enCore Energy Appoints Wayne Heili to the Board of Directors; Announces the Retirement of Dr. Dennis Stover

Core Insights - enCore Energy Corp. has appointed Mr. Wayne Heili to its Board of Directors, effective immediately, while Dr. Dennis Stover will retire from the Board on December 31, 2025, but will continue to support the company as Chair of the Technical Advisory Committee [1][2] Company Leadership Changes - Mr. Wayne Heili brings over 35 years of experience in uranium recovery, having held various technical and executive roles in the uranium industry, including CEO positions at Ur-Energy Inc. and Peninsula Energy Limited [3][4] - Dr. Dennis Stover has had a significant impact on the uranium industry over his five-decade career, contributing to safe and sustainable fuel solutions [2] Compensation and Incentives - Upon his appointment, Mr. Heili received an equity award consisting of 25,000 restricted stock units vesting over two years and 100,000 stock options with an exercise price of US$2.73, also vesting over a 24-month period [5] Company Overview - enCore Energy Corp. is focused on providing clean, reliable, and affordable nuclear fuel, being the only U.S. uranium company with multiple Central Processing Plants in operation [6] - The company utilizes In-Situ Recovery (ISR) technology for uranium extraction, which is recognized as a proven method in the industry [6] Future Projects - enCore has plans for future projects, including the Dewey Burdock Project in South Dakota and the Gas Hills Project in Wyoming, building on its success in South Texas [7]