Bayfield Ventures Corp. (TSX VENTURE:BYV)
(PINKSHEETS:BYVVF)(FRANKFURT:B4N)announces, further to its news release of April
22nd, that it has increased its non-brokered private placement to up to
4,000,000 units (the "Unit") at a price of $0.25 per unit to raise proceeds of
up to $1,000,000. Each Unit consists of one common share and one
non-transferable share purchase warrant (the "Warrant"). Each Warrant will
entitle the holder to purchase one common share for a period of two years at a
price of $0.255 per share.


Bayfield has also increased its non-brokered private placement to up to
2,500,000 flow-through units (the "FT Units") at a price of $0.30 per FT Unit to
raise proceeds of up to $750,000. Each FT Unit consists of one flow-through
common share and one non-transferable non flow-through warrant (the "NFT
Warrant"). Each NFT Warrant will entitle the holder to purchase one non
flow-through common share for a period of two years at a price of $0.35 per
share.


Bayfield Ventures intends to utilize the proceeds from these private placements
for a planned exploration and drill program on its 100% owned Burns Block and
"B" Block gold-silver projects located in the Rainy River district of
north-western Ontario and for general working capital purposes. The Company's
planned exploration and drill program will follow report recommendations
contained in the recently completed Independent Mineral Resource Estimate
entitled "BURNS BLOCK NATIONAL INSTRUMENT 43-101 COMPLIANT TECHNICAL REPORT,"
dated January 14, 2014 prepared by Riverbend Geological Services Inc. and a
Technical Report entitled ""B" BLOCK NATIONAL INSTRUMENT 43-101 COMPLIANT
TECHNICAL REPORT," dated Feb. 14, 2014.


Rainy River District Gold Zones:
http://www.bayfieldventures.com/i/maps/BYV-Burns-Gold-Zones-NOV-2012.jpg

A finder's fee of up to 7% cash and 7% non-transferable NFT warrants (the
"Finder's Warrants") may be paid in connection with these private placement
offerings. Each Finder's Warrant will entitle the Finder to purchase a common
share at a price of $0.255 per share for the NFT Units and $0.35 per share for
the FT Units for a period of two years from the closing date of the private
placements.


All the securities issuable will be subject to a four-month hold period from the
date of closing. The above transactions are subject to the acceptance of the TSX
Venture Exchange.


About Bayfield Ventures Corp.:

Bayfield Ventures Corp. is exploring for gold and silver in the Rainy River
District of north-western Ontario. Bayfield Ventures goal is to increase
shareholder value by developing exploration projects near world-class deposits
that have the potential of becoming new discoveries.


For further information on Bayfield Ventures Corp. (TSX VENTURE:BYV), visit the
Company's web site at www.bayfieldventures.com.


ON BEHALF OF THE BOARD OF DIRECTORS

James G. Pettit, Chairman and CEO 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.


This release includes certain statements that may be deemed to be
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address events or developments that
management of the Company expects, are forward-looking statements. Although
management believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance, and actual results or developments may differ
materially from those in the forward-looking statements. The Company undertakes
no obligation to update these forward-looking statements if management's
beliefs, estimates or opinions, or other factors, should change. Factors that
could cause actual results to differ materially from those in forward-looking
statements, include market prices, exploration and development successes,
continued availability of capital and financing, and general economic, market or
business conditions. Please see the public filings of the Company at
www.sedar.com for further information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bayfield Ventures Corp.
James G. Pettit
Chairman and CEO
604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)


Bayfield Ventures Corp.
Don Myers
Director
604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)
info@bayfieldventures.com
www.bayfieldventures.com


Envoy Strategic Partners Investor Relations
Jay Bedard
416-977-7778
jay@envoystrategicpartners.com

(TSXV:BYV)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024  차트를 더 보려면 여기를 클릭.
(TSXV:BYV)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024  차트를 더 보려면 여기를 클릭.