Anfield Energy Fortifies Leadership Team with New CFO Ahead of Production Phase

VANCOUVER, BC – December 29, 2025 – In a strategic move signaling its transition from a development-stage company to a potential producer, Anfield Energy Inc. has announced the appointment of Lubica (Luba) Niemann as its new Chief Financial Officer, effective January 1, 2026. The appointment comes at a pivotal time for the uranium and vanadium company as it advances its US-based assets toward production and navigates the rigorous financial reporting landscape of its recent NASDAQ listing.

Ms. Niemann will take over the financial helm from Laara Shaffer, who will step down as CFO but retain her seat on the company's Board of Directors, ensuring a measure of continuity in leadership and corporate governance.

A Strategic Financial Leadership Transition

The selection of Lubica Niemann appears to be a calculated decision to bring in a financial executive with a specific, relevant skill set for Anfield's current growth trajectory. With fifteen years of professional experience, Niemann has built a career centered on accounting and financial reporting within the demanding public company sector.

Her background includes senior finance positions as a controller for several companies listed on the TSX Venture Exchange, such as Kutcho Copper Corporation and MineHub Technologies Inc. This experience provides her with a deep, practical understanding of the financial operations, compliance, and audit coordination required for publicly traded resource companies. Holding a Bachelor of Technology in Accounting from the British Columbia Institute of Technology, her qualifications are well-suited for the hands-on financial management Anfield requires.

Corey Dias, Anfield's Chief Executive Officer, highlighted the seamless nature of the expected transition. “We are very pleased to have Luba Niemann join the Company as CFO," Dias stated. "Luba has previously provided financial reporting support to Anfield, and so we expect a seamless transition into her new role.” This prior relationship suggests Niemann is already familiar with Anfield's financial structure and strategic objectives, reducing the learning curve often associated with executive changes.

Bolstering for US Expansion and NASDAQ Compliance

The appointment is intrinsically linked to Anfield’s growing ambitions south of the Canadian border and its presence on a major US stock exchange. The company, which trades on the TSX Venture Exchange, the Frankfurt Stock Exchange, and now the NASDAQ, faces an increasingly complex set of reporting requirements.

CEO Corey Dias emphasized this point, noting, “Luba’s experience as controller for other publicly-traded companies is invaluable, given Anfield’s expanding US operations and related reporting requirements due to its recent NASDAQ listing.” A listing on the NASDAQ exchange subjects a company to the stringent regulations of the U.S. Securities and Exchange Commission (SEC), demanding a higher standard of financial transparency, internal controls, and quarterly reporting than many smaller exchanges. A CFO with a proven track record in this environment is not just an asset but a necessity for maintaining investor confidence and regulatory compliance.

This move strengthens the financial oversight needed to manage the company's growth, particularly as it allocates capital to its US-based uranium and vanadium assets. Proper financial stewardship is critical to de-risking the development path and communicating progress effectively to a broader international investor base attracted by the NASDAQ listing.

Gearing Up for the Leap to Production

Perhaps the most significant context for Niemann's appointment is Anfield's stated goal of becoming a uranium producer. For any junior resource company, the transition from exploration and development to full-scale production is the most challenging and capital-intensive phase of its life cycle. It involves securing significant financing, managing large-scale construction and operational budgets, and establishing complex revenue and cost accounting systems.

Dias directly connected the CFO hire to this corporate milestone. “We look forward to leveraging Luba’s strengths as the Company advances toward uranium production,” he said. This statement frames the appointment as a key piece of the corporate machinery being assembled to execute this critical pivot. The role of the CFO evolves dramatically during this phase, moving from managing exploration budgets and financing rounds to overseeing project finance, offtake agreements, and the financial complexities of a revenue-generating operation.

Anfield's mission to become a "top-tier energy-related fuels supplier" depends on its ability to successfully make this leap. Installing an experienced public-company CFO is a foundational step in building a team capable of managing the financial pressures and opportunities that come with bringing a mine into production.

Aligning Incentives for a Critical Growth Phase

Coinciding with the leadership change, Anfield’s board also signaled its intent to secure and motivate its key personnel for the journey ahead. The company announced the planned grant of 769,401 restricted share units (RSUs) and 560,572 incentive stock options to certain directors, officers, and consultants.

The RSUs are designed to promote retention, as they will only vest and settle in common shares after a twelve-month period, contingent on the holder's continued involvement with the company. This helps ensure that key team members remain focused on near-term objectives.

The stock options provide a longer-term incentive. Exercisable at a price of $6.90 per share, they have a five-year lifespan, expiring on December 31, 2030. This aligns the interests of management and key consultants directly with those of shareholders. The team will only realize significant value from these options if the company's share price appreciates substantially above the $6.90 strike price, providing a powerful motivation to execute on the strategy of becoming a successful uranium producer and creating long-term shareholder value. The immediate vesting of the options further serves as a strong upfront incentive. This dual approach of near-term RSUs and long-term options is a common strategy to balance retention with performance-driven motivation as a company enters a period of heightened activity and risk.