$AEC

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 completed its first underground blast at the Velvet-Wood uranium and vanadium project in Utah, marking a key milestone in the project's rehabilitation. The company has rehabilitated 700 feet of the decline and is nearing completion of a water treatment plant. Anfield expects to begin testing the plant soon and plans to dewater the historic workings within a few months. The project is part of Anfield's strategy to develop domestic uranium and vanadium resources, supported by state

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.

Anfield Energy Inc. (NASDAQ: AEC) said its subsidiary Highbury Resources signed a July 1, 2026 mining lease with Gold Eagle Mining for two additional patented claims in southwestern Colorado. The claims expand land for the JD-5 and Slick Rock projects and will be used in mine design and permitting. The lease is perpetual, royalty-free, with annual property taxes and liability insurance paid by Highbury.