Indirect Participation Agreement Sample Contracts

LOGO] Bontan Corporation Inc. 47 Avenue Road, Suite 200 Toronto, Ontario Canada M5R 2G3 T: 416-860-0211 F: 416-361-6228 W: www.bontancorporation.com July 9, 2004 Advisory Group Limited P O Box 127 Turks and Caicos Islands Providenciale British West...
Indirect Participation Agreement • August 30th, 2004 • Bontan Corp Inc • Services-business services, nec

As you are aware, we have lent a total sume of US$1,860,843 for investment into an Indirect Participation Agreement with PNG Drilling Ventures Limited. Further, you are aware that the funds lent by us are fully secured against such IPI interest in a drilling venture, which currently works out to 0.88%.

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Area Credit Transfer Scheme Indirect Participation Agreement
Indirect Participation Agreement • March 4th, 2013
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