[Form 3] enCore Energy Corp. Initial Statement of Beneficial Ownership

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(Low)

Filing Sentiment

(Neutral)

Form Type

08/05/2025 - 08:30 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

McCoig Dain A

(Last)

(First)

(Middle)

5950 BERKSHIRE LANE, SUITE 210

(Street)

DALLAS

75225

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/28/2025

3. Issuer Name and Ticker or Trading Symbol
enCore Energy Corp. [ EU ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Operating Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option (Right to Buy)	⁽¹⁾	06/26/2028	Common Stock	60,000	$2.25⁽²⁾	D
Stock Option (Right to Buy)	⁽³⁾	06/13/2029	Common Stock	60,000	$4.1⁽⁴⁾	D

Explanation of Responses:

1. On June 26, 2023, the reporting person was granted 60,000 stock options of enCore Energy Corp. (the "Company") pursuant to the Company's Stock Option Plan. The stock options are fully vested and became exercisable in four equal installments beginning on December 26, 2023, which was the six-month anniversary of the date on which the stock options were granted.

2. Represents an exercise price of $3.10 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3797 reported by the Bank of Canada on August 1, 2025.

3. On June 13, 2024, the reporting person was granted 60,000 stock options of the Company pursuant to the Company's Stock Option Plan. The stock options vested and became exercisable one-fourth on December 13, 2024 and one-fourth on June 13, 2025 and will vest and become exercisable one-fourth on December 13, 2025 and one-fourth on June 13, 2026.

4. Represents an exercise price of $5.65 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3797 reported by the Bank of Canada on August 1, 2025.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Robert Willette as attorney-in-fact for Dain McCoig	08/05/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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