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Events After the Reporting Period | 12 Months Ended
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Dec. 31, 2023
Events after the reporting period [Abstract] |
Events after the reporting period |
| 19. | Events after the reporting period
Subsequent to December 31, 2023, the following reportable events were completed:
| (a) | The Company issued 5,451,669 shares pursuant to the exercise of warrants for gross proceeds of $16,507,663 (C$22,280,554).
| (b) | The Company issued 127,716 shares pursuant to the exercise of brokers warrants for gross proceeds of $411,979 (C$556,052).
| (c) | The Company sold 393,365 common shares in accordance with the Company’s ATM program for gross proceeds of $1,595,143.
| (d) | The Company sold 102,400 common shares in accordance with the Company’s ATM program for gross proceeds of $412,782 (C$557,133).
| (e) | The Company issued 6,872,143 common shares and paid $197,701 in accrued interest pursuant to the conversion of the outstanding balance on its convertible note by its holder (Note 12).
| (f) | The Company issued 697,754 common shares pursuant to the exercise of stock options for gross proceeds of $900,077 (C$1,214,843).
| (g) | The Company granted 425,000 stock options to employees and contractors with an average exercise price of C$6.11.
| (h) | The Company received $85,500 pursuant to the release of a cash bond held by the Bureau of Land Management pertaining to Arizona state mineral leases (Note 10).
| (i) | The Company sold 15,000,000 shares of Anfield Energy Inc for gross proceeds of C$1,097,950.
| (j) | The Company purchased 1,716,260 units of NFI at a price of C$0.60 per unit. Each unit is comprised of 1 common share and one half of a warrant. This investment maintained the Company’s ownership level at 19.9%.
| (k) | The Company received $60 million in consideration of Boss Energy’s 30% share of a joint venture arrangement for the Company’s Alta Mesa project.
| (l) | The Company received $10 million from Boss Energy for a private placement of 2,564,102 enCore common shares at $3.90 per share.
| (m) | The Company entered into a loan agreement providing for up to 200,000 pounds of uranium to be lent by Boss Energy.
| (n) | The Company entered a strategic collaboration agreement with Boss Energy to research and develop the Company’s PFN technology, to be financed equally by each party.
| (o) | In the normal course of business, the Company completed the following uranium transactions related to existing uranium contracts (Note 3).:
| 1) | Purchased 125,000 lbs for $9,822,500
| 2) | Sold 320,000 lbs for $30,491,000
| 3) | Received a loan of 200,000 lbs

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- Definition The entire disclosure for events after the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 10 -IssueDate 2023-01-01 -Section Disclosure -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=10&code=ifrs-tx-2023-en-r&doctype=Standard&dita_xref=IAS10_g17-22_TI -URIDate 2023-03-23 + Details
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