Mr. Corey Dias reports

STATE OF WYOMING IS PROACTIVE IN APPROACH TO AID URANIUM COMPANIES ALONG PATH TO PRODUCTION

Anfield Energy Inc. has learned that Wyoming Governor Matt Mead has signed an agreement with the U.S. Nuclear Regulatory Commission (NRC) which gives the Wyoming Department of Environmental Quality (DEQ) the authority to regulate uranium recovery operations in Wyoming. With this approval, Wyoming becomes the 38th state to receive agreement state status.

Mr. Mead stated: "Wyoming DEQ has done a great job ensuring that all the program requirements have been met and will continue to be effectively implemented. I thank the NRC and DEQ for standing this program up quickly and cost-efficiently."

This is a significant -- and positive -- development for Anfield. Under the Wyoming DEQ approval process, the company will be able to advance the Charlie project more quickly upon the expected closing of the transaction with Cotter Corp.

As reported in the company's previous news release dated Sept. 5, 2018, the recently announced resource estimate for the Charlie project includes:

• An indicated mineral resource of 1.26 million tons of mineralized material with an average grade of 0.123 per cent triuranium octoxide equivalent (equivalent to an indicated resource of 3.1 million pounds of eU3O8);
• An inferred mineral resource of 558,000 tons of mineralized material with an average grade of 0.125 per cent eU3O8 (equivalent to an inferred resource of 1.4 million pounds of eU3O8);
• An exploration target ranging from 280,000 to 680,000 tons with an average grade ranging from 0.090 to 0.151 per cent eU3O8 (equivalent to an exploration target ranging from 500,000 to 1.3 million pounds of eU3O8).

Corey Dias, Anfield chief executive officer, stated: "We are very pleased to see Wyoming achieve agreement state status. This is critical as it will allow for an even faster path to the licensing and permitting of projects, similar to what we have experienced in Utah. Moreover, it creates a much more straightforward path towards potential production for our 25 Wyoming-based uranium projects, including the Charlie project, as the timeline for licensing and permitting is expected to decrease in this new environment. As a reminder, Charlie is the focus of Anfield's near-term ISR production strategy. Anfield's near-term goal of creating a uranium production complex in Wyoming through the combination of Charlie and Anfield's resin-processing agreement with Uranium One is strengthened by this news."

About Anfield Energy Inc.

Anfield is a uranium and vanadium development and near-term production company that is committed to becoming a top-tier energy-related fuels supplier by creating value through sustainable, efficient growth in its assets.

We seek Safe Harbor.