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#Encore energy corporation inc license
The Dewey Burdock in-situ recovery uranium project in South Dakota, USA (the "Dewey Burdock Project"), which is the Company's initial development priority, has been issued its Nuclear Regulatory Commission License and Class III and Class V Underground Injection Control permits from the Environmental Protection Agency and the Company is in the process of completing other major regulatory permit approvals necessary for the construction of the Dewey Burdock Project.Ĭertain information contained herein constitutes forward-looking information or statements under applicable securities legislation and rules.
#Encore energy corporation inc plus
enCore Energy's initial opportunities are created from the Company's South Texas licensed and past-producing Rosita and Kingsville Dome ISR production facilities, under development, and multiple satellite projects in South Texas plus the changing global uranium supply/demand outlook and opportunities for industry consolidation. Large uranium resource endowments in New Mexico add to the asset base for long term growth and development opportunities.Īzarga Uranium is an integrated uranium exploration and development company that controls ten uranium projects and prospects in the United States of America ("USA") ( South Dakota, Wyoming, Utah and Colorado), with a primary focus of developing in-situ recovery uranium projects. domestic uranium developer focused on becoming a leading in-situ recovery ("ISR") uranium producer, is led by a team of industry experts with extensive knowledge and experience in all aspects of ISR uranium operations. or as soon thereafter as counsel may be heard.ĮnCore Energy Corp., a U.S. The parties expect to receive approval from the NRC on or about Decemand to close the transaction shortly thereafter.Īzarga expects to apply to the Supreme Court of British Columbia in Vancouver for the Final Order on Decemat 9:45 a.m.
As previously announced on November 23, 2021, an extension to the arrangement agreement was executed to allow the parties to obtain regulatory approvals, including approval from the United States Nuclear Regulatory Commission (the "NRC") and the final order of the Supreme Court of British Columbia (the "Final Order"). EnCore and Azarga Uranium Arrangement Updateįollowing a vote by Azarga Uranium shareholders with over 99% of votes cast in favour of the transaction, enCore and Azarga Uranium are working to obtain the necessary regulatory approvals required to complete the transaction, whereby enCore will acquire all of the issued and outstanding common shares of Azarga Uranium.
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