VANCOUVER, British Columbia, April  01, 2026  (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC, NASDAQ:AEC, FRANKFURT: 0AD) (&#34;Anfield&#34; or the &#34;Company&#34;) announces that, further to its news release dated January 29,

Anfield Energy Further Amends Credit Facility with Extract

Anfield Energy Restructures Credit Terms with Extract Advisors

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>VANCOUVER, British Columbia, April  01, 2026  (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC, NASDAQ:AEC, FRANKFURT: 0AD) (&amp;#34;Anfield&amp;#34; or the &amp;#34;Company&amp;#34;) announces that, further to its news release dated January 29,</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Anfield Energy has restructured its credit facility with Extract Advisors, issuing 50,000 shares and 180,085 warrants. This move, contingent on TSX approval, is aimed at facilitating Anfield&#039;s acquisition of B.R.S. Inc. and could bolster the company&#039;s asset portfolio.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Anfield Energy announced revised credit facility terms with Extract Advisors.</li><li>Company will issue 50,000 bonus shares and 180,085 warrants to Extract.</li><li>Issuance is conditional on Extract&#039;s consent to a proposed acquisition.</li><li>Both issuances are pending approval from the TSX Venture Exchange.</li><li>Anfield aims to expand its uranium and vanadium asset portfolio.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Extract Advisors LLC</strong>: Their consent is crucial for Anfield&#039;s acquisition and credit restructuring.</li><li><strong>B.R.S. Inc.</strong>: Anfield&#039;s acquisition of B.R.S. could enhance its uranium portfolio.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments,&#039; as it involves strategic agreements and asset acquisition crucial for Anfield&#039;s growth prospects in the energetic materials sector.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>TSXV&#039;s approval of share/warrant issuance could drive AEC&#039;s price upward.</li><li>Successful acquisition of B.R.S. Inc. may enhance Anfield&#039;s asset value.</li><li>Market reaction expected to gauge investor confidence in Anfield&#039;s growth strategy.</li><li>Recent uranium demand surges may positively impact AEC&#039;s business outlook.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Anfield is a uranium and vanadium development company.</li><li>Bonus Warrants priced at C$8.11, valid until September 26, 2028.</li><li>Total of 50,000 bonus shares and 180,085 bonus warrants to be issued.</li><li>Acquisition of B.R.S. Inc. was initially announced on December 18, 2025.</li><li>Company trades on NASDAQ, TSXV, and Frankfurt exchanges.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Buy AEC for potential short-term gains post-acquisition approval in the next month.</p>
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</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">VANCOUVER, British Columbia, April  01, 2026  (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC, NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/AEC">AEC</a>, FRANKFURT: 0AD) ("Anfield" or the "Company") announces that, further to its news release dated January 29, 2026, the Company has revised the terms of the previously announced amending and consent agreement (the "Amending Agreement") with Extract Advisors LLC ("Extract") to amend the terms of an existing credit facility (the "Credit Facility") (see the Company's news release dated October 6, 2023, April 17, 2024 and March 18, 2025) with Extract, as agent of the Credit Facility. Pursuant to the Amending Agreement, Extract consented to the Company's proposed acquisition (the "Acquisition") of all of the issued and outstanding securities of B.R.S. Inc. (see the Company's news release dated December 18, 2025) (the "Consent").</p>  <p align="justify">In consideration for the Consent, the Company has agreed to issue 50,000 bonus common shares (the "Bonus Shares") and 180,085 bonus common share purchase warrants (the "Bonus Warrants") to Extract, with each such Bonus Warrant entitling the holder thereof to acquire one common share of the Company at an exercise price of C$8.11 per share until September 26, 2028. The issuance of the Bonus Shares and Bonus Warrants is made in accordance with TSX Venture Exchange ("TSXV") Policy 5.1 – <em>Loans, Loan Bonuses, Finder's Fees and Commissions</em>. For so long as the Credit Facility remains outstanding, all proceeds from the exercise of the Bonus Warrants by the lender shall be used to repay the principal amount of the Credit Facility. The Consent is conditional upon the Company's issuance of the Bonus Shares and Bonus Warrants to Extract. The issuance of the Bonus Shares and Bonus Warrants is subject to the approval of the TSXV.</p>  <p align="justify"><strong>About Anfield</strong></p>  <p align="justify">Anﬁeld is a uranium and vanadium development 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 NASDAQ (AEC-Q), the TSXV (AEC-V) and the Frankfurt Stock Exchange (0AD).</p>  <p align="justify">On behalf of the Board of Directors<br></br>ANFIELD ENERGY INC.<br></br>Corey Dias, Chief Executive Oﬃcer</p>  <p align="justify">Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.</p>  <p align="justify">Contact:</p>  <p align="justify">Anﬁeld Energy, Inc.<br></br>Corporate Communications<br></br>604-669-5762<br></br>contact@anﬁeldenergy.com<br></br>www.anﬁeldenergy.com</p>  <p align="justify">This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable Canadian securities laws. All statements, other than statements of historical facts, are forward-looking statements.</p>  <p align="justify">Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects", "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved". The forward-looking statements contained herein may include, but are not limited to, statements regarding the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the approval of the TSXV of the issuance of the Bonus Share and Bonus Warrants to Extract, the Consent being made effective as contemplated; and the Acquisition being completed as contemplated.</p>  <p align="justify">Forward-looking statements are based on the Company's current beliefs and assumptions as to the outcome and timing of future events, including, but not limited to, the TSXV approval of the issuance of the Bonus Shares and Bonus Warrants to Extract, the Consent being made effective, and the completion of the Acquisition. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, among other things: risks that the TSXV will not approve the issuance of the Bonus Shares and Bonus Warrants to Extract as contemplated, or at all; risks that the Consent will not be made effective as contemplated, or at all; risks that the Acquisition will not be completed as contemplated, or at all; the risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing, the need to comply with environmental and governmental regulations in Canada and the United States; fluctuations in the prices of commodities; operating hazards and risks; competition and other risks and uncertainties and other such factors as are set forth in the annual information form for the Company's most recently completed year end, as well as the management discussion and analysis and other disclosures of risk factors for the Company, filed on SEDAR+ at <a href="https://www.globenewswire.com/Tracker?data=QaBgVqi7k-4tjcBPgGCXZl6xEP9vutYYaNZDVpmpLQGLshzbUmGuPcR5kVKY46O805JeD8ApvbmwoXM-FP8SZAOloEg3lO71rVZXa3FVdj8=" rel="nofollow" target="_blank">www.sedarplus.ca</a>.</p>  <p align="justify">Although the Company believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY4MjgzMyM3NTE1OTUwIzIwOTY4NTM="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZTY5NGZiNWEtNDIxMy00ZjJhLWJjNmMtZWI1YThjYjg5ZDc5LTExMDg0MjQtMjAyNi0wNC0wMS1lbg==/tiny/Anfield-Energy-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/11120713-4912-45ab-ac89-c58d1dbb48ac"><img src="https://ml.globenewswire.com/media/11120713-4912-45ab-ac89-c58d1dbb48ac/small/anfield-2-line-wo-gradient-1-png.png" border="0" width="150" height="107" alt="Primary Logo"></img></a></p>

Anfield Energy has restructured its credit facility with Extract Advisors, issuing 50,000 shares and 180,085 warrants. This move, contingent on TSX approval, is aimed at facilitating Anfield's acquisition of B.R.S. Inc. and could bolster the company's asset portfolio.

Anfield Energy Further Amends Credit Facility with Extract

AI Summary

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Trading Thesis

Market-Moving

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Companies Mentioned

Corporate Developments

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