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Petromin
Back to the
Shareholders !


December 3, 2015

Dear Shareholders,

Re: Making the RIGHT choice and moving Petromin Resources Ltd. forward.

The Annual General and Special Meeting (the “Meeting”) of the shareholders of Petromin Resources Ltd. (the “Company”/ “Petromin”) is being held at 10:00 a.m. on December 29, 2015, (because you will probably be on holidays and unable to vote at that time), at the offices of the Axium Law Corporation located at Suite 910 – 800 West Pender Street, Vancouver, British Columbia.

The Meeting is your only opportunity to be heard. It is your only opportunity to put your foot down and change the leadership of this Company that can and will move it in the right direction to prosper. I urge you, to vote your proxy for change in support of NEW Company Management by electing the following three (3) nominees Ivano DeCotiis, Tyrone Daum, and Francis Landingin.

Background history of the Company and its previous Directors

Nov. 3, 2006 Kenny Chan arranges for a $12 Million USD loan with $240,000 HKD interest only monthly payments for the purpose of purchasing the controlling shares in Enviro Energy International Holdings Limited (“Enviro Energy”). Over the next nine (9) months the Directors of Petromin take $396,312.50 (as declared in the Notes to the Consolidated Financial Statements, March 31, 2007) for “consulting fees to directors and companies controlled by directors and officers” (this paying our interest only payments on ownership of Enviro Energy). None of these Related Party Transactions were reported on SEDAR.

Sep. 10, 2007 Petromin signs letter of intent to purchase NOT LESS THAN 80% of TerraWest Energy Corp. (“TerraWest”).

Sep. 26, 2007 Petromin announces Private Placement to raise $2,152,320.00 for “New Opportunities” (that being the purchase of TerraWest). On Oct. 19, 2007 Petromin had to increase this Private Placement to $2,229,460.00 (presumably because the Company received in excess of the $2,152,320.00 it was originally seeking). This Private Placement has never been closed.

Sep. 30, 2007 Petromin in Form 51-102F1 Management Discussion and Analysis, for the year ended September 30, 2007 at page 5 under OUTLOOK states “management has also positioned the Company to acquire large scale non-conventional CBM land in China by announcing plans to acquire TerraWest Energy Corp.”

Nov. 19, 2007 Petromin is pleased to announce that the Company and its nominee (Mega Investment Development Corp.) have successfully acquired 80% ownership of TerraWest Energy Corp. Nominee definition: a person or company whose name is given as having title to a stock, real estate, etc., but who is not the actual owner. TerraWest at this time has five (5) Directors: Downing, Cameron, Koshman, Wayne and Yeung, 80% of the Directors (4) resign and are replaced with PETROMIN DIRECTORS Chan, Gorrell and Ho along with the one (1) remaining Director of TerraWest, that being: Downing. Ross Gorrell is also appointed as a Director of Enviro Energy at this time.

Jan. 8, 2008 Chavis International Limited (“Chavis”) is incorporated in the British Virgin Islands by Ms. Miu Fong Cheng. Chavis’s principal activity is to hold its investment in TWE. There is NEVER any explanation how TerraWest changed hands from Petromin and its nominee Mega to that of Ms. Cheug and Chavis. Ms. Cheug just declares it as hers, where did she get this from ?

Jan. 28, 2008 (only 20 days later) Chavis is in negotiations with Rich Concept Technology Limited, (“Rich”) a company incorporated in the Cayman Islands and yes, you guessed it right ! Rich, is a wholly owned subsidiary of Enviro Energy (owned and controlled by Kenny Chan, Ross Gorrell, and soon to be Adrian Alan Wan Tsun Chan and Donald O. Downing).

On Dec. 24, 2014 Kenny Chan incorporated a new company Chinook Holdings Limited (“Chinook”) in the British Virgin Islands.

Jan. 29, 2015 Aces Diamond International Ltd. (“Aces”) a company in the Cayman Islands and a wholly owned subsidiary or Enviro Energy (owned and controlled by Kenny Chan, Ross Gorrell, Adrian Alan Wan Tsun Chan and Donald O. Downing) claims 90,000,000 warrants C of TerraWest and 5,923,930 warrants D of TerraWest that were taken and fully paid for and set off by debt owed by TerraWest to Aces.

On Feb. 18, 2015 Enviro Energy announced dividend distribution approved. All 71.61% equity interest of TerraWest being held by Enviro Energy (Chavis, Rich and Aces) got transferred to Chinook. Kenny Chan is the sole Director of Chinook and controls 42.13% and refers to the other shareholders as his associates and parties acting in concert with him. Kenny Chan further confirms Ross Gorrell holds over 10% of equity interest in TerraWest in an Enviro Energy Circular, dated January 12, 2015 at page 17, paragraph 3.

On June 25, 2015 Enviro Energy announces Resignations of Kenny Chan, Ross Gorrell and Adrian Alan Wan Tsun Chan. The lady (Ms. Suen) that gave Kenny Chan $7,500,000 of the $12 Million loan ends up with Mr. Suen in control of Enviro Energy.

The International Arbitration is being handled by David Hall-Jones, Partner, Winston & Strawn LLP, Hong Kong. Mr. David Hall-Jones personal web page can be seen here: https://www.winston.com/en/who-we-are/attorneys/hall-jones-david.html where he is advising and representing a Canadian oil and gas development company in a UNCITRAL ad hoc arbitration against a major Chinese oil company on disputes arising from a high-stakes CBM and shale gas production sharing contract. The sum in dispute is approximately U.S. $2 Billion.

The International Arbitration is fully paid for and financed by Arrowhead Capital Financing (“Arrowhead”) and paid for as follows:

a. Arrowhead has provided two (2) installment payments to Winston & Strawn LLP $2,500,000 USD and $1,500,000 USD;

b. Arrowhead gets the first $8,000,000 USD of any settlement or award and then a further 15%;

c. Winston & Strawn LLP, receives 5% of any settlement or award;

d. The balance of any settlement or award gets paid to TWE, or should I just say Kenny Chan, Ross Gorrell and Adrian Alan Wan Tsun Chan ?

As of Sep. 24, 2015 David Hall-Jones advised “There are no hearings scheduled”.


I understand, there is NEW LEGAL ACTION COMMENCING SOON, to benefit the shareholders – It DOES NOT matter when your shares were acquired, we are NOT IN CHINA !

Vote:
Ivano DeCotiis, Tyrone Daum and Francis Landingin
You have nothing more to lose and everything to gain!