Anfield Energy Inc. Completes Phase One Surface Construction at Velvet-Wood Project

Anfield Energy has successfully completed Phase One surface construction at its Velvet-Wood uranium and vanadium project in Utah. The company plans to commence Phase Two underground development activities within 30 days, with the goal of resuming production by end of 2026. Phase One included site preparation, road construction, power installation, and rehabilitation of the mine decline shaft.

06/01/2026, 7:00 AM • GlobeNewswire

Anfield Energy Announces Special Shareholder Meeting and Mailing of Related Documents

Anfield Energy has set a shareholder meeting for February 27, 2026 to seek approval for Uranium Energy Corp to become a control person of the company. The meeting will vote on a US$4 million private placement where Uranium Energy's subsidiary will purchase 896,861 subscription receipts at US$4.46 each, convertible to common shares upon satisfaction of escrow conditions by March 31, 2026.

02/06/2026, 4:30 PM • GlobeNewswire

Anfield Energy Amends Credit Facility with Extract

Anfield Energy has entered into an amending agreement with Extract Advisors LLC to obtain consent for its proposed acquisition of B.R.S. Inc. In consideration for the consent, Anfield will issue 50,000 bonus common shares and 500,000 bonus warrants (exercisable at C$12.50 until September 2028) to Extract. The transaction is classified as a related party transaction and is exempt from formal valuation and minority shareholder approval requirements under MI 61-101.

01/29/2026, 9:30 PM • GlobeNewswire

Anfield Energy Welcomes President Trump’s Section 232 Proclamation on Processed Critical Minerals: Reinforcing National Security Protections for Domestic Uranium Production and the U.S. Nuclear Sector

President Trump's Section 232 proclamation on processed critical minerals aims to protect domestic uranium production and reduce reliance on foreign suppliers like Russia and Kazakhstan. The action, combined with uranium's critical mineral designation and $2.7 billion in DOE enrichment funding, creates favorable conditions for U.S. uranium producers. Anfield Energy, positioned with the Shootaring Canyon mill and projects in Utah and Colorado, expects accelerated project timelines and improved market confidence.

01/15/2026, 2:50 PM • GlobeNewswire

Anfield Energy Announces Closing of US$6,000,000 Non-Brokered LIFE Offering of Common Shares and Concurrent US$4,000,000 Non-Brokered Private Placement of Subscription Receipts

Anfield Energy successfully closed a US$10 million financing consisting of a US$6 million LIFE offering of common shares and a US$4 million private placement of subscription receipts to Uranium Energy Corp. The company will use proceeds to fund capital commitments to uranium and vanadium projects including West Slope, Velvet-Wood, Slick Rock, and Shootaring Canyon Mill. Shareholder approval is required for Uranium Energy's participation as a control person, with a special meeting anticipated for February 27, 2026.

01/13/2026, 7:00 AM • GlobeNewswire

Anfield Energy Amends Previously Announced Private Placement: US$6,000,000 Non-Brokered LIFE Offering of Common Shares and Concurrent US$4,000,000 Non-Brokered Private Placement of Subscription Receipts

Anfield Energy announced amendments to its non-brokered private placement, consisting of up to 1.35M common shares at US$4.46 per share (US$6M gross proceeds) under the Listed Issuer Financing Exemption, plus a concurrent US$4M offering of subscription receipts to Uranium Energy Corp. The total offering is expected to reach US$10M, with proceeds allocated to capital commitments for the West Slope Project, Velvet-Wood Project, Slick Rock Project, and Shootaring Canyon Mill. The offering requires TSXV and NASDAQ approvals, as well as disinterested shareholder approval of Uranium Energy as a control person.

12/24/2025, 4:56 PM • GlobeNewswire

Anfield Energy Announces $7,000,000 Non-Brokered LIFE Offering of Common Shares and Concurrent $7,000,000 Non-Brokered Private Placement of Subscription Receipts

Anfield Energy announced a $14 million capital raise consisting of a $7 million LIFE offering of common shares and a concurrent $7 million private placement of subscription receipts to Uranium Energy Corp. The proceeds will fund capital commitments to uranium and vanadium projects including West Slope, Velvet-Wood, Slick Rock, and Shootaring Canyon Mill. The offering is subject to regulatory approvals from TSXV and NASDAQ, with an expected close on or about December 31, 2025.

12/24/2025, 7:00 AM • GlobeNewswire

Anfield Energy Announces JD-8 Mine Restart Application Passes Initial Completeness Review with Colorado DRMS

Anfield Energy's permitting application to restart the JD-8 uranium and vanadium mine in Colorado has passed the initial completeness review by the Colorado Division of Reclamation, Mining and Safety. The company targets approval and production restart in the second half of 2026, leveraging its 100%-owned Shootaring Canyon mill and existing underground workings.

12/22/2025, 7:00 AM • GlobeNewswire