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Exhibit 21.1

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
Texas
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
Texas
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
Texas
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 Enterprise US Inc.
100% owned by enCore Energy US Corp.
Nevada
Texas
enCore Precision Drilling Corp.
100% owned by enCore Energy US Corp.
Nevada
Texas
Powertech (USA) Inc.
100% owned by Azarga Uranium Corp.
South Dakota
Texas
Ucolo Exploration Corp.
100% owned by URZ Energy Corp.
Utah
Texas
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
Texas