Mr. Corey Dias reports

ANFIELD ENERGY INCREASES PRIVATE PLACEMENT TO $3.5 MILLION AND CLOSES INITIAL TRANCHE

Anfield Energy Inc. has increased the size of its non-brokered private placement to 17.5 million units at a price of 20 cents per unit for gross proceeds of up to $3.5-million. The company has closed an initial tranche of the placement through the issuance of 13,764,966 units for proceeds of $2,752,993. As a reminder, 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 30 cents for a period of three years.

In connection with completion of the initial tranche of the placement, the company has paid $74,356 and issued 301,700 warrants to certain arm's-length third parties who have assisted the company by introducing subscribers to the placement. All securities issued in connection with completion of the initial tranche of the placement are subject to a four-month-and-one-day statutory hold period prescribed by applicable securities laws. The completion of any further tranches of the placement remains subject to the approval of the TSX Venture Exchange.

The proceeds from the placement will be used for the development of the Charlie project, property maintenance costs and general working capital.

About Anfield Energy Inc.

Anfield Energy 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.