enCore Energy Corp. Announces Executive Leadership Changes and Strategic Developments

Key Highlights

• Retirement of William M. Sheriff as Executive Chair and Director: William M. Sheriff, the founder of enCore Energy Corp., has officially retired from his role as Executive Chair and Director. He has been named Chairman Emeritus and will remain involved as a Senior Advisor on the Company’s Technical Advisory Committee, focusing on investments, corporate development, and finance.
• Appointment to Verdera Energy Corp.: Mr. Sheriff will also serve as Executive Chair of Verdera Energy Corp. (TSXV:V), signaling a new leadership chapter for both organizations.
• Upcoming Distribution of Verdera Shares: enCore intends to distribute common shares of Verdera Energy Corp. to its shareholders, after the effectiveness of Verdera’s resale registration statement. enCore will announce a record date prior to the distribution. enCore remains the largest shareholder of Verdera.
• Participation at PDAC 2026: Mr. Sheriff and enCore management will be attending the world’s leading mineral exploration and mining convention, PDAC 2026, and presenting at the Investor Forum on March 3, 2026.
• Operational Strength and Pipeline: enCore Energy remains the only uranium company in the U.S. with two operational Central Processing Plants, both located in South Texas. The Company’s pipeline includes future projects such as the Dewey Burdock Project (South Dakota) and the Gas Hills Project (Wyoming), along with other non-core assets and proprietary databases.

Detailed Investor-Focused Summary

enCore Energy Corp. (NASDAQ:EU, TSXV:EU), a leading U.S. uranium producer, has announced significant changes to its executive leadership. William M. Sheriff, who played a pivotal role in founding and building enCore from inception to its current position as a prominent in-situ uranium producer, has retired as Executive Chair and Director. In recognition of his contributions, Mr. Sheriff has been named Chairman Emeritus and will continue as a Senior Advisor, offering guidance on corporate development, mergers and acquisitions, and investments.

Crucially, Mr. Sheriff has also accepted the role of Executive Chair at Verdera Energy Corp. (TSXV:V), a move that may indicate strategic collaboration and shared leadership between the two companies. This transition is especially notable as enCore remains Verdera’s largest shareholder.

Share Distribution – Potentially Price Sensitive Event: enCore has reiterated its plans to distribute common shares of Verdera Energy Corp. to enCore shareholders, following the effectiveness of Verdera’s resale registration statement. A record date for this distribution will be announced in due course. This distribution could have a direct impact on shareholder value and enCore’s capital structure, making it a highly price-sensitive development. Investors should closely monitor for updates on the registration statement’s effectiveness and the forthcoming record date.

PDAC 2026 Participation: enCore’s participation at the PDAC 2026 conference, including a presentation at the Investor Forum, underscores the company’s commitment to transparency and engagement with the investment community. This visibility may attract additional investor interest and could be a catalyst for share price movement.

Operational Overview and Growth Pipeline: enCore continues to distinguish itself as the only U.S. uranium company with two fully operational Central Processing Plants, both in South Texas. The company’s leadership team brings deep expertise in uranium In-Situ Recovery (ISR) operations—a proven and efficient extraction method. enCore’s robust project pipeline includes advanced-stage assets such as the Dewey Burdock Project in South Dakota and the Gas Hills Project in Wyoming, as well as non-core assets and valuable proprietary databases.

Forward-Looking Statements and Risks

The company has issued the customary cautionary note regarding forward-looking statements, highlighting that all projections, expectations, and strategic goals are subject to risks and uncertainties. These include, but are not limited to, regulatory approvals, market conditions, project execution risks, litigation, availability of resources, and other factors disclosed in enCore’s regulatory filings. Actual results may differ materially from those anticipated in these forward-looking statements.

What Investors Should Watch For

• The effectiveness of Verdera’s resale registration statement and the record date announcement for the share distribution.
• Further developments from enCore’s project pipeline and operational updates.
• Market and investor reaction to the company’s executive leadership transition and ongoing involvement of William M. Sheriff.
• Any additional news or presentations emerging from PDAC 2026.

Disclaimer: This article contains forward-looking statements based on current expectations and projections, which are subject to a range of risks and uncertainties. Investors should not rely solely on these statements in making investment decisions. For a comprehensive understanding of the risks involved, please refer to enCore Energy Corp.’s filings with the SEC and Canadian securities regulators. This article does not constitute investment advice.

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