Investment Agreement between Brazil Minerals, Inc. and Carl Suter for Series B Convertible Preferred Stock

Contract Categories: Business Finance › Purchase Agreements
Summary

Brazil Minerals, Inc. and Carl Suter have agreed that Mr. Suter will invest a total of $42,500 in the company. He has already invested $22,500, for which he received 22.5 shares of Series B Convertible Preferred Stock. He will invest an additional $20,000 in the coming days, after which he will receive 20 more shares of the same stock. The agreement outlines the terms of these investments and the corresponding share issuance.

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EX-10.19 41 ex10_19.htm
Exhibit 10.19
 
 
BRAZIL MINERALS, INC.
155 North Lake Avenue, Suite 800
Pasadena, California 91101


September 18, 2015

Carl Suter
[address]

Dear Carl:

Reference is made to your investment into BMIX of $22,500 (the “$22,500 Investment”) made on July 24, 2015, and to an additional agreed upon investment of $20,000 (the “$20,000 Investment”) into BMIX to be made by you in the next few days.

As we agreed, with respect to the $22,500 Investment, such has purchased 22.5 shares of the BMIX Series B Convertible Preferred Stock, the details of which are described here as Exhibit A as filed in Nevada, the state of incorporation of BMIX.

With respect to the $20,000 Investment, as soon as BMIX receives it, BMIX will issue 20 additional shares of BMIX Series B Convertible Preferred Stock to you

Very truly yours,
BRAZIL MINERALS, INC.

By: /s/ Marc Fogassa
       Marc Fogassa, Chief Executive Officer

AGREED TO:

/s/ Carl Suter
  Carl Suter





Exhibit 10.19 -- Page 1