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Gold/Mining/Energy : CAMFLO RESOURCES LTD CFK (ASE) ACQUIRES INTERNET COMPANY -- Ignore unavailable to you. Want to Upgrade?

To: bert coish who wrote (4)	5/18/1999 7:54:00 PM
From: bert coish	Read Replies (1) \| Respond to of 11

Camflo Resources Ltd. 300-555 West Georgia Street, Vancouver, BC Canada V6B 1Z5 Toll-free (North America): 800-442-1860 Tel: +1 (604) 687-7294 Fax: +1 (604) 682-1329 Email: info@camflo.com Web Site: www.camflo.com Trading Symbol: CFK (ASE) MAY 18, 1999, VANCOUVER, CANADA eteeoff.com SIGNS WORLD GOLF.COM JOINT VENTURE CAMFLO Resources Ltd. Shares Issued: 9,780,000 Trading Symbol: CFK (Alberta Stock Exchange) Web Site: www.camflo.com & www.eteeoff.com 1999-05-17 close: $0.73 SEC 20F (File # 0-30026) eteeoff.com, a 100% wholly owned subsidiary of CAMFLO Resources Ltd. is pleased to announce that it has signed an e-commerce Joint Venture with World Golf.com, subject to regulatory approval. World Golf.com is one of the first and the largest provider of golf related content for the Internet. eteeoff.com anticipates that it will be able to provide its customers with real time access to the international golf community as a source to more than 10,000 golf courses and resorts in over 30 countries worldwide. The Joint Venture with World Golf allows eteeoff.com an opportunity to enter the booming golf industry, as it embraces the Internet e-commerce market. Piper Jaffray Research Group, forecasts the Internet e-commerce market to increase to more than $228 billion by 2001. eteeoff.com and CAMFLO Resources Ltd. are embarking on a mission to revolutionize the golf tee-time reservations and e-commerce market by building the premier golf portal on the Internet. Through strategic alliances, joint ventures and acquisitions with major golf product and service providers, eteeoff.com will become the primary e-commerce golf site on the internet. For further information call Steve Smith or Mark Collett at 1-800-442-1860 eteeoff.com / CAMFLO Resources Ltd. CAMFLO RESOURCES LTD. Ickbal J. Boga Chief Financial Officer