Promissory Note between Oaxaca Resources Corp. and John Edward Cooper dated February 10, 2016
Oaxaca Resources Corp., a Nevada corporation, agrees to pay John Edward Cooper $2,500 plus 6% annual simple interest by December 31, 2018. The note is governed by Nevada law and requires payment in U.S. dollars. Michael Gilliland, as President, CEO, and CFO of Oaxaca Resources Corp., signed the agreement. This document sets out the repayment terms and legal obligations for the loan.
PROMISSORY NOTE
February 10, 2016
FOR VALUE RECEIVED, Oaxaca Resources Corp., a Nevada Corporation, promises to pay John Edward Cooper, on or before December 31, 2018, the amount of Two Thousand Five Hundred Dollars ($2,500.00) in the currency of the United States, plus simple interest on the principal amount of this Promissory Note accrued at a rate of 6% per annum.
Time shall be the essence of this Promissory Note.
This Promissory Note shall be governed by and constituted in accordance with the laws of the State of Nevada.
OAXACA RESOURCES CORP.
Per /s/ Michael Gilliland
Michael Gilliland, Pres., CEO, CFO
