enCore Energy Appoints Chief Financial Officer and Executive Vice President
03 Juni 2019 - 2:30PM
enCore Energy Corp. (TSX.V: EU) (the
"
Company") is pleased to announce, effective June
1, 2019, that it has appointed Greg Hayes as Chief Financial
Officer and Jordan Butler as Executive Vice President.
Greg Hayes, Chief Financial Officer,
CPAA Chartered Professional Accountant, Mr. Hayes also
serves as Chief Financial Officer of Golden Predator Mining Corp.
and Taku Gold Corp. He previously served as the Chief Executive
Officer for Golden Predator Mining Corp. and Northern Tiger
Resources Inc. and as the Chief Financial Officer of Shear Minerals
Ltd. Mr. Hayes has a broad range of management and accounting
experience and has been focused primarily on the junior resource
sector for the last twelve years.
Jordan Butler, Executive
Vice-PresidentMr. Butler brings significant capital
markets and corporate development experience within the natural
resource sector to enCore Energy. He recently served as Vice
President of Corporate Development for Callinex Mines Inc., where
he led a major expansion of the corporate assets that added over
3.5 billion pounds of zinc equivalent mineralization. Prior to this
role, he provided asset and equity valuations for the natural
resource portfolio of Till Capital Ltd. He has also worked in
various capacities within the uranium sector including with Uranium
Energy Corp. and enCore Energy Corp. Mr. Butler holds a Master of
Business Administration from Vancouver Island University and a
Master of Science in International Business from the University of
Hertfordshire.
The Company has also granted a total of 3,995,00
stock options to officers, directors and consultants of enCore
Energy Corp. The options were granted for a period of 5 years
and will allow the holder to purchase a common share of the Company
at an exercise price of $0.15.
The Company also wishes to thank Mr. Scott
Davis, former Chief Financial Officer, for his service and wishes
him great success in the future.
About enCore Energy
Corp.enCore Energy Corp., with assets based
entirely in the United States, has a 100% interest, with no holding
costs, on 115,000+ acres (46,400 ha) of private mineral rights in
New Mexico, including the Crownpoint and Hosta Butte uranium
deposits. These deposits contain an Indicated Mineral Resource of
26.6 million pounds of U3O8 at an average grade of 0.105% e
U3O8(1). A portion of these resources are under NRC license. The
Company also holds the Marquez and Treeline projects in New Mexico
as well as other properties in Utah, Arizona, and Wyoming. The
Company owns or has access to an extensive collection of
proprietary North American and Global uranium data including the
Union Carbide, US Smelting and Refining, UV Industries, Rancher’s
Exploration databases in addition to a leading geophysical data
collection concerning the high- grade Northern Arizona Strip
district.
For additional information: William M.
SheriffExecutive
Chairman972-333-2214info@encoreenergycorp.comwww.encoreenergycorp.com
- Technical Report, titled, "Crownpoint and Hosta Butte Uranium
Project Mineral Resource Technical Report, McKinley County, New
Mexico, USA, Mineral Resource Technical Report - National
Instrument 43-101," dated May 14, 2012, and authored by Douglas L.
Beahm, PEng, PGeo.
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.
Cautionary Note Regarding Forward-Looking
Statements
This news release includes certain
forward-looking statements within the meaning of applicable
securities laws including the anticipated completion of the
transaction and acquisition of the Marquez, Nose Rock and other
properties, and the potential advancement thereof. Forward- looking
statements are statements that relate to future, not past, events.
In this context, forward- looking statements often address expected
future business and financial performance, and often contain words
such as "anticipate", "believe", "plan", "estimate", "expect", and
"intend", statements that an action or event "may", "might",
"could", "should", or "will" be taken or occur, or other similar
expressions. Estimates of mineral resources and reserves are also
forward looking statements because they constitute projections
regarding the amount of minerals that may be encountered in the
future. All statements, other than statements of historical fact,
included herein including, without limitation; statements about the
terms and completion of the transaction are forward-looking
statements. By their nature, forward-looking statements involve
known and unknown risks, uncertainties and other factors, which may
cause the actual results, performance or achievements, or other
future events, to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. Forward-looking statements are made
based on management's beliefs, estimates and opinions on the date
that statements are made and the respective companies undertakes no
obligation to update forward-looking statements if these beliefs,
estimates and opinions or other circumstances should change, except
as required by applicable securities laws. Investors are cautioned
against attributing undue certainty to forward-looking
statements.
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