tiprankstipranks
Anfield Energy Secures C$26.5 Million Financing and Plans US Exchange Listing
Company Announcements

Anfield Energy Secures C$26.5 Million Financing and Plans US Exchange Listing

Story Highlights

Stay Ahead of the Market:

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

Anfield Energy Inc. has announced a C$26.5 million financing agreement, including a C$15 million strategic equity financing from Uranium Energy Corp and an additional US$8 million credit facility from Extract Advisors LLC. These funds will support Anfield’s plans to list on a senior US stock exchange, advance its uranium and vanadium production initiatives, and potentially reopen certain DOE leases, enhancing its operational and market positioning.

More about Anfield Energy Inc

Anfield Energy Inc. operates within the energy sector with a focus on uranium and vanadium production. The company is involved in mining operations and aims to reactivate its Shootaring mill in Utah, positioning itself in the North American energy market.

YTD Price Performance: -5.56%

Average Trading Volume: 1,481,662

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$87.91M

For an in-depth examination of AEC stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles