EXHIBIT 10.2
ASIA MAGNESIUM OWNERSHIP TRANSFER AGREEMENT
Party A: Xxxxx Xxxx (Transferor)
Party B: CAPITAL ONE RESOURCE CO., LTD (Transferee)
1. Party A shall transfer 100% shares of Asia Magnesium Co. Ltd to Party B at
zero cost;
2. After receiving 100% shares from Party A, Party B will issue and modify
company policy and related agreements as necessary.
3. Party B shall responsible for investing Shangxi Gu Country Jinwei
Magnesium Corp., Ltd. on behalf of Asia Magnesium;
4. Party A is entitled to his rights and liabilities in accordance to his
investor shares (incl. debits and other fees);
5. Party B should take all related credit, liability and expense of Asia
Magnesium's after receiving 100% shares of Asia Magnesium;
6. This agreement has three copies, one for each parties and the third one
will be delivered to Hong Kong Registration Department.
7. Closing shall occur on July 1, 2007
Party A: Xxxxx Xxxx (Transferor)
Signature: /s/ Xxxxx Xxxx
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Party B: CAPITAL ONE RESOURCE CO., LTD (Transferee)
Signature: /s/ Xxxxxxx Xxxxxx
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Signed date:April 3, 2007
