Independent Proxy Advisory Firm, ISS, Recommends Anfield Energy Inc. Shareholders Vote FOR the Proposed Arrangement with IsoEnergy Ltd. at the Upcoming Special Meeting of Shareholders
20 November 2024 - 6:12PM
Anfield Energy Inc.
(TSX.V: AEC; OTCQB: ANLDF; FRANKFURT:
0AD) (“Anfield” or “the Company”) is pleased to announce
that independent proxy advisory firm Institutional Shareholder
Services Inc. ("ISS") has recommended Anfield shareholders
("Shareholders") vote "FOR" the resolution approving the previously
announced plan of arrangement involving Anfield and IsoEnergy Ltd.
(the “Arrangement”) at the upcoming Special Meeting of Shareholders
(the "Meeting") to be held on December 3, 2024.
In its report, ISS stated, among other things,
that, “The proposed amalgamation makes strategic sense as it
appears to represent the best alternative among the opportunities
available to improve the ability to increase shareholder value, and
it is anticipated the transaction will enhance value for
shareholders through ownership in a company with growth potential,
and with an improved balance sheet.”
The Board
of Directors of Anfield
recommends that Shareholders vote
FOR the special resolution approving the
Arrangement.
The proxy voting deadline is 10:00 a.m.
(Vancouver time) on Friday, November 29, 2024.
Meeting Details
The Meeting will begin on Tuesday, December 3,
2024, at 10:00 a.m. (Vancouver time). The Meeting will be held in
person at 1111 West Hastings Street, 15th Floor, Vancouver British
Colombia V6E 2J3.
For complete details and links to all relevant
documents related to the Meeting please visit
https://anfieldenergy.com/special-meeting-vote/.
Shareholder Questions and Voting
Assistance
Shareholders who have questions about voting
their shares may contact the Company's proxy solicitation agent and
shareholder communications advisor, Laurel Hill Advisory Group:
Toll Free: 1-877-452-7184 (for Shareholders in
North America)
International: +1 416-304-0211 (for Shareholders
outside Canada and the US)
By Email: assistance@laurelhill.com
About
Anfield
Anfield is a uranium and vanadium
development and near-term production company that is committed to
becoming a top-tier energy-related fuels supplier by creating value
through sustainable, efficient growth in its
assets. Anfield is a publicly traded corporation listed
on the TSX Venture Exchange (AEC-V), the OTCQB Marketplace (ANLDF)
and the Frankfurt Stock Exchange (0AD).
On behalf of the Board of DirectorsANFIELD
ENERGY INC.Corey Dias, Chief Executive Officer
Contact:Anfield Energy, Inc. Clive
MostertCorporate Communications
780-920-5044contact@anfieldenergy.com www.anfieldenergy.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release. No securities
regulatory authority has either approved or disapproved of the
contents of this news release.
None of the securities to be issued pursuant to
the Arrangement have been or will be registered under the United
States Securities Act of 1933, as amended (the “U.S.
Securities Act“), or any state securities laws, and any
securities issuable in the Arrangement are anticipated to be issued
in reliance upon available exemptions from such registration
requirements pursuant to Section 3(a)(10) of the U.S. Securities
Act and applicable exemptions under state securities laws. This
press release does not constitute an offer to sell, or the
solicitation of an offer to buy, any securities.
Cautionary Note Regarding Forward-Looking
Information
This press release contains “forward-looking
information” within the meaning of applicable Canadian securities
legislation. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as
“plans”, “expects” or “does not expect”, “is expected”, “budget”,
“scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or
“does not anticipate”, or “believes”, or variations of such words
and phrases or state that certain actions, events or results “may”,
“could”, “would”, “might” or “will be taken”, “occur” or “be
achieved”. These forward-looking statements or information may
relate to the Transaction, including statements with respect to the
availability of the exemption under Section 3(a)(10) of the U.S.
Securities Act with respect to the securities issuable in the
Arrangement and any other activities, events or developments that
the companies expect or anticipate will or may occur in the
future.
Forward-looking statements are necessarily based
upon a number of assumptions that, while considered reasonable by
management at the time, are inherently subject to business, market
and economic risks, uncertainties and contingencies that may cause
actual results, performance or achievements to be materially
different from those expressed or implied by forward-looking
statements. Such assumptions include, but are not limited to,
assumptions that the exemption under Section 3(a)(10) of the U.S.
Securities Act with respect to the securities issuable in the
Arrangement will be available. Although the Company has attempted
to identify important factors that could cause actual results to
differ materially from those contained in forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking information.
Such statements represent the current views of
the Company with respect to future events and are necessarily based
upon a number of assumptions and estimates that, while considered
reasonable by the Company, are inherently subject to significant
business, economic, competitive, political and social risks,
contingencies and uncertainties. Risks and uncertainties include,
but are not limited to the following: the inability of the parties
to the Arrangement to rely on the exemption under Section 3(a)(10)
of the U.S. Securities Act with respect to the securities issuable
in the Arrangement. The Company does not undertake to update any
forward-looking information, except in accordance with applicable
securities laws.
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