Mr. Corey Dias reports
ANFIELD ENERGY INC. PROVIDES FURTHER UPDATE ON PROPOSED PLAN OF ARRANGEMENT
Further to Anfield Energy Inc.'s press release dated Dec. 16, 2024, the British Columbia Court of Appeal will hear the company's appeal on Jan. 27 and Jan. 28, 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. following the publication of the financing offer from Uranium Energy Corp.
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 14 cents per share until Jan. 10, 2025. The financing offer remains subject to the arrangement being terminated.
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 fuels supplier by creating value through sustainable, efficient growth in its assets. Anfield is publicly traded corporation listed on the TSX Venture Exchange (AEC-V), the OTCQB marketplace (ANLDF) and the Frankfurt Stock Exchange (0AD).
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