Finder’s Fee Agreement Between Lake Victoria Mining Company And Robert A. Young/The RAYA Group
Exhibit 10.1
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Attn: Xxxxx Xxxxxxxx/Xxxxx Xxxxxxxx
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January 4, 2010
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Lake Victoria Mining Company
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West Vancouver
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T: 000-000-0000
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Between Lake Victoria Mining Company And
Xxxxxx X. Xxxxx/The XXXX Group
Dear Xxxxx and Xxxxx:
Further to our previous meeting and subsequent discussions over the phone, we wish to register for a finder’s fee, if any of our prospects invests in a private placement/joint venture etc. with Lake Victoria Mining Company or spin off companies managed by the present management team.
Our fee is to be paid in full at the time of the closing and paid to the RAYA Group in shares and/or cash (our choice). This registration for a finder’s fee is for a five-year period from the date of this document. The first group we wish to register is Sheikh Xxxxxxxx Xxxxxxx Xxx Xx-Xxxxxx/his advisor Xxxxx Xxxxxxxx or their assigns. The Sheikh normally does business through Corral Petroleum or MIDROC (Xxxxxxxx International Development Research and Organization Companies. For further information on the Sheikh, just Google in his name.
The fee we charge re this introduction will be 10% for the first $10 million US and 5% commission for amounts larger than $10 million USD for the gross proceeds. The fee would be due and payable upon closing of the financing.
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As Agreed By
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As Agreed By
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Date: January 4, 2010
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Date: January 4, 2010
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XXXXXX X. XXXXX
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XXXXX XXXXXXXX
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Xxxxxx X. Xxxxx
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Xxxxx Xxxxxxxx, Director
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The RAYA Group
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Lake Victoria Mining Company
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cc: Xxxxxxxx Xxxxxxx
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