![]() ![]() Securities Act and all applicable state securities laws or compliance with the requirements of an applicable exemption therefrom. state securities laws, and may not be offered or sold in the United States without registration under the U.S. The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. The Offering is expected to close on or about Maand is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the “Exchange”). The Units will be offered by way of a short form prospectus to be filed in each of the provinces of Canada, other than the Province of Quebec, by way of a private placement in the United States, and in those jurisdictions outside of Canada and the United States which are agreed to by the Company and the Underwriters, where the Common Shares can be issued on a private placement basis, exempt from any prospectus, registration or other similar requirements. The Company intends to use the net proceeds from the Offering for general corporate and working capital purposes. The aggregate gross proceeds of the Offering if the Over-allotment Option is exercised in full shall be $29,999,998.30. The Underwriters shall be under no obligation whatsoever to exercise the Over-allotment Option in whole or in part. Pursuant to the upsized deal terms, the Underwriters have agreed to purchase, on a “bought-deal” basis, 16,339,869 Units at the Issue Price for aggregate gross proceeds of up to C$24,999,999.60 In addition, the Company will also grant the Underwriter an option (the “Over-allotment Option”) to purchase an additional 3,267,973 Units, exercisable in whole or in part, for a period of 30 days from and including the Closing Date to cover over-allotments, if any, and for market stabilization purposes. ![]() (collectively, the “Underwriters”), to increase the size of its previously announced “bought-deal” offering of 9,804,000 units (the “Units”) in the capital of the Company, at a price of $1.53 per unit (the “Issue Price”) for aggregate gross proceeds of $15,000,120 (the “Offering”). (“Clarus”), on behalf of a syndicate of underwriters including PI Financial Corp. (“enCore” or the “Company”) (TSXV: EU) is pleased to announce today that, due to strong demand, it has agreed with Clarus Securities Inc. NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES ORĬORPUS CRISTI, Texas, Ma(GLOBE NEWSWIRE) - enCore Energy Corp. ![]()
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