Anfield Energy Announces Shareholder Approval at Special Shareholder Meeting of Uranium Energy Corp. as a Control Person

Executive Summary

• Shareholders approved Uranium Energy Corp. as a control person of Anfield Energy Inc. at the special meeting held on February 27, 2026.
• The Company issued 896,861 Subscription Receipt Shares to UEC (a wholly‑owned subsidiary of Uranium Energy) upon satisfaction of escrow release conditions.
• The approval satisfies TSX Venture Exchange requirements for a control‑person change and completes the conversion of previously issued subscription receipts from the private placement announced on January 12, 2026.

Key Details

• Special Meeting Outcome: Simple majority of disinterested shareholder votes approved Uranium Energy as a control person; votes attached to common shares owned by Uranium Energy were excluded per TSXV rules.
• Share Issuance: 896,861 Subscription Receipt Shares were issued to UEC, converting the same number of subscription receipts previously sold in the non‑brokered private placement.
• Escrow Release Conditions: Conversion occurs automatically upon satisfaction of defined escrow release conditions; no additional consideration is required from UEC.
• Previous Offering Reference: The shares relate to the private placement disclosed on January 12, 2026, where 896,861 subscription receipts were sold to UEC.
• Regulatory Compliance: TSXV approval was obtained for Uranium Energy’s participation and for the control‑person change; the Company complied with all applicable TSXV policies.

Notable Quotes

“On behalf of the Board of Directors,” – Corey Dias, Chief Executive Officer, Anfield Energy Inc. (statement accompanying the issuance)