enCore Energy Corp. (TSX-V:EU, OTCQB:ENCUF) executive chairman William M Sheriff joined Proactive's Stephen Gunnion with details of the sale of its Cebolleta Uranium Project in New Mexico to Future Fuel Corporation.
Sheriff telling Proactive that the move is a major step towards reaching enCore’s goal of becoming the next producer of American uranium.
The sale resulted in enCore holding approximately 15.90% of Future Fuels and a US$250,000 boost to its balance sheet, which he said will help bring enCore's Rosita Central Uranium Processing Plant back into production.