Anfield Energy Closes US$6.9 million Underwritten Public Offering

Anfield Energy successfully closed an underwritten public offering of 1,715,000 common shares at US$4.00 per share, raising US$6.9 million in gross proceeds. The offering was led by Northland Capital Markets and Roth Capital Partners, with strategic investor Uranium Energy Corp. participating through its subsidiary UEC Energy Corp., purchasing 625,000 shares for US$2.5 million. Anfield plans to use the net proceeds for capital commitments to its uranium and vanadium projects including the Paradox Complex, Velvet-Wood Project, Slick Rock Complex, and Shootaring Canyon Mill.