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mndieck

03/27/12 12:43 PM

#6188 RE: jrlsss #6187

The letter is a binding agreement for the parties to proceed to a final document for the purchase by the Company of half of the 20% minority interest in the Chloride Copper Mine from the Medina Property Group, LLC, in exchange for a cash payment of $1,200,000 and 20 million shares of Class A Common Stock of the Company.

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thizsukz

03/27/12 1:55 PM

#6196 RE: jrlsss #6187

Would the TA have an exact date in which the shares were increased? If it was on the 19th, it would certainly be a reasonable assumption.