Anfield Announces Special Shareholder Meeting and Mailing of Related Documents in Pursuit of NASDAQ Listing
Head Office:
4390 Grange Street, Suite 2005
Burnaby, B.C. V5H 1P6
www.anfieldenergy.com
Office: 604.669.5762
Fax: 604.608.4804
Anfield Announces Special Shareholder Meeting and Mailing
of Related Documents in Pursuit of NASDAQ Listing
VANCOUVER, British Columbia, March 10, 2025 – Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF;
FRANKFURT: 0AD) (“Anfield” or “the Company”) announce s that it has filed notice of a meeting of
shareholders, a management information circular, and related documents (collectively, the “Meeting
Materials”) to convene a special meeting (the “Meeting”) of shareholders. The Meeting will take place
on March 31, 2025 at 10:00 AM (Vancouver Time). Copies of the Meeting Materials are available for
review under the profile for the Company on SEDAR+ (www.sedarplus.ca) and on Anfield’s corporate
website (https://anfieldenergy.com).
The Meeting has been convened to seek shareholder approval for a consolidation (the “Consolidation”)
of the Company’s common shares (“Shares”) on the basis of one new Share for up to 200 currently
issued and outstanding Shares, or such lesser ratio as the directors may deem appropriate . The
Company currently has 1,141,372,490 Shares outstanding and, if the Consolidation was completed at
the maximum ratio, it would have approximately 5,706,862 Shares outstanding following completion.
The Consolidation is being pursued as a necessary step to qualify for the listing of Anfield’s shares on
The Nasdaq Stock Market LLC (“NASDAQ”) . In addition to convening the Meeting and pursuing the
Consolidation, Anfield has taken the following steps:
1) Engaged US counsel to prepare a US registration statement and NASDAQ listing application;
2) Directed Anfield’s auditors to both complete their audit of the Company’s 2024 financial
statements and review the Company’s 2023 financial statements under US PCAOB standards; and
3) Directed the completion of technical reports for the Velvet- Wood, Slick Rock and West Slope
projects under US SK 1300 standards.
Corey Dias, Anfield’s CEO commented: “We are very pleased to advance our pursuit of a NASDAQ
listing. Upon receiving approval from shareholders for the Consolidation, our aim is to complete the
above steps within the next 30 days in order to advance our application to the NASDAQ. With all of
Anfield’s assets located in the United States, and with the United States having the largest installed
nuclear reactor base worldwide but producing less than 1% of required uranium, we believe the
Company is well positioned to attract additional US investor interest.”
Readers are cautioned that while the Company intends to pursue a listing on NASDAQ at this time, it
has not yet submitted an application for listing, and completion of a listing is subject to regulatory
approvals and the satisfaction of applicable listing requirements. There can be no assurance that a
listing will be completed, and the Company may elect not to proceed with a listing at any time. In the
event a listing is completed it is contemplated that the Shares would continue to trade in Canada on
the TSX Venture Exchange.
Assuming shareholder approval for the Consolidation is received, completion of the Consolidation
remains subject to the board of directors determining a final ratio, the satisfaction of applicable public
distribution requirements and the approval of the TSX Venture Exchange. Completion of the
Consolidation is not contingent upon completion of a listing on NASDAQ, and the Company may elect
to complete the Consolidati on in advance of any listing. The name of the Company, and its existing
ticker symbol, are not expected to change in connection with the Consolidation.
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 Officer
Corporate Communications
604-699-5762
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.
Cautionary Statement Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian
securities legislation. “Forward-looking information” includes, but is not limited to, statements with
respect to the activities, events or developments that the Company expects or anticipates will or may
occur in the future, including the anticipated completion of the Consolidation and the pursuit of a listing
on a US stock exchange.
Generally, but not always, forward-looking information and statements can be identified by the use of
words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”,
“intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and
phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”,
“occur” or “be achieved” or the negative connotation thereof.
Such forward-looking information and statements are based on numerous assumptions, including among
others, that the Company will receive shareholder approval for the Consolidation; that the Company will
receive regulatory approval for the Consolidation; and that the Company will be able to pursue a listing
on a US stock exchange. Although the assumptions made by the Company in providing forward-looking
information or making forward-looking statements are considered reasonable by management at the
time, there can be no assurance that such assumptions will prove to be accurate.
There can be no assurance that such statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such statements. Important factors that could
cause actual results to differ materially from the Company’s plans or expectations include the risk that the
Company may not use the proceeds of the Equity Financing as currently anticipated; that the Company
may not receive regulatory approval with respect to the Equity Financing; the risk that the Company may
not have the resources, or may otherwise be unable to pursue a listing on a US stock exchange ; risks
relating to the actual results of the Company’s operational activities, fluctuating commodity prices,
availability of capital and financing, general economic, market or business conditions, regulatory changes,
timeliness of government or regulatory approvals and other risks detailed herein and from time to time in
the filings made by the Company with securities regulators.
Although the Company has attempted to identify important factors that could cause actual results to
differ materially from those contained in the forward-looking information or implied by forward-looking
information, there may be other factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that forward-looking information and statements will prove to be accurate, as
actual results and future events could differ materially from those anticipated, estimated or i ntended.
Accordingly, readers should not place undue reliance on forward-looking statements or information.
The Company expressly disclaims any intention or obligation to update or revise any forward- looking
statements whether as a result of new information, future events or otherwise except as otherwise
required by applicable securities legislation. We seek safe harbor.