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SHARE PURCHASE EXTENSION # 2 AGREEMENT

Asset Exchange Agreement

SHARE PURCHASE EXTENSION # 2 AGREEMENT | Document Parties: SARA CREEK GOLD CORP. | ORION RESOURCES, NV You are currently viewing:
This Asset Exchange Agreement involves

SARA CREEK GOLD CORP. | ORION RESOURCES, NV

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Title: SHARE PURCHASE EXTENSION # 2 AGREEMENT
Governing Law: Nevada     Date: 1/20/2010

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Exhibit 10.1

 

THIS SHARE PURCHASE EXTENSION # 2 AGREEMENT made the 30th day of December, 2009.

 

BETWEEN:

SARA CREEK GOLD CORP. , a company incorporated under the laws of the State of Nevada and having an address for notice and deliver located at 5348 Vegas Drive, #236, Las Vegas, NV 89108.

 

 

(the “ Investor ”)

 

OF THE FIRST PART

 

AND:

 

ORION RESOURCES, N.V. , a company incorporated under the laws of Suriname and having an address for delivery at Albergastraat #33, Paramaribo, Suriname SA.

 

(the “ Company ”)

 

OF THE SECOND PART

 

WHEREAS:

 

A.  

The Parties entered into a Share Acquisition and Investment Agreement and a subsequent amendment agreement;

 

B.  

The Investor has requested that the closing date be extended to February 1, 2010 and Orion has agreed to extend the closing date to February 1, 2010; and

 

NOW THEREFORE in consideration of the mutual covenants and agreements herein contained, and for other good and valuable consideration (the receipt and sufficiency of which are acknowledged by each party), the parties agree with one another as follows: Clause 1.1(f) is hereby amended to read as follows:

 

(a)  

 “ Closing Date ” means February 1, 2010 or such other date as agreed to by the parties to this Agreement;

 

 

2.  

NOTICES

 

2.1  

Any notices to be given by either party to the other will be sufficiently given if delivered personally or if sent by registered mail, postage prepaid, to the parties at their respective addresses shown on the first page of this Agreement, or to any other addresses as the parties may notify to the other from time to time in writing, or if transmitted by facsimile to such


 
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