« aggregate gross proceeds of C$34,500,862.50, including … » "... CORPUS CHRISTI, Texas, Feb. 8, 2023 /CNW/ - enCore Energy Corp. ("enCore" or the "Company") (NYSE American: EU) (TSXV: EU) today announces that it has closed its previously announced public offering (the "Offering") of units (the "Units") of the Company. Pursuant to the Offering, the Company issued a total of 10,615,650 Units at a price of C$3.25per Unit for aggregate gross proceeds of C$34,500,862.50, including the full exercise of the over-allotment option granted to the Underwriters (as defined herein) under the Offering.
The Offering was conducted through a syndicate of underwriters led by Canaccord Genuity, as lead underwriter and sole bookrunner, and including Cantor Fitzgerald Canada Corporation and Haywood Securities Inc. (collectively, the "Underwriters") pursuant to an underwriting agreement dated January 25, 2023 entered into among the Company and the Underwriters.
https://www.newswire.ca/news-releases/encore-energy-closes-c-34-5m-public-offering-816510919.html
This is the type of money that would put the Copperstone Mine back into production !