Welcome to our dedicated page for Encore Energy news (Ticker: EU), a resource for investors and traders seeking the latest updates and insights on Encore Energy stock.
enCore Energy Corp. produces and develops uranium in the United States using in-situ recovery, or ISR, extraction. News about EU commonly covers operating results from South Texas uranium operations, sales and delivery of U3O8, wellfield efficiency, project development, and the company's portfolio of U.S. ISR uranium assets.
Recurring updates also address the Alta Mesa ISR Uranium Project, including its licensed central processing plant and wellfield work, the Dewey-Burdock Project permitting track, balance-sheet actions such as warrant exercises, board and executive changes, and corporate communications involving strategic uranium holdings.
enCore Energy (NASDAQ: EU, TSXV: EU) completed the first phase of construction at its Upper Spring Creek ISR uranium project's satellite ion exchange plant. The facility currently processes 1,600 gpm, or 50% of planned capacity, with 3,200 gpm targeted by end of July 2026.
Drilling for the first 800-gpm wellfield module is complete and infrastructure is nearly finished, with three additional 800-gpm modules underway. Initial operations are planned for late 2026, pending final permits, supplying uranium-loaded resin to the Rosita central processing plant.
enCore Energy (NASDAQ: EU, TSXV: EU) reported initial exploration drilling results from its 5,900-acre Alta Mesa East (AME) uranium project, adjacent to existing Alta Mesa ISR operations.
Uranium mineralization extends over 3,700 feet east, with 10 of 17 holes mineralized and six holes achieving Grade Thickness (GT) between 0.351 and 2.297, above the 0.3 GT threshold considered suitable for ISR wellfield inclusion.
enCore Energy (NASDAQ: EU) announced on April 20, 2026 that Richard H. Little has been appointed Chief Executive Officer and joined the board, effective immediately, and founder William M. Sheriff returns as Executive Chair.
The board outlined a corporate renewal program prioritizing cost management, permitting acceleration, asset development at Dewey Burdock and Alta Mesa East, enhanced shareholder communications, and pursuit of accretive M&A. A corporate update call is scheduled for April 23, 2026 at 11:00 AM ET.
enCore Energy (NASDAQ: EU) reported 2025 results with 699,807 pounds U3O8 extracted (up 242% YoY), sales deliveries of ~655,000 pounds at $65.89 per pound, a closing inventory of 132,013 pounds at $37.77/lb, net loss per share $(0.30), and $96 million total liquidity.
In February 2026 approximately 6.6 million warrants were exercised, raising ~$18.1 million; Upper Spring Creek and Dewey Burdock permitting and construction planning remain active with regulatory timelines driving next steps.
Verdera Energy (TSXV: V) appointed William M. Sheriff as Executive Chair and director effective March 2, 2026. Mr. Sheriff is a 40+ year minerals and securities entrepreneur and founder of enCore Energy (NASDAQ: EU), identified as Verdera's largest shareholder.
He has raised over $600 million in public markets and previously co-founded Energy Metals, sold for $1.8 billion.
enCore Energy (NASDAQ: EU, TSXV: EU) announced that founder William M. Sheriff is retiring as Executive Chair and director effective March 2, 2026.
Mr. Sheriff will remain a Senior Advisor on the Technical Advisory Committee and has accepted appointment as Executive Chair of Verdera Energy (TSXV: V). enCore expects to distribute Verdera common shares to enCore shareholders after Verdera's resale registration statement is effective and will set a record date prior to any distribution. enCore remains Verdera's largest shareholder. enCore and representatives, including Mr. Sheriff, are attending PDAC 2026 March 1–3, with an investor presentation on March 3 at 3:32 p.m. ET.
enCore Energy (NASDAQ:EU, TSXV:EU) expects to distribute 35,000,000 Verdera common shares to enCore shareholders after Verdera's resale registration statement is declared effective by the SEC and a record date is set.
Verdera closed a CAD$20,000,000 subscription receipt financing and is completing a business combination with POCML 7, with TSX-V trading expected on or about Feb 24, 2026, subject to listing requirements.
enCore Energy (NASDAQ:EU) appointed Wayne Heili to its Board of Directors effective December 1, 2025, and announced Dr. Dennis Stover will retire from the Board effective December 31, 2025.
Mr. Heili brings 35+ years in metallurgical engineering and uranium recovery and recently led Peninsula Energy to production at the Lance Project in 2025. Dr. Stover will continue as Chair of the Technical Advisory Committee. On December 1, 2025, Mr. Heili received an equity award of 25,000 RSUs (vesting over two years) and 100,000 stock options at US$2.73 (vesting over 24 months; 5-year expiry).
enCore Energy (NASDAQ: EU) reported results for the nine months ended September 30, 2025, highlighting operational growth at its South Texas ISR operations and progress on Dewey Burdock.
Key figures: 227,070 lb U3O8 extracted in Q3 (+11.4% QoQ); 480,000 lb delivered year-to-date at an average price of $64.13/lb; closing inventory 287,089 lb at $38.27/lb; Q3 net loss per share $(0.03); cash and equivalents $100.3M and working capital $119.7M. Dewey Burdock was added to the federal FAST-41 program and the company will work with the NRC on permitting.
enCore Energy (NASDAQ: EU) announced discovery of multiple new uranium mineralized roll fronts at the Alta Mesa ISR Uranium Project on Oct 15, 2025 following a re-analysis of historic drill holes begun April 2025.
Key highlights: roll fronts in at least three areas, one advanced to permitting as Wellfield 3 Extension, two new roll fronts overlying Wellfield 4 each >2,500 ft, and shallow mineralization at 320–345 ft (~200 ft above prior targets) that may reduce drilling and extraction costs.