Deerfield Resources, Ltd.: Exhibit 10.14 - Prepared by TNT Filings Inc.






Exhibit 10.14 

(English Translation) 

Bank Loan Agreement  

	
    Bank 
	
    Ningbo Bank Shenzhen Branch  ("Bank") 

	
    Borrower 
	
    Shenzhen TMK Power Industries Ltd. (深圳市三俊电池有限公司) 
    ("Borrower") 

	
    Execution date 
	
    September 2, 2009 

	
    Principal 
	
    RMB 8 million. 

	
    Purpose 
	
    Working capital. The Borrower may not
      change the purpose of the loan without written consent by the Bank 

	
    Interest 
	
    The monthly interest rate is 0.531%. The interest is settled on
      a quarterly basis. 

	
    Repayment and Repayment in
      advance 
	
    The Borrower shall repay the loan
      according to the contract. Repayment in advance shall be approved by the
      Bank with at least one month notice in advance. 

	
    Representation by Borrower 
	
     • 
	
    The Borrower shall notify the Bank of any
      corporate change in writing 30 days advance, including restructuring,
      merger, demerger, establishing a joint venture, assets transfer, etc.,
      which may affect the obligations under the contract and the interest of
      the Bank. The Borrower may not take the above mentioned actions without
      written approval of such changes by the Bank. 

	 	 	 
	
    
	
     • 
	
    The Borrower shall obtain written approval
      before providing a guarantee or mortgage with its primary asset for a
      third party, which could affect its performance under the loan agreement.
    

	 	 	 
	
      
	
     • 
	
    The Borrower or its investor(s) may not
      withdraw the capital, transfer the assets or equity for the purpose of avoiding
      the debt owned to the Bank. 

	 	 	 
	
    
	
     • 
	
    The Borrower shall notify the Bank in advance
      in writing regarding the change of its name, legal representative, legal
      address, business scope. 

	 	 	 
	
      
	
     • 
	
    During the loan period, the Borrower may not
      pay dividends or provide security for a third party, or lend to a
      third party.

	 	 	 
	
    
	
     • 
	
    By the end of 2009, the total group financing
      may not exceed RMB 130 million and the revenue of the Borrower should
      exceed RMB 350 million, otherwise, the Bank is entitled to declare the
    loan accelerated. 

	
    Security 
	
    Mortgage plus guarantee. The mortgage contract
    and guarantee contract are signed independently. 

	
    Period 
	
    From August 21, 2009 to August 20, 2010 

	
    Liability for Breach 
	
    • 
	
    If the Borrower fails to observe the agreement,
      which causes damages or losses to the Bank, the Borrower shall pay
      liquidated damages which shall be calculated with the same method in the
      instance of delayed repayment. 

	 	 	 
	
      
	
    • 
	
    In case of delayed repayment, the Borrower will
      be charged with penalty calculated at the rate 50% higher than the loan
      rate.

	 	 	 
	
    
	
    • 
	
    The Bank is entitled to request liquidated
      damages of 10% of the loan paid to the Borrower if the Borrower
      intentionally conceals any material facts or provides false information to
      the Bank. 

	 	 	 
	
    
	
    • 
	
    The Borrower shall be responsible for legal
      fees and other fees that occurred by the Bank to collect the debt through
      litigation if the Borrower breach the contract. 

	
    Governing law and Jurisdiction
    
	
    The dispute will be solved through
      the court in the place where the Bank is located.