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enCore Energy has announced plans to distribute 35 million common shares of Verdera Energy Corp. to its shareholders as a special dividend.
According to the statement, the record date for eligibility is set for September 25, 2026, and the distribution will take place on September 30, 2026. The move reflects enCore Energy's intention to deliver additional value to its existing shareholders through equity in Verdera Energy.
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enCore Energy has continued to build its position in the U.S. uranium sector. Earlier, the company grew its South Texas uranium platform with two operational in-situ recovery (ISR) plants and multiple satellite feeds, according to previous reports. The latest share distribution signals a further step in enCore's corporate developments.