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AEC.V ·

Anfield Resources Grants Options

Share Capital & Compensation

Mailing Address:

PO Box 17528, The Ritz PO

Vancouver, B.C. V6E 0B2

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: ARY

OTCQB: ANLDF

FRANKFURT: 0AD

Anfield Resources Grants Options

VANCOUVER, BRITISH COLUMBIA -- August 8, 2018 — Anfield Resources Inc. ) (“Anfield” or “the

Company”) wishes to announce that it has granted 4,102,000 incentive stock options to directors,

officers, employees and consultants at $0.55 with a 5 year term expiring on August 7, 2023, in

accordance with TSX Venture Exchange policies.

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 two

production centres, as summarized below:

Wyoming – Irigaray ISR Processing Plant (Resin Processing Agreement)

Anfield has signed a Resin 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.

In addition, the Company can both buy and borrow uranium from Uranium One in order to fulfill some or

all of its sales contracts.

Anfield’s 24 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 two projects in Wyoming

for which NI 43-101 resource reports have been completed are Red Rim and Clarkson Hill.

The Charlie Project, the asset which was the core component of a recently-announced transaction

between Anfield and Cotter Corporation, 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.

Arizona/Utah – 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 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, as well as the Findlay

Tank breccia pipe. An NI 43-101 Preliminary Economic Assessment has been completed for the Velvet-

Wood Project. All conventional uranium assets are situated within a 125-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 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.