Document:

SALE
& PURCHASE AGREEMENT FOR THE ACQUISITION

 

of

 

29%
OF THE SHARES AND ASSETS OF JIANGXI EVERENERGY NEW MATERIAL CO., LTD.

 

February,
17, 2014

 

THIS
AGREEMENT is between:

 

Party
A: APOLO GOLD & ENERGY ASIA LIMITED (WHOLLY OWNED SUBSIDIARY OF APOLO GOLD & ENERGY INC. a company incorporated under
the laws of the State of Nevada, USA) with its address at 9th floor, Kam Chung Commercial Bldg, 19-21 Hennessy Road, Wanchai,
Hong Kong. ( “APOLO” or the “Company” )

 

And

 

Party
B: Mr. Hu Qinjian, who holds 29% interest of JIANGXI EVERENERGY NEW MATERIAL CO., LTD (“HU”) with his address at
13th floor, Tower B, Jin Shan Building, 8 Sanxi Road, Gulou District, Nanjing, Jiangsu Province, PRC

 

Party
C: JIANGXI EVERENERGY NEW MATERIAL CO., LTD. with its address at Chunshui Road, Yichun Economic Development Zone, Jiangxi
China. ( “Everenergy” )

 

WHEREAS,

 

(1)
Apolo and Everenergy have agreed that the 100% value of Everenergy is US$17M, and Party A has agreed to acquire 100% of the
shares of Party B which includes 29% of the Issued and Outstanding shares of Everenergy, together with 29% of the assets of
Everenergy (the Business Assets”) on the terms and subject to the conditions set forth herein and: Apolo has agreed to
issue 11 million restricted common shares of APOLO to Party B at a deemed price of US$0.45 per share).

 

(2)
Everenergy, located in the Li-ion Battery high-tech industry park of Yi Chun, Jiangxi province, China, was founded in July, 2010
with a registered capital of 22 million RMB and the total asset value on balance sheet is 107.9 million RMB (US$17 Million). Covering
an area of 16.50 acres, the company mainly deals with the R & D, production and sales of high quality lithium batteries, cathode
materials and relevant precursor materials.

 

    	 

    	 

    

 

NOW,
THEREFORE, in consideration of the foregoing premises and the mutual covenants, agreements, representations and warranties
contained herein, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

 

ARTICLE
I 

SALE
AND PURCHASE OF SHARES

 

1.1
On the basis of the representations herein contained and on the terms and subject to the conditions set forth herein, Party B
hereby agrees to sell, assign, transfer convey and deliver to APOLO, 100% of its 29% interest in the shares and assets of Everenergy
together with all of its rights, titles and interests in the Business Assets and all attendant or related assets, including, but
not limited to: proprietary intellectual property, maps, documents, deeds, files, titles, patents, know-how and good-will, together
with any other item, assets, products, files, records, documents, signatures, interests or rights pertaining to or relating to
the Business Assets in keeping with the intentions and the spirit of this Agreement.

 

1.2
It is understood by the Parties that the 11 Million shares of APOLO so issued as payment for the business assets will be restricted
shares as required by Rule 144 of the United States Securities Act (the “Act” ) and any certificate(s) issued representing
the shares shall display a restrictive legend as required by the United States Securities and Exchange Act,

 

ARTICLE
II 

REPRESENTATIONS
AND WARRANTIES OF APOLO

 

2.1 Authorization.
APOLO, represented by Kelvin Chak, the President, Chief Executive Officer and Chairman of APOLO has full power, legal
capacity and authority to enter into this Agreement and to consummate the transaction herein contemplated, and to perform all
obligations hereunder. This Agreement constitutes the legal, valid and binding obligation of APOLO, and this Agreement is
enforceable with respect to Party B and Everenergy, in accordance with its terms. Neither the execution and delivery of
this Agreement, nor the compliance with any of the provisions hereof, will (a) conflict with or result in a breach of,
violation of or default under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, license,
lease, credit agreement or other agreement, document, instrument or obligation to which APOLO is a party or by which APOLO or
any of its assets or properties may be bound or (b) violate any judgment, order, injunction, decree, statute, rule or
regulation applicable to APOLO or the assets or properties of APOLO.

 

    	 

    	 

    

 

2.2
Legality of Shares. To the best of APOLO’s knowledge, the Common Shares of Apolo, when delivered as provided in this
Agreement, will be validly issued, fully paid and non-assessable. The Common Shares, upon sale, assignment, transfer and conveyance
thereof, will not be subject to the preemptive right of any shareholder or any other person. Upon delivery of and payment for
the Common Shares as set forth in this Agreement, Party B will receive title to the Common Shares of Apolo thereto, free and clear
of all liens, encumbrances, charges and claims whatsoever.

 

2.3
Compliance with Securities Laws.

 

(a)
No formal or informal investigation or examination by the Securities and Exchange Commission (the “Commission” ) or
by the securities administrator of any state is pending or threatened against APOLO.

 

(b)
Neither APOLO, nor any of its directors or officers, have been convicted of any felony or misdemeanor in connection with the sale
or purchase of any security or involving the making of any false filing with the Commission.

 

(c)
APOLO is not subject to any order, judgment or decree of any court of competent jurisdiction temporarily, preliminarily or permanently
restraining or enjoining such person from engaging in or continuing any conduct or practice in connection with the sale or purchase
of any security or involving the making of any false filing with the Commission.

 

2.4
No undisclosed Issues or Liabilities. APOLO warrants that to the best of its knowledge there are no, issues that might
tend to cause damage to APOLO or its shareholders, or state or federal regulatory problems of any description.

 

    	 

    	 

    

 

 

ARTICLE
III 

REPRESENTATIONS
AND WARRANTIES OF PARTY B

 

3.1
Authorization. Party B has full power, legal capacity and authority to enter into this Agreement, to execute all attendant
documents and instruments necessary to consummate the transaction herein contemplated, to purchase and acquire the Common Shares
from APOLO and to perform all obligations hereunder. This Agreement constitutes the legal, valid and binding obligation of Party
B and this Agreement is enforceable with respect to Party B, in accordance with its terms.

 

3.2
Information Regarding this Agreement and the Company. Party B has obtained such information regarding the financial position
and prospects of APOLO, as Party B considers necessary or appropriate for the purpose of purchasing and acquiring the Common Shares
from Party B pursuant to this Agreement.

 

3-3
Compliance with Securities Laws.

 

(a)
No formal or informal investigation or examination by the Commission or by the securities administrator or legal authority of
any state or jurisdiction within or outside of the United States, Canada, China or any other jurisdiction is pending or threatened
against Party B or the assets.

 

(b)
Party B has not been convicted of any felony or misdemeanor in connection with the sale or purchase of any security or involving
the making of any false filing with in any jurisdiction.

 

(c)
Party B is not subject to any order, judgment or decree of any court of competent jurisdiction temporarily, preliminarily or permanently
restraining or enjoining them from engaging in or continuing any conduct or practice in connection with the sale or purchase of
any security or involving the making of any false filing with in any jurisdiction.

 

    	 

    	 

    

 

3.4
Disclosure of Transference of Control.

 

(a)
Party B understands and accepts that certain legal and regulatory filings and disclosures will be required in order to properly
and legally execute the transfer of control of its 29% portion of the shares and assets of Everenergy. Such filings and disclosures
include, but are not limited to the filing of a Schedule 14C Information Statement pursuant to Section 14(c) of the Securities
Exchange Act of 1934 or a Form 8-K with the United States Securities and Exchange Commission,

 

(b)
Party B will assist fully in the preparation and filing of all such required filings in order to fully insure that all required
filings are executed and filed properly and in a timely manner.

 

(c)
If relevant, Party B will provide a detailed list of individuals or entities (the “New Shareholders”) designated to
receive Common Shares of APOLO pursuant to the issuance of the 11 Million Common Shares specified in this Agreement.

 

(d)
The above noted detailed list of Party B New Shareholders shall include the full legal name of the individual or entity receiving
APOLO Common Shares, the full address and citizenship or corporate jurisdiction of each New Shareholder (Attached hereto as Appendix
C).

 

3.5
Party B warrants that they shall deliver to APOLO all of rights, titles and interests in its 29% of the shares of Everenergy owned
by Party B together with any, files, records, documents, signatures, interests or rights pertaining to or relating to the shares
in keeping with the intentions and the spirit of this Agreement.

 

3.6
Party B warrants that all translations in English of all documents, as required by the US Securities Act shall be accurate legal
translations and that any discrepancy between the original documentation and the English translation, the English translation
shall take precedence.

 

ARTICLE
IV 

REPRESENTATIONS
AND WARRANTIES OF EVERENERGY

 

4.1
Authorization. Everenergy has full power, legal capacity and authority to enter into this Agreement, to execute all attendant
documents and instruments necessary to consummate the transaction herein contemplated and to perform all obligations hereunder.
This Agreement constitutes the legal, valid and binding obligation of Everenergy and this Agreement is enforceable with respect
to Everenergy in accordance with its terms.

 

    	 

    	 

    

 

4.2
Information Regarding this Agreement and the Company. Everenergy has obtained such information regarding the financial
position and prospects of APOLO, as Everenergy considers necessary or appropriate pursuant to this Agreement.

 

4.3
Compliance with Securities Laws.

 

(a)
No formal or informal investigation or examination by the Commission or by the securities administrator or legal authority of
any state or jurisdiction within or outside of the United States, Canada, China or any other jurisdiction is pending or threatened
against Everenergy or the business assets.

 

(b)
Neither Everenergy nor any of its officers or directors have been convicted of any felony or misdemeanor in connection with the
sale or purchase of any security or involving the making of any false filing with in any jurisdiction .

 

(c)
Everenergy is not subject to any order, judgment or decree of any court of competent jurisdiction temporarily, preliminarily
or permanently restraining or enjoining them from engaging in or continuing any conduct or practice in connection with the
sale or purchase of any security or involving the making of any false filing with in any jurisdiction.

 

4.4
Disclosure of Transference of Control.

 

(a)
Everenergy understands and accepts that certain legal and regulatory filings and disclosures will be required in order to properly
and legally execute the transfer of control of Party B’s 29% portion of the shares and assets. Such filings and disclosures
include, but are not limited to the filing of a Schedule 14C Information Statement pursuant to Section 14(c) of the Securities
Exchange Act of 1934, a Form S-1 Registration Statement or a Form 8-K with the United States Securities and Exchange Commission,

 

(b)
Everenergy will assist fully in the preparation and filing of all such required filings in order to fully insure that all required
filings are executed and filed properly and in a timely manner.

 

4.5
Everenergy warrants that it shall deliver to APOLO all of rights, titles and interests in the 29% of the shares of Party B, the
company and the assets and all attendant or related assets, including, but not limited to: proprietary intellectual property,
maps, documents, deeds, files, titles, patents, know-how and good-will, together with any other item, assets, products, files,
records, documents, signatures, interests or rights pertaining to or relating to the Assets in keeping with the intentions and
the spirit of this Agreement.

 

    	 

    	 

    

 

4.6
Everenergy warrants that all translations in English of all documents, as required by the US Securities Act shall be accurate
legal translations and that any discrepancy between the original documentation and the English translation, the English translation
shall take precedence.

 

4.7
Everenergy warrants and confirms that immediately upon closing it will, undertake a full and up-to-date audit of the financial
position of Everenergy, which audit will be conducted by an auditor qualified by the Public Company Accountability Oversight Board
(P.C.A.O.B.)

 

ARTICLE
V 

MISCELLANEOUS
PROVISIONS

 

5.1
Parties in Interest. This Agreement shall be binding upon and inure to the benefit of the Parties hereto, and the heirs
and personal representatives of each of them, but shall not confer, expressly or by implication, any rights or remedies upon any
other party.

 

5.2
Confidentiality. The Parties agree that the terms and conditions of this agreement shall be kept strictly confidential
and shall not reveal or divulge to any third party or entities other than for regulatory filings or tax purposes and/or pursuant
to a court order. The parties further agree that any dissemination of this agreement shall not be made without prior written consent
of the other party.

 

5.3
Governing Law. This Agreement is made and shall be governed in all respects, including validity, interpretation and effect,
by the laws of the State of Nevada.

 

5.4
Shares to Be Held In Escrow. The Parties agree that all shares issued, pursuant to the terms and conditions of this agreement,
shall be issued as soon as practicable following the signing of this agreement, but all shares so issued SHALL BE HELD IN ESCROW
and shall be deemed to be in the full control of the issuing party until the Closing.

 

    	 

    	 

    

 

5.5
Notices. All notices, requests or demands and other communications hereunder must be in writing and shall be deemed to
have been duly made if personally delivered or mailed, postage prepaid, to the parties as follows:

 

(a)
If to APOLO: APOLO GOLD & ENERGY ASIA LIMITED, 9th floor, Kam Chung Commercial Bldg, 19-21 Hennessy Road, Wanchai, Hong Kong
..

 

(b)
If to Mr. Hu Qinjian - 13th floor, Tower B, Jin Shan Building, 8 Sanxi Road, Gulou District, Nanjing, Jiangsu Province, PRC

 

(c)
If to EVERENERGY: Jiangxi Everenergy New Material Co., Ltd, Chunshui Road, Yichun Economic Development Zone, Jiangxi China.

 

Any
party hereto may change its address by written notice to the other parties given in accordance with this Section 5.5.

 

5.6
Entire Agreement. This Agreement contains the entire agreement between the Parties and supersedes all prior agreements,
understandings and writings between the Parties with respect to the subject matter hereof. Each party hereto acknowledges that
no representations, inducements, promises or agreements, verbal or otherwise, have been made by either party, or anyone acting
with authority on behalf of either party, which are not embodied herein, and that no other agreement, statement or promise may
be relied upon or shall be valid or binding. Neither this Agreement nor any term hereof may be changed, waived, discharged or
terminated verbally. This Agreement may be amended or any term hereof may be changed, waived, discharged or terminated by an agreement
in writing signed by each of the parties hereto.

 

5.7
Captions and Headings. The article and section headings throughout this Agreement are for convenience and reference only,
and shall in no way be deemed to define, limit or add to the meaning of any provision of this Agreement.

 

5.8
Attorneys’ Fees. In the event of any litigation between the parties hereto, the nonprevailing party shall pay the
reasonable expenses, including the attorneys’ fees, of the prevailing party in connection therewith.

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement as of the day end year first above written

 

	ON BEHALF OF	 
	 	 	 
	APOLO GOLD & ENERGY ASIA LIMITED:	 
	 	 	 
	/s/
    Kelvin Chak	 	 
	Designated Signing Authority	 
	Kelvin Chak	 
	President,
    CEO	 	 
	 	 	 
	ON BEHALF OF PARTY B	 
	 	 	 
	/s/ Hu Qinjian	 	 
	Mr.
    Hu Qinjian	 	 
	 	 	 
	ON
    BEHALF OF	 	 
	Jiangxi Everenergy New Material Co. Ltd.	 
	 	 	 
	 	 	 
	Designated Signing Authority	 

    	 

    	 

    

 

APPENDIX
A

 

List
of Assets

 

	ON
    BEHALF OF EVERENERGY	 
	 	 
	 	 
	Designated
    Signing Authority	 
	DirectorRELEASE
AND COMPENSATION AGREEMENT

 

THIS
RELEASE AND COMPENSATION AGREEMENT (the “Agreement”) is made effective as of the 9th day of January, 2014.

 

BETWEEN:

 

SILVERSTAR
MINING CORP. of 1489 West Warm Springs Road, Ste. 110, Henderson, Nevada (the “Company”)

 

AND:

 

GUY
MARTIN, of 1671 SW 105th Lane, Davie, FL 33324 (“Martin”).

 

WHEREAS:

	A.	Martin
                                         has provided certain consulting services to the Company and has served as chief executive
                                         officer, chief financial officer, and as a director of the Company since August 11, 2013
                                         (the “Services”); and
	 	 
	B.	Martin
                                         wishes to resign as an officer and director of the Company following completion and filing
                                         of the Company’s Annual Report on Form 10-K for the period ended September 30,
                                         2013 (the “September 2013 10-K”); and
	 	 
	C.	Martin
                                         and the Company wish to document their mutual understanding and agreement regarding Martin’s
                                         resignation and compensation for the Services.

 

THEREFORE,
in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration (the receipt
and sufficiency of which are hereby acknowledged), the parties hereto covenant and agree as follows:

 

		1.	In
                                         full consideration of Services and of the undertakings of Martin in this Agreement, the
                                         Company shall (i) pay to Martin the aggregate sum of $28,050 and (ii) shall issue Martin
                                         5,000 fully paid up and non-assessable shares of common stock of the Company (the “Shares”),
                                         (collectively, the “Severance Payment”) . The Severance Payment shall
                                         be paid and made as follows: :

 

		a.	$2,000
                                         upon execution of this Agreement;
	 	 	 
		b.	$3,800
                                         upon filing of the September 2013 10-K with the Securities and Exchange Commission (the
                                         “SEC”);
	 	 	 
		c.	$6,500
                                         upon the earlier of filing with the SEC of the Company’s Quarterly Report on Form
                                         10-Q for the period ended December 31, 2013 and January 31, 2014.;
	 	 	 
		d.	$12,000
                                         on or before February 28, 2014; and
	 	 	 
		e.	A
                                         final payment of $3,750 shall be made and the Shares shall be issued to Martin on or
                                         before March 31, 2014.

 

    	 

    	 

    

 

In
addition, at the time of execution of this Agreement, the Company shall deliver to Martin an executed copy of a Board of Director’s
resolution of the Company which authorizes the Company to execute this Agreement and make the payments, issue the Shares and give
the releases contained herein.

 

		2.	All
                                         compensation deliverable to Martin hereunder shall be made as follows:

 

	 	a.	all
                                         payments shall be made in U.S. Dollars, in cash or wire transfer to an account specified
                                         by Martin;
	 	 	 
	 

                                                                     
	b.	the
                                         Shares shall be issued in the name of Martin or his designee; and
		c.	all
                                         cash payments made and the Shares upon issue shall be delivered to Martin in person or
                                         by courier to him at the address first written above, or to such other address specified
                                         by Martin in writing from time to time.

 

		3.	In
                                         additional consideration to the Company for the compensation payable pursuant to above
                                         Section 1, Martin agrees as follows:

 

		a.	Martin
                                         will resign as an officer and director of the Company with effect immediately following
                                         the filing of the September 2013 10-K with the SEC;
	 	 	 
		b.	Martin
                                         will assist the Company in the preparation of its financial statements for the period
                                         ended December 31, 2013 as reasonably required to timely file the Company’s Quarterly
                                         Report on Form 10-Q for that period;
	 	 	 
		c.	Subject
                                         to the temporary retention of any documents required to complete Martin’s assistance
                                         in preparing the financial statements and other actions set forth above , Martin will
                                         promptly return all accounting records, corporate records, minute books, and other documents
                                         in his possession relating to the business of the Company;

 

	4.	Subject
                                         to timely receipt in full by Martin of the Severance Payment payable in accordance with
                                         above Sections 1 and 2 and timely performance of all other agreements and obligations
                                         of the Company set forth in this Agreement, Martin, on behalf of himself and his heirs,
                                         executors, successors and assigns, hereby releases, acquits, holds harmless and forever
                                         discharges WITH PREJUDICE the Company and its past and present directors, officers, attorneys,
                                         principals, agents, and employees, jointly and severally, from any and all claims, counterclaims,
                                         cross claims, demands, actions or causes of action arising from Martin’s services
                                         as a director, officer and consultant to the Company , including, but not limited to,
                                         compensatory damages, statutory damages, exemplary damages, punitive damages, declaratory
                                         and injunctive relief, costs, expenses, and attorneys' fees.
	 	 
	5.	Subject
                                         to the discharge of Martin’s obligations in accordance with above Section 3, ,
                                         the Company, on behalf of itself and its past and present affiliates, parents, subsidiaries,
                                         directors, officers, agents, employees, representatives, successors and assigns, hereby
                                         irrevocably releases, acquits, holds harmless and forever discharges WITH PREJUDICE Martin
                                         and his representatives, heirs, successors and assigns, jointly and severally, from any
                                         and all claims, counterclaims, cross claims, losses, damages, demands, actions or causes
                                         of action whatsoever now existing, or may in the future arise or exist arising from (i)
                                         Martin’s services as a director, officer and consultant to the Company and (ii)
                                         the assistance and additional actions Martin agrees to perform under Section 3 above,
                                         including, but not limited to, compensatory damages, statutory damages, exemplary damages,
                                         punitive damages, declaratory and injunctive relief, costs, expenses, and attorneys'
                                         fees. Immediately upon the later to occur of completion by Martin of the actions required
                                         of Martin in Section 3 (b) and 3 (c) above, the Company shall execute and deliver to
                                         Martin a supplemental side letter release and confirmation (“Supplemental Release
                                         Confirmation”) that Martin has complied with his obligations under such sections.
                                         The Supplemental Release Confirmation shall be in the form set forth in Exhibit A attached
                                         hereto.

 

    	 

    	 

    

 

	6.	This
                                         Agreement is subject to and is to be governed, construed and interpreted by the laws
                                         of the State of Florida and the federal laws applicable therein. Any law suits or actions
                                         brought or filed under this Agreement shall be filed in the courts of the State of Florida
                                         which shall have personal jurisdiction and each party to this Agreement hereby waives
                                         any claim to an inconvenient forum. The Company agrees that any process may be served
                                         on it (i) by mail or delivery to any of its officers in Florida or elsewhere or (ii)
                                         in any other manner permitted by Florida law.
	 	 
	7.	All
                                         notices and other communications hereunder shall be in writing and shall be deemed to
                                         have been duly given if mailed or transmitted by any standard form of telecommunication.
	 	 
	8.	This
                                         Agreement contains the entire agreement between the parties hereto with respect to the
                                         subject matter herein, and there are no other terms, conditions, representations or warranties,
                                         whether expressed, implied, oral or written, by statute or common law, by Martin, the
                                         Company or by anyone else.
	 	 
	9.	This
                                         Agreement may be executed in any number of counterparts, each of which, when so executed
                                         and delivered, shall constitute an original and all of which together shall constitute
                                         one instrument. Delivery of an executed copy of this Agreement by electronic facsimile
                                         transmission or other means of electronic communication capable of producing a printed
                                         copy will be deemed to be execution and delivery of this Agreement as of the date hereinafter
                                         set forth...
	 	 
	10.	The
                                         parties hereto agree that they shall execute any and all other and further documents
                                         which are or become necessary to accomplish the purpose of this Agreement.
	 	 
	11.	Notwithstanding
                                         any provision to the contrary set forth in this Agreement, the releases, discharges,
                                         set forth in and hold harmless provisions of this Agreement shall no longer be applicable
                                         and shall not prevent either party hereto from making or filing any claim, demand or
                                         lawsuit in the event the other party should at any time fail to timely perform or be
                                         in breach of the terms of this Agreement.

 

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

 

SILVERSTAR
MINING CORP.

 

	Per:	/s/
    Jared Robinson	 
	 	Jared
    Robinson	 
	Its:	Chairman	 
	Place:	Palm
    Beach County, Florida	 
	 	 	 
	/s/
    Guy Martin	 
	Guy
    Martin	 
	Place:	Broward
    County, Florida

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