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AGREEMENT FOR THE PURCHASE AND SALE OF STOCK OF BLACKWELLS 1 MINERAO LTDA.

THE PARTIES: TRANSNATIONAL INVESTMENT MANAGEMENT ADVISORS LTD, registered under number of company registration in Hong Kong n.31659454000, established at Room 803, 8/F, FarEast Consortium Building, 121 Des Voeux Road Central, Hong Kong, hereby represented by Charles A. Tang, as seller, hereby to be called TIMA, and MAO JING CAPITAL INVESTMENT CO, LTD, hereby represented by its Chairman Mr. Guo Maoqing, registered under operating license number xxxxxxx of the laws of the Peoples Republic of China, established at xxxxxxxxxxx, Shanghai, Peoples Republic of China, hereby known as MAO. PURCHASE OF SHARES IN BLACKWELLS 1 MINERAO LTDA. HEREBY KNOWN AS BLACKWELLS Whereas TIMA owns 98% of BLACKWELLS 1 MINERAO LTDA, a Brazilian company located at Rua Senador Dantas 71, Rio de Janeiro, Whereas TIMA owns 98% of the stock of BLACKWELLS 1 MINERAO LTDA, Whereas MAO is hereby purchasing 8% of the stock of BLACKWELLS from TIMA. Therefore TIMA, after this purchase of share, will own 90% of BLACKWELLS 1 MINERAO LTDA. DESCRIPTION OF BLACKWELLS BLACKWELLS holds the mineral rights of Blackwells 1 iron ore reserve according to the registration number 870.058/2006 of August 4th, 2006, under the Brazilian Departmnent of Mineral Resources of the Ministry of Mines and Energy as per attached registration license. According to the attached geophysical survey, the Blackwells 1 reserve contains approximately 150 million tons of iron ore. PRICE AND CONDITIONS The purchase price of Rmb 25 million has been agreed upon for the sale and purchase of 8% of BLACKWELLS by MAO. Payment can be made in Rmb, US$, or equivalent and must be made on, or before October 31st, 2011 as these conditions are only valid until this date. Payment should be made by bank transfer to the bank account of TIMA at: HSBC Hong Kong

Name: Transnational Investment Management Advisors Beneficiary Bank Name: HSBC Hong Kong Beneficiary Bank Code: 004 Account: 808-338594-838 Swift Address: HSBCHKHH RESPONSABILITIES MAO will also have the responsibility to attract investments from Chinese companies wishing to invest in BLACKWELLS mineral reserves, or to invest in developing BLACKWELLS 1 into a fully productive mine. CONFIDENTIALITY The parties irrevocabily agree to maintain in strictly confidencial of any data or information other party that may have access, knowledge or will you be trusted because of the conclusion and execution of this Agreement, as well not to disclose, use or provide knowledge, under any circumstances to third parties and not to allow any of its representatives, employees or agents make improper use of such data or information. The confidentiality obligations set above shall bind the parties during the term of this Agreement and continue in the event of termination, regardless of the reason that it will occur. Its disrespect for either party, without the express written consent of the other hand, allow the immediate termination of this Agreement with the appropriate penalties. ARBITRATION Both parties choose the Arbitration Commission of the Hong Kong International Chamber of Commerce. Shanghai, October 13, 2011

TRANSNATIONAL INVESTMENT MANAGEMENT ADVISORS LTD. HONG KONG

MAO JING CAPITAL INVESTMENT CO., LTD, SHANGHAI