Uranium Energy Corp. (NYSE:UEC) is one of the top 10 nuclear energy stocks to invest in for the next decade. The company revealed on June 20 that it had acquired an additional 170 million common shares of Anfield Energy.Uranium Energy (UEC) Boosts Anfield Energy Stake to 32.4%

The transaction is a private agreement at C$0.115 per share, which brings the total value to C$19.60 million. This acquisition increased Uranium Energy’s ownership in Anfield to about 32.4% of the outstanding Anfield shares on a non-diluted basis. Before this transaction, Uranium Energy’s non-diluted stake was around 17.6%.

According to Uranium Energy, the additional Anfield shares were acquired for “investment purposes.” The company indicated that it will “continue to monitor the business, prospects, financial condition, and potential capital requirements of Anfield.” Depending on its evaluation, Uranium Energy “may from time to time in the future decrease or increase, directly or indirectly, its ownership, control or direction over securities of Anfield.”

Uranium Energy Corp. (NYSE:UEC) is a U.S.-based uranium mining and exploration company. It produces uranium and titanium concentrates through a mix of in-situ recovery (ISR) and conventional mining methods. The company operates projects across the United States, Canada, and Paraguay.

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