<SEC-DOCUMENT>0001279569-23-000203.txt : 20230221
<SEC-HEADER>0001279569-23-000203.hdr.sgml : 20230221
<ACCEPTANCE-DATETIME>20230221163742
ACCESSION NUMBER:		0001279569-23-000203
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20230221
FILED AS OF DATE:		20230221
DATE AS OF CHANGE:		20230221

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			enCore Energy Corp.
		CENTRAL INDEX KEY:			0001500881
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS METAL ORES [1090]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41489
		FILM NUMBER:		23648776

	BUSINESS ADDRESS:	
		STREET 1:		101 N. SHORELINE BLVD, SUITE 450
		CITY:			CORPUS CHRISTI
		STATE:			TX
		ZIP:			78401
		BUSINESS PHONE:		361-239-5449

	MAIL ADDRESS:	
		STREET 1:		101 N. SHORELINE BLVD, SUITE 450
		CITY:			CORPUS CHRISTI
		STATE:			TX
		ZIP:			78401

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Encore Energy Corp.
		DATE OF NAME CHANGE:	20170301

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WOLFPACK GOLD CORP.
		DATE OF NAME CHANGE:	20130523

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TIGRIS URANIUM CORP.
		DATE OF NAME CHANGE:	20100908
</SEC-HEADER>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B></FONT><B><BR>
<FONT STYLE="font-size: 12pt">Washington, D.C. 20549</FONT></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 18pt"><B>FORM 6-K</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>Report of Foreign
Private Issuer<BR>
Pursuant to Rule 13a-16 or 15d-16 of<BR>
the Securities Exchange Act of 1934</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the month of February 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Commission File Number 001-41489</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 24pt"><B>enCore Energy
Corp.</B></FONT><B><BR>
</B><FONT STYLE="font-size: 10pt">(Translation of registrant&rsquo;s name into English)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;<B>101 N. Shoreline Blvd. Suite 450, Corpus
Christi, TX 78401<BR>
</B>(Address of principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form&nbsp;40F:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Form 20-F &#9744; Form 40-F &#9746;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following documents are being submitted herewith:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><B>Exhibit</B></P>
</DIV></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; vertical-align: bottom; width: 89%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Description</B></P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; font-size: 10pt"><FONT STYLE="font-size: 10pt"><A HREF="ex991.htm">99.1</A></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; font-size: 10pt"><FONT STYLE="font-size: 10pt"><A HREF="ex991.htm">Material Change Report dated
    February 21, 2023 </A> </FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

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    <TD COLSPAN="2" STYLE="text-align: justify; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>enCore Energy Corp.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(Registrant)</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; font-size: 10pt; width: 60%"><FONT STYLE="font-size: 10pt">Date:&nbsp;February 21, 2023</FONT></TD>
    <TD STYLE="text-align: justify; font-size: 10pt; width: 5%"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: justify; font-size: 10pt; width: 35%"><FONT STYLE="font-size: 10pt">/s/ Carrie Mierkey</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="text-align: justify; font-size: 10pt"><FONT STYLE="font-size: 10pt">Name:&nbsp; </FONT></TD>
    <TD STYLE="text-align: justify; font-size: 10pt"><FONT STYLE="font-size: 10pt">Carrie Mierkey</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="text-align: justify; font-size: 10pt"><FONT STYLE="font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="text-align: justify; font-size: 10pt"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">2</P>

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<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex991.htm
<DESCRIPTION>MATERIAL CHANGE REPORT
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<P STYLE="text-align: right; margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>EXHIBIT 99.1</B></FONT></P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; letter-spacing: -0.15pt; text-align: center">FORM 51-102F3</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; letter-spacing: -0.15pt; text-align: center">MATERIAL CHANGE REPORT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; letter-spacing: -0.15pt; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 6%; padding: 0.1in 5.75pt 0.1in 27pt; font: bold 11pt Times New Roman, Times, Serif; text-align: justify; letter-spacing: -0.15pt; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 94%; padding: 0.1in 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt"><B><U>NAME
    AND ADDRESS OF COMPANY</U></B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt"><FONT STYLE="letter-spacing: -0.15pt">enCore Energy Corp.<BR>
    101 N. Shoreline Blvd, Suite 450</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt"><FONT STYLE="letter-spacing: -0.15pt">Corpus Christi, TX</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt"><FONT STYLE="letter-spacing: -0.15pt">78401</FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: bold 11pt Times New Roman, Times, Serif; padding: 0.1in 5.75pt 0.1in 27pt; text-align: justify; letter-spacing: -0.15pt; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">2.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 0.1in 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt"><B><U>DATE
    OF MATERIAL CHANGE</U></B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt 12.45pt; letter-spacing: -0.15pt; text-align: justify"><FONT STYLE="font-weight: normal">February
    14, 2023 </FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: bold 11pt Times New Roman, Times, Serif; padding: 0.1in 5.75pt 0.1in 27pt; text-align: justify; letter-spacing: -0.15pt; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">3.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 0.1in 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt"><B><U>NEWS
    RELEASE</U></B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; letter-spacing: -0.15pt; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt 12.45pt; letter-spacing: -0.15pt; text-align: justify"><FONT STYLE="font-weight: normal">News
    release dated February 15, 2023 was disseminated through the facilities of Cision. </FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: bold 11pt Times New Roman, Times, Serif; padding: 0.1in 5.75pt 0.1in 27pt; text-align: justify; letter-spacing: -0.15pt; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">4.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 0.1in 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt"><B><U>SUMMARY
    OF MATERIAL CHANGE</U></B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">enCore
    Energy Completes Alta Mesa Acquisition; 3<SUP>rd</SUP> Licensed In-Situ Recovery Uranium Plant in South Texas </FONT></P>
    <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; letter-spacing: -0.15pt; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: bold 11pt Times New Roman, Times, Serif; padding: 0.1in 5.75pt 0.1in 27pt; text-align: justify; letter-spacing: -0.15pt; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">5.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 0.1in 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt"><B><U>FULL
    DESCRIPTION OF MATERIAL CHANGE</U></B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.15pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">enCore
    Energy Corp. (&ldquo;<B>enCore</B>&rdquo; or the &ldquo;<B>Company</B>&rdquo;) (NYSE American: EU; TSXV: EU) announced </FONT>the <FONT STYLE="letter-spacing: -0.15pt">closing
    of the acquisition of the Alta Mesa In-Situ Recovery uranium project from Energy Fuels Inc. (the &quot;<B>Alta Mesa Acquisition</B>&quot;).
    The transaction provides enCore with three licensed uranium in-situ recovery (ISR) processing plants and positions enCore as a leading
    US-focused ISR uranium company with the proven management expertise required to advance multiple production opportunities within its portfolio.</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.15pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.15pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">To
    view the Alta Mesa project maps and enCore Energy's South Texas projects please visit: https://bit.ly/3fV9fTg.</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.15pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.15pt; text-align: justify">The Consideration paid to Energy Fuels
    consisted of US$60 million in cash and a US$60 million secured vendor take-back convertible promissory note (the &ldquo;<B>Note&rdquo;</B>).
    The Note has a two (2) year term and bears interest at a rate of 8% per annum payable on June 30<SUP>th</SUP> and December 31<SUP>st</SUP>
    of each year during the term. The Note is convertible at the election of the holder, to acquire common shares of enCore at a price of
    US$2.9103 per share. Energy Fuels has agreed not to transact with the common shares of enCore received on conversion of the Note, including
    hedging and short sales, with exceptions for sale transactions of up to US$10 million in value in any 30-day period, block trades and
    underwritten distributions. In addition, Energy Fuels has agreed to standard standstill provisions restricting additional acquisitions
    of enCore securities. Additional information regarding the Alta Mesa Project acquisition, is available in the Company's news release dated
    November 14, 2022.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.15pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.15pt; text-align: justify">In connection with the closing of the
    Alta Mesa Acquisition, 23,277,000 subscription receipts issued December 6, 2022 at a price of C$3.00 per Subscription Receipt (the &quot;<B>Subscription
    Receipt Offering&quot;)</B> were automatically converted into units comprised of one common share of enCore and one common share purchase
    warrant, with each warrant entitling the holder thereof to acquire one common share of enCore at a price of C$3.75 for a period of 3 years
    until February 14, 2026. The net proceeds from the Subscription Receipt Offering of approximately C$66 million, after deduction of fees
    and commissions, have been released from escrow to the Company, and were applied to fund the cash portion of the consideration payable
    by the Company pursuant to the Alta Mesa Acquisition. For additional information regarding the Subscription Receipt Offering, please see
    the Company's news release dated December 6, 2022.</P>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 12.15pt; text-align: justify; text-indent: 148.3pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.15pt; text-align: justify">&nbsp;</P></TD></TR>
  </TABLE>
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<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">2</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%; padding: 0.1in 5.75pt 0.1in 27pt; font: bold 11pt Times New Roman, Times, Serif; text-align: justify; letter-spacing: -0.15pt">&nbsp;</TD>
    <TD STYLE="width: 94%; padding: 0.1in 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.15pt; text-align: justify">Additionally, further to the Company's
    news release dated February 8, 2023 announcing the closing of the offering of units for proceeds of C$34.5 million, the Company advises
    that it paid cash commissions to Canaccord Genuity Corp. (C$1,065,756.17), Cantor Fitzgerald Canada Corporation (C$659,753.82), and Haywood
    Securities Inc. (C$304,501.76). For additional information regarding the unit offering, please see the Company's news release dated February
    8, 2023.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: bold 11pt Times New Roman, Times, Serif; padding: 0.1in 5.75pt 0.1in 27pt; text-align: justify; letter-spacing: -0.15pt; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">6.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 0.1in 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="text-transform: uppercase"><B><U>Reliance
    on subsection 7.1(2) of National Instrument 51-102</U></B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt 12.45pt; letter-spacing: -0.15pt; text-align: justify"><FONT STYLE="font-weight: normal">Not
    applicable.</FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: bold 11pt Times New Roman, Times, Serif; padding: 0.1in 5.75pt 0.1in 27pt; text-align: justify; letter-spacing: -0.15pt; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">7.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 0.1in 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt"><B><U>OMITTED
    INFORMATION</U></B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt 12.45pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">Not
    applicable.</FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: bold 11pt Times New Roman, Times, Serif; padding: 0.1in 5.75pt 0.1in 27pt; text-align: justify; letter-spacing: -0.15pt; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">8.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 0.1in 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt"><B><U>EXECUTIVE
    OFFICER</U></B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">William
    M. Sheriff, Executive Chairman</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">Telephone:
    972-333-2214</FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: bold 11pt Times New Roman, Times, Serif; padding: 0.1in 5.75pt 0.1in 27pt; text-align: justify; letter-spacing: -0.15pt; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">9.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 0.1in 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt"><B><U>DATE
    OF REPORT</U></B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 12.6pt; text-align: justify"><FONT STYLE="letter-spacing: -0.15pt">February
    21, 2023</FONT></P></TD></TR>
  </TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 8pt; letter-spacing: -0.15pt">&nbsp;</FONT></P>

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