Ref.: Offer of Credit Facility AgreementCredit Facility Agreement • August 28th, 2013
Contract Type FiledAugust 28th, 2013We are writing to you in my capacity as President of Minera IRL Patagonia S.A. and Shareholders of the Company, in order to present you by these presents, the following Offer (pursuant to the definition set forth in Exhibit I attached hereto). The Offer consists in making available for the Debtor (pursuant to the definition set forth in Exhibit I attached hereto) a Credit Facility (pursuant to the definition set forth in Exhibit I attached hereto) by Compañía Inversora en Minas S.A., subject to the compliance of certain Precedent Conditions (pursuant to the definition set forth in Exhibit I attached hereto), for an amount of U$S 35,000,000 (thirty-five million United States dollars). In case the Offer is accepted by You, the Agreement (pursuant to the definition set forth in Exhibit I attached hereto) shall be ruled according to the terms and conditions set forth in Exhibit I attached to the Offer.