Seafield Resources Ltd.

Seafield Resources Ltd.

February 15, 2011 09:08 ET

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 open conference call to discuss recent results and future plans for the Company's Colombian gold projects.

Conference time: 2:00PM
Time zone: Eastern
Participant dial-in numbers: 416-340-8530 / 877-240-9772

The Company also takes issue with several statements in an article published in Stockwatch on February 14, 2011. The article suggests Mr. Ian Park, who has an SEC judgement against him and is currently banned from being an officer or a director of a public company, has somehow circumvented this ban in the case of Seafield in his capacity as Country Manager.

Anthony Roodenburg, Seafield's Chief Executive Officer, made the following statement relating to the article: "The negative article published yesterday by Stockwatch, immediately after Seafield issued more encouraging results from our Quinchia project in Colombia, is unfortunate.

Mr. Park is not an officer or director of Seafield and therefore, in my view, not in violation of the SEC ban, which we were well aware of. He does provide a valuable service to the Company as Country Manager in Colombia. With over 30 years of experience in Latin America, primarily in Colombia, Ian is a real asset to Seafield. 

I have been a Stockwatch subscriber for 20 years and was surprised that they would publish such an article filled with errors and innuendo. They should consider holding themselves to the same high standards of disclosure and accuracy as the public companies they write about.

We are making great progress in Colombia and I encourage investors to stay tuned as we ramp up exploration in 2011, now that we are fully financed."

This news release includes certain "forward looking statements" within the meaning of that phrase under Canadian securities laws. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. Forward-looking statements reflect management's current views with respect to possible future events and conditions and, by their nature, are based on management's beliefs and assumptions and subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in our forward-looking statements. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of commodities, 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 to additional capital. Additional information regarding the material factors and assumptions that were applied in making these forward looking statements as well as the various risks and uncertainties we face are described in greater detail in the "Risk Factors" section of our annual and interim Management's Discussion and Analysis of our financial results and other continuous disclosure documents and financial statements we file with the Canadian securities regulatory authorities which are available at The Company undertakes no obligation to update this forward-looking information except as required by applicable law. The Company relies on litigation 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.

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