Core Viewpoint - Anfield Energy Inc. has received approval from the U.S. Department of the Interior for its Velvet-Wood uranium project, marking a significant step in the U.S. government's efforts to enhance domestic energy security and reduce reliance on foreign sources [1][2][7]. Group 1: Project Approval and Significance - The Velvet-Wood project is the first uranium initiative prioritized under new emergency procedures aimed at expediting environmental reviews for critical energy infrastructure, with the Bureau of Land Management completing its review in less than 14 days [2][7]. - U.S. Secretary of the Interior Doug Burgum emphasized that this approval represents a pivotal moment in securing America's mineral future and reducing dependence on foreign adversaries [2][7]. - The approval aligns with a series of Executive Orders signed by President Trump to revitalize the nuclear industrial base, focusing on various aspects such as the nuclear fuel cycle and domestic supply chain [2][3]. Group 2: Economic Assessment and Production Potential - The combined Preliminary Economic Assessment (PEA) for the Velvet-Wood and Slick Rock projects indicates a pre-tax NPV at 8% of US$238 million and an internal rate of return (IRR) of 40%, based on uranium and vanadium prices of US$70 per pound and US$12 per pound, respectively [4][5]. - Anfield's portfolio, including the Shootaring Canyon mill, positions the company as a key contributor to U.S. energy security, with the U.S. consuming nearly 50 million pounds of uranium annually while producing less than 1% domestically [5][12]. Group 3: Strategic Positioning and Future Plans - Anfield is pursuing a NASDAQ listing as part of its strategy to advance U.S. production capabilities [6]. - The company has a comprehensive portfolio of uranium assets located in the U.S., including the Velvet-Wood project, which is well-suited for accelerated development due to its past production history and minimal environmental impact [3][11][13]. - The Velvet-Wood mine, acquired from Uranium One in 2015, has historical production of approximately 4 million pounds of U3O8 and 5 million pounds of V2O5, showcasing its potential for future output [8][10].

Core Viewpoint - Anfield Energy Inc. has been selected for expedited permitting of its Velvet-Wood uranium project in Utah, marking a significant step in the U.S. government's efforts to enhance domestic energy security and reduce reliance on foreign uranium sources [1][2][7]. Summary by Relevant Sections Project Overview - The Velvet-Wood uranium project is the first to be prioritized under new emergency procedures aimed at accelerating the environmental review process for critical energy infrastructure, with the Bureau of Land Management directed to complete its review within 14 days [2][7]. - Anfield acquired the Velvet-Wood mine from Uranium One in 2015, and historical production from 1979 to 1984 yielded approximately 4 million pounds of U3O8 and 5 million pounds of V2O5 from 400,000 tons of ore [4][6]. Mineral Resources - Current mineral resources for the Velvet-Wood project are estimated at 4.6 million pounds of eU3O8 at a grade of 0.29% (measured and indicated resource) and 552,000 pounds of eU3O8 at a grade of 0.32% (inferred resource) [5][12]. - The vanadium-to-uranium ratio in the resources is 1.4 to 1 [5]. Strategic Positioning - Anfield's assets are entirely located in the U.S., including the Shootaring Canyon mill, one of only three licensed conventional uranium mills in the country, positioning the company to meet the growing domestic nuclear fuel needs [2][9]. - The U.S. consumes nearly 50 million pounds of uranium annually but produces less than 1% domestically, highlighting the importance of projects like Velvet-Wood in enhancing energy independence [2]. Future Plans - The company is pursuing a NASDAQ listing as part of its strategy to advance U.S. production [3]. - Anfield aims to play a significant role in rebuilding America's domestic uranium and vanadium supply chain, reducing reliance on imports from countries like Russia and China [2][6].

Core Viewpoint - Anfield Energy Inc. is positioned to benefit from U.S. government initiatives aimed at boosting domestic uranium production through Executive Orders, enhancing investor interest and production prospects for the company [1][6]. Group 1: Executive Orders and Their Implications - The U.S. government has established the National Energy Dominance Council (NEDC) to develop strategies for increasing domestic energy production, including uranium [2]. - An Executive Order aims to enhance American mineral production by streamlining permitting processes and prioritizing strategic projects, particularly in uranium mining [3]. - Another Executive Order focuses on expanding energy and critical mineral production, mandating a review of regulations that may hinder energy development, including those related to uranium [4]. Group 2: Anfield's Strategic Position - Anfield Energy is pursuing a NASDAQ listing and has uranium assets located in the U.S., including one of only three licensed and constructed conventional uranium mills in the country [6]. - The company aims to contribute to the U.S. domestic uranium supply, which currently relies on imports for nearly 99% of its annual consumption of approximately 50 million pounds [6]. - Anfield has submitted a Plan of Operations for its Velvet-Wood uranium project in Utah, expecting approval by the end of 2025, and is working to upgrade its Shootaring mill's production capacity from 1 million pounds to 3 million pounds per year [7]. Group 3: Economic Assessment - The combined Preliminary Economic Assessment (PEA) for Anfield's Slick Rock and Velvet-Wood projects indicates a pre-tax NPV of $238 million and an IRR of 40%, based on U3O8 and V2O5 prices of $70 per pound and $12 per pound, respectively [8].

VANCOUVER, British Columbia, April 22, 2025 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) ("Anfield" or "the Company") announces that it has submitted both its listing application to the Nasdaq Stock Market LLC ("NASDAQ") and the accompanying Form 20-F Registration Statement to the Securities Exchange Commission ("SEC"). This follows completion of key requirements related to the applications, including: 1) the issuance of the Company's 2024 audited financial statements a ...