MAYSIA RESOURCES CORPORATION Letter of IntentMaysia Resources • August 23rd, 2006 • Maysia Resources CORP • Metal mining
This letter of intent (“LOI”) evidences the intention of the parties, namely Maysia Resources Corporation (dba PrimeGen Energy Corporation) (the “Company”) and Notional Capital Limited (“Notional") to enter into such agreements as are necessary to give effect to the transactions ("Transactions") described herein. The obligations of the parties to complete the Transactions shall be subject to the conditions precedent set out below, and unless and until such conditions are satisfied none of the parties shall have any obligations under this LOI.
