LETTER OF INTENTLetter of Intent • September 10th, 2008 • Guildhall Minerals Ltd. • Metal mining
WHEREAS First West is the beneficial owner of 100% right, title and interest in the assets described in Schedule “A” (Land) and Schedule “C” (Equipment) attached hereto (the “Assets”)
EXTENSION AGREEMENTExtension Agreement • September 10th, 2008 • Guildhall Minerals Ltd. • Metal mining
We are parties to an Option Agreement dated February 20, 2007 (“Agreement”) pursuant to which you have optioned to this company British Columbia mineral claim “Bridge” – Tenure No. 374400 (“Claim”). Clauses 2 and 3 of the Agreement provide that Guildhall is to issue certain shares to you and expend minimum amounts of money on the Claim on or before various dates, the first of which was February 15, 2008. We acknowledge that we have not issued the shares to you, nor done the minimum required work on the Claim and we have mutually agreed to an extension of the deadline for the fulfillment of those obligations as hereinafter provided.
