Anfield Energy Closes US$6.9 million Underwritten Public Offering
Anfield Energy Inc. (TSX.V: AEC, NASDAQ: AEC, Frankfurt: 0AD) closed an underwritten public offering of 1,715,000 common shares, including the full option for 233,695 additional shares, at US$4.00 per share for gross proceeds of about US$6.9 million. Net proceeds will fund capital commitments at its Paradox, Velvet-Wood, Slick Rock and Shootaring Canyon Mill projects and general purposes. Uranium Energy Corp. (UEC) bought 625,000 shares for US$2.5 million.
