CamCap Resources Offshore Master Fund, L.P. acquires beneficial ownership of
the securities of Cap-Link Ventures Ltd.

/NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES/

TORONTO, Dec. 31 /CNW/ - CamCap Resources Offshore Master Fund, L.P. ("CROMF") announced that it has acquired beneficial ownership of 23,144,400 common shares and 23,144,400 common share purchase warrants of Cap-Link Ventures Ltd. ("Cap-Link"). As a result, CROMF now beneficially owns an aggregate of 46,288,800 securities of Cap-Link, representing approximately 11.09% of the issued and outstanding common shares of Cap-Link (assuming exercise of all the common share purchase warrants beneficially owned by CROMF).

The common shares and the common share purchase warrants of Cap-Link were acquired through a private placement of Cap-Link. CROMF acquired beneficial ownership of the securities for investment purposes only. Depending on market and other conditions, CROMF may from time to time in the future increase or decrease its ownership, control or direction over, or exercise its current rights to acquire, the common shares or other securities of Cap-Link, through market transactions, private agreements or otherwise.

SOURCE CAMCAP RESOURCES OFFSHORE MASTER FUND, L.P.

For further information: For further information: Karen A. Durante, CamCap Resources Offshore Master Fund, L.P., 45 Coolidge Point, Manchester, MA, 01944, Tel: (978) 526-7010, Fax: (978) 526-7080

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CAMCAP RESOURCES OFFSHORE MASTER FUND, L.P.

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