BioPower Operations Corp (BOPO)

[WOOFERHEAD]

THIS JOINT VENTURE AGREEMENT is made the 5th day of May 2023.

https://www.otcmarkets.com/filing/html?id=16645579&guid=2QQ-kH1gJU_sB3h

Furthermore, the Company must now appoint Kip Harris, one of POWGEX’s officers, to its board of directors and James Waithaka, another of POWGEX’s officers, to its board of directors one year from the date of the Agreement. The Company will appoint one director and POWGEX will appoint two directors to the board of directors for the joint venture.

I am assuming date of agreement means 5th day of May 2023 puts us on 6th May 2024

HYFI Board: KIP HARRIS will be added to the BOPO Board of Directors at the time of execution of this Agreement. One year and one day from the execution of this Agreement, JAMES WAITHAKA will be added to the BOPO Board of Directors

"One year and one day from the execution of this Agreement," (A little different terminology???)

DEAL CONDITIONS


3.1. The parties agree and understand that this Agreement is conditional upon the following:


3.1.1. POWGEX provides HYFI all executed agreements listed in Schedule 1 within 30 business days of the Agreement’s execution date.


3.1.2. HYFI will arrange for an investment in POWGEX of not less than Six Million Dollars USD ($6,000,000) before fees and costs in the form of a note, loan or bond within 30 business days of this Agreement’s execution date according to a mutually agreed Term Sheet and Closing Date.


3.1.3. When the funds in 3.1.2 are received by POWGEX it will make a one Million Dollar USD ($1,000,000) loan to HYFI, repayable from the funds being raised and described in 3.1.4.


3.1.4. HYFI will arrange for an investment in POWGEX of not less than Four Hundred and Fifty Million Dollars USD ($450,000,000) before fees and costs in the form of a note, loan or bond within 90 business days of this contracts execution date according to a mutually agreed Term Sheet and Closing Date.

Hopefully we get filings Monday. Look to see if HYFI added Kip Harris & JAMES WAITHAKA to their Team. https://www.hyfi-corp.com/hyfi-team/

I suggest everybody read the 8K

GLTA

$BOPO BOPO $BOPO