Anfield Gold (ANF-V) Sept 15, '16 is pleased to announce that it has completed its non-brokered private placement of common shares in the capital of Anfield previously announced in Anfield's news releases dated August 22, 2016 and September 7, 2016. Anfield issued 23,703,703 Shares at a price per Share of $1.35 for gross proceeds of CDN $31,999,999.05.
The net proceeds of the Private Placement will be used for costs associated with the development of Anfield's Coringa Gold Project and general working capital purposes.
Shares issued under the Private Placement will be subject to a four month hold period ended January 16, 2017. Shares issued to U.S. purchasers are also subject to a restriction on resale pursuant to U.S. securities laws. Finder's fees of 4% of the proceeds from certain subscribers were paid to Haywood Securities Inc., Fort Capital Corp., PI Financial Inc., and Trimark Trading.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, or applicable state securities laws, and may not be offered or sold to persons in the United States absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Anfield Gold Corp.
Marshall Koval, Chairman, President & CEO
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 news release.
Martin Rip 604 646-1884 604 687-7041
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