CADRE CAPITAL 302-2695 Granville Street Vancouver, British Columbia Canada, V6H 3H4
CADRE CAPITAL
000-0000 Xxxxxxxxx Xxxxxx
Xxxxxxxxx, Xxxxxxx Xxxxxxxx
Xxxxxx, X0X 0X0
July 21, 2003
Enwin Resources Inc.
#2006 - 0000 Xxxxxxxx Xxxxxx
Xxxx Xxxxxxxxx, XX X0X 0X0
Dear Sirs:
We hereby waive our right to cancel the option agreement between us, dated July 25, 2003, arising as a result of your payment
of less than the required $25,000 on or before December 31, 2002. Of the $25,0000 required to be paid on or before
December 31, 2002, only $11,943 of the payment was made by us due to actual exploration expenses being less than estimated.
We agree to amend the option agreement to include the balance of the expenditures to occur no later than October 15, 2003.
Yours truly,
/s/ Xxxxxx Xxxxxx
__________________
Xxxxxx Xxxxxx
Cadre Capital Inc.