Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) has filed an application to transfer ownership of the radioactive materials license for the Shootaring Canyon Uranium Mill from Uranium One (TSX:UUU) to Anfield. The company has also requested an extension of the license in order to allow for the preparation of a license renewal application.
As quoted in the application:
The application to transfer ownership has been jointly filed by Uranium One and Anfield pursuant to definitive agreements, announced on August 18, 2014, under which Anfield has agreed to acquire the Shootaring Mill and a portfolio of conventional uranium assets from Uranium One (“Shootaring Transaction”). The UDRC is the regulatory entity in Utah responsible for licensing the Shootaring Mill.
Anfield CEO, Corey Dias, stated:
The transfer application is the first step in the process of restarting the Shootaring Mill, one of only three licensed conventional uranium mills in the United States. We look forward to developing a positive working relationship with the UDRC during the transfer and restart process.
Peninsula Energy (ASX:PEN) is set to be the ASX’s next uranium producer. Its flagship Lance Projects in Wyoming is headed towards production in 2015, with purchasing contracts secured for 2015 to 2024.Connect here and don't miss their next catalyst!Learn More