Anfield Energy initiated Buy at Roth as 'America's next conventional uranium miner' (AEC:NASDAQ)

Anfield Energy (AEC) received approval for a 28.30-acre permit area in Colorado, with a $620,000 reclamation bond required. The DOE accepted the draft EA, advancing the NEPA review. The company targets a Q2 2027 restart, pending further approvals.

Anfield Energy's subsidiary, Highbury, received a recommendation for approval of the JD-8 uranium and vanadium mine permit in Colorado. The final Board hearing is set for October 14-15, 2026. Anfield targets production restart by Q2 2027, subject to approval and operational readiness. The company also plans to advance permitting for JD-7 and Slick Rock mines.

Anfield Energy (TSXV, Nasdaq: AEC) plans to raise $50M to refurbish Utah's Shootaring Canyon mill, aiming for a 2028 reopening. The mill will process uranium and vanadium, reducing U.S. reliance on imports. Capital expenditures are estimated at $80.1M, with flexibility in financing options. The company expects a mill licence by late 2024 or early 2027, unlocking financing and construction. An updated PEA forecasts significant after-tax NPV and IRR, with production from Velvet-Wood and Slick Rock

Anfield Energy Inc. (TSX.V: AEC, NASDAQ: AEC, Frankfurt: 0AD) closed an underwritten public offering of 1,715,000 common shares, including the full option for 233,695 additional shares, at US$4.00 per share for gross proceeds of about US$6.9 million. Net proceeds will fund capital commitments at its Paradox, Velvet-Wood, Slick Rock and Shootaring Canyon Mill projects and general purposes. Uranium Energy Corp. (UEC) bought 625,000 shares for US$2.5 million.

Anfield Energy Inc. (TSX.V: AEC, NASDAQ: AEC, Frankfurt: 0AD) priced a US$6.0 million underwritten public offering of 1,491,305 common shares at US$4.00 each, with an over-allotment option for up to 223,695 additional shares. Net proceeds will fund capital commitments and working capital. Closing expected July 31, 2026.

AST SpaceMobile (ASTS) announced plans to build its own reusable rocket, Blacklift, for launching satellites starting in late 2028. Firefly Aerospace (FLY) will supply engines, valued at over $1.3B. ASTS shares rose 7.05%, while FLY surged 36.8%. The deal includes $800M upfront, including ASTS shares, and adds to ASTS's cash burn and dilution.