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Beaufield Resources Inc.

03:52 PM EST - Beaufield Resources Inc. : announced that for February quarter, total income from interest, project management fees and gain on disposal of listed shares was $127,252. Further, the investment in listed shares held at quarter end generated an unrealized fair value appreciation of $138,740. Administrative expenses were $119,290. It was decided to write off several currently inactive exploration properties for a total amount of $401,533. Net loss for this quarter was $254,831. Beaufield Resources Inc. shares V.BFD are trading down $0.025 at $0.09.