financetom
Business
financetom
/
Business
/
Uranium Energy Corp Boosts Stake in Anfield Energy to 32.4%
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Uranium Energy Corp Boosts Stake in Anfield Energy to 32.4%
Jun 20, 2025 2:14 PM

04:57 PM EDT, 06/20/2025 (MT Newswires) -- Uranium Energy after trade Friday said it has acquired 170 million common shares of Anfield Energy ( ANLDF ) through a private agreement at C$0.115 per share, totaling C$19.55 million. AEC closed up $0.01 at $0.135 today.

After this purchase, Uranium Energy now owns and controls 373.4 million Anfield shares, representing about 32.4% of Anfield's outstanding shares (non-diluted), or 37.6% if all of its warrants are exercised, according to the statement.

Uranium Energy previously held 203.4 million shares and 96.3 million warrants, representing about 17.6% ownership (non-diluted), or 24% on a partially diluted basis, it said.

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-VEON Sells 49% Stake In TNS+ For $137.5 Million
BRIEF-VEON Sells 49% Stake In TNS+ For $137.5 Million
May 28, 2024
May 28 (Reuters) - VEON Ltd: * VEON PROGRESSES WITH ASSET-LIGHT STRATEGY, REACHES AGREEMENT TO SELL STAKE IN TNS+ IN KAZAKHSTAN * VEON LTD - TOTAL CONSIDERATION FOR SALE IS USD 137.5 MILLION * VEON SELLS 49% STAKE IN TNS+ FOR $137.5 MILLION Source text for Eikon: Further company coverage: ...
Hess shareholders approve merger with Chevron
Hess shareholders approve merger with Chevron
May 28, 2024
HOUSTON (Reuters) - Hess Corp ( HES ) on Tuesday approved the company's $53 billion merger with the No. 2 U.S. oil company Chevron ( CVX ), according to preliminary results of the vote. The merger required a majority vote to approve the deal by a majority of Hess' 308 million shares outstanding to pass. The company did not immediately...
Why Is AstraZeneca Stock Trading Lower On Tuesday?
Why Is AstraZeneca Stock Trading Lower On Tuesday?
May 28, 2024
On Tuesday, AstraZeneca Plc ( AZN ) said the survival results did not reach statistical significance in the overall trial population in the TROPION-Lung01 phase 3 trial. Topline overall survival (OS) results from the TROPION-Lung01 phase 3 trial, which previously met the dual primary endpoint of progression-free survival (PFS), numerically favored datopotamab deruxtecan (Dato-DXd) compared to docetaxel for locally advanced or metastatic non-small cell lung cancer (NSCLC)...
Glenfarne seeks five more years until 2029 to build Texas LNG export plant
Glenfarne seeks five more years until 2029 to build Texas LNG export plant
May 28, 2024
May 28 (Reuters) - U.S. energy company Glenfarne Group LLC has asked federal energy regulators for five more years until November 2029 to put its proposed Texas LNG export plant in Texas into service, according to a filing made available on Tuesday. Texas LNG is one of more than three dozen LNG export plants being developed in the U.S., Mexico...
Copyright 2023-2026 - www.financetom.com All Rights Reserved