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News  ›  GlobeNewswire Inc.

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

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Anfield Energy Inc.
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.

Insights
WH   negative

Accused of making false public statements, failing to deliver on commitments, and potentially misleading investors and partners


UEC   positive

Uranium Energy's commitment to invest up to $7 million in Anfield Energy through subscription receipts indicates strategic interest in uranium and vanadium assets, positioning itself as a significant stakeholder in Anfield's project portfolio.