Carrington Acquisition Corporation of London, Ontario (TSX VENTURE:CAQ.H)
("Carrington") and Mr. George Lunick, President and CEO of Carrington, announces
that the we have recently discontinued a former transaction regarding Dolly
Silver and Dolly Varden. It has been confirmed with the principals of such
corporate names that this transaction is now terminated. 


Carrington continues to actively pursue other opportunities for potential
Qualifying Transactions.


Forward- Looking Statements

Certain statements contained in this news release constitute forward looking
statements. The use of any of the words "anticipate", "continue", "might",
"estimate", "approximate", "expect", "may", "will", "project", "should",
"believe", "subject to" and similar expressions are intended to identify
forward-looking statements. These statements involve known and unknown risks,
uncertainties and other factors that may cause actual results or events to
differ materially from those anticipated in such forward-looking statements are
based on reasonable assumption but no assurance can be given that these
expectations will prove to be correct and the forward-looking statements
included in this news release should not be unduly relied upon.