Proactive Investors - Run By Investors For Investors

Anfield Energy announces C$2.5mln private placement

The company said the private placement may be closed in tranches
Anfield Energy announces C$2.5mln private placement
Funds will be used to develop Anfield’s uranium and vanadium assets

Anfield Energy Inc. (CVE:AEC, OTCQB:ANLDF, FRANKFURT:0AD) announced today that it has arranged a non-brokered private placement to raise C$2.5mln in funds.

The company said funds will be used to develop Anfield’s uranium and vanadium assets, property costs and general working capital.

The company will issue 12.5mln units at a price of C$0.20. 

Each unit consists of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share at a price of C$0.40 for a period of five years.

The company said the private placement may be closed in tranches and finders' fees may be paid. 

View full AEC profile View Profile

Anfield Energy Inc. Timeline

Related Articles

gas pipes
October 22 2018
GDC is working with Altaaqa and other equipment suppliers to fast track six generators
High Peak chairman Andy Carroll at a CEO Session
November 22 2018
High Peak claims royalties from oil and gas endeavours on Australian and US landholdings.
1542291002_5485566276_150f71870a_o.jpg
November 15 2018
This party is offering financing alongside services for the OPL226 development project and is reported to have strong familiarity with the region.

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use