Anfield Energy, Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to provide a corporate review of 2023 and discuss its 2024 plans. Anfield continues its advance towards U.S.-based uranium and vanadium production and is poised to benefit from the escalating world-wide demand for uranium.
Corey Dias, Anfield CEO states, “We at Anfield are very proud of our transformational 2023 accomplishments to meet our production goals. Given our 2023 accomplishments and continued furtherance of our two-fold production strategy – underpinned by the licensed, permitted and constructed Shootaring Canyon mill – we expect to see the valuation gap between Anfield and other producing and near-producing peers narrow significantly in 2024.
Significant accomplishments were made throughout 2023 which will propel the Company forward in 2024. Notably, we established the viability of our asset portfolio by both finalizing and issuing the first Preliminary Economic Assessment of our core assets. It provided us with a baseline from which to pursue additional “spokes” in our hub-and-spoke production strategy – while expanding our potential capacity – and to incorporate additional internal and external uranium and vanadium projects into our production roadmap. Moreover, our ability to raise sufficient funds to both advance our existing asset portfolio and acquire complementary assets proved an important step in progressing our strategy.
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