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ENCORE ENERGY ANNOUNCES COMPLETION OF AZARGA URANIUM ACQUISITION: CREATION OF TOP TIER UNITED STATES ISR URANIUM COMPANY
ENCORE ENERGY ANNOUNCES COMPLETION OF AZARGA URANIUM ACQUISITION: CREATION OF TOP TIER UN...
About this update from Encore Energy Corp.
[{"type":"text","content":"\n \n \n \n ENCORE ENERGY ANNOUNCES COMPLETION OF AZARGA URANIUM ACQUISITION: CREATION OF TOP TIER UNITED STATES ISR URANIUM COMPANY\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n CORPUS CHRISTI, Texas\n \n ,\n \n Jan. 4, 2022\n \n /CNW/ - enCore Energy Corp. (\"\n \n enCore\n \n \") (TSXV: EU) (OTCQB: ENCUF) and Azarga Uranium Corp. (\"\n \n Azarga Uranium\n \n \") (TSX:AZZ, OTCQB:AZZUF, FRA:P8AA) are pleased to announce the closing of the previously announced plan of arrangement (the \"\n \n Arrangement\n \n \") whereby enCore has acquired all of the outstanding shares of Azarga Uranium. The Arrangement consolidates an industry leading pipeline of exploration and development stage in-situ recovery (\"\n \n ISR\n \n \") projects, including two production licenses and focused uranium projects in preferred, permittable\n \n United States\n \n jurisdictions and resources of approximately 90 million pounds of U3O8 estimated in the measured and indicated categories and 9 million pounds of U3O8 estimated in the inferred category\n \n 1\n \n .\n \n \n \n \n \n \n \n \n \n enCore's assets include the licensed Rosita & Kingsville production facilities in\n \n South Texas\n \n , the advanced-stage Dewey Burdock development project in\n \n South Dakota\n \n , which has been issued its key federal permits, the PEA-stage Gas Hills Project, located in\n \n Wyoming\n \n , and a dominant portfolio of large high quality ISR projects throughout\n \n Wyoming\n \n and\n \n New Mexico\n \n . The completion of the Arrangement is the second major acquisition by enCore within the past twelve months and represents a continuation of enCore's strategy to create the leading United States ISR uranium p...