Seafield Resources Ltd. (TSXV:SFF) is reviewing strategic alternatives. Seafield has engaged Jacob Securities Inc. to assist it in conducting a strategic review process. The company stated: “As is consistent with the Company objective to at all times maximize shareholder value, the board is announcing a strategic review process (the "Review") to assess the Company's various alternatives with a view to achieving maximum shareholder value.

To that end, the Company has engaged the services of Jacob Securities Inc. to assist it with the Review. The Company's focus is on securing the continued development of the Quinchia Gold Project, including taking the Miraflores Deposit toward production and performing further exploration at the Tesorito target and other highly prospective areas. Cesar Lopez, President and Chief Executive Officer of Seafield stated: "We are delighted with the progress that has been achieved to date during the Review and I look forward to providing additional news in the near future.

There is real value and opportunity in the Miraflores Deposit as a near term production opportunity; and in the medium term, there is an excellent opportunity with regard to exploration upside at Tesorito target and further potential on our 100% owned land package. We believe that the Quinchia Gold Project is significantly under-valued in the current market environment and we are focused on pursuing initiatives to enhance value."