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Anfield Energy Inc. 
Listed Company 

TSX VENTURE COMPANIES

BULLETIN V2025-2280

ANFIELD ENERGY INC. ("AEC") ("AEC.WT")
BULLETIN TYPE: Consolidation
BULLETIN DATE: July 30, 2025
TSX Venture Tier 2 Company

Pursuant to directors' resolution passed on July 14, 2025, and, a resolution passed by shareholders on March 31, 2025, the Company has consolidated its capital on a (75) old for (1) new basis. The name of the Company has not been changed as follows.

Effective at the opening of Friday, August 1, 2025, the shares of Anfield Energy Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a "Mineral Exploration/Development."

Post - Consolidation
Capitalization: Unlimited shares with no par value of which
15,646,534 shares are issued and outstanding
Escrow Nil shares are subject to escrow

Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: AEC (UNCHANGED)
CUSIP Number: 03464C205 (new)


Adjustment - Warrants
As a result of the Consolidation of the Company's common shares, the Exchange confirms that the warrants (AEC.WT) currently listed on TSX Venture Exchange have been subject to adjustment (the "Adjustment").

As a result of the Adjustment, the exercise price of the warrants (AEC.WT) is deemed to be increased such that: (a) the exercise price in respect of outstanding warrants will be increased from $0.18 to $13.50, and (b) every 75 warrants held by a holder will be exercisable to acquire 1 common share.

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