Anfield Resources Announces $1 Million Private Placement

Anfield Resources (TSXV:ARY) announced that it has arranged a non-brokered private placement of 8,333,750 units at a price of $0.12 per unit.
As quoted in the press release:

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 $0.20 for a period of 24 months. Finder’s fees may be paid in certain instances. The proceeds of approximately $1 million will be utilized for both expenditures in relation to the Uranium One acquisition and general working capital purposes. The foregoing is subject to regulatory approval.

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