Proactive Investors - Run By Investors For Investors

Anfield Energy boosts private placement to C$3.5mln on the back of high demand

The company said proceed will be used for project development, property costs and general working capital.
Anfield Energy boosts private placement to C$3.5mln on the back of high demand
Anfield is a uranium and vanadium development company

Anfield Energy Inc. (CVE:AEC, OTCQB:ANLDF, FRANKFURT:0AD) announced today that it has boosted its non-brokered private placement to C$3.5mln.

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 17.5mln 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 finders' fees may be paid.

View full AEC profile View Profile

Anfield Energy Inc. Timeline

Related Articles

oil and gas operations
July 09 2018
Greka highlighted improved revenues which boosted gross profit despite the challenges experienced in India and China through 2017.
Offshore oil rig
November 01 2018
Calculated EMV10s for the contingent resources stood at US$118mln and US$82mln for the prospective resources
October 24 2018
Echo recently completed a four-well workover campaign at Fraccion D, while earlier in the year four exploration wells were drilled back-to-back.

© 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