METHES ENERGIES CANADA INC. Mississauga, Ontario L5LOA1
METHES ENERGIES CANADA INC.
▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇
Mississauga, Ontario
L5LOA1
June 23, 2015
1730636 Ontario Limited
54117 Best Line
Aylmer, Ontario
N5H 2R3
Dear Sirs:
This will confirm our agreement to amend and modify the Loan Agreement between us dated June 21, 2013 and the related Promissory Note dated July 11, 2013.
| 1. | The term specified in the Loan Agreement is hereby extended to and shall end on July 1, 2016. | |
| 2. | The principal amount of $ 1,350,000.00 CDN now due under the Promissory Note shall be payable on July 1, 2016. |
All other provisions of the Loan Agreement shall continue in full force and effect including monthly payment of the interest.
| Very truly yours | ||
| METHES ENERGIES CANADA, INC. | ||
| by: | /s/ ▇▇▇ ▇▇▇▇▇▇ ▇▇ | |
| ▇▇▇ ▇▇▇▇▇▇ ▇▇, President | ||
Accepted and agreed to this 23rd day of June, 2015
1730636 ONTARIO LIMITED
| by: | /s/▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ |
I have the authority to bind the Corporation.
