EXHIBIT 10.2b
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JOINT VENTURE CONTRACT BETWEEN DIYNG (TIANJIN)
MINING SCIENCE AND TECHNOLOGY DEVELOPMENT CO., LTD.
AND EMPIRE MINERALS CORP. (FORMERLY KNOWN AS
EMPIRE GOLD CORP.) FOR THE ESTABLISHMENT OF
EMPIRE (TIANJIN) RESOURCES CO., LTD.
AGREEMENT OF AMENDMENT NO. 2
FOR SCHEDULE OF CAPITAL CONTRIBUTION OF THE REGISTERED CAPITAL
This Agreement of Amendment Number 2 for Schedule of Capital Contribution of the
Registered Capital ("Amendment 2") is signed by the following two parties in
Tianjin, China on this 5th day of November 2007:
PartyA: Diying (Tianjin) Mining Science and Technology Development Co., Ltd.
Address: ▇, ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ District, Tianjin, China 300170
Party B: Empire Minerals Corp. (formerly known as Empire Gold Corp.)
Address: ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇
WHEREAS:
1. The two parties signed the Joint Venture Contract for the
establishment of Empire (Tianjin) Resources Co., Ltd. ("Joint Venture
Company") on December 8, 2006;
2. The Joint Venture Company received all the approval documents from the
relevant government authorities and the business license on April 12,
2007; and
3. The government authorities allow the Joint Venture Company to place
the first installment of the registered capital in a minimum of 20% of
its total registered capital.
4. Party A and Party B signed an Amendment for Total Amount of Investment
and Registered Capital on July 3, 2007. The schedule of payments for
the capital contribution to Party B to the Registered Capital of the
Joint Venture Company was amended.
5. To date, Party B has contributed $500,000 USD to the registered
capital of the Joint Venture Company.
THEREFORE, according to the two parties current situation and needs for the
development of the Joint Venture Company, through mutual discussions, the two
parties reach the following Agreement of Amendment 2 for Article 5.3 of Claus 5
Total Investment and Registered Capital in the Joint Venture Contract.
1. Party B shall contribute the remaining $500,000 on its previously
agreed contribution to the registered capital, no later than February
28, 2008.
2. Party A shall contribute it agreed contribution to the registered
capital, no later than February 28, 2008.
This Amendment Number 2 shall become effective upon signing, and shall be part
of the Joint Venture Contract with the same legal enforcement.
Party A: Diying (Tianjin) Mining Science Party B: Empire Minerals Corp.
and Technology Development Co., Ltd.
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ /s/ ▇▇▇▇▇▇ ▇▇▇▇
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Authorized Representative: Authorized Representative:
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