Magna ManagementLtd.2153-349WGeorgiaSt,Vancouver,BCV6B3V3Tel604669-9000Fax604899-8827
November 2nd, 2012
MattMoen
Box54
VirginiaCity, MT 59755
Dear Matt,
Once again, we would like to thank you for your communications with Marlene Moen, Gene Nellis, Hartmut Baitis and lnga Baitis who are the collective (owners) of the mining property associated with the Pony claims. Thank you for confirming that the owners have agreed to an extension of a $250,000 payment due November 5th, 2012 to December 5th, 2012. As discussed we will provide an addendum to the agreement and will be sending it to Rick Orizotti for his review.
Sincerely,
/s/ Carolin Schelta
Carolin Schelta
Magna Management Ltd.
2153-349 WGeorgia St
Vancouver, BC V6B3V3
Mobile:604838-8303
Office: 604 669-9000
Email:botanybug@shaw.ca