LOAN AGREEMENT (Addendum No. 1)

EX-10.35 38 exh10-35.htm LOAN AGREEMENT WITH JEFFERSON THACHUK (JUNE 20, 2011 ADDENDUM). exh10-35.htm

Exhibit 10.35

LOAN AGREEMENT

(Addendum No. 1)

WHEREAS:

·	This addendum serves to update the Loan Agreement (attached as Exhibit 10.1 to the Form 10-K/A-2 Coronus Solar Inc. filed with the SEC on December 10, 2010) between Jefferson Thachuk (the “Lender”) and Coronus Solar Inc. (the “Borrower”).

·	This addendum is current as of June 20, 2011.

·	A detailed chronology of the Loans, subsequent to October 19, 2010 is attached to this addendum as Exhibit A.

·	As at March 31, 2011, the principal amount of the Loans totaled CAD $246,000 and USD $6,600.

·	As at June 20, 2011, the principal amount of the Loans totaled CAD $204,500, plus USD $6,600.

RESOLVED:

This addendum fairly and accurately characterizes the subsequent loan activity between the Lender and the Borrower.

DATED: this 20th day of June, 2011.

EXHIBIT A

Loans from Shareholder - Jeff Thachuk
As at June 20, 2011
		CAD	USD
Date	Source	Principal	Principal

19-Oct-10	Opening Balance	246,000	6,600
18-Apr-11	Deposit	8,500	-
10-May-11	Payment	(50,000)	-

Total		CAD 204,500	USD 6,600