Uranium Energy Corp (UEC) announced on June 20, 2025, that it acquired an additional 170,000,000 common shares of Anfield Energy Inc. through a private agreement. The acquisition was made at a price of C$0.115 per share, totaling C$19,550,000.
Immediately following this transaction, UEC's beneficial ownership, control, and direction over Anfield Shares increased significantly. The company now holds a total of 373,415,775 Anfield Shares, representing approximately 32.4% of the outstanding Anfield Shares on a non-diluted basis.
On a partially diluted basis, after assuming the exercise of all 96,272,918 Anfield Warrants held by UEC, the company's stake in Anfield Energy Inc. stands at approximately 37.6%. UEC stated that these shares were acquired for investment purposes, further solidifying its strategic position in Anfield.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.