Recent Updates — EU
enCore Energy Corp. reported financial results for the six months ended June 30, 2026, posting a net loss per share of $0.19 compared to $0.16 in the prior year period. The company delivered 485,000 pounds of uranium at an average sales price of $70.10 per pound, up from 350,000 pounds at $62.58 in 2025. Extraction volumes decreased to 131,274 pounds from 317,613 pounds, while total liquidity stood at $88.4 million. Management executed a workforce reduction in July 2026 to lower costs, with savings expected in Q3. Permitting progress includes anticipated final permits for the Alta Mesa Wellfield 3 Extension and Rosita Project in Q4-2026, and state permitting for the Dewey Burdock project is underway. enCore Energy Corp. operates in the uranium mining industry, utilizing in-situ recovery technology to extract uranium for nuclear energy.
enCore Energy Corp. entered into a Separation and General Release Agreement effective July 8, 2026, with former CEO Robert J. Willette, who was terminated without cause on April 20, 2026. Under the agreement, Mr. Willette will receive a cash payment of $1,800,000 (less taxes and attorneys' fees) and a grant of 300,000 fully vested nonqualified stock options with a five-year term for consulting and advisory services. In exchange, he forfeits all other outstanding unvested stock options and restricted stock units. The company operates in the energy industry, focusing on uranium exploration and production.