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Mineral Claim Purchase Agreement

Purchase and Sale Agreement

Mineral Claim Purchase Agreement | Document Parties: DEERFIELD RESOURCES, LTD. | ASK Prospecting & Guiding Inc You are currently viewing:
This Purchase and Sale Agreement involves

DEERFIELD RESOURCES, LTD. | ASK Prospecting & Guiding Inc

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Title: Mineral Claim Purchase Agreement
Governing Law: New York     Date: 12/29/2008

Mineral Claim Purchase Agreement, Parties: deerfield resources  ltd. , ask prospecting & guiding inc
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Mineral Claim Purchase Agreement

 

THIS AGREEMENT (the “Amendment”) made as of the 5th  day of November, 2008

 

BETWEEN:

 

 

ASK Prospecting & Guiding Inc , having an office at

 

443 JR Smallwood Bvld., Gambo, Newfoundland,

Canada, A0G-2E0 (the “Vendor”),

 

AND:

 

 

 Deerfield Resources, Ltd., a Nevada Corporation, having an office at

 

50 Christopher Columbus Drive, Suite 1606, Jersey City, New Jersey 07302, USA (the “Purchaser”).

 

WHEREAS:

 

 

A.

The Vendor and the Purchaser entered into that certain Mineral Claim Purchase Agreement dated as of October 10, 2006 (the “Agreement”);

 

 

B.

Pursuant to the Agreement, the Purchaser agreed to make certain payments for the purchase from the Vendor of certain mineral claims in accordance with the payment schedule set forth in the Agreement; and

 

 

C.

The Purchaser and Vendor wish to modify the provisions of the specific payment due on the third anniversary of the signing of the Agreement.

 

NOW THEREFORE, in consideration of the mutual promises contained herein and for other good and valuable consideration the sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

 

In lieu of the payment provision with respect to the payment referred to in the Agreement as “iii Second Anniversary upon signing of the agreement $10,000.00” (the “Third Installment”, the Purchaser shall have the right to make the


 
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