Liberty Gold Corp.Liberty Gold Corp. • January 4th, 2012 • Services-business services, nec
We refer to the Asset Purchase Agreement, dated July 13, 2011(the “Agreement”), between you and us relating to our acquisition of an undivided 75% interest in certain mining concessions totaling 217.49 hectares in Hostotipaquillo, Jalisco, Mexico (the “Concessions”). We are terminating the Agreement as of the date hereof. Upon execution of this letter, you shall return to us the certificates for 1,500,000 shares of our common stock that we issued to you pursuant to the Agreement together with stock powers with medallion guarantee. We shall execute any document you request to surrender any claim we may have in the Concessions. We shall have no further monetary obligations for any matters relating to the Concessions or the Agreement. You are not required to refund any amounts we have previously paid.
