Anfield Announces Closing of Shares for Debt Settlement

608, 1199 West Pender Street Vancouver, B.C. V6E 2R1 Tel: (604) 687-0300 Fax: (604) 687-0151

ANFIELD RESOURCES INC.

(TSX.V – ARY) October 28, 2013

ANFIELD ANNOUNCES CLOSING OF SHARES FOR DEBT SETTLEMENT

Anfield Resources Inc. (TSX VENTURE: ARY) (the “Company”) Corey Dias, the Company’s Chief Executive Officer announces the closing of the shares for debt transaction previously announced by the Company on October 16, 2013. The Company has issued an aggregate 3,457,904 common shares at a deemed price of $0.25 per share to settle an aggregate $864,476.01 of debt owed to 13 non-arm’s length and arm’s length creditors.

All securities issued to the Company’s creditors are subject to a statutory hold period in accordance with applicable securities legislation which expires on February 22, 2014.

On behalf of the Board of Directors of Anfield Resources Inc.

Corey Dias Chief Executive Officer

Forward-Looking Statement

This news release includes certain statements that may be deemed "forward-looking statements". Forward-looking information includes, but is not limited to: statements with respect to the effect and estimated timeline of the drilling and assay results on the Company; the estimation of mineral reserves and mineral resources; the timing and amount of estimated future exploration; costs of exploration; capital expenditures; success of exploration activities;

permitting time lines and permitting; government regulation of mining operations; potential future expansion of the PFNP; environmental risks; unanticipated reclamation expenses; and title disputes or claims. Generally, forwardlooking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include: unsuccessful exploration results; changes in metals prices; changes in the availability of funding for mineral exploration; unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.com.

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