Mr. Robert Willette reports

ENCORE ENERGY CORP. APPOINTS MS. ASHLEY FORBES AS VICE PRESIDENT, PERMITTING AND REGULATORY AFFAIRS

EnCore Energy Corp. has appointed Ashley Forbes as vice-president, permitting and regulatory affairs, effective immediately.

Robert Willette, chief executive officer, stated: "We are very pleased to welcome Ashley to EnCore at such an important time for our company. Her deep regulatory expertise and proven leadership working with state and federal environmental and permitting authorities will be instrumental as we continue to advance our projects across multiple jurisdictions. Ms. Forbes's appointment coincides with the timely approval by the federal government to fast-track the federal permitting for the Dewey Burdock in situ recovery uranium project. Adding Ms. Forbes to the EnCore management team will strengthen our ability to efficiently progress our development pipeline."

Ashley Forbes, vice-president, permitting and regulatory affairs

Ms. Forbes previously served as the deputy director of the Texas Commission on Environmental Quality's radioactive materials division for the past seven years. In this role, Ms. Forbes directed the licensing of in situ recovery uranium extraction operations and radioactive waste facilities, as well as the permitting of underground injection control wells in Texas.

Ms. Forbes has over 25 years of experience as an environmental regulator, dedicated to protecting public health and natural resources. She has held numerous leadership roles throughout her career, including directing the work of health physicists, engineers, geoscientists and other environmental professionals in the radioactive materials division. Ms. Forbes also has experience leading the development of regulations for controlling industrial point source emissions for ozone reduction and overseeing the remediation of contaminated soil and groundwater at sites throughout Texas.

Ms. Forbes holds a bachelor of science in resource and environmental studies from Texas State University. She is also a graduate of both the University of Texas LBJ school governor's centre for management development program and the University of Texas Center for Professional Education's leadership program.

About EnCore Energy Corp.

EnCore, America's clean energy company, is committed to providing clean, reliable and affordable fuel for nuclear energy as the only U.S. uranium company with multiple central processing plants in operation. The EnCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle. EnCore solely utilizes ISR for uranium extraction, a proven technology co-developed by the leaders at EnCore Energy.

Following upon EnCore's demonstrated success in south Texas, future projects in EnCore's planned project pipeline include the Dewey Burdock project in South Dakota and the Gas Hills project in Wyoming. The company holds other assets including non-core assets and proprietary databases. EnCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments.

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