Brazil Minerals, Inc. - FORM 10-K - EX-10.28 - April 14, 2016

Attached files

file filename
EX-4.20 - Brazil Minerals, Inc.ex4_20.htm
EX-10.9 - Brazil Minerals, Inc.ex10_9.htm
EX-4.27 - Brazil Minerals, Inc.ex4_27.htm
EX-4.32 - Brazil Minerals, Inc.ex4_32.htm
EX-10.6 - Brazil Minerals, Inc.ex10_6.htm
EX-4.31 - Brazil Minerals, Inc.ex4_31.htm
EX-4.26 - Brazil Minerals, Inc.ex4_26.htm
EX-4.25 - Brazil Minerals, Inc.ex4_25.htm
EX-4.28 - Brazil Minerals, Inc.ex4_28.htm
EX-4.24 - Brazil Minerals, Inc.ex4_24.htm
EX-4.22 - Brazil Minerals, Inc.ex4_22.htm
EX-4.19 - Brazil Minerals, Inc.ex4_19.htm
EX-4.16 - Brazil Minerals, Inc.ex4_16.htm
EX-21.1 - Brazil Minerals, Inc.ex21_1.htm
EX-4.12 - Brazil Minerals, Inc.ex4_12.htm
EX-10.8 - Brazil Minerals, Inc.ex10_8.htm
EX-3.11 - Brazil Minerals, Inc.ex3_11.htm
EX-10.7 - Brazil Minerals, Inc.ex10_7.htm
EX-4.17 - Brazil Minerals, Inc.ex4_17.htm
EX-3.13 - Brazil Minerals, Inc.ex3_13.htm
EX-4.18 - Brazil Minerals, Inc.ex4_18.htm
EX-4.29 - Brazil Minerals, Inc.ex4_29.htm
EX-4.33 - Brazil Minerals, Inc.ex4_33.htm
EX-3.12 - Brazil Minerals, Inc.ex3_12.htm
EX-4.14 - Brazil Minerals, Inc.ex4_14.htm
EX-10.29 - Brazil Minerals, Inc.ex10_29.htm
EX-10.14 - Brazil Minerals, Inc.ex10_14.htm
EX-10.24 - Brazil Minerals, Inc.ex10_24.htm
EX-10.16 - Brazil Minerals, Inc.ex10_16.htm
EX-10.27 - Brazil Minerals, Inc.ex10_27.htm
EX-10.20 - Brazil Minerals, Inc.ex10_20.htm
EX-10.10 - Brazil Minerals, Inc.ex10_10.htm
EX-10.13 - Brazil Minerals, Inc.ex10_13.htm
EX-10.11 - Brazil Minerals, Inc.ex10_11.htm
EX-10.12 - Brazil Minerals, Inc.ex10_12.htm
EX-10.18 - Brazil Minerals, Inc.ex10_18.htm
EX-10.21 - Brazil Minerals, Inc.ex10_21.htm
EX-10.26 - Brazil Minerals, Inc.ex10_26.htm
EX-10.30 - Brazil Minerals, Inc.ex10_30.htm
EX-10.22 - Brazil Minerals, Inc.ex10_22.htm
EX-10.15 - Brazil Minerals, Inc.ex10_15.htm
EX-10.23 - Brazil Minerals, Inc.ex10_23.htm
EX-31 - Brazil Minerals, Inc.ex31_2.htm
EX-32.2 - Brazil Minerals, Inc.ex32_1.htm
EX-31.1 - Brazil Minerals, Inc.ex31_1.htm
10-K - Brazil Minerals, Inc.bmix10k12312015.htm
EX-4.23 - Brazil Minerals, Inc.ex4_23.htm
EX-4.13 - Brazil Minerals, Inc.ex4_13.htm
EX-4.15 - Brazil Minerals, Inc.ex4_15.htm
EX-3.14 - Brazil Minerals, Inc.ex3_14.htm
EX-4.21 - Brazil Minerals, Inc.ex4_21.htm
EX-4.30 - Brazil Minerals, Inc.ex4_30.htm
EX-10.17 - Brazil Minerals, Inc.ex10_17.htm
EX-10.19 - Brazil Minerals, Inc.ex10_19.htm
EX-10.25 - Brazil Minerals, Inc.ex10_25.htm
Exhibit 10.28
 
 
BRAZIL MINERALS, INC.
155 North Lake Avenue, Suite 800
Pasadena, California 91101
 
December 28, 2015
 
Dear Mr. Khowong:

Reference is made to:

i)
the Stock Purchase Agreement (“SPA”) between you and Brazil Minerals, Inc. (“BMIX”) and you from August 10, 2015, in which you purchased 150,000,000 common shares of BMIX common stock (“SPA #1”);

ii)
the SPA between you and BMIX from September 23, 2015, in which you purchased 450,000,000 common shares of BMIX common stock (“SPA #2”);

iii)
the SPA between you and BMIX from October 26, 2015, in which you purchased 400,000,000 common shares of BMIX common stock for $30,000 (“SPA #3”);

By adding the number of shares that you purchased in SPA#1, SPA#2, and SPA#3, we arrive at a total of 1,000,000,000 common shares of BMIX.

In connection with your new investment of $30,000 being funded today, you have agreed to the exchange of the 1,000,000,000 shares of common stock for 200,000 shares of Series C Convertible Preferred Stock of BMIX (“Preferred C”).

Immediately upon the filing with the Nevada Secretary of State of the Certificate of Designations, Preferences and Rights of the Series C Convertible Preferred Stock of BMIX, a copy of which is attached hereto as Exhibit A, BMIX shall issue to you a certificate for 200,000 shares of its Series C Preferred Stock.

Please acknowledge your agreement with the foregoing by signing a copy of this letter in the space indicated below and returning the signed copy to BMIX.

Very truly yours,
BRAZIL MINERALS, INC.

By: /s/ Marc Fogassa
       Marc Fogassa, Chief Executive Officer

AGREED TO:
 
/s/  Benjamin Khowong             
  Benjamin Khowong
 
 
 
 
 
 
 
Exhibit 10.28 -- Page 1

Brazil Minerals, Inc. Reports