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enCore Energy Education Society and Texas A&M University-Kingsville Establish the Dr. Dennis Stover Fellowship; Investing in the Next Generation

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enCore Energy (NASDAQ: EU) has announced the establishment of the Dr. Dennis Stover Fellowship at Texas A&M University-Kingsville (TAMUK) through the enCore Energy Education Society. The fellowship, supported by an initial $120,000 endowment, will provide financial assistance to outstanding graduate students pursuing a master's degree in chemical engineering.

The fellowship honors Dr. Dennis Stover, a Director of enCore Energy and pioneer in In-Situ Recovery (ISR) uranium extraction technology. Dr. Stover's five-decade career began in South Texas with the first commercial ISR operation at Clay West uranium project in 1975, and he currently leads advancement efforts at enCore's Alta Mesa Project.

The merit-based fellowship, funded by enCore Energy Corp, Boss Energy , and supporting companies, aims to support students showing academic excellence and commitment to advancing engineering and nuclear technologies.

enCore Energy (NASDAQ: EU) ha annunciato l'istituzione della Fellowship Dr. Dennis Stover presso la Texas A&M University-Kingsville (TAMUK) attraverso la enCore Energy Education Society. La fellowship, sostenuta da un endowment iniziale di $120,000, fornirà assistenza finanziaria a studenti laureati eccezionali che perseguono un master in ingegneria chimica.

La fellowship onora il Dr. Dennis Stover, Direttore di enCore Energy e pioniere nella tecnologia di estrazione dell'uranio tramite In-Situ Recovery (ISR). La carriera cinquantennale del Dr. Stover è iniziata nel Sud Texas con la prima operazione commerciale di ISR presso il progetto di uranio Clay West nel 1975, e attualmente guida gli sforzi di avanzamento presso il progetto Alta Mesa di enCore.

La fellowship, basata sul merito e finanziata da enCore Energy Corp, Boss Energy e aziende sostenitrici, mira a supportare studenti che dimostrano eccellenza accademica e impegno nell'avanzamento delle tecnologie ingegneristiche e nucleari.

enCore Energy (NASDAQ: EU) ha anunciado el establecimiento de la Beca Dr. Dennis Stover en la Universidad Texas A&M-Kingsville (TAMUK) a través de la enCore Energy Education Society. La beca, respaldada por un fondo inicial de $120,000, proporcionará asistencia financiera a estudiantes de posgrado destacados que persiguen un máster en ingeniería química.

La beca honra al Dr. Dennis Stover, Director de enCore Energy y pionero en la tecnología de extracción de uranio mediante In-Situ Recovery (ISR). La carrera de cinco décadas del Dr. Stover comenzó en el Sur de Texas con la primera operación comercial de ISR en el proyecto de uranio Clay West en 1975, y actualmente lidera los esfuerzos de avance en el Proyecto Alta Mesa de enCore.

La beca, basada en méritos y financiada por enCore Energy Corp, Boss Energy y empresas patrocinadoras, tiene como objetivo apoyar a estudiantes que demuestran excelencia académica y compromiso con el avance de las tecnologías de ingeniería y nucleares.

enCore Energy (NASDAQ: EU)는 enCore Energy Education Society를 통해 Texas A&M University-Kingsville (TAMUK)에서 Dr. Dennis Stover 장학금을 설립했다고 발표했습니다. 이 장학금은 $120,000의 초기 기금으로 지원되며, 화학 공학 석사 학위를 추구하는 우수한 대학원생들에게 재정 지원을 제공합니다.

이 장학금은 enCore Energy의 이사이자 In-Situ Recovery (ISR) 우라늄 추출 기술의 선구자인 Dr. Dennis Stover를 기립니다. Stover 박사의 50년 경력은 1975년 Clay West 우라늄 프로젝트에서 첫 상업적 ISR 운영을 시작으로 남부 텍사스에서 시작되었으며, 현재 enCore의 Alta Mesa 프로젝트에서 발전 노력을 이끌고 있습니다.

이 장학금은 enCore Energy Corp, Boss Energy 및 지원 기업들에 의해 자금 지원되며, 학업 우수성과 엔지니어링 및 원자력 기술 향상에 대한 헌신을 보이는 학생들을 지원하는 것을 목표로 합니다.

enCore Energy (NASDAQ: EU) a annoncé l'établissement de la Bourse Dr. Dennis Stover à l'Université Texas A&M-Kingsville (TAMUK) par le biais de la enCore Energy Education Society. La bourse, soutenue par une dotation initiale de 120 000 $, fournira une aide financière à des étudiants diplômés exceptionnels poursuivant un master en ingénierie chimique.

La bourse honore le Dr. Dennis Stover, directeur d'enCore Energy et pionnier de la technologie d'extraction d'uranium par In-Situ Recovery (ISR). La carrière de cinq décennies du Dr. Stover a commencé dans le sud du Texas avec la première opération commerciale d'ISR au projet d'uranium Clay West en 1975, et il dirige actuellement les efforts de développement du projet Alta Mesa d'enCore.

La bourse, basée sur le mérite et financée par enCore Energy Corp, Boss Energy et des entreprises soutenantes, vise à soutenir les étudiants montrant une excellence académique et un engagement envers l'avancement des technologies d'ingénierie et nucléaires.

enCore Energy (NASDAQ: EU) hat die Einrichtung des Dr. Dennis Stover Stipendiums an der Texas A&M University-Kingsville (TAMUK) durch die enCore Energy Education Society angekündigt. Das Stipendium, unterstützt durch ein anfängliches Stiftungsvermögen von $120,000, wird herausragenden Graduierten, die einen Masterabschluss in Chemieingenieurwesen anstreben, finanzielle Unterstützung bieten.

Das Stipendium ehrt Dr. Dennis Stover, einen Direktor von enCore Energy und Pionier der In-Situ Recovery (ISR) Uranextraktionstechnologie. Dr. Stovers fünf Jahrzehnte währende Karriere begann 1975 in Südtexas mit dem ersten kommerziellen ISR-Betrieb im Clay West Uranprojekt, und er leitet derzeit die Fortschrittsbemühungen am Alta Mesa Projekt von enCore.

Das leistungsbasierte Stipendium, finanziert von enCore Energy Corp, Boss Energy und unterstützenden Unternehmen, zielt darauf ab, Studenten zu unterstützen, die akademische Exzellenz und Engagement für den Fortschritt von Ingenieur- und Nukleartechnologien zeigen.

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www.encoreuranium.com

DALLAS, April 3, 2025 /PRNewswire/ - enCore Energy (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), is proud to announce the establishment of the Dr. Dennis Stover Fellowship at Texas A&M University-Kingsville (TAMUK) through the enCore Energy Education Society. This new fellowship honors Dennis Stover, PhD, a Director of enCore Energy and a pioneering developer of In-Situ Recovery (ISR) uranium extraction technology, a process that remains essential to the nuclear industry today. In recognition of his contributions, the enCore Energy Education Society has partnered with TAMUK's Frank H. Dotterweich College of Engineering and the Wayne H. King Department of Chemical and Natural Gas Engineering to provide financial support for outstanding graduate students pursuing a master's degree in chemical engineering.

Dr. Dennis Stover's continuing five-decade career in uranium extraction and nuclear energy has helped shape the industry, advancing safe and sustainable fuel solutions. His professional journey in nuclear engineering began in South Texas, home to the first commercial ISR operation in the United States at the Clay West uranium project in 1975. His work continues to this day as he leads the advancement and improved efficiencies of wellfield development and plant operations at enCore's Alta Mesa Project. While his work has spanned multiple states and countries, South Texas has remained the foundation of his hands-on experience and lasting professional relationships. Dr. Stover has long recognized Texas A&M University–Kingsville as a leading educational force in the uranium industry—not only in South Texas, but across the nation. Its engineering and geologic graduates have made significant contributions to the success of ISR uranium projects, and their impact continues to shape the future of clean energy.

Dr. Dennis Stover, Director of enCore Energy, stated: "I am honored that enCore Energy and the enCore Energy Education Society have chosen to support students at Texas A&M University-Kingsville, where so many talented engineers have begun their journeys. Education is the foundation of innovation, and I hope this fellowship will inspire and empower future generations of engineers to advance nuclear technology, just as I was once inspired. Investing in young minds is investing in the future of clean energy, and I am grateful to play a role in that legacy."

Dr. James Palmer, Provost and Senior Vice President for Academic Affairs at TAMUK, stated: "Recruiting and retaining outstanding graduate students is essential to the continued growth and success of our Chemical Engineering program. The generosity of Dr. Dennis Stover's friends and family in establishing this endowment will provide exceptional opportunities for our master's students, empowering them to excel in their studies and research. This gift not only honors Dr. Stover's continuing legacy but also reinforces the strength and future of the chemical engineering program for generations to come." 

The Dr. Dennis Stover Fellowship is a merit-based fellowship designed to support students demonstrating academic excellence, leadership potential, and a commitment to advancing engineering and nuclear technologies. The Dr. Dennis Stover Fellowship is originally funded by an initial $120,000 endowment from the enCore Energy Education Society, which has received financial support from enCore Energy Corp, Boss Energy Ltd and supporting companies and colleagues.

About the enCore Energy Education Society
The enCore Education Society is a Texas corporation with a 501(3)(c) application pending with the IRS. The Society is focused on providing financial resources for high school, college and university students pursuing an education in trades and professions necessary for the In-Situ Recovery ("ISR") uranium extraction process providing the fuel for nuclear energy.

The enCore Energy Education Society and the TAMUK Foundation welcome contributions to support the Dr. Dennis Stover Fellowship. To make a donation directly to the fellowship, visit www.tamukfoundation.org and designate your gift to the Dr. Dennis Stover Fellowship or contact the enCore Energy Education Society, contact info@encore-education.org.

About enCore Energy Corp.
enCore Energy Corp., America's Clean Energy Company™, is committed to providing clean, reliable, and affordable fuel for nuclear energy as the only United States uranium company with multiple Central Processing Plants in operation. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of In-Situ Recovery ("ISR") uranium operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy.

Following upon enCore's demonstrated success in South Texas, future projects in enCore's planned project pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming. The Company holds other assets including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments.

www.encoreuranium.com

Cautionary Note Regarding Forward Looking Statements:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The securities referenced herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws that are based on management's current expectations, assumptions, and beliefs. Forward-looking statements can often be identified by such words as "expects", "plans", "believes", "intends", "continue", "potential", "remains", and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", or "will" be taken. Forward-looking statements and information that are not statements of historical fact include, but are not limited to, any information relating to statements regarding future or potential extraction, and any other statements regarding future expectations, beliefs, goals or prospects, statements regarding the success of current and future ISR operations, including projects in our pipeline, our accelerated wellfield development and uranium extraction plans, the ability to complete and expected timing of completion of permitting, the ability and timing of recruiting a new qualified chief executive officer should be considered forward looking statements. All such forward-looking statements are not guarantees of future results and forward-looking statements are subject to important risks and uncertainties, many of which are beyond the Company's ability to control or predict, that could cause actual results to differ materially from those expressed in any forward looking statement, including those described in greater detail in our filings with the SEC and on SEDAR+, particularly those described in our Annual Report on Form 10-K, annual information from and MD&A. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with assumptions regarding timing and schedule of the projects, 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 personnel, the results of exploration and development activities; extraction risks; uninsured risks; regulatory risks; defects in title; the availability of materials and equipment, timeliness of government approvals and unanticipated environmental impacts on operations; litigation risks; 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; adverse market conditions, the failure to satisfy ongoing regulatory requirements and factors relating to forward looking statements listed above. 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.sedarplus.ca. 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.

FAQ

What is the value of the Dr. Dennis Stover Fellowship endowment announced by enCore Energy (EU)?

The fellowship is funded by an initial $120,000 endowment from the enCore Energy Education Society.

Which university partners with enCore Energy (EU) for the Dr. Dennis Stover Fellowship?

Texas A&M University-Kingsville (TAMUK), specifically the Frank H. Dotterweich College of Engineering and Wayne H. King Department of Chemical and Natural Gas Engineering.

What is Dr. Dennis Stover's role in enCore Energy (EU) and his contribution to uranium extraction?

Dr. Stover is a Director of enCore Energy and pioneered In-Situ Recovery (ISR) uranium extraction technology, currently leading advancement efforts at enCore's Alta Mesa Project.

When did Dr. Stover begin his work with the first commercial ISR operation for enCore Energy (EU)?

Dr. Stover's work with ISR began in 1975 at the Clay West uranium project in South Texas, the first commercial ISR operation in the United States.
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