Magna Terra entered into a Purchase Agreement with Oroplata (Newmont) that will pay Magna Terra (Atala) $1 million as follows: $25,000 on signing and six installments totalling $975,000 payable ($75,000 paid) within six years from the date of the Agreement. In addition, Newmont (Oroplata) has granted a 2% NSR to Magna Terra (Atala) on the Boleadora package. The royalty can be reduced to 1% by payment of $2.5 million by Oroplata to Atala at anytime, and the gross royalty payable is capped at $20 million.