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Stock impact report

enCore Energy Increases Investment in Nuclear Fuels Inc. [Yahoo! Finance]

enCore Energy Corp. (EU) 
Company Research Source: Yahoo! Finance
DALLAS Nov. 25, 2024 /CNW/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the " Company " or " enCore "), reports today the acquisition of 5,200,000 Units of Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) ("Nuclear Fuels") at a price of per Unit for the aggregate purchase price of pursuant to a 'bought deal' private placement as previously announced ( NF NR dated November 5/24 ) and completed by Nuclear Fuels on November 20, 2024 (the "Offering"). Following the Offering, enCore now holds 16,690,543 common shares of Nuclear Fuels representing approximately 17.05% of the issued and outstanding common shares of Nuclear Fuels on an undiluted basis, and up to 19.9% on a partially diluted basis including shares underlying warrants available for exercise. enCore acquired the securities of Nuclear Fuels for investment purposes, and may, depending on market and other conditions, increase or decrease its beneficial ownership of Nuclear Fuels' securities, whether in the open market, by privately Show less Read more
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