1
EXHIBIT 3.2
[ACHIEVA DEVELOPMENT LETTERHEAD]
TO: XXX XXXXX
FROM: XXX XXXXX DATE: SEPTEMBER 14/98
VIA FAX: 000 000-0000
Xxx:
To confirm our agreement, Whereby Achieva will finance you to the sum of
$7,500US to stake a minimum of six square miles in the area of the Poco find, as
agreed the funds will be transferred this morning to your bank account. Please
confirm by return to FAX 000-000-0000 that these instructions are correct:
Xxxxx Xxxxx
National Bank-Alaska
Account No. 1101720506
The Agreement, as I understand it, is that Achieva and yourself will own 50%
each.
I would also like to suggest that we both have the right of first refusal on any
sale.
On your return to Vancouver Xxx, it would be my hope that you can produce a
write-up for the VSE for the property.
AGREED Sept 14/98
/s/ Xxxxx Xxxxx
MEMO TO: XXXXX XXXXX, PRESIDENT FAX 604,000-0000 VANCOUVER
FROM: XXXXX XXXXX, GEOLOGIST FAX 907,000-0000 FAIRBANKS
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MEMO TO: THE DIRECTORS
ACHIEVA DEVELOPMENT CORPORATION
FROM: XXXXX XXXXX, GEOLOGIST
DATE: OCT 15/98
SUBJECT: STAKING PROJECT-BIG DELTA, ALASKA
GENTLEMEN:
THIS IS TO ACKNOWLEDGE RECEIPT OF US$5000-OCT 15/98. TOTAL RECEIVED TO OCT 15/98
RE: STAKING PROGRAM $17,500 US THIS IS TO ACKNOWLEDGE PAYMENT RECEIVED IN FULL
FOR 50% INTEREST IN 2x6 Mi2 PROSPECTOR LEASES THAT HAVE BEEN LOCATED ON THE XXXX
XX. FAULT BY XXXXX XXXXXXX AND ASSOCIATE, CURRENTLY BEING RECORDED. BALANCE OF
LEASES THAT HAVE BEEN STAKED ADJACENT WITH RESPECT TO THE AUTHORIZED PROGRAM =
2x6 Mi2 BALANCE OF PAYMENTS DUE WITH RESPECT TO THE AUTHORIZED PROGRAM TO DEC
15/98 = US$20,000
THANKS
ON BEHALF OF XXXXX XXXXX, GEOLOGIST /s/ Xxxxx Xxxxx
AND XXXXX XXXXXXX-CLAIM XXXXXX
THIS IS TO CONFIRM THAT THE US$5000 PAYMENTS BE MADE AS FOLLOWS.
1 US$4000 BANK DRAFT IN THE NAME OF XXXXX XXXXXXX
2 US$1000 CASH TO XXXXX XXXXX
/s/ JS
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Oct 2/98
TO XXXXX XXXXXXX AND XXX XXXXX
PROPERTY - 50% INTEREST IN 3 CONTIGUOUS BLOCKS- PROSPECTORS LEASES ON XXXX XX.,
BIG DELTA QUADRANGLE, ALASKA. TO BE STAKED.
PAYMENT SCHEDULE
OCT 2/98 - $ 5000 US
OCT 15/98 "
NOV 1/98 "
NOV 15/98 "
DEC 1/98 "
DEC 15/98 "
FIRST RIGHT OF REFUSAL ON SALE OF XXXXX XXXXXXX INTEREST
PER ACHIEVA
/s/ Xxxxx Xxxxxxxxx
XXXXX XXXXXXXXX SIGNED
[SEAL] XXX XXXXX /s/ X Xxxxx
/s/ Xxxxxx Xxxxxx
XXXXXX XXXXXX ON BEHALF OF BOTH PART
XXXXX AND XXXXXXX
SIGNATURE WITNESSED /s/