Can Cal Resources Ltd – ‘SB-2/A’ on 2/12/02 – EX-10.10

On:  Tuesday, 2/12/02   ·   Accession #:  1028269-2-16   ·   File #:  333-72252

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Pre-Effective Amendment to Registration of Securities by a Small-Business Issuer   —   Form SB-2
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SB-2/A      Form Sb-2, Amendment 1 - SEC File No. 333-72252       78    365K 
 2: EX-5.1      Opinion of Counsel                                     2     10K 
 3: EX-10.10    Promissory Notes to Directors & Schwarz                3     11K 
 4: EX-10.20(A)  Amendment to Forbearance Agreement                    2±     8K 
 5: EX-23.0     Consent of Independent Auditors                        2      8K 

EX-10.10   —   Promissory Notes to Directors & Schwarz

EX-10.10
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                                                                   EXHIBIT 10.10

 PROMISSORY NOTE

$63,388.00                                                                      

Las Vegas, Nevada, September 25, 2001, Can-Cal Resources promises to pay to the 
order of Ron Sloan $63,388.00 plus interest. Loan to be paid back in one year.  

It is agreed that if this note is not paid when due or declared due hereunder,  
the entire principal and accrued interest thereon shall draw interest at the    
rate of 7 1/2% per annum, and that failure to make any payment of principal or  
interest when due or any default under any encumbrance or agreement securing    
this note shall cause the whole note to become due at once, or the interest to  
be counted as principal at the option of the holder of the note. The makers and 
endorsers hereof severally waive presentment for payment, protect, notice of    
non-payment and of protest, and agree to any extension of time of payment and   
partial payments before, at or after maturity, and if this note or interest     
thereon is not paid when due, or suit is brought agree to pay all reasonable    
costs of collection.                                                            

Due Date September 25, 2002                                                     

 /s/  Robin Schwarz           9/25/01         /s/  Ron Sloan           9/25/01
--------------------------------------       ---------------------------------- 
Can-Cal Resources                 Date       Ron Sloan                     Date 
(Robin Schwarz)                                                                 

EX-10.10
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 PROMISSORY NOTE

$6,312.84                                                                       

Las Vegas, Nevada, July 17, 2001, Can-Cal Resources promises to pay to the order
of Brian Wolfe $6,312.84 plus interest. Loan to be paid back in one year.       

It is agreed that if this note is not paid when due or declared due hereunder,  
the entire principal and accrued interest thereon shall draw interest at the    
rate of 7 1/2% per annum, and that failure to make any payment of principal or  
interest when due or any default under any encumbrance or agreement securing    
this note shall cause the whole note to become due at once, or the interest to  
be counted as principal at the option of the holder of the note. The makers and 
endorsers hereof severally waive presentment for payment, protect, notice of    
non-payment and of protest, and agree to any extension of time of payment and   
partial payments before, at or after maturity, and if this note or interest     
thereon is not paid when due, or suit is brought agree to pay all reasonable    
costs of collection.                                                            

Due Date July 17, 2002                                                          

   /s/  Ron Sloan             11/02/01          /s/   Brian Wolfe       11/02/01
--------------------------------------       -----------------------------------
Can-Cal Resources (Ron Sloan)  Date          Brian Wolfe                    Date

EX-10.10
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 PROMISSORY NOTE

$21,600.00                                                                      

Las Vegas, Nevada, September 25, 2001, Can-Cal Resources promises to pay to the 
order of Robin Schwarz $21,600.00 at the rate of 20.74% Interest. Loan to be    
paid back in one year. Can-Cal will make interest payments until that time.     

It is agreed that if this note is not paid when due or declared due hereunder,  
the entire principal and accrued interest thereon shall draw interest at the    
rate of 7 1/2% per annum, and that failure to make any payment of principal or  
interest when due or any default under any encumbrance or agreement securing    
this note shall cause the whole note to become due at once, or the interest to  
be counted as principal at the option of the holder of the note. The makers and 
endorsers hereof severally waive presentment for payment, protect, notice of    
non-payment and of protest, and agree to any extension of time of payment and   
partial payments before, at or after maturity, and if this note or interest     
thereon is not paid when due, or suit is brought agree to pay all reasonable    
costs of collection.                                                            

Due Date September 25, 2002                                                     

   /s/  Ron Sloan              9/25/01         /s/  Robin Schwarz        9/25/01
--------------------------------------       -----------------------------------
Can-Cal Resources (Ron Sloan)     Date       Robin Schwarz                  Date

Dates Referenced Herein

				Referenced-On Page
This ‘SB-2/A’ Filing		Date		First		Last			Other Filings
		9/25/02		1		3			None on these Dates
		7/17/02		2
Filed on:		2/12/02
		9/25/01		1		3
		7/17/01		2
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