Anfield Energy inks deal to acquire uranium projects in Wyoming and Colorado
Anfield will issue Cotter Corp with shares such that it owns a 19.9% interest in, the firm said in a release
Company
CVE:AEC
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.
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Anfield will issue Cotter Corp with shares such that it owns a 19.9% interest in, the firm said in a release
The governor has signed an agreement about the regulation of the uranium recovery operations in the state
Anfield Energy's project lies in the Pumpkin Buttes district in Johnson County, Wyoming
The company said the funds will be used for both the development of the Anfield’s uranium and vanadium assets and general working capital.
The company said proceed will be used for project development, property costs and general working capital.
The company said the private placement may be closed in tranches
Lunsford’s regional expertise and uranium knowledge will be a significant asset, said Anfield
Anfield’s already holds a substantial uranium database..
So far, the firm's three completed resource reports have increased its indicated uranium resource by around 3.6mln pounds .
The property lies in the Powder River Basin in Wyoming near an existing uranium ISR (in-situ recovery) mine
The property consists of a whopping 720-acre Wyoming State uranium lease
Anfield Energy has a suite of attractive assets containing uranium and vanadium
The change in name reflects a desire to emphasize the company's focus on energy metals.