enCore Energy Corp.

01/10/2025 | Press release | Distributed by Public on 01/10/2025 18:40

Initial Statement of Beneficial Ownership (Form 3)

Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Nieuwoudt Stacy Durbin
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2025
3. Issuer Name and Ticker or Trading Symbol
enCore Energy Corp. [EU]
(Last) (First) (Middle)
101 N. SHORELINE BLVD. SUITE 450
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
CORPUS CHRISTI, TX 78401
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) (1) 10/17/2029 Common Stock 225,000 $3.9(2) D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Nieuwoudt Stacy Durbin
101 N. SHORELINE BLVD. SUITE 450
CORPUS CHRISTI, TX 78401
X

Signatures

/s/ Stacy Nieuwoudt 01/10/2025
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On October 17, 2024, the reporting person was granted 225,000 stock options of enCore Energy Corp. (the "Company") pursuant to the Company's 2024 Long Term Incentive Plan. The stock options will vest and become exercisable one-fourth on April 17, 2025, one-fourth on October 17, 2025, one-fourth on April 17, 2026 and one-fourth on October 17, 2026.
(2) Represents an exercise price of $5.610 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.4395 reported by the Bank of Canada on January 9, 2025.

Remarks:
Exhibit List: Exhibit 24 - Power of Attorney
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.