September 15, 2011Escrow Agreement • September 19th, 2011 • NTR Metals, LLC • Retail-jewelry stores
NTR Metals, LLC 10720 Composite Drive Dallas, TX 75220 September 12, 2011Securities Purchase Agreement • September 19th, 2011 • NTR Metals, LLC • Retail-jewelry stores
NTR Metals, LLC, a Texas limited liability company (“NTR”), has entered into that certain Securities Purchase Agreement, dated September 12, 2011 (the “Purchase Agreement”), with DGSE Companies, Inc., a Nevada corporation (the “Company”), pursuant to which NTR will purchase four hundred thousand (400,000) shares of the common stock of the Company, par value $0.01 per share (the “Shares”), for a purchase price of five dollars ($5) per share, for an aggregate of two million dollars ($2,000,000) (the “Purchase Price”). In exchange for DGSE’s agreement to waive the requirement of Section 2.1 of the Purchase Agreement that NTR pay the Purchase price by wire transfer of immediately available funds, NTR hereby agrees to irrevocably waive and forgive an aggregate of two million dollars ($2,000,000) in debt resulting from transactions between the Company and NTR (the “Debt”) currently owed to NTR by the Company.
September 15, 2011Option Exercise Agreement • September 19th, 2011 • NTR Metals, LLC • Retail-jewelry stores
This letter agreement (this “Letter Agreement”) evidences the mutual agreement between myself and NTR Metals, LLC, a Texas limited liability company (“NTR”), in accordance with Section 7 of that certain Option Exercise Agreement, dated June 10, 2011, by and between myself and NTR, as previously amended by that certain Letter Agreement, dated July 15, 2011, by and between myself and NTR and that certain Letter Agreement, dated August 15, 2011, by and between myself and NTR (the “Option Exercise Agreement”), to extend the Termination Date (as that term is defined in the Option Exercise Agreement) to September 17, 2011.
