Mr. Corey Dias reports

ANFIELD ENERGY ANNOUNCES A KEY MILESTONE IN EQUIPMENT PROCUREMENT, ADVANCING THE COMPANY TOWARDS HUB-AND-SPOKE PRODUCTION

Anfield Energy Inc. has reached a key milestone in its equipment procurement program. The company has received the first custom-built underground haul truck off the Young's Machine Company production line, following its 2025 order for specialized mining equipment.

Anfield representatives visited the Young's facility in Monticello, Utah, and were present in person to receive the first truck off the production line. This delivery marks an integral step forward as Anfield advances toward production. The new truck is currently slated for operation at the Velvet-Wood uranium-vanadium mine in southeastern Utah. Later in the year, it will be relocated to the company's Colorado mines once the larger underground haul trucks are completed and delivered.

Corey Dias, chief executive officer of Anfield, commented: "Receiving the first truck off the production line is an important milestone, which underscores our strong partnership with a proven local Utah manufacturer and our shared commitment to building a robust American supply chain for domestic uranium production. Young's Machine Company's long-standing expertise in serving the Western mining sector makes it an ideal partner as we ramp up production not only at Velvet-Wood, JD-8 and Slick Rock, but also across our other mines as part of our hub-and-spoke model."

A representative from Young's Machine Company added: "Anfield's important work is key to securing U.S. energy independence. Delivering this first unit on schedule highlights our capability to produce high-quality, custom underground mining equipment right here in Utah's mining heartland."

Additionally, Anfield has reached a further agreement with Young's, under which Young's will supply underground loaders to support Anfield's mining operations across its projects. This underground equipment will be enough to support initial development and production from Anfield's operations at Velvet-Wood, JD-8 and Slick Rock.

About Anfield Energy Inc.

Anfield is a uranium and vanadium development company that is committed to becoming a top-tier energy-related fuel supplier by creating value through sustainable, efficient growth in its assets. Anfield is a publicly traded corporation listed on Nasdaq, the TSX Venture Exchange and the Frankfurt Stock Exchange.

Career opportunities

As Anfield Energy continues to expand its U.S. operations amid strong momentum in the domestic nuclear sector, the company is actively attracting and hiring top talent in mining, milling and related technical fields. Interested candidates are encouraged to visit the Anfield Energy website for current job openings and career opportunities.

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