POR Portofino Resources Inc

NOT FOR U.S. DISTRIBUTION

Process Capital Corporation (TSX VENTURE:POR) (the "Company") announces that its
subsidiary, Advanced Process Fuels Inc. ('APFI') has engaged Harris Brown &
Partners Limited to undertake a $20 million private placement financing on a
best efforts basis. The proceeds of the financing will allow APFI to finalize
the engineering and construction of a new 33 million litre commercial waste oil
micro-refinery at the Company's refining facility site in Kingston Ontario.


The new refinery design is based on a process patent held by Fishstar
Laboratories Inc., for which APFI is the exclusive worldwide licensee, except
for China. The process technology converts waste lubricating oil into petroleum
products, primarily diesel fuel. APFI has operated its existing 10 million litre
pilot micro-refinery for over 8 years using its patented process technology
during which time the process was proven and the process configuration refined.


This new 33 million litre 'state-of-the-art' micro-refinery will be engineered
by Worley Parsons Canada, ('WPC'), Canada's pre-eminent hydrocarbon processing
consulting engineers. The scale of the new refinery planned for the Kingston
location allows feedstock to be collected, and finished products to be sold
regionally.


The proposed private placement financing will consist of up to a principal
amount of $20,000,000 convertible debenture units ("Units") of APFI, each Unit
consisting of a $50,000 principal amount of convertible debentures (the
"Convertible Debentures") and 25, 000 common shares of APFI. The Convertible
Debentures are interest bearing, at the rate of 12% per annum, calculated and
payable monthly. The Convertible Debentures will have a 3 year term, and cannot
be redeemed by the holder, or prepaid by APFI prior to maturity. All Convertible
Debentures will rank pari-passu with all other Convertible Debentures issued
pursuant to the offering, and in the event that APFI becomes a publicly traded
company, will, at the option of the holder, be convertible into common shares of
APFI, at a price equal to the initial issue price of APFI at the date APFI
becomes publicly traded.


The private placement offering is not subject to any minimum subscription level,
and may close in one or more tranches. Harris Brown & Partners will be paid a 6%
commission on the amount of funds raised.


The private placement offering is subject to the approval of the TSX Venture
exchange and all required regulatory approvals.


There are currently 23,126,375 common shares of APFI outstanding, and if the
private placement financing is fully subscribed, 10,000,000 additional common
shares will be issued as part of the Units.


About POR

Process Capital Corporation is an environmental technology investment company
publicly listed on the Toronto Venture Exchange (TSX VENTURE:POR). Process
Capital is the controlling shareholder of APFI. For further information on
Process Capital Corporation, please contact John Stollery, Chairman, at (416)
622-6600., or at johnstollery@processcapital.ca.


About APFI

Advanced Process Fuels Inc. is a Mississauga based environmental technology
company which holds the exclusive license on US patent No. 6,132,596. APFI will
own, joint venture or license its process technology around the world. For
further information on Advanced Process Fuels Inc., please contact Robert
Grimard, President, at (416) 622-6600 or at robertgrimard@processcapital.ca.


About Harris Brown & Partners Limited

Harris Brown & Partners Limited is a registered Exempt Market Dealer in the
Province of Ontario. Harris Brown is the Selling Agent on behalf of Issuers of
various types of securities through Private Placement investment offerings. For
further information on Harris Brown & Partners Limited, please contact Jeff
Phipps, President, at (416) 850-1583 or jphipps@harrisbrownpartners.ca.
www.harrisbrownpartners.ca


Statements in this release which describe the Company's intentions, expectations
or predictions, or which relate to matters that are not historical facts are
forward-looking statements. These forward-looking statements involve known and
unknown risks and uncertainties which may cause the actual results, performances
or achievements of the Company to be materially different from any future
results, performances or achievements expressed or implied by such
forward-looking statements. The Company may update or revise any forward-looking
statements, whether as a result of new information, future events or changing
market and business conditions.

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