AMENDMENT TO OPTION AGREEMENT
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THIS AGREEMENT made as of the 28th day of December, 2001.
BETWEEN:
XXXXXXX X. XXXXXXXXXXX, of 0000 Xxxxx Xxxx,
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West Vancouver, British Columbia
(the "Optionor")
OF THE FIRST PART
AND:
XXXXXXX VENTURES CORP., of Suite 201,
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000 Xxxxx Xxxxxx Xxxxx, Xxxxxx, XX 00000
(the "Optionee")
OF THE SECOND PART
WHEREAS:
A. The parties entered into an option agreement dated April 6, 2001 (the
"Agreement");
B. The parties wish to amend the Agreement to extend certain dates for
completion of work programs on the Property.
NOW THEREFORE THIS AGREEMENT WITNESSES THAT in consideration of the mutual
covenants and conditions herein contained and in consideration of the sum of
$1000.00 US paid by the Optionee to the Optionor (the receipt of which is hereby
acknowledged) the parties have agreed and do hereby agree as follows:
1. The Agreement is hereby amended by deleting paragraph 4(b)(ii) and
replacing it with the following:
4.(b)(ii) incurring Exploration Expenditures of up to $115,000 US on the
Property as follows:
(A) $5,000 US on or before June 30, 2002;
2
(B) a further $10,000 US on or before June 30, 2003; and
(C) a further $100,000 US on or before June 30, 2004.
2. The Agreement is deemed to have been amended as of the day and year
first above written and, in all other respects, save and except as herein
provided, the Agreement is hereby confirmed.
3. This Agreement may be executed in counterparts which together shall
form one and the same instrument.
IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day
and year first above written.
SIGNED, SEALED AND )
DELIVERED BY )
XXXXXXX X. XXXXXXXXXXX )
in the presence of: )
)
/s/ Xxxxx Xxxxxx )
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Signature )
)
Xxxxx Xxxxxx ) /s/ Xxxxxxx X. Xxxxxxxxxxx
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Name ) Xxxxxxx X. Xxxxxxxxxxx
)
000-000 Xxxxxxxxx Xx. )
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Address )
)
Xxx. XX X0X 0X0 )
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THE COMMON SEAL OF )
XXXXXXX VENTURES CORP. )
was hereunto affixed )
in the presence of: )
)
)
) c/s
)
/s/ Xxxxxx Xxx Xxxxxxxxx )
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Authorized Signatory
