EQUIPMENT PURCHASE AGREEMENT AND BILL OF SALE
Exhibit
10.1
EQUIPMENT
PURCHASE AGREEMENT AND XXXX OF SALE
This
Agreement made this 1st day
of December, 2009 by and between Mexus Gold U.S. and Mexus Gold International,
Inc. Whereas Mexus gold International, Inc. owns certain equipment and wishes to
sell the equipment to Mexus Gold U.S. and Mexus Gold U.S. wishes to buy the
equipment for the consideration and on the terms and conditions set forth in
this agreement.
In
consideration of the mutual covenants and agreements hereinafter set forth, and
for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, Mexus Gold U.S. and Mexus Gold International, Inc.
agree as follows:
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1.
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Mexus
Gold U.S. agrees to purchase from Mexus Gold International, Inc. and Mexus
Gold International, Inc. agrees to sell to Mexus Gold U.S. the mining
equipment described as follows:
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Equipment
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Serial
Number
|
Price
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Shares
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|||
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Komatsu
Dozer Drill
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0XXXXX0X0XX000000
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$40,000
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4,000,000
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|||
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Cone
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CONEP282S11709
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$220,000
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22,000,000
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|||
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Jaw
Crusher
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JAW
P12X361209
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$80,000
|
8,000,000
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|||
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Serge
Tank
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PSTF96144
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$30,000
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3,000,000
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|||
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Hydraulic
Drum
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HYDS12YD
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$30,000
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3,000,000
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|||
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40,000,000
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2.
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The
purchase price payable by Mexus Gold U.S. for the mining equipment shall
be as set forth in paragraph No. 1 above and shall be paid with 40,000,000
restricted shares of common stock of Mexus Gold
U.S.
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3.
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Mexus
Gold International, Inc. grants, bargains, sells, assigns, transfers,
conveys, and sets over to Mexus Gold U.S. the equipment described in
Paragraph No. 1 above, without warranties whatsoever and Mexus Gold U.S.
accepts the equipment in an “as is, where is”
condition.
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4.
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This
Agreement constitutes the entire agreement between Mexus Gold U.S. and
Mexus Gold International, Inc. and except as herein stated and in the
instruments and documents to be executed and delivered pursuant hereto,
contains all of the representations and warranties of the respective
parties. There are no oral representations or warranties of any
kind or nature between Mexus Gold U.S. and Mexus Gold International,
Inc.
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5.
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This
Agreement shall be governed by and construed in accordance with the laws
of the State of Nevada and shall enure to the benefit of and be binding on
the parties hereto and their respective successors and
assigns.
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In
Witness whereof the parties hereto have executed this Agreement as of the date
first above mentioned.
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Mexus
Gold U.S.
/s/
Xxxx X. Xxxxxxxx
____________________________________
Xxxx
X. Xxxxxxxx
President
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Mexus
Gold International, Inc.
/s/
Xxxx X. Xxxxxxxx
______________________________________
Xxxx
X. Xxxxxxxx
President
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