ANFIELD ENERGY INC.

TECHNICAL INFORMATION

Anfield is engaged in the acquisition and development of uranium and vanadium assets in the United States. Anfield’s assets include: (i) the West Slope Project, located in Colorado; (ii) the Velvet-Wood Project and the Shootaring Canyon Mill, both located in Utah; (iii) the Slick Rock Project, located in Colorado; and (iv) surface stockpiles containing approximately 370,000 pounds of uranium. The Company’s assets have been chosen for their production potential and location in a safe and politically-stable jurisdiction.

Management of the Company considers the West Slope Project, Velvet-Wood Project, Slick Rock Project and the Shootaring Canyon Mill to be the material properties of the Company.

Readers are cautioned that mineral resources are considered too speculative to have the economic considerations applied that would enable classification as mineral reserves.

The West Slope Project

The 2022 Mineral Resource Technical Report entitled “*US DOE Uranium/Vanadium Leases JD-6, JD-7, JD-8, and JD-9 Montrose County, Colorado, USA”*and dated effective April 10, 2022 (the “2022 Technical Report”), which refers to the four core DOE leases of the nine which make up the West Slope Project, was prepared by Douglas L. Beahm, P.E., P.G., Carl Warren, P.E., P.G. and Joshua Stewart, P.E., P.G. of BRS, all of whom were independent qualified persons (“QPs”) for the purposes of NI 43-101 at the time the 2022 Technical Report was prepared. Joshua Stewart is no longer employed by BRS. Therefore, BRS is now taking responsibility for all of the statements made by Joshua Stewart in respect of the 2022 Technical Report. Technical reports for the remaining five DOE leases, which do not share common geography or development plans, have not been prepared.

The summary section from the 2022 Technical Report is reproduced below in its entirety. The 2022 Technical Report is available on the Company’s SEDAR+ profile atwww.sedarplus.ca and is incorporated by reference herein. Capitalized terms used but not defined in the following summary have the meanings ascribed thereto in the 2022 Technical Report.

Where appropriate, certain information contained in this AIF updates information derived from the 2022 Technical Report. Any updates to the technical information derived from the 2022 Technical Report was prepared by or under the supervision of Douglas L. Beahm, P.E, P.G., the Company’s Chief Operating Officer, and a QP within the meaning of NI 43-101. Readers should be cautioned that the Company’s decision to advance the West Slope Project is not based on a feasibility study of mineral reserves demonstrating economic and technical viability. As a result, there is additional uncertainty and risk related to the economics and viability of development.