Anfield Resources Receives TSXV Approval for Uranium One Transaction

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TSXV:ARY

Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) announced today that it has received TSX Venture Exchange approval for the Uranium One transaction which entails the acquisition of Uranium One’s US conventional uranium assets.

Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) announced today that it has received TSX Venture Exchange approval for the Uranium One transaction which entails the acquisition of Uranium One’s US conventional uranium assets.
In addition, the TSX Venture Exchange has approved the recently announced $1,050,000 financing through both the private placement and the debenture. Anfield now expects the closing of the Transaction to take place by August 31.
As quoted in the press release:

Anfield is acquiring the following key assets from Uranium One:

  • The Shootaring Canyon mill, located in Garfield County, Utah
  • The Velvet-Wood uranium project, located in San Juan County, Utah
  • Surface stockpiles containing uranium mineralized material
  • A 50% interest in a joint venture on the Wate breccia pipe project in northern Arizona, with the joint venture partner being Energy Fuels Inc.
  • The Frank M uranium project, located in Garfield County, Utah;
  • Royalty interests in four uranium development projects; and
  • Additional uranium exploration targets in Utah, Arizona and South Dakota.

Anfield CEO, Corey Dias, stated:

We are very pleased to have received TSX Venture Exchange approval for the Uranium One transaction. We now look forward to closing the transaction in the coming days.

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