When a listing is completed, it is contemplated that the common shares of the company would be dually listed and continue to trade in Canada on the TSX Venture Exchange under the symbol "EU". The company noted that the completion of a listing is subject to final regulatory approvals and the satisfaction of applicable listing requirements and as such, there can be no assurance that a listing will be completed. The exercise price and the number of common shares issuable under any of the company's outstanding warrants, stock options or other convertible securities will be proportionately adjusted upon the consolidation. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Following the share consolidation, the company will have approximately 107,607,580 common shares issued and outstanding prior to rounding for fractional shares. : Cours de bourse, graphiques, cotations, conseils boursiers, données financières, analyses et actualités en temps réel de laction. A high-level overview of Encore Energy Systems, Inc. The company currently has 322,822,741 common shares issued and outstanding. The company noted that the uplisting from OTC to Nasdaq provides growth-oriented companies greater exposure to the largest capital market in the world.Īdditionally, the resulting smaller share count and higher share price is more palatable to US institutional investors, it said. This marks another important step in enCore's growth as it continues its work to become a leading United States ISR uranium development company," he added. enCore is well positioned to provide a reliable, low carbon and domestic supply of fuel for the growing nuclear energy sector. “With the commissioning of the Rosita Uranium Processing Plant to be completed in 2022 and planned production in 2023, increased exposure to the largest market in the world coincides with 2023 cash flow. READ: enCore Energy announces completion and installation of baseline wells at Rosita Extension Project The company creates value for its partners by providing quality drilling prospects consisting of lower. #Encore energy systems professional#Our professional geological and engineering team consists of a combined 116 years of oil and gas exploration experience. "The decision to list on the Nasdaq will provide enCore with greater visibility through a leading capital market trading platform that is suited for growth-oriented companies like enCore,” said enCore's executive chairman William M. is a privately owned oil and natural gas exploration company with operations in Oklahoma. A high-level overview of Encore Energy Systems, Inc. The common shares will trade on the TSX Venture Exchange on a post-consolidated basis starting from the market open on September 14, 2022. Blued w/ SightsThis factory barrel is for use with Encore frames only. has announced that it will consolidate its common shares on a one-post-consolidation-share-for-every-three-current-shares basis in connection with its application to list on the Nasdaq Stock Market.
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