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Exhibit 10.10    
    

 
 

10b5-1 Purchase Plan    
    

        Purchase Plan, dated            , 2008 (this "Purchase Plan"), between Robin Lee (the "Purchaser") and Lazard Capital
Markets LLC ("LCM"). 

        WHEREAS,
the Purchaser desires to establish a plan that qualifies for the affirmative defense and safe harbor provided by Rule 10b5-1
("Rule 10b5-1") under the Securities Exchange Act of 1934, as amended (the "Exchange Act") to purchase warrants (the "Warrants") which entitle the holder thereof to purchase shares
of common stock, par value $0.0001 per share (the "Common Stock") of China Mining Resources Holding Limited (the "Issuer"). 

        WHEREAS,
the Purchaser desires to engage LCM to effect purchases of Warrants in accordance with this Purchase Plan. 

        NOW,
THEREFORE, the Purchaser and LCM hereby agree as follows: 

        1.     (a)    LCM
shall effect a purchase or purchases (each, a "Purchase") of the Warrants during the term of this Purchase Plan within the limits of the amounts
permitted to be expended and the maximum purchase price per Warrant (such total potential permitted expenditures to be defined as the "Warrant Purchase Guidelines") set forth in Appendix A. 

        (b)   Purchases
will be made on a national securities exchange. In all Purchases of Warrants in the open market pursuant to this Purchase Plan, LCM shall comply with the
requirements of paragraph (b)(2), (b)(3) and (b)(4) of Rule 10b-18 under the Exchange Act, in all respects on the basis that such Rule 10b-18 is fully
applicable to such Purchases of Warrants. The Purchaser will notify LCM of the intention on the part of any "affiliated purchaser" (as defined in
Rule 10b-18) of the Purchaser to purchase Warrants any day if such purchase is to be effected otherwise than through LCM pursuant to the Purchase Plan, and upon receipt of such
notification LCM shall refrain from purchasing any Warrants under the Purchase Plan on such day. The Purchaser agrees not to take any action that would cause Purchases not to comply with
Rule 10b-18. 

        (c)   The
Purchaser agrees that it may not suspend or terminate this Purchase Plan or any purchases under this Purchase Plan. 

        2.     The
Purchaser shall pay to LCM a commission of $0.01 (one cent) per Warrant purchased pursuant to this Purchase Plan. In accordance with LCM's customary procedures, LCM
will deposit Warrants purchased hereunder into an account established by 

 

LCM
for the Purchaser against payment to LCM of the purchase price therefore and commissions and other amounts in respect thereof payable pursuant to this Section. LCM shall provide confirmations of
purchases of Warrants to the Purchaser, and to such other persons or agents of the Purchaser as the Purchaser shall reasonably designate in writing, on the day following such purchases. In addition,
at the end of each trading day LCM shall provide a daily report of such transactions during such day by facsimile and electronic mail to the Purchaser or its designee. Such report shall include the
NASDAQ Stock Market volume in the Warrants for the date, the NASDAQ Stock Market Volume-Weighted Average Price in the Warrants for the date, the high and low price on that day, the number of Warrants
purchased for the Purchaser and for affiliated purchasers, if any, and the purchase price for each transaction. 

        3.     (a)    This
Purchase Plan shall become effective beginning on the later of the date separate trading of the warrants has commenced and 60 calendar days after
the end of the "restricted period" with respect to the Warrants under Regulation M and shall terminate upon the first to occur of the following; 

        (1)   180 days
after this Purchase Plan becomes effective; 

        (2)   the
expenditure of an aggregate of $1,000,000 (one million dollars), including commissions payable pursuant to Section 2 of this Purchase Plan, to purchase
Warrants pursuant to this Purchase Plan; 

        (3)   receipt
by the Purchaser of notice of the failure of the Purchaser to comply with Section 2 hereof, and failure to cure such failure promptly, but in any case, no
later than 3 days after such notice; 

        (4)   the
public announcement of a tender or exchange offer for any securities of the Issuer or of a merger, acquisition, recapitalization or other similar business
combination or transaction as a result of which the voting securities of the Issuer would be exchanged for or converted into cash, securities or other property, other than, in each case, in connection
with the Issuer's initial business combination (as defined in the Issuer's Registration Statement on Form S-1 relating to its initial public offering); 

        (5)   the
date that LCM receives notice that the Purchaser has filed a petition for bankruptcy, or a petition for bankruptcy has been filed against the Purchaser and has not
been dismissed within sixty (60) calendar days of its filing; or 

        (6)   such
time as LCM determines, in its sole discretion, that it is prohibited for any reason from engaging in purchasing activity as the Purchaser's agent under this
Purchase Plan. 

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             (b)    Section 11
of this Purchase Plan shall survive any termination hereof. In addition, the Purchaser's obligation under Section 2
hereof in respect of any Warrants purchased prior to any termination hereof shall survive any termination hereof. 

        4.     Notwithstanding
anything herein to the contrary, in the event that, on any trading day after this Purchase Plan takes effect, LCM cannot effect purchases due to a market
disruption or in the opinion of LCM's counsel, effecting purchase hereunder would result in a violation of applicable law or a breach of any contract to which LCM or its affiliates are a party or by
which it or its affiliates are bound or such purchases would result in a violation of applicable law by the Purchaser or internal policy applicable to LCM (collectively, "Restrictions"), LCM may
refrain from purchasing Warrants or purchase fewer than the otherwise applicable number of Warrants to be purchased set forth in the Warrant Purchase Guidelines, as determined by LCM, in its
discretion with regard to such Restrictions, and shall recommence such Warrant purchases in accordance herewith as promptly as practicable after the cessation or termination of such Restriction. 

        5.     The
Purchaser represents, warrants and agrees, on the date hereof and on the date of any amendment hereto, that: (a) it is not aware of material, nonpublic
information with respect to the Issuer or any securities of the Issuer (including the Warrants), (b) it is entering into or amending, as the case may be, this Purchase Plan in good faith and
not as part of a plan or scheme to evade the prohibitions of Rule 10b5-1 under the Exchange Act or other applicable securities laws, (c) from the effective date of this
Purchase Plan until its termination, the Purchaser will not discuss with LCM the Issuer's business, operations or prospects or any other information likely to be related to the value of the Warrants
or likely to influence a decision to sell Warrants, provided that, with the approval of LCM's counsel, the Purchaser may communicate with LCM personnel who are not responsible for, and have no ability
to influence, the execution of this Purchase Plan, (d) Purchaser will not make any purchases of blocks as described in the provisio in Rule 10b-18(b)(4) during the four full
calendar weeks immediately preceding the effective date of this Purchase Plan, (e) from the date hereof until the termination of this Purchase Plan, Purchaser will not enter into any hedging
transaction with respect to any Warrants, (f) from the effective date of this Purchase Plan to the date falling that number of days following termination of this Purchase Plan equal to the
"restricted period" applicable to the Company, Purchaser will not engage in any "distribution" with respect to which the Warrants are a "covered security" (as such terms are defined in
Regulation M) or any other activity that would prohibit repurchase of Warrants by LCM, (g) as of the time of execution of this Purchase Plan, Purchaser has not entered into any similar
plan or agreement with respect to any securities of the Issuer, (h) without the prior written consent of LCM, Purchaser will not, while this Purchase Plan is in effect, directly or indirectly
(including, without limitation, by means of a cash-settled or other derivative instrument) purchase, offer to purchase, place any bid or limit order that would effect a purchase of, any
securities of the Issuer, (i) the Purchaser will inform LCM (i) of any purchases made while this Purchase Plan is in effect by an "affiliated purchaser" as defined in
Rule 10b-18 promptly upon becoming aware of such purchases and (ii) if any "affiliated purchaser" intends to make any such purchases, promptly upon being informed of such
intention, and (j) its execution of this Purchase Plan or amendment hereto, as the case may be, and the Purchases contemplated hereby do not and will not violate or conflict with any law, rule,
regulation or agreement binding on or applicable to the Purchaser or any of his property or assets 

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other
than such violations or conflicts that would not have a material adverse effect on the business or financial position of the Issuer. 

        6.     It
is the intent of the parties that this Purchase Plan comply with the requirements of Rule 10b5-1 and Rule 10b-18 under the
Exchange Act, and this Purchase Plan shall be interpreted to comply with the requirements thereof. 

        7.     Except
as specifically contemplated hereby, the Purchaser shall be solely responsible for compliance with all statutes, rules and regulations applicable to the Purchaser
and the transactions contemplated hereby, including, without limitation, reporting and filing requirements. 

        8.     This
Purchase Plan shall be governed by and construed in accordance with the laws of the State of New York and may be modified or amended only by a writing signed by the
parties hereto. 

        9.     The
maximum purchase price per Warrant set forth in Appendix A shall be adjusted automatically on a proportionate basis to take into account any stock split,
reverse stock split or stock dividend with respect to the Common Stock that occurs during the term of this Purchase Plan. 

        10.   Except
as contemplated by Section 3(a)(3) of this Purchase Plan, the Purchaser acknowledges and agrees that it does not have authority, influence or control over
any Purchase effected by LCM pursuant to this Purchase Plan and the Purchaser will not attempt to exercise any authority, influence or control over Purchases. LCM shall have full discretion with
respect to the execution of all purchases and agrees not to seek advice from the Purchaser with respect to the manner in which it effects Purchases under this Purchase Plan. 

        11.   The
Purchaser agrees to indemnify and hold harmless LCM and its officers, directors, employees, agents and controlling persons against any loss, claim, damage or
liability, including reasonable legal fees and expenses, arising out of any action or proceeding relating to this Purchase Plan or any Purchase, except to the extent that any such loss, claim, damage
or liability arises as a result of the indemnified person's bad faith, willful misconduct or negligence. 

        12.   The
following individuals (collectively, the "LCM Representatives") are hereby authorized by LCM to receive instructions, notices and communications from, and issue
notices and communications to, the Purchaser under this Purchase Plan: 

	(A)	 	 	 	 
	 	 	
	 	 
	 	 	
	 	 
	 	 	
	 	 
	 	 	
	 	 
	(B)	 	 	 	 
	 	 	
	 	 
	 	 	
	 	 
	 	 	
	 	 
	 	 	
	 	 

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        All
communications and notices shall be in writing (including facsimile and electronic mail transmission) and shall be effective when received at the address specified below or the email
and facsimile number specified above: 

	(A)	 	if to Lazard, to it at

Lazard Capital Markets, LLC

30 Rockefeller Plaza

New York, NY 10020

Attn: General Counsel and a Lazard Representative

        or
at such other address as may from time to time be designated by notice to the Purchaser in writing; and 

	(B)	 	if to the Purchaser, to him at

SSC Mandarin Group

Room 4710, 47th Floor

The Center

99 Queen's Road

Central, Hong Kong

Attn: Robin Lee

e-mail: robinless@sscmandarin.com

phone: 852-2504-2333

fax: 852-6132-1101

        or
at such other address as may from time to time be designated by notice to Lazard in writing. 

        13.   The
Purchaser acknowledges and agrees that Lazard has not provided the Purchaser with any tax, accounting or legal advice with respect to this Purchase Plan, including
whether the Purchaser would be entitled to any of the affirmative defenses under rule 10b5-1 or entitled to the safe harbor of Rule 10b-18. 

        14.   On
the date of execution of this Purchase Plan, the Purchaser will place $1,000,000 in an investment account with LCM to fund the purchases contemplated by this Purchase
Plan. The Purchaser understands and agrees that once such funds are deposited into the investment account the Purchaser cannot withdraw any of such funds until termination of this Purchase Plan in
accordance with Section 3 hereof. 

        15.   This
Purchase Plan may be executed in any number of counterparts, all of which, taken together, shall constitute one and the same agreement. 

[Signature Page Follows]

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        IN
WITNESS WHEREOF, the undersigned have signed this Purchase Plan as of the date first written above. 

	Lazard Capital Markets LLC	 	 
	

By:	
 	

 	
 	

 
	 	 	
 David McMillan

Managing Director	 	 
	

 	
 	

 	
 	

 
	
 Robin Lee	 	 

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Appendix A
  
    Purchase Plan
  
    Warrant Purchase Guidelines    
    

	Maximum Purchase Price Per Warrant
 
	 	Number of Warrants to be Purchased

	$0.70	 	Lazard is to buy up to USD $1,000,000 (one million dollars) of Warrants, including commissions, subject to the conditions of Rule 10b-18(b) and less the aggregate purchases of any Warrants previously
purchased.

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Exhibit 10.10

10b5-1 Purchase Plan

Appendix A Purchase Plan Warrant Purchase GuidelinesQuickLinks
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Exhibit 10.11    
    

 
 

CHINA MINING RESOURCES HOLDINGS LIMITED    
    

        THIS SECOND AMENDED AND RESTATED WARRANT PURCHASE AGREEMENT (this "Agreement"), dated as of September 4,
2008, is entered into by and among China Mining Resources Holdings Limited, a Delaware corporation (the "Company"), and the purchasers named on  Schedule A hereto (each a "Purchaser" and collectively, the
"Purchasers"). 

        WHEREAS,
it is the intention of the Company and the Purchasers to further amend and restate the Warrant Purchase Agreement, dated as of April 23, 2008, (the "Original Agreement"),
as amended and restated on June 13, 2008, to decrease the aggregate number of warrants purchased by the Purchasers from 2,500,000 to 2,185,000; 

        WHEREAS,
simultaneously with the consummation of the Company's initial public offering (the "IPO"), the Company desires to issue and sell,
and the Purchasers desire to purchase, in the respective amounts set forth opposite each Purchaser's name on Schedule A hereto and upon the terms
and conditions set forth in this Agreement, an aggregate of 2,185,000 warrants (the "Insider Warrants"), each to purchase one share of the Company's
common stock, par value $0.0001 per share (the "Common Stock"); 

        WHEREAS,
the Insider Warrants shall have the terms set forth in the warrant agreement to be entered into by and between the Company and Continental Stock Transfer & Trust Company,
as Warrant Agent, in connection with the IPO, substantially in the form attached hereto as Exhibit A (the "Warrant
Agreement"); and 

        WHEREAS,
pursuant to the terms of an escrow agreement to be entered into by and among the Company, the Initial Stockholders (as defined therein) and Continental Stock Transfer &
Trust Company, as Escrow Agent (the "Escrow Agent"), in connection with the IPO (the "Escrow
Agreement"), the Insider Warrants will be deposited with the Escrow Agent upon issuance. 

        NOW
THEREFORE, in consideration of the mutual promises contained in this Agreement and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties to this Agreement hereby agree as follows: 

        1.    Authorization; Purchase and Sale; Terms of the Insider Warrants.    

        1.1.    Authorization of the Insider Warrants.    The Company has duly authorized the issuance and sale of the Insider
Warrants to the Purchasers. 

        1.2.    Purchase and Sale of the Insider Warrants.    Immediately prior to the effective date of the registration
statement on Form S-1 filed in connection with the IPO, or on such earlier date as may be established from time to time by mutual agreement of the parties (such date, the
"Closing Date"), the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase from the Company, the respective number of
Insider Warrants set forth opposite each Purchaser's name on Schedule A hereto. The purchase price for each Insider Warrant shall be $1.00 per
warrant, for an aggregate purchase price of $2,185,000 (the "Purchase Price"), which shall be paid in cash, by check or by wire transfer of immediately
available funds to the Company in accordance with the Company's wiring instructions. On the Closing Date, upon the payment by the Purchasers of the Purchase Price to the Company, the Company shall
deliver certificates evidencing the Insider Warrants to be purchased by the Purchasers hereunder, registered in the Purchasers' respective names, to the Escrow Agent for deposit pursuant to the Escrow
Agreement. 

        1.3.    Terms of the Insider Warrants.    

        (a)   Each
Insider Warrant shall have the terms set forth in the Warrant Agreement. 

        (b)   In
addition to the restrictions on transfer set forth in Section 5 hereof, each Purchaser acknowledges that, pursuant to and subject to the terms of the Escrow
Agreement, the Insider Warrants will be deposited with the Escrow Agent and held in escrow until the date that is 90 days 

 

after
the consummation of an Initial Business Combination (as defined in the Company's Amended and Restated Certificate of Incorporation). 

        (c)   In
connection with the IPO, the Company and the Purchasers shall enter into an agreement (the "Registration Rights
Agreement") granting the Purchasers registration rights with respect to the Insider Warrants and the shares of Common Stock issuable upon exercise of the Insider Warrants (the
"Warrant Shares" and together with the Insider Warrants, the "Securities"). 

        2.    Representations and Warranties of the Company.    The Company hereby represents and warrants to each Purchaser
that: 

        2.1.    Organization and Corporate Power.    The Company is a corporation duly organized, validly existing and in good
standing under the laws of the State of Delaware and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect
on the financial condition, operating results or assets of the Company. The Company possesses the requisite corporate power and authority necessary to carry out the transactions contemplated by this
Agreement. 

        2.2.    Authorization.    The execution, delivery and performance of this Agreement have been duly authorized by the
Company as of the date hereof. This Agreement constitutes the valid and binding obligation of the Company, enforceable in accordance with its terms, except as such enforcement may be limited by
bankruptcy, insolvency (including, without limitation, all laws relating to fraudulent transfers), reorganization, moratorium or similar laws affecting enforcement of creditors' rights generally and
except as such enforcement is subject to equitable principles of general applicability (regardless of whether enforcement is considered in a proceeding in equity or at law). 

        2.3.    Issuance of Securities.    The Insider Warrants have been duly authorized and, when executed by the Company,
countersigned in the manner provided for in the Warrant Agreement and delivered and paid for as contemplated herein, will constitute valid and binding obligations of the Company, enforceable against
the Company in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, insolvency (including, without limitation, all laws relating to fraudulent transfers),
reorganization, moratorium or similar laws affecting enforcement of creditors' rights generally and except as enforcement thereof is subject to equitable principles of general applicability
(regardless of whether enforcement is considered in a proceeding in equity or at law). The Warrant Shares have been duly authorized and, when issued and paid for as contemplated in the Insider
Warrants and the Warrant Agreement, will be validly issued, fully paid and non-assessable. 

        3.    Representations and Warranties of the Purchasers.    Each Purchaser hereby represents and warrants to the
Company that: 

        3.1.    Authorization.    This Agreement constitutes a valid and binding obligation of each Purchaser, enforceable in
accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency (including, without limitation, all laws relating to fraudulent transfers), reorganization, moratorium or
similar laws affecting enforcement of creditors' rights generally and except as such
enforcement is subject to equitable principles of general applicability (regardless of whether enforcement is considered in a proceeding in equity or at law). 

        3.2.    Investment Representations.    

        (a)   Each
Purchaser is acquiring the Insider Warrants and, upon exercise of the Insider Warrants, will acquire the Warrant Shares, for his, her or its own account, for
investment only and not with a view towards, or for resale in connection with, any public sale or distribution thereof. 

        (b)   Each
Purchaser is an "accredited investor" as such term is defined in Rule 501 of Regulation D promulgated by the Securities and Exchange Commission under
the Securities Act of 1933, as amended (the "Securities Act"). 

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        (c)   Each
Purchaser understands that the Securities are being offered and will be sold to him, her or it in reliance on specific exemptions from the registration requirements
of the United States federal and state securities laws and that the Company is relying upon the truth and accuracy of, and the Purchaser's compliance with, the representations and warranties of each
Purchaser set forth herein in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire such Securities. 

        (d)   No
Purchaser decided to enter into this Agreement as a result of any general solicitation or general advertising within the meaning of Rule 502 under the
Securities Act. 

        (e)   Each
Purchaser has been furnished with all materials relating to the business, finances and operations of the Company and materials relating to the offer and sale of the
Securities which have been requested by such Purchaser. Each Purchaser has been afforded the opportunity to ask questions of the officers and directors of the Company. Each Purchaser understands that
his, her or its investment in the Securities involves a high degree of risk. Each Purchaser has sought such accounting, legal and tax advice as such Purchaser has considered necessary to make an
informed investment decision with respect to the Purchaser's acquisition of the Securities. 

        (f)    Each
Purchaser understands that no United States federal or state agency or any other government or governmental agency has passed on or made any recommendation or
endorsement of the Securities or the fairness or suitability of the investment in the Securities by the Purchaser nor have such authorities passed upon or endorsed the merits of the offering of the
Securities. 

        (g)   Each
Purchaser understands that the Securities have not been and are not being registered under the Securities Act or any state securities laws and may not be offered
for sale, sold, assigned or transferred unless (i) subsequently registered thereunder or (ii) sold in reliance on an exemption therefrom. 

        (h)   Each
Purchaser has such knowledge and experience in financial and business matters, knows of the high degree of risk associated with investments generally and
particularly investments in the securities of companies in the development stage such as the Company, is capable of evaluating the merits and risks of an investment in the Securities and is able to
bear the economic risk of an investment in the Securities in the amount contemplated hereunder for an indefinite period of time. Each Purchaser has adequate means of providing for his, her or its
current financial needs and contingencies and will have no current or anticipated future needs for liquidity which would be jeopardized by the investment in the Securities. Each Purchaser can afford a
complete loss of his, her or its investment in the Securities. 

        4.    Rescission Right Waiver and Indemnification.    

        4.1.    Each Purchaser understands and acknowledges that an exemption from the registration requirements of the Securities Act
requires that there be no general solicitation of purchasers of the Insider Warrants. In this regard, if the IPO (including the filing of a registration statement m connection therewith) were deemed
to be a general solicitation with respect to the Insider Warrants, the offer and sale of such Insider Warrants may not be exempt from registration and, if not, the Purchasers may have a right to
rescind their purchases of the Insider Warrants. In order to facilitate the completion of the IPO and in order to protect the Company, its stockholders and the trust account (the "Trust Account")
established by the Company for the deposit of proceeds from the IPO and the sale of the Insider Warrants from claims that may adversely affect the Company or the interests of its stockholders, each
Purchaser hereby agrees to waive, to the maximum extent permitted by applicable law, any claims, right to sue or rights in law or arbitration, as the case may be, to seek rescission of his purchase of
the Insider Warrants. Each Purchaser acknowledges and agrees that this waiver is being made in order to induce the Company to sell the Insider Warrants to the Purchasers. Each Purchaser agrees that
the foregoing waiver of rescission rights shall apply to any and all known or unknown 

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actions,
causes of action, suits, clams, or proceedings (collectively, "Claims") and related losses, costs, penalties, fees, liabilities and damages, whether compensatory, consequential or exemplary,
and expenses in connection therewith (collectively, "Losses and Expenses"), including reasonable attorneys' and expert witness fees and disbursements and all other expenses reasonably incurred in
Investigating, preparing or defending against any Claims, whether pending or threatened, in connection with any present or future actual or asserted right to rescind the purchase of the Insider
Warrants hereunder or relating to the purchase of the Insider Warrants and the transactions contemplated hereby.    

        4.2.    Each Purchaser agrees not to seek recourse against the Trust Account for any reason whatsoever in connection with his
purchase of the Insider Warrants or any Claim that may arise now or in the future.    

        4.3.    Each Purchaser agrees to indemnify and hold the Company harmless against any and all Losses and Expenses that relate to
Claims brought against the Company by such Purchaser or his, her or its transferees, assigns or any subsequent holder of the Insider Warrants purchased by such Purchaser hereunder.    

        4.4.    Each Purchaser agrees that to the extent any waiver of rights under this Section 4 is ineffective as a matter of
law, each Purchaser has offered such waiver for the benefit of the Company as an equitable right that shall survive any statutory disqualification or bar that applies to a legal right. Each Purchaser
acknowledges the receipt and sufficiency of consideration received from the Company hereunder in this regard.    

        5.    Closing Conditions.    

        5.1.    The obligation of each Purchaser to purchase and pay for Insider Warrants is subject to the fulfillment, on or before
the Closing Date, of each of the following conditions:    

        (a)   Representations and Warranties.    The representations and warranties of the Company contained in
Section 2 shall be true and correct at and as of the Closing Date as though then made. 

        (b)   No Injunction.    No litigation, statute, rule, regulation, executive order, decree, ruling or injunction shall
have been enacted, entered, promulgated or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory organization having authority over the
matters contemplated hereby, which prohibits the consummation of any of the transactions contemplated by this Agreement or the Warrant Agreement. 

        5.2.    The obligations of the Company to each Purchaser under this Agreement are subject to the fulfillment, on or before the
Closing Date, of each of the following conditions:    

        (a)   Representations and Warranties.    The representations and warranties of the Purchasers contained in
Section 3 shall be true and correct at and as of the Closing Date as though then made. 

        (b)   No Injunction.    No litigation, statute, rule, regulation, executive order, decree, ruling or injunction shall
have been enacted, entered, promulgated or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory organization having authority over the
matters contemplated hereby, which prohibits the consummation of any of the transactions contemplated by this Agreement or the Warrant Agreement. 

        6.    Miscellaneous.    

        6.1.    Certificates; Legends.    

        (a)   The
certificates evidencing the Insider Warrants shall be substantially in the form attached as Exhibit B to the
Warrant Agreement. Until such time as a registration statement covering the transfer of Securities has been declared effective or the Securities may be sold pursuant to Rule 144 under the 

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Securities
Act without any restriction as to the number of Securities as of a particular date that can then be immediately sold, the Securities will include a legend substantially in the following
form: 

"THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT") OR THE SECURITIES
LAWS OF ANY STATE OR OTHER JURISDICTION. THE SECURITIES MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED EXCEPT (1) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OR
(2) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT, IN EACH CASE IN ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE STATES AND OTHER JURISDICTIONS, AND, IN THE
CASE OF A TRANSACTION EXEMPT FROM REGISTRATION, ONLY IF THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO IT THAT SUCH TRANSACTION DOES NOT REQUIRE REGISTRATION UNDER THE
SECURITIES ACT AND SUCH OTHER APPLICABLE LAWS." 

        (b)   Each
Purchaser agrees, prior to any permitted transfer of the Securities, to give written notice to the Company expressing his, her or its desire to effect such transfer
and describing briefly the proposed transfer. Upon receiving such notice, the Company shall present copies thereof to its counsel and such Purchaser agrees not to make any disposition of all or any
portion of the Securities unless and until (i) there is then in effect a registration statement under the Securities Act covering such proposed disposition and such disposition is made in
accordance with such registration statement or (ii) if reasonably requested by the Company, (x) the Purchaser shall have furnished the Company with an opinion of counsel, reasonably
satisfactory to the Company, that such disposition will not require registration of such Securities under the Securities Act, (y) the Company shall have received customary representations and
warranties regarding the transferee that are reasonably satisfactory to the Company signed by the proposed transferee and (z) the Company shall have received an agreement by such transferee to
the restrictions contained in the legends referred to in Section 6.1(a) hereof. 

        6.2.    Successors and Assigns.    Except as otherwise expressly provided herein, all covenants and agreements
contained in this Agreement by or on behalf of any of the parties hereto shall bind and inure to the benefit of the respective successors of the parties hereto whether so expressed or not.
Notwithstanding the foregoing, the parties may not assign this Agreement, except that each Purchaser may assign this agreement to one or more of his, her or its affiliates. 

        6.3.    Severability.    Whenever possible, each provision of this Agreement shall be interpreted in such manner as to
be effective and valid under applicable law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law, such provision shall be ineffective only to the extent
of such prohibition or invalidity, without invalidating the remainder of this Agreement. 

        6.4.    Counterparts.    This Agreement may be executed simultaneously in two or more counterparts, none of which need
contain the signatures of more than one party, but all such counterparts taken together shall constitute one and the same agreement. 

        6.5.    Descriptive Headings.    The descriptive headings of this Agreement are inserted for convenience only and do
not constitute a substantive part of this Agreement. 

        6.6.    Governing Law.    This Agreement shall be deemed to be a contract made under the laws of the State of Delaware
and for all purposes shall be construed in accordance with the internal laws of said State. 

        6.7.    No Strict Construction.    The parties hereto have participated jointly in the negotiation and drafting of
this Agreement. In the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties hereto, and no presumption or burden 

5

 

of
proof shall arise favoring or disfavoring any party by virtue of the authorship of any of the provisions of this Agreement. 

        6.8.    Amendment and Restatement.    This Agreement amends, modifies, restates and completely replaces that Original
Agreement, dated April 23, 2008, by the Company and the Purchasers, it being the intention of the parties that this Agreement shall supersede the Original Agreement. 

[Signature
page follows] 

6

 

        IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above. 

	 	 	CHINA MINING RESOURCES HOLDINGS LIMITED
	

 	
 	

By:	

/s/  ROBIN LEE      
	 	 	 	
 Name: Robin Lee

Title: Chairman and Chief Executive Officer

7

 

        IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above. 

	

 	
 	

    /s/  ROBIN LEE      
 Name: Robin Lee
	

 	
 	

    /s/  BAOLONG ZHAO      
 Name: Baolong Zhao
	

 	
 	

    /s/  XIAONA MA      
 Name: Xiaona Ma
	

 	
 	

    /s/  WING KAI HO      
 Name: Wing Kai Ho

8

 
 
 

Schedule A    
    

	Purchaser:
 
	 	Insider Warrants

Purchased:
	 	Purchase Price of

Insider Warrants:

	Robin Lee	 	1,224,000	 	$	1,224,000
	

Baolong Zhao	
 	

437,000	
 	
$	

437,000
	

Xiaona Ma	
 	

262,000	
 	
$	

262,000
	

Wing Kai Ho	
 	

262,000	
 	
$	

262,000
	

Totals	
 	

2,185,000	
 	
$	

2,185,000

9

 
 
 

Exhibit A    
    

        (Form of Warrant Agreement is Attached) 

10

QuickLinks

Exhibit 10.11

CHINA MINING RESOURCES HOLDINGS LIMITED

Schedule A

Exhibit A

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