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Engineering, procurement, construction & management of crude oil refineries.

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Message: Ladies and gentlemen, boys and girls,

Ladies and gentlemen, boys and girls,

posted on May 01, 2008 01:58PM

This is from the sedar.com site, notice, this applies to Management only!!!

Notice of Default
Winfield Resources Ltd.
(the “Company”)
This Notice of Default is made pursuant to CSA Staff Notice 57-301 Failing to File
Financial Statements on Time – Management Cease Trade Orders (“57-301”).
The Company advises as follows:
1. The Company is unable to file its audited financial statements for the year ending
December 31, 2007 by the filing deadline of April 29, 2008.
2. The delay in filing such financial statements is caused primarily by time delays in
the Company receiving financial information pertaining to its operations in
Northern Africa.
3. The Company anticipates filing its financial statements by May 31, 2008.
4. The date which is two months after the filing deadline is June 29, 2007; and it is
understood that: (i) the securities commissions may impose an issuer cease trade
order if the financial statements are not filed by that date, and (ii) that an issuer
cease trade order may be imposed sooner if the Company fails to file its Default
Status Reports on time.
5. It is the Company’s intention to satisfy the provisions of Appendix B to 57-301,
and file bi- weekly Default Status Reports, while it remains in default.
6. The Company is not subject to any insolvency proceedings.
7. There is no other material information concerning the affairs of the Company
which has not been generally disclosed.

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