Mining Joint Venture AgreementMining Joint Venture Agreement • November 12th, 2021
Contract Type FiledNovember 12th, 2021TABLE OF CONTENTS Particulars: Bokney Project Joint Venture 1 1 Definitions and interpretation 2 1.1 Definitions 2 1.2 Interpretation 13 2 Condition precedent 14 2.1 Coming into effect of agreement 14 2.2 Satisfaction of Condition Precedent 14 2.3 Failure to satisfy Condition Precedent 14 2.4 Consequence of failure to satisfy Condition Precedent 14 3 Joint Venture objectives and relationships 14 3.1 Joint Venture agreement 14 3.2 Objects and scope of the Joint Venture 14 3.3 Development and Mining of the Bokney Deposit 15 3.4 Development and Mining of a Phosphate Deposit 16 3.5 Development and Mining of any Other Deposit 18 3.6 Rights, obligations and liabilities of Joint Venturers 18 3.7 Joint Venturer covenants 18 3.8 Party warranties 19 4 Joint Venture Property 19 4.1 Joint Venture Interests 19 4.2 Use and ownership of Joint Venture Property 20 4.3 Delivery and sale of Products 20 4.4 Joint Venture Intellectual Property 20 4.5 No partition of Joint Venture Property 21 4.6 Perpetuity