TSX.V:
EU
OTCQB:ENCUF
www.encoreenergycorp.com
CORPUS CHRISTI, Texas,
July 26, 2021 /CNW/ - enCore
Energy Corp. (TSXV: EU) (OTCQB: ENCUF) (the "Company")
is pleased to advise that Group 11 Technologies Inc., a
private US-based company held 40%, pre-financing, by enCore Energy,
has completed a USD $1 million
financing with accredited investors. Proceeds will advance test
work to assess the amenability and recovery rates for gold
extraction through the combination of in situ recovery
technology and an environmentally friendly water-based
solution.
Register for Live Webcast – July 26,
2021
Management of GFG and Group 11 will host a
webcast on Monday, July 26, 2021, at
2:30 pm Eastern Standard Time
(11:30 am Pacific Standard Time) to
discuss Group 11's innovative technology and the upcoming programs.
To register please visit:
https://my.6ix.com/event/gfg-and-group11/
After registering, you will receive a confirmation email
containing details to access the webinar via conference call or
webcast. A replay of the webcast will be available following the
conclusion of the call.
About Group 11 Technologies Inc.
Group 11 is a
private US-based company committed to the development and
application of environmentally and socially responsible precious
metals mineral extraction. The combination of in-situ recovery
extraction (ISR) technology and environmentally friendly water
based chemistry to recover gold and other metals provides a
promising alternate solution to conventional open pit and
underground mineral extraction. The goal of advancing sustainable
extraction considers growing concerns surrounding water use and
discharge, carbon footprint, energy consumption, community
stakeholders and workplace safety while addressing a growing global
need for metals in our daily lives. Group 11 was founded by
Enviroleach Technologies Inc. (CSE: ETI; OTCQB: EVLLF),
Encore Energy Corp. (TSXV: EU; OTCQB: ENCUF) and Golden
Predator Mining Corp. (TSXV: GPY; OTCQB: NTGSF).
Group 11 is a group of elements in the
periodic table, also known as the coinage metals, consisting of
gold (Au), silver (Ag) and copper (Cu).
About enCore Energy Corp.
enCore Energy Corp. is a
U.S. domestic uranium developer focused on becoming a leading
in-situ recovery (ISR) uranium producer. The Company is led by a
team of industry experts with extensive knowledge and experience in
the development and operations of in situ recovery uranium
operations. enCore Energy's opportunities are created from the
Company's transformational acquisition of its two South Texas production facilities, the
changing global uranium supply/demand outlook and opportunities for
industry consolidation. These short-term opportunities are
augmented by our strong long term commitment to working with local
indigenous communities in New
Mexico where the company holds significant uranium
resources. enCore Energy also holds 35.3% of Group 11 Technologies
Inc.
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SOURCE enCore Energy Corp.