![]() Necessary cookies are absolutely essential for the website to function properly. Underhill, CPG, a Qualified Person as defined by National Instrument 43101 and Chief Geologist for the Company, has reviewed, verified and approved disclosure of the technical information contained in this news release. The Company also holds certain processing rights at the White Mesa Uranium Mill of Energy Fuels in Blanding, Utah.ĭr. has a 100% interest, with no holding costs, on 115,000+ acres (46,400 ha) of private mineral rights in New Mexico, including the Crownpoint and Hosta Butte uranium deposits. The proceeds of the Private Placement will be applied to enCore’s property portfolio and general working capital.ĮnCore Energy Corp. Both the Finder’s Warrants and the Finder’s Unit Warrants are subject to the Acceleration Provision.Īll securities issued pursuant to the private placement are subject to a four month hold period expiring on June 16, 2017. ![]() Each Finder Unit is comprised of one common share of enCore and onehalf of one common share purchase warrant (each whole such warrant, a “Finder’s Unit Warrant”), with each Finder’s Unit Warrant being exercisable into one common share of enCore for a period of three years from the original date of issuance of the Finder’s Warrant, at a price of $0.10 per share. In connection with the private placement, enCore will pay certain finders an aggregate cash commission of $108,640 and issue an aggregate of 1,516,667 warrants (the “Finder’s Warrants”), each exercisable for the purchase of one unit (a “Finder Unit”) of enCore for a period of three years at an exercise price of $0.06 per Finder Unit.
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