Winfield Resources Limited

Winfield Resources Limited

December 14, 2006 13:20 ET

Winfield Increases Financing and Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 14, 2006) - WINFIELD RESOURCES LIMITED ("WINFIELD") (TSX VENTURE:WWF) announced today that it has increased its non-brokered private placement to a maximum of 5,500,000 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 for a period of two years after closing of the financing.

Finder's fees may be paid in connection with the financing in accordance with applicable securities laws and TSX Venture Exchange Policies. Completion of the financing is subject to regulatory approval, including acceptance of the financing by the TSX Venture Exchange.

The net proceeds of the financing will be used for general working capital.

WINFIELD has granted 950,000 stock options with an exercise price of $0.10 per share to directors, officers, employees and consultants.

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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