AMENDMENT NO. 1 TO MEMORANDUM OF UNDERSTANDINGMemorandum of Understanding • August 1st, 2017 • MAGELLAN GOLD Corp • Metal mining
THIS AMENDMENT NO. 1 TO MEMORANDUM OF UNDERSTANDING (this “Amendment”) is made and entered into as of the 31 day of July, 2017 by and among MAGELLAN GOLD CORPORATION, a Nevada corporation or a wholly-owned entity to be formed and organized for the purpose of being the party to the MOU as defined below ("Magellan"), and ROSE PETROLEUM, plc and its wholly-owned subsidiary MINERALES VANE S.A. de C.V. (“VANE”) (collectively “Rose”). Magellan and Rose may each be referred to as a “Party” and together the “Parties.
