Aultra Gold Withdrawal of Offer Letter to Princeton Research Inc. (June 25, 2007)

Contract Categories: Business Operations › Termination Agreements
Summary

Aultra Gold, through its CFO Bal Bhullar, notifies Princeton Research Inc. that its previous offer for a contract is withdrawn and revoked because Princeton Research did not return a signed copy. As a result, there is no binding contract or recognized relationship between the two parties. The letter clarifies that Aultra Gold does not consider itself contractually obligated to Princeton Research in any way.

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EX-10.1 2 ex101.htm EXHIBIT 10.1 ex101.htm
 
 
 
 
 
 
 
June 25, 2007
 
Mike King
Princeton Research Inc. 3887 Pacific Street
Las Vegas, Nevada 89121
 
Dear Mike,
 
Please be advised that on June 1, 2007, I forwarded to you via email a signed copy of the PR contract by and between Aultra Gold and Princeton Research. To date, I have yet to receive a signed copy hack from an authorized representative of Princeton Research.
 
Please be advised that, on behalf of the Company, our offer to Princeton Research is hereby withdrawn and revoked in its entirety. Since Princeton Research has yet to sign a copy and deliver same to Aultra Gold, there is no legally binding contract as of this date, and the Company does not recognize any contractual relationship with Princeton Research of any sort.
 
If you require any further information, please do not hesitate to call myself at 778-998­3255.
 
Regards,
 
 
/s/ Bal Bhullar
Bal Bhullar, CGA, CRM
CFO
 
Suite 1750, Box 13
999 West Hastings Street
Vancouver, BC V6C 2W2