Curated News
By: NewsRamp Editorial Staff
June 23, 2025
Uranium Energy Corp Expands Stake in Anfield Energy to 32.4%
TLDR
- Uranium Energy Corp. strengthens its market position by increasing its stake in Anfield Energy Inc. to 32.4%, offering strategic advantages in the uranium sector.
- UEC acquired 170 million shares of Anfield Energy at C$0.115 each, totaling C$19.55 million, under Canada’s private agreement exemption, boosting its ownership to 37.6% on a partially diluted basis.
- UEC's investment in Anfield Energy supports the green energy transition, contributing to a low carbon future through sustainable uranium mining and development.
- Uranium Energy Corp. now controls nearly 37.6% of Anfield Energy, marking a significant move in the uranium industry with potential for future adjustments based on market conditions.
Impact - Why it Matters
This development is significant for investors and the energy sector as it highlights Uranium Energy Corp's strategic moves to secure its position in the uranium market, which is crucial for the global transition to green energy. The increased stake in Anfield Energy not only strengthens UEC's portfolio but also signals confidence in the uranium sector's growth potential, impacting future energy supplies and investment opportunities.
Summary
Uranium Energy Corp (NYSE American: UEC), a leading player in the uranium sector, has significantly bolstered its stake in Anfield Energy Inc. (TSX-V: AEC) to 32.4% on a non-diluted basis, following a strategic acquisition of 170 million common shares for C$19.55 million. This move, executed under Canada's private agreement exemption, underscores UEC's commitment to expanding its influence in the uranium market. Including previously held warrants, UEC's control over Anfield now stands at approximately 37.6% on a partially diluted basis. The acquisition, priced at C$0.115 per share, is part of UEC's broader strategy to strengthen its position as a key supplier in the green energy transition. For more details, the full press release can be accessed here.
Uranium Energy Corp is at the forefront of the uranium industry, with a focus on low-cost, environmentally friendly In-Situ Recovery (ISR) mining projects in the U.S. and high-grade conventional projects in Canada. The company's extensive portfolio includes significant physical uranium holdings, a stake in Uranium Royalty Corp, and a pipeline of resource-stage projects. UEC's operations are supported by a team with deep expertise in uranium exploration, development, and mining. Discover more about UEC's initiatives at www.UraniumEnergy.com.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Uranium Energy Corp Expands Stake in Anfield Energy to 32.4%
