enCore hires ex-US government official as CAO
“Gregory brings extensive experience and expertise in public affairs and legislative and regulatory relations, having worked successfully in both the public and private sectors with a specialty in the energy and natural resource industries,” Sheriff said.
The company noted that Zerzan’s position with the department has seen him lead legal efforts in areas including energy development, access to public lands, environmental reform and tribal relations.
Red Cloud Securities said: “While we don’t see this appointment moving the stock per se, its relationships in government and with Indigenous communities could have a significant positive impact as enCore moves several of its projects into production. “.
He also worked as deputy assistant secretary of the United States Treasury and served as an adviser to three different congressional committees, enCore said.
The company added that in the private sector, Zerzan has served as an advisor and head of global public policy for the International Swaps and Derivatives Association, director of Koch Companies and shareholder of law firm Jordan Ramis PC.
“Zerzan was a senior research fellow at the University of Melbourne Law School, Australia, and speaks frequently at conferences, professional associations and on television on issues of law and regulatory policy,” said declared again.
He is to be granted 400,000 stock options with 25% immediate vesting, 25% vesting by December 31 and 25% every six months thereafter. The options are exercisable at a price of US$1.07 per share.
The company’s stock price rose 4% overnight to trade at US$0.91 on July 19. Its market capitalization is US$281.2 million.