NASDAQ:EU TSXV:EU www.encoreuranium.com DALLAS, Sept. 2, 2025 /PRNewswire/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company™, announced today that its Dewey Burdock ISR Uranium Project ("Dewey Burdock Project"), located in South Dakota, has been approved for inclusion in the Fast-41 Program by the U.S. Federal Permitting Improvement Steering Council ("Permitting Council"). This is a component of the implementation of President Trump's Executive Order ...

enCore Energy (EU) Update / Briefing August 27, 2025 01:15 PM ET Company ParticipantsWilliam Sheriff - Founder & Executive ChairmanRobert Willette - Director & Acting CEOOperatorWelcome, everybody. Thank you for joining us on the Encore Energy corporate update today. My name is Janet Lee Sheriff. I'll be your moderator. Today's guest will be William Sheriff, Executive Chairman and Rob Willett, Acting CEO and our Chief Legal Officer.This is being recorded and will be available online after the conference cal ...

Core Viewpoint - enCore Energy Corp. has successfully closed a $115 million USD offering of senior unsecured convertible notes, providing the company with long-term capital and flexibility for future operations [2][3] Group 1: Corporate Update - The company will host a corporate update on August 27, 2025, covering current operations in South Texas, the expansion of the Alta Mesa project, and details regarding the recent convertible notes offering [1] Group 2: Convertible Notes Details - The convertible notes have a maturity date of August 15, 2030, and bear a cash interest rate of 5.50% [2][3] - The company has the option to pay the principal in cash, common shares, or a combination thereof upon investor conversions [3] - enCore retains the right to redeem the notes early, compelling conversion if the stock price exceeds $4.28 USD for 20 out of 30 trading days starting August 21, 2028 [3] Group 3: Capped-Call Arrangement - A private capped-call arrangement has been established with leading banks to minimize future dilution from the notes, raising the effective conversion premium from 127.5% to 175% above the closing price prior to the announcement [4] - This strategy allows the company to diversify its investor base and raise capital without immediate dilution until the stock price exceeds approximately $4.52 USD per share [4] Group 4: Company Overview - enCore Energy Corp. is focused on providing clean, reliable, and affordable fuel for nuclear energy, being the only U.S. uranium company with multiple Central Processing Plants in operation [6] - The company utilizes in-situ recovery (ISR) for uranium extraction, a proven technology co-developed by its leadership [6] - Future projects include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming, alongside other non-core assets [7]

Core Points - enCore Energy Corp. has successfully closed an offering of $115 million in 5.50% Convertible Senior Notes due 2030, which includes an upsized offering of $100 million and a full exercise of a $15 million option [1][3] - The initial conversion rate for the Convertible Notes is set at 303.9976 common shares per $1,000 principal amount, translating to an initial conversion price of $3.2895 per common share, representing a 27.5% premium over the last reported sale price of $2.58 per share on August 19, 2025 [2] - The net proceeds from the offering amount to approximately $109.8 million, with $11.5 million allocated for capped call transactions and $10.6 million for repaying outstanding loan amounts, while the remainder will be used for general corporate purposes [3] Company Overview - enCore Energy Corp. is recognized as America's Clean Energy Company™, focusing on providing clean, reliable, and affordable fuel for nuclear energy, being the only U.S. uranium company with multiple Central Processing Plants in operation [6] - The company employs In-Situ Recovery (ISR) technology for uranium extraction, which is a proven method co-developed by its leadership team [6] - Future projects in enCore's pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming, alongside other non-core assets and proprietary databases [7]

The Convertible Notes will be redeemable, in whole or in part, for cash at enCore's option at any time, and from time to time, on or after August 21, 2028, and on or before the 40th scheduled trading day immediately before the maturity date, enCore may redeem for cash all or any portion of the Convertible Notes, at its option, if the last reported sale price per common share exceeds 130% of the conversion price for a specified period of time. In addition, the Convertible Notes will be redeemable, in whole a ...

Core Viewpoint - enCore Energy Corp. plans to offer $75 million in convertible senior notes due 2030, with an option for initial purchasers to buy an additional $11.25 million [1][2] Group 1: Offering Details - The convertible notes will be senior unsecured obligations, bearing interest payable semi-annually, maturing on August 15, 2030 [2] - Holders can convert their notes under certain conditions, with settlement options including cash, common shares, or a combination [2] - The company may redeem the notes for cash starting August 21, 2028, if the common share price exceeds 130% of the conversion price for a specified period [2] Group 2: Use of Proceeds - A portion of the net proceeds will be used for capped call transactions related to the convertible notes [3] - Remaining proceeds will be allocated to repay outstanding amounts under a loan agreement and for general corporate purposes [3] Group 3: Capped Call Transactions - Capped call transactions are expected to reduce potential dilution of common shares upon conversion of the notes [5] - These transactions will be privately negotiated with financial institutions and are subject to anti-dilution adjustments [4] Group 4: Market Impact - The option counterparties may engage in derivative transactions and purchase common shares, potentially affecting the market price of enCore's shares and the convertible notes [6][7] - This activity could influence the holders' ability to convert the notes and the cash or shares received upon conversion [8] Group 5: Company Overview - enCore Energy Corp. is focused on providing clean, reliable, and affordable fuel for nuclear energy, being the only U.S. uranium company with multiple Central Processing Plants in operation [10] - The company utilizes in-situ recovery (ISR) for uranium extraction, a proven technology co-developed by its leadership [10] - Future projects include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming [11]

Core Viewpoint - enCore Energy Corp. has announced the acquisition of a 5,900-acre parcel of land named Tacubaya, which is adjacent to its existing Alta Mesa Uranium Project, aimed at enhancing the project's longevity and feed supply [1][2]. Group 1: Acquisition Details - The Tacubaya acquisition significantly expands the Alta Mesa Uranium Project, leveraging compelling geology and location [2]. - Historical mineralization discovered by Chevron in the late 1970s will be explored further, with an aggressive exploration program planned [2][5]. - The acquisition includes mineral and surface leases, and is part of a joint venture where enCore holds a 70% stake and Boss Energy Ltd. holds 30% [5]. Group 2: Project Overview - The Alta Mesa Uranium Project operates a fully licensed ISR Central Processing Plant with a total capacity of 1.5 million pounds of uranium per year, plus an additional drying capacity of 0.5 million pounds [4]. - The project utilizes In-Situ Recovery (ISR) technology, which is a non-invasive method for uranium extraction using natural groundwater and oxygen [5]. - Historical production at the Alta Mesa CPP reached nearly 5 million pounds of uranium from 2005 to 2013 before being curtailed due to low prices [6]. Group 3: Future Plans - Initial exploration on Tacubaya will include a 200-hole drilling program, starting in October 2025, with multiple rigs deployed [5]. - The exploration aims to delineate uranium mineralization and project the continuation of productive roll fronts from existing wellfields [5].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED June 30, 2025 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD OF _________ TO _________. Commission File Number: 001-41489 ENCORE ENERGY CORP. (Exact name of registrant as specified in its charter) | British Col ...

Exhibit 99.1 NEWS RELEASE NASDAQ:EU TSXV:EU August 11, 2025 www.encoreuranium.com enCore Energy Reports Q2 2025 Financial Results, Highlighted by Increased Uranium Extraction Rates and Reduced Costs August 11, 2025 – Dallas, Texas – enCore Energy Corp. (NASDAQ:EU | TSXV:EU) (the "Company" or "enCore"), America's Clean Energy CompanyTM, today announced its financial and operational results for the six months ended June 30, 2025. Highlights for three months ended June 30, 2025 include: Highlights for six mont ...

Core Insights - enCore Energy Corp. reported its financial and operational results for the six months ended June 30, 2025, highlighting significant operational improvements and financial metrics [1][5]. Financial Performance - For the three months ended June 30, 2025, the company recorded a net loss per share of $(0.03), an improvement from $(0.12) in the same period of 2024 [5]. - The weighted average cost of U3O8 sold was $59.42 per pound, down from $100.71 per pound in the same period of 2024 [5]. - The closing cash and equivalent balance was $26.9 million, with working capital of $30.2 million [5]. Operational Updates - The company extracted 203,798 pounds of U3O8 in Q2 2025, representing an increase of 79% from the first quarter of 2025 [5]. - Daily production averaged 2,678 pounds in June 2025, up from 2,103 pounds in May and 1,942 pounds in April 2025 [5]. - The company delivered 350,000 pounds of U3O8 into sales contracts at an average price of $62.58 per pound [5]. Inventory and Costs - The closing balance of U3O8 inventory was 244,204 pounds at a cost of $39.63 per pound [5]. - Total costs of U3O8 sold in Q2 2025 amounted to $20,796, with a cost per pound of $59.42 [4]. Project Developments - The Alta Mesa ISR Uranium Project continues to expand, with the addition of 75 wells during the second quarter [5]. - The company made important permitting progress by including the Upper Spring Creek ISR Uranium Project in the existing Radioactive Materials License from the Texas Commission on Environmental Quality [5]. - Construction activities for the wellfields and a Satellite Ion Exchange Plant commenced during the quarter [5]. Future Outlook - The company plans to increase the number of drill rigs operating to 30 in the third quarter of 2025 [5]. - Future projects in the pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming [17].