Notice of Exercise and Assignment of Mineral Rights and Share Purchase Agreement between NSU Resources, Inc. and Matthew Sacco

Contract Categories: Business Finance › Assignment Agreements
Summary

NSU Resources, Inc. and Matthew Sacco have agreed that NSU Resources will exercise its option to acquire mineral rights for certain tracts and claims near Warwick Mountain, Colchester County. In exchange, Matthew Sacco (or his assigns) will receive 27,500,000 restricted common shares of NSU Resources, Inc. The agreement was executed on November 9, 2011, and outlines the specific mineral claims and tracts involved in the transaction.

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EX-10.2 3 v239972_ex10-2.htm EXHIBIT 10.2
 
EXHIBIT “C”
NOTICE TO EXERCISE CLAIMS AND TRACT OF
SHATTER LAKE LICENCE
F.K.A. CLEAR LAKE RESOURCES INC

-and-

NOTICE TO PURCHASE RESTRICTED COMMON SHARES OF
NSU RESOUCES INC
F.K.A. BIO-CARBON SOLUTIONS INTERNATIONAL, INC.

NSU Resources, Inc. Hereby gives notice to exercise its option for the mineral rights as described under the terms and conditions of this Mineral Rights Assignment Agreement for the Tract, Claims and Map Sheet, situated at or near Warwick Mountain in the County of Colchester, described as:

MAP SHEET: 11 E 11 B

TRACT:            67, 68, 80, and 81

 
CLAIMS:
ABCD*EFG*H*JKL*M, CDEF*LMNO,  ABCD*EFG*H*JKL*M, and AH respectively

Shares Issued: ___27,500,000_________________, Restricted Common Shares of NSU Resources Inc

Date of Exercise:__November 9, 2011______________

Matthew Sacco and/or his assigns hereby agrees to purchase __27,500,000______________, Restricted Common Shares of NSU Resources Inc for the assignment of the Mineral Rights as described in the table above.

NSU RESOURCES INC

By: /s/ Luc C Duchesne
  
Date: __November 9, 2011_______
Dr. Luc C. Duchesne, President & CEO
    
     
MATTHEW SACCO
    
     
By:  /s/ Matthew Sacco
  
Date: __November 9, 2011_______
Matthew Sacco