Attached files

file filename
S-1 - FORM S-1 REGISTRATION STATEMENT - NORTHSIGHT CAPITAL, INC.s1121014_s1.htm
EX-10.8 - EXHIBIT 10.8 AGREEMENT WITH HOWARD R. BAER - NORTHSIGHT CAPITAL, INC.s1121014_ex10z8.htm
EX-23.1 - EXHIBIT 23.1 AUDITOR'S CONSENT - NORTHSIGHT CAPITAL, INC.s1121014_ex23z1.htm
EX-5.1 - EXHIBIT 5.1 LEGAL OPINION - NORTHSIGHT CAPITAL, INC.s1121014_ex5z1.htm

EXHIBIT 10.7


Northsight Capital

7740 E. Evans Road

Scottsdale, AZ 85260


Kae Yong Park

September 23, 2014

PO Box 14110

Scottsdale, AZ 85267


Dear Ms. Park:


This will confirm the agreement between you and Northsight Capital, Inc. (the “Company”) that you will transfer to the persons listed on Exhibit A hereto, for the consideration set forth herein and no other consideration, that number of shares of Company Common Stock listed opposite each such person’s name on such Exhibit A (an aggregate of 3,775,000 shares of Company Common Stock) (the “Shares).


In consideration of your transfer of the Shares in accordance with the foregoing, the Company shall, concurrently with the execution of this agreement, pay to you the sum of $75,500 in cash.


If the foregoing correctly states our agreement, please countersign this letter where indicated below and return a copy to me as soon as possible.


Very truly yours,


Northsight Capital, Inc.

By: /s/ John Bluher

John Bluher, CEO


AGREED TO AND ACCEPTED:


/s/ Kae Yong Park

Kae Yong Park

Date: September 23, 2014





EXHIBIT A


Name of Shareholder

 

Number of Shares

JSL Kids Partners

 

100,000

John Sandor Lemak

 

200,000

Sandor Capital Partners

 

500,000

Frenkel Fam.Trust

 

125,000

Leon S. Frenkel

 

200,000

James Barragan, JR.

 

200,000

Triage Capital Management

 

100,000

Alla Pasternak

 

100,000

Christopher Walk

 

800,000

Yury Minkovsky

 

100,000

Elliot Barnett

 

200,000

Leon Frankel

 

400,000

Tom Frey

 

50,000

Wintermark, LLC

 

700,000

Total:

 

3,775,000