Snowfield Development Corp. SWFCF

Snowfield 564,935-share private placement

[bobrobert]

Snowfield 564,935-share private placement Snowfield Development Corp SNO Shares issued 13,080,956 Mar 3 2003 close $ 0.27 Monday March 3 2003 Private Placement The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 8, 2002: No. of shares: 564,935 shares Price: 15 cents per share Warrants: 564,935 share purchase warrants to purchase 564,935 shares Warrant price: 15 cents for a one-year period, 20 cents in the second year No. of placees: five Insider: Robert Paterson 100,000 units Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The company must also issue a news release if the private placement does not close promptly.