Royal Mines And Sample Contracts

Re: Loan to Fund Proof of Process and Establish Pilot Plant

Royal Mines And • June 20th, 2012 • Royal Mines & Minerals Corp • Metal mining

• Contract Type
  Royal Mines And
• Filed
  June 20th, 2012
• Company
  Royal Mines & Minerals Corp
• Industry
  Metal mining

This will confirm our agreement with respect to Phoenix PMX LLC (“PPMX”) providing us with funding of up to $600,000 for the purposes of proving our proprietary licensed Cholla Process (the “Technology”) and to establish pilot operations utilizing the Technology at our plants in Scottsdale and Phoenix, AZ (the “Plants”).