PRODUCTION PAYMENT PURCHASE AGREEMENTProduction Payment Purchase Agreement • September 30th, 2005 • Golden Phoenix Minerals Inc /Mn/ • Metal mining • Nevada
Contract Type FiledSeptember 30th, 2005 Company Industry JurisdictionThis Production Payment Purchase Agreement (the "Agreement") is entered into as of September 26, 2005, by and between Golden Phoenix Minerals, Inc., a Minnesota corporation (the "Company") and Ashdown Milling Company, LLC, a Nevada limited liability company ("Purchaser"). Both the Company and the Purchaser may sometimes be referred to as a "Party" or collectively as the "Parties."