Bayfield Ventures Corporation : Bayfield Arranges $1,000,000 Flow-Through Private Placement

Vancouver, BC - Bayfield Ventures Corp.(TSX-V: BYV) (OTC Pink: BYVVF) (the "Company") announces it has arranged a non-brokered private placement to raise up to $1,000,000 by the issuance of up to 2,857,142 flow-through common shares (the "FT common shares") of the Company at an issuance price of $0.35 per FT common share. 

A finder's fee of up to 7% cash and 7% non-transferable non flow-through warrants (the "Finder's Warrants") may be paid in connection with the private placement offering. Each Finder's Warrant will entitle the Finder to purchase a non-flow-through common share at a price of $0.35 per share for a period of twelve months from the closing date of the private placement.

Bayfield Ventures intends to utilize the proceeds from this private placement for a continuing drill program on its 100% owned Rainy River gold properties located in northwestern Ontario.

The above transaction is subject to the acceptance of the TSX Venture Exchange.

Rainy River District Gold Zones:

http://www.bayfieldventures.com/i/pdf/RR-Gold-Zones.pdf

About Bayfield Ventures Corp.:

Bayfield Ventures Corp. is exploring for gold and silver in the Rainy River District of north-western Ontario. The Company is carrying out a 100,000 metre diamond drill program with drilling concentrated on the flagship Burns Block Project. The Company has 70.3 million shares outstanding.

For further information on Bayfield Ventures Corp. (TSX-V: BYV), visit the Company's web site at www.bayfieldventures.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Jim Pettit"

_______________________________                                                 

James G. Pettit

Chairman and CEO

For further information contact myself or:

Don Myers

Director

Bayfield Ventures Corp.

Telephone: [phone]

Toll Free: 800-567-8181

Facsimile: 604-687-3119

Email:

Other Contact:

Envoy Strategic Partners Investor Relations

Jay Bedard

Telephone: [phone]

Email:

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.