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EXHIBIT 10(XIX)
ADDENDUM AGREEMENT
This Addendum Agreement (hereinafter referred to as "AA") is made and entered
into on this 26th day of January, 1997 by and between:
1. MAXWELLS ENERGY & METALS TECHNOLOGY LTD. (hereinafter referred to
as "MAXWELLS"), a corporation organized under the laws of the
Commonwealth of the Bahamas, and having registered offices in the
Bahamas and representative offices in Singapore, and is represented in
this AA by its President Director, Xxxxxxx Xxxx; and
2. NEVADA MANHATTAN MINING INC. (hereinafter referred to as
"NEVADA"), a corporation organized under the laws of the state of
Nevada, and having offices at 0000 Xxxxx Xxxxxxx Xxxxxxxxx, Xxxxx
000, Xxxxxxxxx, XX 00000, and is represented in this AA by its
Chairman/CEO, Xxxxxxxxxxx Xxxxxxxx.
Whereas Maxwells and Nevada entered into a Principles of Agreement in August
1996 for the development, exploration, and exploitation of a 10,000 hectare gold
concession in Kalimantan, Indonesia.
Per the terms of said Agreement, the Parties agreed that Maxwells may substitute
a like gold concession mutually acceptable by both Parties. Under the terms of
this AA, the Parties hereby agree to substitute the 10,000 hectare concession
(known as the "Abubakar Property") with a new 16,000 hectare concession in East
Kalimantan (known as the "Sopang Property") and all other terms and conditions
remain the same.
The execution of this AA is legal and binding on all Parties, and this AA is
ratified by the Board of Directors of both corporations.
Executed in South Hampton, Bermuda on this 26th day of January, 1997
by:
SIGNATORIES
Nevada Manhattan Mining Inc. Maxwells Energy &
Metals Technology Ltd.
/s/ /s/
Xxxxx Xxxxxxxx Xxxxxxx Xxxx
Chairman & CEO President Director