Radcliffe Foundation - Press Release


    VANCOUVER, Nov. 14 /CNW/ - Radcliffe Foundation announces that it has
acquired an additional 3,950,000 common shares of Cantrell Capital Corp.
("Cantrell") by way of exercising warrants held by them to acquire 3,950,000
common shares, representing approximately 6.7% of the issued and outstanding
common shares of Cantrell (the "Acquisition")
    Prior to the Acquisition, Radcliffe Foundation along with Fiore Capital
Corporation, both organizations controlled by Frank Giustra (the "Offerors")
held an aggregate of 9,900,000 common shares, as well as warrants entitling
them to acquire 3,950,000 common shares and options to acquire 2,000,000
common shares. After giving effect to the Acquisition, the Offerors hold
13,850,000 common shares, representing approximately 23.4% of the issued and
outstanding common shares of Cantrell. Assuming exercise of the 2,000,000
options held by the Offerors, the Offerors would own a total of 15,850,000,
common shares representing 25.9% of the issued and outstanding common shares
of Cantrell.
    The securities were acquired for investment purposes. While they do not
intend to acquire further securities of Cantrell at this time, they may in the
future acquire or dispose of securities of Cantrell, through the market or
otherwise, as circumstances or market conditions warrant.

    On behalf of RADCLIFFE FOUNDATION

    "Frank Giustra"




For further information: Frank Giustra, Suite 3123 - 595 Burrard St.,
Vancouver, BC V7X 1J1, Tel: (604) 609-6102