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Anfield Energy Inc V.AEC

Alternate Symbol(s):  ANLDF | V.AEC.WT

Anfield Energy Inc. is a Canada-based uranium and vanadium development and near-term production company. A key asset in the Company’s portfolio is the Shootaring Canyon Mill in Garfield County, Utah. The Shootaring Canyon Mill is strategically located within uranium production areas in the United States and is one of only three licensed uranium mills in the United States. Its conventional uranium assets consist of mining claims and state leases in southeastern Utah, Colorado, and Arizona, targeting areas where past uranium mining or prospecting occurred. Its conventional uranium assets include the Velvet-Wood Project, the Frank M Uranium Project, the West Slope Project, as well as the Findlay Tank breccia pipe. It also holds a Marquez-Juan Tafoya Project is situated in the Grants Uranium Mineral District of northwest New Mexico, approximately 50 miles west-northwest of Albuquerque, New Mexico. Its Slick Rock is located in the Uravan Uranium Belt region of Colorado.


TSXV:AEC - Post by User

Post by SuperTrader1970on Oct 04, 2024 7:44pm
85 Views
Post# 36254109

Board of Directors ’Recommendations`

Board of Directors ’Recommendations`The Arrangement Agreement has been unanimously approved at meetings of the board of directors of each of IsoEnergy and Anfield, including, in the case of Anfield, following, among other things, the receipt of the unanimous recommendation of a special committee of independent directors of Anfield. Evans & Evans, Inc. provided an opinion to the special committee of Anfield and Haywood Securities Inc. provided an opinion to the board of directors of Anfield, to the effect that, as of the date of such opinion, the consideration to be received by Anfield shareholders pursuant to the Transaction is fair, from a financial point of view, to the Anfield shareholders, subject to the limitations, qualifications and assumptions set forth in such opinion. The board of directors of Anfield unanimously recommends that Anfield securityholders vote in favour of the Transaction. Canaccord Genuity Corp. provided an opinion to the board of directors of IsoEnergy to the effect that, as of the date of such opinion, the consideration to be paid to Anfield shareholders pursuant to the Transaction is fair, from a financial point of view, to IsoEnergy, subject to the limitations, qualifications and assumptions set forth in such opinion. The board of directors of IsoEnergy unanimously recommends that IsoEnergy shareholders vote in favour of the Transaction.

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