Subscription Agreement for Series B Convertible Preferred Stock between Brazil Minerals, Inc. and The Nazari & Associates International Group Inc. Defined Benefit Plan

Contract Categories: Business Finance › Subscription Agreements
Summary

Brazil Minerals, Inc. confirms receipt of a $20,000 investment from The Nazari & Associates International Group Inc. Defined Benefit Plan, resulting in the purchase of 20 shares of BMIX Series B Convertible Preferred Stock. This brings the investor's total holdings to 70 shares. The agreement outlines the transaction details and references the terms of the preferred stock as filed in Nevada. Both parties have signed to acknowledge and accept the terms of the investment.

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EX-10.22 44 ex10_22.htm
Exhibit 10.22
 
 
BRAZIL MINERALS, INC.
155 North Lake Avenue, Suite 800
Pasadena, California 91101


   September 18, 2015

The Nazari & Associates International Group Inc. Defined Benefit Plan
c/o Michael Nazari
[address]

Dear Michael:

Reference is made to your investment into BMIX of $20,000 (the “$20,000 Investment”) into BMIX made by check on September 18, 2015. The $20,000 Investment has purchased 20 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.

Previously you had 50 shares of BMIX Series B Convertible Preferred Stock, and therefore you have now a total of 70 shares of BMIX Series B Convertible Preferred Stock.

Very truly yours,
BRAZIL MINERALS, INC.

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


 AGREED TO:

//signed//
The Nazari & Associates International Group Inc. Defined Benefit Plan





 
Exhibit 10.22 -- Page 1