- Current report filing (8-K)
30 Diciembre 2009 - 2:01PM
Edgar (US Regulatory)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 29, 2009
SNT CLEANING INC.
(Exact name of registrant as specified in its charter)
Nevada 333-152356 98-0453936
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
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1702 Chinachem Tower
34-37 Connaught Road Central
Hong Kong, China
(Address of principal executive offices)
Telephone: 011-852-3106-3103
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01 ENTRY INTO A DEFINITIVE MATERIAL AGREEMENT
On December 23, 2009, the Company counter-signed an offer for joint venture -
earn-in to option three mining concessions comprising the Sur de Bolivar Group
of Gold Properties San Carlos Project - Senderos de Oro Project. The terms of
the agreement allow for the option to acquire a 55% interest in each of the
three mining concessions. The payment terms and ongoing payment obligations are
as follows:
1. $275,000 as an initial option payment;
2. $2,500,000 for a first Work Phase over the course of two years of
which:
a. $500,000 shall be to option the three concessions; and
b. $2,000,000 shall be for drilling and additional option payments;
3. $10,000,000 for fill-in frilling and feasibility study within five
years of the agreement.
The agreement is premised upon total estimated gold resources at several million
ounces of gold. The seller will retain the option to convert its 45% interest
into shares of the Company. This agreement is subject to the signing of a
definitive agreement no later than January 15, 2010.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SNT CLEANING INC.
Date: December 29, 2009 /s/ John Martin
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President and Director
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