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droll7 · 2008-02-14T23:02:49.5970000Z

From the Dec 10 pr TORONTO, Dec. 10 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (EFGO.PK) www.espritfinancialgroup.com DBA Good Life China www.goodlifechina.com announced that it has signed a Memorandum of Understanding to acquire Canden Financial Group Inc. ( http://candenfinancial.com) on an all stock basis. The Mina Mar Group Inc. www.minamargroup.com acted as financial advisors in the transaction. Canden CEO Steen Elgaard advised; 'We are very excited about the opportunity to access the public markets. With EFGO being a dually listed company we see strong possible growth in both the German and USA market. We have several multi-million dollar contracts on the cusp of coming to fruition. We expect to issue announcements over the next couple of quarters as we move forward with EFGO. We know that the current EFGO management and their advisors have been searching for high growth operating companies for some time now and we are delighted that they see as much potential in Canden as we do. Elgaard added; 'We have been very impressed with Garr Winters and his practical, common sense approach to this acquisition.'