CADRE CAPITAL 302-2695 Granville Street Vancouver, British Columbia Canada, V6H 3H4Enwin Resources Inc • September 4th, 2003 • Mining & quarrying of nonmetallic minerals (no fuels)
We hereby waive our right to cancel the option agreement between us, dated July 25, 2003, arising as a result of your payment of less than the required $25,000 on or before December 31, 2002. Of the $25,0000 required to be paid on or before December 31, 2002, only $11,943 of the payment was made by us due to actual exploration expenses being less than estimated. We agree to amend the option agreement to include the balance of the expenditures to occur no later than October 15, 2003.
