ADDENDUM TO THE ASSET PURCHASE AND SHARE EXCHANGE AGREEMENT (The “Agreement”) Dated the 12th day of December, 2009.
ADDENDUM TO THE
ASSET PURCHASE AND SHARE EXCHANGE AGREEMENT
(The
“Agreement”)
Dated the 12th day of December, 2009.
BETWEEN:
VELOCITY RESOURCES CANADA LTD. a Company incorporated pursuant to the laws of the Province of Alberta, whose address is Xxxxx 000, 00000 000 Xxx. Xxxxxxxx, Xxxxxxx X0X 0X0
(Hereinafter “VRCL”) OF THE FIRST PART
AND:
Golden Global Corp. a Corporation to be registered in the State of Nevada whose immediate address is Xxxxx 0000, 000-0xx Xxxxxx XX, Xxxxxxx, Xxxxxxx, X0X 0X0.
(Hereinafter “GLOBAL”) OF THE SECOND PART
WHEREAS:
| A. |
Global has established a wholly owned Canadian subsidiary named “Golden Global Mining Corporation”, registered in the Province of Alberta; | |
| B. |
Both VRCL and Golden agree to add to or amend the Agreement as follows: |
NOW THEREFORE THIS AGREEMENT WITNESSES that for and in consideration of the mutual covenants and agreements contained herein, the parties covenant and agreements contained herein, the parties covenant and agree each with the other as follows:
| 1) |
The Assets in Schedule “A” shall be transferred to Golden Global Mining Corporation. | |
| 2) |
The transaction value for the Equipment shall be $173,841 CAD. The transaction value for the two mining properties shall be $1 CAD each for a total of $173,843 CAD. | |
| 3) |
In consideration, Global agrees to issue 18,000,000 shares of Global to VRCL or its nominees. |
Dated this 12th day of December, 2009
| /s/ Xxxx Hope | /s/ Xxxx Xxxx | |
| VRCL | GLOBAL |
