enCore Energy Corp. announced on June 20, 2025, that it has disposed of 170,000,000 common shares in Anfield Energy Inc. The shares were sold in a private agreement at a price of $0.115 per share, resulting in aggregate proceeds of $19,550,000 (Canadian dollars).
Immediately following this disposition, enCore no longer holds or controls any common shares of Anfield Energy Inc. This transaction represents a 14.73% decrease in enCore's ownership or control over Anfield's outstanding common shares on an undiluted basis.
The sale of these shares allows enCore to monetize a non-core asset, enhancing its financial flexibility and enabling a greater focus on its primary uranium production and development pipeline in the United States.
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