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Anfield Energy Closes Oversubscribed Private Placement of $3.1 million

Provided By GlobeNewswire

Last update: Dec 22, 2023

VANCOUVER, British Columbia, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce that it has closed its oversubscribed non-brokered private placement via the issuance of 47,726,100 Units at a price of $0.065 per Unit, for gross proceeds of $3,104,537 (“the Offering”). 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 $0.10 until December 20, 2025.

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