enCore Energy Corp. Sells Shares of Anfield Energy
In a significant move for shareholders and the energy market, enCore Energy Corp. has disclosed the sale of 170 million shares of Anfield Energy Inc. in a private agreement priced at $0.115 per share, garnering proceeds of approximately CAD 19.55 million. This action, announced on June 20, 2025, marks a pivotal point for enCore Energy, reflecting a 14.73% reduction in their stake in Anfield on an undiluted basis.
Following this transaction, enCore Energy no longer holds any common shares in Anfield, representing an overall decrease of about 16.02% since their last early warning report on January 15, 2024. These adjustments in ownership may have broader implications for investors and industry analysts, as enCore clarifies its strategy and future holdings.
Based in Dallas, Texas, enCore Energy is renowned for being America’s Clean Energy Company™. It focuses on providing sustainable and affordable nuclear energy through its strategic uranium operations. The company's unique position as the only U.S.-based uranium firm with operational processing plants underscores its commitment to the nuclear fuel cycle and responsive market engagements.
Additionally, enCore’s decision to liquidate a major portion of its holdings in Anfield reflects strategic business considerations influenced by market conditions and ongoing investment opportunities. The flexibility to adjust shareholdings allows enCore to navigate the dynamic landscape of energy needs while keeping its mission of clean energy at the forefront.
Looking ahead, enCore Energy has expressed intentions to reassess and possibly increase its stake in Anfield or other similar ventures, contingent on favorable market factors and investment prospects. The company plans to keep investors informed of such moves, adhering to National Instrument 62-103 regulations, which dictate early warning disclosures in the Canadian securities market.
The impact of this decision resonates beyond enCore Energy, as shareholders monitor the fluctuations while assessing the wider implications for Anfield. EnCore Energy's proactive engagement with local communities and indigenous governments also remains a critical aspect of its operations, as they seek to create positive outcomes from their corporate developments.
To manage the nuances of this transition effectively, enCore Energy’s leadership consists of seasoned professionals with extensive knowledge in uranium operations and energy markets. This expertise ensures that even as ownership structures shift, the core values and operational integrity of enCore Energy endure, continuing to position itself as a leader in the clean energy sector.
For more information on enCore Energy, the early warning report will be filed with applicable securities commissions and made available on
www.sedarplus.ca. Those interested can also contact Robert Willette, Acting Chief Executive Officer at enCore.
In conclusion, this strategic share disposition illustrates enCore Energy's commitment to adaptability within the evolving energy market while maintaining focus on its foundational goal: delivering clean, reliable, and sustainable energy solutions.