Document:

Exhibit 10.3
------------

                              CAMDEN MINES LIMITED
                              --------------------
                           505 Burrard St., Suite 1880
                           Vancouver, British Columbia
                                 Canada, V7X 1M6
                               Tel: (604) 681-3864

September 10, 2004

To:
THE  SHAREHOLDERS  AND THE BOARD OF  DIRECTORS  OF BEIJING  BOHENG  INVESTMENT &
--------------------------------------------------------------------------------
MANAGEMENT CO., LTD.
--------------------

Chaoqian No. 9
Technology Zone, Changping District
Beijing, PRC.

Dear Sirs\Mesdames:

Re:  OFFER TO PURCHASE 95% OF THE  OUTSTANDING  SHARES IN THE CAPITAL OF BEIJING
     BOHENG   INVESTMENT  &  MANAGEMENT  CO.,  LTD.   ("BOHENG")  FROM  ALL  THE
     SHAREHOLDERS OF THE  OUTSTANDING  SHARES IN THE CAPITAL OF BOHENG BY CAMDEN
     MINES LIMITED ("CAMDEN") (CHANGING ITS NAME TO "XINHUA CHINA LTD.")
     ---------------------------------------------------------------------------

Subject to and in accordance  with the terms and  conditions  contained  herein,
this binding letter agreement (the "Letter  Agreement") will set forth the basic
understanding,  terms and conditions  relating to the  acquisition of 95% of the
outstanding  shares in the capital of Boheng (the "Boheng  Capital"),  a company
organized under the laws of the People's Republic of China, by Camden, a company
organized  under  the laws of the State of  Nevada,  (the  "Transaction").  Zhou
Jianmin and Li Hongxing are the only  shareholders of the Boheng Capital and are
parties to this Letter Agreement.

The parties also intend to enter into a more formal purchase agreement by way of
a share purchase  agreement (the "Formal  Agreement")  and other  documents that
more fully delineate and formalize the terms outlined in this Letter  Agreement,
failing which the following terms will apply:

1.   Form of  Transaction.  Zhou Jianmin and Li Hongxing  will transfer on a pro
     ---------------------
rata basis in  accordance  with each such  shareholder's  respective  percentage

<PAGE>

shareholdings  in Boheng,  95% of the Boheng  Capital to Camden in exchange  for
Camden issuing in aggregate  18,613,000  shares of common stock of Camden to the
shareholders of Boheng on a pro rata basis.

2.   Formal Agreement. Additional terms, conditions and provisions governing the
     -----------------
proposed  Transaction  may be  contained  in a Formal  Agreement,  which will be
prepared and executed in form and  substance  satisfactory  to Boheng and Camden
and their respective legal counsel.

3.   Due Diligence.  The parties'  obligations under this Letter Agreement shall
     --------------
be subject to the following conditions:

     (a)  Camden shall  complete due diligence to its  satisfaction  and that of
its counsel,  as to corporate status,  compliance with applicable laws,  assets,
liabilities,  contracts and  financial  condition and prospects of Boheng within
ninety (90) days after entering into this Letter Agreement.

     (b)  Boheng will provide Camden and its respective representatives,  agents
and advisers with reasonable access to, and copies of, all books, records, files
and documents in Boheng's possession as may be reasonably requested by Camden in
order that Camden may satisfy itself as to all matters relating to the business,
ownership, assets, operations and liabilities of Boheng.

4.   Representations  and Warranties.  The Formal  Agreement shall contain usual
     --------------------------------
and customary representations and warranties by each of Boheng, Zhou Jianmin, Li
Hongxing  and  Camden  about  each  such  corporation  and the  Boheng  Capital,
including but not limited to:

                   (i)    due incorporation and good standing;
                   (ii)   due  authorization of the transactions and agreements
                          relating thereto;
                   (iii)  title of each such corporation to its assets;
                   (iv)   correctness of financial statements;
                   (v)    condition of properties, equipment and other material
                          assets;
                   (vi)   absence of undisclosed or contingent liabilities;
                   (xii)  absence of any material adverse change since the date
                          of  its  most  recent  financial  statements  in  the
                          financial  condition,  results  or prospects  of such
                          corporation;
                   (xiii) absence  of tax  liabilities  other than on a current
                          basis;
                   (xiv) absence of any threatened or pending litigation;
                   (xv)  continuing validity of contracts, licenses and permits;
                         and
                   (xvi) that the Boheng Capital is free and clear of any liens
                         or encumbrances.

<PAGE>

5.   Indemnification. Each of Boheng, Zhou Jianmin, Li Hongxing and Camden shall
     ----------------
agree to indemnify  the other  against any loss,  damage,  expense,  judgment or
payment  (including  expenses of  investigation,  attorney's fees and litigation
expenses)  resulting from the inaccuracy of any  representation or warranty made
by such party in the Formal Agreement.

6.   Condition Precedent to Closing. Boheng shall have received share capital in
     -------------------------------
the newly created Xinhua  Publications  Circulation &  Distribution  Center Co.,
Ltd.,  a company  organized  under the laws of the  People's  Republic of China,
equivalent  to 30.67% of the  issued  and  outstanding  share  capital in Xinhua
Publications Circulation & Distribution Center Co., Ltd.

7.   Consents.  Each of Boheng,  Zhou  Jianmin,  Li  Hongxing  and  Camden  will
     ---------
cooperate with one another and proceed, as promptly as is reasonably practicable
to seek to obtain all  necessary  consents  and  approvals,  and to  endeavor to
comply with all other legal or contractual  requirements for or preconditions to
the execution and consummation of the Formal Agreement.

8.   Confidentiality.  Each of Boheng and Camden agrees to treat all information
     ----------------
(including but not limited to any information  identified as  "confidential"  in
writing  and any such  information  which by its  content  or from the manner in
which it is provided could reasonably be deemed to be  confidential)  concerning
the  other  furnished,  or to be  furnished,  by or on  behalf  of the  other in
accordance   with  the   provisions  of  this   paragraph   (collectively,   the
"Information"),  and to take,  or abstain from taking,  other  actions set forth
herein.  The  Information  will be used solely for the purpose of evaluating the
proposed transactions, and will be kept confidential by each corporation and its
officers, directors, employees, representatives,  agents, and advisors; provided
that (i) any of such  Information may be disclosed by either  corporation to its
officers, directors, employees,  representatives,  agents, and advisors who need
to  know  such   information   for  the  purpose  of  evaluating   the  proposed
transactions,  (ii) any disclosure of such information may be made to which each
corporation  consents in writing,  (iii) such information may be disclosed if so
required by law and (iv) such  obligation of  confidentiality  shall expire upon
such  confidential  information  becoming public by means other than a breach of
this paragraph.  If the proposed Transaction is not consummated,  each of Boheng
and Camden will promptly return all documents, contracts, records, or properties
to the other.  The provisions of this paragraph shall survive the termination of
this Letter Agreement.

9.   Public Disclosure. Before the closing of the proposed Transaction,  neither
     ------------------
Boheng nor Camden shall make any public  release of  information  regarding  the
matters  contemplated  herein except (i) that press  releases shall be issued by
Camden  as  promptly  as is  practicable  after  the  execution  of this  Letter
Agreement,  (ii) that Boheng and Camden may each  continue  such  communications
with   employees,   customers,   suppliers,   franchisees,   lenders,   lessors,
shareholders,  and  other  particular  groups  as may  be  legally  required  or
necessary or  appropriate  and not  inconsistent  with the best interests of the

<PAGE>

other party or the prompt consummation of the transactions  contemplated by this
Letter Agreement, and (iii) as required by law.

10.  Reasonable  Commercial Efforts. Each of Boheng and Camden will negotiate in
     -------------------------------
good  faith and use its  reasonably  commercial  efforts to arrive at a mutually
acceptable  Formal  Agreement  for  approval,  execution,  and  delivery  on the
earliest  reasonably  practicable  date.  Camden will  pursue its due  diligence
investigation  of the business,  financial  condition and prospects of Boheng in
good faith and with  reasonable  dispatch.  Each party  hereto will also use its
reasonable  commercial  efforts (subject to all the terms and conditions  hereof
and the Formal  Agreement)  to effect  the  closing  of the  Transaction  and to
proceed with the  transactions  contemplated  in this Letter  Agreement  and the
Formal Agreement as promptly as is reasonably practicable.

11.  Transactions  in the  Ordinary  Course.  Upon the  execution of this Letter
     ---------------------------------------
Agreement,  Boheng  will not make or agree to make any  purchase,  sale or other
similar  transaction  of assets,  securities  or  otherwise  in an amount in any
transaction,  greater than $10,000 without the consent of Camden,  which consent
shall  not be  unreasonably  withheld;  except  in any such  case,  for any such
transactions  which are in the  ordinary  course  and scope of the  business  of
Boheng.

12.  Costs.  Boheng and Camden will each be solely  responsible for and bear all
     ------
of its own respective expenses, including, without limitation, expenses of legal
counsel,  accountants,  financial  and other  advisors,  incurred at any time in
connection  with  pursuing  or  consummating   the  Formal   Agreement  and  the
transactions contemplated herein.

13.  Execution  in  Counterparts.  This  Letter  Agreement  may be  executed  in
     ----------------------------
original or  counterpart  form,  delivered by facsimile or  otherwise,  and when
executed  by the  parties  as  aforesaid,  shall be  deemed  to  constitute  one
agreement and shall take effect as such.

14.  Governing  Law. The situs of this Letter  Agreement is  Vancouver,  British
     ---------------
Columbia,   and  for  all  purposes  this  Letter  Agreement  will  be  governed
exclusively by and construed and enforced in accordance with the laws and Courts
prevailing in the Province of British Columbia.

Yours very truly,
CAMDEN MINES LIMITED

Per:     /s/ Xianping Wang
    ----------------------------------------
         Xianping Wang, President

<PAGE>

If the parties wish to accept the terms and conditions  set forth above,  please
execute  this  Letter  Agreement  and return an  originally  signed  copy to the
undersigned.  Upon such  execution  and  return,  this  Letter  Agreement  shall
constitute a binding agreement upon the parties.

BEIJING BOHENG INVESTMENT
& MANAGEMENT CO., LTD.

Per:     /s/ Li Hongxing                              Dated: September 14, 2004
    ----------------------------------------
         Authorized Signatory

         Li Hongxing, Secretary and Director
--------------------------------------------
         (print name and title)

         /s/ Zhou Jianmin                             Dated: September 14, 2004
--------------------------------------------
Zhou Jianmin, shareholder of
Beijing Boheng Investment &
Management Co., Ltd.

         /s/ Li Hongxing                              Dated: September 14, 2004
--------------------------------------------
Li Hongxing, shareholder of
Beijing Boheng Investment &
Management Co., Ltd.EXHIBIT 10.1

                              MANAGEMENT AGREEMENT

      THIS AGREEMENT is made to provide management services and is entered into
as of 28th day of September, 2004 (the "Effective Date") by and between
AMALGAMATED TECHNOLOGIES, INC., a Delaware corporation, having its principal
office at 153 East 53rd St., 48th Floor, New York, NY 10022, hereinafter
referred to as the "Company" and TRINAD MANAGEMENT, LLC, a Delaware Limited
Liability Company, having its principal office at 153 East 53rd St., 48th Floor,
New York, NY 10022, hereinafter referred to as the "Manager".

                                   WITNESSETH:

WHEREAS, the Company desires to utilize Manager's services on an ongoing basis
for certain management services from the Effective Date and continuing until the
expiration or termination of this Agreement pursuant to the terms contained
herein.

NOW THEREFORE, in consideration of the foregoing and of the covenants herein, it
is mutually agreed as follows:

      1.    The Company hereby retains Manager and Manager agrees to provide the
            Company with management services (the "Management Services") under
            and subject to all of the terms, conditions and provision hereof.

      2.    The Management Services shall consist of certain recordkeeping and
            management services, including, without limitation, the following:

            (a)   the completion of and filing of all the necessary forms and
                  applications with governmental or regulatory authorities;

            (b)   the identification, negotiation and structuring and closing of
                  a merger transaction with a suitable target company;

            (c)   investor relations services;

            (d)   maintenance of books, accounts and records required by
                  governmental or regulatory authorities; and

            (e)   the provision of Manager employees and personnel necessary to
                  effectuate the foregoing Management Services.

      3.    The Manager shall provide such Management Services pursuant to the
            terms and conditions hereof. The Manager will provide the Management
            Services hereunder with the same care and diligence that it would
            exercise in the performance of such services for its own operations.
<PAGE>

      4.    As compensation for the Management Services provided pursuant to
            this Agreement, the Company agrees to pay the Manager a fee (the
            "Management Fee") of $30,000 per month, plus reimbursement of all
            expenses reasonably incurred by the Manager in connection with the
            provision of the Management Services. Upon the signing this
            Agreement the Company agrees to pay the Management Fee retroactive
            for Management Services commenced in April 2004. Thereafter the
            Management Fee shall be payable within fifteen (15) days of the end
            of each calendar month.

      5.    It is expressly understood by all parties hereto that during the
            term hereof, the Manager will diligently devote such time and best
            efforts as is reasonably required in the performance of the
            Management Services and will perform the Management Services
            conscientiously, efficiently and to the best of its ability. Except
            as otherwise set forth herein or in other agreements with the
            Company, nothing contained in this Agreement shall preclude Manager
            from engaging in other business activities.

      6.    Subject to Section 7 below, the term of this Agreement will commence
            on the Effective Date and will continue for a period of one (1) year
            (the "Term") and shall thereafter renew for successive one (1) year
            Terms without any action being taken by the parties; provided that
            either party may elect to not renew this Agreement by sending
            written notice to the other party no less than thirty (30) days
            prior to the renewal date.

      7.    (a) The parties hereto may terminate this Agreement at any time.

            (b)   Either party may terminate this Agreement effective on 30 days
                  written notice of termination to the other party hereto.

            (c)   Upon the termination of this Agreement in accordance with the
                  terms hereof, except as set forth in this Agreement, neither
                  party hereto shall have any further obligation or liability to
                  the other party hereunder. The following provision of this
                  Agreement shall survive such termination or expiration of this
                  Agreement, Sections 7(c), 9, 10, 11, 12, 13 and 17. Upon
                  termination of this Agreement for any reason, the Manager
                  shall deliver to the Company all records, contracts,
                  agreements and other papers, documents or other materials
                  which pertain to the Company's business and activities
                  associated therewith.

      8.    This Agreement may not be assigned by the Manager without the prior
            written approval of the Company.

      9.    The Manager shall not have or claim at any time, by virtue of its
            performance hereunder, any right, title or interest in any trade
            name, trademark, copyright or other similar rights or in any
            property or other tangible or intangible assets of any type owned by
            the Company and shall not have or claim at any time any right, title
            or interest in any other material, matter or asset of any sort
            prepared for or used in connection with the Company's business or
            promotion.
<PAGE>

      10.   The Manager expressly agrees that all books and records relating in
            any manner whatsoever to the Company's business and all other files,
            books and records and other material owned by the Company or used by
            it in connection with the conduct of its business, whether prepared
            by Manager's personnel, contract employees or otherwise coming into
            Manager's possession (collectively, the "Proprietary Information"),
            shall be the exclusive property of the Company, regardless of who
            actually prepared the Proprietary Information. All such books and
            records and other materials shall be returned immediately to the
            Company upon termination of Manager's services. The Manager agrees
            that it shall not disclose, transfer, use, copy, or allow access to
            any such Proprietary Information to any employees or to any third
            parties, except for those who have a need to know such Proprietary
            Information in order to accomplish the requirements of this
            Agreement and who are bound by contractual obligations of
            confidentiality and limitation of use sufficient to give effect to
            this Section 10. In no event shall the Manager disclose any such
            Proprietary Information to any competitors of the Company.

      11.   (a) The Company shall indemnify and hold harmless the Manager and
            its officers, directors, stockholders and employees against all
            third person claims, liabilities, losses, costs and expenses
            (including reasonable legal and accounting fees) whether or not
            covered by insurance, caused or asserted to have been caused,
            directly or indirectly, by or as a result of (i) any acts or
            omissions of the Company and its employees or (ii) any breach of or
            failure to perform any obligation under this Agreement by the
            Company and/or its agents, employees and/or subcontractors (other
            than the Manager), except to the extent caused by the bad faith,
            gross negligence, willful misconduct or fraud of the Manager.

            (b) The Manager shall indemnify and hold harmless the Company and
            its officers, directors, partners and employees against all third
            person claims, liabilities, losses, costs and expenses (including
            reasonable legal and accounting fees) whether or not covered by
            insurance, caused or asserted to have been caused, directly or
            indirectly, by or as a result of (i) any acts or omissions of the
            Manager and its employees or (ii) any breach of or failure to
            perform any obligation under this Agreement by the Manager and/or
            its agents, employees and/or subcontractors, except to the extent
            caused by the bad faith, gross negligence, willful misconduct or
            fraud of the Company.

      12.   Any notice required or permitted to be given under this Agreement by
            one party hereto to the other shall be in writing and shall be
            deemed to have been given as of the second business day following
            the date of mailing if mailed to the party to whom notice is to be
            given, by first class mail, registered or certified, postage prepaid
            and properly addressed as follows:

                  To the Manager:    TRINAD MANAGEMENT, LLC
                                     153 East 53rd St., 48th Floor.
                                     New York, NY 10022
                                     Attention: Jay Wolf
<PAGE>

                  To the Company:    AMALGAMATED TECHNOLOGIES, INC.
                                     153 East 53rd St., 48th Floor.
                                     New York, NY 10022
                                     Attention:  Robert Ellin

            or such other addresses as the respective parties may in writing to
            the other designate.

      13.   If a proceeding is brought for the enforcement of this Agreement, or
            because of an alleged dispute, breach, default or misrepresentation
            in connection with any of the provisions of this Agreement, the
            successful or prevailing party or parties shall be entitled to
            recover reasonable attorneys' fees and other costs incurred in
            connection with that action or proceeding, in addition to any other
            relief to which such party or parties may be entitled.

      14.   The parties hereto agree that this Agreement constitutes the entire
            and exclusive agreement between them pertaining to the subject
            matter contained herein, and supersedes all prior or contemporaneous
            agreement oral or written, conditions, representation, warranties,
            proposals and understandings of the parties pertaining to such
            subject matter.

      15.   The provisions of this Agreement inure to the benefit of and are
            binding on the successor and assigns of the Company and the
            successor and assigns of Manager.

      16.   Should any paragraph or provision of this Agreement be held to be
            void, invalid or inoperative, it shall not affect any other
            paragraph or provision herein, and the remainder of this Agreement
            shall be effective as though such void, invalid or inoperative
            paragraph or provision had not been contained herein.

      17.   This Agreement shall be governed by the laws of the State of New
            York.

                            [Signature Page Follows]
<PAGE>

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
as of the day and year first above written.

TRINAD MANAGEMENT, LLC

By:___________________________
Name:
Title:

AMALGAMATED TECHNOLOGIES, INC.

________________________________
Name:
Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00072-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00072-of-00352.parquet"}]]