Clean Energy Fuels: enCore Energy Reappoints Nathan Tewalt to Enhance Board Expertise

enCore Energy Strengthens Board with Industry Veteran Nathan Tewalt

enCore Energy Corp., recognized as America's Clean Energy Company™, announces the reappointment of Mr. Nathan Tewalt to its Board of Directors, effective April 15, 2025. Tewalt, who previously served on the board from 2017 to 2022, brings a wealth of experience to the company, having spent over 40 years in the mineral extraction industry as an economic geologist. His expertise includes strategic leadership roles, notably as the Chief Executive Officer and President of Standard Uranium Inc., where he was pivotal in acquiring the Hobson In-Situ Recovery Central Processing Plant in Texas. This acquisition not only bolstered Standard Uranium’s operations but also led to a significant $1.8 billion acquisition by Uranium One, showcasing Tewalt's capacity to drive growth and navigate complex industry landscapes.

William M. Sheriff, Executive Chairman of enCore, expresses gratitude for Tewalt's return, highlighting his extensive knowledge of the uranium sector and enCore's operational strategies. Tewalt's insights are expected to be invaluable as enCore enters a phase of accelerated growth, focusing on increasing its footprint in the clean nuclear fuel market. As the only U.S. uranium firm operating multiple Central Processing Plants, enCore is well-positioned to leverage Tewalt's experience in enhancing its operational efficiencies and expanding its project portfolio, which includes notable initiatives in South Dakota and Wyoming.

The company is committed to sustainable practices in the uranium extraction process, utilizing In-Situ Recovery (ISR) technology, co-developed by its leadership team. This method is designed to minimize environmental impact while maximizing resource recovery, aligning with enCore’s mission to provide clean, reliable, and affordable nuclear fuel. In addition to its core projects, enCore holds various non-core assets and proprietary databases, all while maintaining a strong commitment to community engagement and positive relationships with indigenous governments. This holistic approach underscores enCore's dedication to not only advancing its business objectives but also creating beneficial impacts in the regions it operates.

In addition to Tewalt's reappointment, enCore continues to invest in its future projects, including the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming. These initiatives are part of a broader strategy to expand its operational capabilities and enhance its contribution to the clean energy sector.

As enCore Energy Corp. solidifies its leadership team and project ambitions, it remains focused on its core mission of delivering clean energy solutions while prioritizing environmental stewardship and community engagement.