Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - Triton Emission Solutions Inc. | dsox_8k.htm |
LOAN AGREEMENT
July 28, 2015
Paer Tomas Rasmus Norling (the “Lender”) with an address at 2067 Calle Espana Apt. 2 San Juan, Puerto Rico 00911, advanced USD$200,000 (the “Principal Sum”) to Triton Emission Solutions Inc. (the “Borrower”) with the registered address at 151 San Francisco St, Suite 201, San Juan, PR 00901. As part of the Principle Sum the Lender agreed to pay Borrower’s outstanding debt with Lemag Lehmann & Michels Gmb represented by invoice #29761 in the amount of USD$49,133.14 (EURO 42,569.00). The lender paid the said invoice on July 15, 2015, of which confirmation is attached as an Exhibit “A” to this Loan Agreement.
The Principal Sum is to accumulate interest at the rate of 6% per year compounded monthly (the “Interest”) from July 28, 2015. In addition, The Borrower acknowledges that it will be obligated to repay any costs that the Lender may incur in trying to collect the Principal Sum and the Interest.
The Lender acknowledges that the Principal Sum together with accrued interest is to be repaid not earlier than 90 days following the execution of the Loan Agreement.
The Borrower will evidence the debt and the repayment of the Principal Sum and the Interest with a promissory note in the attached form.
| LENDER | BORROWER |
| Paer Tomas Rasmus Norling | Triton Emission Solutions Inc. |
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| Per: |
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| /s/ Rasmus Norling | /s/ Anders Aasen |
| Paer Tomas Rasmus Norling | Anders Aasen |
PROMISSORY NOTE
| Principal Amount: USD$200,000 | July 28, 2015 |
FOR VALUE RECEIVED Triton Emission Solutions Inc., (the “Borrower”) of 151 San Francisco St, Suite 201, San Juan, PR 00901 promises to pay not earlier than 90 days following execution of this Promissory Note to the order of Paer Tomas Rasmus Norling (the “Lender”) of 2067 Calle Espana Apt. 2 San Juan, Puerto Rico 00911, the sum of USD$200,000 (the “Principal Sum”) together with the accumulated Interest.
For the purposes of this promissory note, Interest Rate means six (6) per cent per year. Interest at the Interest Rate must be calculated and compounded monthly not in advance from and including the Effective Date (for an effective rate of 6.17% per annum calculated monthly), and is payable together with the Principal Sum not earlier than 90 days following execution of this Promissory Note.
The Borrower waives presentment, protest, notice of protest and notice of dishonour of this promissory note.
BORROWER
Triton Emission Solutions Inc.
Per:
/s/ Anders Aasen
Anders Aasen
Exhibit A
TO LOAN AGREEMEBER AND PROMISSORY NOTE
BETWEEN PAER TOMAS RASMUS NORLING AND
TRITON EMISSION SOLUTIONS INC.
DATED EFFECTIVE AS OF JULY 28, 2015
(See Attached)
![[dsox_ex101001.jpg]](dsox_ex101001.jpg)
![[dsox_ex101002.jpg]](dsox_ex101002.jpg)