DEBT SETTLEMENT AND RELEASE AGREEMENTDebt Settlement and Release Agreement • August 16th, 2010 • Golden Phoenix Minerals Inc • Metal mining
This Debt Settlement and Release Agreement (the “Agreement”) is made effective as of April 2, 2010, by and between Golden Phoenix Minerals, Inc., a Nevada corporation (the “Company”) and Robert P. Martin, an individual (the “Debt Holder”).
FIRST AMENDMENT TO SECURITY AGREEMENTSecurity Agreement • August 16th, 2010 • Golden Phoenix Minerals Inc • Metal mining
THIS FIRST AMENDMENT SECURITY AGREEMENT (this “Amendment”), is dated as of April 15, 2010, by and among Win-Eldrich Gold, Inc., a Nevada corporation (“WEG”), Ashdown Project, LLC, a Nevada limited liability company (the “LLC” together with WEG, the “Debtors”) and Golden Phoenix Minerals, Inc. a Nevada corporation (“Secured Party”).
EARL HARRISON SETTLEMENT AGREEMENTSettlement Agreement • August 16th, 2010 • Golden Phoenix Minerals Inc • Metal mining
This Settlement Agreement is made and entered into effective as of April 9, 2010, by and between Earl Harrison a Nevada Individual, Golden Phoenix Minerals, Inc. a Nevada corporation and Win-Eldrich Gold, Inc. a Nevada Corporation.
MEMBERSHIP INTEREST PURCHASE AGREEMENT by and among GOLDEN PHOENIX MINERALS, INC., a Nevada corporation, Kenneth Ripley, individually and David S. Pearl II, individually Dated April 15, 2010Membership Interest Purchase Agreement • August 16th, 2010 • Golden Phoenix Minerals Inc • Metal mining • Nevada
Golden Phoenix Minerals, Inc. April 16, 2010 Mhakari Gold (Nevada) Inc. c/o Mhakari Gold Corp. Toronto, Ontario M4S 1G7 Attention: Sheldon Davis, PresidentLetter of Intent • August 16th, 2010 • Golden Phoenix Minerals Inc • Metal mining
This correspondence is a letter of intent forming the basis of our understanding with respect to the proposed purchase (the "Acquisition") by Golden Phoenix Minerals, Inc. (the "Purchaser") of an undivided 80% interest in those mineral properties (the "Mhakari Vanderbilt Properties") owned or over which an exclusive option is held by Mhakari Gold (Nevada) Inc. (the "Vendor"), as more particularly described at Schedule "A" (the "Purchased Assets"). The proposed purchase contemplated hereby is contingent on the parties concurrently completing the purchase and sale of an 80% interest in the "Mhakari Claims Excluding Vanderbilt", as more particularly described in a letter of intent date the date hereof entered into between the Purchaser and the Vendor.
PROMISSORY NOTE MODIFICATION AGREEMENTPromissory Note Modification Agreement • August 16th, 2010 • Golden Phoenix Minerals Inc • Metal mining
Golden Phoenix Minerals, Inc. April 16, 2010 Mhakari Gold (Nevada) Inc. c/o Mhakari Gold Corp. Toronto, Ontario M4S 1G7 Attention: Sheldon Davis, President Re: Offer to Acquire Mineral InterestsLetter of Intent • August 16th, 2010 • Golden Phoenix Minerals Inc • Metal mining
This correspondence is a letter of intent forming the basis of our understanding with respect to the proposed option (the "Acquisition") by Golden Phoenix Minerals, Inc. (the "Optionee") of an undivided 80% interest in those mineral properties (the "Mhakari Nevada Properties excluding Vanderbilt Mine") owned or over which an exclusive option is held by Mhakari Gold (Nevada) Inc. (the "Optionor"), as more particularly described at Schedule "A" (the "Optioned Assets"). In addition to those terms and conditions described below, the proposed purchase contemplated hereby is contingent on (A) receiving "an area of interest waiver" from Scorpio Gold in form and substance satisfactory to the Optionee and the Optionor, and (B) the parties concurrently completing the purchase and sale of an 80% interest in the "Mhakari Vanderbilt Properties", as more particularly described in a letter of intent date the date hereof entered into between the Optionee and the Optionor.
