Carta De Credito

COMPAÑÍA X S.A. DE C.V.
MARSELLA C.P. 44100
COLONIA AMERICANA
GUADALAJARA, JALISCO, MEXICO
CEL: 333 XXX XXX XXX11/JUL/2010

ATTN: LIC. XXXX XXXX XXXX

THIS LETTER IS TO WELCOME YOU AND AT THE SAME TIME CONTINUE WITH THE AGREEMENTIN OUR LAST MEETING IN GUADALAJARA, JALISCO WITH MR. XXXX XXX XXXX AND C.P. XXX XXX XXX XXX XXX.

AFTER CHECKING ALL THEDOCUMENTATION AND SEEING THE BENEFITS OF THIS PROJECT, AS WELL ITS VIABILITY AT 100% WE GIVE US THE OPTION TO ASK FOR THEFOLLOWING:

CREDIT APLICATION

A.- I REQUEST AN EXPRESS CREDIT, FOR THE QUANTITY OF $1,000,000.00 USD (ONE MILLION OFUNITED STATES DOLLARS)

APPLICATION

B.- USE THIS CREDIT TO CONTINUE WITH THE PRE-OPERATIVE PART OF THE TWO MINES “LAPAOLA” AND “LA IGUANA”.

WE ARE LOOKING FORWARD FOR THIS APPLICATION , WE ARE AT YOUR ORDERS FOR ANY DOUBT OR CLARIFICATION.SINCERELY,

COMPAÑÍA X S.A. DE C.V.
XXXXXX XXXXX XXXXX XXXXX XXXX XXXX XXXX XXX XXX XXX XX XXX XX XXX XXX XX XXX XXXXX XXX X
LEGAL AGENT

XXXX XXXX XXX XXX XX XX XX XX XXX XX XX XX X X X X X X X X X X X X X X X X X X X X X X X X X X X XX X X X X X X X X X X X X X X X X X X X X X X X X X X XX X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X