Addendum No. 1 to Loan Agreement Between Jefferson Thachuk and Coronus Solar Inc. (June 20, 2011)

Summary

This addendum updates the loan agreement between Jefferson Thachuk (the lender) and Coronus Solar Inc. (the borrower) as of June 20, 2011. It documents the current outstanding loan amounts, which are CAD $204,500 and USD $6,600, and provides a record of loan activity since October 19, 2010. The addendum confirms that the attached chronology accurately reflects the loan transactions between the parties. It is signed by the lender and directors of Coronus Solar Inc.

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.

JEFFERSON THACHUK		RAVEN KOPELMAN
Jefferson Thachuk		Raven Kopelman
Lender		Coronus Solar Inc., Director


DAVID HOLMES		KENNETH BOGAS
David Holmes,		Kenneth Bogas
Coronus Solar Inc., Director		Coronus Solar Inc., Director

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