LETTER OF INTENT By and Between Discovery Energy Corp. and Global Energy International, Inc. May 28, 2013Discovery Energy Corp. • July 15th, 2013 • Metal mining • Texas
This Letter of Intent outlines our mutual understanding of certain basic terms regarding a series of transactions described herein (collectively, the “Transactions”) involving Global Energy International Inc. (“Global”) and Discovery Energy Corp. (“Discovery”). The Transactions involve a proposed purchase (the “Stock Purchase”) by Global of originally issued shares of Discovery’s common stock, par value US$0.001 per share (“Common Stock”), and a proposed line of credit (the “Line of Credit”) pursuant to which Global will loan amounts to Discovery. The parties intend that the consummations of these Transactions will occur simultaneously.
SECOND AMENDMENT TO LETTER OF INTENTDiscovery Energy Corp. • July 15th, 2013 • Metal mining
THIS SECOND AMENDMENT TO LETTER OF INTENT (the "Second Amendment") is made and entered into as of the 10th day of July 2013, but effective as of the 1st day of July 2013 by and between Discovery Energy Corp. (“Discovery”) and Global Energy International Inc. (“Global”).
FIRST AMENDMENT TO LETTER OF INTENTDiscovery Energy Corp. • July 15th, 2013 • Metal mining
THIS FIRST AMENDMENT TO LETTER OF INTENT (the "First Amendment") is made and entered into effective as of the 31st day of May 2013 by and between Discovery Energy Corp. (“Discovery”) and Global Energy International Inc. (“Global”).
