Camflo International Inc Sample Contracts

AMALGAMATION AGREEMENT
Amalgamation Agreement • November 23rd, 2004 • Camflo International Inc • Metal mining • Alberta

The parties intend to effect a merger of the shareholdings and operations of Spearhead and Camflo through amalgamation as a result of which Spearhead and Camflo will continue as Amalco; and

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Camflo International Inc.
Financing Agreement • February 13th, 2004 • Camflo International Inc • Metal mining
NEWS RELEASE
News Release • November 23rd, 2004 • Camflo International Inc • Metal mining

February 5, 2004 - CAMFLO INTERNATIONAL INC. (“Camflo”) (TSXV: CFF) wishes to announce that at a recent land sale, Camflo and its partners have acquired seven additional sections of mineral rights from the Alberta Crown. These new lands adjoin our previously announced discovery well at 3-28-69-17W5. The newly acquired acreage contains a follow up drilling location to the 3-28 well. Camflo will participate for a 20% working interest in the newly acquired lands and well.

Camflo International Inc.
News Release • February 13th, 2004 • Camflo International Inc • Metal mining

Camflo International Inc. (“Camflo”) wishes to announce that at a recent land sale, Camflo and its partners have acquired seven additional sections of mineral rights from the Alberta Crown. These new lands adjoin our previously announced discovery well at 3-28-69-17W5. The newly acquired acreage contains a follow up drilling location to the 3-28 well. Camflo will participate for a 20% working interest in the newly acquired lands and well.

AMENDING AGREEMENT
Amalgamation Agreement • November 23rd, 2004 • Camflo International Inc • Metal mining
Suite# 1205 789 West Pender Street, Vancouver, BC, Canada, V6C-1H2
News Release • November 23rd, 2004 • Camflo International Inc • Metal mining

June 25, 2004, Camflo has completed the private placement with Dominick & Dominick Securities Inc. of Toronto, Ontario as detailed below:

Camflo International Inc.
News Release • February 13th, 2004 • Camflo International Inc • Metal mining

Camflo International Inc. (“Camflo”) is pleased to announce that on the 15th of October the 15-16 well was placed on production at Prairie River. During the last month the well has produced consistently at 800,000 cubic feet per day. Camflo has 21.6% working interest in this well.

Camflo International Inc.
Corporate Update • March 5th, 2004 • Camflo International Inc • Metal mining

Camflo and its partners have drilled and cased a well, 3-18-110-09-W6, at Rainbow Lake. Camflo and its partners are expecting a service rig on this multi-zone well by March 15th, 2004.The Muskeg and Jean Marie formations will be tested for potential oil production and the Sulphur Point formation is expected to produce commercial quantities of natural gas. On a successful completion, this well has set up two more drillable locations. Camflo has a 68% WI BPO (before pay out), reverting to a 34% APO (after pay out) on this well.

Camflo International Inc.
Financing Agreement • October 21st, 2003 • Camflo Resources LTD • Metal mining
Camflo International Inc.
Amalgamation Agreement • November 23rd, 2004 • Camflo International Inc • Metal mining
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