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Anfield Resources Inc. Receives Conditional Approval from the Utah Division of Radiation Control for Shootaring Mill License Transfer
(via Thenewswire.ca) VANCOUVER, BRITISH COLUMBIA / TNW-ACCESSWIRE / October 30, 2014 /...
About this update from Anfield Energy Inc
[{"type":"text","content":"Anfield Resources Inc. Receives Conditional Approval from the Utah Division of Radiation Control for Shootaring Mill License Transfer(via Thenewswire.ca)\n\n \nVANCOUVER, BRITISH COLUMBIA / TNW-ACCESSWIRE / October 30, 2014 / Anfield Resources Inc. (TSX.V: ARY)(OTCQB: ANLDF) (Frankfurt: 0AD) (\"Anfield\" or \"the Company\") is pleased to announce that the Utah Division of Radiation Control (\"UDRC\") has granted conditional approval to transfer ownership of the Shootaring Canyon Uranium Mill (\"Shootaring Mill\") radioactive materials license from Uranium One Americas, Inc. (\"Uranium One\") to Anfield. In connection with the conditional approval, the UDRC has agreed to extend the date for submitting the license renewal application to October 31, 2015 to allow Anfield to prepare a license renewal application. This application will outline the modifications to the Shootaring Mill facility that Anfield believes are necessary in order for the Shootaring Mill to achieve operating status. The application to transfer ownership was jointly filed by Uranium One and Anfield pursuant to definitive agreements, announced on August 18, 2014, under which Anfield has agreed to acquire the Shootaring Mill and a portfolio of conventional uranium assets from Uranium One (\"Shootaring Transaction\"). The UDRC is the regulatory entity in Utah responsible for licensing the Shootaring Mill.\n\n\n \nA conditional approval indicates that the UDRC has consented to the radioactive materials license transfer subject to submitting an acceptable replacement surety to the UDRC and closing of the Shootaring Transaction. After the closing of the Shootaring Transaction, Anfield will request an amendment to the license to change the name of the licensee to Anfield and will be subject to a minimum 30-day public comment period and possible public hearing, after which the license will be amended to list Anfield as the licensee. Anfield will then prepare a license renewal application for the restart of the Shootaring Mill.\n\n\n \nIn addition to receiving conditional approval for transfer of the Shootaring Mill radioactive materials license, Anfield has received conditional approval from the TSX for the Shootaring Transaction to occur, and has received approval from the Federal Communications Commission (FCC) for the transfer of a radio communications license associ...