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SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of enCore

1. enCore announced a net loss of $61.3 million for fiscal 2024. 2. CEO has departed, raising concerns over company leadership. 3. Material weaknesses identified in internal financial controls. 4. Stock price plummeted 46.4% to $1.35 following these disclosures. 5. Faruqi & Faruqi investigating claims related to investor losses.

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FAQ

Why Very Bearish?

The significant loss and management departures raise severe investor concerns, historically leading to long-term stock depreciation.

How important is it?

Investor losses and leadership changes directly affect market confidence in enCore.

Why Short Term?

Immediate negative impact on investor sentiment and stock price likely, with potential for further volatility.

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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Significant Losses In enCore To Contact Him Directly To Discuss Their OptionsIf you suffered significant losses in enCore stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information], /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against enCore Energy Corp. ("enCore" or the "Company") (NASDAQ: EU).Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. Faruqi & Faruqi Logo (PRNewsfoto/Faruqi & Faruqi, LLP) On March 3, 2025, enCore announced its fiscal 2024 financial results in a press release, reporting a net loss of $61.3 million compared to a $25.6 million net loss for fiscal 2023. The Company revealed that its Chief Executive Officer is "no longer serving" in the role "or as a member of the Board." Additionally, the Company revealed that it had identified material weaknesses in its internal controls over financial reporting. On this news, enCore's stock price fell $1.17, or 46.4%, to close at $1.35 per share on March 3, 2025, thereby injuring investors.To learn more about the enCore Energy Corp. investigation, go to www.faruqilaw.com/EU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).Follow us for updates on LinkedIn, on X, or on Facebook.Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.SOURCE Faruqi & Faruqi, LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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