FORBEARANCE AND AMENDMENT AGREEMENTForbearance and Amendment Agreement • March 3rd, 2005 • XLR Medical Corp. • Gold and silver ores • British Columbia
WHEREAS the Borrower is indebted to the Lender in the principal amount of $580,000 (U.S.), together with interest (the “Indebtedness”) pursuant to the terms of the Loan Agreement dated March 8, 2004 (the “Loan Agreement”);
GUARANTEEGuarantee • March 3rd, 2005 • XLR Medical Corp. • Gold and silver ores • British Columbia
This Guarantee dated as of March 8, 2004 made by TSI MEDICAL CORP. (the “Guarantor”) to and in favour of THE CHARLES F. WHITE CORPORATION (the “Lender”) as lender under the Loan Agreement hereinafter referred to.
LOAN AGREEMENTLoan Agreement • March 3rd, 2005 • XLR Medical Corp. • Gold and silver ores • British Columbia
689158 B.C. Ltd., c/o O’Neill & Taylor Law Corporation Barrister and Solicitors Suite 1880 – 1055 West Georgia Street Box 11122 Vancouver, British Columbia V6E 3P3
