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FORM 7 MONTHLY PROGRESS REPORT Name of CNS Issuer: Danforth Resources Inc. (the Issuer) Trading Symbol: RFR Number of Outstanding Listed Securities: 205,771,167 Date: March 5, 2020, Report on Business
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How to fill out share exchange agreement

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Step 1: Review the terms and conditions of the share exchange agreement.
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Step 2: Fill out the names and contact details of the parties involved in the share exchange.
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Step 3: Specify the number of shares to be exchanged and their respective values.
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Step 4: Describe any additional terms or conditions of the share exchange agreement.
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Step 5: Sign and date the agreement along with all parties involved.
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Step 6: Keep a copy of the signed agreement for future reference.

Who needs share exchange agreement?

01
Shareholders or stockholders planning to exchange their shares with another party.
02
Companies or individuals involved in mergers, acquisitions, or business reorganizations.
03
Legal advisors or professionals assisting clients in drafting share exchange agreements.
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A share exchange agreement is a legal contract that facilitates the exchange of shares between two or more parties, allowing shareholders to swap their shares in one company for shares in another company.
Typically, companies involved in the share exchange, particularly those that are publicly traded or regulated by governmental authorities, are required to file a share exchange agreement.
To fill out a share exchange agreement, parties should include details such as the names of the companies, the number of shares being exchanged, the valuation of the shares, terms of the exchange, and any additional conditions agreed upon by the parties.
The purpose of a share exchange agreement is to legally document the terms under which shares are exchanged between parties, ensuring clarity, legality, and compliance with applicable laws.
The information that must be reported includes the details of the exchanging companies, the number of shares being exchanged, the exchange ratio, and other specific terms and conditions relevant to the transaction.
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