Anfield Energy closes $6.9M public offering with Uranium Energy

Anfield Energy Inc. (TSX.V: AEC, NASDAQ: AEC, FRANKFURT: 0AD) has closed an underwritten public offering of 1,715,000 common shares at $4.00 per share, raising gross proceeds of $6.9 million, according to a company statement.

The offering includes the full exercise of an underwriters' option to purchase an additional 233,695 shares. Northland Capital Markets and Roth Capital Partners served as joint bookrunners. Underwriter discounts and commissions totaled approximately $261,600.

Uranium Energy Corp. (NYSE: UEC) participated in the offering through its wholly-owned subsidiary UEC Energy Corp., purchasing 625,000 common shares for gross proceeds of $2.5 million. Anfield noted this participation constitutes a related party transaction under TSX Venture Exchange and Canadian securities regulations, though the company said it qualified for exemptions from formal valuation and minority shareholder approval requirements.

Anfield said it intends to use the net proceeds to fund capital commitments to the Paradox Complex, the Velvet-Wood Project, the Slick Rock Complex, and the Shootaring Canyon Mill, as well as for working capital and general corporate purposes.

The offering was made in the United States and across Canadian provinces and territories, excluding Quebec. The underwriting agreement was dated July 30, 2026.

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