enCore Energy Corp. (NASDAQ: EU|TSXV: EU) (the “
Company” or “
enCore”), America’s Clean Energy Company™ and a uranium producer, announced today the appointment of Ms. Shona Wilson as Chief Financial Officer.
Paul Goranson, Chief Executive Officer, stated: “On behalf of the entire enCore Energy team, it is a great pleasure to welcome Ms. Wilson.
Ms. Wilson joins enCore at a time of continuing growth and her significant expertise in integrating companies and managing risk is a valuable addition to our strong organization.
We also want to thank Dr. Dennis Stover for his assistance as Interim Chief Financial Officer during the transition.”
Ms. Shona Wilson, Chief Financial Officer
With a distinguished career spanning over two decades in finance and operations within the energy sector, Ms. Wilson has demonstrated exceptional proficiency in steering financial strategies, negotiating contracts, and integrating assets.
As the Chief Financial Officer at kWantix since February 2021, Ms. Wilson played a pivotal role in leading the company through the energy transition, managing an array of functions including finance, treasury and risk management.
Her leadership in contract negotiations an d establishing effective risk management practices enhanced board and investor confidence.
Ms. Wilson’s strategic approach to optimizing costs and her development of a comprehensive finance strategy underscore her commitment to operational excellence and financial integrity.
Ms. Wilson also previously served as Senior Director at Platts / S&P Global, where she was instrumental in expanding the company’s market share in both the oil and products sectors through innovative product development, and enhanced customer engagement strategies.
Her tenure at Citigroup as Finance Director of North America saw her implementing SEC and management reporting systems, underscoring her expertise in regulatory compliance and implementing procedures for risk management.
As Controller for Lodi Natural Gas Storage and Buckeye Energy Services at Buckeye Partners, Ms. Wilson advised strategic transactions and improvements to financial operations.
Ms. Wilson began her career at PricewaterhouseCoopers, specializing in audits and SEC filings for public energy companies. She holds a Bachelor of Arts (BA) in Accountancy from Oregon State University.
In conjunction with this appointment, the Company granted Ms. Wilson 125,000 common shares in the capital of the Company at a price of $5.99 CDN per share for a five-year period, in accordance with its Stock Option Plan.
Vesting will occur over a period of twenty-four months, with an initial 25% of the Options vesting six months following the date of grant, followed by an additional 25% of the Options every six months thereafter until fully vested.
About enCore Energy Corp.
enCore Energy Corp., America’s Clean Energy Company™, is committed to providing clean, reliable, and affordable domestic nuclear energy as the newest uranium producer in the United States.
Uranium production commenced at enCore’s licensed and past-producing South Texas Rosita Central Processing Plant (“CPP”) in November 2023 with work underway for a planned 2024 restart of uranium production at its licensed and past-producing South Texas Alta Mesa CPP.
enCore solely utilizes In-Situ Recovery (“ISR”) for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy.
In-Situ Recovery extracts uranium in a non-invasive process using natural groundwater and oxygen, coupled with a proven ion exchange process, to recover the uranium.
The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle.
Future projects in enCore’s production pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming, along with significant uranium resource endowments in New Mexico providing long term opportunities.
enCore diligently works to realize value from other owned assets, including our proprietary uranium database that includes technical information from many past producing companies, from our various non-core assets, and by leveraging our ISR expertise in researching opportunities that support the use of this technology as applied to other metals.
enCore is also committed to working with local communities and indigenous governments to create positive impact from corporate developments.
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