BINDING TERMS SHEET PRIVATE AND CONFIDENTIALBinding Terms Sheet • May 27th, 2014 • Panex Resources Inc. • Metal mining
This binding terms sheet (Terms Sheet) sets out the terms and conditions upon which Burey Gold Limited (Burey), Panex Resources Inc and its subsidiary, Everton Resources (BVI) Ltd (together Panex)and the shareholders of Amani Consulting sprl (Amani Vendors) come to a binding agreement for the acquisition of 85% of the issued shares in Amani Consulting sprl (Amani) by Burey.
