EXTENSION OF CONTRACT TO PURCHASE MINING PROPERTY
This is an agreement to Amend/Extend that Contract to Buy and Sell Real Estate
dated November 18, l998 between ORA Management, L.L.C. (referred to herein as
Buyer) and Nugget Exploration, Inc. (referred to herein as seller) (a copy of
which is attached hereto and incorporated by this reference into the body of
this document as if fully set forth herein) pertaining to the property described
as 1711.98 Acres Described Under Attachment "A" in Fremont County, Wyoming.
A. EXTENSIONS AND AMENDMENTS
All dates set forth in that Contract to Buy and Sell Real estate shall remain
the same except:
Closing may be extended to April 30, l999 with the following conditions:
That an additional cash down payment of Ten Thousand Dollars ($10,000.00) shall
be deposited to the escrow account held by Sothebys International Realty for
each calendar month that occurs before closing. That is, there shall be a
deposit of Ten Thousand Dollars ($10,000.00) for the month of February made by
Tuesday February 23, 1999, a like deposit for the month of March made by
Wednesday, March 10, l999 and a like deposit for the month of April made by
Monday April 12, l999. These deposits shall be nonrefundable, but will, along
with the original escrow deposit of $5,000.00 (Five Thousand Dollars), accrue to
the purchase price of Seven Hundred Thousand Dollars ($700,000.00) which shall
be paid at the time of closing.
All other terms and conditions of that Contract to Buy and Sell Real Estate
shall remain the same.
This agreement has been executed in multiple copies and my signature
acknowledges my consent and agreement to the terms hereof and that I received a
signed copy at the time of signing.
All representations made in the negotiations of this sale have been incorporated
herein. There are no verbal agreements between Buyer and Seller and or any
Broker to modify terms and conditions.
/s/ ORA Management, L.L.C. 2/15/99
Buyer ORA Management, L.L.C. Date
/s/ Xxxx Xxxx
By: Xxxx Xxxx
/s/ Nugget Exploration, Inc. 2/15/99
Seller Nugget Exploration, Inc. Date
/s/ Xxxx X. XxxXxxxx
By: Xxxx X. XxxXxxxx
