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Replies to post #598 on Onassis Holdings Corp. (ONSS)
On May 19, 2018, Bonanza Goldfields Corp. (“BONZ” or the “Company”) entered into a new Share Exchange Agreement with Middle Verde Development Co., LLC (“Middle Verde”), Clark Gold & Copper, Inc. (“Clark Gold”), Clark Copper Mines, LLC (“Clark Copper”) and four members of the Bauman Family to acquire Hercules Mines, LLC (“Hercules”) and Golden Gem Mines, LLC (“Golden Gem”). Hercules has an option to acquire the Hercules, Badger, Rambler and Payroll Mines. Golden Gem has an option to acquire the Golden Gem, O’Brien, Columbus, Daisy Twins, Summit and Towne Mines. That is a total of ten (1) mines in and about Chloride, Arizona. The new Share Exchange Agreement replaces a previous agreement that was terminated during March, 2018. Under the new Share Exchange Agreement, BONZ will acquire Hercules and Golden Gem in exchange for 240,000 shares of BONZ Series B Preferred Stock. This Agreement is subject to customary closing conditions.
This Share Exchange Agreement, dated as of May 24, 2018, (this “Agreement”) by and between Riverbrook Industries Corp., an Arizona limited liability company having an address of 6440 Sky Pointe Dr., Ste 140-412, Las Vegas, NV 89131 (“Riverbrook”) and Onassis Mining Group, Inc., a Nevada corporation having an address of 6440 Sky Pointe Dr., Ste 140-149, Las Vegas, NV 89131 (“ONSS”). For purposes of this Agreement Riverbrook and ONSS are sometimes collectively referred to as the “Parties” and individually as a “Party.”WHEREAS, Riverbrook is the owner of one hundred (100) shares of Peaceful Ocean LLC (“Peaceful Ocean”), a Nevada limited liability company, which are all of the issued and outstanding shares of Peaceful Ocean. Peaceful Ocean has an option to purchase approximately 66 acres of patented mining claims and real estate known as “Tuxedo Park” and located in and adjacent to the Chloride Townsite in the Wallapai Mining District, Mohave County, Arizona; and
