ASSET PURCHASE AGREEMENTAsset Purchase Agreement • June 9th, 2005 • Global National Communications Corp. • Metal mining
THIS ASSET PURCHASE AGREEMENT dated as of June 6, 2005 is made and entered into by and among Shenzhen Century Teltone Technology Co., Ltd., a solely foreign-own corporation located in Shenzhen, PRC (“Purchaser”); Global National Communications Corporation, a Nevada corporation (“Global”) a U.S. public company whose shares are traded on the OTCBB with the trading symbol of GLNC and total outstanding shares of 22 million; and Wang Hanqing and Wu Wenbin (“Shareholders”), on the one hand; and Shenzhen Teltone Communication Co. Ltd., a company organized under the laws of the People’s Republic of China (“Seller”), on the other hand.
