Anfield Gold Corp.
TSX VENTURE : ANF

Anfield Gold Corp.

July 11, 2016 16:30 ET

Anfield Announces Amendment to Cunico Agreement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 11, 2016) - Anfield Gold Corp. (TSX VENTURE:ANF) ("Anfield") announces it has amended the terms of the agreement with Cunico Resources N.V. ("Cunico") in relation to the payments owing by Cunico for the acquisition of the Mayaniquel Project. Under the terms of a Waiver and Amendment Agreement, the payment of the USD$3 million due on June 16, 2016 is now payable in equal installments of USD $1 million on each of July 31, 2016, August 31, 2016, and September 30, 2016 and the payments of USD $3 million owing on each of June 16, 2017 and June 16, 2018 are now payable in twenty-four monthly payments of USD $250,000 on the first day of each month commencing on January 1, 2017 and ending on December 1, 2018. All other terms of the agreement with Cunico remain the same.

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.

Contact Information

  • Anfield Gold Corp.
    Lyle Braaten
    + 604 646-1889
    + 604 687-7041 (FAX)