


All statements in this news release that are not statements of historical fact (including statements containing the words "expects", "is expected", "does not expect", "plans", "anticipates", "does not anticipate", "believes", "intends", "estimates", "projects", "potential", "scheduled", "forecast", "budget" and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken) should be considered forward-looking statements. enCore is also committed to working with local communities and indigenous governments to create positive impact from corporate developments.Ĭautionary Note Regarding Forward-Looking Statements: Certain information contained in this news release, including: any information relating to the Company being a leading uranium company and any other statements regarding future expectations, beliefs, goals or prospects may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation (collectively, "forward-looking statements").

enCore diligently works to realize value from other owned assets, including our proprietary uranium database that includes technical information from many past producing companies, from our various non-core assets, and by leveraging our ISR expertise in researching opportunities that support the use of this technology as applied to other metals. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle. Future projects in enCore's production pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming, along with significant uranium resource endowments in New Mexico providing long-term opportunities. In-Situ Recovery extracts uranium in a non-invasive process through the use of natural groundwater and oxygen, coupled with a proven ion exchange process, to recover the uranium. Uranium production is planned at enCore's licensed and past-producing South Texas Rosita Processing Plant in 2023, and at its licensed and past-producing South Texas Alta Mesa Processing Plant in 2024. enCore solely utilizes In-Situ Recovery (ISR) for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy. is committed to providing clean, reliable, and affordable domestic nuclear energy by becoming the next United States uranium producer in 2023. "While we are taking steps to get us through the immediate crisis, this reinforces the need for urgent action to end our dependence on fossil fuels that are destroying our climate and making these heat waves hotter and more common.EnCore Energy Corp. The current heat wave "is just the latest reminder of how real the climate crisis is, and how it is impacting the everyday lives of Californians," Newsom said in a statement. Wildfires can also trip off transmission lines, limiting the flow of electricity. Energy Information Administration had forecast that California could lose half its normal hydroelectric generation this summer due to drought. Prolonged drought and wildfires, which are becoming more prevalent and severe due to climate change, can also cut into power supplies. If it's over a populated area, it could have more effect of reducing demand, where if the smoke and cloud cover is over the solar fields, it can have an effect on the availability of supply," Mark Rothleder, the ISO's senior vice president and chief operating officer, told reporters during a press briefing Thursday.

"We've seen situations where smoke and cloud cover can have an effect.
