Nugold Resources Inc. - FORM S-1/A - EX-10.4 - RESCISSION OF GOLD PURCHASE AGREEMENT - November 16, 2012

Attached files

file filename
S-1/A - REGISTRATION STATEMENT ON FORM S-1 AMENDMENT NO. 2 - Nugold Resources Inc.nugolds1.htm
EX-5.1 - OPINION OF STOECKLEIN LAW GROUP, LLP - Nugold Resources Inc.ex5.htm
EX-4.(C) - STOCK CERTIFICATE SPECIMEN - Nugold Resources Inc.ex4c.htm
EX-10.1 - SUBSCRIPTION AGREEMENT - Nugold Resources Inc.ex10.htm
EX-11.1 - STATEMENT OF RE: COMPUTATION OF PER SHARE EARNINGS - Nugold Resources Inc.ex11.htm
EX-3.(II)(A) - BYLAWS - Nugold Resources Inc.ex3ii.htm
EX-3.(I)(A) - ARTICLES OF INCORPORATION - Nugold Resources Inc.ex3ia.htm
EX-10.2 - WAIVER FROM THE STOECKLEIN LAW GROUP, LLP - Nugold Resources Inc.ex10-2.htm
EX-10.3 - GOLD PURCHASE AGREEMENT ?ALCANTARA BRANDS - Nugold Resources Inc.ex10-3.htm
EX-23.2 - CONSENT OF THE STOECKLEIN LAW GROUP, LLP - Nugold Resources Inc.ex23-2.htm
EX-23.1 - CONSENT OF DE JOYA GRIFFITH, LLC - Nugold Resources Inc.ex23-1.htm
EX-10.6 - EX. 10.6 REVOLVING GRID NOTE DATED MARCH 29, 2011 - Nugold Resources Inc.ex10-6gridnote2.htm
EX-10.5 - EX. 10.5 REVOLVING GRID NOTE DATED SEPTEMBER 23, 2010 - Nugold Resources Inc.ex10-5gridnote1.htm
EX-10.7 - EX. 10.7 REVOLVING GRID NOTE DATED OCTOBER 1, 2012 - Nugold Resources Inc.ex10-7gridnote3.htm
 
MUTUAL RESCISSION OF CONTRACT
 


 
This Agreement of mutual rescission of a contract made and entered into this 3rd day of May, 2010, by and between NuGold Resources, Inc., a Nevada corporation (“Buyer”) and Alcantara Brands Corporation, a Nevada corporation (“Seller”).
 
 
The parties hereby mutually acknowledge and agree that:
 
 
1.  On March 1st, 2010, the parties entered into a contract, which is attached and marked Exhibit A.
 
 
2.  The parties to that contract and to this agreement of mutual rescission wish to rescind that contract. As a result of the Seller’s inability to deliver the 107.32 ounces of gold pursuant to Exhibit A, Seller hereby agrees to deliver the Buyer’s Forty Thousand Dollars ($40,000) via wire transfer.
 
 
Therefore, in consideration of the mutual covenants of the parties, the parties hereby rescind the aforementioned contract effective as of this day first written above.  This agreement of mutual rescission shall be binding upon the parties, their successors, assigns and personal representatives.  Neither party shall have any further rights or duties thereunder.
 
 
This agreement shall be enforced under the laws of the State of Nevada. This is the entire agreement.
 
 
 
Buyer: NuGold Resources, Inc.
 
 
/S/ Brenton Country                                                                                 
Brenton Country, President
 
 
Seller: Alcantara Resources Corporation, Inc.
 
 
/S/ Carlos Alcantara                                                                      
Carlos Alcantara, President