ASSIGNMENT AGREEMENTAssignment Agreement • July 8th, 2011 • Bonanza Goldfield Corp. • Metal mining
That David Janney (the "Assignor"), for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, does hereby assign and transfer to the board of directors of Bonanza Goldfields Corporation (the "Assignees”), voting rights to 50% of Assignor’s Series A Preferred Stock, for a term that will expire in the event of default on any of the debt agreements wherein Assignor has committed personal collateral for the benefit of Bonanza Goldfields Corporation.
