CodeAmerica Investments, LLC Telephone: 662-890-7379 Fax: 662-893-7883 LETTER AGREEMENTLetter Agreement • November 14th, 2005 • Altus Explorations Inc • Gold and silver ores
On July 6, 2004, CodeAmerica Investments, LLC (“CodeAmerica”) and Altus Explorations, Inc. (“Altus”) entered into a Letter of Intent for Altus to acquire from CodeAmerica its interests in certain Wilcox formation oil and gas leases associated with acreage located in Wharton County, Texas. A definitive purchase and sale agreement between CodeAmerica and Altus was never consummated, nor did Altus remit the required purchase price payment of $210,250 to CodeAmerica.
