Encore Energy SEC Filings

enCore Energy Corp. filed an 8-K reporting a material transaction: the company completed an issuance documented by an Indenture for 5.50% Convertible Senior Notes due 2030, dated August 22, 2025. The filing includes the form of the 5.50% Convertible Senior Notes, a form of Capped Call Confirmation, and a closing press release dated August 22, 2025. The disclosure also references an Inline XBRL cover page and is signed by Robert Willette.

This filing provides the legal documents related to the convertible note issuance and related hedging instrument; specific economic terms beyond the 5.50% coupon and 2030 maturity are not included in the provided excerpt.

enCore Energy Corp. announced a private offering of its convertible senior notes due 2030, initially targeting $75 million aggregate principal amount and subsequently upsizing the deal to $100 million after pricing. These notes are being offered in a transaction exempt from the registration requirements of U.S. securities laws.

The company disclosed this information under a Regulation FD item and attached two related press releases as exhibits, one describing the launch of the offering and another detailing the pricing and increased size of the notes.

enCore Energy Corp. (EU) disclosure: This amended Form 3, filed by Chief Operating Officer Dain McCoig, reports direct ownership of 3,420 common shares and two option grants of 60,000 shares each. The first option grant (issued 06/26/2023) is fully vested and exercisable with an exercise price of $2.24 (USD equivalent noted). The second grant (06/13/2024) vests in quarterly installments and carries an exercise price of $4.09 (USD equivalent noted). The filing is amended to include holdings previously omitted.

Amended Form 3: The reporting person, a director of enCore Energy Corp. (EU), discloses direct ownership of 306,700 shares of common stock and holds 233,333 stock options that are exercisable on 02/14/2027 with an exercise price reported as $3.04 (U.S. dollar equivalent). The amendment corrects previously misstated holdings.

Global X Management Company LLC reports beneficial ownership of 10,110,010 common shares of enCore Energy Corp., representing 5.42% of the outstanding common shares. The filing is a Schedule 13G/A indicating passive investor status and states the shares are held in the ordinary course of business and not for the purpose of changing or influencing control. The cover information identifies the relevant investment vehicle as the Global X Uranium ETF, which relates to more than 5% of the class.

enCore Energy Corp. (EU) received a Schedule 13G/A disclosing that MMCAP International Inc. SPC and its adviser MM Asset Management Inc. collectively beneficially own 11,433,501 Common Shares, representing 5.9% of the class. The amount reported includes 3,819,501 issued Common Shares and 7,614,000 Common Shares underlying warrants exercisable within 60 days. Percentages are calculated using 186,261,281 Common Shares outstanding as of May 4, 2025. MMCAP (Cayman) reports shared voting and dispositive power over the 11,433,501 shares. The filing states the holdings were not acquired to change or influence control and is signed by authorized representatives on 08/14/2025. The Event Date for the reported amounts is 06/30/2025.

enCore Energy Corp. appointed Robert Willette as its principal financial officer and principal accounting officer while it continues its previously announced search for a new Chief Financial Officer. This means he will temporarily oversee the company’s finance and accounting functions.

Willette, age 50, is already serving as enCore Energy’s Acting Chief Executive Officer and Chief Legal Officer, roles he has held since March 2025 and February 2024, respectively. The company states that he has no direct or indirect material interest in any transaction that would require disclosure under Item 404(a) of Regulation S-K.

enCore Energy reported revenue of $3.7M for Q2 2025 and $21.9M for the six months ended June 30, 2025, with a net loss of $8.8M in Q2 and $34.2M year-to-date. Operating loss for the six months was $34.9M. Cash and cash equivalents on the balance sheet were $26.9M with restricted cash of $8.0M (total cash, cash equivalents and restricted cash $34.9M). Current assets declined to $49.9M from $87.4M at year-end, driven by lower marketable securities and inventory.

The company continues to carry substantial mineral rights and properties of $267.4M, including $113.9M capitalized for the Alta Mesa project. In February 2024 Boss Energy acquired a 30% interest in Alta Mesa for $60.0M and enCore continues to consolidate Alta Mesa with a non-controlling interest of $30.2M as of June 30, 2025. The filing discloses a March 14, 2025 securities class action and arbitration demands by former executives. The report also highlights historical negative operating cash flows and the need for additional financing as material risks.

enCore Energy Corp. filed a current report to share that it has released financial results for its second quarter ended June 30, 2025. On August 11, 2025, the company issued a press release with these results, which is included in this report as Exhibit 99.1.

The information about results of operations and financial condition is furnished under Item 2.02 and is expressly not deemed filed for liability purposes under the Exchange Act or incorporated into other securities law filings.