Anfield Energy announces that it has filed its annual financial statements, accompanying management's discussion and analysis and related officer certifications for the financial year ended Dec 31, 2023. Following completion of the filings, the BC Securities Commission has revoked the previously issued cease trade order. Anfield expects its shares to be reinstated for trading on the TSXV at the open of markets on or about [...]
Anfield Energy Inc. is pleased to announce that it has submitted its Plan of Operation for its Velvet-Wood mine to the State of Utah and BLM. This important step is being undertaken as the Company advances Velvet-Wood to production-ready status concurrently with the Shootaring Canyon mill. This Plan of Operation includes specific operating actions and controls, reclamation actions, an estimate of reclamation surety based [...]
Anfield Energy Inc. is pleased to provide a corporate review of 2023 and discuss its 2024 plans. Anfield continues its advance towards U.S.-based uranium and vanadium production and is poised to benefit from the escalating world-wide demand for uranium. Corey Dias, Anfield CEO states, "We at Anfield are very proud of our transformational 2023 accomplishments to meet our production goals. Given our 2023 accomplishments and [...]
Anfield Energy Inc. is pleased to announce that its subsidiary, Highbury Resources, Inc. has entered into a definitive agreement with Gold Eagle Mining Inc. and Golden Eagle Uranium LLC to acquire a 100% interest in twelve Department of Energy leases and associated data in various Counties in Colorado. The acquisition meets Anfield's strategic objective of securing additional uranium and vanadium prospects as the Company [...]
Anfield Energy Inc. is pleased to announce that it has closed its oversubscribed non-brokered private placement via the issuance of 47,726,100 Units at a price of $0.065 per Unit, for gross proceeds of $3,104,537 . Each Unit consists of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share at a price of $0.10 until December 20, 2025. Finders' fees of [...]
Anfield Energy Inc. is pleased to announce that it has entered into a definitive agreement with Nolan Holdings, Inc. to acquire a 100% interest in 175 federal unpatented uranium mining claims , located in San Juan and Grand Counties in Utah. Corey Dias, Anfield's CEO commented: "We are pleased to acquire these uranium claims as we believe that they are complementary to our existing portfolio holdings in Utah. They are in [...]
Anfield Energy Inc. is pleased to announce that it has closed its previously announced $4.3 million credit facility with existing shareholder Extract Advisors LLC, as Agent, on behalf of Extract Capital Master Fund Ltd. . The Credit Facility, in addition to the Company's recent equity financing, will support the Company's asset transaction strategy, including the Marquez-Juan Tafoya transaction, and ongoing work programs [...]
Anfield Energy Inc. is pleased to announce that it has entered into a credit agreement with existing shareholder Extract Advisors LLC, as Agent, on behalf of Extract Capital Master Fund Ltd. for a credit facility of $4.3 million . The Credit Facility, in addition to the company's recent equity financing, will support the Company's asset transaction strategy, including the Marquez-Juan Tafoya transaction, and ongoing work [...]
Anfield Energy Inc. is pleased to announce that it has closed its brokered private placement in which it issued 81,820,000 units of the Company at a price of C$0.055 per Unit , for aggregate gross proceeds of C$4,500,100 . The Offering was conducted by a syndicate of agents led by Haywood Securities Inc., and including Red Cloud Securities Inc. . Management and directors of Anfield subscribed for an aggregate of 9,080,000 [...]
Anfield Energy Inc. is pleased to announce that it has entered into an agreement with Haywood Securities Inc., on behalf of a syndicate of agents , who have agreed to sell, on a commercially reasonable efforts private placement basis, 90,909,090 units of the Company at a price of C$0.055 per Unit , for aggregate gross proceeds of C$4,999,999.95 . Each Unit will be comprised of one common share in the capital of the [...]
Anfield Energy Inc. is pleased to provide an update with regard to Precision System Engineering's progress on its reactivation report. PSE's team has been onsite at the Shootaring Mill multiple times to visually assess the current state of this asset. Initial reactions from PSE are very positive, with much of the infrastructure of the facility in pristine condition, requiring little to no refurbishment. Where necessary [...]
Anfield Energy Inc. is pleased to announce that BRS Engineering has begun a Preliminary Economic Assessment for the Company's Slick Rock uranium and vanadium project . Slick Rock is located in the prolific Uravan region of Colorado, in close proximity to Anfield's West Slope uranium and vanadium project. The property holds a historical inferred resource of 2.5 million tons at 0.228% uranium and 1.37% vanadium, returning [...]