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Exhibit
10.9
PROMISSORY
NOTE
$15,000 United States
Dollars
May 24, 2008
FOR VALUE RECEIVED, the
undersigned, DYNAMIC GOLD CORP. ("Company") , hereby
promises to pay to Tim Coupland (herein referred to as the
"Payee" ), the principal amount of fifteen thousand
($15,000) dollars in United States currency in accordance with and
subject to the terms, conditions and limitations as set forth in
the loan agreement (the "Agreement" ) dated May 24, 2008,
between Company and the Payee. Except as otherwise specified
herein, interest under this promissory note ( "Note" ) shall
accrue on the unpaid principal balance hereof from time to time
outstanding from and after the date of advance, default and
judgment at the rate of ten (10%) percent per annum until the
balance due plus accrued interest has been paid in full. Interest
shall be computed on the daily principal balance on the basis of a
365 day calendar year for the actual number of days elapsed.
Interest shall be payable after maturity, default and judgment,
with interest payable on overdue interest at the same rate. All
payments under this Note shall be paid to Payee at the address
provided by Payee to Company in writing on the date hereof, until
such time as Paye
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