enCore Energy Provides 5 Year Uranium Contracting Strategy Outlook
Provided By PR Newswire
Last update: Nov 4, 2024
NASDAQ:EU
TSXV:EU
www.encoreuranium.com
DALLAS, Nov. 4, 2024 /PRNewswire/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), a uranium producer and America's Clean Energy Company™, today provides the Company's contracting strategy ("Contracting Strategy") and 5 year forward outlook regarding its uranium sales agreements. As of October 31, 2024, the Company has executed seven (7) contracts to supply uranium to nuclear power plants in the United States and holds one (1) legacy contract with a uranium trading company. Our Contracting Strategy Outlook represents our annual contracted sales only. This Contracting Strategy provides enCore with significant exposure to future spot uranium prices on a percentage of our future planned production. The Company's Contracting Strategy has achieved the objective of establishing a base level of revenue while retaining significant exposure to upside price action.
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