#United States #Dallas #enCore Energy #Nathan Tewalt #Uranium Industry

enCore Energy Welcomes Nathan Tewalt Back to the Board

enCore Energy Corp., widely recognized as America’s Clean Energy Company™, has recently announced a significant addition to its leadership team. Nathan Tewalt has been appointed as a Director of the Board at enCore Energy Corp. Tewalt’s return comes at a pivotal moment for the company, particularly as it aims to accelerate its growth and enhance its strategic initiatives in the uranium extraction industry.

Nathan Tewalt: A Seasoned Leader

Nathan Tewalt is no stranger to enCore Energy, having previously served as a board member from 2017 to 2022. His extensive background in the mineral extraction sector, particularly in uranium, precious metals, and base metals, positions him as a valuable asset to the board. With over 40 years of professional experience as an economic geologist, Tewalt's expertise is well-respected in the industry.

In his prior roles, Tewalt held executive leadership positions, including serving as the Chief Executive Officer and President of Standard Uranium Inc. Here, he played a crucial role in acquiring key projects, such as the Hobson In-Situ Recovery Central Processing Plant located in Texas, which propelled the company into a significant acquisition by Energy Metals Corp. This transaction later evolved into a major acquisition by Uranium One, valued at an impressive $1.8 billion.

Strengthening enCore’s Leadership

William M. Sheriff, the Executive Chairman of enCore Energy, expressed gratitude for Tewalt's return. He emphasized that Tewalt's leadership during the company’s initial growth phases, along with his continued advisory role until mid-2023, has equipped him with an in-depth understanding of both the uranium sector and enCore's operational dynamics.

Sheriff remarked, "Nate not only possesses strong knowledge of the uranium sector, but also has a complete understanding of our company's operations. His valuable experience and insight will further guide and refine enCore's trajectory, making us a formidable player in the uranium extraction market."

enCore's Commitment to Clean Energy

As America’s Clean Energy Company™, enCore Energy is dedicated to providing clean, affordable fuel for nuclear energy. It stands out as the only U.S.-based uranium company with multiple Central Processing Plants currently in operation. Utilizing the In-Situ Recovery (ISR) method for uranium extraction, enCore is at the forefront of employing innovative, environmentally responsible technologies developed by its expert team.

The company has recently showcased strong operational performance in South Texas and has ambitious plans for future projects, including the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming. Alongside these, enCore also manages various non-core assets and proprietary databases, demonstrating its comprehensive approach to growth in the uranium sector.

Community Engagement and Future Aspirations

In addition to its operational endeavors, enCore Energy is committed to positively impacting local communities and indigenous governments affected by its activities. Understanding the social dynamics surrounding mineral extraction, the company aims to foster collaboration and support initiatives that benefit all stakeholders involved.

As enCore Energy embarks on this next phase of growth, the appointment of Nathan Tewalt to its Board of Directors underscores its strategic vision towards becoming a leader in the uranium extraction industry. With Tewalt's return, enCore is set to navigate the evolving landscape of the energy sector with renewed confidence and leadership.

For more information about enCore Energy and its initiatives, visit www.encoreuranium.com.