EX-10
from 8-K
9 pages
Attention: Mr. Marc Bruner Dear Sirs: Re: Paltar Petroleum Limited Northern Territory Exploration Permits & Application This Letter Sets Out the Agreement (“Agreement”) Reached Among Providence Resources, Inc. as Purchaser (“The Purchaser”), and Paltar Petroleum Limited (The "Vendor") Regarding the Transfer and Sale by the Vendor of Vendor’s 50% Interest in the Petroleum Exploration Permit and Application Assets Listed on Schedule a Hereto (The “Assets”) to the Purchaser Upon the Terms and Conditions Set Forth Herein. Marc Bruner (“Bruner”), as an Indirect Major Shareholder and CEO of the Vendor, and Cr Innovations AG (“Cr Innovations”), as the Lender Under the Proposed Bridge Loans, Each Agree to the Terms Hereof. Acquisition
12/34/56