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Anfield Energy Secures C$15 Million Financing to Propel Strategic Projects

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Anfield Energy Secures C$15 Million Financing to Propel Strategic Projects

Anfield Energy Inc ( (TSE:AEC) ) has issued an update.

Anfield Energy Inc. announced the completion of a C$15 million equity financing with Uranium Energy Corp acquiring a significant shareholding. The funds will be used for advancing key projects, including the reactivation of the Shootaring Canyon Mill and operations for the Velvet-Wood mine, as well as pursuing a US stock exchange listing, marking a strategic move to enhance its operational capabilities and market presence.

More about Anfield Energy Inc

Anfield Energy Inc. is a uranium and vanadium development and near-term production company focused on becoming a leading supplier of energy-related fuels through sustainable growth. It is publicly traded on the TSX Venture Exchange, the OTCQB Marketplace, and the Frankfurt Stock Exchange.

YTD Price Performance: 0.0%

Average Trading Volume: 1,416,140

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$93.08M

Find detailed analytics on AEC stock on TipRanks’ Stock Analysis page.

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