Exhibit - Georgia Exploraiton, Form 8-KPurchase and Sale Agreement • February 5th, 2007 • Georgia Exploration, Inc. • Metal mining • Texas
This letter agreement, when fully executed by the parties named herein, shall constitute a “Purchase and Sale Agreement” between Orbit Energy, LLC., a Nevada Limited Liability Company (“Seller” or “Orbit”) and Wharton Resources LP, a Texas Limited Partnership (“Purchaser” or “Wharton”), in regard to the properties identified below. The Purchaser is wholly owned by Georgia Exploration, Inc., a Nevada corporation (“Georgia”). The Purchaser, Seller and Georgia are hereinafter collectively referred to as the “parties”. The effective date for this Purchase and Sale Agreement is January 30, 2007 (the “Effective Date”).
