0001096906-11-000313 Sample Contracts

NOTICE OF CONVERSION AND SETTLEMENT OF PROMISSORY NOTE
Promissory Note • February 16th, 2011 • Golden Phoenix Minerals Inc • Metal mining • Nevada

This Notice of Conversion and Settlement of Promissory Note Agreement (the “Agreement”) is effective as of the 9th day of February 2011, by and between DAVID A. CALDWELL, an individual, and GOLDEN PHOENIX MINERALS, INC., a Nevada corporation (the “Company”). The parties hereto may be referred to individually as a “Party” or collectively as the “Parties.”

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