Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - Crown Alliance Capital Ltd | Financial_Report.xls |
| EX-3.2 - CERTIFICATE OF CHANGE - Crown Alliance Capital Ltd | cacl_ex32.htm |
| EX-10.1 - PROMISSORY NOTE - Crown Alliance Capital Ltd | cacl_ex101.htm |
| EX-10.7 - OCCUPANCY AGREEMENT - Crown Alliance Capital Ltd | cacl_ex107.htm |
| EX-31.1 - CERTIFICATION - Crown Alliance Capital Ltd | cacl_ex311.htm |
| EX-31.2 - CERTIFICATION - Crown Alliance Capital Ltd | cacl_ex312.htm |
| EX-32.1 - CERTIFICATION - Crown Alliance Capital Ltd | cacl_ex321.htm |
| 10-K - ANNUAL REPORT - Crown Alliance Capital Ltd | cacl_10k.htm |
| EX-10.2 - EXTENSION TO PROMISSORY NOTE - Crown Alliance Capital Ltd | cacl_ex102.htm |
FURTHER AMENDMENT
to POLICY PURCHASE AGREEMENT entered March 15. 2012 (As amended April 27, 2012)
In reference to the Policy Purchase Agreement by and between Universal Settlements International Inc. (“USI”) and Crown Alliance Capital Limited (“CACL”) (together, the “parties”) as noted above, section 18 of said agreement headed “Termination Date” is hereby further amended to extend termination date to October 31, 2013.
In addition, the parties have agreed that with the material delay in placing the Funding Cost into escrow as set out in section 1 of above noted agreement, and the material extensions to the Termination date, the parties agreed that in the event of any early maturities, section 1(c) of the above agreement headed Early Maturities, is amended to provide that the purchase price of any policy where there is an early maturity shall be paid to USI out of the maturity proceeds first, with the balance of the maturity proceeds after payment of the policy purchase price to USI to be shared equally between the parties.
| USI: | By: /s/ J. Panos |
|
| J. Panos, President |
|
| Universal Settlements International Inc. |
|
| 5500 North Service Road, Suite 703 |
|
| Burlington |
|
| Ontario, L7L 6W6 |
|
|
|
| Purchaser | BY: /s/ L. Fusco |
|
| L. Fusco, President |
|
| Crown Alliance Capital Limited |
|
| 2895 Drew Road, Suite 217 |
|
| Mississauga |
|
| Ontario L4T DA4 |