PROMISSORY NOTEPromissory Note • February 28th, 2007 • Texada Ventures Inc • Metal mining
Contract Type FiledFebruary 28th, 2007 Company IndustryTexada Ventures Inc. (Borrower) and IFG Trust Services Inc. (Lender), agree as follows: Borrower promises to pay to the order of Lender the amount of Fifty Thousand Dollars ($50,000), together with interest on the principal amount of this promissory note (“the Note”) from time to time outstanding from February 15, 2007 until paid at the rate 8% per annum, computed on the basis of actual days elapsed and a year of 365 days.