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VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 25, 2011) -




NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S.




Bayfield Ventures Corp. (TSX VENTURE:BYV) (FRANKFURT:B4N) (the "Company") announces that further to its news release of March 9, 2011, it has amended the terms of its private placement offering. Octagon Capital Corporation ("Octagon") is acting as sole agent.


The Company will raise a total of $4,000,500 by the issuance of up to 4,445,000 flow-through shares (the "FT Shares") at a price of $0.90 per share plus an over-allotment option.


The proceeds of the Flow-Through Offering will be used to incur Canadian Exploration Expenditures on the continued exploration of the Company's Rainy River gold project in NW Ontario prior to December 31, 2012.


Rainy River gold properties claims map:


Bayfield's Rainy River Burns Block drilling map: >http://www.facebook.com/group.php?gid=56518514278&ref=mf#!/group.php?gid=56518514278&v=wall


ON BEHALF OF THE BOARD OF DIRECTORS


James G. Pettit, Chairman and CEO


This news release may contain certain "Forward-Looking Statements" that may involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. For a more detailed discussion of such risks and other factors, refer to the Company's filings with Canadian Securities regulators available on >www.bayfieldventures.com
ORJay Bedard
Envoy Strategic Partners Investor Relations
416-977-7778
jay@envoystrategicpartners.com