Agreement on Unilateral Option to Purchase a Share of Mining Concessions and Promise to Form a Company Sample Contracts

DRAFT SUBJECT TO REVIEW DATE: NOVEMBER 24, 2004
Agreement on Unilateral Option to Purchase a Share of Mining Concessions and Promise to Form a Company • October 6th, 2006 • Geocom Resources Inc • Drilling oil & gas wells

In Santiago, Chile, on January 10, 2005, before me, María Gloria Acharán Toledo, attorney, Regular Notary Public of the Forty-Second Notarial Office of Santiago, located at Matías Cousiño 154, there appeared: Mr. JULIÁN SÁNCHEZ DEL VALLE, Spaniard, married, with a full separation of assets, entrepreneur, foreigner’s identity card No. 5.274.627-2, and Mr. PEDRO RICALDE BORBOLLA, Chilean, married with a full separation of assets, business administrator, national identity card and taxpayer identification No. 7.946.746-4, both on behalf of MINERA CANELA S.A., a company engaged in mining, taxpayer identification number 77.595.590-8, all domiciled in this city at Avenida Gertrudis Echeñique 30, Suite 71, Las Condes, hereinafter also indistinctly the “Offeror,” “Canela,” “Promising Seller” or “Owner,” as one party; and as the other, Mr. CÉSAR ANDRÉS LÓPEZ ALARCÓN, Chilean, married, attorney, national identity card and taxpayer identification No. 9.581.126-4, on behalf of, as shall also be evi

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