Termination Letter of the Participation and Exclusivity Agreement dated June 10, 2008 between Gulf Western Petroleum Corporation, and Amerpro Industries US Ltd

Mr. Donald A. Mosher

Amerpro Industries Inc.

1708 West 6th Avenue

Vancouver, Canada V6J 5E8

RE:	Termination of Participation and Exclusivity Agreement dated effective June 10, 2008 (the “Participation Agreement”) as amended in the Amending Agreement dated effective July 31, 2008 (the “Amending Agreement”).

Dear Mr. Mosher:

 

The Amerpro Industries Inc. and Amerpro Industries US Ltd. (collectively referred herein as “Amerpro”) Participation Agreement as amended in the Amending Agreement provided for closing for Amerpro’s participation in Gulf Western’s oil and gas lease interests in Wharton County, Texas to occur on August 28, 2008.  Amerpro failed to close on the date provided, and please consider this formal notice that Gulf Western terminates the referenced agreement.

 

The Deposit totaling $100,000 referenced in paragraph 5 of the Amending Agreement is forfeited by Amerpro and is retained by Gulf Western.

 

Very truly yours,

 

 

/s/ Wm. Milton Cox

Wm. Milton Cox

Chairman and CEO

Gulf Western Petroleum Corporation

Cc:	Lang Michener LLP		Porter & Hedges LLP
	1500-1055 West Georgia Street		1000 Main Street, 26th Fl.
	Vancouver, Canada V6E 4NY		Houston, TX  77002
	Attention:  Desmond Balakrishnan		Attention:  Matthew R. Reynolds
	Fax:   ###-###-####		Fax:   ###-###-####

 

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