Document:

Ex 10.1

  

 SALES PURCHASE CONTRACT OF MINING PROSPECTING TECHNICAL INFORMATION SUBSCRIBED ON ONE HAND BY A) CORPORACIÒN KEDAH, S. A. DE C. V., REPRESENTED IN THIS ACT BY HÉCTOR MANUEL CERVANTES SOTO IN HIS PERSONALITY AS SOLE ADMINISTRATOR AND LEGAL REPRESENTATIVE (THE VENDOR) AND, ON THE OTHER HAND BY, B) TARA MINERALS CORP., REPRESENTED IN THIS ACT BY RICHARD BISCAN, JR., IN HIS PERSONALITY AS LEGAL REPRESENTATIVE, JOINTLY NAMED (THE PARTIES), AND AMERICAN METAL MINING, S. A. DE C. V., BEING PRESENT REPRESENTED IN SUCH AN ACT BY RAMIRO TREVIZO GONZÀLEZ IN HIS PERSONALITY AS GENERAL PROXY (“AMM”), SUBJECTED TO THE FOLLOWING PREVIOUS RECORDS, DECLARATIONS AND CLAUSES.
 

 PREVIOUS RECORDS
 

 I. 
 The VENDOR is in the owner ship of certain technical information related with the mining Project known as “La Verde” (the INFORMATION), and same that is integrated by the 2 (two) mining lots described following and to date still pending of being registered before competent authorities and title holding belongs to AMM (the FUTURE CONCESSIONS)  
 

 	 	
	 Lot:
	 MINA EL ROSARIO

	 File :
	 095/13646

	 Surface:
	 54.2402 Hectares.

	 Location:
	 Municipality of Choix,
 State of Sinaloa.

 

 	 	
	 Lot:
	 LA VERDE 5

	 File:
	 095/13521

	 Surface:
	 72.7999 Hectares.

	 Location:
	 Municipality of Choix,
 State of Sinaloa.

 

 1
 SALESPURCHASE CONTRACT OF PROSPECTING MINING TECHNICAL INFORMATIONSUBSCRIBED BETWEEN CORPORACIÒN KEDAH, S. A. DE C. V. AND TARA MINERALS CORPORATION
 
 

 III.
 For purposes of clarity and certainty, a detailed description of the INFORMATION attached to this present writing as Annex I.
 

 IV.
 It being that the PURCHASER is proprietor of 99.99 ((ninety nine point ninety nine per cent) of the AMM’s social capital, and taking into consideration that the INFORMATION is necessary in order to carry out prospecting and promotion adequately regarding the FUTURE CONCESSIONS, upon the corresponding registry being duly granted by the competent authority, in past days the VENDOR stated his will to acquire them.
 

 V.
 The VENDOR estimated the PURCHASER’S proposal as feasible because it benefits his interests, and;
 

 VI.
 Having had the opportunity of agreeing regarding the terms and conditions included in this present contract, PARTIES decided to go ahead in its preparation and subscription for purposes of clarity and certainty.
 

 DECLARATIONS
 

 I.
 The VENDOR declares through the offices of his legal representative and under oath of stating the truth, that:
 

 1.
 It is a Mexican mercantile society, specifically a Stock Company with Varying Amount of Capital, duly established and operating in agreement with the applicable and current legislation of the United States of Mexico as witnessed in Public Writ number 11,750 granted on the 23rd  July 2009 before testimony of Jorge Mazpùlez Pèrez, Attorney at Law and Public Notary number 14 for the Morelos Judicial District, State of Chihuahua, and instrument that was correctly inscribed in the Public Registry of Property and Commerce of said district under electronic mercantile folio number 25,362*10 as of the 18th August 2009 and reason why it enjoys the personality and necessary as well as sufficient capacity to intervene in this present judicial act;
  
 

 2
 SALESPURCHASE CONTRACT OF PROSPECTING MINING TECHNICAL INFORMATIONSUBSCRIBED BETWEEN CORPORACIÒN KEDAH, S. A. DE C. V. AND TARA MINERALS CORPORATION
 
 

 2.    Its representative enjoys the faculties, the sufficient and necessary powers and mandates to subscribe this present contract in the VENDOR’S representation as already proven in the before indicated numeral, and same that have not been limited, restrained, suspended or revoked to date.
 

 

 3.
 To be the legitimate proprietor of the INFORMATION.
 

 

 4.
 To date there does not exist a current contract or agreement of any kind that includes in its object the INFORMATION either directly or indirectly, reason why the subscription of this present instrument does not imply non compliance whatsoever on the part of the VENDOR to engagements previously acquired nor does it affect any right previously granted in favor of third parties, situation that guarantees as of now in favor of the PURCHASER all legal aspects that may arise, and;
 

 

 5.
 It is his will to sell in favor of the PURCHASER the totality of the INFORMATION heeding in every instance to the terms and conditions of this present contract.
 

 

 II.
 The PURCHASER declares through the offices of his legal representative and under oath of stating the truth, that:
 

 1.
 It is an American corporation, duly established and operating in agreement with the applicable and current legislation of its place of constitution and residence, reason why it enjoys the personality, the sufficient and necessary capacity to intervene in this present judicial act;
 

 

  
 

 3
 SALESPURCHASE CONTRACT OF PROSPECTING MINING TECHNICAL INFORMATIONSUBSCRIBED BETWEEN CORPORACIÒN KEDAH, S. A. DE C. V. AND TARA MINERALS CORPORATION
 
 

 2.   Its representative enjoys the faculties, the sufficient and necessary powers and mandates to subscribe this present contract in the PURCHASER’S representation as already proven in the before indicated numeral, and same that have not been limited, restrained, suspended or revoked to date.
 

 3.
 As it has been established already, to date he is the proprietor of 99.99 % (ninety nine point ninety nine per cent) of AMM’S social capital, and;
 

 

 4.
 Because it so suits his interests regarding the FUTURE CONCESSIONS, it is his will to buy from the VENDOR the totality of the INFORMATION heeding in every instance to the terms and conditions of this present contract. 
 

 

 II.
 AMM declares through the offices of its legal representative and under oath of stating the truth, that:
 

 1.
 It is a Mexican mercantile society, specifically a Stock Company with Varying Amount of Capital, duly established and operating in agreement with the applicable and current legislation of the United States of Mexico as witnessed in Public Writ number 17,227 granted on the 4th  December 2006 before testimony of Eugenio Fernando Garcìa Russek, Attorney at Law and applicant to the position of Public Notary and ascribed to Public Notary number 28 for the Morelos Judicial District, State of Chihuahua, per license of the office’s Title Holder Felipe Colomo Castro, and instrument that was correctly inscribed in the Public Registry of Property and Commerce of said district under electronic mercantile folio number 23,327*10 as of the 22nd  December 2006 and reason why it enjoys the personality and necessary as well as sufficient capacity to intervene in this present judicial act;
 

 

  
 

 4
 SALESPURCHASE CONTRACT OF PROSPECTING MINING TECHNICAL INFORMATIONSUBSCRIBED BETWEEN CORPORACIÒN KEDAH, S. A. DE C. V. AND TARA MINERALS CORPORATION
 
 

 2.  Its representative enjoys the faculties, the sufficient and necessary powers and mandates to subscribe this present contract in AMM’S representation as already proven in Public Writ number 22,497, granted on the 10th June 2008 before testimony of Mrs. Elsa Ordòñez Ordòñez, applicant to the office of Notary Public and ascribed to Public Notary number 28 of the Morelos Judicial District and acting per license of the office’s Title Holder Felipe Colomo Castro, and instrument that was correctly inscribed in the Public Registry of Property and Commerce of said district under mercantile electronic folio number 23,327*10 as of the 19th June 2008 and same that have not been limited, restrained, suspended or revoked to date, and;
 

 3.
 It is his will to appear during the subscription of this present contract with the specific purpose of granting in guarantee in favor of the VENDOR the rights derived of the FUTURE CONCESSIONS, heeding in every instance to the terms and conditions included following.
 

 II.
 Both PARTIES declare, as well as AMM through the offices of their respective legal representatives and under oath of stating the truth, that they assist to the subscription of this present document in good faith, free of deceit, error, violence or any other vitiation in their consent with the purpose of committing themselves to the following:
 

 CLAUSES
 

 FIRST. OBJECT: By virtue of the subscription of this contract the VENDOR commits himself and sells in this same act in favor of the PURCHASER the totality of the INFORMATION related directly with the mining project known as “El Rosario”, same to be integrated by the FUTURE CONCESSIONS once its registry is granted by competent authorities. On his part, the PURCHASER commits himself to buy and in this same act buys from the PURCHASER the object described, committing himself to pay a certain and determined price per the following clauses.
 

 

 5
 SALESPURCHASE CONTRACT OF PROSPECTING MINING TECHNICAL INFORMATIONSUBSCRIBED BETWEEN CORPORACIÒN KEDAH, S. A. DE C. V. AND TARA MINERALS CORPORATION
 
 

 SECOND. PRICE: For the sale of the INFORMATION, the PURCHASER obliges himself to pay in favor of the VENDOR the total amount of $740,000.00 Dollars (Seven hundred and forty thousand Dollars 00/100 in United States Currency) (The PRICE).
 

 THIRD. MANNER, TIME AND PRICE PAYMENT: PARTIES agree that the PRICE be paid upon the date of signature of this present contract through the issuance and delivery in favor of the VENDOR within the following fifteen (15) able days the amount of 370,000 (three hundred and seventy thousand) PURCHASER common shares, THAT IS, Tara Mineral Corp., (TARM), same that will be issued subject to Rule 144 of the Securities Act of 1933, of forceful application in the stock market in which the described shares are exchanged, among other applicable and current legal disposition (the SHARES).
 

 Regarding the SHARES it is expressly convened that the corresponding title will be delivered in favor of the VENDOR as soon as possible once the issuance of the corresponding paper work is completed before the respective stock authority.
 

 The VENDOR accepts that 185,000 (one hundred and eighty five thousand) of the shares can be exercised and, consequently, sold in the corresponding stock market within a time lapse of 6 (six) months as of the date of issuance and delivery of the respective title in his favor, and the remaining SHARES, that is 185,000 (one hundred and eighty five thousand) can be exercised and sold within a time limit of 12 (twelve) months as of the date of issuance and delivery of the corresponding title.
 

 On his part, the PURCHASER commits himself to guarantee and in this act guarantees that the stock value of the SHARES upon the date of their exercise and sale on the part of the VENDOR must be $2,00 Dollars (Two Dollars 00/100 in United States Currency), each.
 

 It is expressly agreed that, in case the stock market value of the SHARES as of the date of their exercise and sale by the VENDOR be less than $2.00 dollars (Two Dollars United States Currency), each, the PURCHASER should issue in favor of the VENDOR an amount of shares required that, as derived from their sale, this latter may factually collect the total amount of $740,000.00 Dollars (Seven hundred and forty thousand Dollars United States Currency), same that will be issued per 
 

 6
 SALESPURCHASE CONTRACT OF PROSPECTING MINING TECHNICAL INFORMATIONSUBSCRIBED BETWEEN CORPORACIÒN KEDAH, S. A. DE C. V. AND TARA MINERALS CORPORATION
 
 

 Rule 144 of the Securities Act of 1933, of forceful application in the stock market in which the described shares are exchanged, among other applicable and current legal dispositions.
 

 Finally, PARTIES agree that the VENDOR will be the only responsible of instituting the paper work for the sale of the SHARES at the proper time, assuming the respective cost, and notifying the PURCHASER in all opportunity of the corresponding stock value in order to go ahead, as applicable, with the terms of the foregoing paragraphs without harm of respecting the right of preference contemplated in the following Sixth clause.
 

 FOURTH. DELIVERY OF THE INFORMATON:  The VENDOR delivers upon this same date in favor of the PURCHASER the totality of the INFORMATION, duly supported and backed regarding their nature.
 

 Consequently, the VENDOR obliges himself to safe keep in total confidence as of this date anything regarding the INFORMATION, as well as to destroy the whole of the support and back up it keeps regarding same.
 

 FIFTH. GUARANTEE: With the purpose of guaranteeing the validity and exchange of the SHARES by virtue of the subscription of the contract, AMM constitutes a specific guarantee in favor of the VENDOR regarding 100 % (one hundred per cent) rights that to date it holds regarding the FUTURE CONCESSIONS.
 

 The VENDOR expressly accepts acknowledging the reach of the guarantee described. Consequently, for as long as the SHARES are valid and legally recognized in the corresponding stock market and same can be exercised and sold after the time lapse of the 12 (twelve) months before indicated, it will be understood that payment obligation on the part of the PURCHASER has been satisfied in full. In such a lieu, the PURCHASER will not be held responsible of the impossibility of the sale of the SHARES in the stock market for reason attributable to the VENDOR o to any other person related with this latter, but only on the validity, legality and exchangeability of them, as has been set down.
 

 

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 SALESPURCHASE CONTRACT OF PROSPECTING MINING TECHNICAL INFORMATIONSUBSCRIBED BETWEEN CORPORACIÒN KEDAH, S. A. DE C. V. AND TARA MINERALS CORPORATION
 
 

 SIXTH. RIGHT PREFERENCE: By virtue of the subscription of this contract, the VENDOR grants in favor of the PURCHASER a right of preference to acquire 100 % (one hundred per cent) of the SHARES once these have been legally exercised and sold in the corresponding stock exchange.
 

 To such an effect, the VENDOR commits himself as of this moment to notify in writing and in all opportunity the PURCHASER of his intention of selling part or the whole of the SHARES. The PURCHASER will enjoy a time of grace of 30 (thirty) natural days to exercise the right described. In case the PURCHASER decides not to exercise his right of preference o just does not answer in writing the VENDOR’S notification of this latter’s intent of sale within the described time lapse, he will be free to go ahead and sell the SHARES in the corresponding stock market, paying attention to the adjustment process of the number of shares and the guaranteed price per share as described in the previous Third Clause.
 

 SEVENTH. CONFIDENTIALITY: PARTIES commit themselves expressly to keep in a confidential character the whole of past, present and future information related with this instrument, and extending same confidentiality responsibility to subjects to whom such confidential information is disclosed.
 

 The PARTY recipient of confidential information must limit access to it to its representatives or employees who, under a justified and reasonable cause, should request access to such information. In such cases, PARTIES must hold these people equally responsible, committed and in solidarity regarding the confidential obligations imposed upon the subjects such confidential information is disclosed to.
 

 For purposes of this present clause, the following will not be considered confidential information: 1. Information legitimately known and obtained by the recipient PARTY prior to the subscription of this agreement; 2. Information that to date or in the future become of public domain if and ever such consideration did not stem from a non compliance by any of the PARTIES to the stipulations set down in this clause; or 3. Information that must be rereleased to  per law or and administrative or judicial mandate by competent authorities, including those of the stock exchange.
 

 

 8
 SALESPURCHASE CONTRACT OF PROSPECTING MINING TECHNICAL INFORMATIONSUBSCRIBED BETWEEN CORPORACIÒN KEDAH, S. A. DE C. V. AND TARA MINERALS CORPORATION
 
 

 PARTIES agree that the duration of the obligations contracted by virtue of this present clause will subsist indefinitely, even after the termination of this present instrument.
 

 EIGHTH. NON COMPLIANCE AND CANCELLATION: PARTIES convene that, in case on of them does not comply with any of the obligations assumed by virtue of the subscription of this present instrument, these latter will be in their right to request the forceful compliance to the obligation omitted, on one hand, or the cancellation of this present contract on the other, as well as payment of an indemnity for harms and damages in both cases.
 

 The before stated, without harm of a possible execution of the specific guarantee granted in favor of the VENDOR under the terms o the Fifth previously mentioned clause.
 

 NINTH. ADDRESSES AND CONTACT TELEPHONES: PARTIES agree in indicating as their addresses and contact telephones for any and all purposes regarding the execution and compliance of the terms and conditions of this present instrument, and well as to deliver announcements, notifications and other communications related with same, the following:
 

 	 	
	 VENDOR
 

 Av. Independencia 2812
 

 Col. Santa Rosa, C. P. 31050
 

 Ciudad de Chihuahua, Chihuahua
 

 Phone: 52-614-415-1971
	 PURCHASER
 

 2162 Acorn Court
 

 Wheaton, C. P. 60187
 

 Illinois, E. U. A.
 

 Phone: 01-630-462-0493

  

 

 	
	  

  

 9
 SALESPURCHASE CONTRACT OF PROSPECTING MINING TECHNICAL INFORMATIONSUBSCRIBED BETWEEN CORPORACIÒN KEDAH, S. A. DE C. V. AND TARA MINERALS CORPORATION
 
 
 

 

 	
	 AMM:
 

 Calle California 5101, local 206
 

 Edificio Ejecutivo Vèrtice
 

 Col. Hacienda de Santa Fe, C. P. 31214
 

 Ciudad de Chihuahua, Chihuahua
 

 Phone 52-614-200-8483

  

 

 TENTH. ANNOUNCEMENTS, NOTIFICATION AND COMMUNICATIONS: PARTIES convene that any announcement, notification or communication necessary to surrender to their counterparts, must be done in writing.
 

 Sending of such documents can be carried out via two means: 1. Per ordinary couriers service delivered on hand or by certificate mail with acknowledgement of receipt, or; 2. By electronic mail. In this letter case, forwarding will only be considered valid and legally accomplished when reception of the respective electronic mail is confirmed likewise, electronically, within the following three (3) natural days in an expressed manner through an answering and confirmation service sent back by the addressee. 
 

 ELEVENTH. CONTACT PERSONNEL: PARTIES agree that the totality of announcements, notification or communications necessary to be issued as derived from the terms and conditions of this present instrument must be forwarded indistinctly to the following persons:
 

 	 	
	 VENDOR
 

 HECTOR MANUEL
 CERVANTES SOTO
 

 AGUSTÌN CERÒN GUEDEA
	 PURCHASER
 

 

 RICHARD BISCAN, JR.

  

 	
	  

  

 10
 SALESPURCHASE CONTRACT OF PROSPECTING MINING TECHNICAL INFORMATIONSUBSCRIBED BETWEEN CORPORACIÒN KEDAH, S. A. DE C. V. AND TARA MINERALS CORPORATION
 
 
 

 

 	
	 AMM
 

 RAMIRO TREVIZO LEDEZMA
 

 RAMIRO TREVIZO GONZÀLEZ

  

 

 In case it is their will to change the personnel contacts, PARTIES agree in notifying their counterparts of such a fact at least 5 (five) natural days in advance before the factual date of change of contact personnel. Not complying to the obligation described herein will imply that announcements, notification or communications sent and delivered in the name of the original addressees of the PARTY carrying out the change, will hold all legal effects in favor of the PARTY not having been advised in all opportunity as of the date of delivery and for as long as the non compliance subsists.
 

 TWELFTH. TOTALITY OF THE CONTRACT: PARTIES  accept that this present agreement contains the totality of the agreements between them regarding the object and leaving without effect as well as cancelling the whole of agreements, reports, negotiations, correspondence, commitments and communications carried out previously between them either in writing o verbally.
 

 THIRTEENTH. SEPARATE SCORES: PARTIES  and AMM expressly agree that this present contract will be considered subscribed and valid, for all legal effects that may arise, even though same be signed in separate scores by each, and the corresponding granting of consent will simply be acknowledged through the reception by any electronic means of an ordinary copy of the instrument duly signed, without harms that afterwards it be integrated in one single copy with the autograph signature of the PARTIES and AMM for purposes of  better formality.
 

 FOURTEENTH. APPLICABLE LAW: This present instrument will abide and will be interpreted in agreement with the applicable and current legal disposition of the United States of Mexico.
 

 FIFTEENTH. JURISDICTION: In case controversies may arise in relation with the validity, intention, interpretation, execution or compliance of this contract, PARTIES 
 

 11
 SALESPURCHASE CONTRACT OF PROSPECTING MINING TECHNICAL INFORMATIONSUBSCRIBED BETWEEN CORPORACIÒN KEDAH, S. A. DE C. V. AND TARA MINERALS CORPORATION
 
 

 expressly agree to submit same before the competent courts of law of the Morelos Judicial District in the City of Chihuahua, State of Chihuahua, surrendering as of this moment any other jurisdiction or privilege that might correspond to them by reason of their present or future domiciles, or by any other circumstance.
 

 BOTH PARTIES IN THE KNOWLEDGE OF THE FORCE AND LEGAL REACH OF THIS PRESENT CONTRACT, SUBSCRIBE IT AT ADDRESSES AND ON DATES INDICATED FOR SUCH A PURPOSE.
 

 	 	
	 

 VENDOR
 

 CORPORACIÒN KEDAH, S.A. DE C.V.
 

 Represented in this act by:
 

 HECTOR MANUEL
 CERVANTES SOTO
	 

 PURCHASER
 

 

 

 Represented in this act by:
 

 RICHARD BISCAN, JR.
 

	 

 AMM:
 

 AMERICAN METAL MINING, S. A. DE C. V.
 

 Represented in this act by:
 

 RAMIRO TREVIZO GONZÀLEZ
 

 Location:________________________________
 

 Date____________________________________

  

 

 Annex I
 

 Description of the information
 

 (To be included and attached)
 

 

 

 
 12
 SALESPURCHASE CONTRACT OF PROSPECTING MINING TECHNICAL INFORMATIONSUBSCRIBED BETWEEN CORPORACIÒN KEDAH, S. A. DE C. V. AND TARA MINERALS CORPORATIONEx 10.2

  RENDERING OF SERVICES CONTRACT CELEBRATED ON ONE HAND BY A) AMERICAN METAL MINING, S. A. DE C. V:, REPRESENTED IN THIS ACT BY MR. RAMIRO TREVIZO LEDEZMA IN HIS PERSONALITY AS LEGAL REPRESENTATIVE (HENCEFORTH KNOWN AS THE “CLIENT”) AND ON THE OTHER BY MACO PBB, S. A. DE C. V., REPRESENTED IN THIS ACT BY MR. CARLOS ALBERTO MARTÍNEZ IN HIS PERSONALITY AS LEGAL REPRESENTATIVE (HENCEFORTH KNOWN AS THE “LENDER”) IN ACCORDANCE WITH THE FORTHCOMING STATED PREVIOUS RECORDS, DECLARATIONS AND CLAUSES.
 

 

 CLAUSES
 

 

 I.
 In recently past days, the CLIENT subscribed a transfer of mining rights contract   with different people in order to acquire 100 % of the rights derived from the   concession named “TANIA”, described in detailed in the table immediately below   (the “CONCESSION”):
 

 

 	 	
	 Title
	 n/d

	 File
	 102/00407

	 Surface
	 3,233-01-47 Hectares

	 Locaton
	 Pedro Núñez Ejido, Municipality of Manzanillo, Stateof Colima.

  

 

 

 II.
 The CLIENT requires the support of people involved in mining expertise, 
 specifically in the process of diverse mineral materials to be extracted from the   location comprising the CONCESSION in order to obtain concentrate from such   material;
 

 III.
 The CLIENT estimates that the LENDER accounts with the necessary and 
 sufficient materials as well as human resources in order to completely comply with   the obligations he contracts by the subscription of this instrument;
 

 IV.
 The LENDER considers that the CLIENT satisfies the economic resources 
 required and, additionally, the solvency and liquidity in order to satisfy completely   the obligations he contracts by the subscription of this present contract, and;
 

 V.
 By virtue of the before stated, PARTIES have decided to subscribe this present 
 contract in writing.
 

 

 DECLARATIONS
 

 1
 

 RENDERING OF SERVICES CONTRACT SUBSCRIBED BETWEEN AMERICAN METAL MNING, S. A. DE C: V: AND MACO PBB MEXICO, S. A: DE C: V: ON THE 4TH MAY 2011.
 

 
 
 I.
 The CLIENT declares through the offices of his legal representative and under oath   of stating the truth, that:
 

 1: It is a Mexican mercantile society, specifically a Stock Company with Varying   Amount of Capital, duly established and in operation in agreement with the   applicable and current legislation of the United States of Mexico, as witnessed in   Public Writ number 17,227, granted on the 4th December 2006 before testimony of   Mr. Eugenio Fernando García Russek, Attorney at Law and applicant to the office   of Notary Public, and ascribed to Public Notary number 28 of the Morelos Judicial   District, State of Chihuahua and acting as Public Notary per license of the office’s   title holder Mr. Felipe Colomo Castro, Attorney at Law, and instrument that was   duly inscribed before the Public Registry of Property and Commerce of said district   under electronic mercantile folio number 23,327*10 as of the 22nd December 2006,   and reason why he enjoys the sufficient and necessary capacity to intervene in this   present judicial act;
 

 2.  Its representative enjoys the faculties, powers, the sufficient and necessary 
 mandates in order to subscribe this present contract in representation of the   LENDER as indicated in this present instrument in its before stated numeral, same   that have not been restrained, limited, suspended or revoked to date;
 

 3. It accounts with the sufficient and necessary economic resources, as well as with   the corresponding solvency and liquidity in order to completely satisfy the   obligations he contracts by virtue of this present contract;
 

 4. To be duly inscribed in the Federal Taxpayers Registry with Fiscal Identification   Card number AMM-061204-4R7 and being to date current in his income tax   payments and other contributions and taxes that might have corresponded in   accordance with the applicable and current legislation concerning fiscal matters.
 

 5. It is the will of its Administration Board to subscribe this present instrument 
 with the purpose that the LENDER undertakes all of the necessary activities to   adequately process the mineral material mentioned above.
 

 

 II.
 The LENDER declares through the offices of his legal representative and 
 under oath of stating the truth, that:
 

 1. It is a mercantile society, specifically a Stock Company with Varying Amount of   Capital, duly established and in operation in agreement with the applicable and   current legislation of the United States of Mexico, as witnessed in Public   Writing   number 45256 granted on the 4th May 2011 before testimony of Mr. Jesús Orlando   Padilla Becerra, Attorney at Law Public Notary number 30 of the State of Mexico   and instrument that was duly inscribed before the Public Registry of Property and   Commerce of said district under electronic mercantile folio number (__________)   as of the (_________). 
 

 

 2
 

 RENDERING OF SERVICES CONTRACT SUBSCRIBED BETWEEN AMERICAN METAL MNING, S. A. DE C: V: AND MACO PBB MEXICO, S. A: DE C: V: ON THE 4TH MAY 2011.
 

 
 
 2. Its representative enjoys the faculties, powers, the sufficient and necessary 
 mandates in order to subscribe this present contract as evinced in Public Writing   number 45256, granted on the 4th May 2011 before testimony of Mr. Jesús Orlando   Padilla Becerra, Attorney at Law and Public Notary number 30 of the State of   Mexico, instrument that is duly inscribed in the Public Registry of Property and   Commerce of said district under electronic mercantile folio number (_____) as of   the (____) of May 2011, and same that have not been limited, suspended or revoked   in any manner whatsoever to date;
 

 3. That it in effect accounts with the necessary, sufficient human and material 
 resources to comply with the obligation he contracts by virtue of this contract and,   additionally, with the experience required in the mining field;
 

 4. That he knows the location where the undertaking will be carried out object of   this present contract having already inspected them thoroughly and, consequently,   having become familiar with the properties and characteristic of same as well as   with factors that will intervene in the execution of same labors;
 

 5. He is aware and understands the applicable and current legal dispositions in 
 mining  matters of the United States of Mexico, as well as with the studies, projects,   prints, specifications, work programs, budgets and other adjoined documents to this   present contract as Annexes;
 

 6. To be duly inscribed in the Federal Taxpayers Registry with Fiscal Identification   Card (_____) and being to date current in his income tax payments and other   contributions and taxes that might have corresponded in accordance with the   applicable and current legislation concerning fiscal matters, and;
 

 7. It is the will of its Administration Board to subscribe this present instrument 
 with the purpose of undertaking the necessary activities for the adequate execution   of the services in favor of the CLIENT.
 

 

 III.
 Both PARTIES declare, through their respective legal representatives, under oath   of stating the truth that they assist to the subscription of this contract per their own  and free will, free of deceit, violence, error, harm or any other vitiation in their   consent in order to commit themselves with the following:
 

 

 CLAUSES
 

 FIRST. OBJECT:  The CLIENT entrusts the LENDER and the LENDER accepts to carry out at location covering the CONCESSION the services of extraction and process of materials and minerals obtained from same that the CLIENT will indicate, specifically the iron metal, among others (the SERVICES) in exchange for a unit price payment per ton indicated in the Third Clause of this instrument as per the terms and conditions set down in the forthcoming clauses:
 

 3
 

 RENDERING OF SERVICES CONTRACT SUBSCRIBED BETWEEN AMERICAN METAL MNING, S. A. DE C: V: AND MACO PBB MEXICO, S. A: DE C: V: ON THE 4TH MAY 2011.
 

 
 SECOND. QUALITY OF CONCENTRATE:  In order that the CLIENT is in the possibility f paying the unit price per ton indicated in the following clause, each concentrate ton of the processed mineral material by the LENDER must have a minimum of 60 & (sixty per cent) of iron ore, in the understanding that if said concentrate does not meet the referred to percentage, the CLIENT will not be obliged to pay for it, a risk imputable to the LENDER due to the low mineral concentrate encountered at lot.
 

 In the event the concentrate does not meet the described specifications in the above written paragraph, the LENDER commits itself to process it once more in order to increase the required characteristics by the CLIENT and specified in this instrument, risk not imputable to the LENDER due to the low mineral concentrate found at lot.
 

 

 THIRD. TERMS AND CONDITIONS: In order to describe the manner in which the SERVICES must be rendered by the LENDER in favor of the CLIENT, there follows the principal terms and conditions applicable to this present contract:
 

 1. The LENDER commits himself to put in use for the rendering of the SERVICES   the totality of machinery and equipment necessary for the purpose, taking charge of   locating them at the site of the CONCESSION or at any other location as is   convenient for the correct rendering of the SERVICES, as well as to withdraw   stated machinery and equipment upon finishing the works. The list of machinery   and equipment that the LENDER must use for the rendering of the SERVICES is   adjoined to this instrument and Annex I.
 

 2. SERVICES will include cutting into the natural terrain, understanding that this   land excavation will be in a determined environment with the purpose of ripping the   land’s over load and reducing the level enabling the conformation of an adequate   support platform for such an effect. Likewise, it will include the removal of the   overburden in the natural terrain should there be the need of, as well as the removal,   the load and hauling of the material, rocks and land as debris generated by the   execution of the SERVICES; this will include the yard explanade, the engineering   and maintenance of the lot’s access roads.
 

 3. The CLIENT commits himself to receive and pay the totality of the concentrate   of the processed mineral material due to the execution of the SERVICES, if and   ever it complies to the specification agreed upon in this present document.
 

 4.  The LENDER will deliver to the CLIENT the concentrate at the site of the 
 CONCESSION as process goes along. However the before stated, the LENDER   will only be able to carry out payment as per the Sixth Clause of this contract per   each 10,000 (ten thousand) tons delivered to the CLIENT.
 

 5. In case the CLIENT needs a modification to the specifications of the concentrate,   he will solicit such to the LENDER at least 72 (seventy two) hours in advance from   the date he requires. In this case, the unit price previously convened may be   modified by the PARTIES.
 

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 FOURTH. COUNTERCLAIM: The CLIENT commits himself to pay to the LENDER for the rendering of SERVICES, per each ton of iron ore concentrate delivered as per the before set specification the amount indicated following:
 

 

 	 	 	 	 	
	 Product
	 Type/tma
	 Quality
	 Unit measure
	 Unit Price – USA Dollars per ton

	 Mineral material
	 Iron ore sands
	 60% minimum iron ore
	 ton
	 $7.75 Dollars

  

 

 The totality of the works or services entrusted in this contract to the LENDER amount to an important value of: $23,250,000.00 (twenty three million two hundred and fifty thousand Dollars 00/100 in United States Currency), if and ever the deposit merits the volume and mineral quality and, if and ever it gathers the requirements of economic feasibility to both parties.
 

 On the other hand, PARTIES convene that the unit price before mentioned can be reviewed each 90 (ninety) days during the duration of this present contract.
 

 

 FIFTH. ADVANCE: The CLIENT obliged himself to surrender as of this date an advance of $175,000.00 Dollars (One hundred and seventy five thousand Dollars 00/100 in United States Currency) in the understanding that it must be applied by the LENDER for office construction, buildings, warehouses and installations, and be it the case, for moving machinery and construction equipment necessary for the rendering of services object of this present contract.
 

 The amount of the advance will be charged to the COUNTERCLAIM to be paid by the CLIENT and will amortized during the first 6 (six) months of duration of this present contract, applying at least 20 % (twenty per cent) to the import of each estimate carried out due to the execution of the SERVICES rendered by the LENDER to such an effect.
 

 In case there be a balance lack to be amortized, this must be liquidated at final estimate, that is, the last to be presented for payment on the part of the LENDER.
 

 

 SIXTH. ESTIMATES: The LENDER expressly agrees that in addition to the advance amount referred to in the Fifth Clause, the remaining COUNTERCLAIM must be paid in agreement with the terms and conditions before stated, that is, per each 10,000 (ten thousand tons) of iron ore concentrate delivered to the CLIENT in agreement with the unit price set down in the Fourth Clause of this instrument.
 

 In order for the CLIENT to be in the possibility of knowing the quality of the iron ore concentrate and is able to pay the described estimates in favor of the LENDER according to the counterclaim indicated in this contract, PARTIES agree that the CLIENT will 
 

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 submit said concentrate to a specialized lab in the matter and of his choice, and payment for said estimates must be done once the lab certificate has been issued certifying the ore’s quality as per the previous Second Clause, in the understanding that the cost of such a certificate will be paid by the CLIENT.
 

 

 SEVENTH. MANNER AND PLACE OF PAYMENT:  The portion of the paid COUNTERCLAIM in cash, will be carried out by the CLIENT in favor of the LENDER through the means of a bank deposit or electronic transfer of funds to bank account number 8005467, Branch 573, CLABE number 0021 8005 7380 0546 76 of Banamex Banking Institution within the following 5 (five) able days of the date in which the specified amount to be paid if made known.
 

 Against payment of any amount, the LENDER must issued and deliver to the CLIENT the corresponding vouchers heeding in every instance to the applicable and current fiscal dispositions.
 

 

 EIGHTH. TERM OF EXECUTION: The LENDER obliges himself to begin the undertakings object of this present contract within 21 (twenty one) able days following the signature of this present instrument, on one hand or payment of the corresponding advance on the other, in the understanding that commencement will begin as of the last matter that takes place. Considering the nature of the SERVICES, the LENDER commits himself to end the SERVICES as becomes convenient to the CLIENT.
 

 

 NINTH. DURATION: This present contract will begin to be in effect as of the date of its subscription and will remain current until the date of the termination of the SERVICES and the corresponding end payment. Non the less, depending upon the nature and difficulty of the works object of this contract as well as by the entrustment on the part of the CLIENT of additional or different works, the duration of same can be extended both PARTIES agreeing.
 

 

 TENTH. DOCUMENTATION AND ADMINISTRATIVE PERMITS: The whole of permits, authorizations or whatever other similar administrative document must be obtained by the CLIENT and submitted to the LENDER in ordinary copy in order to allow the beginning of the SERVICES.
 

 

 ELEVENTH. QUALITY OF SERVICES: PARTIES convene that the execution of the totality of the SERVICES object of this contract be carried out to the CLIENT’S satisfaction.
 

 TWELFTH. RECEIVING CONCENTRATE: The LENDER will solicit from the CLIENT for this latter to deliver the concentrate sent to him for process as soon as 
 

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 possible. The CLIENT will undergo reception of concentrate in order to ship it to the corresponding certification lab.
 

 THIRTEENTH. SUBCONTRACTING: For the execution of the SERVICES the LENDER will make use of its own working force. However, in order to proceed to a partial subcontract of the works object of this present instrument, (will be) per the exclusive criterion of the LENDER for the execution of the SERVICES. In any case, the LENDER will answer to the CLIENT for the works carried out by such individuals, and holding to himself to (claim) against them in case of an undue execution of the works that might have been entrusted to them.
 

 FOURTEENTH. LABOR RELATIONS: The LENDER will be the responsible entity for the obligations derived from the applicable and current legal dispositions in labor matters and of social security, expressly accepting to answer to all the claims that his work force could present against him or against the CLIENT related to the works object of this contract.
 

 When the LENDER should entrust the execution of the mentioned works to any individual or corporation employing people in the development of its activities, (either of these latter) will be the only responsible entity for the obligations derived from the applicable and current legal dispositions in labor matters and of social security, and be subject to expressly accept all the claims that their workers could put up against the CLIENT or the LENDER in relation to the works object of this present instrument.
 

 In case, the LENDER commits himself to safeguard the CLIENT and peacefully protect him from any claim that by reason of this contract his own workers might intend on one hand or the subcontractor’s workers to whom he has partially or in total entrusted the works object of this contract on the other.
 

 

 FIFTEENTH. SERVICE SUPERINTENDENT: The LENDER commits himself to name, in advance of the beginning of the works object of this present contract, a representative who will remain per possible means at the site of such labors and who will act as construction superintendent, individual who will enjoy the powers, the widest and sufficient faculties for decisions in anything related with the compliance of this instrument. Per criterion of the LENDER, the said superintendent could be his worker on one hand or any (third party) service render on the other. The CLIENT, in case of experiencing any kind of incompetence on the part of the nominated superintendent can request he be replaced at any time during the execution of the SERVICES.
 

 

 SIXTEENTH. MATERIALS AND EQUIPMENT: The LENDER commits himself that the machinery and equipment put to use in the works object of this present contract comply with the established standards, applicable and current, in the construction field as well as with the particular specifications of the project being part of this instrument, and vying in every instance they be of the best possible quality available.
 

 

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 SEVENTEENTH. EQUIPMENT AND WORK SUPERVISION: The CLIENT will be endowed to verify at any moment if the work object of this contract is being carried out by the LENDER in conformity with the dispositions, the specifications and the corresponding work program set down in the project be it personally or through the offices of a third party he names.
 

 

 EIGHTEENTH. LENDER’S CIVIL RESPONSIBILITY: Taking into consideration that during the execution of the SERVICES mechanical instruments will be used as well as dangerous substances and instruments per themselves due to the speed they carry either by their explosive or flammable nature, or by the energy of the electric current they bear or by any other analogue reason, in conformity with the dispositions of the applicable articles of the Civil Code of the Federal District, the LENDER will be obliged to answer for the damages caused by the materials he uses, his workers or the persons he subcontracts, independently that such individuals act illegitimately or not, unless it is proven that the damage occurred by the fault or the inexcusable negligence of the victim; also, the LENDER will have to answer and to repair the whole of the damages caused by his workers to the goods of the CLIENT, or to his subcontractors, the buildings, housing, roads, real estate or any other mobile good of nearby neighbors to the CLIENT’S site, as well to the infrastructure already built in the developed land located in the CLINET’S premises as could be retainer walls, yards, fences, hydraulic systems or any other kind of infrastructure already built at the moment of carrying out works on the part of the LENDER.
 

 Consequently, the LENDER commits himself to safeguard and peacefully protect the CLIENT from any claim that by reason of the execution of the works object of this present contract his own workers might intend, or the subcontractor’s workers to whom he partially or in total entrusted carrying out same works per concept of damages.
 

 In any case, the LENDER keeps to himself the right to (claim) against his own workers or of the subcontractor’s workers to whom he entrusted the execution the object of this present instrument when he pays for the damages they caused among themselves or to third parties.
 

 

 NINETEENTH. CONFIDENTIALITY: PARTIES commit themselves expressly to kept in a confidential character the totality of past, present and future information related with this present instrument and extending same obligation to any individual or corporation it is disclosed to.
 

 The PARTY recipient of confidential information must limit access to it to his representatives or employees who, under a justified and reasonable cause might request access to it. In such cases, PARTIES must commit such entities to the confidentiality obligations agreed upon in this instrument.
 

 For purposes of this present clause, the following will not be considered confidential information: 1. Information legitimately known and obtained by the recipient PARTY prior to the subscription of this instrument; 2. Information that is considered as of date or in th 
 

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 future as public domain if and ever such consideration did not stem from the non compliance of any of the PARTIES to the stipulations in this clause, or; 3. Information that has to be disclosed per law or an administrative or judicial mandate by competent authorities.
 

 PARTIES agree that the duration of the obligations contracted by virtue of this present clause will subsist indefinitely, even after the termination of this present contract.
 

 In case of non compliance, PARTIES reserve to themselves those actions that per law correspond to them, both administrative and judicial, in order to claim indemnity for harms and damages, as well as to present any sanction be it the case.
 

 

 TWENTIETH. ADVANCE TERMINATION: PARTIES agree that only the CLIENT is the one able to desist from the execution of the SERVICES on one hand or to suspend same in a temporary manner on the other, in whole or partially, and notifying in writing at least 15 (fifteen) natural days prior its counterpart only after covering in favor of the LENDER all non recoverable expenses and works carried out, if and ever these are reasonable, are duly proven and related with the execution of the SERVICES.
 

 

 TWENTY FIRST. GUARANTEE: In order to guarantee the correct application of the amount extended as advance, as well as the compliance of this contract, the LENDER must subscribe upon the date of signature of this present contract a promissory note in favor of the CLIENT for the amount of $175,000.00 Dollars (one hundred and seventy thousand Dollars 00/100 in United States Currency) and which was subscribed with an expiration dateline of the 1st January 2012 (1/1). This guarantee will remain in effect until the totality of the advance is returned.
 

 TWENTY SECOND. CANCELLATION OF CONTRACT:  PARTIES convene that the CLIENT can cancel this present contract in case of non compliance on the part of the LENDER. Such cancellation will bear full rights without the need of a judicial declaration it being sufficient that any of the below indicated cause may arise:
 

 1. If the works object of this present contract are not begun on the stated date of 
 commitment, if and ever to the CLIENT’S judgment the delay cannot be   reprogrammed;
 

 2. If the SERVICES are stopped without any justification or reparation is denied or   a reposition of any portion of them that might have considered flawed by the   CLIENT;
 

 3. If the works are not carried out in conformity with the stipulation of this 
 instrument and it Annexes;
 

 

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 4.  If the work schedule does not meet the program and per the CLIENT’S 
 judgment this delay can impair a satisfactory conclusion of the works within the   stipulated date line.
 

 5. If it does not in all opportunity cover the workers’ salaries and other labor 
 benefits and of social security on one hand and, on the other, stops paying the   entrusted service renderers;
 

 6. In general, for non compliance or violation on the part of the LENDER to any of   the obligations derived from this present contract as well as from the applicable and   current legal dispositions.
 

 Likewise, PARTIES convene that the LENDER can cancel this present instrument    in case of non compliance to any of the obligations set down herein, on the part of   the CLIENT, such as payment of the amounts per advance concepts, advance   estimates, administrative paper work and discharge, be it the case, in full right,   without the need of a judicial declaration.
 

 TWENTY THIRD. CANCELLATION PROCEDURE: In case of non compliance or of violation by any of the PARTIES to any of the stipulations of this present contract, they can chose to demand compliance to same and of the conventional penalties agreed upon, declare cancellation of this instrument as per the following procedure:
 

 1. If any of the PARTIES considers that the other has incurred in any of the causes   of cancellation consigned in this contract, he will so advise its counterpart that this   latter may expose regarding what is within his right within a term of 10 (ten) able   days as of the date of reception of the respective notification, and;
 

 2. If the time term lapses on the part of the non compliant and it does not state 
 arguments in his defense on one hand, or if after analyzing the reasons invoked it   does not produce proof, the other part considering same are not satisfactory, within   the following 15 (fifteen) able days it will declare cancellation of the contract and   will communicate so stating its arguments.
 

 

 TWENTY FOURTH. FORTUITOUS EVENT OR FORCE MAJEURE:  When due to a fortuitous event or of case majeure it becomes impossible to continue with the works’ execution, the LENDER may stop the SERVICES temporarily, or, chose for an advance termination.. In this last case, it must put its request before the CLIENT immediately after the occurrence of the causes of origin, and he will resolve how to proceed within 15 (fifteen) able days following the reception of same. In case of a negative answer on the part of the CLIENT, it will become necessary for this latter to obtain the corresponding declaration from the competent judicial authority.
 

 In the event the temporary suspension is granted, the corresponding modifications must be established through the means of an agreement concerning the approved work program as well as the measures that must be implemented to safeguard the works and materials. 
 

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 Likewise, in such an agreement the time terms of suspension must be made known as well as the renewal of works and work termination without modifying the established dateline in the contract.
 

 TWENTY FIFTH. FISCAL OBLIGATIONS: On being approved and registered before the Federal Taxpayers Registry, PARTIES convene that each on its own will defray and separately tax payments that individually correspond to each in order to comply with the terms and conditions of this present instrument, heeding the applicable and current fiscal legislation, committing themselves to safeguard their counterpart regarding any fiscal responsibility that might be wrongly imputed by competent authorities in accordance with this contract. 
 

 

 TWENTY SIXTH. ADDRESSES AND CONTACT TELEPHONES: PARTIES agree that in everything regarding the execution and compliance of the terms and conditions of this present contract, as well as to carry out notices, announcements and other communications related with same, they state their addresses and contact telephones to be:
 

 

 	 	
	 The Client
 

 Calle California 5101, interior 206
 Col. Haciendas Santa Fe
 C. P. 31215
 Chihuahua, Chih.
 

 Phone: 01-614-200-8403
	 The Lender
 

 Av. Jorge Jiménez Cantú Mz. 1 it s/n
 Col. Bosques Esmeralda
 C. P. 52930
 Atizapán de Zaragoza, Estado de México
 

 Phone: 01-55-5308-7452

  

 

 

 In case it is their will to change addresses, PARTIES agree in notifying their counterparts of such a circumstance at least five (5) natural days in advance of the date in which the addresses are changed. Not complying to the obligation herein described will imply that the announcements, notifications or communications sent and delivered at the original address of the PARTY carrying the change of address, will bear full legal effects in favor of the PARTY that was not notified in all opportunity as of the date of delivery and for as long as the non compliance subsists.
 

 TWENTY SEVENTH: NOTIFICATIONS AND COMMUNICATIONS: PARTIES agree that any announcement, notification or communication necessary to their counterparts know must be done in writing. The before stated does not means that telephone communications between them is not agreed upon or permitted but that the relevant communications must be carried out in writing for a better judicial understanding on both PARTIES.
 

 Sending of said documents can be carried out via three means: 1. By ordinary courier delivered on hand or by certificate mail, both with acknowledgement of receipt; 2. Via Fax 
 

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 RENDERING OF SERVICES CONTRACT SUBSCRIBED BETWEEN AMERICAN METAL MNING, S. A. DE C: V: AND MACO PBB MEXICO, S. A: DE C: V: ON THE 4TH MAY 2011.
 

 
 or; 3. By electronic mail. In this last case, sending will only be considered valid and legally carried out when the reception of the respective electronic mail is confirmed electronically within three (3) natural days following the sending expressly stating receipt, by means of a confirming answering message sent by the recipient.
 

 PARTIES agree likewise that announcements, notifications and communications carried out in relation to this present instrument will bear their respective effects on the day of their reception. In case that such message include some kind of term, this latter will begin to be in effect on the day following confirmation of reception regardless it is an able or natural day.
 

 TWENTY NINTH. CONTACT PERSONS: PARTIES agree that the totality of announcements, notifications or communications necessary to be carried out between them derived from the terms and conditions of this present instrument must be addressed indistinctly to the following persons:
 

 	 	
	 The Client
 

 RAMIRO TREVIZO LEDEZMA
 RAMIRO TREVIZO GONZÁLEZ
	 The Lender
 

 CARLOS ALBERTO MARTÍNEZ URIBE
 EDSEL COSÍO BARRAZA

  

 

 In case it is their will to change contact persons, PARTIES agree in notifying their counterparts of such a circumstance at least five (5) natural days in advance of the date in which the persons are changed. Not complying to the obligation herein described will imply that that the announcements, notifications or communications sent and delivered to the name of the original addressees of the PARTY carrying the change of address, will bear full legal effects in favor of the PARTY that was not notified in all opportunity as of the date of delivery and for as long as the non compliance subsists.
 

 

 THIRTIETH. ANNEXES AND TOTALITY OF CONTRACT: PARTIES accept expressly in obliging themselves in accordance to the terms and conditions established in this present instrument and adjoining annexes, same that on being signed make up part of same as if inserted verbatim.
 

 Thus, PARTIES accept that this contract and its annexes contain the totality of agreements between them regarding its object and leaving without effect as well as canceling the whole of agreements, reports, negotiations, correspondence, commitments and communications carried out previously between them either in writing or verbally.
 

 

 THIRTY FIRST. MODIFICATIONS: The terms and conditions of this present contract can only be modified by virtue of the subscription of modifying agreements between the PARTIES. To such agreements must be added, as annexes an ordinary copy of this 
 

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 instrument and its Annexes vying in all cases to reach a complete interpretation of the terms and conditions that the PARTIES might have agreed upon.
 

 

 THIRTY SECOND. INDEPENDENCE OF THE CLAUSES: In case that one of the clauses of this present instrument is declared invalid by a competent authority, the clause of them contained in same will remain being valid without them being affected by the respective resolution in any way whatsoever.
 

 THIRTY THIRD: APPLICABLE LEGISLATION: PARTIES commit themselves to strictly abide for the execution of the works object of this contract to each and all of the clauses it integrates and in a complementary manner to the dispositions set down in the Civil Code of the Federal District.
 

 THIRTY FOURTH. INTERPRETATION AND JURISDICTION: Conflicts that might arise regarding the interpretation and compliance with this present contract must be resolved by common agreement by the PARTIES within a time lapse of 30 (thirty) natural days as of the date in which any of them notifies the other of the existence of conflicts.
 

 In case the described conciliation is reached , PARTIES submit to the jurisdiction of the competent court of law of the Mexico City (Federal District), reason why as of this moment they renounce to the privilege that might correspond to them by reason of their present or future domiciles or by any other reason.
 

 

 BOTH PARTIES IN THE KNOWLEDGE OF THE TERMS AND CONDITIONS OF THIS PRESENT CONTRACT , SIGN IT IN CONFORMITY IN EACH OF ITS PAGES IN DUPLICATE IN THE CITY OF MANZANILLO, STATE OF COLIMA, IN THE PRESENCE OF TWO WITNESSES WHO LIKEWISE SUBSCRIBE IT ON THE THIRD DAY OF MAY OF THE YEAR TWO THOUSAND AND ELEVEN, EACH PARTY KEEPING A COPY OF THE CONTRACT.
 

 

 	 	
	 THE CLIENT
 

 AMERICAN METAL MINING,
 S.A. DE C. V.,
 Represented in this act by:
 RAMIRO TREVIZO LEDEZMA
	 THE LENDER
 

 MACO PBB MÉXICO,
 S. A. DE C. V.,
 Represented in this act by:
 CARLOS ALBERTO MARTÍNEZ URIBE

  

 WITNESSES
 

 	 	
	 

 Tzetzangari Ibarra Junquera
	 

 Elizabeth Rubí Rubio Campos

  

 

 

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 RENDERING OF SERVICES CONTRACT SUBSCRIBED BETWEEN AMERICAN METAL MNING, S. A. DE C: V: AND MACO PBB MEXICO, S. A: DE C: V: ON THE 4TH MAY 2011.
 

 
 Annex I
 

 Equipment, machinery, vehicles and other
 

 

 4 – MAQ 320H
 

 1 – MAQ D8
 

 1 – 12 X 36 screen with electrostatic equipment
 

 2 – Electromagnetic bins
 

 1 – Backhoe 
 

 2 – 4 X 4 Raptors
 

 1 – Weighing machine
 

 4 – ATHD ALLU SIS
 

 1 – MAQ 966
 

 1 – Camp set up
 

 1 – Scraper
 

 _____________________________________________________
 

 

 

 (In last page there follows a signed promissory note of payment)
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 RATIFICATION OF SIGNATURES
 

 

 The undersigned, René Manuel Tortolero Santillana, Attorney at Law, title holder of Notary Public number 4 of this demarcation, verify and---------------------------------------
 Certify
 that the signatures written at the bottom of this present contract are authentic and pertain to Messrs., Ramiro Trevizo Ledezma and Carlos Alberto Martínez Uribe as they were written in my presence and they stated that such signatures are the one they use in all of they acts public as private------------------------------------------------------------------------------------------
 

 I, Public Notary, so certify and give faith thereof, that I know the appearing parties who in my concept enjoy the civil capacity to contract and to commit themselves according to law-
 

 Reason was taken in the Certifications Book of this Notary Public in my charge in the city and port of Manzanillo, State of Colima on the 4th day of the month of May 2011-------------
 

 I so give faith---------------------------------------------------------------------------------------------
 

 

 	 	
	 THE CLIENT
 

 AMERICAN METAL MINING,
 S. A. DE C. V.,
 Represented in this act by:
 

 RAMIRO TREVIZO LEDEZMA
	 THE LENDER
 

 MACO PBB MÉXICO
 S. A. DE C. V.,
 Represented in this act by:
 

 CARLOS ALBERTO MARTÍNEZ URIBE

  

 BEFORE ME
 

 RENÉ MANUEL TORTOLERO SANTILLANA
 

 OFFICE TITLE HOLDER
 

 PUBLIC NOTARY NUMBER 4
 

 MANZANILLO, COLIMA
 

 ###
 

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 RENDERING OF SERVICES CONTRACT SUBSCRIBED BETWEEN AMERICAN METAL MNING, S. A. DE C: V: AND MACO PBB MEXICO, S. A: DE C: V: ON THE 4TH MAY 2011.

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