06:35 AM EDT, 06/23/2025 (MT Newswires) -- enCore Energy (EU.V, EU) late on Friday said it raised $19.6 million selling all of its 15% stake in Anfield Energy ( ANLDF ) .

enCore sold its 170 million Anfield common shares to Uranium Energy (UEC) in a private agreement at $0.115 apiece. Uranium Energy now owns and controls about 32.4% of Anfield's outstanding shares, or 37.6% if all of its warrants are exercised, according to a statement.

The US-based uranium supplier said that the purchase is for investment purposes, and it will continue to monitor Anfield's business. The company added it may increase or decrease its holdings in the future, depending on various factors.

Anfield closed Friday 8% higher at $0.135.