Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - Triton Emission Solutions Inc. | Financial_Report.xls |
| EX-31.2 - CERTIFICATION - Triton Emission Solutions Inc. | shpr_ex3102.htm |
| EX-32.1 - CERTIFICATION - Triton Emission Solutions Inc. | shpr_ex3201.htm |
| EX-10.30 - LOAN AGREEMENT - Triton Emission Solutions Inc. | shpr_ex1030.htm |
| EX-31.1 - CERTIFICATION - Triton Emission Solutions Inc. | shpr_ex3101.htm |
| EX-32.2 - CERTIFICATION - Triton Emission Solutions Inc. | shpr_ex3202.htm |
| EX-10.31 - LOAN AGREEMENT - Triton Emission Solutions Inc. | shpr_ex1031.htm |
| 10-Q - QUARTERLY REPORT - Triton Emission Solutions Inc. | shpr_10q.htm |
| EX-10.33 - AMENDED AND RESTATED TECHNOLOGY LICENSE AGREEMENT - Triton Emission Solutions Inc. | shpr_ex1033.htm |
LOAN AGREEMENT
June 30, 2014
Poly Shield Technologies Inc. (the “Lender”) of 888 S Andrews Ave, Suite 201, Fort Lauderdale, Florida 33316, advanced US$50,000 (the “Principal Sum”) to New World Technologies Group Inc. (the “Borrower”) of 888 S Andrews Ave, Suite 201, Fort Lauderdale, Florida 33316,. The Lender advanced the funds on June 30, 2014.
The Borrower agrees to repay the Principal Sum on demand, together with interest calculated and compounded monthly at the rate of 6% per year (the “Interest”) from June 30, 2014. The Borrower is liable for repayment for the Principal Sum and accrued Interest and any costs that the Lender incurs in trying to collect the Principal Sum and the Interest.
The Borrower will evidence the debt and its repayment of the Principal Sum and the Interest with a promissory note in the attached form.
LENDER
BORROWER
Poly Shield Technologies Inc.
New World Technologies Group Inc.
Per:
Per:
/s/ Rasmus Norling
/s/ Kevin Sieveres_________________
Authorized Signatory
Authorized Signatory
PROMISSORY NOTE
| Principal Amount: US$50,000 | June 30, 2014 |
FOR VALUE RECEIVED New World Technologies Group Inc., (the “Borrower”) promises to pay on demand to the order of Poly Shield Technologies Inc. (the “Lender”) the sum of $50,000 lawful money of United States of America (the “Principal Sum”) together with interest on the Principal Sum from June 30, 2014 (“Effective Date”) both before and after maturity, default and judgment at the Interest Rate as defined below.
For the purposes of this promissory note, Interest Rate means 6 per cent per year. Interest at the Interest Rate must be calculated and compounded monthly not in advance from and including the Effective Date (for an effective rate of 6.168% per annum calculated monthly), and is payable together with the Principal Sum when the Principal Sum is repaid.
The Borrower may repay the Principal Sum and the Interest in whole or in part at any time.
The Borrower waives presentment, protest, notice of protest and notice of dishonour of this promissory note.
BORROWER
New World Technologies Group Inc.
Per:
/s/ Kevin Sieveres_________________
Authorized signatory