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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.