Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Shining Tree Gold Camp -- Ignore unavailable to you. Want to Upgrade?

To: jjgarcia who wrote (111)

2/28/2012 12:05:44 PM

From: blenderHEAD

Respond to of 260

Shining Tree Res Corp. new development:

yahoo.brand.edgar-online.com

THIS MINERAL PROPERTY ACQUISITION AGREEMENT (“Agreement”) is made effective as of the 10th day of February, 2012 (the “Effective Date”) by and between Shining Tree Resources Corp., an Ontario corporation (“Seller”) and Joshua Gold Resources Inc. , a Nevada corporation (“Purchaser”). Purchaser and Seller are collectively referred to herein as the “Parties” and individually as a “Party”.

3. Purchase Consideration . As consideration for the sale of the Conveyed Property, Purchaser shall deliver the following to Seller in the manner set forth below:

(a) Fifty Thousand Dollars (CDN $50,000.00) according to the following schedule:

(i) Ten Thousand Dollars (CDN $10,000)upon execution of this Agreement;

(ii) Fifteen Thousand Dollars (CDN $15,000) due on March 30, 2012;

(iii) Fifteen Thousand Dollars (CDN $15,000) due on June 30, 2012.

(b) Subject to the approval of the Board of Directors of Joshua Gold Resources Inc., One Million (1,000,000) common shares of the Purchaser on or before March 30, 2012; and

(c) Complete Two Hundred Thousand Dollars (CDN $200,000.00) of Expenditures on the Conveyed Property on or before February 10, 2014. Upon completion of payment for the Property in the aggregate amount of Fifty Thousand Dollars (CDN $50,000) of Expenditures on the Conveyed Property, the seller will issue to the Purchaser 1,000,000 common shares of the Seller on or before July 30, 2012.

EXHIBIT “A”

Description of the Property


CLAIM #:	TOWNSHIP	RECORDED HOLDER	DUE DATE
4251801	Churchill	Shining Tree Resources Corp.
4251802	Churchill	Shining Tree Resources Corp.
4251803	Churchill	Shining Tree Resources Corp.
4251805	Asquith	Shining Tree Resources Corp.