Mr. Corey Dias reports

ANFIELD ENERGY INC. ANNOUNCES SHAREHOLDER APPROVAL OF PLAN OF ARRANGEMENT

Anfield Energy Inc.'s proposed plan of arrangement between the company and IsoEnergy Ltd. was approved at the company's special meeting of shareholders held on Dec. 3, 2024.

The resolution approving the arrangement was required to be passed by: (i) the affirmative vote of at least two-thirds of the votes cast by Anfield shareholders present in person or represented by proxy and entitled to vote at the meeting; and (ii) a simple majority of the votes cast by shareholders present in person or represented by proxy at the meeting and entitled to vote at the meeting, excluding votes held by persons described in items (a) through (d) of Section 8.1(2) of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions), being the votes held by Corey Dias, Joshua Bleak and Ken Mushinski. The hearing of the application for a final order in respect of the arrangement is scheduled for Dec. 6, 2024, or as soon thereafter as the application can be heard. Closing of the arrangement remains subject to customary closing conditions, including receipt of court and stock exchange approvals. Subject to the satisfaction of these closing conditions, the parties currently expect to complete the arrangement in December, 2024.

Anfield is also pleased to announce that the parties have received written notice from the Committee on Foreign Investment in the United States that it has concluded its review of the arrangement and determined that there are no unresolved national security concerns with respect to the arrangement.

About Anfield Energy Inc.

Anfield is a uranium and vanadium development and near-term production company that is committed to becoming a top-tier energy-related fuel supplier by creating value through sustainable, efficient growth in its assets. Anfield is a publicly traded corporation listed on the TSX Venture Exchange (AEC), the OTCQB marketplace (ANLDF) and the Frankfurt Stock Exchange (0AD).

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