Anfield Energy Completes Phase One Surface Construction at Velvet-Wood Project

Anfield Energy (AEC.V) completed phase one surface construction at its Velvet-Wood uranium and vanadium project in Utah, the company said on Monday.

With phase one now complete, the company will shift focus to phase two of mine construction at Velvet-Wood, said the company.

Phase Two will focus on the dewatering and rehabilitation of the existing underground workings, along with construction of the ore pad to allow for mining to begin upon completion of the dewatering, said the company, and added that phase two is expected to last approximately 6 months. Initial underground development activities are expected to commence within the next 30 days at Velvet-Wood, it stated.

Phase three of mine construction at Velvet-Wood will involve the buildout of permanent surface infrastructure, including the mine office, shop/warehouse, and permanent power, said the company. The company plans to produce mined material concurrently with the completion of this final development phase.

"The successful completion of Phase One surface construction at Velvet-Wood marks strong progress on the ground made possible by our expanded workforce," said Corey Dias, Anfield CEO. "We are now advancing into Phase Two, with initial underground development activities expected to commence within the next 30 days. This advancement is significant in the broader U.S. context, as Velvet-Wood was the first uranium mine to be advanced through expedited permitting under the current administration."

The company's shares were last seen down $0.11 at $6.82 on the TSX Venture Exchange.

Price: $6.82, Change: $-0.11, Percent Change: -1.59%

BriaCell Presenting Final Phase 2, Ongoing Phase 3 Data at ASCO Meeting

BriaCell Therapeutics (BCT.TO) Monday said it is presenting final Phase 2 data from its Bria-IMT trial as well as data from its ongoing Phase 3 trial at the American Society of Clinical Oncology meeting taking place in Chicago.Phase 2 results demonstrated an excellent safety profile and also showed the emergence of a long-term survivor cohort of heavily pretreated metastatic breast cancer patients. Durable survival rates were observed beyond 12 and 24 months, a statement said.BriaCell's Phase 3 data, which addresses a key challenge of limiting toxicity in patients undergoing treatment, is also "encouraging", said Adam Brufsky, professor of medicine at the University of Pittsburgh."We are increasingly optimistic with the early quality of life and biomarker data from our ongoing pivotal Phase 3 Bria-ABC trial demonstrating sustained clinical activity in patients with advanced MBC who did not respond to multiple prior treatments," said William Williams, BriaCell chief executive.BriaCell over the weekend said it plans to raise US$4.7 million in a private placement offering of 1.45 million shares priced at US$3.25 each.BriaCell shares were last seen down $0.46, to $4.57, on the Toronto Stock Exchange.Price: $4.50, Change: $-0.53, Percent Change: -10.54%

$BCT.TO

NFI Unit Says Working With Volvo Buses to Build 60 New Tri-axle Double-Deckers for Lothian Buses

NFI Group (NFI.TO) unit Alexander Dennis Monday said it is working with Volvo Buses to build 60 new tri-axle double-deckers for Scottish bus operator Lothian Buses.The operator has placed a firm order with Volvo Buses for 60 new low-emission double-deck buses based on the efficient B8L chassis, which Alexander Dennis will body with its Enviro400XLB design, it said. The majority of the new Enviro400XLB will be used to meet rising demand in the East Coast Buses and Lothian Country operations, which connect East and West Lothian to the Scottish capital, it added.The Airlink 100 service between Edinburgh Airport and the city center will also benefit from the fleet investment, said the company. Lothian Buses also plans to order 40 zero-emission double-deckers from the two manufacturers, with Alexander Dennis placing its next-generation Enviro400EV body on the Volvo BZL electric chassis.Procurement of these vehicles, it said, is subject to confirmation of grant funding allocation to Lothian Buses from the Scottish Government's third-round Scottish Zero-Emission Bus Challenge Fund (ScotZEB3).Shares of the company closed up 1.6% to $23.2 on Friday on the Toronto Stock Exchange.Price: $23.57, Change: $+0.37, Percent Change: +1.59%

$NFI.TO

Anfield Energy Completes Phase One Surface Construction at Velvet-Wood Project

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