JOINT FILING AGREEMENT

THIS  AGREEMENT  dated  the  24th  day  of  October,  2001.

WHEREAS:

A.     Sutton  Park  International  Limited  ("Sutton  Park")  is the beneficial
holder  of  326,350  shares  of  common  stock of Drummond Financial Corporation
("Drummond")  and  MFC  Bancorp  Ltd. ("MFC") is the direct beneficial holder of
95,000  shares of common stock of Drummond and the indirect beneficial holder of
1,267,250  shares  of  common  stock  of  Drummond (including the shares held by
Sutton  Park);  and

B.     MFC  and  Sutton Park (each a "Filer" and collectively, the "Filers") are
responsible  for  filing a Schedule 13D/A (the "Schedule 13D/A") relating to the
acquisition  of  the  shares  of  common  stock  of  Drummond,  pursuant to U.S.
securities  laws.

NOW  THEREFORE  THE  PARTIES  AGREE  AS  FOLLOWS:

1.     Each  Filer  covenants and agrees that it is individually eligible to use
       the  Schedule  13D/A  which  is  to  be  filed;

2.     Each  Filer  is  individually  responsible  for  the timely filing of any
       amendments  to  the Schedule 13D/A, and for the completeness and accuracy
       of the information  concerning  themselves, but is not responsible for
       the completeness and accuracy of any of the information contained in the
       Schedule 13D/A as to the other  Filer,  unless  such  Filer  knows  or
       has  reason  to  believe that the information  is  inaccurate;

3.     This Schedule 13D/A contains the required information with regard to each
       Filer  and  indicates  that  it  is  filed  on  behalf  of  both  Filers;
       and

4.     Each  Filer  agrees  that  the  Schedule 13D/A to which this Joint Filing
       Agreement  is  attached  as  Exhibit  1  is  filed  on  its  behalf.

IN  WITNESS  WHEREOF the parties have duly executed this Joint Filing Agreement.


MFC  BANCORP  LTD.                         SUTTON  PARK  INTERNATIONAL  LIMITED



By:    /s/  Michael  J.  Smith              By:    /s/  Michael  J. Smith
    ------------------------------               -----------------------------
    Michael  J.  Smith,  President               Michael  J.  Smith,  Director