NFD.A Northfield Capital Corporation

Northfield Capital Corporation ("Northfield") (TSX VENTURE:NFD.A) announces that
it has acquired ownership of an aggregate of 600,000 units (the "Units") of
White Pine Resources Inc. ("WPR" or the "Company") on December 9, 2010, each
such Unit consisting of one common share of WPR (each, an "Acquired Share") and
one-half of one common share purchase warrant (each whole such share purchase
warrant, a "Warrant"), with each Warrant entitling the holder thereof to acquire
one additional common share of the Company, representing approximately 2.2% of
the issued and outstanding common shares of the Company as at December 9, 2010
(or approximately 3.3% on a partially diluted basis assuming exercise of the
Warrants only).


Upon completion of the transaction described above, Northfield owns and controls
an aggregate of 2,304,222 common shares of the Company and 1,100,000 convertible
securities of the Company, inclusive of the Warrants (the "Convertible
Securities"), representing approximately 8.4% of the issued and outstanding
common shares of the Company immediately following the transaction described
above (or approximately 12.0% calculated on a partially diluted basis, assuming
the exercise of the 1,100,000 Convertible Securities only). Upon completion of
the transaction described above, Northfield, together with its joint actors, own
and control an aggregate of 2,831,672 common shares of the Company (of which
2,304,222 common shares are owned by Northfield directly and 527,450 common
shares are owned by its joint actors) and 1,450,000 Convertible Securities (of
which 1,100,000 Convertible Securities are owned by Northfield directly and
350,000 Convertible Securities are owned by its joint actors), representing
approximately 10.4% of the issued and outstanding common shares of the Company
immediately following the transaction described above (or approximately 14.9%
calculated on a partially diluted basis, assuming the exercise of the 1,450,000
Convertible Securities only).


The Units were acquired in a private placement transaction which did not take
place through the facilities of any market for WPR's securities. This
transaction was effected for investment purposes and Northfield and its joint
actors could increase or decrease their investments in WPR at any time, or
continue to maintain their current investment position, depending on market
conditions or any other relevant factor. The Units were acquired for a purchase
price of Cdn$0.25 per Unit for aggregate consideration of $150,000, all pursuant
to the exemption contained in Section 2.3 of National Instrument 45-106 on the
basis that Northfield is an accredited investor as defined in such instrument.


Additional Information

A copy of the applicable securities report filed in connection with the matters
set forth above may be obtained through Northfield's offices by contacting:




Brent Peters                                                                
Northfield Capital Corporation                                              
141 Adelaide Street West                                                    
Suite 301                                                                   
Toronto, ON                                                                 
M5H 3L5                                                                     
                                                                            
Tel: (416) 628-5901                                                         
Fax: (416) 628-5911

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