NUCLEAR ENGINEER, SUSAN HOXIE- – GuruFocus.com

0

CORPUS CHRISTI, Texas, June 1, 2022 /PRNewswire/ – enCore Energy Corp. (“bis“or the”Company“) (TSXV: EU) (OTCQB: ENCUF) today announced that Ms. Susan Hoxie Key was appointed as the most recent member of its board of directors, with effect June 1, 2022. Ms. Hoxie-Key is a recognized nuclear industry leader with over 40 years of engineering experience spanning nuclear core design, nuclear fuel licensing, nuclear fuel procurement, nuclear fuel-related engineering products and direct support to reactor operations. .

Ms. Hoxie-Key won the 2008 American Nuclear Society (ANS) Oestmann Achievement Award for technical achievement in nuclear science, engineering, research or education. She has also held numerous leadership positions in the nuclear industry over the years, including Chairman of the Board of Governors of the World Nuclear Fuel Market (WNFM) between June 2016 and June 2018member of the Nuclear Energy Institute (NEI) Accident Tolerant Fuel Safety Benefits and Licensing Task Forces, and member of the Technical Advisory Committee of the Electric Power Research Institute (EPRI) PWR (Pressurized Water Reactor).

Ms. Hoxie-Key worked for the Southern Nuclear Operating Company (SNC) for 31 years, where she led and led complex multidisciplinary projects involving reactor fuel performance, fuel procurement, fuel licensing and heart design. She was also the SNC lead for the nuclear industry’s efforts to increase the uranium enrichment limit above 5% by weight and to increase the current allowable fuel burn limit.

Ms. Hoxie-Key earned her BS in Nuclear Engineering from Mississippi State University and his Masters in Nuclear Engineering from Georgia Institute of Technology. She is a registered professional engineer in Alabama and Georgia.

“We are delighted to welcome Susan to enCore Energy’s Board of Directors,” said William M. Sheriff, Executive Chairman. “Susan brings a wealth of experience and expertise to the Company from the user end of the nuclear fuel cycle. She is a recognized nuclear industry leader and operator with over 40 years of experience. skills and strong relationships with our industry, government agencies and regulators will complement the current members of our Board of Directors who together provide enCore with first-hand expertise in all elements of the nuclear fuel cycle, from discovery and uranium production to conversion and enrichment through to consumption in power generation at nuclear power plants. It will be an incredible asset to our business as we move forward with our strategic plan.”

Paul Goransonthe managing director added, “I have known Susan for almost 20 years as a colleague in the nuclear industry through various trade associations. During these interactions, I saw firsthand his leadership skills and his calm approach to solving some complex industry-wide issues. I look forward to working with her on our Board of Directors as we continue to transform into a leading US uranium producer at a time of dramatically increasing demand. »

Concurrent with the appointment, the Company approved the grant to Ms. Hoxie-Key of 500,000 stock options with 25% vesting in 6 months and 25% every 6 months thereafter. Stock options are exercisable for a period of five years at an exercise price of $1.25 per ordinary share.

About enCore

With approximately 90 million pounds of U3O8 estimated in the measured and indicated categories and 9 million pounds of U3O8 estimated in the inferred category1enCore is the most diversified in situ uranium development company in the United States. enCore aims to become the next producer of uranium from its licensed and formerly producing South Texas Rosita processing plant by 2023. South Dakota-based Dewey Burdock project and the Wyoming Gas Hills project offer medium-term production opportunities with New Mexico uranium resource endowments offering long-term opportunities. The enCore team is led by industry experts with in-depth knowledge and experience of all aspects of ISR uranium operations and the nuclear fuel cycle.

For more information, visit www.encoreuranium.com.

1

Mineral resource estimates are based on technical reports prepared in accordance with NI43-101 and available on SEDAR as well as on the company’s websites at www.encoreuranium.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS ITS TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE RELEVANCE OR ACCURACY OF THIS RELEASE.

favicon.png?sn=VA75089&sd=2022-06-01 View original content to download multimedia: https://www.prnewswire.com/news-releases/nuclear-engineer-susan-hoxie-key-joins-encore-energy-board-of-directors-301558730.html

SOURCE enCore Energy Corp.

Share.

Comments are closed.