The Company is led by a team of industry experts with extensive knowledge and experience in the development and operations of in situ recovery uranium operations. domestic uranium developer focused on becoming a leading in-situ recovery (ISR) uranium producer. UG USA, Inc., a subsidiary of Orano, is an international uranium trading company.ĮnCore Energy Corp. enCore successfully terminated this legacy agreement and committed to a mutually agreed cancellation fee. that was structured for market conditions in 2006. uranium assets from enCore acquired a legacy uranium sales agreement with UG USA, Inc. Within the acquisition of the Westwater Resources Inc. We truly appreciate our relationship with UG USA and are excited to execute our first uranium sales agreement as enCore fulfills its strategy to become America's newest ISR uranium producer." The Agreement also allows us to leverage to what we expect will be a significantly improved uranium market. The uranium sales agreement, immediately secures a customer for a portion of our expected production. Paul Goranson, enCore Energy Chief Executive Officer said, "We recently provided an update on our South Texas Production Facilities that outlined our production strategy. ![]() The 5-year Agreement covers 2 million pounds U 3O 8 of produced uranium with significant delivery flexibility for market related pricing. (TSXV: EU) (OTCQB: ENCUF) (the " Company") is pleased to announce, as stated in the Company's objective to advance its South Texas uranium facilities towards production, enCore has executed a uranium purchase and sales agreement ("Agreement") with UG USA, Inc. ![]() ![]() 4, 2021 /PRNewswire/ - enCore Energy Corp.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |