Beaufield Grants Stock Options to New Director

2017-12-12 / @nasdaq

MONTREAL, Dec. 12, 2017 (GLOBE NEWSWIRE) -- Beaufield Resources Inc. ("Beaufield") (TSX VENTURE:BFD) has approved the granting of options for 400,000 common shares of the Corporation to Mr. Hervé Thiboutot in accordance with its stock option plan. Mr. Thiboutot was appointed as a Director of the Corporation in September 2017.The options vest immediately, are exercisable at $0.15 per option and have a term of 5 years.

About Beaufield:
Beaufield is a mineral exploration company with its exploration activity focused in Quebec and Ontario. Please refer to Beaufield's website to view the Corporation's properties in Urban, Launay, Eleonore-Opinaca, Troilus, Hemlo and Launay. The Corporation is actively exploring, is well financed with approximately $5 million in working capital, has no debt and has excess work credits on its properties.

Ronald Stewart, President and CEO : Tel: 647.409.0293
Mathieu Stephens, VP Exploration and Corporate Development: Tel: 613.721.2919
E-mail: info@beaufield.com
Web: www.beaufield.com

The information set forth in this press release includes certain forward-looking statements. Such statements are based on assumptions exposed to major risks and uncertainties. Although Beaufield deems the expectations reflected in these forward-looking statements to be reasonable, the Corporation cannot provide any guarantee as to the materialization of the expectations reflected in these forward-looking statements. The Corporation expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Jason Monaco, Partner at FCCC : Tel: 416.566.8894
E-mail: jmonaco@firstcanadiancapital.com
Web : www.firstcanadiancapital.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.