Item 1.01 Entry into a Material Definitive Agreement.
On December 21, 2009, the Company entered into an Equipment Purchase Agreement and Bill of Sale with Mexus Gold International, Inc. (MGI) whereby the Company agreed to purchase the following pieces of mining equipment from MGI for a purchase price of 40,000,000 restricted shares of the Company’s common stock. The equipment will be used in mining operations in Mexico.
Equipment Serial Number
Komatsu Dozer Drill 2NKCLL9X7FM327785
Cone CONEP282S11709
Jaw Crusher JAW P12X361209
Serge Tank PSTF96144
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