Winfield Resources Limited
TSX VENTURE : WWF

Winfield Resources Limited

December 20, 2006 19:24 ET

Winfield Closes $460,000 Financing

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 20, 2006) - Winfield Resources Limited ("Winfield") (TSX VENTURE:WWF) announced today that it has closed its non-brokered private placement for 4,600,000 units at $0.10 per unit, each unit being comprised of one common share and one warrant to acquire an additional common share at a price of $0.15 per share on or before December 20, 2008.

Finder's fees of $7,600 and 685,500 warrants are to be paid in connection with the financing.

The securities issued pursuant to the private placement have a hold period expiring April 21, 2007.

On behalf of the Board

Robert Michael Foley, President and CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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