Verdera Energy Announces Form F-1 Declared Effective by the SEC

The U.S. Securities and Exchange Commission declared Verdera Energy Corp.’s Form F-1 registration statement effective on September 14, 2026. This regulatory milestone enables the distribution of 35,000,000 common shares to enCore Energy Corp. shareholders via a special dividend. The record date is set for September 25, 2026, with a payable date of September 30, 2026, pending final approvals from Nasdaq and the TSX Venture.

Of the distributed shares, 14,000,000 carry transfer restrictions that will release in equal tranches on November 20, 2026, and February 20, 2027. The distribution fulfills the conversion of 35,000,000 non-voting preferred shares originally issued to enCore under the March 2025 Share Purchase Agreement.

Concurrently, Verdera announced the sale of its Treeline uranium project to Americas Uranium Corp. for $100,000 cash, C$2,000,000 in equity, and 1.5% net proceeds/NSR royalties.

Verdera Energy Corp. (V) has received the SEC’s declaration of effectiveness, a procedural step following the February 2026 Qualifying Transaction that the market had already anticipated and priced in. The distribution adds 35,000,000 new shares to the market, representing a ~46% increase in outstanding common shares. Of these, 14,000,000 shares remain restricted until late 2026/early 2027, leaving approximately 21,000,000 shares (~28% dilution) to become freely tradable upon distribution.

The company also announced the sale of the Treeline asset, a minor transaction that provides negligible immediate cash and defers the majority of equity consideration over 36 months. This move removes a non-core asset from the portfolio, aligning with management's stated focus on the four primary projects. There is no change to the core development pipeline or the near-term cash burn profile. The company remains pre-revenue and reliant on equity financing. While the news clears a regulatory hurdle, it introduces significant near-term float expansion without corresponding revenue or production milestones.

Verdera Energy Corp. is a pre-revenue uranium exploration company focused on the Grants Uranium District in New Mexico. The company’s flagship projects, Crownpoint and Hosta Butte, hold current NI 43-101 compliant resources. West Largo holds historical resources and is undergoing a modernized NI 43-101 study, while Ambrosia Lake, Nose Rock, and Treeline hold historical estimates pending verification.

Verdera controls approximately 400 square miles of privately owned mineral rights and unpatented lode claims. The company targets In-Situ Recovery (ISR), a method that offers lower capital intensity, faster permitting, and reduced surface disturbance compared to conventional mining. Additionally, Verdera has acquired the Kerr-McGee and URI New Mexico databases, creating a proprietary dataset of over 150,000 drill holes and 1,000+ maps to guide exploration and prospect generation.