The proceeds raised from the offering will be used by the company for exploration and development of the company's mineral properties and for general corporate purposes. The agents will have an option to purchase additional units on the same terms of the offering for aggregate proceeds representing 15 per cent of the offering, for market stabilization purposes and to cover overallotments, exercisable within 30 days of the date of closing of the offering. The offering is scheduled to close on or about Oct. 8, 2020, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals of the TSX Venture Exchange. About EnCore Energy Corp. EnCore Energy is focused on working toward becoming a domestic United States uranium producer.