OPTION AGREEMENT FOR PURCHASE OF MINING CONCESSIONS RIO CONDOR RESOURCES S.A. AND SOCIEDAD LEGAL MINERA JULIA UNA DE LA SIERRA SAN MARCOSOption Agreement • July 28th, 2010 • Bridgeport Ventures Inc. • Gold and silver ores
In Copiapó, on November 5th 2009, before me, HERNAN CAÑAS VALDES, Lawer, Public Notary and Permanent Mining Conservator of this Province with trade in O’higgins street number 776, there appear: RIO CÓNDOR RESOURCES S.A., closely held stock corporation engaged in the mining business, TPN 76,072,443-2, properly represented, as will be evidenced by Mr. Francisco Schuberts Seiffert, Chilean, married, mechanical engineer, national identification card No. 6,095,824-6, both domiciled in the city of Santiago, and in transit through this city, at Camino del Sol Number 3895-7, municipality of Lo Barnechea, hereinafter indistinctly “RCR” or the “Beneficiary” for one part; and for the other SOCIEDAD LEGAL MINERA JULIA UNA DE LA SIERRA SAN MARCOS, hereinafter indistinctly “Julia” or the “Offeror”, properly represented, as it will be accredited, by all the Shareholders of her partner SOCIEDAD LEGAL MINERA ROSARIO UNA DE LA SIERRA SAN MARCOS, which holds 80 shares; the natural persons and that haves
LETTER OF INTENT – OPTION AGREEMENTLetter of Intent – Option Agreement • July 28th, 2010 • Bridgeport Ventures Inc. • Gold and silver ores
This letter of intent defines the general terms agreed between the parties for the signature of the option agreement in accord with the article 169 of the Miner Code’s rules, for the acquisition of the following mining property.
