Anfield Energy Inc.

09:33 AM EST - Anfield Energy Inc. : Announced that it has commissioned Precision Systems Engineering, a Utah-based engineering firm, to complete a reactivation proposal for the Shootaring Canyon Mill. The proposal, expected to be completed in Q2/23, will include a detailed study of the existing facility and uranium circuit, along with a preliminary design of a new vanadium circuit, along with detailed cost estimates related to full reactivation of the Shootaring facility. The proposal will also be provided to the State of Utah as part of Anfield’s work to advance its radioactive materials license from its current standby status to production-ready status. Upon completion, PSE will manage the equipment procurement process on behalf of Anfield through the creation of bidding packages to be provided to qualified vendors. Anfield Energy Inc. shares V.AEC are trading unchanged at $0.08.

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