enCore Energy Enters Definitive Agreement For Sale Of The Marquez-Juan Tafoya Uranium Project In Exchange For C$5 In Cash And 185M Common hares
Portfolio Pulse from Benzinga Newsdesk
enCore Energy has entered a definitive agreement to sell the Marquez-Juan Tafoya Uranium Project for C$5 in cash and 185 million common shares. The deal is expected to close in Q1 2023.

June 06, 2023 | 11:09 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
enCore Energy (EU) sells Marquez-Juan Tafoya Uranium Project for C$5 cash and 185M common shares, with the deal expected to close in Q1 2023.
The sale of the Marquez-Juan Tafoya Uranium Project will provide enCore Energy with cash and additional shares. However, the short-term impact on the stock price is uncertain as the deal is expected to close in Q1 2023. The news is highly relevant to EU as it directly involves the company's assets, and it is of moderate importance to investors as it concerns a significant project sale.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100