CAV Camrova Resources Inc

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

Cap-Link Ventures Ltd. (the "Company" or "Cap-Link") (TSX VENTURE:CAV) is very
pleased to announce that its wholly owned subsidiary Petrodorado Ltd.
("Petrodorado") has closed the previously announced purchase of all of the
issued and outstanding shares of Holywell Resources S.A. ("Holywell") from a
private vendor for the aggregate cash purchase price of approximately US$6.3
million. Holywell is a private (Panama incorporated) oil & gas company with
operations in Colombia, South America.


Holywell owns an undivided 20% working interest in the Buganviles block located
in the upper Magdalena Valley in central Colombia. Combined with a previously
announced farm-in transaction with Pacific Rubiales Energy Corp., Petrodorado
will have a 49.5% working interest in the Buganviles block. The Buganviles block
consists of approximately 22,128 hectares (approximately 54,679 acres).


Exploration activity at Buganviles will involve an investment by Petrodorado of
approximately US$4.6 million, which will be spent on the drilling of one oil
exploration well (targeting 26 degrees to 35 degrees API gravity oil) prior to
the end of the second quarter of 2010.


Cautionary Note Regarding Forward-Looking Statements

Except for the statements of historical fact contained herein, the information
presented constitutes "forward-looking statements". Such forward-looking
statements, including but not limited to anticipated capital expenditures and
drilling plans on the Buganviles block, uncertainties and other factors which
may cause the actual results, performance or achievements of the Company to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Although the Company
has attempted to identify important factors that could cause actual results to
differ materially, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers are cautioned that the assumption used in the preparation of the
forward-looking statements, although considered reasonable at the time of
preparation may prove to be imprecise and, as such undue reliance should not be
placed on forward-looking statements.


The forward-looking statements contained in this press release are made as of
the date of this press release. Except as required by law, the Company disclaim
any intention and assume no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise,
except as required by applicable securities law. Additionally, the Company
undertakes no obligation to comment on the expectations of, or statements made,
by third parties in respect of the matters discussed above.

Camrova Resources (TSXV:CAV)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Camrova Resources (TSXV:CAV)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024