Anfield Resources Closes Acquisition of Uranium One's Shootaring Mill

Anfield Resources (TSXV:ARY,OTCQB:ANLDF,FWB:0AD) announced the closing of its acquisition of the Shootaring Canyon Mill, a portfolio of uranium assets, two surface stockpiles, and a number of royalties on projects held by other publicly-traded companies from Uranium One.
As quoted in the press release:

Anfield has acquired the Shootaring Canyon Mill and a portfolio of conventional uranium assets from Uranium One (the “Transaction”). In addition to the Shootaring Canyon Mill and the Velvet-Wood Project, the Transaction also includes an impressive portfolio of uranium assets, two surface stockpiles, and a number of royalties on projects held by other publicly-traded companies.

Anfield Resources CEO, Corey Dias, said:

“We are delighted to announce the closing of the Uranium One Transaction. With the Transaction we have now acquired one of only three licensed and permitted conventional uranium mills in existence in the United States, a significant uranium resource and a portfolio of royalties on development projects of other uranium companies. All our uranium assets are located in the U.S., one of the world’s lowest-risk and most favorable uranium jurisdictions, and host of the world’s largest uranium requirements. The assets are synergistic and provide a strategic, stepped approach to production and revenue generation. Our acquisition has fortuitous timing as our carefully-selected U.S. projects are positioned to benefit from renewed U.S interest in clean nuclear energy and domestic uranium producers, and the strengthening global uranium market”.

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