WINFIELD CLOSES FIRST TRANCHE OF FINANCING

Winfield Resources Ltd. has closed the first tranche of its non-brokered private placement of up to 10 million units at a price of five cents per unit. The first tranche consists of the issuance of 7.69 million units for proceeds of $384,500. Each unit consists of one common share and a warrant to purchase an additional common share at an exercise price of 10 cents per share on or before July 30, 2011.
Finders’ fees of 1,927,000 finders’ warrants and $1,000 cash are to be paid on the private placement. Each finder’s warrant is exercisable into one common share at an exercise price of 10 cents per share on or before July 30, 2011.
We seek Safe Harbor.