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.
MAYSIA RESOURCES CORPORATION (presently doing business as PRIMEGEN ENERGY CORPORATION) (the “Company”)Maysia Resources • August 18th, 2006 • Maysia Resources CORP • Metal mining
This letter agreement (“LA”) constitutes a definitive and binding sales and assumption document between the Company and Projection Capital Limited (“Projection") whereby the Company will acquire a 100% right title and interest in and to the interest of Projection in the in Partnership and the Partnership Agreement (as those terms are defined hereinbelow) and will assume the rights and obligations of Projection under the Partnership Agreement. The parties agree to enter into all other agreements as are necessary to give effect to the transactions ("Transactions") described hereinbelow.
