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anfield resources

VANCOUVER, BRITISH COLUMBIA / TheNewswire / September 14, 2016 -- Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) is pleased to announce that it has closed a transaction with Uranium One Americas Inc. ("Uranium One") for the transfer of 24 uranium mining properties in Wyoming, comprising 2,667 federal mining claims, 56 Wyoming State leases and 15 private leases (the "Properties") in the Black Hills, Powder River Basin, Great Divide Basin, Laramie Basin, Shirley Basin and Wind River Basin areas.

As a part of the acquisition Anfield has acquired a database of drilling and geologic work done by Uranium One that includes 575 drill holes totaling approximately 395,000 feet of drilling. In addition to the Uranium One database, Anfield has also acquired an historic database of geological information pertaining to the acquired projects and of surrounding properties. The historic information contains historic resource estimates that identify significant potential for further development. The Company is carefully analyzing the current and historic data to identify and prioritize the data to generate NI 43-101 technical reports for new projects.

As a key part of the transaction, Anfield has also agreed in principle on the final terms of a Resin Processing Agreement with Uranium One whereby Anfield would process up to 500,000 pounds per annum of its mined material at Uranium One's Irigaray processing plant in Wyoming.

Corey Dias, Anfield's CEO stated, "We are delighted to announce the closing of this transaction. With this transfer of mineral leases and claims, we have taken another major step toward developing a balanced portfolio of near and long-term uranium production assets. In addition, many of these leases and claims are in areas of Wyoming in which a number of uranium producers have already established ISR production bases. Finally, the successful completion of a Resin Processing Agreement with Uranium One would allow Anfield to reduce certain capital costs, expedite the permitting process and facilitate entering into production. We are increasingly optimistic about both the domestic and global uranium markets and our timing for entering the uranium market. This transaction represents our commitment to executing Company strategy and becoming a top-tier U.S. uranium company."

Connect with Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) to receive an Investor Presentation.

Anfield Resources Signs Letter of Intent to Develop Vanadium

Anfield Resources Signs Letter of Intent to Develop Vanadium

Vancouver, British Columbia / TheNewswire / August 22, 2016 — Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF), is pleased to announce that it has entered into a letter of intent (“LOI”) with Aileron Ventures Ltd. (“Aileron”) to identify and exploit the potential of the contained vanadium by-product resulting from the uranium production of

Anfield Resources Provides Update Regarding its Uranium Assets

Anfield Resources Provides Update Regarding its Uranium Assets

Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) announced an update on its uranium assets. On September 1, 2015 Anfield announced the acquisition of the Shootaring Canyon Uranium Mill, one of only three licensed, permitted and constructed conventional uranium mills in the United States, and a portfolio of conventional mining assets from Uranium One.

TSXV Accepts Anfield Resources Acquisition of Uranium One Americas

TSXV Accepts Anfield Resources Acquisition of Uranium One Americas

Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) announced that TSX Venture Exchange has accepted for filing: and asset purchase agreement among Anfield Resources Inc, an amended assignment and assumption agreement dated June 30, 2015, among Anfield, the purchaser, Uranium One and U.S. Energy Corp. and a memorandum of understanding dated June 11,

Anfield Resources Raises $1,000,050

Anfield Resources Raises $1,000,050

Anfield Resources (TSXV:ARY,OTCQB:ANLDF,FWB:0AD) reported that it has raised $1,050,000. This was through a combination of a non-brokered, fully-subscribed, private placement of $500,000 secured convertible debentures at an interest rate of 15%, and an amended, fully-subscribed, non-brokered private placement of $550,000.

anfield resources

Anfield Resources (TSXV:ARY,OTCQB:ANLDF,FWB:0AD) reported that it has raised $1,050,000. This was through a combination of a non-brokered, fully-subscribed, private placement of $500,000 secured convertible debentures at an interest rate of 15%, and an amended, fully-subscribed, non-brokered private placement of $550,000. Anfield also announced that it has amended the non-brokered private placement previously announced on July 9, 2015. 5,500,000 units will be issued at a price of $0.10 per unit.

As quoted in the press release:

The principal amount of the convertible debenture is convertible into common stock of the Company at the option of the subscriber, in whole or in part, at any time during the one-year term to units at a price of $0.12 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at a price of $0.15 for a period of 12 months from the date of issuance of the debenture. Finders fees in accordance with TSX policy will be paid in connection with the debenture financing.
In addition, Anfield announces that it has amended the non-brokered private placement previously announced on July 9, 2015. 5,500,000 units will be issued at a price of $0.10 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at a price of $0.15 for a period of 24 months. Finder’s fees may be paid in certain instances.

Anfield CEO, Corey Dias, said:

“With the arrangement of these financings the Company has now met the financial condition to closing the Asset Purchase Agreement with Uranium One for the acquisition of the Shootaring Canyon uranium mill and Uranium One’s conventional U.S. uranium assets.”

Click here for the full Anfield Resources (TSXV:ARY,OTCQB:ANLDF,FWB:0AD) press release.

Click here for the Anfield Resources (TSXV:ARY,OTCQB:ANLDF,FWB:0AD) profile.

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