Anfield Energy Announces Closing of Private Placement Financing

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

VANCOUVER, British Columbia, July 10, 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 brokered private placement in which it issued 81,820,000 units of the Company (“ Units ”) at a price of C$0.055 per Unit (the “ Offering Price ”), for aggregate gross proceeds of C$4,500,100 (the “ Offering ”).

The Offering was conducted by a syndicate of agents led by Haywood Securities Inc., and including Red Cloud Securities Inc. (collectively, the “ Agents ”). Management and directors of Anfield subscribed for an aggregate of 9,080,000 Units representing $499,400 of the gross proceeds of the Offering.

Each Unit was comprised of one […]

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