EXHIBIT 6.1
This Agreement made the 12th day of March 1999,
BETWEEN:
MAGNUM VENTURES INC. a company duly incorporated under the laws of Nevada,
in the United States of America, hereinafter referred to as "MAGNUM";
AND:
XXXX XXXXXXX and XXXXX XXXXXXX, both of the City of Vancouver, British
Columbia, Canada carrying on business under the name of Xxxxxxxxxx.xxx and
Radio Tower Interactive, hereinafter referred to as "Vendors";
Magnum wishes to and does hereby agree to buy the aforesaid businesses of
the Vendors;
Vendors wish to and do hereby sell the aforesaid business(es) to Magnum;
NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual
covenants herein contained, and upon the terms and conditions hereinafter
set forth, the parties hereto agree as follows:
1. The Vendors hereby sell, transfer and assign and Magnum hereby buys:
(a) the goodwill of the business(es) heretofore carried on by the Vendors
under the aforesaid business names, with the exclusive right of Magnum
to represent itself as carrying on such business(es) in continuation
of the Vendors, and to use any words indicating that the business(es)
are so carried on, and any and all trademarks, trade names, licences,
rights and privileges connected with the said business(es);
(b) all other property of every kind and wheresoever situation to which
the Vendors are entitled in connection with the said business(es).
2. The full purchase price shall be the issue by Magnum of 6,500,000
Regulation 144 shares from its treasury to the Vendors;
3. The Vendors covenant and agree to execute and do all such further
transfers, assignments, documents, and/or things as may be deemed by
Magnum necessary or expedient for the purpose of giving full effect to
this agreement;
4. This agreement shall endure to the benefit of and be binding upon the
heirs, executors, administrators, successors and assigns respectively
of each of the parties hereto.
23
IN WITNESS WHEREOF THE RESPECTIVE PARTIES HAVE HEREUNTO SET THEIR RESPECTIVE
HANDS AND SEALS.
The Corporate Seal of Magnum Ventures Inc.
was hereunto set by:
/s/ Xxxxxxx Xxxxxxx
-------------------------------
Authorized Signatory
Signed, sealed and delivered by: Witnessed by:
/s/ Xxxx Xxxxxxx illegible
------------------------------- ----------------------------
Xxxx Xxxxxxx
Signed, sealed and delivered by: Witnessed by:
/s/ Xxxxx Xxxxxxx illegible
------------------------------- ---------------------------
Xxxxx Xxxxxxx
