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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
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNIT...
About this update from Anfield Energy Inc
[{"type":"text","content":"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\nTHIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 24, 2025 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (“Anfield” or the “Company”) (TSX.V: AEC; NASDAQ: AEC; FRANKFURT: 0AD) is pleased to announce a non-brokered private placement offering of up to 1,120,000 common shares in the capital of the Company (the “LIFE Shares”) at a price of $6.25 per LIFE Share (the “Issue Price”) for gross proceeds to the Company of up to $7,000,000 (the “LIFE Offering”), with the LIFE Shares to be issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption”). The Company also announces that Uranium Energy Corp. (“Uranium Energy”) has indicated an intention to subscribe for up to 1,120,000 subscription receipts of the Company (the “Subscription Receipts”) at the Issue Price in a concurrent non-brokered private placement (the “Concurrent Offering”, and together with the LIFE Offering, the “Offering”) for gross proceeds to the Company of up to $7,000,000. As a result, the total gross proceeds from the Offering are expected to be up to $14,000,000. Each Subscription Receipt will entitle Uranium Energy to receive, upon satisfaction of the Escrow Release Conditions (as defined below) on or prior to 5:00 p.m. (Vancouver time) on March 31, 2026 or such other date as may be agreed to in writing by the Company and Uranium Energy (the “Escrow Release Deadline”), one (1) common share in the capital of the Company (each, a “Common Share”), without payment of additional consideration and without further action on the part of Uranium Energy. The Company requires the approval of the TSX Venture Exchange (“TSXV”) of Uran...