enCore Energy Expects to Distribute Verdera Common Shares After Resale Registration Statement Becomes Effective

Reuters02-18

enCore Energy Expects to Distribute Verdera Common Shares After Resale Registration Statement Becomes Effective

enCore Energy Corp. said it expects to distribute common shares of Verdera Energy Corp. to enCore shareholders after Verdera’s resale registration statement is declared effective by the U.S. SEC, and that it will announce a record date before any distribution. Under a March 17, 2025 share purchase agreement, enCore received 50,000,000 non-voting preferred shares of Verdera, and under an April 4, 2025 side letter enCore agreed—subject to conditions including the effectiveness of Verdera’s resale registration statement—to convert 35,000,000 of those shares into Verdera common shares for distribution. The company noted Verdera expects to file the resale registration statement promptly and that it would become effective following the SEC’s standard review and comment process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. enCore Energy Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602180700PR_NEWS_USPR_____VA90283) on February 18, 2026, and is solely responsible for the information contained therein.

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