Anfield Energy Closes Oversubscribed Private Placement
December 24, 2020 12:21 ET
| Source:
Anfield Energy Inc.
Anfield Energy Inc.
VANCOUVER, British Columbia, Dec. 24, 2020 (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 oversubscribed, non-brokered private placement. The private placement, consisting of 42,477,770 Units at a price of $0.065 per Unit, raised gross proceeds of $2,761,055 (the “
Offering”). Each Unit consists of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share at a price of $0.10 until December 22, 2022. Red Cloud Securities, Inc. acted as a finder with respect to the Offering.