Anfield Resources Closes Private Placement of 5.5M Units at $0.10

Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) announced today that the non-brokered private placement that was announced on July 9, 2015 and amended on July 20, 2015, has been accepted by the TSX Venture Exchange.
As quoted in the press release:

The private placement consisted of 5.5 million units at 10 cents. The shares have been issued and have a hold period to Dec. 27, 2015. The unit consists of one common share and one share purchase warrant, exercisable at 15 cents until Aug. 25, 2017. Two directors of the company participated in the private placement.
The exchange also accepted for filing the $500,000 convertible debenture with a one-year term at 15 per cent. If the debenture is converted into units, the units will consist of one common share at 12 cents and one share purchase warrant at 15 cents, exercisable to Aug. 18, 2016. The debentureholder has signed an undertaking with the TSX Venture Exchange to not exercise more than 9.9 per cent of the total issued and outstanding at the time of exercise.
The proceeds of $1.05-million will be used for the Uranium One transaction and general working capital purposes.

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