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Gold/Mining/Energy : Mandorin Goldfields MGD.V

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To: Bernard Poulin who wrote (518)2/17/2000 5:58:00 PM
From: Flea  Read Replies (1) of 633
 
Mandorin In Negotiations To Acquire An Option On
Internet Software

Thursday, February 17, 2000, 5:18 PM EST

Vancouver, British Columbia
Mr. Malcolm L. Stevens, Vice-Chairman and President, announces
that, further to the Company's news release dated February 1,
2000, it is in negotiations to acquire an option on an interest
in a fully integrated internet e-billing system.

It is anticipated that present negotiations will result in the
signing of a Letter of Intent within the next several days, which
will be followed by a definitive acquisition agreement which will
be subject to regulatory approval.

On behalf of
MANDORIN GOLDFIELDS INC.

"Malcolm L. Stevens"

Malcolm L. Stevens
Vice Chairman and President

THE CANADIAN VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT
ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS
NEWS RELEASE.

Investor inquiries should be directed to:
Ms. Christine Reynolds, Vancouver Office (604) 688 9559; or
Mr. Jim Becke, Sydney, Australia Office (612) 9251 5855

Mandorin Goldfields Inc.

Sydney Office Vancouver Office www.mandorin.com
Level 9, Kyle House Suite 1200
27-31 Macquarie Place 543 Granville Street
Sydney NSW 2000 Vancouver, B.C. V6C 1X8
Australia Canada
Tel: (61 2) 9251 5855 Tel: (604) 602 7101
Fax: (61 2) 9251 5866 Fax: (604) 685 2838
cail@canaustra.com.au christine@durhamcapital.com
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