enCore Energy Provides Support to the Navajo Nation Communities

VANCOUVER, British Columbia, June 04, 2020 (GLOBE NEWSWIRE) -- enCore Energy Corp. (TSX-V: EU) (OTCQB: ENCUF) (the "Company") reports that it has sourced and donated much needed medical supplies and personal protective equipment to several Navajo communities. The Company holds numerous projects within the traditional territory of the Navajo Nation, which has one of the highest incidents of coronavirus cases per capita in the United States.  Although the peak appears to have passed, fears persist for Native Americans where pre-existing health and living conditions make populations especially vulnerable to the pandemic. 

enCore Energy has provided medical supplies and personal protective equipment directly to medical and other facilities for the Navajo Nation including the:

• Navajoland Nursing Home, Chinle, Arizona
• Chinle Comprehensive Health Care Facility, Chinle, Arizona
• St. Paul Catholic Church in Crownpoint, New Mexico
• Crownpoint Health Care Facility, Crownpoint, New Mexico
• Churchrock Chapter, Churchrock, New Mexico
• Gallup Indian Medical Center, Gallup, New Mexico
• Northern Navajo Medical Center, Shiprock, New Mexico
• Navajo Police Headquarters, Windowrock, Arizona
• Utah Farm Bureau-Farmers Feeding Utah: Miracle Utah Navajo Nation

Our thoughts and prayers are with the communities and as we seek to do our part and encourage others to contribute and uphold social distancing guidelines to protect all Navajo Elders and citizens in this challenging time.

enCore wishes to acknowledge and thank Adela M. Duran of Santa Fe New Mexico, without whose dedicated assistance in coordinating many of these donations, our efforts would not have been possible.

About enCore Energy Corp.

enCore Energy Corp., with assets entirely in the United States, has a 100% interest, free of holding costs, in 115,000+ acres (46,400 ha) of private mineral rights in New Mexico, including the Crownpoint and Hosta Butte uranium deposits. These deposits contain an estimated Indicated Mineral

Resource of 26.6 million pounds of U3O8 at an average grade of 0.105% e U3O8⁽¹⁾. A portion of these resources are under NRC license. The Company also holds the Marquez project in New Mexico as well as the dominant land position in Arizona with additional other properties in Utah and Wyoming. The Company owns or has access to an extensive collection of proprietary North American and global uranium data including the Union Carbide, US Smelting and Refining, UV Industries, and Rancher’s Exploration databases in addition to a leading collection of geophysical data for the high-grade Northern Arizona Breccia Pipe District.

For additional information:
William M. Sheriff
Executive Chairman
972-333-2214
info@encoreenergycorp.com
www.encoreenergycorp.com 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain forward-looking statements within the meaning of applicable securities law including the anticipated completion of the transaction and acquisition of the Marquez, Nose Rock and other properties, and the potential advancement thereof. Forward- looking statements are statements that relate to future, not past, events. In this context, forward - looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. Estimates of mineral resources and reserves are also forward looking statements because they constitute projections regarding the amount of minerals that may be encountered in the future. All statements, other than statements of historical fact, included herein including, without limitation; statements about the terms and completion of the transaction are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the respective companies undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.