---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-076251"
form_type: "8-K"
ticker: "EU"
cik: "0001500881"
company_name: "enCore Energy Corp."
filed_at: "2025-04-09T23:59:59+00:00"
generated_at: "2026-05-23T18:14:03.532552+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# enCore completes sale of New Mexico uranium assets to Verdera for 50M preferred shares, royalty, and cash

## Summary
- Closed sale of NM Energy Canada subsidiary holding Crownpoint, Hosta Butte, Nose Rock, West Largo, Ambrosia Lake-Treeline projects.
- Received 50M non-voting preferred shares of Verdera (~73% fully diluted), 2% royalty, and US$350K cash.
- Side letter: enCore consents to Verdera going-public with min CAD$20M at CAD$0.80/share.
- enCore to distribute 35M shares to its shareholders upon Verdera's request after listing on a Canadian exchange.
- Registration rights agreement: Verdera must file resale registration within 75 days of going-public closing.

## SEC filing metadata
- accession: 0001193125-25-076251
- form_type: 8-K
- ticker: EU
- cik: 0001500881
- company_name: enCore Energy Corp.
- filed_at: 2025-04-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500881/000119312525076251/0001193125-25-076251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500881/000119312525076251/d913771d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-076251
- JSON: https://secwatch.observer/filing/0001193125-25-076251.json
- Plain text: https://secwatch.observer/filing/0001193125-25-076251.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.