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AEC.V ·

Anfield Energy Announces Marketing Agreement

Marketing Announcement

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 Marketing Agreement

VANCOUVER, BRITISH COLUMBIA – Stockwatch – January 24, 2022 — Anfield Energy Inc. (TSX.V: AEC;

OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce that, in a

continued effort to raise online marketing awareness, the Company has engaged Texas -based Winning

Media LLC (“Winning Media”) to provide comprehensive digital media marketing campaigns for Anfield.

The services to be provided by Winning Media include digital media, marketing strategies, advertising and

awareness campaigns. The initial engagement of Winning Media will run for a period of one month for a

fee of US$125,000. Neither Winning Media nor any of its principals currently own any interest, directly or

indirectly, in Anfield.

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 also a precious metals development company. 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 three asset centres, as summarized below:

Wyoming – Resin Capture and Processing Agreement

Anfield has signed a Resin Capture and Processing Agreement with Uranium One whereby Anfield would

process up to 500,000 pounds per annum of its mined material at Uranium One’s Irigaray processing plant

in Wyoming.

The Charlie Project, Anfield’s flagship uranium project, is located in the Pumpkin Buttes Uranium District

in Johnson County, Wyoming. The Charlie Project consists of a 720-acre Wyoming State uranium lease

which has been in development since 1969. A Preliminary Economic Assessment has been completed for

the Charlie Project.

Anfield’s 24 remaining ISR mining projects are located in the Black Hills, Powder River Basin, Great Divide

Basin, Laramie Basin, Shirley Basin and Wind River Basin areas in Wyoming. Anfield’s three projects in

Wyoming for which NI 43-101 resource reports have been completed are Red Rim, Nine Mile Lake and

Clarkson Hill.

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 uraniu m production areas

in the United States, and is one of only three licensed uranium mills in the United States.

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’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 Frank M Uranium Project, the West

Slope Project as well as the Findlay Tank breccia pipe. An NI 43-101 Preliminary Economic Assessment has

been completed for the Velvet -Wood Project. The PEA is preliminary in nature, and includes inferred

mineral resourc es that are considered too speculative geologically to have economic considerations

applied to them that would enable them to be categorized as mineral reserves, and there is no certainty

that the 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 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

[email protected]

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 THE 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, 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 SEEKING THE CAPITAL NECESSARY

TO COMPLETE THE PROPOSED TRANSACTION, 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 WILL BE ABLE TO COMPLETE THE PROPOSED TRANSACTION,

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.