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To: heinz44 who wrote (63575)	12/10/2010 1:50:36 PM
From: Veteran98	Read Replies (2) of 233869

SFF ... Seafield increases offering to 30 million units Ticker Symbol: C:SFF Seafield increases offering to 30 million units Seafield Resources Ltd (C:SFF) Shares Issued 101,881,092 Last Close 12/9/2010 $0.62 Friday December 10 2010 - News Release Mr. Anthony Roodenburg reports SEAFIELD INCREASES PRIVATE PLACEMENT TO $15,000,000 Seafield Resources Ltd. is increasing the size of its non-brokered private placement (previously announced in Stockwatch on Dec. 9, 2010) to up to 30 million units at a price of 50 cents per unit, for gross proceeds of up to $15-million. Each unit will consist of one common share of the company and one common share purchase warrant with each warrant entitling the holder thereof to purchase a common share at an exercise price of 75 cents for a period of two years following the closing of the offering. In addition, the company intends to pay finders' fees to parties that refer subscribers to the company equal to 6 per cent of the proceeds of the offering and will also issue broker warrants equal to 6 epr cent of the number of units issued pursuant to the offering. Each broker warrant will entitle the holder to acquire a unit for a period of two years from the date of issuance exercisable at a price of 50 cents per unit. Proceeds of the offering will be used for general working capital purposes. The securities issued are subject to a four-month hold period from the date of issuance. Completion of the private placement is subject to final acceptance of the TSX Venture Exchange. ? 2010 Canjex Publishing Ltd.

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