Group 1 - Anfield Energy Inc. has received approval to list its common shares on The Nasdaq Capital Market, with trading expected to commence on September 18, 2025, under the symbol "AEC" [1][5] - The listing on NASDAQ is seen as a significant milestone for Anfield, enhancing its profile in the U.S. and providing greater visibility to a broader investor base [2][3] - Anfield holds extensive uranium and vanadium assets in the U.S., including the Shootaring Canyon mill, and is pursuing various production scenarios [3][4] Group 2 - The company is ramping up staffing in Colorado and Utah to advance multiple production-related initiatives, including mine construction at Velvet-Wood and a Q3 drill program at the JD-7 mine [4] - Anfield is committed to a hub-and-spoke production strategy, with 25 mining projects in its portfolio aimed at building a sustainable production pipeline [4] - Existing shareholders will be able to trade the shares on NASDAQ following the completion of the listing [4]

Core Viewpoint - Anfield Energy Inc. has received approval for a drilling program at its JD-7 open pit mine in Colorado, which is part of its strategy to enhance uranium and vanadium resource exploration and production capabilities [1][2][4]. Group 1: Drilling Program Details - The company plans to conduct a 20-hole, 8,000-foot rotary drill program at the JD-7 mine, with drilling expected to start in mid-September and take about two weeks to complete [1]. - The objectives of the drilling program include collecting geological information on uranium mineralization, confirming existing pit resources, and assessing the potential for resource expansion [1]. Group 2: Strategic Developments - Anfield's CEO highlighted the significance of the drill program approval coinciding with the company's upcoming Nasdaq listing and its ongoing efforts to finalize a reactivation plan for the Shootaring mill in Utah [2]. - The proposed amendment to the radioactive materials license aims to increase mill throughput and annual production capacity, facilitating a hub-and-spoke production model for uranium and vanadium [2]. Group 3: Project Pipeline and Future Outlook - The company is advancing its pipeline of uranium and vanadium projects, including the Velvet-Wood mine and the Slick Rock mine, in anticipation of a mill restart in 2027 [3]. - Anfield is encouraged by the U.S. Department of Energy's initiatives to enhance domestic uranium supply chain capacity, which aligns with the company's production goals [4]. Group 4: Historical Production and Resource Estimates - Historical production data for the JD-7 mine indicates a total of 12,441 tons with a uranium grade of 0.186% and vanadium grade of 0.504%, resulting in contained uranium of 46,280 lbs and contained vanadium of 125,410 lbs [6]. - Current mineral resource estimates for the JD-7 mine show 865,000 tons with an indicated uranium grade of 0.196% and vanadium grade of 0.98%, translating to contained uranium of 3,385,000 lbs and contained vanadium of 16,925,000 lbs [6].

Core Viewpoint - Western Uranium & Vanadium Corp. held its Annual General and Special Meeting on June 27, 2025, where shareholders approved all proposed matters, including the re-election of directors and the appointment of a new transfer agent [1][2]. Group 1: Meeting Outcomes - Proxy votes were cast for common shares representing approximately 51% of the issued and outstanding shares as of the record date for the Meeting [2]. - Shareholders re-elected all directors proposed by management: George Glasier, Bryan Murphy, Andrew Wilder, and Michael Skutezky [3]. - MNP LLP was re-appointed as the auditor for the ensuing year, with the board authorized to fix the remuneration of the auditors [4]. Group 2: Management and Committee Appointments - Following the Meeting, management re-appointments were confirmed for George Glasier as President and CEO, Robert Klein as CFO, Michael Rutter as COO, and Denis Frawley as Corporate Secretary [5]. - The newly-elected Board re-appointed Bryan Murphy as Chairman of the Board, Andrew Wilder as Chairman of the Audit Committee, and Michael Skutezky as Chairman of the Governance, Nominating and Compensation Committee, with each committee comprising three independent directors [6]. Group 3: Transfer Agent Appointment - Western Uranium announced the appointment of Odyssey Trust Company as the new registrar and transfer agent, replacing Capital Transfer Agency ULC, with no change to the CUSIP number of the common shares [7]. - Odyssey also replaced CTA as rights agent under the shareholder rights plan agreement dated May 24, 2023, and shareholders need not take action regarding this change [8]. Group 4: Company Overview - Western Uranium & Vanadium Corp. is increasing high-grade uranium and vanadium production at its Sunday Mine Complex, with additional projects in Colorado and Utah, and is developing the Mustang Mineral Processing Site for mined material recovery [9].

Core Insights - Anfield Energy Inc. has filed a Notice of Intent for a 20-hole, 8,000-foot rotary drill program at the JD-7 open pit mine in Colorado to expand its uranium and vanadium production model [1][2] - The drill program aims to collect geological information, confirm existing resources, and assess underground resources [1] - The company is working on reactivating the Shootaring Mill, increasing its throughput and production capacity, which will support the expanded production model [2] Company Developments - Anfield is advancing its uranium and vanadium projects, including the Velvet-Wood mine and the Slick Rock mine, in anticipation of a mill restart in 2027 [3] - The JD-7 mine has historical production data, with 12,441 tons mined at a uranium grade of 0.186% and a vanadium grade of 0.504% [5] - Current mineral resource estimates for JD-7 indicate 865,000 tons at a uranium grade of 0.196% and a vanadium grade of 0.98%, with contained resources of 3,385,000 lbs of uranium and 16,925,000 lbs of vanadium [5][6] Industry Context - The U.S. Administration's commitment to securing domestic energy sources provides Anfield with a pathway to meet domestic uranium demand [4] - Anfield's conventional uranium assets are strategically located within historically prolific uranium production areas in the U.S., including Utah, Colorado, and Arizona [8][9] - The company aims to become a top-tier energy-related fuels supplier through sustainable growth in its assets [8]

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].