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Verdera Energy: enCore completes 35M-share distribution

EnCore retained 17,554 unrestricted Verdera shares and two 5,889-share blocks restricted until November 20, 2026, and February 20, 2027.

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Form Type
6-K

Rhea-AI Filing Summary

Verdera Energy Corp. (VUECF) announced that enCore Energy completed the distribution of 35,000,000 Verdera shares to enCore shareholders of record as of September 25, 2026; the distribution was completed September 30, 2026. Fractional share entitlements were rounded down. enCore retained 17,554 unrestricted shares, plus 5,889 shares restricted until November 20, 2026, and 5,889 shares restricted until February 20, 2027.

EnCore shareholders now hold a direct interest in Verdera and its New Mexico ISR uranium assets. Verdera says it holds private mineral rights spanning approximately 400 square miles and 88 million pounds of known and historical resources. The company’s stated plans include advancing those assets, with forward-looking information subject to risks including financing, regulatory approvals, uranium prices, and exploration and development activities.

Shares distributed 35,000,000 shares Distribution to enCore shareholders
Unrestricted shares retained by enCore 17,554 shares After the distribution
Restricted shares retained by enCore 5,889 shares Restricted until November 20, 2026
Restricted shares retained by enCore 5,889 shares Restricted until February 20, 2027
Private mineral rights Approximately 400 square miles Verdera's New Mexico assets
Known and historical resources 88 million pounds Verdera's uranium assets
In-Situ Recovery technical
"development of In-Situ Recovery (“ISR”) uranium assets in New Mexico"
In-situ recovery is a mining method that extracts a valuable material by dissolving it underground and pumping the solution to the surface instead of digging or blasting rock. For investors, it matters because this approach often lowers upfront construction costs, shortens development time and reduces visible land disturbance, but it also brings regulatory, environmental and groundwater risks that can affect project timelines, operating costs and valuation.
fractional share entitlements financial
"Fractional share entitlements were rounded down"
private mineral rights technical
"holds private mineral rights spanning approximately 400 square miles"
known and historical resources technical
"88 million pounds of known and historical resources"
forward-looking information regulatory
"Forward-looking information and forward-looking statements"
Forward-looking information are predictions, plans, estimates or expectations about a company’s future performance, results or events, such as sales forecasts, project timelines, or anticipated costs. It matters to investors because these statements guide expectations but rely on assumptions and uncertain factors—like a weather forecast for a business—so investors should treat them as informed guesses rather than guarantees and consider the risks and possible changes behind the numbers.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Verdera (VUECF) shares were distributed to enCore shareholders?

Verdera shares distributed to enCore shareholders totaled 35,000,000; the distribution was completed September 30, 2026, for shareholders of record as of September 25, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

 

For the month of October 2026

 

Commission File Number 333-295440

 

Verdera Energy Corp.
(Translation of registrant’s name into English)

 

#250 – 750 West Pender St.

Vancouver, British Columbia, V6C 2T7, Canada

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40F:

 

Form 20-F ☒      Form 40-F ☐

 

 

 

 

The following document is being submitted herewith:

 

Exhibit   Description
99.1   News Release dated October 1, 2026

 

1

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Verdera Energy Corp.
  (Registrant)
   
Date: October 1, 2026 By: /s/ Janet Lee-Sheriff
  Name: Janet Lee-Sheriff
  Title: Chief Executive Officer

 

2

Exhibit 99.1

 

 

 

Verdera Energy Announces Completion of Share Distribution to enCore Energy Shareholders

 

TSXV: V

OTCQB: VUECF

www.verderauranium.com

 

VANCOUVER, BC, Oct. 1, 2026 /CNW/ -- Verdera Energy Corp. (TSXV: V) (OTCQB: VUECF) (“Verdera” or the “Company”) announces that enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (“enCore”) has completed the previously announced distribution of Verdera shares to enCore shareholders of record as of September 25, 2026. The distribution was completed on September 30, 2026.

 

The distribution consisted of an aggregate of 35,000,000 Verdera shares, comprised of:

 

●21,000,000 unrestricted Verdera shares, representing 0.108 of an unrestricted Verdera share for each enCore share held;

 

●7,000,000 Verdera shares restricted until November 20, 2026, representing 0.036 of a restricted Verdera share for each enCore share held; and

 

●7,000,000 Verdera shares restricted until February 20, 2027, representing 0.036 of a restricted Verdera share for each enCore share held.

 

Fractional share entitlements were rounded down in accordance with the terms of the distribution. As a result, enCore retained 17,554 unrestricted Verdera shares, 5,889 Verdera shares restricted until November 20, 2026, and 5,889 Verdera shares restricted until February 20, 2027.

 

With the distribution complete, enCore shareholders now hold a direct interest in Verdera and its portfolio of ISR uranium assets in New Mexico.

 

“Completing this distribution is an important milestone for Verdera,” said Janet Lee-Sheriff, Chief Executive Officer of Verdera. “We are pleased to welcome enCore’s shareholders to the Verdera register. With a broader shareholder base and a clear focus on advancing our ISR uranium assets in New Mexico, we look forward to building value for all of our shareholders, including our largest shareholder, enCore Energy, as the United States works to strengthen its domestic uranium supply.”

 

About Verdera Energy Corp.

 

Verdera Energy Corp. is focused on the development of In-Situ Recovery (“ISR”) uranium assets in New Mexico. Led by a team with extensive experience in the uranium and natural resources sector, Verdera is working to meet the growing demand for clean, reliable domestic uranium in the United States. Verdera holds private mineral rights spanning approximately 400 square miles, 88 million pounds of known and historical resources and a significant proprietary uranium database. New Mexico, with expansive uranium resources, is positioned as a critical district in the U.S. domestic nuclear renaissance, driven by efforts to reduce reliance on foreign imports. Verdera is committed to fostering strong community relations and strives to work closely with local communities.

 

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

 

Forward-looking Information

 

This news release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws (collectively, “forward-looking information”). Forward-looking information in this release includes, but is not limited to, statements regarding the Company’s plans and expectations concerning the advancement of its ISR uranium assets in New Mexico; the potential of those assets; the Company’s ability to build shareholder value; anticipated demand for uranium; and the role of domestic uranium supply in the United States. Forward-looking information is based on management’s current expectations, estimates, assumptions and projections as of the date of this release, including assumptions regarding market conditions, uranium prices, the availability of financing, regulatory approvals, technical and operational matters, and the Company’s ability to execute its business plans. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied, including risks relating to exploration and development activities, commodity prices, financing, permitting and regulatory approvals, environmental matters, operating costs, political and economic conditions, and other risks generally associated with the mineral exploration and uranium industries. Readers are cautioned not to place undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Additional information identifying risks and uncertainties is contained in filings by Verdera with the respective securities commissions which are available online at www.sec.gov and www.sedarplus.ca.

 

View original content to download multimedia:

https://www.prnewswire.com/news-releases/verdera-energy-announces-completion-of-share-distribution-to-encore-energy-shareholders-302896550.html

 

SOURCE Verdera Energy Corp.

 

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2026/01/c4501.html

 

%SEDAR: 00055735E

 

For further information: For more information, contact: Valerie Kimball, P: 720-933-1150, E: info@verderauranium.com, www.verderauranium.com; Investor Relations: Graham Farrell, P: 416-842-9003, E: graham@northstarir.ca

 

CO: Verdera Energy Corp.

 

CNW 16:15e 01-OCT-26

 

Filing Exhibits & Attachments

3 documents

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