Supplementary Investment Cooperation Agreement among Shanxi Puda Coal Group, Ming Zhao, and Jianping Gao
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Summary
Shanxi Puda Coal Group Co., Ltd., Ming Zhao, and Jianping Gao have amended their previous Investment Cooperation Agreement. The changes specify that acquiring the physical mining assets and mining rights of the Xiapincun Coal Mine will be part of the second phase of the Pinglu Project. All mining assets from Xiapincun Coal Mine will be transferred to Shanxi Pinglu Dajinhe Anrui Coal Industry Co., Ltd. This agreement clarifies the next steps and asset allocation for the ongoing project.
EX-10.1 2 v207999_ex10-1.htm
Supplementary Agreement of Investment Cooperation
Party A: Shanxi Puda Coal Group Co., Ltd.
Party B: Ming Zhao
Party C: Jianping Gao
Party A, Party B and Party C (collectively, “Co-Investors”) entered into Investment Cooperation Agreement on August 1, 2010. After friendly negotiation, the Co-investors hereby amend and supplement the Investment Cooperation Agreement as follows:
1, The acquisition of physical mining assets and mining right of Pinglu County Xiapincun Coal Mine (“Xiapincun Coal Mine”) will be included into Phase Two of the Pinglu Project;
2, The entire mining assets of Xiapincun Coal Mine will be placed into Shanxi Pinglu Dajinhe Anrui Coal Industry Co., Ltd.
| Party A: Shanxi Puda Coal Group Co., Ltd. | Party B: Ming Zhao | Party C: Jianping Gao |
| Representative (Singature/Seal): /s/ Ming Zhao | Party B’s Signature: /s/ Ming Zhao | Party C’s Signature: /s/ Jianping Gao |
January 10, 2011
