IAS Imasight (Tier2)

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 was First Vice-President Investment Banking at Desjardins
Securities Inc. He has successfully transacted over $5B in equity financing and
participated in the initial public offering of more than 100 new companies.


Mr. Colas is a member of the Advisory Committee on the small and midcap
companies for the Autorite des marches financiers ("AMF") in Quebec since 2011
and was a member of the TSX Venture Exchange Advisory Committees until recently.
Mr. Colas holds a Bachelor degree in Commerce from the University of Concordia,
Montreal.


Mr. Hansen stated: Mr. Colas brings over thirty years of experience related to
the capital markets and will assist the Board in the areas of corporate finance,
mergers and acquisitions, and equity research. 


The Board of Directors of Beaufield has approved the granting of options for
400,000 common shares of the Corporation to each of Pierre Colas and James (Jim)
Gervais, under the stock option plan of the Corporation. The options exercisable
at $0.10 per option are subject to a 4 month hold period and have a term of 5
years. After the grant, the total number of outstanding options under the
Corporation's plan is 7,200,000 or approximately 6.5% of the outstanding shares.


Mr. Gervais was appointed to the Corporation's board of directors in January
2014 and elected as a director at the annual meeting of shareholders held in
February 2014.


Mr. Gervais graduated from the Royal Military College of Canada in 1962 with a
BSc, and attended the Royal Military College of Science (UK). He retired from
the Canadian Forces as a Lieutenant General before joining the Public Service of
Canada as a senior executive. General Gervais' military career of 35 years
consisted of a variety of command and staff appointments in Canada (and abroad),
leading to command of the Canadian Army in 1991. He later served for 12 years as
Assistant Deputy Minister to three Governors General of Canada.


Mr. Gervais is a Director on the board of Sama Resources Inc., a TSXV base metal
exploration company in West Africa, and Chairman of the Canadian Corps of
Commissionaires (Ottawa Division), a not-for-profit security firm. He also
co-chairs a committee of the Institute for Canadian Citizenship involved with
the integration of new Canadians into society.


About Beaufield:

Beaufield is a mineral exploration company with its exploration activity focused
in Quebec. Beaufield is well positioned to advance its portfolio of exploration
properties and identify other potential opportunities in the mineral exploration
or development stage. The Corporation is actively exploring, well financed, has
no debt and has excess work credits on its properties.


The information set forth in this press release includes certain forward-looking
statements. Such statements are based on assumptions exposed to major risks and
uncertainties. Although Beaufield deems the expectations reflected in these
forward-looking statements to be reasonable, the Corporation cannot provide any
guarantee as to the materialization of the expectations reflected in these
forward-looking statements. The Corporation expressly disclaims any intention or
obligation to update or revise any forward-looking statements whether as a
result of new information, future events or otherwise, except as required by
applicable law.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) has reviewed or
accepts responsibility for the adequacy or accuracy of this Release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
MI3 Financial Communications
Mario Drolet, President
514.904.1333 / Cell.: 514.346.3813
514.904.2331 (FAX)
mario@mi3.ca


Jens E. Hansen, President and CEO
514.842.3443
514.842.3306 (FAX)
info@beaufield.com
www.beaufield.com

Imasight (Tier2) (TSXV:IAS)
Historical Stock Chart
Von Jun 2024 bis Jul 2024

Imasight (Tier2) (TSXV:IAS)
Historical Stock Chart
Von Jul 2023 bis Jul 2024