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AMENDMENT NO. 1 TO MINERAL
AGREEMENT
THIS AGREEMENT is dated for
reference September 17, 2009.
BETWEEN:
STEVEN
VAN ERT AND NOEL COUSINS
(collectively, the “ Owners
”)
AND:
SUNGRO
MINERALS INC.
(“ SMI ”)
WHEREAS:
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A.
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Pursuant to a Mineral Agreement
dated August 27, 2009 between the Owners and SMI (the
“Mineral Agreement”), the Owners agreed to transfer all
of their interest in and to certain unpatented lode mining claims
situated in Inyo County, California, known as the Conglomerate Mesa
claims (the “Property”) to SMI;
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B.
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Since the date of execution of
the Mineral Agreement, SMI has advanced to the Owners an aggregate
of $52,840 (the “Advance Payments”);
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C.
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Closing of the purchase of the
Property was required to be completed on or before August 31, 2009
(the “Closing Date”); and
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D.
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The Owners have agreed to amend
the Mineral Agreement to extend the Closing Date in consideration
of receiving the Advance Payments on the terms and conditions set
forth in this Agreement.
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NOW THEREFORE, in consideration
of the sum of $10.00 paid by each party to the other and for other
good and valuable consideration, the receipt and sufficiency of
which is hereby ackn
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