Urano Energy completed the acquisition of Snow and Probe uranium mines from enCore Energy.

Urano Energy, a mineral exploration company which holds advanced conventional uranium projects hosting historic resources and lode mining claims in the Colorado Plateau, completed the acquisition of the Snow and Probe uranium mines in Emery County, Utah, from enCore Energy, a US company focused on developing and producing domestic uranium to provide fuel for nuclear energy. Financial terms were not disclosed. "This strategic acquisition from enCore Energy meaningfully expands our I-70 Uranium Project footprint and adds a well-documented past-producing uranium deposit with historical resources. Combining Atlas' data with our own evaluation work strengthens Urano's growing uranium inventory and positions us for significant value creation as we continue to advance our portfolio toward NI 43-101 compliance," Jason Bagg, Urano Energy CEO.