Anfield Energy Inc. is pleased to announce that its non-brokered private placement, announced on December 9, has been oversubscribed. The private placement now consists of 42,477,709 Units at a price of $0.065 per Unit, for a total equity raise of up to $2,761,051 . 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 [...]
Anfield Energy Inc. is pleased to announce that it will conduct a non-brokered private placement for up to 40,000,000 Units at a price of $0.065 per Unit, for a total equity raise of up to $2,600,000 . 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 for a period of twenty-four months. Red Cloud [...]
Anfield Energy Inc. is pleased to announce that Anfield’s newly-formed subsidiary, Anfield Precious Metals , has signed a definitive agreement with Southwest Exploration Inc. to acquire a 100% interest in the Newsboy Gold Project , located in Maricopa County, Arizona. This acquisition will serve as Anfield’s first step in a revised strategy to leverage its team’s expertise and selectively seek out and acquire advanced [...]
Anfield Energy Inc. applauds the Trump Administration’s proposal to create a strategic uranium reserve as part of its FY21 Federal Budget. Under the proposal, the Department of Energy would have US$150M per year – for a period of 10 years – at its disposal to purchase uranium from US producers. This proposal “reflects the Administration’s Nuclear Fuel Working Group priorities”. Corey [...]
Anfield Energy Inc. is pleased to report the results of its Preliminary Economic Assessment for the recently-acquired Wyoming-based Charlie Uranium Project . The independent PEA was prepared in accordance with National Instrument 43-101 standards of disclosure for mineral properties. The PEA is based on mining the uranium deposits via the In-Situ Recovery method and delivering the wellfield solutions via pipeline to [...]
Anfield Energy Inc. is pleased to announce that it has engaged BRS Engineering to complete a Preliminary Economic Assessment for the recently-acquired Wyoming-based Charlie Uranium Project . The PEA is expected to be completed by the end of June 2019. Anfield had previously issued a revised mineral resource technical report for the Charlie Project, entitled “Charlie Uranium Project Mineral Resource NI 43-101 [...]
Anfield Energy Inc. is pleased to announce that it has closed a second tranche of its non-brokered private placement, bringing the total placement to 18,358,716 units at a price of $0.20 per Unit, for a total equity raise of $3,671,743. 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 $0.30 for a period of [...]
Anfield Energy Inc. is pleased to announce that it has increased the size of its non-brokered private placement to 17,500,000 units at a price of $0.20 per Unit, for gross of up to $3,500,000. The Company has closed an initial tranche of the placement through the issuance of 13,764,966 Units for proceeds of $2,752,993. As a reminder, each Unit consists of one common share and one share purchase warrant , with each Warrant [...]
Anfield Energy Inc. is pleased to announce that it has acquired 100% interest in the Upper Maybelle River Uranium Project from Radio Fuels, a private company. The property consists of six mineral claims totalling 12,851 hectares and is located in the Athabasca Basin; it also shares eastern property borders with projects held by both NexGen Energy Ltd. and Areva. In exchange for the property, Radio fuels will receive [...]
Anfield Energy Inc. is pleased to announce that it has arranged a non-brokered private placement for 10,000,000 Units at a price of $0.20, for a total equity raise of $2,000,000. 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 $0.30 for a period of three years. The private placement may be closed in tranches [...]
Anfield Energy Inc. is pleased to provide the following letter to its shareholders from Company CEO, Corey Dias. Dear shareholders, 2018 was quite a year for Anfield Energy and the uranium space in general. Continued closures of producing uranium mines, combined with the investigation currently in the hands of the U.S. Department of Commerce related to the overdependence of U.S.-based utilities on foreign uranium supply [...]
Anfield Energy Inc. is pleased to announce, further to its news releases on March 12, 2018, and January 8, 2019, that it has closed its previously-announced transaction with Cotter Corporation to acquire both the Charlie ISR Uranium Project and nine past-producing uranium/vanadium properties in Colorado, collectively known as the West Slope Project . Anfield’s CEO, Corey Dias, commented: “We are excited to [...]