Anfield Energy Announces C$5 Million Financing
Head Office:
4390 Grange Street, Suite 2005
Burnaby, B.C. V5H 1P6
www.anfieldenergy.com
Office: 604.669.5762
Fax: 604.608.4804
TSX.V: AEC
OTCQB: ANLDF
FRANKFURT: 0AD
Anfield Energy Announces C$5 Million Financing
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION
DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES
VANCOUVER, BRITISH COLUMBIA – June 15, 2023 — Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF;
FRANKFURT: 0AD) (“Anfield”or the “Company”)is pleased to announce that it has entered into an
agreement with Haywood Securities Inc., on behalf of a syndicate of agents (collectively, the “Agents”),
who have agreed to sell, on a commercially reasonable efforts private placement basis, 90,909,090 units
of the Company (“Units”) at a price of C$0.055 per Unit (the “Offering Price ”), for aggregate gross
proceeds of C$4,999,999.95 (the “Offering”). Each Unit will be comprised of one common share in the
capital of the Company (a “Share”) plus one-half of one Share purchase warrant (each whole such warrant,
a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Share (a “Warrant Share”) at
an exercise price of C$0.085 for 24 months following the completion of the Offering.
The Units to be issued under the Offering will be offered to purchasers pursuant to the listed issuer
financing exemption (“LIFE Exemption”) under Part 5A of NI 45-106, and will not be subject to resale
restrictions pursuant to applicable Canadian securities laws.
There is an offering document related to the Offering that can be accessed under the Company’s profile
on SEDAR at www.sedar.com and on the Company’s website at www.anfieldenergy.com. Prospective
investors should read this offering document before making an investment decision.
The Company plans to use the net proceeds from the Offering to fund the advancement of the Company’s
uranium and vanadium assets in the United States, and for general corporate purposes including the
acquisition of the Marquez-Juan Tafoya uranium project in New Mexico (as previously announced by the
Company on June 6, 2023). The Offering is scheduled to close on or about July 6, 2023 (the “Closing Date”)
and is subject to certain conditions customary for transactions of this nature including, but not limited to,
the receipt of necessary regulatory approvals, including the approval of the TSX Venture Exchange. The
Company has agreed to pay the Agents a cash commission of 6% of the gross proceeds raised under the
Offering and will issue to the Agents that number of compensation options (“Compensation Options”)
equal to 6% of the Units issued under the Offering, with each Compensation Option exercisable into one
Share at an exercise price equal to the Offering Price for a period of 24 months.
The securities to be offered pursuant to the Offering have not been, and will not be, registered under the
U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws, and
may not be offered or sold in the United States or to, or for the account or benefit of, United States
persons absent registration or any applicable exemption from the registration requirements of the U.S.
Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to
sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these
securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Anfield
Anfield is a uranium and vanadium development and near-term production company that is committed
to becoming a top-tier energy-related fuels supplier by creating value through sustainable, efficient
growth in its assets. Anfield is a publicly traded corporation listed on the TSX-Venture Exchange (AEC-V),
the OTCQB Marketplace (ANLDF) and the Frankfurt Stock Exchange (0AD). Anfield is focused on its
conventional asset centre, as summarized below:
Arizona/Utah/Colorado – Shootaring Canyon Mill
A key asset in Anfield’s portfolio is the Shootaring Canyon Mill in Garfield County, Utah. The Shootaring
Canyon Mill is strategically located within one of the historically most prolific uranium production areas
in the United States, and is one of only three licensed uranium mills in the United States.
Anfield’s conventional uranium assets consist of mining claims and state leases in southeastern Utah,
Colorado, and Arizona, targeting areas where past uranium mining or prospecting occurred. Anfield’s
conventional uranium assets include the Velvet-Wood Project, the Slick Rock Project, the West Slope
Project, the Frank M Uranium Project, as well as the Findlay Tank breccia pipe. A combined NI 43-101 PEA
has been completed for the Velvet-Wood and Slick Rock Projects. The PEA is preliminary in nature, and
includes inferred mineral resources that are considered too speculative geologically to have economic
considerations applied to them that would enable them to be categorized as mineral reserves and,
resultantly, there is no certainty that the included preliminary economic assessment would be realized.
All conventional uranium assets are situated within a 200-mile radius of the Shootaring Mill.
On behalf of the Board of Directors
ANFIELD ENERGY INC.
Corey Dias, Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Anfield Energy Inc.
Clive Mostert
Corporate Communications
780-920-5044
www.anfieldenergy.com
Safe Harbor Statement
THIS NEWS RELEASE CONTAINS “FORWARD-LOOKING STATEMENTS”. STATEMENTS IN THIS NEWS RELEASE THAT ARE NOT
PURELY HISTORICAL ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS,
EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.
EXCEPT FOR ANY HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN
FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL
RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY
SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY,
FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS “ESTIMATE,” “ANTICIPATE,” “BELIEVE,” “PLAN” OR “EXPECT” OR SIMILAR
STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT
LIMITED TO, STATEMENTS OR INFORMATION RELATED TO THE SIZE OF THE OFFERING, THE USE OF PROCEEDS FROM THE
OFFERING, THE ANTICIPATED CLOSING DATE, THE RECEIPT OF REGULATORY APPROVALS FOR THE OFFERING, THE RISKS
ASSOCIATED WITH MINERAL EXPLORATION AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY’S MOST RECENT
ANNUAL AND QUARTERLY REPORTS AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE
COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES,
FUTURE CAPITAL REQUIREMENTS AND THE COMPANY’S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND
DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY’S EXPLORATION EFFORTS WILL SUCCEED OR THE
COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE
DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING
STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-
LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS
CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR
INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND
SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY’S PERIODIC REPORTS FILED FROM TIME-TO-TIME.
THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS
CONTENTS.