News
Seafield to Host Open Conference Call
TORONTO, ONTARIO--(Marketwire - Feb. 15, 2011) - Seafield Resources Ltd. (TSX VENTURE:SFF) ("Seafield"or the "Company") invites investors to participate in an openconference call to discuss recent results and future plans for theCompany's Colombian gold projects.
The Company also takes issue with several statements in anarticle published in Stockwatch on February 14, 2011. The articlesuggests Mr. Ian Park, who has an SEC judgement against him and iscurrently banned from being an officer or a director of a publiccompany, has somehow circumvented this ban in the case of Seafield inhis capacity as Country Manager.
Anthony Roodenburg, Seafield's Chief Executive Officer, madethe following statement relating to the article: "The negative articlepublished yesterday by Stockwatch, immediately after Seafield issuedmore encouraging results from our Quinchia project in Colombia, isunfortunate.
Mr. Park is not an officer or director of Seafield andtherefore, in my view, not in violation of the SEC ban, which we werewell aware of. He does provide a valuable service to the Company asCountry Manager in Colombia. With over 30 years of experience in LatinAmerica, primarily in Colombia, Ian is a real asset to Seafield.
I have been a Stockwatch subscriber for 20 years and wassurprised that they would publish such an article filled with errors andinnuendo. They should consider holding themselves to the same highstandards of disclosure and accuracy as the public companies they writeabout.
We are making great progress in Colombia and I encourageinvestors to stay tuned as we ramp up exploration in 2011, now that weare fully financed."
This news release includes certain "forward lookingstatements" within the meaning of that phrase under Canadian securitieslaws. Without limitation, statements regarding potential mineralizationand resources, exploration results, and future plans and objectives ofthe Company are forward looking statements that involve various degreesof risk. Forward-looking statements reflect management's current viewswith respect to possible future events and conditions and, by theirnature, are based on management's beliefs and assumptions and subject toknown and unknown risks and uncertainties, both general and specific tothe Company. Although the Company believes the expectations expressedin such forward-looking statements are reasonable, such statements arenot guarantees of future performance and actual results or developmentsmay differ materially from those in our forward-looking statements. Thefollowing are important factors that could cause the Company's actualresults to differ materially from those expressed or implied by suchforward looking statements: changes in the world wide price ofcommodities, general market conditions, risks inherent in exploration,risks associated with development, construction and mining operations,the uncertainty of future profitability and the uncertainty of access toadditional capital. Additional information regarding the materialfactors and assumptions that were applied in making these forwardlooking statements as well as the various risks and uncertainties weface are described in greater detail in the "Risk Factors" section ofour annual and interim Management's Discussion and Analysis of ourfinancial results and other continuous disclosure documents andfinancial statements we file with the Canadian securities regulatoryauthorities which are available at www.sedar.com. TheCompany undertakes no obligation to update this forward-lookinginformation except as required by applicable law. The Company relies onlitigation protection for forward looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider(as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.
