Letter Of Intent June 4, 2010Share Exchange Agreement • June 4th, 2010 • Oregon Gold, Inc. • Gold and silver ores
This Letter of Intent (the “LOI”) sets forth certain understandings and agreements between Oregon Gold, Inc. (hereinafter the “Company”), and Surry Holdings Limited (hereinafter the “SURRY”), regarding SURRY acquiring a controlling interest in the Company via Share Exchange Agreement wherein the Company will issue to the Shareholders of SURRY (the “Shareholders”) an aggregate of 28,496,427 shares of Common Stock after a 1 for 23 reverse split of the Company’s outstanding shares of Common Stock, in exchange for all of the outstanding securities of SURRY, which represents all of the issued and outstanding capital stock of SURRY.
