Sec Form 3 Filing - PELIZZA MARK S @ enCore Energy Corp. - 2025-01-01

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person PELIZZA MARK S 2. Issuer Name and Ticker or Trading Symbol enCore Energy Corp. [ EU] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 101 N. SHORELINE BLVD. SUITE 450 3. Date of Earliest Transaction (MM/DD/YY) 01/01/2025 (Street) CORPUS CHRISTI, TX78401 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 38,333 D Common Stock 443,332 I By Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Option (Right to Buy) $ 0.43 ( 2 ) ( 1 ) 05/20/2025 Common Stock 100,000 D Stock Option (Right to Buy) $ 2.92 ( 4 ) ( 3 ) 02/14/2027 Common Stock 233,333 D Stock Option (Right to Buy) $ 1.94 ( 6 ) ( 5 ) 05/17/2028 Common Stock 175,000 D Stock Option (Right to Buy) $ 3.93 ( 8 ) ( 7 ) 06/13/2029 Common Stock 150,000 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other PELIZZA MARK S 101 N. SHORELINE BLVD. SUITE 450 CORPUS CHRISTI, TX78401 X Signatures /s/ Mark Pelizza 01/10/2025 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On May 20, 2020, the reporting person was granted 100,000 stock options of enCore Energy Corp. (the "Company") pursuant to the Company's Stock Option Plan. The stock options are fully vested and became exercisable in four equal installments beginning on November 20, 2020, which was the six-month anniversary of the date on which the stock options were granted. ( 2 )Represents an exercise price of $0.615 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.4395 reported by the Bank of Canada on January 9, 2025. ( 3 )On February 14, 2022, the reporting person was granted 233,333 stock options of the Company pursuant to the Company's Stock Option Plan. The stock options are fully vested and became exercisable in four equal installments beginning on August 14, 2022, which was the six-month anniversary of the date on which the stock options were granted. ( 4 )Represents an exercise price of $4.200 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.4395 reported by the Bank of Canada on January 9, 2025. ( 5 )On May 17, 2023, the reporting person was granted 175,000 stock options of the Company pursuant to the Company's Stock Option Plan. The stock options vested and became exercisable one-fourth on November 17, 2023, one-fourth on May 17, 2024 and one-fourth on November 17, 2024 and will vest and become exercisable one-fourth on May 17, 2025. ( 6 )Represents an exercise price of $2.790 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.4395 reported by the Bank of Canada on January 9, 2025. ( 7 )On June 13, 2024, the reporting person was granted 150,000 stock options of the Company pursuant to the Company's Stock Option Plan. The stock options vested and became exercisable one-fourth on December 13, 2024, and will vest and become exercisable one-fourth on June 13, 2025, one-fourth on December 13, 2025 and one-fourth on June 13, 2026. ( 8 )Represents an exercise price of $5.650 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.4395 reported by the Bank of Canada on January 9, 2025.

Remarks: Exhibit List: Exhibit 24 - Power of Attorney

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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