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Verdera Energy Announces Completion of Share Distribution to enCore Energy Shareholders

PR Newswire•01/10/2026•16:15 ET
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Key Highlights

  • ➤35,000,000 Verdera shares distributed to enCore Energy (EU) shareholders
  • ➤21,000,000 unrestricted Verdera shares distributed at 0.108 per enCore share
  • ➤7,000,000 Verdera shares restricted until November 20, 2026
  • ➤7,000,000 Verdera shares restricted until February 20, 2027
  • ➤enCore Energy (EU) retained 29,332 Verdera shares across three share classes

Expert Statements

Janet Lee-Sheriff, Chief Executive Officer of Verdera Energy Corp.

“Completing this distribution is an important milestone for Verdera”

Janet Lee-Sheriff, Chief Executive Officer of Verdera Energy Corp.

“We are pleased to welcome enCore's shareholders to the Verdera register. With a broader shareholder base and a clear focus on advancing our ISR uranium assets in New Mexico, we look forward to building value for all of our shareholders, including our largest shareholder, enCore Energy, as the United States works to strengthen its domestic uranium supply.”

Verdera Energy Announces Completion of Share Distribution to enCore Energy Shareholders PR Newswire

VANCOUVER, BC, Oct. 1, 2026 /PRNewswire/ -- Verdera Energy Corp. (TSXV: V) (OTCQB: VUECF) ("Verdera" or the "Company") announces that enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) ("enCore") has completed the previously announced distribution of Verdera shares to enCore shareholders of record as of September 25, 2026. The distribution was completed on September 30, 2026.

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