| ENTITY | Ownership | Place of Incorporation | Principal Place of Business | ||||||||
| Azarga Resources (HongKong) Ltd. | 100% owned by Azarga Resources Ltd. | Hong Kong | Hong Kong | ||||||||
| Azarga Resources Canada Ltd. | 100% owned by Azarga Resources (Hong Kong) Ltd. | British Columbia | British Columbia | ||||||||
| Azarga Resources Ltd | 100% owned by Azarga Uranium Corp. | British Virgin Islands | British Virgin Islands | ||||||||
| Azarga Resources USA Company | 100% owned by Azarga Resources Canada Ltd. | Colorado | Colorado | ||||||||
| Azarga Uranium Corp. | 100% owned by enCore Energy Corp. | British Columbia | British Columbia | ||||||||
| enCore Alta Mesa, LLC | 100% owned by JV Alta Mesa LLC | Texas | Texas | ||||||||
| enCore Energy Corp. | Parent Company | British Columbia | Texas | ||||||||
| enCore Energy Holdings LLC | 100% owned by enCore Energy US Holdco LLC | Nevada | Texas | ||||||||
| enCore Energy US Corp. | 100% owned by 100% owned by | Nevada | Texas | ||||||||
| enCore Energy US Holdco LLC | 100% owned by enCore Energy US Corp. | Nevada | Texas | ||||||||
| HRI-Churchrock, Inc. | 100% owned by enCore Energy US Corp. | Delaware | Colorado | ||||||||
| JV Alta Mesa LLC | 70% owned by enCore Energy US Corp. | Delaware | Texas | ||||||||
| Leoncito Plant, LLC | 100% owned by JV Alta Mesa LLC | Texas | Texas | ||||||||
| Leoncito Project LLC | 100% owned by JV Alta Mesa LLC | Texas | Texas | ||||||||
| Leoncito Restoration LLC | 100% owned by Leoncito Project LLC | Texas | Texas | ||||||||
| Metamin Enterprises Inc. | 100% owned by enCore Energy US Corp. | Nevada | Utah | ||||||||
| NM Energy Holding Corp | 100% owned by enCore Energy US Holdco LLC | Texas | New Mexico | ||||||||
| NM Energy Holding Corp | 100% owned by enCore Energy US Corp. | Nevada | New Mexico | ||||||||
| Powertech (USA) Inc. | 100% owned by Azarga Uranium Corp. | South Dakota | South Dakota | ||||||||
| Ucolo Exploration Corp. | 100% owned by URZ Energy Corp. | Utah | Utah | ||||||||
| Uranco, Inc. | 100% owned by enCore Energy US Holdco LLC | Delaware | Colorado | ||||||||
| URI, Inc. | 100% owned by enCore Energy US Corp. | Delaware | Texas | ||||||||
| URZ Energy Corp. | 100% owned by Azarga Uranium Corp. | British Columbia | British Columbia | ||||||||