Extension Letter for Mineral Property Option Agreement between George Francis Lee and Penola Inc.

Contract Categories: Business Finance › Modification Agreements
Summary

This letter from George Francis Lee to Penola Inc. extends the option period of a Mineral Property Option Agreement originally dated July 6, 2010. The extension grants Penola Inc. an additional two years, moving the option's expiration to July 6, 2014, under the same terms and conditions as the original agreement. No other changes are made to the agreement.

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EX-10.1 2 pnla_ex101.htm LETTER FROM GEORGE FRANCIS pnla_ex101.htm
EXHIBIT 10.1
 
George F Lee
 
PO Box 343 Donnybrook, Western Australia 6239


Penola Inc
492 Gilbert Road
Preston
Victoria 3072
 
July 7, 2012
 
 
Dear Lena,
 
Mineral Property Option Agreement of 6th July 2010
 
I’m pleased to extend the period of the option of the above agreement for a further two years to 6th July 2014 on the existing conditions as the originally signed agreement.
 
 
Yours Faithfully

 
George Francis Lee