Anfield Resources to launch warrant exercise program

Alpha Stox August 3, 2017 Comments Off
Anfield Resources to launch warrant exercise program

Mr. Corey Dias reports


Anfield Resources Inc. will immediately implement an incentive program to encourage the early exercise of up to 3.75 million warrants issued on Aug. 25, 2015, 6.2 million warrants issued on March 15, 2016, 7,412,882 warrants issued on June 19, 2016, 4,347,825 warrants issued on Sept. 18, 2016, and 28,880,615 warrants issued on March 3, 2017.

In accordance with the terms of the program, the exercise price of the warrants will be temporarily reduced to allow warrantholders to acquire 1.6 common shares of the company for 10 cents. This equates to an effective exercise price per warrant of 6.25 cents. In order to qualify for the program, any warrants must be exercised prior to 5 p.m. PT on Aug. 25, 2017. Any warrants which are not exercised prior to the deadline will continue to be exercisable in accordance with their terms. In accordance with the policies of the TSX Venture Exchange, following expiry of the program no further amendments to the terms of the warrants or additional exercise incentive programs will be permitted.

Warrantholders looking to participate in the program are encouraged to contact the company.

About Anfield Resources Inc.

Anfield is an energy metals exploration, 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 energy metals assets.

We seek Safe Harbor.

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