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enCore Energy Appoints Kevin Kremke as Chief Financial Officer

Seasoned finance executive to join uranium company effective October 1st, 2025, receiving equity compensation package

  • Kevin Kremke appointed Chief Financial Officer effective October 1st, 2025, with experience in corporate finance, M&A, and capital markets
  • Compensation includes 250,000 stock options at $2.30 exercise price and 250,000 restricted stock units, both vesting 25% annually over four years
  • Kremke previously held CFO roles in publicly traded and private equity companies across oil and gas, electric power, and energy transition industries
  • Holds MBA from University of Chicago Booth School of Business and BS from Ball State University
  • Executive Chairman William Sheriff cited Kremke's financial expertise and leadership experience as supporting the company's growth strategy

enCore Energy Corp. (NASDAQ:EU, TSXV:EU) is a uranium company with multiple Central Processing Plants in the United States. The company utilises In-Situ Recovery technology for uranium extraction, developed by its leadership team.

enCore's current operations are located in South Texas, with planned projects including Dewey Burdock in South Dakota and Gas Hills in Wyoming. The company holds additional non-core assets and proprietary databases, and states its commitment to working with local communities and indigenous governments.

Executive Leadership Appointment

Kevin Kremke will assume the Chief Financial Officer role on October 1st, 2025. According to the announcement, Kremke has served as CFO in both large publicly traded companies and private equity organisations. His experience includes corporate finance, merger and acquisition transactions, and capital structure management.

Executive Chairman William Sheriff stated that Kremke's appointment supports the company's growth strategy. Sheriff noted Kremke's "depth of financial expertise, combined with his leadership experience in energy and natural resources" as factors in the selection. 

Kremke's background spans oil and gas, electric power, and energy transition industries. The company describes his leadership style as collaborative, working with C-suite officers, board directors, and investors. His educational background includes advanced degrees from the University of Chicago and Ball State University.

Corporate Growth Strategy

The CFO appointment occurs as enCore pursues what Sheriff described as an "aggressive growth strategy." The company currently operates in South Texas and has identified future projects in South Dakota and Wyoming. Sheriff stated the appointment will help "achieve that growth" and support the strategy to "provide the necessary fuel for domestic nuclear energy."

enCore utilises In-Situ Recovery technology for uranium extraction. The company describes itself as "America's Clean Energy Company" and states it is "committed to providing clean, reliable, and affordable fuel for nuclear energy." 

The company's project pipeline includes the Dewey Burdock project in South Dakota and the Gas Hills project in Wyoming. enCore maintains additional assets including non-core holdings and proprietary databases. The company states it works with local communities and indigenous governments in its development activities.

Next Steps

Kremke will begin his role as Chief Financial Officer on October 1st, 2025. The company indicated his appointment supports ongoing operations and planned project development in South Dakota and Wyoming. enCore continues to operate its existing South Texas facilities whilst developing its broader project pipeline.

The appointment represents enCore's expansion of its executive team as the company advances its stated growth strategy. Sheriff's comments indicate expectations that Kremke's experience will support the company's objectives in the domestic nuclear fuel sector.

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