Amending Letter Agreement Extending Closing Date for Share Purchase between Andresmin Gold Corporation and Grupo Minero Internacional S.A.C.
Andresmin Gold Corporation and the shareholders of Grupo Minero Internacional S.A.C. have agreed to extend the deadline for completing the purchase of all outstanding shares of Grupo Minero by Andresmin. The new closing date is June 30, 2004, instead of the original June 10, 2004. This amendment is binding once signed by all parties. The agreement confirms the extension of a key condition for the share purchase transaction.
EXHIBIT 10.1
ANDRESMIN GOLD CORPORATION
Suite 1450, 409 Granville Street
Vancouver, British Columbia
Canada, V6C 1T2
Tel: (604) 669-3707
June 10, 2004
To:
THE SHAREHOLDERS AND THE BOARD OF DIRECTORS OF
GRUPO MINERO INTERNACIONAL S.A.C.
193-I, 401-C José Antonio Street
La Molina, Peru
Dear Sirs\Mesdames:
Re:
OFFER TO PURCHASE ALL OF THE OUTSTANDING SHARES IN THE CAPITAL OF GRUPO MINERO INTERNACIONAL S.A.C. ("GRUPO") FROM ALL THE SHAREHOLDERS OF THE OUTSTANDING SHARES IN THE CAPITAL OF GRUPO BY ANDRESMIN GOLD CORPORATION ("ANDRESMIN")
Further to the Letter Agreement dated April 29, 2004 with respect to the matter above-noted, we hereby acknowledge and confirm that the condition precedent to closing as described in clause 6 thereof has been extended from June 10, 2004 to June 30, 2004.
We trust you find the foregoing satisfactory, and would ask that you indicate your agreement with all of the foregoing by executing a copy of this Amending Letter Agreement and return an originally signed copy to the undersigned.
Yours very truly,
ANDRESMIN GOLD CORPORATION
Per:
/s/ Lance Larsen
Lance Larsen, Director
If the parties wish to accept the terms and conditions set forth above, please execute this Letter Agreement and return an originally signed copy to the undersigned. Upon such execution and return, this Letter Agreement shall constitute a binding agreement upon the parties.
GRUPO MINERO INTERNACIONAL S.A.C.
Per:
/s/ Esther Yvonne Carrillo
Dated: June 10, 2004
Esther Yvonne Carrillo, general manager
of Grupo Minero S.A.C.
/s/ David Clifton
Dated: June 10, 2004
David Michael Clifton, shareholder of
Grupo Minero Internacional S.A.C.
/s/ Shih Hung Chuang
Dated: June 10, 2004
Shih-Hung Chuang, shareholder of
Grupo Minero Internacional S.A.C.
