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MINERAL PROPERTY PURCHASE AGREEMENT
AMENDMENT TO AGREEMENT DATED JULY 3, 2003
THIS AGREEMENT dated for reference January 24, 2005.
BETWEEN:
XXXXX XXXXXX, 00000 000XX Xxxxxx X.X., Xxxxxxxx, Xxxxxxx,
X0X 0X0;
(the "Vendor")
OF THE FIRST PART
AND:
BROOKMOUNT EXPLORATION INC., a body corporate, duly
incorporated under the laws of the State of Nevada and having
its head office at 1400 - 000 Xxxxxxx Xxxxxx, Xxxxxxxxx,
Xxxxxxx Xxxxxxxx, X0X 0X0;
("Brookmount")
OF THE SECOND PART
W H E R E A S :
A. By an agreement dated July 3, 2003, the Vendor agreed to sell
a 100% interest in the Ahui Grande mineral property to Brookmount;
B. Due to fluctuations in the exchange rate between Canadian
and United States dollars, the Vendor and Brookmount have agreed to amend the
Agreement upon the terms located in Ahuigrande Parish, Comas District,
Xxxxxxxxxx Province of the Department of Junin, Peru which property is more
particularly described in Schedule "A" attached hereto which forms a material
part hereof (collectively, the "Concessions");
B. The Vendor has agreed to sell and Brookmount has agreed to
purchase a 100% right, interest and title in and to the Concessions upon the
terms and conditions hereinafter set forth;
NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration
of the mutual covenants and provisos herein contained, THE PARTIES HERETO AGREE
AS FOLLOWS:
as set forth below;
2
NOW THEREFORE IN CONSIDERATION of the payment of TEN DOLLARS
($10.00) by each party to the other, the receipt and sufficiency of which is
hereby acknowledged, and other good and valuable consideration, including the
premises, mutual covenants and agreements herein contained, the parties hereto
agree to amend the Agreement as follows:
1. Paragraph 3 of the Agreement be and is hereby deleted in their
entirety and replaced with the following:
"3. SALE OF CONCESSIONS
The Vendor hereby sells, grants and devises to
Brookmount a 100% undivided right, title and interest in and to the
Concessions in consideration of Brookmount paying $22,500 to the Vendor
and issuing 5,000,000 shares of restricted common stock in its capital
to the individuals listed in Schedule "B" to this Agreement upon
closing of this Agreement."
2. Paragraph 4.1 and 4.2 of the Agreement be and are hereby
deleted in their entirety and replaced with the following:
"4.1 The sale and purchase of the interest in the Concessions shall
be closed at 10:00 A.M. on February 2, 2005 at the offices of
Xxxxxxx X. Xxxxx Law Corporation, 200 - 675 West Hastings
Street, Vancouver, British Columbia, or such other place and
time acceptable to both parties (the "Closing").
4.2 At Closing, Brookmount shall be obligated to deliver to the
Vendor certificates representing 5,000,000 shares of
restricted common stock in its capital registered in
accordance with Schedule "B" hereto and a cheque for $22,500."
3. Schedule B of the Agreement be and is hereby deleted in their
entirety and replaced with the following:
SCHEDULE "B"
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Brookmount Explorations Inc. shall issue the 5,000,000 shares of restricted
common stock in its capital in connection with its purchase of the Concessions
as follows:
Name of Shareholder Number of Shares
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Xxxxx Xxxxxx 2,900,000
Zaf Sungur 1,050,000
Xxxxxx Xxxxxxxxx 1,050,000
4. All of the terms and conditions of the Agreement, except as
amended or modified hereby, remain in full force and effect.
3
IN WITNESS WHEREOF this Agreement has been executed as of the day and year
first above written.
BROOKMOUNT EXPLORATIONS INC.
PER:
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XXXXX XXXXXX Authorized Signatory
