JOINT FILING AGREEMENT
THIS AGREEMENT dated the 24th day of October, 2001.
WHEREAS:
X. Xxxxxx Park International Limited ("Sutton Park") is the beneficial
holder of 326,350 shares of common stock of Xxxxxxxx Financial Corporation
("Xxxxxxxx") and MFC Bancorp Ltd. ("MFC") is the direct beneficial holder of
95,000 shares of common stock of Xxxxxxxx and the indirect beneficial holder of
1,267,250 shares of common stock of Xxxxxxxx (including the shares held by
Xxxxxx Park); and
B. MFC and Xxxxxx Park (each a "Filer" and collectively, the "Filers") are
responsible for filing a Schedule 13D/A (the "Schedule 13D/A") relating to the
acquisition of the shares of common stock of Xxxxxxxx, pursuant to U.S.
securities laws.
NOW THEREFORE THE PARTIES AGREE AS FOLLOWS:
1. Each Filer covenants and agrees that it is individually eligible to use
the Schedule 13D/A which is to be filed;
2. Each Filer is individually responsible for the timely filing of any
amendments to the Schedule 13D/A, and for the completeness and accuracy
of the information concerning themselves, but is not responsible for
the completeness and accuracy of any of the information contained in the
Schedule 13D/A as to the other Filer, unless such Filer knows or
has reason to believe that the information is inaccurate;
3. This Schedule 13D/A contains the required information with regard to each
Filer and indicates that it is filed on behalf of both Filers;
and
4. Each Filer agrees that the Schedule 13D/A to which this Joint Filing
Agreement is attached as Exhibit 1 is filed on its behalf.
IN WITNESS WHEREOF the parties have duly executed this Joint Filing Agreement.
MFC BANCORP LTD. XXXXXX PARK INTERNATIONAL LIMITED
By: /s/ Xxxxxxx X. Xxxxx By: /s/ Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx, President Xxxxxxx X. Xxxxx, Director
