Anfield Energy Inc. entered into a definitive agreement to acquire 100% Interest in 65 Unpatented Mining Claims and Historical Data of the Marysvale Uranium Project from Nedeel LLC and BBL-2 LLC.

Anfield Energy Inc. (TSXV:AEC) entered into a definitive agreement to acquire 100% Interest in 65 Unpatented Mining Claims and Historical Data of the Marysvale Uranium Project from Nedeel LLC and BBL-2 LLC on January 3, 2023. In a related transaction, Anfield Energy Inc. also entered into a definitive agreement to acquire 100% interest in 26 unpatented mining claims and historical data of the Calf Mesa uranium project, located in Emery County, Utah. As consideration for the claims and associated data, the Sellers will receive $60,000 in cash and 9 million common shares (the “Consideration Shares”) of Anfield.

Completion of the acquisition of the Claims, and the issuance of the Consideration Shares, remains subject to the approval of the TSX Venture Exchange. Following issuance, the Consideration Shares will be subject to statutory restrictions on resale for a period of four-months-and-one-day. No finders' fees or commissions are owing by the Company in connection with the acquisition of the Claims.