STOCK LOAN AGREEMENT
BY THIS AGREEMENT made and entered into as of the 28th day of June, 2001, Azco
Mining Inc., a Delaware corporation, whose address is 0000 Xxxxx Xx Xxxxxx Xxxx,
Xxxxxxxx, Xxxxxxx (hereinafter called "Lender"), for and in consideration of the
recitals and mutual promises contained herein, confirm and agree as follows:
GENERAL LOAN TERMS
I. Subject to the conditions herein set forth, Lender agrees to loan to
or for the benefit of Borrower, and Borrower agrees borrow, in the
manner and upon the terms and conditions set forth herein, 300,000
common share of Azco Mining Inc. stock (the Loan").
II. The Loan shall be unsecured.
III. In consideration of the Loan, Borrower shall return to Lender to total
of 390,000 common shares of Azco Mining Inc. stock (the Settlement").
IV. The Borrower at its expense will use its reasonable best efforts to
register the Settlement, as soon as possible, with the Securities and
Exchange Commission as free trading unlegended shares.
IN WITNESS WHEREOF, these presents are executed as of the date indicated
above.
BORROWER
AZCO MINING INC., a Delaware corporation
By:________________________________
Its:_______________________________
LENDER
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Xxxxx X. Bleak
