- Anfield Energy (AEC) has announced a private placement of up to C$8,250,000
- It will use the proceeds for general working capital and property-related costs and development
- Anfield is a uranium and vanadium development and near-term production company operating out of the U.S.
- The company recently diversified into gold exploration with its acquisition of the Newsboy Gold Project in Arizona
- Anfield Energy (AEC) is up by 4.76 per cent trading at $0.11 per share
Anfield Energy (AEC) has announced a private placement of up to C$8,250,000.
The non-brokered placement is comprised of up to 75,000,000 units priced at $0.11 per unit.
Each unit consists of one common share and one share purchase warrant.
Each warrant entitles the holder to purchase one common share priced at $0.15 for 24 months.
The company will use the proceeds for general working capital and property-related costs and development.
The private placement may be closed in tranches.
Red Cloud Securities is acting as a finder for the offering.
Anfield is a uranium and vanadium development and near-term production company operating out of the U.S. It recently diversified into gold exploration with its acquisition of the Newsboy Gold Project in Arizona.
Anfield Energy (AEC) is up by 4.76 per cent trading at $0.11 per share as of 9:30 am EST.