May 22, 2014 16:30 ET
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 22, 2014) - Anfield Nickel Corp. ("Anfield") (TSX VENTURE:ANF) announces that it has received a loan of Cdn $150,000 from 0914852 BC Ltd. The loan accrues interest at a rate of 12% per annum, and is compounded yearly and not in advance. The loan is repayable on or before the earlier of June 30, 2014, or proportionally, on a pro-rata basis with all outstanding loans owed by the Company, when any other payment is made on such outstanding loans. The loan cannot be converted into, exchanged for or otherwise modified to create any obligation on Anfield to issue, directly or indirectly, any equity or voting securities of Anfield or any subsidiary of Anfield, including with respect to the repayment of either principal or interest accruing in respect of the loan. The loan will be used for working capital and general corporate purposes, and will assist Anfield to continue normal course operations.
Anfield Nickel Corp.
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Anfield Nickel Corp.David Strang+ 604 646-1899+ 604 687-7041 (FAX)
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