Uranium Energy Corp Increases Holdings in Anfield Energy.

Uranium Energy Corp has acquired 170 million common shares of Anfield Energy Inc. for $19.55 million, increasing its ownership to 32.4% of outstanding shares on a non-diluted basis and 37.6% on a partially diluted basis. The acquisition was made at a price of $0.115 CAD per share.

Uranium Energy Corp (NYSE American: UEC) has expanded its holdings in Anfield Energy Inc. (TSX-V: AEC) by acquiring 170 million common shares for a total consideration of $19.55 million CAD. The acquisition was completed at a price of $0.115 CAD per share [1].

Prior to the acquisition, UEC held approximately 203 million Anfield shares and 96 million share purchase warrants. The purchase of 170 million shares increased UEC's beneficial ownership and control to 373 million shares, representing approximately 32.4% of the outstanding shares on a non-diluted basis and 37.6% on a partially diluted basis, after accounting for the exercise of Anfield's warrants [1].

The acquisition was made under the "private agreement exemption" of National Instrument 62-104, ensuring compliance with Canadian securities regulations. UEC has filed an early warning report under Anfield's profile at SEDAR+ in connection with the acquisition [1].

References:
[1] https://www.morningstar.com/news/pr-newswire/20250620va15254/uranium-energy-corp-increases-holdings-in-anfield-energy