Anfield Energy to hold AGM Feb. 27

Executive Summary

• Anfield Energy Inc. is convening a special shareholder meeting on Feb. 27, 2026, to seek disinterested shareholder approval for Uranium Energy Corp. (UEC) to act as a control person under TSX-V policies.
• The approval is a prerequisite to finalize a $4 million USD non-brokered private placement of subscription receipts issued to UEC Energy Corp., a wholly owned subsidiary of UEC.
• Each subscription receipt will automatically convert into one common share upon the satisfaction of escrow release conditions by March 31, 2026, with no additional consideration required from UEC.

Key Details

• Meeting Logistics: Special meeting scheduled for Feb. 27, 2026, at 10:00 a.m. Vancouver time; meeting materials available on SEDAR+ and the company website.
• Shareholder Approval Requirement: Simple majority of votes cast at the meeting, explicitly excluding votes attached to common shares held by UEC and its associates/affiliates.
• Financing Structure: Non-brokered private placement of 896,861 subscription receipts issued to UEC Energy Corp.
• Pricing & Gross Proceeds: $4.46 USD per subscription receipt, totaling $4 million USD in gross proceeds.
• Conversion & Escrow Terms: Each receipt entitles UEC to receive one common share upon satisfaction of escrow release conditions on or before March 31, 2026 (or a later date specified by UEC), with no further payment or action required.
• Regulatory Context: Requires both TSX-V approval for UEC's participation in the concurrent offering and the aforementioned disinterested shareholder approval per TSX-V control person policies.