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Verdera Energy Corp. is registering 35,000,000 common shares for a planned special distribution (the "Special Distribution") by selling shareholder enCore Energy Corp.
The Distribution Shares will be distributed pro rata to enCore shareholders on a Distribution Record Date set by enCore; Verdera will not receive any proceeds from the Special Distribution or from the prior conversion of Class A Preferred Shares. Shares outstanding after the Special Distribution are shown as 110,757,993 common shares.