Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Anfield Energy Inc V.AEC

Alternate Symbol(s):  ANLDF | V.AEC.WT

Anfield Energy Inc. is a Canada-based uranium and vanadium development and near-term production company. A key asset in the Company’s portfolio is the Shootaring Canyon Mill in Garfield County, Utah. The Shootaring Canyon Mill is located within the uranium production areas in the United States and is the licensed uranium mill in the United States. Its conventional uranium assets consist of mining claims and state leases in southeastern Utah, Colorado, and Arizona, targeting areas where past uranium mining or prospecting occurred. Its conventional uranium assets include the Velvet-Wood Project, the Slick Rock Project, the West Slope Project, the Frank M Uranium Project, as well as the Findlay Tank breccia pipe. The Shootaring Canyon Mill is located approximately 48 miles south of Hanksville, Utah. The Company also holds the Marquez-Juan Tafoya uranium project (Juan Tafoya) located in the Grants Uranium Mineral District, about 50 miles west-northwest of Albuquerque, New Mexico.


TSXV:AEC - Post by User

Post by gladiatoroon Sep 27, 2023 12:13pm
81 Views
Post# 35657134

MORE CASH...

MORE CASH...
 
Corey Dias, Anfield's CEO commented: "We
are pleased to have executed this dual-
pronged financing plan, facilitated with
Extract, a shareholder of the Company. The
facility offers us repayment flexibility and
moderated against what would have been
larger share dilution on the recent equity
financing. The funds not only help to
advance the Shootaring Canyon Mill - which
represents only one of three licensed,
permitted and constructed conventional
uranium mills in the United States - but will
also provide Anfield with additional financial
flexibility as we continue to advance and
grow our strategic US-based uranium and
vanadium portfolio."
The Credit Facility
Under the terms of the Credit Agreement
Extract shall provide Anfield with a single-
draw, secured loan for $4.3 million. 

Looking good as the company advances it's plans to have only 1 of three licensed uranium mines in the USA , certainly in great position to capitalize on this MASSIVE URANIUM BULL RUN...and NO share holder dilution...KEY.
<< Previous
Bullboard Posts
Next >>