Beaufield Resources Inc

Canadian Resource Exploration Company

Category: Uncategorized

BEAUFIELD’S SHAREHOLDERS OVERWHELMINGLY APPROVE OSISKO MINING’S ACQUISITION OF BEAUFIELD

Montréal, Québec and Toronto, Ontario (October 12, 2018) – Osisko Mining Inc. (TSX: OSK) (“Osisko“) and Beaufield Resources Inc. (TSX-V: BFD) (“Beaufield“) are pleased to announce that Beaufield’s shareholders voted, at the special meeting of Beaufield’s shareholders held earlier today (the “Beaufield Meeting“), overwhelmingly to approve the proposed Arrangement (as defined herein) with Osisko. At […]

Beaufield Announces Senior Management Change

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) announces the resignation of Ronald W. Stewart, effective immediately, as President and Chief Executive Officer (“CEO”) of Beaufield in order to pursue other opportunities. Mr. Stewart will continue in his role as Director of the Corporation. The Corporation’s Chairman, George N. Mannard commented: “I would like to thank […]

Beaufield Announces Corporate Update, Grants Stock Options to New Directors

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) is pleased to announce that the Corporation’s Board of Directors has appointed Mr. George N. Mannard as the new Chairman of the Board and Mr. Donald R. Siemens as the Chairman of the Audit Committee. Messrs. Mannard and Siemens have been independent members of the Board since their election […]

Beaufield Announces Director and Management Appointments

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) (TSX VENTURE:BFD) is pleased to announce the appointment of Mr. Hervé Thiboutot as a Director of the Corporation. In addition, Mr. Ronald Stewart, who was appointed as interim President and Chief Executive Officer (“CEO”) of Beaufield on March 2, 2017, is appointed President and CEO of the Corporation. […]

Beaufield Resources reports Annual General Meeting Results and Grant of Options

Beaufield Resources Inc. (“Beaufield”) (TSX VENTURE:BFD) is pleased to announce the results of voting at its Annual General Meeting of Shareholders held on Tuesday April 11th, 2017 in Montreal, Canada. Shareholders voted in favour of the two items put forward by management. All four of the individuals nominated for the board of directors were elected […]

Beaufield Announces Posting of Supplement to Circular for the Annual Meeting of Shareholders

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) (TSX VENTURE:BFD) announces that it has mailed to its shareholders and posted on SEDAR a supplement to the management information circular dated March 10, 2017 (the “Supplement”) convening the postponed annual meeting of shareholders (the “Meeting”), together with an amended form of proxy for voting at the postponed […]

Beaufield Announces Director Appointment

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) announces the appointment of Mr. Claudio Ciavarella following changes to its Board of Directors (Reference press release March 9, 2017).   Mr. Ciavarella earned his Bachelor of Business Administration from Wilfrid Laurier University’s School of Business and Economics, where he graduated Honours – With Distinction. He is a […]

Beaufield Announces Resignation of Director

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) announces today the resignation of Mr. Bernard Deluce as director of the Corporation. Beaufield’s Board and management would like to thank Mr. Deluce for his contributions to the Corporation. About Beaufield Beaufield is a mineral exploration corporation with its exploration activity focused in Québec and Ontario. Please refer […]

Beaufield Corporate Update

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) announces today the following changes to its Board of Directors and management. The Board of Directors increased the number of Directors to four and appointed Ronald W. Stewart as a new Director. Jens Hansen has resigned, effective immediately, as President, Chief Executive Officer and Director and the Board […]

BEAUFIELD RESPONDS TO MISLEADING PRESS RELEASE ISSUED BY DELUCE/SHANGHAI HUAXIN GROUP

Beaufield Resources Inc. (“Beaufield”) wishes to respond to the misleading press release issued by Jim Deluce and Shanghai Huaxin Group (Hong Kong) Limited (collectively, the “Deluce/Shanghai Huaxin Group”). On February 23, 2017, Deluce/Shanghai Huaxin Group issued a press release in which they announced their intention to nominate directors for election at the annual meeting of […]

Beaufield Closes $6 Million Bought Deal Private Placement Offering

Beaufield Resources Inc. (“Beaufield” or the “Corporation“) is pleased to announce that it has closed the bought deal private placement offering previously announced on February 8, 2017 and February 9, 2017. The Corporation issued a total of 40,000,000 common shares (the “Shares“) at a price of $0.10 per Share and 13,334,000 flow-though common shares (the […]

Beaufield Resources Announces Increase in Bought Deal to $6 Million

Beaufield Resources Inc. (“Beaufield”, the “Corporation”)  is pleased to announce that it has entered into an amended letter of engagement with Dundee Capital Partners (the “Underwriter”) under which the Underwriter has now agreed to purchase 40,000,000 common shares of the Corporation (the “Common Shares”) at a price of $0.10 per Common Share for gross proceeds […]

Beaufield Resources Announces $4 Million Bought Deal

Beaufield Resources Inc. (“Beaufield”, the “Corporation”) is pleased to announce that it has entered into an agreement with Dundee Capital Partners as underwriter (“Dundee”), under which Dundee has agreed to purchase, on a “bought deal” private placement basis, 20,000,000 common shares of the Corporation (the “Common Shares”) at a price of $0.10 per Common Share […]

Beaufield Announces Two New Directors and Annual Meeting of Shareholders

Beaufield Resources Inc. (“Beaufield” or the “Corporation”)  announces that the annual meeting of shareholders (the “Meeting”) will be held at the offices of Lavery, 1 Place Ville Marie, 40th Floor, Montreal, Quebec on Monday, February 27, 2017, at 11:00 a.m. For the Meeting, Beaufield shareholders are being asked to vote on the following matters: To […]

Beaufield Enters into an Investor Relations Agreement

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) (TSX Venture Exchange: BFD) is pleased to announce that it has entered into an investor relations agreement (the “Agreement”) with First Canadian Capital Corp. (“FCCC”). FCCC will assist Beaufield in working and communicating efficiently with members of the Canadian and European financial community, including potential investors, journalists and […]

Beaufield completes $537,500 Institutional Lead Flow-Through Financing

Beaufield Resources Inc. (“Beaufield” or the “Corporation”)  is pleased to announce that it has closed a non-brokered private placement with three placees pursuant to which the Corporation issued a total of 4,300,000 flow-through common shares of the Corporation (the “Flow-Through Shares”) at a price of $0.125 per Flow-Through Share, for aggregate gross proceeds to the […]

Beaufield Enters into an Investor Relations Agreement

Montreal, May 25, 2016 – Beaufield Resources Inc. (“Beaufield” or the “Corporation”) (TSX Venture Exchange: BFD) (Frankfurt: OU8) is pleased to announce that it has entered into an investor relations agreement (the “Agreement”) with Soar Financial Partners (“Soar Financial”).   Soar Financial will assist Beaufield in working and communicating efficiently with members of the European […]

Beaufield to drill Urban after spring break-up

Beaufield Resources Inc. (“Beaufield”)  reports that it has completed winter drilling on behalf of Urbana Corporation (“Urbana”) (TSX and CSE: URB, URB.A) for its Urban township property, Quebec. The drill program will resume in May on Beaufield’s property and follow-up on recently discovered Lucky 7 zone where 7.86 g/t gold over 6 metres was intersected […]

Beaufield Announces Completion of Second Closing of Private Placement

Beaufield Resources Inc. (“Beaufield”) (TSX VENTURE:BFD) is pleased to announce that it has completed a second closing of its current private placement by issuing a total of 4,400,000 units of Beaufield at $0.05 per unit, for total gross proceeds of $220,000, including $200,000 subscribed by SIDEX s.e.c., a Quebec institutional fund. Beaufield previously completed a […]

Beaufield Resources Reports Annual General Meeting Results

Beaufield Resources Inc. (“Beaufield”) (TSX VENTURE:BFD) is pleased to announce the results of voting at its Annual General Meeting of Shareholders (“AGM”) held on Thursday February 18, 2016 in Montreal, Canada. The shareholders approved the appointment of the three directors with Bernard Deluce, James Gervais and Jens Hansen with a 99% approval. Shareholders also voted […]

Beaufield Announces Date of Annual Meeting of Shareholders

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) (TSX VENTURE:BFD) announces that the annual meeting of shareholders (the “Meeting”) will be held at the offices of Lavery, de Billy, 1 Place Ville Marie, 40th Floor, Montreal, Quebec on Thursday, February 18, 2016, at 11:00 a.m. For the Meeting, Beaufield shareholders are being asked to vote on the […]

Beaufield Announces Director Resignation and Vice President Appointment

Beaufield Resources Inc. (“Beaufield”) – William Deluce has announced his resignation, as a director of Beaufield effective January 7, 2016 so he may focus on other opportunities. Beaufield is very pleased to have had the opportunity to benefit from Mr. Deluce’s participation on Beaufield’s board. Beaufield is pleased to announce the appointment of Mathieu Stephens, […]

Beaufield Appoints William Deluce to the Board

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) is pleased to announce the appointment of Mr. William Deluce as a director of the Corporation, subject to regulatory approval. Mr. Deluce holds a bachelor of applied science in chemical engineering from the University of Toronto. He currently is president of Wicklow Consulting Inc., a diversified investment company […]

Beaufield Completes a Private Placement of $200,000

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) is pleased to announce the closing of a non-brokered private placement pursuant to which the Corporation issued a total of 4,000,000 units (“Units”) at a price of $0.05 per Unit for aggregate gross proceeds to the Corporation of $200,000 (the “Offering”). Each Unit consists of one common share […]

Beaufield Discovers New Showing Assaying 1.95% Cu, 28.2 g/t Ag, and 0.51 g/t Au on Éleonore-Opinaca

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) (TSX-V: “BFD”) is pleased to announce the results from its 2014 field season on its 100% owned Éleonore-Opinaca property. The property is located in the James Bay Area, Quebec.   The property occupies a very strategic position between Goldcorp’s Éléonore soon-to-be-opened world class Gold mine which will be […]

Beaufield Resources Inc.: Geologica to Complete a NI 43-101 Report for the Launay Property, Québec

Beaufield Resources Inc. (“Beaufield” or the “Corporation”)  is pleased to announce the commissioning of an independent Technical Report and initial resource estimate for Zone 75 on the Launay Gold project located northwest of Val-D’Or, Quebec. The report will be prepared in compliance with National Instrument (“NI”) 43-101 guidelines by Geologica Groupe Conseil Inc. (“Geologica”), a […]

Beaufield Intersects 2.64 g/t Gold over 11.60 metres on Surface Channels at the Launay Gold Project in Québec

Beaufield Resources Inc. (“Beaufield”) is providing results for a channel sampling program undertaken in June 2014 and the remaining three holes drilled in January 2014 on Zone 75.  The drilling revealed continuous mineralization hosted in a granite with a strong albite alteration; previously reported intersections include 4.04 g/t gold over 15.52 metres (hole LAY-21-2013) and […]

Beaufield Appoints Investment Banking Veteran to the Board

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) (TSX VENTURE:BFD) is pleased to announce the appointment of retired Quebec based investment banker Pierre Colas to the Corporation’s Board, subject to regulatory approval. Mr. Colas was most recently Vice-President & Managing Director Investment banking at Industrielle Alliance Securities Inc. (“IAS”). Prior to his appointment at IAS, he […]

Beaufield Announces Appointment of a New Director

Beaufield Resources Inc. (“Beaufield” or the “Corporation”) (TSX Venture Exchange: “BFD”) is pleased to announce today the appointment of Mr. James (Jim) Gervais as an independent director of the Corporation subject to regulatory approval. Mr. Gervais graduated from the Royal Military College of Canada in 1962 with a BSc, and attended the Royal Military College […]

Beaufield Announces 2013 Financial Statements

Beaufield Resources Inc. (“Beaufield” or the “Company”) (TSX VENTURE:BFD) is pleased to announces that it has filed its annual financial statements and management’s discussion and analysis (“MD&A”) for the year ended August 31, 2013. The financial statements and related MD&A are available on the SEDAR website at www.sedar.com and on the Company’s website at www.beaufield.com […]

Beaufield Plans $2,000,000 Exploration in 2013

Beaufield Resources Inc. (“Beaufield” or the “Company“) (TSX VENTURE:BFD) is pleased to announce its exploration program for the remainder of 2013 with a budget of a minimum of $2,000,000. In addition to the exploration budget Beaufield has a working capital that totals approximately $4,500,000. The summer program will be active and productive representing optimum capital […]

Beaufield Provides Additional Details Regarding Proposed Acquisition of Balmat Holding Corporation

Montreal, February 27, 2013 – Beaufield Resources Inc. (“Beaufield” or the “Company”) (TSX Venture Exchange: “BFD”) is pleased to provide additional details regarding its proposed acquisition (the “Acquisition”) of the Balmat Zinc Mine (“Balmat”) in New York State via the acquisition of all the issued and outstanding shares of the capital of Balmat Holding Corporation […]

Beaufield Announces the Signing of an Exclusivity Agreement and Letter of Intent for the Purchase of the Balmat Zinc Mine in New York State

Montreal, February 19, 2013 – Beaufield Resources Inc. (“Beaufield” or the “Company”) (TSX Venture Exchange: “BFD”) is pleased to announce that it has signed an exclusivity agreement (the “Exclusivity Agreement”) and a non-binding letter of intent (the “LOI”) with HudBay Minerals Inc. (“Hudbay”) to acquire the Balmat Zinc Mine (“Balmat”) in New York State via […]

Beaufield Closes $2 Million Private Placement with Hongkong Huaxin Petroleum Limited

Ottawa, October 4, 2012 – Beaufield Resources Inc. (“Beaufield” or the “Company”) (TSX Venture Exchange: “BFD”) is pleased to announce that it has completed a non-brokered private placement (the “Offering”) with Hongkong Huaxin Petroleum Limited (“HKHP”) of 10,000,000 common shares (the “Shares”) at a price of $0.20 per Share for gross proceeds of $2,000,000. No […]

Beaufield Resources: Resignation of Director and Corporate Update

Beaufield Resources Inc has received notification from Mr. Peter G. White that for personal reasons he is resigning from Beaufield’s Board of Directors effective October 11, 2011. Jens E. Hansen, P.Eng., President and CEO of Beaufield stated “We wish to thank Peter White for his significant contribution to Beaufield during his all too short period […]

Beaufield Announces Closing of $360,000 Financing

Beaufield Resources Inc. is pleased to announce that it has closed today the previously announced non-brokered private placement financing (News release of September 2, 2011), consisting of 1,000,000 flow-through common shares (the “Flow-Through Common Shares”) at a price of $0.36 per Flow-Through Common Share, for gross proceeds of $360,000. The Flow-Through Common Shares are subject […]

Beaufield Announces Closing of $1.7 Million Financing

Beaufield Resources Inc. is pleased to announce that it has closed today the previously announced bought deal private placement financing with Desjardins Securities Inc. (the “Agent”), consisting of 4,777,000 flow-through common shares (the “Flow-Through Common Shares”) at a price of $0.36 per Flow-Through Common Share, for gross proceeds of $1,719,720. The Flow-Through Common Shares are […]

Beaufield Resources Announces $2.0 Million Offering of Flow-Through Common Shares

Beaufield Resources Inc. announced today that it has entered into an agreement with Desjardins Securities Inc. for the purchase, on a bought deal basis, of 4,777,000 flow-through common shares (the “Flow-Through Common Shares” or the “Offering”) at a price of $0.36 per Flow-Through Common Share, for gross proceeds of $1,719,720. The offering is subject to […]

Beaufield Continues Drilling, Expands Land Position in Key Areas and Updates Exploration Activities

OTTAWA, ONTARIO – Beaufield Resources Inc. (TSX VENTURE:BFD) is pleased to provide the following update: Tortigny property, James Bay, Quebec – 100% owned A 10,000 metre drill program was commenced in November 2010 on the Tortigny property located on it’s 100% owned Troilus property, 100 kilometres north of Chibougamau, Québec. Drilling is ongoing and assay […]

Beaufield Announces Closing of $3 Million Financing

Beaufield Resources Inc. is pleased to announce that it has closed today the previously announced bought deal private placement financing with Desjardins Securities Inc. (The “Agent”), consisting of 5,455,000 flow-through common shares (the “Flow-Through Common Shares”) at a price of $0.55 per Flow-Through Common Share, for gross proceeds of $3,000,250. The Flow-Through Common Shares are […]

Beaufield Resources Inc. Anounces $3 Million Offering of Flow-Through Common Shares

Beaufield Resources Inc. announced today that it has entered into an agreement with Desjardins Securities Inc. for the purchase, on a bought deal basis, of 5,455,000 flow-through common shares (the “Flow-Through Common Shares”) at a price of $0.55 per Flow-Through Common Share, for gross proceeds of $3,000,250. The offering is subject to certain conditions, including the […]

Schefferville Airborne Gravity Gradiometer Survey Completed, Targets Identified

Beaufield Resources Inc is pleased to report that the Falcon Airborne Gravity Gradiometer (AGG) survey has been completed at Schefferville Quebec and preliminary data has been received. The AGG data along with previously flown magnetic, electromagnetic and radiometric data are being interpreted by Condor Consulting of Denver Colorado, recognized experts with this data. The AGG […]

Beaufield Enters Into an Investor Relations Agreement With Hamza Thindal Capital Corporation

Beaufield Resources Inc.  is pleased to announce that it has entered into an investor relations agreement (the “Agreement”) with Hamza Thindal Capital Corporation Inc. (“Hamza Thindal Capital”). The principals of Hamza Thindal Capital have successfully demonstrated the ability to work with senior management within junior companies in articulating a company’s inherent value to strategic partners […]

Opinaca Gold property I.P. survey will start June 15th

Ottawa, Ontatio – Beaufield Resources Inc. is pleased to announces the start of an induced polarization (I.P.) geophysical survey on the 100% owned Opinaca Goldproperty, located 6 kilometres south of Goldcorp’s Roberto high-grade underground project,in the James Bay region of Québec. Roberto contains measured and indicated resources of 3.2Moz @ 11.9g/t plus inferred resources of […]

Beaufield Options its Urban Barry Project to Amseco Exploration

OTTAWA, ONTARIO – Beaufield Resources Inc. (TSX VENTURE:BFD) is pleased to announce the signing of an option to purchase agreement with Amseco Exploration Ltd. (TSX VENTURE:AEL) (“Amseco“) on its Urban-Barry Gold camp. The agreement covers four hundred and thirty-seven (437) mineral claims in three (3) separate claim blocks covering an area of approximately 6,992 hectares […]

Beaufield Drills and Stakes More Claims for Base Metals and Lithium

OTTAWA, ONTARIO – Beaufield Resources Inc. (TSX VENTURE:BFD) is pleased to announce that it has commenced drilling on its 100% owned Tortigny property located 100 kilometres northwest of the town of Chibougamou, Quebec. The objective of the drill campaign is to enlarge the size of the Tortigny deposit by drilling 3 holes, each approximately 300 metres […]

Beaufield Surveys for SEDEX in Labrador Trough, Stakes More Claims

OTTAWA, ONTARIO–(Marketwire – Nov. 24, 2009) – Beaufield Resources Inc. (TSX VENTURE:BFD) has recently completed a 960 line kilometre airborne survey of its Lab- Schefferville project located within the Labrador Trough approximately 40 kilometres northwest of Schefferville Quebec. The 100% owned property consists of 139 claims or approximately 6776 hectares. The survey was carried out […]

Beaufield Resources Inc.: Amendment to Stock Option Plan and Grant of Stock Options

OTTAWA, ONTARIO – Beaufield Resources Inc. (TSX VENTURE:BFD) Board of Directors has authorized an amendment to its 2006 Stock Option Plan (The “2006 Plan”) to increase to 7,700,000 the maximum number of options issuable under the 2006 Plan (which represents 9.2% of the issued and outstanding common shares of the Company), subject to the approval […]

Beaufield’s Net Cash Assets are $7,702,395

OTTAWA, ONTARIO–(April 6, 2009) – Beaufield Resources Inc. (TSX VENTURE:BFD) is pleased to report that during the quarter ending February 28, 2009 total income from interest, project management fees and gain on disposal of listed shares was $127,252. In addition, the investment in listed shares held at quarter end generated an unrealized fair value appreciation […]

Beaufield Enters Into Formal Agreements With Management

OTTAWA, ONTARIO–(Jan. 12, 2009) – Beaufield Resources Inc. (TSX VENTURE:BFD) is pleased to announce that effective January 1, 2009 the Company entered into a formal consulting agreement (the “Geotest Agreement”) with Geotest Corporation (“Geotest”) pursuant to which Geotest has agreed to provide certain management, administrative and consulting services and office premises to the Company. Geotest […]

Beaufield 2008 Results and Outlook for 2009

OTTAWA, ONTARIO–(Dec. 2, 2008) – Beaufield Resources Inc. (TSX VENTURE:BFD) filed yesterday its financial statements and management’s discussion & analysis for the year ended August 31, 2008 (“Fiscal 2008”). Highlights for Fiscal 2008: Exploration expenditures of $1,330,831. The Company’s primary exploration effort in Fiscal 2008 was drilling the Troilus – Tortigny base metal deposit where […]

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