enCore Energy Closes $30 Million Bought Deal Public Offering of Units, Including Full Exercise of Over-Allotment Option

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CORPUS CHRISTI, Texas, March 25, 2022 (GLOBE NEWSWIRE) -- enCore Energy Corp. (“enCore” or the “Company”) (TSX-V: EU; OTCQB: ENCUF) is pleased to announce that it has closed its previously announced “bought deal” prospectus offering. The Company sold an aggregate of 19,607,842 units of the Company (the “Units”), which includes the exercise in full of the underwriters’ over-allotment option, at a price of $1.53 per Unit for aggregate gross proceeds to the Company of $29,999,998.26 (the “Offering”).