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ENCORE ENERGY ANNOUNCES SHARE CONSOLIDATION IN CONNECTION WITH PROPOSED LISTING ON NASDAQ
ENCORE ENERGY ANNOUNCES SHARE CONSOLIDATION IN CONNECTION WITH PROPOSED LISTING ON NASDAQ...
About this update from Encore Energy Corp.
[{"type":"text","content":"\n \n \n \n ENCORE ENERGY ANNOUNCES SHARE CONSOLIDATION IN CONNECTION WITH PROPOSED LISTING ON NASDAQ\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.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TSX.V: EU\n \n \n \n OTCQB:ENCUF\n \n \n \n \n www.encoreuranium.com\n \n \n \n \n \n \n CORPUS CHRISTI, Texas\n \n \n ,\n \n \n Sept. 12, 2022\n \n \n /CNW/ -\n \n enCore Energy Corp.\n \n (\"\n \n enCore\n \n \" or the \"\n \n Company\n \n \") (TSXV: EU) (OTCQB: ENCUF) today announced that in connection with the application to list its common shares on The Nasdaq Stock Market LLC (\"Nasdaq\"), it will consolidate its common shares on a one (1) post-consolidation share for every three (3) current shares basis (the \"Share Consolidation\"). The common shares will trade on the TSX Venture Exchange on a post-consolidated basis effective at the open of markets on\n \n September 14, 2022\n \n .\n \n \n \n \n \n \n \n \n \n Highlights include:\n \n \n \n Uplisting from OTC to Nasdaq provides growth-oriented companies greater exposure to the largest capital market in the world;\n \n \n \n \n The resulting smaller share count and higher share price is more palatable to U.S. institutional investors. The revised capital structure and resulting higher share price may provide increased ability for U.S. institutional investors to become shareholders of enCore;\n \n \n \n \n Target date of\n \n September 14, 2022\n \n for share consolidation noting the Company is actively working to complete the Nasdaq listing.\n \n \n \n \n enCore's Executive Chairman\n \n William M. Sheriff\n \n \n said, \"The decision to list on the Nasdaq will provide enCore with greater visibility through a leading capital market trading platform that is suited for growth-oriented companies like enCore. With the commissioning of the Rosita Uranium Processing Plan...