AGREEMENT
AGREEMENT
This AGREEMENT (the “Agreement”) is
made as of the 4th day of
March, 2009, by and between:
Xxxxxxx Xxxxxxx, a businessman
having an address for notice and delivery located at Xx. Xxxxxxxx 000, Xxxxxxx,
Xxxx, Xxxx
(the “Seller”)
And
Xxxxx Xxxxxxxx, a businessman
having an address for notice and delivery located at 0000 Xxxxxxxx Xxxx X.,
Xxxxx Xxxxx, XX 00000
(the "Purchaser").
FIRST, Seller is the owner of an
aggregate of 34,800,000 shares of common stock of Affinity Gold Corp., a Nevada
corporation (“Affinity”, or the “Company”).
SECOND,
Seller desires to
sell 1,000,000 shares (the “Shares”) of the 34,800,000 shares of common stock of
the Company registered to the Seller to the Purchaser on the terms and
conditions provided for in this Agreement.
THRID,
Purchaser desires to purchase the Shares from the Sellers on the terms and
conditions provided for in this Agreement.
The Seller hereby jointly and severally
represents and warrants to the Purchaser that to the best of the Seller’s
knowledge, with the intent that the Purchaser will rely on these representations
and warranties in entering into this Agreement, and in concluding the purchase
and sale contemplated by this Agreement, that:
(a) The
Company is a corporation duly organized, validly existing, and in good standing
under the laws of the state of Nevada, and is qualified in no other
state.
(b) The authorized capital
stock of the Company consists of 2,700,000,000 shares of common stock with a par
value of $0.001 per share and 10,000,000 shares of preferred stock with a par
value of $0.001 per share. As of the date of this Agreement,
64,500,000 common shares and nil preferred shares are validly issued and
outstanding, fully paid and non-assessable.
(c) The Company has the
corporate power and authority to carry on its business as presently
conducted.
The Purchaser hereby represents and
warrants to the Seller that to the best of the Purchaser’s knowledge, with the
intent that the Seller will rely on these representations and warranties in
entering into this Agreement, and in concluding the purchase and sale
contemplated by this Agreement, that:
(a) The undersigned
Purchaser understands that the SHARES HAVE NOT BEEN APPROVED OR DISAPPROVED BY
THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION OR ANY STATE OR FOREIGN
SECURITIES AGENCIES;
(b) The Purchaser is not an
underwriter and is acquiring the Seller’s Shares solely for investment for the
account of the Purchaser and not with a view to, or for, resale in connection
with any distribution within the meaning of the federal securities act, the
state securities acts or any other applicable laws;
(c) The Purchaser
understands the speculative nature and risks of investments associated with the
Company and confirms that the Shares are suitable and consistent with his
investment program and that his financial position enables him to bear the risks
of this investment;
5.07 Governing
Law. This Agreement and each of the documents contemplated by
or delivered under or in connection with this Agreement are governed exclusively
by, and are to be enforced, construed and interpreted exclusively in accordance
with the laws of the State of Nevada and the parties submit and attorn to the
jurisdiction of the courts of the State of Nevada.
5.08
Notices. All
notices, requests, demands, and other communications hereunder shall be in
writing and shall be deemed to have been duly given if delivered or mailed
(registered or certified mail, postage prepaid, return receipt requested) as
follows:
If to the
Seller: Xxxxxxx
Xxxxxxx
Xx.
Xxxxxxxx 000
Xxxxxxx, Xxxx, Xxxx
If to the
Purchaser:
Xxxxx Xxxxxxxx
0000 Xxxxxxxx Xxxx X.
Xxxxx
Xxxxx, XX 00000
[THE
REST OF THIS PAGE IS INTENTIONALLY LEFT BLANK]
5.11
Counterparts. This
Agreement may be executed simultaneously in several counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and
the same instrument. Facsimile signatures are acceptable and deemed
original signatures.
IN WITNESS WHEREOF, this
Agreement has been duly executed and delivered by the Seller and the Purchaser,
on the date first above written.
SELLER:
_/s/ Antonio
Rotundo___________
XXXXXXX
XXXXXXX
PURCHASER:
_/s/ Xxxxx
Sandberg____________
XXXXX
XXXXXXXX