enCore Energy Completes Distribution of Verdera Common Shares to its Shareholders
PR Newswire•01/10/2026•16:15 ET
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Key Highlights
- ➤35,000,000 Verdera (V) shares distributed as enCore (EU) special dividend
- ➤21,000,000 unrestricted Verdera shares distributed to enCore shareholders
- ➤7,000,000 Verdera shares restricted until November 20, 2026
- ➤7,000,000 Verdera shares restricted until February 20, 2027
- ➤enCore (EU) retains 15,029,332 Verdera (V) shares after distribution
Expert Statements
Rich Little, Chief Executive Officer of enCore
“Completing the Verdera distribution delivers on our commitment to put value directly in the hands of enCore shareholders”
Rich Little, Chief Executive Officer of enCore
“Verdera now has its own shareholder base and a dedicated team to advance its New Mexico assets, while enCore remains focused on our South Texas operations, South Dakota project, and U.S. project pipeline and retains exposure to Verdera's progress through our shareholding.”
Rich Little, Chief Executive Officer of enCore
“We congratulate the Verdera team on reaching this milestone and look forward to both companies contributing to a stronger domestic uranium supply for the United States.”
enCore Energy Completes Distribution of Verdera Common Shares to its Shareholders PR Newswire
DALLAS, Oct. 1, 2026 /PRNewswire/ -- enCore Energy Corp.(NASDAQ, TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company™, announces that it has completed the previously announced distribution of 35,000,000 common shares (the "Distribution Shares") of Verdera Energy Corp. (TSXV: V) (OTCQB: VUECF) ("Verdera") as a special dividend on September 30, 2026, to enCore shareholders of record on September 25, 2026.
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