John M. Seeley, Ph.D., P.G., C.P.G., enCores Manager of Geology and Exploration, and a Qualified
Person under NI 43-101 and Regulation S-K suboart 1300 of the Exchange Act of 1933 as amended, has reviewed and approved the technical disclosure in this news release on
behalf of the Company.
About enCore Energy Corp.
enCore Energy Corp., Americas Clean Energy Company, is committed to providing clean, reliable,
and affordable fuel for nuclear energy as the only United States uranium company with multiple Central Processing Plants in operation. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of In-Situ Recovery (ISR) uranium operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology
co-developed by the leaders at enCore Energy.
Following upon enCores demonstrated success in South Texas,
future projects in enCores planned project pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming. The Company holds other assets including non-core assets and
proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments.
Contact:
William M. Sheriff
Executive Chairman
972-333-2214
info@encoreuranium.com
www.encoreuranium.com
1Alta Mesa Uranium Project, Brooks County, Texas, USA, S-K 1300 Technical Report Summary dated February 19, 2025 and effective December 31, 2024
prepared by Stuart Bryan Soliz, PG of SOLA Project Services.
Cautionary Note Regarding Forward Looking Statements:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws that are based on managements current expectations, assumptions, and beliefs. Forward-looking statements can often be identified by such words as
expects, anticipates, plans, believes, intends, continue, potential, remains, and similar expressions or variations (including negative variations) of
such words and phrases, or statements that certain actions, events or results may, could, or will be taken. Forward-looking statements and information that are not statements of historical fact include, but are
not limited to, any information relating to statements regarding future or potential extraction, and any other statements regarding future expectations, beliefs, goals or prospects, statements regarding the success of current and future ISR
operations, including projects in our pipeline, our accelerated wellfield development and uranium extraction plans, the timing and number of additional injection and recovery wells, the expectation that the Companys extraction process is
faster than anticipated will be positive for revenue and return on investment and anticipated processing capacity, the processing capacity once the third IX Circuit is online, anticipated production increasing from the wellfield as
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