Anfield Energy Taps New CFO to Steer US Expansion and Uranium Push

VANCOUVER, British Columbia – December 29, 2025 – As it gears up for a pivotal transition from developer to producer, Anfield Energy Inc. (TSX.V: AEC; NASDAQ: AEC) has fortified its executive team, appointing seasoned financial professional Lubica Niemann as its new Chief Financial Officer, effective January 1, 2026. The move, which saw the company’s stock surge, comes at a critical juncture as Anfield navigates the rigorous demands of its recent NASDAQ listing and advances its ambitious plan to become a key domestic uranium supplier in the United States.

Ms. Niemann will take the financial helm from Laara Shaffer, who will transition from her CFO role to continue serving as a Director on the company's board, ensuring leadership continuity. The market has responded with notable optimism to the strategic shift, with Anfield’s shares climbing nearly 18% over the past week as it solidifies the leadership team tasked with executing its high-stakes growth strategy.

A Strategic Appointment for US Compliance and Growth

The appointment of Lubica Niemann is seen by industry observers as a calculated move to align the company's financial leadership with its expanding operational footprint and complex regulatory environment. With fifteen years of experience concentrated in accounting and financial reporting for public companies, Ms. Niemann brings a depth of expertise directly relevant to Anfield’s current challenges and future aspirations.

Her resume includes senior finance positions as a controller for several TSXV-listed companies, including Kutcho Copper Corporation and MineHub Technologies Inc. This background has equipped her with a practical, hands-on approach to financial operations, reporting, and audit coordination, skills that are paramount for a company with cross-border listings and assets.

In a statement, Anfield CEO Corey Dias highlighted the strategic value of this experience. “We are very pleased to have Luba Niemann join the Company as CFO,” he commented. “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. We look forward to leveraging Luba’s strengths as the Company advances toward uranium production.”

Dias also noted that Ms. Niemann has previously provided financial reporting support to Anfield, suggesting a seamless transition is anticipated. This familiarity is crucial as Anfield, a Canadian-based Foreign Private Issuer (FPI), must navigate the stringent requirements of the U.S. Securities and Exchange Commission (SEC). These obligations include detailed annual filings on Form 20-F and adherence to the Sarbanes-Oxley Act (SOX), which mandates rigorous internal controls over financial reporting and direct certification of financial statements by the CEO and CFO. Ms. Niemann's public company experience is precisely the skillset needed to manage this heightened level of scrutiny and ensure robust financial governance as the company scales.

Charting a Course to Domestic Uranium Production

This leadership change is not happening in a vacuum. It underpins Anfield's aggressive strategy to reactivate its portfolio of US-based uranium and vanadium assets. The company is positioning itself to fill a critical gap in the American energy supply chain, as the U.S. currently produces less than 1% of the roughly 50 million pounds of uranium it consumes annually.

Anfield’s production timeline is ambitious. The company is focused on bringing its Velvet-Wood Mine in Utah into operation, with construction slated to begin following recent federal and state approvals for expedited permitting. First production from the mine is anticipated in mid-2026. The ore extracted will feed the company’s nearby Shootaring Canyon Mill, one of only three licensed and permitted conventional uranium mills in the United States. Anfield plans to refurbish the mill for a targeted restart by mid-2027, aiming for an annual output of approximately 3 million pounds of uranium.

This strategic plan has garnered varied attention from financial analysts. While some maintain a bullish outlook, citing a consensus “Buy” rating and a price target of $17.00 that suggests significant upside from its current market capitalization of approximately $80 million, other rating platforms show a more cautious or bearish sentiment. This divergence highlights the high-risk, high-reward nature of the uranium development sector and underscores the importance of disciplined financial management and execution, which will be a core part of the new CFO's mandate.

Incentivizing a High-Stakes Transformation

Coinciding with the leadership announcement, Anfield also revealed its intention to grant a substantial package of equity incentives to key directors, officers, and consultants. The company plans to issue 769,401 restricted share units (RSUs) and 560,572 incentive stock options, effective December 31, 2025.

This move is a classic strategy for a development-stage company in the capital-intensive mining industry, designed to attract, retain, and motivate the talent required to navigate the long road to production. The RSUs are set to vest after twelve months of continuous service, directly linking the award to talent retention. The stock options, exercisable at a price of $6.90 per share until 2030, vest immediately, potentially serving as a reward for recent milestones, including the successful NASDAQ listing in September 2025, while providing a powerful long-term incentive.

By aligning the financial interests of its key personnel with those of its shareholders, Anfield is working to ensure its team is fully committed to increasing the company's value. These equity grants represent a significant investment in human capital, signaling the board's belief that its current team is essential for transforming the company's strategic assets into a revenue-generating operation.

With a strengthened financial leadership team, a clear path toward production, and an incentivized group of insiders, Anfield Energy is positioning itself for a transformative period. The coming months will be critical as the company works to deliver on its construction and refurbishment timelines, all while under the watchful eye of a broader investor base on two of North America's largest stock exchanges.