(via Thenewswire.ca)
VANCOUVER, BRITISH COLUMBIA / TheNewswire / August 24, 2016 – Anfield Resources Inc. (TSX.V: ARY) (OTCQB: ANLDF) (FRANKFURT: 0AD) (“Anfield” or “the
Company”), is pleased to announce a strategic financing, offering 4,347,826 Units at $0.23, for total
proceeds of $1 million. Each Unit consists of one common share and one share purchase warrant, with each warrant exercisable
at $0.40 for a two-year term. Finders’ fees may be paid in certain instances. The private placement has been fully
allocated.
Corey Dias, Anfield’s CEO stated, “The Company continues to pursue a multi-faceted acquisition
approach to strengthen and diversify its holdings. Following closely on the heels of the announcement of the LOI to explore the
vanadium potential of Anfield’s properties, this strategic financing will allow the Company to continue to grow the project and
develop its asset base.”
The proceeds of $1,000,000 will be used for growing and developing its holdings, and for general
corporate expenses.
The foregoing is subject to regulatory approval.
On behalf of the Board of Directors
ANFIELD RESOURCES INC.
Corey Dias,
Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Contact:
Anfield Resources Inc.
Clive Mostert
Corporate Communications
780-920-5044
info@anfieldresources.com
608, 1199 West Pender Street
Vancouver, B.C. V6E 2R1
T. 604.687.0300
F. 604-687-0151
www.anfieldresources.com
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THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS". STATEMENTS IN THIS NEWS RELEASE THAT ARE
NOT PURELY HISTORICAL ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR
INTENTIONS REGARDING THE FUTURE.
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THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS,
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ASSOCIATED WITH MINERAL EXPLORATION AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL AND QUARTERLY
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THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY
ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS,
PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS,
EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD
ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME.
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SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY
JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE
SECURITIES LAWS OF ANY SUCH JURISDICTION.
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