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or Name
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Bayfield Ventures Corp
Symbol BYV
Shares Issued 74,562,961
Close 2014-04-21 C$ 0.255
Market Cap C$ 19,013,555
Recent Sedar Documents

ORIGINAL: Bayfield Ventures arranges $1-million in financings

2014-04-22 12:39 ET - News Release

Received by email:

File: 04-22-14.doc

Bayfield Ventures Corp.
Suite 1610 - 777 Dunsmuir Street, Vancouver, BC, V7Y 1K4, CANADA www.bayfieldventures.com

TSX Venture Trading Symbol: BYV
Email: info@bayfieldventures.com
                            Telephone: (604) 687-3376
                            Facsimile:  (604) 687-3119
 
 
NEWS RELEASE

April 22, 2014

Bayfield Ventures Announces Non-Brokered Private Placements

Vancouver, BC - Bayfield Ventures Corp. (TSX-V: BYV) (OTC Pink: BYVVF) (Frankfurt: B4N) announces it has arranged a no
--->n-brokered private placement of up to 2,000,000 units (the "Unit") at a price of $0.25 per unit to raise proceeds of u
--->p to $500,000. Each Unit consists of one common share and one non-transferable share purchase warrant (the "Warrant").
---> Each Warrant will entitle the holder to purchase one common share for a period of two years at a price of $0.255 per 
--->share.

Bayfield has also arranged a non-brokered private placement of up to 1,666,666 flow-through units (the "FT Units") at 
--->a price of $0.30 per FT Unit to raise proceeds of up to $500,000.  Each FT Unit consists of one flow-through common sh
--->are and one non-transferable non flow-through warrant (the "NFT Warrant"). Each NFT Warrant will entitle the holder to
---> purchase one non flow-through common share for a period of two years at a price of $0.35 per share.

Bayfield Ventures intends to utilize the proceeds from these private placements for a planned exploration and drill pr
--->ogram on its 100% owned Rainy River Burns Block and "B" Block gold-silver projects located in north-western Ontario an
--->d for general working capital purposes. The Company's planned exploration and drill program will follow recommendation
--->s from the recently completed Independent Mineral Resource Estimate entitled "BURNS BLOCK NATIONAL INSTRUMENT 43-101 C
--->OMPLIANT TECHNICAL REPORT," dated January 14, 2014 prepared by Riverbend Geological Services Inc. and a Technical Repo
--->rt entitled ""B" BLOCK NATIONAL INSTRUMENT 43-101 COMPLIANT TECHNICAL REPORT," dated Feb. 14, 2014.

Rainy River District Gold Zones:
http://www.bayfieldventures.com/i/maps/BYV-Burns-Gold-Zones-NOV-2012.jpg

A finder's fee of up to 7% cash and 7% non-transferable NFT warrants (the "Finder's Warrants") may be paid in connecti
--->on with these private placement offerings. Each Finder's Warrant will entitle the Finder to purchase a common share at
---> a price of $0.255 per share for the NFT Units and $0.35 per share for the FT Units for a period of two years from the
---> closing date of the private placements.

All the securities issuable will be subject to a four-month hold period from the date of closing. The above transactio
--->ns are subject to the acceptance of the TSX Venture Exchange.

About Bayfield Ventures Corp.:
 
Bayfield Ventures Corp. is exploring for gold and silver in the Rainy River District of north-western Ontario. Bayfiel
--->d Ventures goal is to increase shareholder value by developing exploration projects near world-class deposits that hav
--->e the potential of becoming new discoveries.
 
For further information on Bayfield Ventures Corp. (TSX-V: BYV), visit the Company's web site at www.bayfieldventures.
--->com.
 
ON BEHALF OF THE BOARD OF DIRECTORS
 
"Jim Pettit"
______________________________
JAMES G. PETTIT
Chairman and CEO

For further information contact myself or:
Don Myers
Director
Bayfield Ventures Corp.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@bayfieldventures.com 

Other Contact: 
Envoy Strategic Partners Investor Relations
Jay Bedard
Telephone: 416-977-7778
Email: jay@envoystrategicpartners.com 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCUR
--->ACY OF THE CONTENT OF THIS NEWS RELEASE.

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this
---> release, other than statements of historical facts, that address events or developments that management of the Compan
--->y expects, are forward-looking statements. Although management believes the expectations expressed in such forward-loo
--->king statements are based on reasonable assumptions, such statements are not guarantees of future performance, and act
--->ual results or developments may differ materially from those in the forward-looking statements. The Company undertakes
---> no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other fac
--->tors, should change. Factors that could cause actual results to differ materially from those in forward-looking statem
--->ents, include market prices, exploration and development successes, continued availability of capital and financing, a
--->nd general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for 
--->further information.






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