ASSET PURCHASE AGREEMENT by and among TIMMINS GOLD CORP. MOLIMENTALES DEL NOROESTE, S.A. de C.V. and CANDELARIA MINING CORP. and GRUPO MINERO CANDELARIA SAPI DE CV dated as of May 11, 2016Asset Purchase Agreement • May 17th, 2016 • Timmins Gold Corp. • Gold and silver ores • British Columbia
Contract Type FiledMay 17th, 2016 Company Industry JurisdictionThis Asset Purchase Agreement (this “Agreement”), dated as of May 11, 2016 is entered into by and among TIMMINS GOLD CORP., a corporation organized under the Laws of British Columbia (“Timmins”), MOLIMENTALES DEL NOROESTE, S.A. de C.V., a variable capital company organized under the Laws of Mexico, (“Seller”), CANDELARIA MINING CORP., a company organized under the Laws of British Columbia (“Candelaria”) and GRUPO MINERO CANDELARIA, S.A.P.I. de C.V., a variable capital company organized under the Laws of Mexico (“Grupo Minero” and collectively with Candelaria the “Buyers” and each a “Buyer”).