1、 enCore Energy Corp.CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31,2021 AND 2020(Expressed in Canadian dollars)INDEPENDENT AUDITORS REPORT To the Shareholders of enCore Energy Corp.Opinion We have audited the accompanying consolidated financial statements of enCore Energy Corp.(th
2、e“Company”),which comprise the consolidated statements of financial position as at December 31,2021 and 2020,and the consolidated statements of loss and comprehensive loss,cash flows,and changes in shareholders equity for the years then ended,and notes to the consolidated financial statements,includ
3、ing a summary of significant accounting policies.In our opinion,these consolidated financial statements present fairly,in all material respects,the financial position of the Company as at December 31,2021 and 2020,and its financial performance and its cash flows for the years then ended in accordanc
4、e with International Financial Reporting Standards(“IFRS”).Basis for Opinion We conducted our audit in accordance with Canadian generally accepted auditing standards.Our responsibilities under those standards are further described in the Auditors Responsibilities for the Audit of the consolidated Fi
5、nancial Statements section of our report.We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the consolidated financial statements in Canada,and we have fulfilled our other ethical responsibilities in accordance with these requirements.We b
6、elieve that the audit evidence we have obtained in our audit is sufficient and appropriate to provide a basis for our opinion.Other Information Management is responsible for the other information.The other information obtained at the date of this auditors report includes Managements Discussion and A