Common use of E C I T A L S Clause in Contracts

E C I T A L S. A. The parties hereto desire to effect a stock sale (the "Stock Sale") pursuant to which Purchaser will purchase from the Sellers one hundred percent of the outstanding common stock (the "Transferred Shares") of K and R (Proprietary) Limited (the "Companies"), (the "Company Stock"), to be purchased by Purchaser for the consideration set forth herein. The Transferred Shares represent all of the issued and outstanding stock of the Companies.

E C I T A L S. A. The parties hereto desire to effect a stock sale (the "Stock Sale") pursuant to which Purchaser will purchase from the Sellers one hundred percent of the outstanding common stock (the "Transferred Shares") of K and R Uvongo (Proprietary) Limited (the "Companies"), (the "Company Stock"), to be purchased by Purchaser for the consideration set forth herein. The Transferred Shares represent all of the issued and outstanding stock of the Companies.

E C I T A L S. A. The parties hereto desire to effect a stock sale (the "Stock Sale") pursuant to which Purchaser will purchase from the Sellers one hundred percent of the outstanding common stock (the "Transferred Shares") of K and R Fulloutput 259 (Proprietary) Limited (the "Companies"), (the "Company Stock"), to be purchased by Purchaser for the consideration set forth herein. The Transferred Shares represent all of the issued and outstanding stock of the Companies.

E C I T A L S. A. The parties hereto desire to effect a stock sale (the "Stock Sale") pursuant to which Purchaser will purchase from the Sellers one hundred percent of the outstanding common stock (the "Transferred Shares") of K and R Kwela (Proprietary) Limited (the "Companies"), (the "Company Stock"), to be purchased by Purchaser for the consideration set forth herein. The Transferred Shares represent all of the issued and outstanding stock of the Companies.

E C I T A L S. A. The parties hereto desire to effect a stock sale (the "Stock Sale") pursuant to which Purchaser will purchase from the Sellers one hundred percent of the outstanding common stock (the "Transferred Shares") of K and R Glencairn Gold Mine (Proprietary) Limited (the "Companies"), (the "Company Stock"), to be purchased by Purchaser for the consideration set forth herein. The Transferred Shares represent all of the issued and outstanding stock of the Companies.

E C I T A L S. A. The parties hereto desire to effect a stock sale (the "Stock Sale") pursuant to which Purchaser will purchase from the Sellers one hundred percent of the outstanding common stock (the "Transferred Shares") of K Coinholders (Proprietary) Limited and R Investpro Prop 11 (Proprietary) Limited (the "Companies"), (the "Company Stock"), to be purchased by Purchaser for the consideration set forth herein. The Transferred Shares represent all of the issued and outstanding stock of the Companies.

E C I T A L S. A. The parties hereto desire to effect a stock sale (the "Stock Sale") pursuant to which Purchaser will purchase from the Sellers one hundred percent of the outstanding common stock (the "Transferred Shares") of K and R Zaaiplaats Tin (Proprietary) Limited (the "Companies"), (the "Company Stock"), to be purchased by Purchaser for the consideration set forth herein. The Transferred Shares represent all of the issued and outstanding stock of the Companies.

E C I T A L S. A. The parties hereto desire to effect a stock sale (the "Stock Sale") pursuant to which Purchaser will purchase from the Sellers one hundred percent of the outstanding common stock (the "Transferred Shares") of K and R Majormatic 167 (Proprietary) Limited (the "Companies"), (the "Company Stock"), to be purchased by Purchaser for the consideration set forth herein. The Transferred Shares represent all one hundred percent of the issued and outstanding stock of the Companies.