LETTER OF INTENTIONLetter of Intention • August 15th, 2003 • Sola Resource Corp • Oil & gas field exploration services
This binding letter agreement confirms the intention of the parties regarding the acquisition, by Techsite Strategies Corp. (“Techsite”), of certain Mineral Property Option Agreements (the “Option Agreements”), presently held by Frontier Resources Ltd. (“Frontier”), which agreements evidence the ownership of certain mineral claims located in the Shinyanga Mining District of Tanzania and cover approximately 500 square kilometers (the “Properties”).
