SEAFIELD RESOURCES LTD. ("SFF")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 14, 2010
TSX Venture Tier 2 Company


TSX Venture Exchange has accepted for filing documentation pertaining to a
Option Buy-Out Agreement (the "Agreement") dated November 10, 2010, between
Seafield Resources Ltd. (the "Company") and an arm's-length party (the
"Vendor"), whereby the Company will acquire the remaining 70% interest
certain mining claims (the "Picachos Property") located in Durango State,
Mexico. The Company currently holds a 30% in this Property, and thereby is
increasing its interest to 100%.


As consideration for the remaining 70% interest, the Company will issue
1,500,000 common shares to the Vendor.


For further details, please refer to the Company's press release dated
December 8, 2010.