Uranium Energy Corp Increases Holdings in Anfield Energy

Core Viewpoint - Uranium Energy Corp has completed the acquisition of 107,142,857 common shares of Anfield Energy Inc for a total consideration of $10.46 million, increasing its ownership stake in Anfield to approximately 17.8$0.14 per share (Canadian dollars) [3]. - Prior to the acquisition, the company owned 96,272,918 Anfield Shares and an equal number of share purchase warrants, representing approximately 9.3% of Anfield's outstanding shares on a non-diluted basis [4]. Ownership and Control - Following the acquisition, the company holds a total of 203,415,775 Anfield Shares, which gives it beneficial ownership and control over approximately 17.8% of Anfield's outstanding shares on a non-diluted basis [3]. - The company has committed not to exercise its warrants to avoid becoming a "Control Person" of Anfield without the necessary approvals [5]. Future Intentions - The shares were acquired for investment purposes, and the company will continue to monitor Anfield's business and financial condition, with the potential to adjust its ownership stake in the future [5]. Regulatory Compliance - An early warning report has been filed under Anfield's profile at SEDAR+ in accordance with Canadian regulations [6]. Company Overview - Uranium Energy Corp is recognized as America's largest and fastest-growing supplier of uranium, focusing on environmentally friendly In-Situ Recovery (ISR) mining projects and high-grade conventional projects in Canada [8]. - The company has a combined licensed production capacity of 12.1 million pounds U3O8 per year across its operations in South Texas and Wyoming [8].