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Anfield Energy (NASDAQ: AEC) investors back Uranium Energy as control person

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(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Anfield Energy Inc. reports that its shareholders have approved Uranium Energy Corp. as a control person of the company and the issuance of 896,861 common shares to UEC Energy Corp., Uranium Energy’s wholly owned subsidiary. These shares were issued upon conversion of previously sold subscription receipts after escrow conditions were satisfied, following approval by disinterested shareholders at a special meeting and clearance under TSX Venture Exchange policies. This step formalizes Uranium Energy’s significant ownership position and completes the related private placement structure.

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Insights

Shareholders formalize Uranium Energy as a control person via escrowed share issuance.

Anfield Energy’s disinterested shareholders approved Uranium Energy Corp. as a control person and the issuance of 896,861 common shares to its subsidiary UEC. The vote followed TSX Venture Exchange requirements and excluded Uranium Energy’s own holdings from the tally.

This outcome completes a non-brokered private placement of 896,861 subscription receipts, each converting into one common share once escrow conditions were met. The structure indicates a negotiated capital relationship, with ownership thresholds governed by TSXV rules for control persons and related parties.

The change consolidates Uranium Energy’s role as a key stakeholder in Anfield. Future company filings may outline how this governance and ownership structure interacts with Anfield’s uranium and vanadium development plans and any subsequent financing or strategic transactions.

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission File Number: 001-42808

Anfield Energy Inc.
(Translation of registrant's name into English)

2005-4390 Grange Street, Burnaby, British Columbia, Canada, V5H 1P6
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [   ]      Form 40-F [ X ]

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

      Anfield Energy Inc.    
  (Registrant)
   
  
Date: March 2, 2026     /s/ Corey Dias    
  Corey Dias
  Chief Executive Officer
  


EXHIBIT INDEX

 

Exhibit Number Description
  
99.1 Press Release dated March 2, 2026

EXHIBIT 99.1

Anfield Energy Announces Shareholder Approval at Special Shareholder Meeting of Uranium Energy Corp. as a Control Person

VANCOUVER, British Columbia, March 02, 2026 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC; NASDAQ: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”), announces that the shareholders of the Company considered and voted at the special meeting of shareholders held on February 27, 2026 (the “Special Meeting”) to approve Uranium Energy Corp. (“Uranium Energy”) as a control person of the Company and the issuance by the Company to UEC Energy Corp. (“UEC”), a wholly-owned subsidiary of Uranium Energy, of 896,861 common shares in the capital of the Company, (each, a “Subscription Receipt Share”) upon conversion of certain Subscription Receipts (as defined below) issued by the Company to UEC, following satisfaction of the Escrow Release Conditions (as defined below), all as described in more detail in the Company’s management information circular dated January 27, 2026. The common shares of Anfield (the “Common Shares”) beneficially owned by Uranium Energy were excluded from the vote as required by the TSX Venture Exchange (“TSXV”). The Company also announces that it has issued the 896,861 Subscription Receipt Shares to UEC.

The Special Meeting was held in connection with Company’s previous non-brokered private placement of 896,861 subscription receipts of the Company (the “Subscription Receipts”) issued to UEC (the “Offering”) (see news release dated January 12, 2026). Each Subscription Receipt entitled UEC to receive, upon satisfaction of the Escrow Release Conditions one (1) Subscription Receipt Share, without payment of additional consideration and without further action on the part of UEC. The Company required the approval of the TSXV of the participation of Uranium Energy, through its wholly-owned subsidiary, UEC, in the Offering and, pursuant to the policies of the TSXV, the approval of the disinterested shareholders of the Company of Uranium Energy as a “Control Person” of the Company (as such term is defined by the policies of the TSXV) by at least a simple majority of the votes cast at the Special Meeting, excluding votes attached to Common Shares held by Uranium Energy and its “Associates” and “Affiliates” (as such terms are defined by the policies of the TSXV) (the “Escrow Release Conditions”).

About Anfield

Anfield is a uranium and vanadium development company that is committed to becoming a top-tier energy-related fuels supplier by creating value through sustainable, efficient growth in its assets. Anfield is a publicly traded corporation listed on the NASDAQ (AEC-Q), the TSXV (AEC-V) and the Frankfurt Stock Exchange (0AD).

On behalf of the Board of Directors

ANFIELD ENERGY INC.
Corey Dias, Chief Executive Officer

Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Contact:
Anfield Energy, Inc.
Corporate Communications
604-669-5762
contact@anfieldenergy.com
www.anfieldenergy.com

This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as “plans”, “expects”, “estimates”, “intends”, “anticipates”, “believes” or variations of such words, or statements that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved”. The forward-looking statements contained herein may include. Forward-looking statements are based on the Company’s current beliefs and assumptions as to the outcome and timing of future events. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, among other things: the risk that the Subscription Receipt Shares may not be issued as contemplated or at all, the risks and uncertainties relating to exploration and development, the ability of the Company to obtain additional financing, the need to comply with environmental and governmental regulations in Canada and the United States, fluctuations in the prices of commodities, operating hazards and risks, competition and other risks and uncertainties and other such factors as are set forth in the annual information form for the Company’s most recently completed year end, as well as the management discussion and analysis and other disclosures of risk factors for the Company, filed on SEDAR+ at www.sedarplus.ca. Although the Company believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

FAQ

What did Anfield Energy (AEC) shareholders approve at the special meeting?

Shareholders approved Uranium Energy Corp. as a control person and the issuance of 896,861 Anfield common shares to UEC Energy Corp. This followed satisfaction of escrow release conditions tied to earlier-issued subscription receipts and complied with TSX Venture Exchange voting requirements for disinterested shareholders.

How many Anfield Energy shares were issued to UEC Energy Corp.?

Anfield Energy issued 896,861 common shares to UEC Energy Corp. upon conversion of an equal number of subscription receipts. Each subscription receipt entitled UEC to one share once escrow release conditions were met, without additional payment or further action from UEC.

Why was Uranium Energy’s existing Anfield ownership excluded from the vote?

Common shares of Anfield beneficially owned by Uranium Energy were excluded from the control-person vote under TSX Venture Exchange rules. TSXV policies require that approval of a control person come from disinterested shareholders, excluding shares held by the proposed control person, its associates, and affiliates.

What were the escrow release conditions for Anfield’s subscription receipts?

The escrow release conditions included TSX Venture Exchange approval of Uranium Energy’s participation and disinterested shareholder approval of Uranium Energy as a control person. Once these conditions were satisfied, each subscription receipt automatically converted into one common share for UEC, without further consideration or action.

How did Anfield Energy structure the financing with UEC Energy Corp.?

Anfield completed a non-brokered private placement of 896,861 subscription receipts to UEC Energy Corp. Each subscription receipt converted into one common share after escrow release conditions were met. This structure tied financing completion to regulatory and shareholder approvals under TSX Venture Exchange policies.

On which exchanges is Anfield Energy’s stock listed?

Anfield Energy is listed on the NASDAQ under symbol AEC-Q, the TSX Venture Exchange under symbol AEC-V, and the Frankfurt Stock Exchange under symbol 0AD. These multiple listings provide access to North American and European investors in the uranium and vanadium development space.

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