Winfield Resources Limited
TSX VENTURE : WWF

Winfield Resources Limited

September 12, 2007 11:45 ET

Winfield Resources Limited: Report to Shareholders

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2007) - Winfield Resources Limited (TSX VENTURE:WWF)

The Company advises that trading in the Company's shares remains halted by the TSX Venture Exchange pending clarification by the Company of its affairs, and present business operations.

In the past several months the Company has announced a number of proposed initiatives and potential business opportunities that it is investigating, including oil and gas refinery construction and operation in Libya and Tunisia, and possible ethanol manufacturing facilities in Northern Alberta and Rwanda. While none of these projects have been finalized, the Exchange has requested that the Company provide evidence of the status of each matter, and details of and evidence to support the Company's statements made in its news releases.

The Company is preparing a response to the Exchange, and has requested and received two extensions (expiring September 14, 2007) to its original August 24, 2007 deadline. The Company's shares will remain halted from trading until the Exchanges review is completed.

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.

Contact Information