Mr. Corey Dias reports

ANFIELD RECEIVES TSX VENTURE EXCHANGE APPROVAL FOR ITS URANIUM ONE TRANSACTION

Anfield Resources Inc. has received TSX Venture Exchange approval for the Uranium One transaction which entails the acquisition of Uranium One's U.S. conventional uranium assets. In addition, the TSX Venture Exchange has approved the recently announced $1.05-million financing through both the private placement and the debenture. With these approvals, Anfield now expects the closing of the transaction to take place by Aug. 31.

Corey Dias, Anfield chief executive officer, stated: "We are very pleased to have received TSX Venture Exchange approval for the Uranium One transaction. We now look forward to closing the transaction in the coming days."

As a reminder, Anfield is acquiring the following key assets from Uranium One:

• The Shootaring Canyon mill, located in Garfield county, Utah;
• The Velvet-Wood uranium project, located in San Juan county, Utah;
• Surface stockpiles containing uranium mineralized material;
• A 50-per-cent interest in a joint venture on the Wate breccia pipe project in northern Arizona, with the joint venture partner being Energy Fuels Inc.;
• The Frank M uranium project, located in Garfield county, Utah;
• Royalty interests in four uranium development projects;
• Additional uranium exploration targets in Utah, Arizona and South Dakota.

We seek Safe Harbor.