ARTICLES OF MERGER OF EGAN SYSTEMS, INC. (Delaware Parent) INTO GOLDTECH MINING CORPORATION (Nevada Subsidiary) The undersigned corporations, pursuant to the provisions of the Nevada Statutes hereby execute the following Articles of Merger: FIRST: The name of the surviving corporation is GOLDTECH MINING CORPORATION. (the "Nevada Company"), and the place of its incorporation is the State of Nevada. The name and place of incorporation of the corporation being merged into the surviving corporation is EGAN SYSTEMS, INC. (the "Delaware Company"), incorporated in the State of Delaware, the laws of which permit this merger. The principal place of business of the Nevada Company is 4904 Waters Edge Drive, Suite 160, Raleigh, NC 27606 and the registered office is 1161 Ambassador Drive, Reno, NV 89523 and the Delaware company is 4904 Waters Edge Edge Drive, Suite 180, Raleigh, NC 27686 and the registered office is United Corporate Services, 15 East North St., Dover, DE 19901. SECOND: A plan of merger was adopted by the board of directors of each corporation that is a party to this merger. THIRD: The plan of merger was approved by the stockholder of the Nevada Company by unanimous consent. FOURTH: The plan of merger was submitted to the stockholders of the Delaware Company. The designation, number of shares outstanding and entitled to vote and undisputed votes for the plan by the stockholders of each class of shares of GOLDTECH MINING CORPORATION (the Delaware Company) entitled to vote on the plan is as follows: Class Number of Outstanding Shares Undisputed Votes Percentage Voting for the Plan for the Plan ---------------- ----------------- Common 29,971,652 16,150,066 53.88% The number of votes cast for the plan by the owners of each class was sufficient for approval by the owners of that class. FIFTH: The Articles of Incorporation of the Nevada Company were not amended. SIXTH: The complete executed plan of merger is hereinafter set forth in its entirety: A. The corporations proposing to merge are EGAN SYSTEMS, INC. (the "Delaware Company" or "Parent"), a Delaware corporation and GOLDTECH MINING CORPORATION (the "Nevada Company" or "Subsidiary"), a Nevada corporation. The Delaware Company, or Parent, is the sole shareholder of the Nevada Company. The Nevada Company shall be the surviving corporation of the merger. B. Upon approval of this plan of merger by the shareholders of both the Nevada Company and the Delaware Company, Articles of Merger shall be filed with the Secretaries of State of Nevada and Delaware. Upon receipt and filing of said Articles of Merger and the issuance of Certificates of Merger by said states, the separate existence of the Parent shall cease; and Subsidiary, the Nevada Company, shall succeed to all the rights and property of the Delaware Company and shall be subject to all the debts and liabilities of the Delaware Company. C. All shares of the Delaware Company shall be entitled to be exchanged for shares of the Nevada Company at the rate of one Nevada Company common share for each common share of the Delaware Company. No fractional shares of the Nevada Company stock will be issued pursuant to this plan of merger. Instead any fractional share otherwise issuable shall be rounded up or down to the nearest whole number of shares. All shares of the Nevada Company stock outstanding prior to the merger shall be canceled. D. The Articles of Incorporation of the surviving corporation shall be the Articles of Incorporation of the Nevada Company immediately prior to the effective date of the merger without amendment or change. SEVENTH: All corporations party to this merger have complied with laws of their respective jurisdiction of incorporation concerning this merger. EIGHTH: These Articles may be executed in multiple counterparts, each of which shall be deemed an original and all of which taken together shall be but a single instrument EGAN SYSTEMS, INC. (The DelawareCompany) By: Ralph Jordan Title: President and Secretary State of North Carolina ss. ss. County of Wake ss. On November 6, 2003 personally appeared before me, a Notary Public Ralph Jordan, acknowledged that he executed the above instrument as President and Secretary of EGAN SYSTEMS, INC., the Delaware Company. Signature of Notary Printed Name: Commission Expires: GOLDTECH MINING CORPORATION (The Nevada Company) By: Ralph Jordan Title: President and Secretary State of North Carolina ss. ss. County of Wake ss. On November 6, 2003 personally appeared before me, a Notary Public Ralph Jordan, acknowledged that he executed the above instrument as President and Secretary of GOLDTECH MINING CORPORATION., the Nevada Company. Signature of Notary Printed Name: Commission Expires: