Common Contracts

GOLD LOAN SETTLEMENT AGREEMENT

Loan Settlement Agreement • May 29th, 2017 • Quebec

• Contract Type
  Loan Settlement Agreement
• Filed
  May 29th, 2017
• Jurisdiction
  Quebec

BETWEEN: AUXICO RESOURCES CANADAINC., a company duly incorporated under the Canada Business Corporation Act, having its principal place of business located at 230 rue Notre-Dame West Montreal (Quebec) H2Y 1T3 Canada, represented by its President, Mr. Mark Billings, duly authorized as he so declares; (“Auxico Canada”). AND AUXICO RESOURCES S.A DEC.V., a Mexican company with a registered address at Av. Carlos Canseco, No. 6052, Local 215, Plaza Nautica, Marina Mazatlan,C.P. 82103, Mazatlan, Sinaloa,Mexico (“Auxico Mexico”) (Auxico Mexico and Auxico Canada collectively referred to as the “Borrowers”) AND: MARIA NAYVALT, of Bergstrasse 44, CH-8700 – Kuesnacht, ZH,Switzerland (the “Lender”) AND GENCAP INC., a company duly incorporated under the Business Corporation Act (Quebec), having its principal place of business located at 6150 avenue du Boisé, Suite 7D,Montreal, Quebec H3S 2V2, Canada represented by its President, Mr. Pierre