Amendment to Promissory Note Due Date between APD Antiquities, Inc. and Northern Adventures, LLC
APD Antiquities, Inc., through its soon-to-be-formed subsidiary APD Metals, Inc., and Northern Adventures, LLC have agreed to extend the due date for certain promissory notes from March 31, 2012 to June 30, 2012. Both parties have signed this letter to confirm their mutual understanding and acceptance of the new due date.
Exhibit 10.7
APD Antiquities, Inc.
1314 South Grand Blvd, Suite 2-250
Spokane, WA 99202
Phone: (509) 744-8590
March 30, 2012
Mr. Martin Clemets, Managing Member
Northern Adventures, LLC
1028 East Larch Street
Osburn, Idaho 83849
RE: Extension of Due Date of Promissory Notes.
Dear Mr. Clemets:
This letter confirms that APD Antiquities, Inc. ("APD"), a Nevada corporation, through its subsidiary to be formed APD Metals, Inc. (APDM) hereby agrees to extend the due date of the various promissory notes from March 31, 2012 to June 30, 2012.
If the foregoing accurately sets forth your understanding, please sign both copies of this letter in the space provided.
Very truly yours,
Agreed and accepted this 30th day of March, 2012
Place: Spokane, Washington on March 30, 2012
_________________________
Cindy K. Swank, President
APD Antiquities, Inc.
Place: Osburn, Idaho on March 30, 2012
_________________________
Martin Clemets, a Managing Member
Northern Adventures, LLC