- Anfield Energy (AEC) has amended the terms of its non-brokered private placement
- The offering now consists of up to 90,000,000 units at a price of $0.085 per unit for gross proceeds of up to $7,650,000
- Anfield is a Vancouver-based uranium and vanadium development company
- The company recently diversified into gold exploration with its acquisition of the Newsboy Gold Project in Arizona
- Anfield Energy (AEC) opened trading at C$0.10 per share
Anfield Energy (AEC) has amended the terms of its previously announced non-brokered private placement.
The offering now consists of up to 90,000,000 units at a price of $0.085 per unit, for gross proceeds of up to $7,650,000. Each unit consists of one common share and one share purchase warrant. Each purchase warrant entitles the holder to acquire an additional common share at a price of $0.13 for a period of twenty-four months.
Red Cloud Securities, Inc. is acting as a finder.
The private placement may be closed in tranches. All securities to be issued in connection with the private placement will be subject to a four-month statutory hold period in accordance with applicable securities laws.
The proceeds from the private placement will be used for property-related costs and development, and general working capital.
Anfield is a Vancouver-based uranium and vanadium development company. It recently diversified into gold exploration with its acquisition of the Newsboy Gold Project in Arizona.
Shares of Anfield Energy Inc. (AEC) opened trading at C$0.10.