AMENDING AGREEMENT
This AMENDING AGREEMENT made as of the 9th day of February, 2000, to the
Assignment Agreement dated for reference July 20, 1999, and to the Option
Agreement dated for reference July 20, 1999,
BETWEEN:
XXXXX XXXXXX, a Mining Engineer, of 0000 - 00' Xxxxxx, Xxxxx, Xxxxxxx Xxxxxxxx,
X0X 0X0
("Diakow")
AND:
QUILCHENA RESOURCES, INC., a Nevada company of 101 West I " Avenue Street,
Vancouver, British Columbia, V5 Y I H9
("Quilchena")
WHEREAS:
A. by an Option Agreement dated for reference July 20, 1999, Diakow granted
Wet Coast Capital Corporation an option to acquire a 100% interest in the
Property in partial consideration of completing the recommended work program
within 12 months of the Option Agreement;
B. by an Assignment Agreement made between Wet Coast Capital Corporation and
Quilchena dated for reference July 20, 1999, Wet Coast Capital Corporation
assigned its entire interest in the Option Agreement to Quilchena in partial
consideration for agreeing to finance the work program on the Property referred
to in the paragraph 3(a) of the Option Agreement;
C. the parties wish to amend the Option Agreement pursuant to the terms and
conditions of this Agreement;
IN CONSIDERATION of the recitals and valuable consideration, the receipt and
sufficiency of which are acknowledged, the parties agree that:
1. The Option Agreement is amended by deleting the phrase "within 12 months
of the date of this agreement" found in Section 3(a) and replacing it with the
phrase "on or before December 31, 2000".
2. The Option Agreement and the Assignment Agreement will be read and
construed together with this Agreement, and both the Option Agreement and the
Assignment Agreement will remain in full force and effect.
3 . In the event of any inconsistencies between this Agreement and either
the Option Agreement or the Assignment Agreement, this Agreement shall govern.
4. All terms, conditions, covenants, agreements, benefits and obligations
contained in the Option Agreement and in the Assignment Agreement, as amended
hereby, shall be binding upon and enure to the benefit of the parties hereto and
their respective successors and assigns.
THE PARTIES' SIGNATURES below are evidence of their agreement.
SIGNED, SEALED and DELIVERED by )
Xxxxx Xxxxxx in the presence of: )
)
"X.X. XXXXXXXXX" ) "X.X. Xxxxxx"
) ---------------------
Signature of Witness ) XXXXX XXXXXX
XXXX XXXXXXXXX )
0xx Xxxxx, 0000 Xxxxxxxxx Xxxxxx )
Xxxxxxxxx, X.X. X0X 0X0 )
Tel: (000) 000-0000 )
Address )
THE CORPORATE SEAL OF )
QUILCHENA RESOURCES, INC. )
was hereunto affixed in )
the presence of: )
)
) (SEAL)
Authorized Signatory )
