Addendum to Acquisition Agreement and Plan of Merger among Minatura Gold, Gold Resource Partners, LLC, and Boatatopia Sub Co. (November 24, 2009)

Contract Categories: Mergers & Acquisitions › Merger Agreements
Summary

This addendum, dated November 24, 2009, is between Minatura Gold, Gold Resource Partners, LLC, and Boatatopia Sub Co. It modifies the original Acquisition Agreement and Plan of Merger from June 12, 2009. Due to advice from legal and accounting counsel, the parties have restructured the transaction to address technical legal and accounting issues, while aiming to keep the main terms unchanged. As a result, the original agreement and any prior addendums are terminated as of this date.

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EX-10.3 4 ex10-3.htm ADDENDUM TO JUNE 12, 2009 ACQUISITION AGREEMENT AND PLAN OF MERGER WITH GOLD RESOURCES PARTNERS, LLC AND BOATATOPIA SUB CO. DATED 11/24/09 ex10-3.htm
 
 
 

ADDENDUM TO ACQUISITION AGREEMENT

AND PLAN OF MERGER

THIS ADDENDUM to the Acquisition Agreement and Plan of Merger dated June 12, 2009 (the “Agreement”), is entered into by and among Minatura Gold, a Nevada corporation (“MGOL”), Gold Resource Partners, LLC, a Nevada limited liability company (“GRP”), and Boatatopia Sub Co., a Nevada corporation (“SUB CO”), collectively the Parties, on this 24th day of November, 2009.

As a result of input from Columbian counsel, Columbian accountants, US tax counsel, and US securities counsel, the Parties have restructured the nature of the transactions as described in the original Agreement, to reflect the most efficient manner to resolving technical legal and accounting issues with the intent of retaining the original material terms of the Agreement. Therefore, the original Agreement and any addendums are hereby terminated as of November 24th, 2009.

IN WITNESS WHEREOF, the Parties hereto have duly executed this Addendum as of the day and year first above written.

Gold Resource Partners, LLC
  
Boatatopia Sub Co.
A Nevada limited liability company
  
a Nevada Corporation
     
By: /S/ Paul Dias
  
By: /S/ Dan Van Ness
     Paul Dias, Managing Member
  
     Dan Van Ness, President
     
Minatura Gold
    
A Nevada Corporation
    
     
By: /S/ Paul Dias
    
     Paul Dias, CEO