Anfield Energy Inc. completed an underwritten public offering of 1,715,000 common shares at US$4.00 per share, including the full exercise of a 223,695-share over-allotment option, generating gross proceeds of US$6.9 million. The transaction was led by Northland Capital Markets and Roth Capital Partners, with existing strategic investor Uranium Energy Corp. purchasing 625,000 shares for US$2.5 million. Underwriter commissions totaled approximately US$261,600. Anfield intends to use the net proceeds to fund capital commitments at the Paradox Complex, Velvet-Wood Project, Slick Rock Complex, and Shootaring Canyon Mill, as well as for working capital and general corporate purposes. The company operates in the uranium mining and exploration industry.
