Monitor progress on Shootaring license renewal and refurbishment milestones. The IR and market-making agreements are routine and do not signal a near-term catalyst. Watch for regulatory approval of the license renewal and any subsequent financing announcements for mill refurbishment costs.
Price Chart
Executive Summary
Anfield Energy provided an operational update on the Shootaring Canyon Uranium Mill reactivation, including completion of 8 monitoring wells, initiation of leach tank removal, and progress on detailed engineering with PSE Engineering. The company also entered into an investor relations agreement with CORE IR ($25K-$40K/month) and a market-making agreement with GIACP (C$8,500/month). These are routine operational and service agreements with no material financial impact disclosed.
Key Facts
- Completed drilling of 8 additional monitoring wells at Shootaring Canyon Mill
- Initiated removal of existing leach tanks in the leach building for refurbishment
- License renewal expected by end of 2026; production target in 2027
- Entered IR Agreement with CORE IR: US$25,000/month for PR services, increasing to US$40,000/month after 4 months
- Entered Market-Making Agreement with GIACP: C$8,500/month, renewable, with 3% annual escalation
- Building temporary man camp for up to 40 workers, expected completion by end of 2026
Financial Impact
No material financial figures disclosed. IR and market-making fees are routine operational expenses: US$25,000-$40,000/month and C$8,500/month respectively.
Risk Factors
- License renewal may be delayed or denied by Utah DEQ
- Refurbishment costs and timeline may exceed expectations
- Uranium price volatility could impact project economics
- No disclosed financing plan for the refurbishment
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3307941 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 6-K | $3.68 $3.83 | ▲ +4.08% | ▲ +1.95% | $3.44 (−6.52%) |
Sep 10, 2026 22d ago | 6-K | $4.11 $3.74 | ▼ −9.00% | ▼ −8.50% | $3.44 (−16.30%) |
Aug 14, 2026 7w ago | 6-K | $4.23 $4.66 | ▼ −10.17% | ▼ −11.53% | $3.44 (+18.68%) |
Aug 1, 2026 8w ago | Press Release | $3.97 $4.30 | ▲ +8.31% | ▲ +6.29% | $3.44 (−13.35%) |
Jul 30, 2026 9w ago | 6-K | $3.96 $4.11 | ▼ −3.79% | ▼ −0.17% | $3.44 (+13.13%) |
Jul 30, 2026 9w ago | 6-K | $3.96 $4.11 | ▼ −3.79% | ▼ −0.17% | $3.44 (+13.13%) |
Jul 9, 2026 12w ago | 6-K | $4.19 $4.36 | ▲ +4.06% | ▲ +4.19% | $3.44 (−17.90%) |
Jul 7, 2026 12w ago | 6-K | $4.18 $4.53 | ▲ +8.37% | ▲ +7.82% | $3.44 (−17.70%) |
Jun 30, 2026 13w ago | 6-K | $4.37 $4.49 | ▲ +2.75% | ▲ +2.14% | $3.44 (−21.28%) |
Jun 18, 2026 15w ago | 6-K | $5.09 $4.01 | ▼ −21.22% | ▼ −19.55% | $3.44 (−32.42%) |
US Market Status
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