Anfield Energy Inc. Provides Further Update on Proposed Plan of Arrangement
02 January 2025 - 11:00PM
Anfield Energy Inc.
(TSX.V: AEC; OTCQB: ANLDF; FRANKFURT:
0AD) (“Anfield” or the “Company”) announces that, further
to the Company’s press release dated December 16, 2024, the British
Columbia Court of Appeal will hear the Company’s appeal on January
27th and 28th, 2025. The Company is appealing the decision of the
British Columbia Supreme Court requiring the Company to have
another shareholder meeting to consider the proposed Plan of
Arrangement with IsoEnergy Ltd. (the “Arrangement”) following the
publication of the financing offer from Uranium Energy Corp.
(“UEC”).
Anfield continues to believe that the
Arrangement represents compelling value for all Anfield
shareholders.
The Company has also received notice from UEC
that it has extended its offer to subscribe for 107,142,857 common
shares of Anfield at a price of C$0.14 per share until January 10,
2025. The financing offer remains subject to the Arrangement being
terminated.
About
Anfield
Anfield is a uranium and vanadium
development and near-term production company that is committed to
becoming a top-tier energy-related fuels supplier by creating value
through sustainable, efficient growth in its
assets. Anfield is a publicly traded corporation listed
on the TSX Venture Exchange (AEC-V), the OTCQB Marketplace (ANLDF)
and the Frankfurt Stock Exchange (0AD).
On behalf of the Board of Directors
ANFIELD ENERGY INC.Corey Dias, Chief Executive
Officer
Contact:
Anfield
Energy, Inc.Corey Dias, Chief
Executive OfficerClive Mostert, Corporate
Communications780-920-5044contact@anfieldenergy.com
www.anfieldenergy.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release. No securities
regulatory authority has either approved or disapproved of the
contents of this news release.
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