Financials

PowerOne Capital Reports Acquisition of 1,000,000 Verdera Energy Shares

PowerOne Capital Corp. announced the acquisition of 1,000,000 common shares of Verdera Energy Corp. through the TSX Venture Exchange.

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PowerOne Capital Corp. has announced the acquisition of 1,000,000 common shares of Verdera Energy Corp. through the facilities of the TSX Venture Exchange. The shares were purchased at $0.3208 per Share.

#Ownership Following the Acquisition

PowerOne Capital is a joint actor of Pat DiCapo, who has offices in Toronto, Ontario. After the acquisition, Mr. DiCapo and his joint actors had direct and indirect ownership, control or direction of 9,957,066 Shares and 306,000 Share purchase options.

The combined position represented approximately 9.0% of Verdera Energy’s Shares, or 9.2% on a partially-diluted basis.

#Impact of the Share Conversion

The acquisition followed a conversion that occurred on or about September 30, 2026. In that transaction, 35,000,000 non-voting preferred shares of Verdera Energy were converted into Shares as part of a distribution by enCore Energy Corp. to its shareholders.

Before the conversion, Mr. DiCapo and his joint actors held direct and indirect ownership, control or direction of 8,957,066 Shares and 306,000 Share purchase options. That position represented approximately 11.8% of the Shares, or 12.2% on a partially-diluted basis.

Following the conversion and before the acquisition, their position represented approximately 8.1% of the Shares, or 8.3% on a partially-diluted basis.

#Investment Purpose and Disclosure

The shares were acquired for investment purposes. PowerOne Capital and its joint actors stated that, depending on market and other conditions, they may increase or decrease their beneficial ownership, control or direction over additional Verdera Energy securities or otherwise.

The acquiror and its joint actors also stated that they have no plans concerning any of the matters listed in Item 5 of Form 62-103F1.

#Early Warning Filing

The announcement states that an early warning report will be filed electronically with the applicable securities commissions in each jurisdiction where Verdera Energy is a reporting issuer. The report will be available through SEDAR+.

#Key Takeaways

  • PowerOne Capital acquired 1,000,000 Verdera Energy common shares at $0.3208 per Share.
  • Mr. DiCapo and his joint actors held 9,957,066 Shares and 306,000 Share purchase options after the acquisition.
  • The position represented approximately 9.0% of the Shares, or 9.2% on a partially-diluted basis.
  • The shares were acquired for investment purposes, with future changes in ownership dependent on market and other conditions.
  • An early warning report will be filed with the applicable securities commissions.

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