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enCore Energy Corp. Appoints Mr. Kevin Kremke as Chief Financial Officer

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enCore Energy Corp. (NASDAQ: EU) has appointed Kevin Kremke as Chief Financial Officer, effective October 1st, 2025. Kremke brings extensive experience in corporate finance, M&A, capital markets, and operational leadership across energy and natural resources sectors.

As part of his compensation package, Kremke has been granted 250,000 stock options at US$2.30 per share and 250,000 restricted stock units. Both the options and RSUs will vest over four years at 25% annually. This appointment aligns with enCore's aggressive growth strategy as America's Clean Energy Company™, focusing on domestic nuclear energy development.

enCore Energy Corp. (NASDAQ: EU) ha nominato Kevin Kremke Chief Financial Officer, con decorrenza 1 ottobre 2025. Kremke porta con sé una vasta esperienza in finanza aziendale, fusioni e acquisizioni, mercati dei capitali e leadership operativa nei settori dell'energia e delle risorse naturali.

Nel quadro del suo pacchetto retributivo gli sono state assegnate 250.000 opzioni su azioni al prezzo di US$2,30 per azione e 250.000 restricted stock units (RSU). Sia le opzioni sia le RSU matureranno in quattro anni con un tasso di maturazione del 25% annuo. Questa nomina è in linea con la strategia di forte crescita di enCore come America's Clean Energy Company™, con focus sullo sviluppo dell'energia nucleare nazionale.

enCore Energy Corp. (NASDAQ: EU) ha designado a Kevin Kremke como Director Financiero (CFO), con efecto a partir del 1 de octubre de 2025. Kremke aporta amplia experiencia en finanzas corporativas, fusiones y adquisiciones, mercados de capital y liderazgo operativo en los sectores de energía y recursos naturales.

Como parte de su paquete de compensación, se le han otorgado 250.000 opciones sobre acciones a US$2,30 por acción y 250.000 unidades restringidas de acciones (RSU). Tanto las opciones como las RSU vencerán a lo largo de cuatro años con un 25% anual. Este nombramiento se alinea con la agresiva estrategia de crecimiento de enCore como America's Clean Energy Company™, centrada en el desarrollo de energía nuclear doméstica.

enCore Energy Corp. (NASDAQ: EU)Kevin Kremke를 최고재무책임자(CFO)로 2025년 10월 1일부로 임명했습니다. Kremke는 에너지 및 천연자원 분야에서 기업 재무, 인수·합병, 자본시장 및 운영 리더십에 대한 폭넓은 경험을 보유하고 있습니다.

보상 패키지의 일환으로 Kremke에게는 주당 US$2.30의 조건으로 250,000 스톡옵션250,000 제한 주식 단위(RSU)가 부여되었습니다. 옵션과 RSU는 모두 4년간 매년 25%씩 권리확보(베스팅)됩니다. 이번 임명은 국내 원자력 에너지 개발에 주력하는 enCore의 공격적인 성장 전략인 America's Clean Energy Company™과 부합합니다.

enCore Energy Corp. (NASDAQ: EU) a nommé Kevin Kremke au poste de Directeur financier (CFO), avec prise d'effet le 1er octobre 2025. Kremke apporte une vaste expérience en finance d'entreprise, fusions et acquisitions, marchés de capitaux et direction opérationnelle dans les secteurs de l'énergie et des ressources naturelles.

Dans le cadre de son package de rémunération, il se voit accorder 250 000 options sur actions à US$2,30 par action et 250 000 unités d'actions restreintes (RSU). Les options et les RSU seront acquises sur quatre ans à raison de 25 % par an. Cette nomination s'inscrit dans la stratégie de croissance agressive d'enCore en tant que America's Clean Energy Company™, axée sur le développement de l'énergie nucléaire nationale.

enCore Energy Corp. (NASDAQ: EU) hat Kevin Kremke mit Wirkung zum 1. Oktober 2025 zum Chief Financial Officer bestellt. Kremke verfügt über umfassende Erfahrung in Unternehmensfinanzierung, M&A, Kapitalmärkten und operativer Führung in den Energie- und Rohstoffsektoren.

Im Rahmen seines Vergütungspakets wurden ihm 250.000 Aktienoptionen zu US$2,30 je Aktie sowie 250.000 Restricted Stock Units (RSU) gewährt. Sowohl die Optionen als auch die RSUs werden über vier Jahre mit einer jährlichen Vesting-Rate von 25% freigegeben. Diese Ernennung steht im Einklang mit enCores aggressiver Wachstumsstrategie als America's Clean Energy Company™, mit Schwerpunkt auf der Entwicklung inländischer Kernenergie.

Positive
  • Appointment of seasoned CFO with extensive experience in energy and natural resources sectors
  • Strategic hire aligned with company's aggressive growth plans in domestic nuclear energy
  • Structured compensation package with equity components aligning with shareholder interests
Negative
  • Potential dilution from 500,000 total equity units granted to new CFO

NASDAQ:EU
TSXV:EU
www.encoreuranium.com

DALLAS, Sept. 10, 2025 /PRNewswire/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company, announced today the appointment of Mr. Kevin Kremke as Chief Financial Officer, effective October 1st, 2025.

William M. Sheriff, Executive Chairman, stated: "On behalf of the Board of Directors, it is my pleasure to welcome Kevin to the position of Chief Financial Officer of enCore Energy. As we continue our aggressive growth strategy establishing enCore as America's Clean Energy Company, it is essential that we incorporate talented and proven individuals to our team who can help achieve that growth. Kevin's depth of financial expertise, combined with his leadership experience in energy and natural resources, will strengthen our organization and support our strategy to provide the necessary fuel for domestic nuclear energy and deliver increasing value to our shareholders. His extensive background in corporate finance, capital markets, and strategic planning will be instrumental to the Company now and into the future. On behalf of the entire enCore team, I welcome Kevin aboard."

Mr. Kevin Kremke, Chief Financial Officer

Mr. Kremke is a seasoned finance executive and strategic operator with a proven record of driving growth, transformation, and disciplined financial stewardship across diverse industries. With deep expertise spanning corporate finance, M&A, capital markets, and operational leadership, he brings the rare ability to balance strategic vision with hands-on execution.

Mr. Kremke has held Chief Financial Officer roles in both large publicly traded and private equity companies, where he has guided organizations through periods of rapid expansion, restructuring, and complex capital-raising initiatives. His work includes leading large-scale budgeting and forecasting processes, executing merger and acquisitions transactions, and optimizing capital structures to strengthen shareholder value. Known for his collaborative leadership style, Mr. Kremke partners closely with the C-suite of officers, the Board of Directors, and investors to align financial strategy with long-term business goals. He brings broad experience from the oil and gas, electric power, and energy transition industries.

Mr. Kremke holds an M.B.A. from the University of Chicago Booth School of Business and B.S. from Ball State University.

In conjunction with this appointment, the Company has granted Mr. Kremke a total of 250,000 options and 250,000 restricted stock units.  Each option is exercisable to acquire a common share of the Company at a price of US$2.30 for a period of four years. The options are subject to vesting on the basis of 25% every 12 months.  The restricted stock units entitle the holder to receive common shares of the Company upon vesting, with vesting occurring over a four-year period on the basis of 25% every 12 months. The grants are subject to the terms of the Company's long term incentive plan.

About enCore Energy Corp.

enCore Energy Corp., America's Clean Energy Company, is committed to providing clean, reliable, and affordable fuel for nuclear energy as the only United States uranium company with multiple Central Processing Plants in operation. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy.

Following upon enCore's demonstrated success in South Texas, future projects in enCore's planned project pipeline include the Dewey Burdock project in South Dakota and the Gas Hills project in Wyoming. The Company holds other assets including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments.

www.encoreuranium.com 

Cautionary Note Regarding Forward Looking Statements:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws that are based on management's current expectations, assumptions and beliefs. Forward-looking statements can often be identified by such words as "will", "expects", "plans", "believes", "intends", "estimates", "projects", "continue", "potential", and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", or "will" be taken.

Forward-looking statements and information that are not statements of historical fact include, but are not limited to, and any statements regarding future expectations, beliefs, goals or prospects, including the Company's strategy to provide nuclear fuel and deliver sustainable value to its shareholders. All such forward-looking statements are not guarantees of future results and forward-looking statements are subject to important risk factors and uncertainties, many of which are beyond the Company's ability to control or predict, that could cause actual results to differ materially from those expressed in any forward-looking statement. A number of important factors could cause actual results or events to differ materially from those indicated or implied by such forward-looking statements, including, without limitation, exploration and development risks, changes in commodity prices, access to skilled personnel, the results of exploration and development activities; extraction risks; uninsured risks; regulatory risks; defects in title; the availability of materials and equipment, timeliness of government approvals and unanticipated environmental impacts on operations; litigation risks; risks posed by the economic and political environments in which the Company operates and intends to operate; increased competition; assumptions regarding market trends and the expected demand and desires for the Company's products and proposed products; reliance on industry equipment manufacturers, suppliers and others; the failure to adequately protect intellectual property; the failure to adequately manage future growth; adverse market conditions, the failure to satisfy ongoing regulatory requirements and factors relating to forward looking statements listed above which include risks as disclosed in the Company's filings on SEDAR+ and with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, management discussion and analysis and annual information form. Should one or more of these risks materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company assumes no obligation to update the information in this communication, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company with the respective securities commissions which are available online at www.sec.gov and www.sedarplus.ca.

Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

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SOURCE enCore Energy Corp.

FAQ

Who is the new CFO of enCore Energy (NASDAQ: EU)?

Kevin Kremke has been appointed as the new Chief Financial Officer of enCore Energy, effective October 1st, 2025. He brings extensive experience in corporate finance, M&A, and capital markets.

What compensation package was granted to enCore Energy's new CFO?

The new CFO received 250,000 stock options at US$2.30 per share and 250,000 restricted stock units, both vesting over four years at 25% annually.

When will Kevin Kremke start as CFO of enCore Energy?

Kevin Kremke will begin his role as Chief Financial Officer at enCore Energy on October 1st, 2025.

What is Kevin Kremke's educational background?

Kevin Kremke holds an M.B.A. from the University of Chicago Booth School of Business and a B.S. from Ball State University.

Why did enCore Energy (NASDAQ: EU) appoint a new CFO?

enCore Energy appointed Kremke to support their aggressive growth strategy as America's Clean Energy Company™, leveraging his expertise in financial management and energy sector experience.
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