NYSE American:EU
TSXV:EU
DALLAS, June 29,
2023 /CNW/ - enCore Energy Corp.
("enCore" or the "Company") (NYSE American: EU)
(TSXV: EU) announced today that Mr. Dain
McCoig has been appointed as the Director of Technical
Services effective immediately. Mr. McCoig brings over 15 years of
experience at enCore's South Texas
plants where he was focused on uranium extraction and In-Situ
Recovery (ISR) processing. Mr. McCoig is responsible for
engineering and technical support on all projects within the
Company's production pipeline.
Mr. Dain McCoig, PE Director of Technical
Services
Mr. McCoig began his career in 2004 as the Plant
Engineer for Uranium Resources Inc. (URI) at the Kingsville Dome
ISR Uranium Central Processing Plant (CPP) in South Texas, now owned by enCore Energy. As
URI's Plant Superintendent, Senior Engineer, Manager of Operations
and Vice President, Operations, Mr. McCoig worked on URI's
South Texas and New Mexico projects. He was involved in all
aspects of the uranium extraction process, including design,
construction, operations and reclamation. Mr. McCoig oversaw
the startup of the Rosita CPP (now owned by enCore Energy), the
Kingsville CPP and the Vasquez project. He most recently served as
Vice President of Operations during the construction of a graphite
facility in Alabama before
returning to the uranium extraction industry. Mr. McCoig has a BSc
in engineering from the Colorado School of
Mines and is a licensed professional engineer in the state
of Texas.
Paul Goranson, Chief Executive
Officer, stated: "I am pleased to work with Dain again, a welcome
addition to the strong technical team at enCore. His
knowledge and previous experience at our processing plants is
invaluable. An experienced team is our best asset as we
simultaneously push the Rosita CPP and Alta Mesa CPP back into
production."
South Dakota Mineral Industries Association
enCore
congratulates Mr. Jon Winter,
enCore's Permitting and Regulatory Affairs Manager, recently
appointed as a Director of the Board of the South Dakota Mineral
Industries Association (SDMIS). Find out more about the SDMIA here:
https://sdmineralindustries.org/
About enCore Energy Corp.
enCore Energy Corp.,
America's Clean Energy Company™, is committed to providing clean,
reliable, and affordable domestic nuclear energy by becoming the
next United States uranium
producer in 2023. enCore solely utilizes In-Situ Recovery (ISR) for
uranium extraction, a well-known and proven technology co-developed
by the leaders at enCore Energy. In-Situ Recovery extracts uranium
in a non-invasive process using 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.
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. 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.
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. enCore is also committed to working with local
communities and indigenous governments to create positive impact
from corporate developments.
Neither the NYSE American nor the TSX Venture Exchange or its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements:
Certain information contained in this news release, including any
statements regarding future expectations, beliefs, goals or
prospects, may constitute "forward-looking information" within the
meaning of applicable Canadian securities laws and "forward-looking
statements" within the meaning of the United States Securities Act
of 1933, as amended, and the United States Securities Exchange Act
of 1934, as amended (collectively, "forward-looking statements").
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.
All such forward-looking statements are subject to important risk
factors and uncertainties, many of which are beyond the company's
ability to control or predict. Forward-looking statements
necessarily involve known and unknown risks, including, without
limitation, risks associated with general economic conditions;
adverse industry events; future legislative and regulatory
developments; the ability of enCore to implement its business
strategies; and other risks. A number of important factors could
cause actual results or events to differ materially from those
indicated or implied by such forward-looking statements, including
without limitation exploration and development risks, changes in
commodity prices, access to skilled mining personnel, the results
of exploration and development activities; production risks;
uninsured risks; regulatory risks; defects in title; the
availability of materials and equipment, timeliness of government
approvals and unanticipated environmental impacts on operations;
risks posed by the economic and political environments in which the
Company operates and intends to operate; increased competition;
assumptions regarding market trends and the expected demand and
desires for the Company's products and proposed products; reliance
on industry equipment manufacturers, suppliers and others; the
failure to adequately protect intellectual property; the failure to
adequately manage future growth; adverse market conditions, the
failure to satisfy ongoing regulatory requirements and factors
relating to forward looking statements listed above which include
risks as disclosed in the Company's annual information form
filings. Should one or more of these risks materialize, or should
assumptions underlying the forward-looking statements prove
incorrect, actual results may vary materially from those described
herein as intended, planned, anticipated, believed, estimated or
expected. The Company assumes no obligation to update the
information in this communication, except as required by law.
Additional information identifying risks and uncertainties is
contained in filings by the Company with the various securities
commissions which are available online at www.sec.gov and
www.sedar.com. Forward-looking statements are provided for the
purpose of providing information about the current expectations,
beliefs and plans of management. Such statements may not be
appropriate for other purposes and readers should not place undue
reliance on these forward-looking statements, that speak only as of
the date hereof, as there can be no assurance that the plans,
intentions or expectations upon which they are based will occur.
Such information, although considered reasonable by management at
the time of preparation, may prove to be incorrect and actual
results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement.
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SOURCE enCore Energy Corp.
