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Anfield Energy Inc ( (TSE:AEC) ) has issued an announcement.
Anfield Energy has amended the terms of its previously announced non-brokered financing to comprise a US$6 million listed issuer financing exemption offering of up to 1,345,292 common shares at US$4.46 per share, alongside a concurrent US$4 million private placement of subscription receipts to Uranium Energy Corp., for total potential gross proceeds of up to US$10 million. Each subscription receipt will convert into one common share upon satisfaction of escrow release conditions, including TSX Venture Exchange approval of Uranium Energy’s participation and disinterested shareholder approval of Uranium Energy as a Control Person, with closing targeted on or about January 7, 2026; net proceeds are earmarked for capital commitments at the West Slope, Velvet-Wood and Slick Rock projects, the Shootaring Canyon Mill, and for general corporate purposes, reinforcing Anfield’s funding position while navigating related-party and minority shareholder protections under Canadian securities rules.
Spark’s Take on TSE:AEC Stock
According to Spark, TipRanks’ AI Analyst, TSE:AEC is a Underperform.
Anfield Energy Inc. struggles with significant financial issues, including ongoing losses and negative cash flows, which are major detractors from its stock score. The technical analysis indicates bearish trends, further limiting its attractiveness. Despite these challenges, recent strategic corporate events provide some positive outlook for potential growth. However, negative valuation metrics and the lack of earnings growth weigh heavily against the stock’s overall appeal.
To see Spark’s full report on TSE:AEC stock, click here.
More about Anfield Energy Inc
Anfield Energy Inc. is a Vancouver-based uranium company listed on the TSX Venture Exchange, Nasdaq and Frankfurt, focused on advancing a portfolio of U.S. uranium assets including the West Slope, Velvet-Wood and Slick Rock projects, as well as the Shootaring Canyon Mill. The company is engaged in developing and potentially restarting production and processing capacity within the U.S. uranium sector.
Average Trading Volume: 58,747
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$98.76M
See more data about AEC stock on TipRanks’ Stock Analysis page.