enCore Energy Establishes US$250M At-The-Market Program
enCore Energy Corp. has entered into a sales agreement with a syndicate led by Cantor Fitzgerald Canada Corporation and Cantor Fitzgerald & Co. to establish an at-the-market distribution program of up to US$250,000,000 in common shares.
Under the arrangement, common shares may be offered from time to time at prevailing market prices directly through the TSX Venture Exchange, The Nasdaq Capital Market, or other marketplaces in Canada and the United States. The distribution is being made pursuant to prospectus supplements filed in both jurisdictions on August 13, 2026.
enCore intends to direct the net proceeds from the program toward possible future acquisitions, other strategic growth opportunities, and general corporate purposes.
Following the appointment of Richard Little as Chief Executive Officer and William M. Sheriff as Executive Chair in April 2026, enCore initiated a corporate renewal program focused on operational efficiency and strategic growth.
The financing arrangement coincides with steady conditions in the uranium sector, where the commodity traded at $87.15 per pound over the 30-day period ending August 13, 2026, representing an increase of 1.81% from a prior price of $85.60.
Read the full announcement: enCore Energy Enters into Controlled Equity Offering Sales Agreement