Anfield Provides Update on Share Consolidation in Preparation for Listing on NASDAQ
Head Office:
4390 Grange Street, Suite 2005
Burnaby, B.C. V5H 1P6
www.anfieldenergy.com
Office: 604.669.5762
Fax: 604.608.4804
Anfield Provides Update on Share Consolidation
in Preparation for Listing on NASDAQ
VANCOUVER, British Columbia, July 30, 2025 – Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF;
FRANKFURT: 0AD) (“Anfield” or the “Company”) announces in preparation of the listing of its common
shares on The Nasdaq Stock Market LLC (“NASDAQ”), the Company will undertake a consolidation (the
“Consolidation”) of its outstanding common share capital on the basis of one (1) post -Consolidation
share for every seventy-five (75) pre-Consolidation shares. The Consolidation was previously approved
by shareholders of the Company at the special meeting (the “Meeting”) held on March 31, 2025.
Corey Dias, Anfield CEO states: “We are very pleased to take the next step towards NASDAQ inclusion
via a share consolidation. Following 16 consecutive days of trading on the U.S. Over-The Counter (OTC)
Market in order for the Company to demonstrate compliance with trading volume requirements , we
expect NASDAQ will complete its final review within three to four business days. In the meantime, we
continue to advance our portfolio of uranium and vanadium assets in an environment which is
extremely conducive to supporting U.S.-based energy production.
Statistics provided by NASDAQ show that a company’s average daily volume of trade on the NASDAQ
in the first twelve months of listing is roughly eighteen times higher than the twelve-month pre-
NASDAQ average trading volume on the OTC. On the Canadian side of the market, the twelve-month
average daily volume increase from pre- to post-NASDAQ listing is roughly 80%.”
Effective at the open of markets on August 1, 2025, the common shares of the Company will commence
trading on a post -Consolidation basis under the existing ticker symbol “AEC” and the new CUSIP
03464C205. As of the date of this news release, the Company has 1,173,490,049 common shares
issued and outstanding. Following completion of the Consolidation, the Company is expected to have
approximately 15,646,534 common shares issued and outstanding. The exercise terms of the
Company’s outstanding options and warrants will also be proportionally adjusted upon completion of
the Consolidation. The series of warrants currently listed for trading on the TSX Venture Exchange
under the ticker symbol “AEC.WT” will also be adjusted for the Consolidation such that seventy -five
(75) warrants, and a payment of $13.50, will now be required in order for a holder to receive one (1)
post-Consolidation common share upon exercise.
A letter of transmittal will be mailed to registered shareholders once the Consolidation has taken
effect. The letter of transmittal contains instructions on how registered shareholders can exchange
their share certificates evidencing their pre -Consolidation shares for new share certificates
representing the number of post-Consolidation shares to which they are entitled.
Beneficial shareholders holding their shares through a brokerage may be subject to different
procedures for obtaining their post -Consolidation shares. If shareholders have any questions in this
regard, they are encouraged to contact their respective brokerage or intermediary.
Readers are cautioned that while the Company has submitted an application for listing on NASDAQ ,
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 in the event a listing is
completed it is contemplated that the common sh ares of the Company would continue to trade in
Canada on the TSX Venture Exchange.
For further information concerning the Consolidation, readers are encouraged to review the
management information circular prepared by the Company in connection with the Meeting, a copy of
which is available under the profile for the Company on SEDAR+ (www.sedarplus.ca).
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 Nasdaq.
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 regulatory approval for the Consolidation; the effective date for the
Consolidation and that the Company will be able to pursue a listing on Nasdaq. 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 complete the Consolidation within the expected timeframe; that the Company may not
receive regulatory approval from NASDAQ to complete the listing; 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.