Mag Mile Capital Inc (MMCP)

[inti23]

BUSINESS AND FINANCIAL CONSULTING AGREEMENT WITH LINH THANH GROUP
Effective April 26, 2010 the Company signed an agreement with Linh Thanh Group Joint Stock Company, a Vietnam-based company, to take a majority-owned subsidiary of Linh Thanh Group, Linh Thanh Quang Binh Exploiting and Processing High Calcium Carbonate Powder Joint Stock Company (“LTQB”), public in the U.S. via a reverse merge, stock swap, or business combination with a U.S. publicly traded company. In exchange for the services rendered, the Company would receive compensation in cash from Linh Thanh Group and common stock of the combined company. The Stock Swap Agreement between LTQB and Vietnam Mining Corporation, the U.S. public company, was closed on June 28, 2010. As a result of the completion of this transaction, the Company received 1,500,000 shares of common stock of Vietnam Mining Corporation on August 08, 2010. The balance of 246,500 shares was issued to the Company on October 4, 2010 and recorded as account receivable as of September 30, 2010.
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