Anfield Energy Inc. has reached an agreement with Extract Advisors LLC to modify the terms of its existing credit facility. The amendment includes Extract’s approval of Anfield’s planned acquisition of B.R.S. Inc., as previously announced by the company.
This change follows earlier updates to the credit facility and reflects ongoing financial arrangements to support Anfield’s strategic growth initiatives.
**Why this matters**
The amendment ensures that Anfield Energy can proceed with its acquisition without breaching credit agreements, providing financial flexibility for the company’s expansion efforts. This development may impact Anfield’s operational and financial positioning moving forward.