SEC staff questioned ANFIELD ENERGY INC.'s accounting for going concern
Letter dated
2025-05-16; published on EDGAR 2026-01-21 — the
SEC releases comment letters only after the review closes.
Please revise to describe whether your indebtedness is guaranteed or unguaranteed, secured or unsecured. In addition, indebtedness also includes indirect and contingent indebtedness. Refer to Item 3.B. of Form 20-F. D. Risk Factors There is substantial doubt regarding our ability to continue as a going concern, page 6 We note your disclosure that management has initiated a strict cost control program to effectively…
Evidence
Cited sections
Item 3. Key Information B. Capitalization and Indebtedness, page 5, Item 4. Information on the Company B. Business Overview, page 16, Item 4.B of Form 20-F. General Development of the Business, page 16, Item 1303(a)(1) of Regulation S-K. 7. We note your disclosure on, page 10
Direction
staff to company
Letter dated
2025-05-16
Published on edgar
2026-01-21
Reviewing
ANFIELD ENERGY INC. Draft Registration Statement on Form 20-F Submitted April 22, 2025 CIK 0001519469 Dear Corey Dias: We have reviewed your draft registration
Source
SEC staff comment letter (UPLOAD)
Topics
Going concern, Goodwill and impairment, Fair value
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.
SEC staff questioned ANFIELD ENERGY INC.'s accounting for goodwill and impairment
Letter dated
2025-06-10; published on EDGAR 2026-01-21 — the
SEC releases comment letters only after the review closes.
We note you updated the statements of financial position to March 31, 2025. Please also update disclosure for capitalization and indebtedness to March 31, 2025. Refer to Item 3.B of Form 20-F. Item 4. Information on the Company B. Business Overview General Development of the Business, page 16 2. We note your response to prior comment 4 states that in the next twelve months you aim to commence clean-up work at the…
Evidence
Cited sections
Item 3. Key Information B. Capitalization and Indebtedness, page 5, Item 5. Operating and Financing Review and Prospects, page 53
Direction
staff to company
Letter dated
2025-06-10
Published on edgar
2026-01-21
Reviewing
Anfield Energy Inc. Amendment No. 1 to Draft Registration Statement on Form 20-F Submitted May 28, 2025 CIK 0001519469 Dear Corey Dias: We have reviewed your am
Source
SEC staff comment letter (UPLOAD)
Topics
Goodwill and impairment
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.
SEC staff questioned ANFIELD ENERGY INC.'s accounting for fair value
Letter dated
2025-06-26; published on EDGAR 2026-01-21 — the
SEC releases comment letters only after the review closes.
We note your revised resource tables include the commodity price assumption for uranium in Table 2 and the commodity price assumption for vanadium in Table 3. Considering that your cut-off grade equation includes a revenue component for uranium and a revenue component for vanadium, please revise the footnotes to Table 2 to include the commodity price assumption for uranium and the commodity price assumption for…
Evidence
Direction
staff to company
Letter dated
2025-06-26
Published on edgar
2026-01-21
Reviewing
Anfield Energy Inc. Amendment No. 2 to Draft Registration Statement on Form 20-F Submitted June 20, 2025 CIK 0001519469 Dear Corey Dias: We have reviewed your a
Source
SEC staff comment letter (UPLOAD)
Topics
Fair value
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.
SEC staff questioned ANFIELD ENERGY INC.'s accounting for fair value
Letter dated
2025-07-15; published on EDGAR 2026-01-21 — the
SEC releases comment letters only after the review closes.
We note your revised disclosure states the recoverable amount is categorized as level 3 in the fair value hierarchy. You also disclose the key assumptions used to determine the replacement cost included the inflation rates used to bring certain costs related to the construction to equivalent levels as well as the type of equipment required to make the assets comparable. Please further explain the “type of equipment…
Evidence
Direction
staff to company
Letter dated
2025-07-15
Published on edgar
2026-01-21
Reviewing
Anfield Energy Inc. Amendment No. 3 to Draft Registration Statement on Form 20-F Submitted June 30, 2025 CIK No. 0001519469 Dear Corey Dias: We have reviewed yo
Source
SEC staff comment letter (UPLOAD)
Topics
Fair value
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.