Anfield Energy Announces Special Shareholder Meeting and Mailing of Related Documents

Anfield Energy Inc., a uranium and vanadium development company listed on TSXV, NASDAQ and Frankfurt exchanges, has announced a special shareholder meeting scheduled for February 27, 2026 to seek approval for Uranium Energy Corp. to become a control person of the company. This corporate governance matter stems from a US$4 million non-brokered private placement completed in January 2026, where UEC Energy Corp., a subsidiary of Uranium Energy, purchased 896,861 subscription receipts at US$4.46 per receipt.

The transaction structure involves subscription receipts that will convert to common shares upon satisfaction of escrow release conditions, including TSXV approval and disinterested shareholder consent by March 31, 2026. Under TSXV policies, when an entity becomes a control person through investment, approval from shareholders excluding the investor and its affiliates is required by simple majority vote. This regulatory requirement ensures minority shareholders have a voice in significant ownership changes that could affect corporate control dynamics.

For the uranium sector, this transaction represents continued consolidation activity as larger players like Uranium Energy Corp. seek to expand their asset base and development pipeline. Anfield's uranium and vanadium projects gain the backing of an established NYSE American-listed uranium company, potentially providing enhanced development capital and operational expertise. The timing aligns with renewed interest in nuclear fuel supply chains amid global energy security concerns.

The successful completion of this approval process would strengthen Anfield's financial position while positioning the company within Uranium Energy's broader strategic portfolio. For investors, the meeting represents a key milestone that could unlock the US$4 million in development capital while establishing clearer corporate governance under the influence of a larger sector participant.