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Re: gumzsa post# 546897

Tuesday, 03/21/2017 9:17:33 AM

Tuesday, March 21, 2017 9:17:33 AM

Post# of 588837
BONZ .0042 filing out looks like they acquired 3 mining properties

http://www.otcmarkets.com/financialReportViewer?symbol=BONZ&id=168006

SUPPLEMENTAL INFORMATION Item 1.01 -Entry Material Agreement Aoteement to Acauirc Three Subsidiories Ownino Past Producina Mines On February 27, 2017, the Company entered into an Omnibus ExchanSe Agreement to acquire three subsidiaries by share exchange with Hondo Minerals Corp and the Bauman family: (1) Nevada coldfield LLc - from Hondo Minerals, {2) Golden Gem Mines LLc - from Hondo Minerals and the Bauman family and (3) Hercules Mines LLC - from the Bauman family. The Agreement is subject to customary closing conditions and provides for multiple closings. Nevada Goldfield ILC owns mineral riehts to the Montezuma Stonewall group of patented mining claims (60 acres) located 10 miles south ofGoldfield, Nevada. Golden Gem Mines ILC owns mineral rights to 242 acres of patented mining claims in and about Chloride, Arizona, which is 15 miles northwest of Kingman. This includes four (4) mines that produced gold, silver, lead and zinc. They are the Towne, Summit, Golden Gem and Daisy Twin Mines, Golden Gem Mines ILC also owns mineral rights to three unpatented mining claims at Oatman, Arizona, including the Tom Reed Jr. Mine, which was last worked by Fischer Watt in the 1980's. Hercules Mines LLC owns mineral rights to 250 acres of patented mining claims at chloride, Arizona, including four (4)minesthat produced gold, silver,lead and zinc. Theyare the Hercules, Badger, Rambler and Payroll Mines. In exchanSe for these three subsidiaries, Hondo Minerals Corporation will receive 40,000,000 restricted shares of Bonanza Goldfield common stock. These shares will be held bv Hondo for at least one year and then, following receipt of all necessary regulatory approvals, Hondo intends to distribute the shares to its shareholders as a specia I d istribution. The Bauman family willreceive 500,000 restricted sharesofSeries B Preferred Stock. These shares are non-dilutive, as they cannot be converted into common stock for a year, and then are convertible at 100% of market value at that time.

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