OTTAWA, Canada, March 8, 2012 – Bonnefield Financial Inc. today announced audited results for the fiscal 2011 period for Bonnefield Canadian Farmland LP I (“LP I”).

Based on independent, third-party appraisals of its Canadian farmland portfolio, investors in LP I experienced a 10.4% net return during fiscal 2011 and a total compounded return of 14.0% since the fund’s inception in April 2010.  LP I currently holds a portfolio of over 15,000 title acres of farmland located in Alberta, Saskatchewan, Manitoba and Ontario and generates a return for investors through a combination of lease income and capital gains.  The farmland portfolio is debt free and has a current appraised value of approximately $20 million.

“We are pleased with the results of our entire portfolio during 2011, particularly the properties in Ontario and Manitoba which generated the most impressive returns during the period.” said Tom Eisenhauer, Bonnefield’s President.  “Given the higher than normal expenses incurred in 2011 associated with growth, property acquisitions and fundraising for LP I, the 10.4% net return exceeded our expectations for the early period of the fund’s life.”

Bonnefield Canadian Farmland LP I is now closed to new investment and completed its farmland acquisition program in early 2012.  Bonnefield expects to open a new farmland vehicle for investors in the coming months.

To download the Bonnefield Canadian Farmland LP I fact sheet, click here.