Beaufield Announces 2013 Financial Statements
December 23, 2013 (Source: Marketwired) — Beaufield Resources Inc. (“Beaufield” or the “Company”) (TSX VENTURE:BFD) is pleased to announces that it has filed its annual financial statements and management’s discussion and analysis (“MD&A”) for the year ended August 31, 2013. The financial statements and related MD&A are available on the SEDAR website at www.sedar.com and on the Company’s website at www.beaufield.com.
The Company has no long-term debt and a working capital of $4.9 million as at August 31, 2013. Beaufield has budgeted $1.4 million for exploration in Fiscal 2014 with an emphasis on its 100% owned high grade Tortigny copper, zinc, silver property. The Company’s gold projects are also being advanced.
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Beaufield is a mineral exploration company with its exploration activity focused in Quebec. Beaufield is well positioned to advance its portfolio of exploration properties and identify other potential opportunities in the mineral exploration or development stage.
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 Company cannot provide any guarantee as to the materialization of the expectations reflected in these forward-looking statements. The Company 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.
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.
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