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enCore Energy Corp. (NASDAQ:EU), a uranium company with a market capitalization of $632 million, appointed Janet Lee-Sheriff as Senior Vice President - Strategic Initiatives on Monday. The appointment comes as the company’s stock has shown remarkable strength, gaining over 180% in the past six months. According to a statement based on a SEC filing, Lee-Sheriff will receive annual compensation of $150,000, with an annual bonus opportunity and a sign-on bonus consisting of restricted stock units and stock options.
The company disclosed that Lee-Sheriff is the spouse of enCore Energy’s Executive Chairman. No further details about the terms of her appointment or additional compensation arrangements were provided in the filing.
enCore Energy’s common shares are listed on the Nasdaq Capital Market and the TSX Venture Exchange. The information in this article is based on a press release statement included in the company’s recent SEC filing.
In other recent news, enCore Energy Corp. has successfully completed a $115 million convertible notes offering. This offering included a $15 million option exercised by initial purchasers, reflecting a 27.5% premium over a previous closing price. Prior to this, enCore Energy announced the pricing of a $100 million convertible notes offering, which was upsized from an earlier $75 million announcement. These notes, set to mature in 2030, bear an annual interest rate of 5.50%. Additionally, enCore Energy has made key leadership appointments, naming Kevin Kremke as Chief Financial Officer, effective October 1, 2025. Kremke brings extensive experience in corporate finance and capital markets. Furthermore, Ashley Forbes has been appointed as Vice President of Permitting and Regulatory Affairs, leveraging her previous role at the Texas Commission on Environmental Quality. These developments indicate enCore Energy’s strategic financial and leadership advancements.
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