EX-10
from 8-K
9 pages
Whereas: A. the Vendor Is the Beneficial and Registered Owner of the Mineral Interests Described and Illustrated in Schedule "A" Attached Hereto (The "Property "), Located in the Cochrane and Darcy Townships in Northern Ontario; B. the Vendor Has Agreed to Sell to the Purchaser and the Purchaser Has Agreed to Purchase the Property in Accordance With the Terms and Conditions Hereinafter Set Forth 1. Representations and Warranties 1.1 the Vendor Hereby Represents and Warrants to the Purchaser as Follows: 1. It Is, and at the Time of Transfer to the Purchaser Will Be, the Beneficial Owner(s) of a 100% Undivided Interest in and to the Property Free and Clear of All Liens, Charges and Claims of Others, and No Taxes or Rentals Are or Will Be Due in Respect of Any Thereof When Full Payment Is Executed; 2. to the Best of the Vendor's Knowledge, Information and Belief, the Property, as Described in Schedule "A", Is Owned by the Vendor Free and Clear of All Liens, Charges and Encumbrances; 3. There Is No Adverse Claim or Challenge to the Ownership of or Title to the Property
12/34/56