Liberty Gold Corp.Asset Purchase Agreement Termination • July 19th, 2012 • Liberty Gold Corp. • Services-business services, nec
We refer to the Property Purchase Agreement, dated as of March 31, 2011 (the “Agreement”), between you and us relating to our acquisition of an undivided 60% interest in certain mining claims in Alaska (the “Claims”). We are terminating the Agreement as of the date hereof. Upon execution of this letter, you shall return to us the certificates for 1,000,000 shares of our common stock that we issued to you pursuant to the Agreement together with stock powers with medallion guarantee. We shall execute any document you request to surrender any interest we may have in the Claims. We shall have no further monetary obligations for any matters relating to the Claims or the Agreement. You are not required to refund any amounts we have previously paid. We release each other from any claims or rights we may have against each other relating to the Agreement or the Claims.
