Fueling the Future:
Alta Mesa Acquisition,
South Texas
November 2022 TSX.V: EU | OTCQB: ENCUF | encoreuranium.com
Disclaimer
©2022 enCore Energy Corp., All rights reserved. Unless otherwise noted, "enCore" and all other marks used in this presentation are trademarks of enCore Energy (the "Company"). Any reproduction or dissemination of any feature of this presentation, in whole or in part, or any use of this presentation for any unlawful purposes, is strictly prohibited.
The technical contents of this presentation were reviewed and approved by John M. Seeley, Ph.D., P.G., enCore's Manager of Geology and Exploration, the Qualified Person as defined under National Instrument 43-101 and has reviewed and verified the information presented throughout this enCore Uranium website.
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TSX.V: EU | OTCQB: ENCUF | 2 |
enCore Energy:
FUELING THE FUTURE
Fully funded uranium production strategy to provide clean, reliable and carbon-free domestic energy
Uranium Spot Price
150
100
M U I N A R U
50
0
2004 | 2006 | 2008 | 2010 | 2012 | 2014 | 2016 | 2018 | 2020 | 2022 | 2024 |
Energy Metals
Energy Metals Corp. formed to pursue
ISR operations in the USA.
Consolidates sector, sold to Uranium
One for $1.8Bn
TSX.V: EU | OTCQB: ENCUF
enCore Energy
enCore Energy Corp. established to develop ISR operations in the USA
enCore Energy
Acquires Westwater Resources. Commences consolidation strategy. Addition of Paul Goranson as CEO
enCore Energy | enCore Energy | |
Announces acquisition of | Advancement of production | |
Azarga Uranium. Advances | ||
facilities. Continue consolidation | ||
Texas facilities towards | ||
through M&A | ||
production | ||
TSX.V: EU | OTCQB: ENCUF | 3 |
enCore Energy:
reliable domestic uranium supply
South Texas Focus: Rosita, Kingsville Dome, and Alta Mesa facilities
On schedule and on budget for planned 2023 production, focused solely on the US production; 3.6 mm lbs/yr production capacity
Advanced Assets: US Production Pipeline
- Mlbs in the M&I category, 25.8 Mlbs in the Inferred category, and
- Mlbs in the historic category*
In-Situ Recovery: Uranium
Extraction process with proven economic advantages and minimal environmental impact
Industry-Leading Experts
Experienced management in ISR uranium development, production and sales
Uranium Sales Strategy
Supported by base sales agreements while preserving exposure to the market
Other Assets & Investments
M&A strategy; non-core asset strategy; investing in new technology; exclusive database access
A Qualified Person (as defined in NI 43-101) has not done sufficient work to classify the historical estimate as a current mineral resource. Additional work will be required to verify and update historical estimates, including a review of assumptions, parameters, methods and testing. Historical estimates do not use the current mineral resources categories prescribed under NI 43-101. enCore is not treating the historical estimate as a current mineral resource and it should not be relied upon.
TSX.V: EU | OTCQB: ENCUF | 4 |
enCore corporate summary
AS AT NOVEMBER 11, 2022
Market Capitalization (@$3.65) | $349,724,586 CDN |
Shares Issued & Outstanding | 107,607,565 |
Warrants | 8,536,820 |
Options | 7,326,670 |
Fully Diluted | 123,471,055 |
Cash* | $11.5 mm USD |
Mark-to-Market Uranium Purchase | $2.5 mm USD |
Marketable Securities | $2.5 mm USD |
Debt | 0 |
Note:
-
Does not include an option to buy
200,000 lb U3O8 in Q1/23 @ $43.75 USD/Ib U3O8 - Numbers do not account for the November 14, 2022 news release pertaining to the Alta Mesa project or bought deal financing.
TSX.V: EU | OTCQB: ENCUF
TSX.V: EU | OTCQB: ENCUF | 5 |
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enCore Energy Corp. published this content on 14 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 November 2022 04:11:01 UTC.