Anfield Energy Inc (ANLDF)

[Jose Chavez]

Anfield is also pleased to announce that it has completed the previously announced asset swap to exchange certain of its properties for properties of UEC (the “Property Swap” and, together with the Debt Settlement, the “Transactions”). Pursuant to the terms of the Property Swap, Anfield acquired UEC’s interest in the Slick Rock uranium-vanadium property (“Slick Rock”) located in San Miguel County, Colorado, in exchange for UEC acquiring Anfield’s in-situ recovery uranium asset portfolio in Wyoming. Slick Rock further consolidates Anfield’s position in the uranium-vanadium rich Uravan Mineral Belt, proximal to the Company’s Shootaring Canyon Mill.