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LOAN AGREEMENT

Loan Agreement

LOAN AGREEMENT | Document Parties: RED METAL RESOURCES, LTD. You are currently viewing:
This Loan Agreement involves

RED METAL RESOURCES, LTD.

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Title: LOAN AGREEMENT
Date: 5/4/2009

LOAN AGREEMENT, Parties: red metal resources  ltd.
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Exhibit 10.13

 

LOAN AGREEMENT

February 25, 2009

 

Richard N. Jeffs (the “Lender”) of 4 Montpelier Street, Suite 521, London, SW71EE, advanced US$35,000 (the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 195 Park Avenue, Thunder Bay, Ontario, P7B 1B9.  The Lender advanced the funds on February 25, 2009

 

The Borrower agrees to repay the Principal Sum on demand, together with interest calculated and compounded monthly at the rate of 8% per year (the “Interest”) from February 25, 2009.  The Borrower is liable for repayment for the Principal Sum and accrued Interest and any costs that the Lender incurs in trying to collect the Principal Sum and the Interest.

 

The Borrower will evidence the debt and its repayment of the Princi


 
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