STOCK PURCHASE AND ACQUISITION AGREEMENTStock Purchase and Acquisition Agreement • March 30th, 2010 • Goldspan Resources, Inc. • Metal mining • Delaware
This "Stock Purchase and Acquisition Agreement" is being submitted this 26th day of March, 2010, by X9 GOLD DEVELOPMENT, INC., hereinafter "X9", a Delaware corporation, with a principal place of business located at 2 Chinmoy Avenue, Greenwich, CT 06830 to GOLDSPAN RESOURCES, INC., a Nevada Corporation, with a principal place of business located at 6260 Rainbow Drive, Suite 110, Las Vegas, Nevada 89118, hereinafter, "Goldspan", for purposes of stating the general terms and conditions of the transaction and a recommended time schedule for the funding and testing of gold to enhance the milling process operation for a greater yield recovery using conventional mining technology which is based on technology proprietary to X9 as defined in the B9 licensing agreement, a conformed copy of which is appended hereto as Appendix and referred to in 1) below, hereinafter the "Technology" upon the terms and conditions that will be incorporated into an expanded definitive Agreement outlined as follows:
