.
Verdera Energy (TSXV: V) appointed William M. Sheriff as Executive Chair and director effective March 2, 2026. Mr. Sheriff is a 40+ year minerals and securities entrepreneur and founder of enCore Energy (NASDAQ: EU), identified as Verdera's largest shareholder.
He has raised over $600 million in public markets and previously co-founded Energy Metals, sold for $1.8 billion.
enCore Energy (NASDAQ: EU, TSXV: EU) announced that founder William M. Sheriff is retiring as Executive Chair and director effective March 2, 2026.
Mr. Sheriff will remain a Senior Advisor on the Technical Advisory Committee and has accepted appointment as Executive Chair of Verdera Energy (TSXV: V). enCore expects to distribute Verdera common shares to enCore shareholders after Verdera's resale registration statement is effective and will set a record date prior to any distribution. enCore remains Verdera's largest shareholder. enCore and representatives, including Mr. Sheriff, are attending PDAC 2026 March 1–3, with an investor presentation on March 3 at 3:32 p.m. ET.