PRE-ACQUISITION AGREEMENTAcquisition Agreement • March 24th, 2006 • Asia Pacific Resources LTD • Mining & quarrying of nonmetallic minerals (no fuels)
SRMT Holdings Limited (by itself or through one or more direct or indirect wholly owned subsidiaries of SRMT Holdings Limited, or any combination thereof, (collectively called the “Offeror”) is prepared, on and subject to the terms and conditions of this Agreement, to make an offer to purchase not less than two-thirds of the common shares (the “Shares”) of Asia Pacific Resources Ltd. (“Asia Pacific”) (including Shares issuable upon the exercise of the outstanding options or warrants to acquire Shares described in Section 1.5) and will in addition to an offer to purchase Shares, include an offer to purchase the warrants to purchase Shares (the “Warrants”) pursuant to warrant agreements which permit the transfer of such Warrants without restriction and which are or will be exercisable at the Expiry Time (the Shares and the Warrants being collectively referred to herein as the “Sought Securities”), and on and subject to the conditions (the “Conditions”) set out in SCHEDULE A hereto, to ta
