Anfield Energy Announces Appointment of Chairman
September 20 2022 - 7:00AM
Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT:
0AD) (“Anfield” or the
“Company”) is
pleased to announce that Mr. Kenneth Mushinski has agreed to join
the Board of Directors of Anfield as non-Executive Chairman.
Mr. Mushinski brings significant nuclear-related
knowledge and expertise to the Board via his 33 years of senior
hands-on roles at General Atomics Corporation (Vice President of
Corporate Planning and Acquisitions) and its various subsidiaries:
uranium producer Quasar Resources (President), uranium developer
Cotter Corporation (President), General Atomics Uranium Resources
(Vice President) and rare-earth technology developer Synchron
(President). Mr. Mushinski has also served both as Board Chairman
for Cotter Corporation, technology developer Diazyme Shanghai and
chemical manufacturer Miltec Inc. and as a management committee
member for the Honeywell/General Atomics ConverDyn partnership.
Mr. Mushinski's responsibilities at the above
entities included identifying, negotiating and executing with
regard to mergers and acquisitions; operational and financial
planning of uranium operations, including sales, marketing and
contracting, budgeting, scheduling; and regulatory affairs,
including governmental interactions, licensing, permitting,
reclamation and decommissioning.
Mr. Mushinski holds both a Master of Business
Administration and Bachelor of Science, Mechanical Engineering,
Summa Cum Laude, from San Diego State University.
"We are very excited that Ken has agreed to join
Anfield's Board, given his plethora of experience in the nuclear
sector, along with his rare-earth credentials. Ken's
production-related operational experience, combined with both his
contracting sales and marketing execution and relationship with not
only worldwide utilities but also conversion facility ConverDyn
significantly bolsters the Board's uranium knowledge base. Finally,
his direct experience related to Anfield's West Slope uranium and
vanadium mines should facilitate our production opportunity with
regard to this project."
Anfield also announces that it has granted
35,308,828 incentive stock options to certain directors, officers,
employees and consultants of the Company at a price of $0.10 with a
five-year term expiring on September 20, 2027.
About Anfield
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. Anfield is a publicly
traded corporation listed on the TSX-Venture Exchange (AEC-V), the
OTCQB Marketplace (ANLDF) and the Frankfurt Stock Exchange (0AD).
Anfield is focused on its conventional asset centre, as summarized
below:
Arizona/Utah/Colorado – Shootaring Canyon Mill
A key asset in Anfield’s portfolio is the
Shootaring Canyon Mill in Garfield County, Utah. The Shootaring
Canyon Mill is strategically located within one of the historically
most prolific uranium production areas in the United States, and is
one of only three licensed uranium mills in the United States.
Anfield’s conventional uranium assets consist of
mining claims and state leases in southeastern Utah, Colorado, and
Arizona, targeting areas where past uranium mining or prospecting
occurred. Anfield’s conventional uranium and vanadium assets
include the Slick Rock Project, the Velvet-Wood Project, the Frank
M Uranium Project, the West Slope Project, the Long Park Project as
well as the Findlay Tank breccia pipe. All conventional uranium
assets are situated within a 200-mile radius of the Shootaring
Mill.
On behalf of the Board of DirectorsANFIELD
ENERGY INC.Corey Dias, Chief Executive Officer
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Contact:Anfield Energy Inc.Clive MostertCorporate
Communications780-920-5044contact@anfieldenergy.comwww.anfieldenergy.com
Safe Harbor Statement
THIS NEWS RELEASE CONTAINS “FORWARD-LOOKING
STATEMENTS”. STATEMENTS IN THIS NEWS RELEASE THAT ARE NOT PURELY
HISTORICAL ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY
STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS
REGARDING THE FUTURE.
EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED
HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN
FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND
UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY
FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR
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FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR
THAT INCLUDE SUCH WORDS AS “ESTIMATE,” “ANTICIPATE,” “BELIEVE,”
“PLAN” OR “EXPECT” OR SIMILAR STATEMENTS ARE FORWARD-LOOKING
STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT
ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH MINERAL EXPLORATION
AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY’S MOST RECENT
ANNUAL AND QUARTERLY REPORTS AND FROM TIME-TO-TIME IN OTHER
PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS
INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS,
COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE
COMPANY’S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND
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COMPANY’S EXPLORATION EFFORTS WILL SUCCEED OR THE COMPANY WILL
ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING
STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE
COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING
STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD
DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS.
ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS
AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE
CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR
INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL
OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE
RISK FACTORS DISCLOSED IN THE COMPANY’S PERIODIC REPORTS FILED FROM
TIME-TO-TIME.
THIS NEWS RELEASE HAS BEEN PREPARED BY
MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS
CONTENTS.
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