Anfield Energy shareholders approve Uranium Energy as control person

Anfield Energy Inc. (NASDAQ: AEC) announced that shareholders voted at a special meeting on February 27, 2026, to approve Uranium Energy Corp. as a control person of the company.

The shareholders also approved the issuance of 896,861 common shares to UEC Energy Corp., a wholly-owned subsidiary of Uranium Energy, upon conversion of subscription receipts. The company stated it has issued these shares to UEC following satisfaction of the required conditions.

The vote excluded common shares beneficially owned by Uranium Energy, as required by TSX Venture Exchange policies. The approval required a simple majority of votes cast by disinterested shareholders, excluding votes from shares held by Uranium Energy and its associates and affiliates.

The special meeting connected to Anfield's previous private placement of 896,861 subscription receipts issued to UEC in January 2026. Each subscription receipt entitled UEC to receive one common share without additional payment once the escrow release conditions were met.

Anfield required approval from the TSX Venture Exchange for Uranium Energy's participation through its subsidiary in the offering. The exchange's policies mandated shareholder approval of Uranium Energy as a control person.

Anfield describes itself as a uranium and vanadium development company. The company trades on NASDAQ, TSX Venture Exchange, and Frankfurt Stock Exchange.

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