Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

Stallion Uranium Corp. Merger & Acquisition 2026

Apr 2, 2026

47117_rns_2026-04-02_4bb30d9d-6d75-4806-b427-1e10989a130b.pdf

Merger & Acquisition

Open in viewer

Opens in your device viewer

BINDING HEADS OF AGREEMENT

STRICTLY PRIVATE AND CONFIDENTIAL

ITEM TERMS
1. Parties (a)
Resolution Minerals Ltd (ACN 617 789 732) of Level 21, 91 King William Street,
Adelaide SA 5000 (RML);
(b)
1503571 B.C (an entity incorporated under the laws of British Columbia with
incorporation number BC1503571) of 1055 West Georgia Street, 1500 Royal
Centre, PO Box 11117, Vancouver BC V6E 4N7, Canada (Company); and
(c)
the shareholders of the Company at Completion (defined below) described
in Annexure A (Shareholders),
(together thePartiesand each aParty).
2. Background 1262446 B.C. Ltd. (an entity incorporated under the laws of British Columbia with
incorporation number BC1262446 (Horse Heaven Parent) through its wholly owned
subsidiary, Horse Heaven Holdings Inc., (an entity incorporated under the laws of
Nevada with entity number E9685252020-4 (Horse Heaven Holdings) holds an
undivided 100% legal and beneficial interest in the Horse Heaven Gold and Antimony
project consisting of 699 Mineral Rights covering 5,817 ha located in Idaho, United
States, the details of which are set out in Annexure B (Mineral Rights).
The Company has been granted an exclusive option to acquire 100% of the issued and
outstanding common shares, Class A shares and Class B shares in the capital of Horse
Heaven Parent (Option) in accordance with the terms of an option agreement (Option
Agreement) entered into between the Company and Stallion Uranium Corp. (a
corporation incorporated under the laws of British Columbia) (Optionor).
This Agreement sets out the terms upon which RML agrees to acquire 100% of the issued
and outstanding common shares in the Company (Shares) held by each of the
Shareholders.
3. Nature of
Agreement		 This Agreement is legally binding on all Parties.
This Agreement supersedes any and all previous correspondence, agreements or
understandings between the Parties in respect of the subject matter of this Agreement
and is binding on all of the Parties. The Shareholders and the Company of the one part,
and RML of the other part, must jointly and severally procure that each complies with
this Agreement.
4. Acquisition Subject to the satisfaction or waiver of the conditions precedent set out in clause 6
below, RML agrees to acquire and the Shareholders each agree to sell all of their
Shares, free from encumbrances, for the consideration referred to in clause 5 below
(theAcquisition).
5. Consideration Subject to the terms and conditions of this Agreement, RML agrees to:
(a)
issue the Shareholders (or their nominees):
(i)
an aggregate of 444,812,889 fully paid ordinary shares in the capital
of RML (Consideration Shares); and
(ii)
an aggregate of 222,406,445 options to acquire fully paid ordinary
shares in the capital of RML exercisable at A$0.018 each on or
before 31 July 2028 (Consideration Options);
(b)
pay the Shareholders (by electronic transfer to an account nominated by the
Sellers):
(i)
an initial aggregate cash payment of A$600,000 (Initial Cash
Consideration) on completion of the Acquisition (Completion); and
(ii)
a second aggregate cash payment of A$400,000 (Deferred Cash
Consideration) payable within nine months of Completion.
(together, theConsideration).

1

6932-01/3678198_9 LEGAL_46754819.9

ITEM TERMS
The Consideration Shares and Consideration Options (Consideration Securities) issued
to the Shareholders will be subject to voluntary escrow, and will be released in
accordance with the following schedule:
(a)
25% of the Consideration Securities will be freely tradeable from Completion;
(b)
25% of the Consideration Securities will be escrowed until the date that is
three months after Completion;
(c)
25% of the Consideration Securities will be escrowed until the date that is six
months after Completion; and
(d)
25% of the Consideration Securities will be escrowed until the date that is
twelve months after Completion.
The Consideration will be apportioned amongst the Shareholders in the amounts set
out in Annexure A and will be paid in full on Completion, other than the Deferred Cash
Consideration which will be paid within nine months of Completion.
6. Conditions
Precedent		 (a)
Completion is conditional upon the satisfaction (or waiver) of the following
conditions precedent:
(i)
Due diligence:completion of financial, legal and technical due
diligence by RML on the Company, Horse Heaven Parent, Horse
Heaven Holdings and the Mineral Rights, to the absolute satisfaction
of RML;
(ii)
Capital raising:RML undertaking a capital raising and receiving
valid applications for at least A$750,000 worth of fully paid ordinary
shares in the capital of RML (RML Shares) under the capital raising
(Capital Raising);
(iii)
Shareholder approval:the shareholders of RML approving the issue
of securities in connection with the Acquisition in a general meeting,
including the issue of Consideration Shares and Consideration
Options to the Shareholders and the issue of RML Shares and options
to acquire RML Shares to various parties as a transaction and capital
raising fee in accordance with the ASX Listing Rules and the
Corporations Act 2001(Cth) (Corporations Act);
(iv)
Acquisition of Horse Heaven Parent:the Shareholders making a
further option payment of CAD$200,000 under the Option
Agreement, exercising the Option and completing the acquisition
of 100% of the issued capital of Horse Heaven Parent;
(v)
Regulatory approvals: the Parties obtaining all necessary regulatory
approvals or waivers pursuant to the ASX Listing Rules, Corporations
Act or any other law to allow the Parties to lawfully complete the
matters set out in this Agreement; and
(vi)
Third party approvals: the Parties obtaining all third party approvals
and consents necessary to lawfully complete the matters set out in
this Agreement,
(together, theConditions Precedent).
(b)
The Conditions Precedent in clauses 6(a)(i) to 6(a)(iv) are for the benefit of
RML and may only be waived by RML.
(c)
The Conditions Precedent in clauses 6(a)(v) and 6(a)(vi) are for the benefit of
both RML and the Company and may only be waived by written agreement
between both Parties.

2

6932-01/3678198_9

LEGAL_46754819.9

ITEM TERMS
(d)
If the Conditions Precedent are not satisfied (or waived by the Party with the
benefit of the Condition Precedent) on or before 5.00pm (Perth time) on 31
August 2025 (or such other date agreed by the RML and the Company in
writing), or become incapable of being satisfied and are not waived (End
Date), then RML or the Company may terminate this Agreement by notice in
writing to the other Parties, in which case, the agreement constituted by this
Agreement will be at an end and the Parties will be released from their
obligations under this Agreement (other than in respect of any breaches that
occurred prior to termination).
(e)
Each Party must:
(i)
use reasonable endeavours to ensure that the Conditions
Precedent are satisfied before the End Date;
(ii)
keep the other Parties informed as to the status of satisfaction of the
Conditions Precedent; and
(iii)
notify the other Parties as soon as a Condition Precedent has been
satisfied or becomes incapable of being satisfied.
(f)
This clause 6 shall survive expiry or termination of this Agreement.
7. Completion (a)
Completion will occur on that date which is five business days (as defined in
the ASX Listing Rules,Business Days) after the satisfaction (or waiver) of the
Conditions Precedent set out in clause 6 (Completion Date).
(b)
At Completion:
(i)
RML must pay the Initial Cash Consideration to the Shareholders;
(ii)
the board of directors of the Company must pass a consent
resolution approving:
(A)
the registration (subject to payment of stamp duty) of the
transfers of the Shares and the issue of new share
certificates for the Shares in the name of RML (or its
nominee);
(B)
recording RML (or its nominee) as the holder of the Shares
in the Company’s central securities register;
(C)
taking all other steps required under the Company’s
constituent documents and applicable laws to constitute
and evidence RML (or its nominee) as the sole holder of
the Shares;
(D)
accepting the resignations of each of the directors and
secretaries of the Company, Horse Heaven Parent and
Horse Heaven Holdings (together, theGroupand each a
Group Member) with effect from the Completion Date
and the appointment as additional directors and
secretary of each Group Member of those persons
nominated by RML by written notice before the
Completion Date; and
(E)
the revocation of any existing authorities to operate bank
accounts of the Company;
(F)
the approval of alteration of the signatories of each bank
account of the Company in the manner required RML by
written notice before the Completion Date; and
(G)
the transaction of any other reasonable business of which
RML may give notice before the Completion Date; and

3

6932-01/3678198_9

LEGAL_46754819.9

ITEM TERMS
(iii)
RML must allot and issue the Consideration Shares and
Consideration Options to the Shareholders (or their nominees) in the
amounts set out in Annexure A and deliver holding statements to
the Shareholders (or their nominees) for those Consideration Shares
and Consideration Options;
(iv)
the Shareholders and the Company must deliver or cause to be
delivered to RML:
(A)
share certificates in respect of the Shares;
(B)
separate instruments of transfer in registrable form for the
Shares in favour of RML (or its nominee) (as transferee)
which have been duly executed by each of the
Shareholders (as transferors) in relation to their respective
Shares;
(C)
the corporate, legal, technical and financial records for
each Group Member, including all technical information
in the possession or control of each Group Member
relating to the Mineral Rights (Mining Information) and
instruments of title for the Mineral Rights (Business Records);
(D)
the written resignations of each of the directors and
secretary of each Group Member with effect from the
Completion Date confirming that they each have no
claim for loss of office or otherwise against the relevant
Group Member (save for any director who is to remain as
agreed with RML);
(E)
a duly completed authority for the alteration of the
signatories of each bank account of the Company in the
same manner required by RML by written notice before
the Completion Date; and
(F)
voluntary
restriction
agreements
signed
by
each
Shareholder which relate to the restriction on trading of
the Consideration Securities in accordance with clause 5
above, in a form prepared by RML.
(c)
The obligations in this clause 7 are interdependent and all actions required to
be performed are taken to have occurred simultaneously at Completion.
8. Obligations
following
Completion		 As soon as practicable following Completion, RML must:
(a)
do all acts and execute all documents that are necessary to receive the
transfer of the Shares and complete any other transaction contemplated by
this Agreement;
(b)
apply to ASX for official quotation of the Consideration Shares; and
(c)
instruct its share registry to record the Shareholders (or their nominees) as the
holder of the Consideration Shares in RML’ s share register.
9. Perfection of Title From Completion until the Shares are registered in the name of RML, each Shareholder
must:
(a)
appoint RML as the sole proxy of the holders of the Shares to attend
shareholders’ meetings and exercise the votes attaching to the Shares;
(b)
not attend and vote at any shareholders’ meetings of the Company; and
(c)
take all other actions in capacity of a registered holder of the Shares as RML
directs.
10. Warranties and
Indemnities by all
Shareholders		 (a)
Each Shareholder jointly and severally makes the warranties as set out in
Section 1 of Annexure C as at the date of execution of this Agreement
(Execution Date) and on the Completion Date (except where expressly
stated to occur on another date).

4

6932-01/3678198_9

LEGAL_46754819.9

ITEM TERMS
(b)
Each warranty must be construed independently and is not limited by
reference to another warranty.
(c)
Each of the warranties listed in Section 1 of Annexure C survive Completion
for a period of two (2) years.
(d)
Each Shareholder jointly and severally indemnifies and holds RML harmless
against all losses, claims, costs, demands, liabilities and expenses (Claims)
which may be suffered, sustained or incurred directly by RML by reason of a
breach by a Shareholder of any of the representations and warranties of a
Shareholder contained in this Agreement.
11. Warranties and
Indemnities by the
Company		 (a)
The Company makes the representations and warranties to RML set out in
Section 2 of Annexure C as at the Execution Date and on the Completion
Date (except where expressly stated to occur on another date).
(b)
Each warranty must be construed independently and is not limted by
reference to another warranty.
(c)
Each of the warranties listed in Section 2 of Annexure C survive Completion
for a period of two (2) years.
(d)
The Company shall indemnify and hold RML harmless against all Claims which
may be suffered, sustained or incurred by RML directly or indirectly as a result
of or in respect of a breach by the Company of any of the covenants,
warranties, representations or undertakings of the Company referred to or
contained in this Agreement.
(e)
Where any warranty is qualified by the expression “to the best of the
Company’s knowledge” or any similar expression, the Company will be
deemed to know or be aware of a particular fact, matter or circumstance if
a director, officer or senior manager of the Company is aware of that fact,
matter or circumstance on the date the warranty is given or would have
become aware of that fact, matter or circumstance on the date the
warranty is given if the Company had made reasonable enquiries of all
people who might be reasonably expected to have knowledge or
awareness of relevant facts.
12. Warranties and
Indemnities by all
Major
Shareholders		 (a)
Each Major Shareholder jointly and severally makes the warranties as set out
in Section 3 of Annexure C as at the Execution Date and on the Completion
Date (except where expressly stated to occur on another date).
(b)
Each warranty must be construed independently and is not limited by
reference to another warranty.
(c)
Each of the warranties listed in Section 3 of Annexure C survive Completion
for a period of two (2) years.
(d)
Each Major Shareholder jointly and severally indemnifies and holds RML
harmless against all Claims which may be suffered, sustained or incurred
directly by RML by reason of a breach by a Major Shareholder of any of the
representations and warranties of a Major Shareholder contained in this
Agreement.
(e)
Where any warranty is qualified by the expression “to the best of the Major
Shareholder’s knowledge” or any similar expression, a Major Shareholder will
be deemed to know or be aware of a particular fact, matter or circumstance
if the Major Shareholder or, where a Major Shareholder is a corporation, a
director, officer or senior manager of the Major Shareholder, is aware of that
fact, matter or circumstance on the date the warranty is given or would have
become aware of that fact, matter or circumstance on the date the
warranty is given if the Major Shareholder had made reasonable enquiries of
all people who might be reasonably expected to have knowledge or
awareness of relevant facts.
13. Warranties and
Indemnities by RML		 By executing this Agreement, RML makes the following representations and warranties
both as at the Execution Date and on the Completion Date:

5

6932-01/3678198_9

LEGAL_46754819.9

ITEM TERMS
(a)
the execution and delivery of this Agreement has been duly and validly
authorised by all necessary corporate action on behalf of RML;
(b)
RML has full corporate power and lawful authority to execute and deliver this
Agreement and, subject to satisfaction of the Conditions Precedent, to
observe and perform or cause to be observed and performed all of their
obligations in and under this Agreement; and
(c)
no event of insolvency has occurred in respect of RML, nor have any steps
been taken for, or fact, act, matter or circumstance occurred which may be
likely to give rise to any steps being taken for such an event of insolvency.
14. Due Diligence
Information		 In order for RML to complete the due diligence contemplated by the Conditions
Precedent, the Company acknowledges that RML will require, and will be granted on
reasonable notice, access to the following information:
(a)
all Business Records including, for avoidance of doubt, all Mining Information
relating to the Mineral Rights;
(b)
all material contracts entered into by the Group;
(c)
details of all employees of the Group and the terms of engagement;
(d)
details of all insurance policies and banking arrangements/facilities of the
Group;
(e)
copies of any relevant licences or regulatory approvals held or required by
the Group in order to operate its business;
(f)
details of all intellectual property of the Group and documents evidencing
registration of all relevant mastheads, trademarks, business names, copyright
material and patents;
(g)
details of all freehold and leasehold properties owned or occupied by the
Group, including all relevant agreements in respect of those properties;
(h)
details of any constituent documents (e.g. constitution/articles of association
or shareholders agreement);
(i)
details of all equity securities on issue (e.g. shares, options, convertible notes)
and any agreement, intention or obligation to issue further equity securities;
(j)
details of all fixed assets and plant owned by the Group; and
(k)
details of any known circumstances which might give rise to any litigation,
arbitration, dispute or claim involving the Group.
The Shareholders agree to procure each Group Member to make the information set
out above available to RML.
15. Maintaining Status
Quo		 (a)
Other than as contemplated in this Agreement, or as disclosed fully and fairly
in writing to RML before the Execution Date, or with the prior written approval
of RML, during the period between the Execution Date and Completion
(Interim Period), the Company must not:
(i)
undertake or allow any material business change;
(ii)
enter into any material contract or incur any material liability other
than in the ordinary course of business;
(iii)
dispose of the whole, or a substantial part, of its business or assets;
(iv)
vary or reduce its capital structure;
(v)
issue, or agree to issue, any equity or debt securities, or grant or
agree to grant any rights over existing issued capital, or rights to be
issued securities;
(vi)
alter or agree to alter its articles
(vii)
declare any dividends or distribute any assets;

6

6932-01/3678198_9

LEGAL_46754819.9

ITEM TERMS
(viii)
cause to occur, by act or omission, an event or series of events,
whether related or not, which may have, from the perspective of
RML, a material adverse effect on the business, assets or financial
condition of the Company or on the transactions contemplated by
this Agreement;
(ix)
create or permit the creation of any encumbrance over the assets
of the Company or its subsidiaries;
(x)
take any action in respect of the Option Agreement, except to
complete the exercise of the Option, including agreeing to vary the
Option Agreement, waive its rights under the Option Agreement,
terminate the Option Agreement or enter into any other written
agreement with the Optionor in respect of the Mineral Rights, the
issued capital of Horse Heaven Parent or the Option Agreement;
and
(xi)
sell, assign or dispose of any legal or beneficial interest in the Mineral
Rights or its rights under the Option Agreement.
(b)
In addition, during the Interim Period the Company agrees to, and
subsequent to the exercise of the Option, cause Horse Heaven Parent and
Horse Heaven Holdings to:
(i)
comply with the terms and conditions of the Option Agreement and
fulfil its obligations under the Option Agreement;
(ii)
maintain the Mineral Rights in full force and keep the Mineral Rights
in good standing and free from any liability to forfeiture or non-
renewal under all applicable laws;
(iii)
meet all outgoings in respect of the Mineral Rights;
(iv)
observe and perform all stipulations and conditions relating to the
Mineral Rights (including, without limitation, expenditure conditions
prescribed under any applicable laws) and all statutory obligations
relating to activities on the Mineral Rights;
(v)
provide RML and its employees, servants, agents and contractors
with reasonable access to the Mineral Rights;
(vi)
not relinquish any portion of any of the Mineral Rights except with
the agreement of RML, such agreement not to be unreasonably
withheld; and
(vii)
promptly pass to RML any notice or communication from any
government authority or third a party in any way affecting the
Mineral Rights.
(c)
The Shareholders must not consent to the Company undertaking any act
which may result in a breach of clause 15(a) or clause 15(b).
(d)
Prior to the exercise of the Option, the Company must not consent to Horse
Heaven Parent or Horse Heaven Holdings undertaking any act which would
result in:
(i)
Horse Heaven Holdings failing to:
(A)
maintain the Mineral Rights in full force and keep the
Mineral Rights in good standing and free from any liability
to forfeiture or non-renewal under all applicable laws;
(B)
meet all outgoings in respect of the Mineral Rights; or
(C)
observe and perform all stipulations and conditions
relating to the Mineral Rights (including, without limitation,
expenditure conditions prescribed under any applicable
laws) and all statutory obligations relating to activities on
the Mineral Rights; or

7

6932-01/3678198_9

LEGAL_46754819.9

ITEM TERMS
(ii)
the relinquishment of any portion of any of the Mineral Rights.
16. Exclusivity During the period from the Execution Date until the earlier of Completion or termination
of this Agreement, each of the Company and the Shareholders agree that they will
not:
(a)
participate in any negotiations or discussions with, or provide any information
to, or accept or enter into any agreement, arrangement or understanding
with, any third parties in respect of a transaction that may reduce the
likelihood of success of the transactions contemplated by this Agreement
and will also cease any existing discussions or negotiations regarding such
transactions (Competing Transactions);
(b)
engage with any other third party other than advisors, accountants or
lawyers in connection with the sale of all or any Shares, the Mineral Rights, the
Company’s rights under the Option Agreement or any of the Company’s
business, assets or undertaking;
(c)
provide any third party with any information regarding the Company or its
business, assets or undertakings, other than in the ordinary course of its
ordinary business;
(d)
grant any rights over the Mineral Rights or contract to sell any of the Mineral
Rights except to RML; and
(e)
encumber, assign, charge or otherwise dispose of the Mineral Rights or any
of the Company’s rights in respect of the Mineral Rights except to RML.
17. Agreement to be
bound by
constitution		 Each of the Shareholders agrees, subject to Completion occurring, to be bound by the
constitution of RML on and from the date of the issue of the Consideration Shares.
18. Post-Completion
Tax Returns		 (a)
The Shareholders will, at their own cost and expense, have the sole conduct
and control of the preparation and filing of all Tax Returns of the Group to the
extent
they
are
required
to
be
filed
before
Completion
(Pre-Completion Returns) and must file those tax returns prior to Completion.
(b)
In preparing the Pre-Completion Returns, the Shareholders must:
(i)
prior to lodgement, consult with RML and provide RML with drafts of
the Pre-Completion Returns for review together with any supporting
materials, and take into account any reasonable comments made
by RML;
(ii)
provide copies of the final Pre-Completion Returns to RML; and
(iii)
act reasonably and in a manner consistent with its actions prior to
Completion, unless required to adopt an inconsistent position to
comply with a tax law.
(c)
RML will, at its own cost and expense, have the sole control of the preparation
and filing of all tax returns of the Group that are required to be filed after
Completion.
(d)
The Parties will co-operate in connection with the preparation and filing of
any tax return of the Group with respect to a period or part period before
Completion and any administrative proceeding involving any such tax return.
19. Confidentiality Each Party is to keep confidential the terms of this Agreement and any other
information contained from one another during the negotiations preceding the
execution of this Agreement or in the course of furthering the transaction
contemplated by this Agreement whether in the course of conducting due diligence
or otherwise (Confidential Information), and it is not to disclose to any person except:
(a)
to officers, employees, shareholders, legal advisers, auditors and other
consultants requiring the information for the purposes of this Agreement;
(b)
with the consent of the Party or Parties which own the Confidential
Information;

8

6932-01/3678198_9

LEGAL_46754819.9

ITEM TERMS
(c)
if the information is, at the date of this Agreement, lawfully in the possession
of the recipient of the information through sources other than any of the other
Parties;
(d)
if required by law or a stock exchange;
(e)
if strictly and necessarily required in connection with legal proceedings
relating to this Agreement;
(f)
if the information is generally and publicly available other than as a result of
a breach of confidence; or
(g)
to a financier or prospective financier (or its advisers) of a Party.
A Party disclosing Confidential Information must use all reasonable endeavours to
ensure that persons receiving the Confidential Information from it do not disclose the
Confidential Information except in the circumstances permitted in this clause.
The obligations under this clause contain obligations separate and independent from
the other obligations of the Parties and remain in existence for a period of two years
from the date of this Agreement, regardless of any termination of this Agreement.
For the avoidance of doubt, the Parties acknowledge and agree that RML is listed on
ASX and is subject to continuous disclosure obligations applicable to that exchange.
Accordingly, details of this Agreement, the Company, the Shareholders and the assets
and undertakings of the Company (potentially among other information) will need to
be disclosed in announcements to ASX.
20. Governing Law This Agreement is governed by and construed in accordance with the laws of South
Australia. Each Party irrevocably submits to the non-exclusive jurisdiction of the courts
of South Australia, and the courts competent to determine appeals from those courts
with respect to any proceedings which may be brought at any time relating to this
Agreement.
21. Assignment No Party may assign, novate or otherwise transfer any of its rights or obligations under
this Agreement without the written consent of the other Parties.
22. Tax (a)
In the event a supply made by one Party to another under this Agreement is
subject to a value added or similar tax, the price stated in this Agreement is
exclusive of such tax and the recipient of such a supply must pay to the other
Party an amount equal to the amount of any such tax in addition to any
amount stated in this Agreement and at the same time.
(b)
Any payment of such tax is subject to the other Party providing any invoice
or similar documentation required by law with respect to such tax.
(c)
No Party makes any representation to the other with regard to the intended
tax consequences of the Acquisition.
23. Notices Each notice authorised or required to be given to a Party shall be in writing and may
be delivered personally or sent electronically or by properly addressed prepaid mail in
each case addressed to the Party at its address set out in below:
In the case ofRML:
Address:
Level 21, 91 King William Street, Adelaide SA 5000
Email:
[email protected]
Attention:
The Company Secretary
In the case of theCompany:
Address:
1055 West Georgia Street, 1500 Royal Centre POS Box 11117,
Vancouver BC V6E 4N7 Canada
Email:
[email protected]
Attention:
The Company Director
In the case of the Shareholders: The addresses set out in Annexure A.

9

6932-01/3678198_9

LEGAL_46754819.9

ITEM TERMS
24. General (a)
Each Party will promptly do and perform all further acts and execute and
deliver all further documents (in form and content reasonably satisfactory to
that Party) required by law or reasonably required by the other Party to give
effect to this Agreement.
(b)
Each Party shall bear their own legal costs of and incidental to the
preparation, negotiation and execution of this Agreement. RML will pay any
stamp duty assessed on or in respect of this Agreement.
(c)
The rights, power and remedies provided in this Agreement are cumulative
with and not exclusive to the rights, power or remedies provided by law
independently of this Agreement.
(d)
If any term or provision of this Agreement is invalid, illegal or unenforceable
such invalidity, illegality or unenforceability will not affect any other term or
provision of this Agreement.
(e)
Without limiting any other provision of this Agreement, the Parties agree that:
(i)
failure to exercise or enforce, or a delay in exercising or enforcing,
or the partial exercise or enforcement of, a right, power or remedy
provided by law or under this Agreement by a Party does not
preclude, or operate as a waiver of, the exercise or enforcement,
or further exercise or enforcement, of that or any other right, power
or remedy provided by law or under this Agreement; and
(ii)
a waiver given by a Party under this Agreement is only effective and
binding on that Party if it is given or confirmed in writing by that Party;
and
(iii)
no waiver of a breach of a term of this Agreement operates as a
waiver of another breach of that term or of a breach of any other
term of this Agreement.
(f)
This Agreement may be executed in any number of counterparts. All
counterparts will be taken to constitute one instrument. Signatures by means
of electronic communication are taken to be valid and binding to the same
extent as original signatures.
(g)
To the extent permitted by law, in relation to the subject matter of this
Agreement, this Agreement:
(i)
embodies the entire understanding of the Parties and constitutes
the entire terms agreed upon between the Parties; and
(ii)
supersedes any prior agreement (whether or not in writing) between
the Parties.
(h)
This Agreement may only be varied by written agreement signed by each of
the Parties.
(i)
The provisions of this Agreement will endure for the benefit of and be binding
on the Parties and their respective successors and permitted substitutes and
assigns and (where applicable) legal personal representatives.
(j)
This clause 24 shall survive expiry or termination of this Agreement.
25. Interpretation In this Agreement:
(a)
headings are for convenience only and do not affect its interpretation;
(b)
no provision of this Agreement will be construed adversely to a Party because
that Party was responsible for the preparation of this Agreement or that
provision;
(c)
specifying anything after the words “include” or “for example” or similar
expressions does not limit what else is included;
and unless the context otherwise requires:

10

6932-01/3678198_9

LEGAL_46754819.9

ITEM TERMS
(d)
except where stated otherwise, an obligation or liability assumed by, or a
right conferred on, two or more Parties binds or benefits all of them jointly and
each of them severally;
(e)
the expressionpersonincludes an individual, the estate of an individual, a
corporation, an authority, an association or joint venture (whether
incorporated or unincorporated), a partnership and a trust;
(f)
a reference to any Party includes that Party’s executors, administrators,
successors and permitted assigns, including any person taking by way of
novation;
(g)
a reference to a body, other than a Party to this Agreement whether statutory
or not:
(i)
which ceases to exist; or
(ii)
whose powers or functions are transferred to another body,
is a reference to the body which replaces it or substantially succeed its
powers or functions;
(h)
a reference to any document (including this Agreement) is to that document
as varied, novated, ratified or replaced from time to time;
(i)
a reference to any statute or to any statutory provision includes any statutory
modification or re-enactment of it or any statutory provision substituted for it,
and all ordinances, by-laws, regulations, rules and statutory instruments
(however described) issued under it;
(j)
words importing the singular include the plural (and vice versa) and words
indicating a gender include every other gender;
(k)
reference to Parties, clauses, schedules, exhibits or annexure are references
to Parties, clauses, schedules, exhibits and annexure to or of this Agreement
and a reference to this Agreement includes any schedule, exhibit or
annexure to this Agreement;
(l)
where a word or phrase is given a defined meaning, any other part of speech
or grammatical form of that word or phrase has a corresponding meaning;
(m)
a reference to time is to Australian Central Standard Time as observed in
Adelaide, South Australia;
(n)
if a period of time is specified and dates from a given day or the day of an
event, it is to be calculated exclusive of that day;
(o)
if an act prescribed under this Agreement to be done by a Party on or by a
given day is done after 5.00pm on that day, it is taken to be done on the next
day;
(p)
a reference to a payment is to a payment by bank cheque or such other
form of cleared funds the recipient otherwise allows in the relevant lawful
currency specified;
(q)
a reference toCAD$is to the lawful currency of Canada; and
(r)
a reference toA$is to the lawful currency of the Commonwealth of Australia.

If the terms and conditions set out above are acceptable, please execute this Agreement in the appropriate place below.

11

6932-01/3678198_9 LEGAL_46754819.9

Dated this 7th day of June 2025.

EXECUTED by RESOLUTION MINERALS LTD ) ACN 617 789 732 ) in accordance with section 127 of the ) Corporations Act 2001 (Cth): )

“Aharon Zaetz” “Jaroslaw Kopias” Signature of director Signature of director/company secretary Aharon Zaetz Jaroslaw Kopias Name of director Name of director/company secretary please delete as applicable EXECUTED by 1503571 B.C. LTD. ) INCORPORATION NUMBER BC1503571* ) in accordance with its constituent ) documents and place of incorporation: )

*please delete as applicable

“Christopher Cherry” Signature of director Signature of director/company secretary Christopher Cherry Name of director Name of director/company secretary

*please delete as applicable

12

6932-01/3678198_9

LEGAL_46754819.9

SIGNED by RAJINDER GREWAL ) in the presence of: )

|Signature of witness
Name of witness
please delete as applicable
SIGNEDbyCANACCORD GENUITY CORP.
in accordance with its constituent
documents and place of incorporation:
)
)
)
Signature of director
Name of director
please delete as applicable
SIGNEDbyTANVIR SANGHERA
in the presence of:
)
)
)
“Neeta Gill”
Signature of witness
Neeta Gill
Name of witness
SIGNEDbyMARAH AL KIWAN
in the presence of:
)
)
"Kam Thindal"
Kam Thindal
"Signed"
EVP & CFO | Members TSE, TSX Venture, MX|“Rajinder Grewal”|
|---|---|
||Signature ofRAJINDER GREWAL|
||Signature of director/company secretary
Name of director/company secretary
“Tanvir Sanghera”|
||Signature ofTANVIR SANGHERA|

"Kam Thindal" “Marah Al Kiwan” Signature of witness Signature of MARAH AL KIWAN Kam Thindal Name of witness

13

6932-01/3678198_9

LEGAL_46754819.9

SIGNED by AARUN RAI KUMAR ) in the presence of: )

==> picture [427 x 575] intentionally omitted <==

----- Start of picture text -----

"Kam Thindal" “Aarun Rai Kumar”
Signature of witness Signature of AARUN RAI KUMAR
Kam Thindal
Name of witness
SIGNED by GAGANDEEP LUDDU )
in the presence of: )
"Kam Thindal" “Gagandeep Luddu”
Signature of witness Signature of GAGANDEEP LUDDU
Kam Thindal
Name of witness
SIGNED by CHRISTOPHER CHERRY )
in the presence of: )
“Richard Barnett” “Christopher Cherry”
Signature of witness Signature of CHRISTOPHER CHERRY
Richard Barnett
Name of witness
SIGNED by CRAIG THOMAS LINDSAY )
in the presence of: )
“Maryam Lindsay” “Craig Thomas Lindsay”
Signature of witness Signature of CRAIG THOMAS LINDSAY
Maryam Lindsay
Name of witness
----- End of picture text -----

14

6932-01/3678198_9

LEGAL_46754819.9

SIGNED by 11798596 CANADA LTD. ) in accordance with its constituent ) documents and place of incorporation: )

==> picture [427 x 492] intentionally omitted <==

----- Start of picture text -----

“Jacqueline Kelly” "Jacqueline Kelly"
Signature of director Signature of director/company secretary
Jacqueline Kelly
Name of director Name of director/company secretary
please delete as applicable
SIGNED by 1209072 B.C. LTD. )
in accordance with its constituent )
documents and place of incorporation: )
“Pardeep Luddu”
Signature of director Signature of director/company secretary
Pardeep Luddu
Name of director Name of director/company secretary
please delete as applicable
SIGNED by STALLION URANIUM CORP. )
in accordance with its constituent )
documents and place of incorporation: )
“Matthew Schwab”
Signature of director Signature of director/company secretary
Matthew Schwab
Name of director Name of director/company secretary
please delete as applicable
----- End of picture text -----*

15

6932-01/3678198_9

LEGAL_46754819.9

A N N E X U R E A – C A PI T A L ST R UC T U R E A N D C O N S I D E RA T I O N

1. ITEM 1 – DETAILS OF SHAREHOLDERS AND CONSIDERATION PAYABLE FOR THE ACQUISITION

==> picture [614 x 387] intentionally omitted <==

----- Start of picture text -----

SHAREHOLDER DETAILS INTEREST IN THE COMPANY CONSIDERATION
AT THE EXECUTION DATE AT THE COMPLETION DATE CONSIDERATION CONSIDERATION INITIAL CASH DEFERRED CASH
SHARES OPTIONS CONSIDERATION CONSIDERATION
NAME CONTACT SHARES PERCENTAGE SHARES PERCENTAGE
DETAILS HELD (%) HELD (%)
Major Shareholders
Rajinder [Address
11,500,000 15.01% 11,500,000 13.84% 61,548,308 30,774,153 $90,066 $60,043
Grewal Redacted]
Craig Thomas [Address - 0.00% 6,500,000 7.82% 34,788,174 17,394,087 - -
Lindsay Redacted]
Christopher [Address
Cherry Redacted]
500,000 0.65% 500,000 0.60% 2,676,013 1,338,007 $3,916 $2,611
Minor Shareholders
Canaccord [Address
21,500,000 28.06% 21,500,000 25.87% 115,068,575 57,534,288 $168,383 $112,255
Genuity Corp. Redacted]
Aarun Rai [Address
2,500,000 3.26% 2,500,000 3.01% 13,380,067 6,690,033 $19,579 $13,053
Kumar Redacted]
Gagandeep [Address
2,500,000 3.26% 2,500,000 3.01% 13,380,067 6,690,033 $19,579 $13,053
Luddu Redacted]
Stallion [Address
11,111,111 14.50% 11,111,111 13.37% 59,466,963 29,733,482 $87,020 $58,013
Uranium Corp. Redacted]
Marah Al [Address
8,500,000 11.09% 8,500,000 10.23% 45,492,227 22,746,114 $66,570 $44,380
Kiwan Redacted]
Tanvir [Address
6,500,000 8.48% 6,500,000 7.82% 34,788,174 17,394,087 $50,906 $33,938
Sanghera Redacted]
1209072 B.C. [Address
6,500,000 8.48% 6,500,000 7.82% 34,788,174 17,394,087 $50,906 $33,938
Ltd. Redacted]
11798596 [Address
5,500,000 7.18% 5,500,000 6.62% 29,436,147 14,718,074 $43,075 $28,716
Canada Ltd. Redacted]
TOTAL 76,611,111 100% 83,111,111 100% 444,812,889 222,406,445 $600,000 $400,000
----- End of picture text -----

16

6932-01/3678198_9

LEGAL_46754819.9

NAME SHARES HELD PERCENTAGE
A corporation incorporated under the laws of British Columbia and having an office
for mailing at 700 - 838 Hastings St W., Vancouver, BC V6C 0A6		 400 Class B shares
AT THE COMPLETION DATE
1503571 B.C
An entity incorporated under the laws of British Columbia with incorporation number
BC1503571) and having an office for mailing at 1055 West Georgia Street, 1500 Royal
Centre, PO Box 11117, Vancouver BC V6E 4N7, Canada		 400 common shares
300 Class A shares
400 Class B shares		 100%

3. ITEM 3 – DETAILS OF SHAREHOLDING OF HORSE HEAVEN HOLDINGS

NAME SHARES HELD PERCENTAGE
AT THE EXECUTION DATE AND THE COMPLETION DATE
1262446 B.C. Ltd.
An entity incorporated under the laws of British Columbia with incorporation number
BC1262446) and having an office for mailing at 1055 West Georgia Street, 1500
Royal Centre, PO Box 11117, Vancouver BC V6E 4N7, Canada		 1,000 common shares 100%

18

6932-01/3678198_9

LEGAL_46754819.9

A N N E X U R E B – MI N ER A L R I GH TS

CLAIM NAME VALLEY COUNTY NUMBER BLM SERIAL NUMBER ¼ SECTION TOWNSHIP NORTH RANGE EAST
HH 1 368331 IMC210001 NW 1/4 Sec. 28 19 8
HH 2 368332 IMC210002 SW 1/4 Sec. 28
NW 1/4 Sec. 28		 19 8
HH 3 368333 IMC210003 NW 1/4 Sec. 28 19 8
HH 4 368340 IMC210004 SW 1/4 Sec. 28 SE
1/4 Sec. 28 NW
1/4 Sec.
28 NE 1/4 Sec. 28		 19 8
HH 5 368344 IMC210005 NW 1/4 Sec. 28
NE 1/4 Sec. 28		 19 8
HH 6 368346 IMC210006 SE 1/4 Sec. 28 NE
1/4 Sec. 28		 19 8
HH 7 368348 IMC210007 NE 1/4 Sec. 28 19 8
HH 8 368350 IMC210008 SE 1/4 Sec. 28 NE
1/4 Sec. 28		 19 8
HH 9 368352 IMC210009 NE 1/4 Sec. 28 19 8
HH 10 368354 IMC210010 SE 1/4 Sec. 28 NE
1/4 Sec. 28		 19 8
HH 11 368356 IMC210011 SW 1/4 Sec. 28 19 8
HH 12 368358 IMC210012 SW 1/4 Sec. 27 SE
1/4 Sec. 28 NW
1/4 Sec.
27 NE 1/4 Sec. 28		 19 8
HH 13 368361 IMC210013 SW 1/4 Sec. 28 SE
1/4 Sec. 28		 19 8
HH 14 368363 IMC210014 SW 1/4 Sec. 27
NW 1/4 Sec. 27		 19 8
HH 15 368365 IMC210015 SE 1/4 Sec. 28 19 8

19

6932-01/3678198_9

LEGAL_46754819.9

HH 16 368366 IMC210016 SW 1/4 Sec. 28
NW 1/4 Sec. 33		 19 8
HH 17 368368 IMC210017 SE 1/4 Sec. 28 19 8
HH 18 368370 IMC210018 SW 1/4 Sec. 28 SE
1/4 Sec. 28 NW
1/4 Sec.
33 NE 1/4 Sec. 33		 19 8
HH 19 368372 IMC210019 SE 1/4 Sec. 28 19 8
HH 20 368374 IMC210020 SE 1/4 Sec. 28 NE
1/4 Sec. 33		 19 8
HH 21 368379 IMC210021 SW 1/4 Sec. 27 SE
1/4 Sec. 28		 19 8
HH 22 368381 IMC210022 SE 1/4 Sec. 28 NE
1/4 Sec. 33		 19 8
HH 23 368383 IMC210023 SW 1/4 Sec. 27 19 8
HH 24 368385 IMC210024 SE 1/4 Sec. 28 NE
1/4 Sec. 33		 19 8
HH 25 368387 IMC210025 SW 1/4 Sec. 27 19 8
HH 26 368389 IMC210026 SW 1/4 Sec. 27 SE
1/4 Sec. 28 NW
1/4 Sec.
34 NE 1/4 Sec. 33		 19 8
HH 27 368391 IMC210027 SW 1/4 Sec. 27 19 8
HH 28 368392 IMC210028 SW 1/4 Sec. 27
NW 1/4 Sec. 34		 19 8
HH 29 368441 IMC210029 SW 1/4 Sec. 27 19 8
HH 30 368443 IMC210030 SW 1/4 Sec. 27
NW 1/4 Sec. 34		 19 8
HH 31 368445 IMC210031 SW 1/4 Sec. 27 SE
1/4 Sec. 27		 19 8

20

6932-01/3678198_9

LEGAL_46754819.9

HH 32 368447 IMC210032 SW 1/4 Sec. 27
NW 1/4 Sec. 34		 19 8
HH 33 368451 IMC210033 SE 1/4 Sec. 27 19 8
HH 34 368453 IMC210034 SW 1/4 Sec. 27
NW 1/4 Sec. 34		 19 8
HH 35 368455 IMC210035 SE 1/4 Sec. 27 19 8
HH 36 368458 IMC210036 SW 1/4 Sec. 27 SE
1/4 Sec. 27 NW
1/4 Sec.
34 NE 1/4 Sec. 34		 19 8
HH 37 368460 IMC210037 SE 1/4 Sec. 27 19 8
HH 38 368462 IMC210038 SE 1/4 Sec. 27 NE
1/4 Sec. 34		 19 8
HH 39 368463 IMC210039 SW 1/4 Sec. 26 SE
1/4 Sec. 27		 19 8
HH 40 368465 IMC210040 SE 1/4 Sec. 27 NE
1/4 Sec. 34		 19 8
HH 41 368467 IMC210041 SW 1/4 Sec. 26 19 8
HH 42 368472 IMC210042 SE 1/4 Sec. 27 NE
1/4 Sec. 34		 19 8
HH 43 368474 IMC210043 SW 1/4 Sec. 26 19 8
HH 44 368477 IMC210044 SW 1/4 Sec. 26 SE
1/4 Sec. 27 NW
1/4 Sec.
35 NE 1/4 Sec. 34		 19 8
HH 45 368479 IMC210045 SW 1/4 Sec. 26 19 8
HH 46 368481 IMC210046 SW 1/4 Sec. 26
NW 1/4 Sec. 35		 19 8
HH 47 368482 IMC210047 SW 1/4 Sec. 26 19 8
HH 48 368483 IMC210048 SW 1/4 Sec. 26
NW 1/4 Sec. 35		 19 8

21

6932-01/3678198_9

LEGAL_46754819.9

HH 49 368484 IMC210049 SW 1/4 Sec. 26 SE
1/4 Sec. 26		 19 8
HH 50 368485 IMC210050 SW 1/4 Sec. 26
NW 1/4 Sec. 35		 19 8
HH 51 368486 IMC210051 SE 1/4 Sec. 26 19 8
HH 52 368487 IMC210052 SW 1/4 Sec. 26
NW 1/4 Sec. 35		 19 8
HH 53 368488 IMC210053 SE 1/4 Sec. 26 19 8
HH 54 368489 IMC210054 SW 1/4 Sec. 26 SE
1/4 Sec. 26 NW
1/4 Sec.
35 NE 1/4 Sec. 35		 19 8
HH 55 368490 IMC210055 SE 1/4 Sec. 26 19 8
HH 56 368491 IMC210056 SE 1/4 Sec. 26 NE
1/4 Sec. 35		 19 8
HH 57 368492 IMC210057 SW 1/4 Sec. 25 SE
1/4 Sec. 26		 19 8
HH 58 368493 IMC210058 SE 1/4 Sec. 26 NE
1/4 Sec. 35		 19 8
HH 59 368495 IMC210059 SW 1/4 Sec. 25 19 8
HH 60 368497 IMC210060 SE 1/4 Sec. 26 NE
1/4 Sec. 35		 19 8
HH 61 368500 IMC210061 SE 1/4 Sec. 25 19 8
HH 62 368502 IMC210062 SW 1/4 Sec. 25 SE
1/4 Sec. 26 NW
1/4 Sec.
36 NE 1/4 Sec. 35		 19 8
HH 63 368504 IMC210063 (SW 1/4 Sec. 30)
SE 1/4 Sec. 25		 19 8 (9)
HH 64 368505 IMC210064 SW 1/4 Sec. 25
NW 1/4 Sec. 36		 19 8

22

6932-01/3678198_9

LEGAL_46754819.9

HH 65 368506 IMC210065 SW 1/4 Sec. 30 19 9
HH 66 368514 IMC210066 SW 1/4 Sec. 25
NW 1/4 Sec. 36		 19 8
HH 67 368516 IMC210067 SW 1/4 Sec. 30 19 9
HH 68 368518 IMC210068 SW 1/4 Sec. 25
NW 1/4 Sec. 36		 19 8
HH 69 368520 IMC210069 SW 1/4 Sec. 30 19 9
HH 70 368522 IMC210070 SW 1/4 Sec. 25 SE
1/4 Sec. 25 NW
1/4 Sec.
36 NE 1/4 Sec. 36		 19 8
HH 71 368524 IMC210071 SW 1/4 Sec. 30 SE
1/4 Sec. 30		 19 9
HH 72 368526 IMC210072 SE 1/4 Sec. 25 NE
1/4 Sec. 36		 19 8
HH 73 368528 IMC210073 SE 1/4 Sec. 30 19 9
HH 74 368530 IMC210074 SE 1/4 Sec. 25 NE
1/4 Sec. 36		 19 8
HH 75 368532 IMC210075 SE 1/4 Sec. 30 19 9
HH 76 368534 IMC210076 SE 1/4 Sec. 25 NE
1/4 Sec. 36		 19 8
HH 77 368536 IMC210077 SE 1/4 Sec. 30 19 9
HH 78 368538 IMC210078 SE 1/4 Sec. 25 NE
1/4 Sec. 36		 19 8
HH 79 368540 IMC210079 SE 1/4 Sec. 30 19 9
HH 80 368542 IMC210080 (SW 1/4 Sec. 30)
SE 1/4 Sec. 25
(NW 1/4
Sec. 31) NE 1/4
Sec.36		 19 8(9)

23

6932-01/3678198_9

LEGAL_46754819.9

HH 81 368545 IMC210081 SW 1/4 Sec. 29 SE
1/4 Sec. 30		 19 9
HH 82 368547 IMC210082 SW 1/4 Sec. 30
NW 1/4 Sec. 31		 19 9
HH 83 368549 IMC210083 SW 1/4 Sec. 29 19 9
HH 84 368551 IMC210084 SW 1/4 Sec. 30
NW 1/4 Sec. 31		 19 9
HH 85 368553 IMC210085 SW 1/4 Sec. 29 19 9
HH 86 368555 IMC210086 SW 1/4 Sec. 30
NW 1/4 Sec. 31		 19 9
HH 87 368557 IMC210087 SW 1/4 Sec. 29 19 9
HH 88 368559 IMC210088 SW 1/4 Sec. 30 SE
1/4 Sec. 30 NW
1/4 Sec.
31 NE 1/4 Sec. 31		 19 9
HH 89 368561 IMC210089 SW 1/4 Sec. 29 SE
1/4 Sec. 29		 19 9
HH 90 368563 IMC210090 SE 1/4 Sec. 30 NE
1/4 Sec. 31		 19 9
HH 91 368570 IMC210091 SE 1/4 Sec. 29 19 9
HH 92 368573 IMC210092 SE 1/4 Sec. 30 NE
1/4 Sec. 31		 19 9
HH 93 368575 IMC210093 SE 1/4 Sec. 29 19 9
HH 94 368577 IMC210094 SE 1/4 Sec. 30 NE
1/4 Sec. 31		 19 9
HH 95 368579 IMC210095 SE 1/4 Sec. 29 19 9
HH 96 368581 IMC210096 SE 1/4 Sec. 30 NE
1/4 Sec. 31		 19 9
HH 97 368585 IMC210097 SW 1/4 Sec. 28 SE
1/4 Sec. 29		 19 9

24

6932-01/3678198_9

LEGAL_46754819.9

HH 98 368587 IMC210098 SW 1/4 Sec. 29 SE
1/4 Sec. 30 NW
1/4 Sec.
32 NE 1/4 Sec. 31		 19 9
HH 99 368589 IMC210099 SW 1/4 Sec. 28 19 9
HH 100 368591 IMC210100 SW 1/4 Sec. 29
NW 1/4 Sec. 32		 19 9
HH 101 368330 IMC210101 SW 1/4 Sec. 33
NW 1/4 Sec. 33		 19 8
HH 102 368334 IMC210102 SW 1/4 Sec. 29
NW 1/4 Sec. 32		 19 9
HH 103 368335 IMC210103 SW 1/4 Sec. 33 SE
1/4 Sec. 33 NW
1/4 Sec.
33 NE 1/4 Sec. 33		 19 8
HH 104 368336 IMC210104 SW 1/4 Sec. 29
NW 1/4 Sec. 32		 19 9
HH 105 368337 IMC210105 SE 1/4 Sec. 33 NE
1/4 Sec. 33		 19 8
HH 106 368338 IMC210106 SW 1/4 Sec. 29 SE
1/4 Sec. 29 NW
1/4 Sec.
32 NE 1/4 Sec. 32		 19 9
HH 107 368339 IMC210107 SE 1/4 Sec. 33 NE
1/4 Sec. 33		 19 8
HH 108 368341 IMC210108 SE 1/4 Sec. 29 NE
1/4 Sec. 32		 19 9
HH 109 368342 IMC210109 SE 1/4 Sec. 33 NE
1/4 Sec. 33		 19 8
HH 110 368343 IMC210110 SE 1/4 Sec. 29 NE
1/4 Sec. 32		 19 9

25

6932-01/3678198_9

LEGAL_46754819.9

HH 111 368345 IMC210111 SW 1/4 Sec. 34 SE
1/4 Sec. 33 NW
1/4 Sec.
34 NE 1/4 Sec. 33		 19 8
HH 112 368347 IMC210112 SE 1/4 Sec. 29 NE
1/4 Sec. 32		 19 9
HH 113 368349 IMC210113 SW 1/4 Sec. 34
NW 1/4 Sec. 34		 19 8
HH 114 368351 IMC210114 SE 1/4 Sec. 33 19 8
HH 115 368353 IMC210115 SW 1/4 Sec. 34
NW 1/4 Sec. 34		 19 8
HH 116 368355 IMC210116 SW 1/4 Sec. 34 SE
1/4 Sec. 33		 19 8
HH 117 368357 IMC210117 SW 1/4 Sec. 34
NW 1/4 Sec. 34		 19 8
HH 118 368359 IMC210118 SW 1/4 Sec. 34 19 8
HH 119 368360 IMC210119 SW 1/4 Sec. 34
NW 1/4 Sec. 34		 19 8
HH 120 368362 IMC210120 SW 1/4 Sec. 34 19 8
HH 121 368364 IMC210121 SW 1/4 Sec. 34 SE
1/4 Sec. 34 NW
1/4 Sec.
34 NE 1/4 Sec. 34		 19 8
HH 122 368367 IMC210122 SW 1/4 Sec. 34 19 8
HH 123 368369 IMC210123 SE 1/4 Sec. 34 NE
1/4 Sec. 34		 19 8
HH 124 368371 IMC210124 SW 1/4 Sec. 34 19 8
HH 125 368373 IMC210125 SE 1/4 Sec. 34 NE
1/4 Sec. 34		 19 8
HH 126 368375 IMC210126 SW 1/4 Sec. 34 SE
1/4 Sec. 34		 19 8

26

6932-01/3678198_9

LEGAL_46754819.9

HH 127 368376 IMC210127 SE 1/4 Sec. 34 NE
1/4 Sec. 34		 19 8
HH 128 368377 IMC210128 SE 1/4 Sec. 34 19 8
HH 129 368378 IMC210129 SW 1/4 Sec. 35 SE
1/4 Sec. 34 NW
1/4 Sec.
35 NE 1/4 Sec. 34		 19 8
HH 130 368380 IMC210130 SE 1/4 Sec. 34 19 8
HH 131 368382 IMC210131 SW 1/4 Sec. 35
NW 1/4 Sec. 35		 19 8
HH 132 368384 IMC210132 SE 1/4 Sec. 34 19 8
HH 133 368386 IMC210133 SW 1/4 Sec. 35
NW 1/4 Sec. 35		 19 8
HH 134 368388 IMC210134 SW 1/4 Sec. 35 SE
1/4 Sec. 34		 19 8
HH 135 368390 IMC210135 SW 1/4 Sec. 35
NW 1/4 Sec. 35		 19 8
HH 136 368393 IMC210136 SW 1/4 Sec. 35 19 8
HH 137 368394 IMC210137 SW 1/4 Sec. 35 SE
1/4 Sec. 35 NW
1/4 Sec.
35 NE 1/4 Sec. 35		 19 8
HH 138 368395 IMC210138 SW 1/4 Sec. 35 19 8
HH 139 368396 IMC210139 SE 1/4 Sec. 35 NE
1/4 Sec. 35		 19 8
HH 140 368402 IMC210140 SW 1/4 Sec. 35 19 8
HH 141 368403 IMC210141 SE 1/4 Sec. 35 NE
1/4 Sec. 35		 19 8
HH 142 368404 IMC210142 SW 1/4 Sec. 35 SE
1/4 Sec. 35		 19 8

27

6932-01/3678198_9

LEGAL_46754819.9

HH 143 368405 IMC210143 SE 1/4 Sec. 35 NE
1/4 Sec. 35		 19 8
HH 144 368406 IMC210144 SE 1/4 Sec. 35 19 8
HH 145 368407 IMC210145 SE 1/4 Sec. 35 NE
1/4 Sec. 35		 19 8
HH 146 368408 IMC210146 SE 1/4 Sec. 35 19 8
HH 147 368409 IMC210147 SW 1/4 Sec. 36 SE
1/4 Sec. 35 NW
1/4 Sec.		 19 8
36 NE 1/4 Sec. 35
HH 148 368410 IMC210148 SE 1/4 Sec. 35 19 8
HH 149 368411 IMC210149 SW 1/4 Sec. 36
NW 1/4 Sec. 36		 19 8
HH 150 368412 IMC210150 SE 1/4 Sec. 35 19 8
HH 151 368413 IMC210151 SW 1/4 Sec. 36
NW 1/4 Sec. 36		 19 8
HH 152 368414 IMC210152 SW 1/4 Sec. 36 SE
1/4 Sec. 35		 19 8
HH 153 368415 IMC210153 SW 1/4 Sec. 36
NW 1/4 Sec. 36		 19 8
HH 154 368416 IMC210154 SW 1/4 Sec. 36 19 8
HH 155 368417 IMC210155 SW 1/4 Sec. 36 SE
1/4 Sec. 36 NW
1/4 Sec.
36 NE 1/4 Sec. 36		 19 8
HH 156 368418 IMC210156 SW 1/4 Sec. 36 19 8
HH 157 368419 IMC210157 SE 1/4 Sec. 36 NE
1/4 Sec. 36		 19 8
HH 158 368420 IMC210158 SW 1/4 Sec. 36 19 8
HH 159 368421 IMC210159 SE 1/4 Sec. 36 NE
1/4 Sec. 36		 19 8

28

6932-01/3678198_9

LEGAL_46754819.9

HH 160 368422 IMC210160 SW 1/4 Sec. 36 SE
1/4 Sec. 36		 19 8
HH 161 368423 IMC210161 SE 1/4 Sec. 36 NE
1/4 Sec. 36		 19 8
HH 162 368424 IMC210162 SE 1/4 Sec. 36 19 8
HH 163 368425 IMC210163 SE 1/4 Sec. 36 NE
1/4 Sec. 36		 19 8
HH 164 368426 IMC210164 SE 1/4 Sec. 36 19 8
HH 165 368427 IMC210165 (SW 1/4 Sec. 31)
SE 1/4 Sec. 36
(NW 1/4
Sec. 31) NE 1/4
Sec.36		 19 8(9)
HH 166 368428 IMC210166 SE 1/4 Sec. 36 19 8
HH 167 368429 IMC210167 SW 1/4 Sec. 31
NW 1/4 Sec. 31		 19 9
HH 168 368430 IMC210168 SE 1/4 Sec. 36 19 8
HH 169 368431 IMC210169 SW 1/4 Sec. 31
NW 1/4 Sec. 31		 19 9
HH 170 368432 IMC210170 (SW 1/4 Sec. 31)
SE 1/4 Sec. 36		 19 8(9)
HH 171 368433 IMC210171 SW 1/4 Sec. 31
NW 1/4 Sec. 31		 19 9
HH 172 368434 IMC210172 SW 1/4 Sec. 31 19 9
HH 173 368435 IMC210173 SW 1/4 Sec. 31 SE
1/4 Sec. 31 NW
1/4 Sec.
31 NE 1/4 Sec. 31		 19 9
HH 174 368436 IMC210174 SW 1/4 Sec. 31 19 9
HH 175 368437 IMC210175 SE 1/4 Sec. 31 NE
1/4 Sec. 31		 19 9

29

6932-01/3678198_9

LEGAL_46754819.9

HH 176 368438 IMC210176 SW 1/4 Sec. 31 19 9
HH 177 368439 IMC210177 SE 1/4 Sec. 31 NE
1/4 Sec. 31		 19 9
HH 178 368440 IMC210178 SW 1/4 Sec. 31 SE
1/4 Sec. 31		 19 9
HH 179 368442 IMC210179 SE 1/4 Sec. 31 NE
1/4 Sec. 31		 19 9
HH 180 368444 IMC210180 SE 1/4 Sec. 31 19 9
HH 181 368446 IMC210181 SE 1/4 Sec. 31 NE
1/4 Sec. 31		 19 9
HH 182 368448 IMC210182 SE 1/4 Sec. 31 19 9
HH 183 368449 IMC210183 SW 1/4 Sec. 32 SE
1/4 Sec. 31 NW
1/4 Sec.
32 NE 1/4 Sec. 31		 19 9
HH 184 368450 IMC210184 SE 1/4 Sec. 31 19 9
HH 185 368452 IMC210185 SW 1/4 Sec. 32
NW 1/4 Sec. 32		 19 9
HH 186 368454 IMC210186 SE 1/4 Sec. 31 19 9
HH 187 368456 IMC210187 SW 1/4 Sec. 32
NW 1/4 Sec. 32		 19 9
HH 188 368457 IMC210188 SW 1/4 Sec. 32 SE
1/4 Sec. 31		 19 9
HH 189 368459 IMC210189 SW 1/4 Sec. 32
NW 1/4 Sec. 32		 19 9
HH 190 368461 IMC210190 SW 1/4 Sec. 32 19 9
HH 191 368464 IMC210191 SW 1/4 Sec. 32 SE
1/4 Sec. 32 NW
1/4 Sec.
32 NE 1/4 Sec. 32		 19 9

30

6932-01/3678198_9

LEGAL_46754819.9

HH 192 368466 IMC210192 SE 1/4 Sec. NE
1/4 Sec. 4		 18 8
HH 193 368468 IMC210193 (SE 1/4 Sec. 33)
NE 1/4 Sec. 4		 18(19) 8
HH 194 368469 IMC210194 SE 1/4 Sec. NW
1/4 Sec. 3 NE 1/4
Sec. 4		 18 8
HH 195 368470 IMC210195 (SW 1/4 Sec. 34
SE 1/4 Sec. 33)
NW 1/4 Sec.
3 NE 1/4 Sec. 4		 18(19) 8
HH 196 368471 IMC210196 NW 1/4 Sec. 3 18 8
HH 197 368473 IMC210197 (SW 1/4 Sec. 34)
NW 1/4 Sec. 3		 18(19) 8
HH 198 368475 IMC210198 NW 1/4 Sec. 3 18 8
HH 199 368476 IMC210199 (SW 1/4 Sec. 34)
NW 1/4 Sec. 3		 18(19) 8
HH 200 368478 IMC210200 NW 1/4 Sec. 3 18 8
HH 201 368480 IMC210201 (SW 1/4 Sec. 34)
NW 1/4 Sec. 3		 18(19) 8
HH 202 368494 IMC210202 NW 1/4 Sec. 3 18 8
HH 203 368496 IMC210203 (SW 1/4 Sec. 34)
NW 1/4 Sec. 3		 18(19) 8
HH 204 368498 IMC210204 NW 1/4 Sec. 3 NE
1/4 Sec. 3		 18 8
HH 205 368499 IMC210205 (SW 1/4 Sec. 34
SE 1/4 Sec. 34)
NW 1/4 Sec.
3 NE 1/4 Sec. 3		 18(19) 8
HH 206 368501 IMC210206 NE 1/4 Sec. 3 18 8
HH 207 368503 IMC210207 (SE 1/4 Sec. 34)
NE 1/4 Sec. 3		 18(19) 8

31

6932-01/3678198_9

LEGAL_46754819.9

HH 208 368507 IMC210208 NE 1/4 Sec. 3 18 8
HH 209 368508 IMC210209 (SE 1/4 Sec. 34)
NE 1/4 Sec. 3		 18(19) 8
HH 210 368509 IMC210210 NE 1/4 Sec. 3 18 8
HH 211 368510 IMC210211 (SE 1/4 Sec. 34)
NE 1/4 Sec. 3		 18(19) 8
HH 212 368511 IMC210212 NW 1/4 Sec. 2 NE
1/4 Sec. 3		 18 8
HH 213 368512 IMC210213 (SW 1/4 Sec. 35
SE 1/4 Sec. 34)
NW 1/4 Sec.
2 NE 1/4 Sec. 3		 18(19) 8
HH 214 368513 IMC210214 NW 1/4 Sec. 2 18 8
HH 215 368515 IMC210215 (SW 1/4 Sec. 35)
NW 1/4 Sec. 2		 18(19) 8
HH 216 368517 IMC210216 NW 1/4 Sec. 2 18 8
HH 217 368519 IMC210217 (SW 1/4 Sec. 35)
NW 1/4 Sec. 2		 18(19) 8
HH 218 368521 IMC210218 NW 1/4 Sec. 2 18 8
HH 219 368523 IMC210219 (SW 1/4 Sec. 35)
NW 1/4 Sec. 2		 18(19) 8
HH 220 368525 IMC210220 NW 1/4 Sec. 2 NE
1/4 Sec. 2		 18 8
HH 221 368527 IMC210221 (SW 1/4 Sec. 35
SE 1/4 Sec. 35)
NW 1/4 Sec.
2 NE 1/4 Sec. 2		 18(19) 8
HH 222 368529 IMC210222 NE 1/4 Sec. 2 18 8
HH 223 368531 IMC210223 (SE 1/4 Sec. 35)
NE 1/4 Sec. 2		 18(19) 8
HH 224 368533 IMC210224 NE 1/4 Sec. 2 18 8

32

6932-01/3678198_9

LEGAL_46754819.9

HH 225 368535 IMC210225 (SE 1/4 Sec. 35)
NE 1/4 Sec. 2		 18(19) 8
HH 226 368537 IMC210226 NE 1/4 Sec. 2 18 8
HH 227 368539 IMC210227 (SE 1/4 Sec. 35)
NE 1/4 Sec. 2		 18(19) 8
HH 228 368541 IMC210228 NE 1/4 Sec. 2 18 8
HH 229 368543 IMC210229 (SE 1/4 Sec. 35)
NE 1/4 Sec. 2		 18(19) 8
HH 230 368544 IMC210230 NW 1/4 Sec. 1 NE
1/4 Sec. 2		 18 8
HH 231 368546 IMC210231 (SW 1/4 Sec. 36
SE 1/4 Sec. 35)
NW 1/4 Sec.
1 NE 1/4 Sec. 2		 18(19) 8
HH 232 368548 IMC210232 NW 1/4 Sec. 1 18 8
HH 233 368550 IMC210233 (SW 1/4 Sec. 36)
NW 1/4 Sec. 1		 18(19) 8
HH 234 368552 IMC210234 NW 1/4 Sec. 1 18 8
HH 235 368554 IMC210235 (SW 1/4 Sec. 36)
NW 1/4 Sec. 1		 18(19) 8
HH 236 368556 IMC210236 NW 1/4 Sec. 1 18 8
HH 237 368558 IMC210237 (SW 1/4 Sec. 36)
NW 1/4 Sec. 1		 18(19) 8
HH 238 368560 IMC210238 NW 1/4 Sec. 1 NE
1/4 Sec. 1		 18 8
HH 239 368562 IMC210239 (SW 1/4 Sec. 36
SE 1/4 Sec. 36)
NW 1/4 Sec.
1 NE 1/4 Sec. 1		 18(19) 8
HH 240 368566 IMC210240 NE 1/4 Sec. 1 18 8

33

6932-01/3678198_9

LEGAL_46754819.9

HH 241 368567 IMC210241 (SE 1/4 Sec. 36)
NE 1/4 Sec. 1		 18(19) 8
HH 242 368568 IMC210242 NE 1/4 Sec. 1 18 8
HH 243 368569 IMC210243 (SE 1/4 Sec. 36)
NE 1/4 Sec. 1		 18(19) 8
HH 244 368571 IMC210244 NE 1/4 Sec. 1 18 8
HH 245 368572 IMC210245 (SE 1/4 Sec. 36)
NE 1/4 Sec. 1		 18(19) 8
HH 246 368574 IMC210246 NE 1/4 Sec. 1 18 8
HH 247 368576 IMC210247 (SE 1/4 Sec. 36)
NE 1/4 Sec. 1		 18(19) 8
HH 248 368578 IMC210248 (NW 1/4 Sec. 6)
NE 1/4 Sec. 1		 18 8(9)
HH 249 368580 IMC210249 {(SW
1/4
Sec.
31)} (SE 1/4 Sec.
36) {NW 1/4
Sec.
6}
NE
1/4Sec.1		 18(19) 8{9}
HH 250 368582 IMC210250 NW 1/4 Sec. 6 18 9
HH 251 368583 IMC210251 (SW 1/4 Sec. 31)
NW 1/4 Sec. 6		 18(19) 9
HH 252 368584 IMC210252 NW 1/4 Sec. 6 18 9
HH 253 368586 IMC210253 (SW 1/4 Sec. 31)
NW 1/4 Sec. 6		 18(19) 9
HH 254 368588 IMC210254 NW 1/4 Sec. 6 18 9
HH 255 368590 IMC210255 (SW 1/4 Sec. 31)
NW 1/4 Sec. 6		 18(19) 9
HH 256 368592 IMC210256 NW 1/4 Sec. 6 NE
1/4 Sec. 6		 18 9

34

6932-01/3678198_9

LEGAL_46754819.9

HH 257 368593 IMC210257 (SW 1/4 Sec. 31
SE 1/4 Sec. 31)
NW 1/4 Sec.
6 NE 1/4 Sec. 6		 18(19) 9
HH 258 368594 IMC210258 NE 1/4 Sec. 6 18 9
HH 259 368595 IMC210259 (SE 1/4 Sec. 31)
NE 1/4 Sec. 6		 18(19) 9
HH 260 368599 IMC210260 NE 1/4 Sec. 6 18 9
HH 261 368600 IMC210261 (SE 1/4 Sec. 31)
NE 1/4 Sec. 6		 18(19) 9
HH 262 368601 IMC210262 NE 1/4 Sec. 6 18 9
HH 263 368602 IMC210263 (SE 1/4 Sec. 31)
NE 1/4 Sec. 6		 18(19) 9
HH 264 368603 IMC210264 NE 1/4 Sec. 6 18 9
HH 265 368604 IMC210265 (SE 1/4 Sec. 31)
NE 1/4 Sec. 6		 18(19) 9
HH 266 368605 IMC210266 SE 1/4 Sec. 4 18 8
HH 267 368606 IMC210267 (SW 1/4 Sec. 32
SE 1/4 Sec. 31)
NW 1/4 Sec.
5 NE 1/4 Sec. 6		 18(19) 9
HH 268 368607 IMC210268 SW 1/4 Sec. 3 SE
1/4 Sec. 4		 18 8
HH 269 368608 IMC210269 SE 1/4 Sec. 4 NE
1/4 Sec. 4		 18 8
HH 270 368609 IMC210270 SW 1/4 Sec. 3 18 8
HH 271 368610 IMC210271 SW 1/4 Sec. 3 SE
1/4 Sec. 4 NW
1/4 Sec. 3
NE 1/4 Sec. 4		 18 8
HH 272 368611 IMC210272 SW 1/4 Sec. 3 18 8

35

6932-01/3678198_9

LEGAL_46754819.9

HH 273 368612 IMC210273 SW 1/4 Sec. 3
NW 1/4 Sec. 3		 18 8
HH 274 368613 IMC210274 SW 1/4 Sec. 3 18 8
HH 275 368614 IMC210275 SW 1/4 Sec. 3
NW 1/4 Sec. 3		 18 8
HH 276 368615 IMC210276 SW 1/4 Sec. 3 18 8
HH 277 368616 IMC210277 SW 1/4 Sec. 3
NW 1/4 Sec. 3		 18 8
HH 278 368617 IMC210278 SW 1/4 Sec. 3 SE
1/4 Sec. 3		 18 8
HH 279 368621 IMC210279 SW 1/4 Sec. 3
NW 1/4 Sec. 3		 18 8
HH 280 368622 IMC210280 SE 1/4 Sec. 3 18 8
HH 281 368623 IMC210281 SW 1/4 Sec. 3 SE
1/4 Sec. 3 NW
1/4 Sec. 3
NE 1/4 Sec. 3		 18 8
HH 282 368624 IMC210282 SE 1/4 Sec. 3 18 8
HH 283 368625 IMC210283 SE 1/4 Sec. 3 NE
1/4 Sec. 3		 18 8
HH 284 368626 IMC210284 SE 1/4 Sec. 3 18 8
HH 285 368627 IMC210285 SE 1/4 Sec. 3 NE
1/4 Sec. 3		 18 8
HH 286 368628 IMC210286 SW 1/4 Sec. 2 SE
1/4 Sec. 3		 18 8
HH 287 368629 IMC210287 SE 1/4 Sec. 3 NE
1/4 Sec. 3		 18 8
HH 288 368630 IMC210288 SW 1/4 Sec. 2 18 8
HH 289 368631 IMC210289 SW 1/4 Sec. 2 SE
1/4 Sec. 3 NW
1/4 Sec. 2		 18 8

36

6932-01/3678198_9

LEGAL_46754819.9

NE 1/4 Sec. 3
HH 290 368632 IMC210290 SW 1/4 Sec. 2
NW 1/4 Sec.		 18 8
HH 291 368633 IMC210291 SW 1/4 Sec. 2
NW 1/4 Sec. 2		 18 8
HH 292 368634 IMC210292 SW 1/4 Sec. 2 18 8
HH 293 368635 IMC210293 SW 1/4 Sec. 2
NW 1/4 Sec. 2		 18 8
HH 294 368636 IMC210294 SW 1/4 Sec. 2 18 8
HH 295 368637 IMC210295 SW 1/4 Sec. 2
NW 1/4 Sec. 2		 18 8
HH 296 368638 IMC210296 SW 1/4 Sec. 2 SE
1/4 Sec. 2		 18 8
HH 297 368639 IMC210297 SW 1/4 Sec. 2
NW 1/4 Sec. 2		 18 8
HH 298 368640 IMC210298 SE 1/4 Sec. 2 18 8
HH 299 368641 IMC210299 SW 1/4 Sec. 2 SE
1/4 Sec. 2 NW
1/4 Sec. 2
NE 1/4 Sec. 2		 18 8
HH 300 368642 IMC210300 SE 1/4 Sec. 2 18 8
HH 301 368650 IMC210301 SE 1/4 Sec. 2 NE
1/4 Sec. 2		 18 8
HH 302 368651 IMC210302 SE 1/4 Sec. 2 18 8
HH 303 368652 IMC210303 SE 1/4 Sec. 2 NE
1/4 Sec. 2		 18 8
HH 304 368653 IMC210304 SW 1/4 Sec. 1 SE
1/4 Sec. 2		 18 8
HH 305 368654 IMC210305 SE 1/4 Sec. 2 NE
1/4 Sec. 2		 18 8
HH 306 368655 IMC210306 SW 1/4 Sec. 1 18 8

37

6932-01/3678198_9

LEGAL_46754819.9

HH 307 368656 IMC210307 SW 1/4 Sec. 1 SE
1/4 Sec. 2 NW
1/4 Sec. 1
NE 1/4 Sec. 2		 18 8
HH 308 368657 IMC210308 SW 1/4 Sec. 1 18 8
HH 309 368658 IMC210309 SW 1/4 Sec. 1
NW 1/4 Sec. 1		 18 8
HH 310 368659 IMC210310 SW 1/4 Sec. 1 18 8
HH 311 368660 IMC210311 SW 1/4 Sec. 1
NW 1/4 Sec. 1		 18 8
HH 312 368661 IMC210312 SW 1/4 Sec. 1 SE
1/4 Sec. 1		 18 8
HH 313 368662 IMC210313 SW 1/4 Sec. 1
NW 1/4 Sec. 1		 18 8
HH 314 368663 IMC210314 SE 1/4 Sec. 1 18 8
HH 315 368664 IMC210315 SW 1/4 Sec. 1 SE
1/4 Sec. 1 NW
1/4 Sec. 1
NE 1/4 Sec. 1		 18 8
HH 316 368665 IMC210316 SE 1/4 Sec. 1 18 8
HH 317 368666 IMC210317 SE 1/4 Sec. 1 NE
1/4 Sec. 1		 18 8
HH 318 368667 IMC210318 SE 1/4 Sec. 1 18 8
HH 319 368668 IMC210319 SE 1/4 Sec. 1 NE
1/4 Sec. 1		 18 8
HH 320 368669 IMC210320 SE 1/4 Sec. 1 18 8
HH 321 368670 IMC210321 SE 1/4 Sec. 1 NE
1/4 Sec. 1		 18 8
HH 322 368671 IMC210322 (SW 1/4 Sec. 6)
SE 1/4 Sec. 1		 18 8(9)

38

6932-01/3678198_9

LEGAL_46754819.9

HH 323 368672 IMC210323 SW 1/4 Sec. SE
1/4 Sec. 1 NW
1/4 Sec. NE
1/4 Sec. 1		 18 8
HH 324 368673 IMC210324 SW 1/4 Sec. 6 18 9
HH 325 368674 IMC210325 (SW 1/4 Sec. 6)
SE 1/4 Sec. 1
(NW 1/4 Sec.
6) NE 1/4 Sec. 1		 18 8(9)
HH 326 368675 IMC210326 SW 1/4 Sec. 6 18 9
HH 327 368676 IMC210327 SW 1/4 Sec. 6
NW 1/4 Sec. 6		 18 9
HH 328 368677 IMC210328 SW 1/4 Sec. 6 18 9
HH 329 368678 IMC210329 SW 1/4 Sec. 6
NW 1/4 Sec. 6		 18 9
HH 330 368680 IMC210330 SW 1/4 Sec. 6 SE
1/4 Sec. 6		 18 9
HH 331 368679 IMC210331 SW 1/4 Sec. 6
NW 1/4 Sec. 6		 18 9
HH 332 368681 IMC210332 SE 1/4 Sec. 6 18 9
HH 333 368682 IMC210333 SW 1/4 Sec. 6 SE
1/4 Sec. 6 NW
1/4 Sec. 6
NE 1/4 Sec. 6		 18 9
HH 334 368683 IMC210334 SE 1/4 Sec. 6 18 9
HH 335 368684 IMC210335 SE 1/4 Sec. 6 NE
1/4 Sec. 6		 18 9
HH 336 368685 IMC210336 SE 1/4 Sec. 6 18 9
HH 337 368686 IMC210337 SE 1/4 Sec. 6 NE
1/4 Sec. 6		 18 9
HH 338 368687 IMC210338 SE 1/4 Sec. 6 18 9

39

6932-01/3678198_9

LEGAL_46754819.9

HH 339 368688 IMC210339 SE 1/4 Sec. 6 NE
1/4 Sec. 6		 18 9
HH 340 368689 IMC210340 SE 1/4 Sec. 9 NE
1/4 Sec. 9		 18 8
HH 341 368690 IMC210341 SE 1/4 Sec. 6 NE
1/4 Sec. 6		 18 9
HH 342 368691 IMC210342 SW 1/4 Sec. 10 SE
1/4 Sec. 9 NW
1/4 Sec.
10 NE 1/4 Sec. 9		 18 8
HH 343 368692 IMC210343 SE 1/4 Sec. 4 NE
1/4 Sec. 9		 18 8
HH 344 368693 IMC210344 SW 1/4 Sec. 10
NW 1/4 Sec. 10		 18 8
HH 345 368694 IMC210345 SW 1/4 Sec. 3 SE
1/4 Sec. 4 NW
1/4 Sec. 10
NE 1/4 Sec. 9		 18 8
HH 346 368695 IMC210346 SW 1/4 Sec. 10
NW 1/4 Sec. 10		 18 8
HH 347 368696 IMC210347 SW 1/4 Sec. 3
NW 1/4 Sec. 10		 18 8
HH 348 368697 IMC210348 SW 1/4 Sec. 10
NW 1/4 Sec. 10		 18 8
HH 349 368698 IMC210349 SW 1/4 Sec. 3
NW 1/4 Sec. 10		 18 8
HH 350 368699 IMC210350 SW 1/4 Sec. 10
NW 1/4 Sec. 10		 18 8
HH 351 368700 IMC210351 SW 1/4 Sec. 3
NW 1/4 Sec. 10		 18 8
HH 352 368701 IMC210352 SW 1/4 Sec. 10 SE
1/4 Sec. 10 NW
1/4 Sec.		 18 8

40

6932-01/3678198_9

LEGAL_46754819.9

10 NE 1/4 Sec. 10
HH 353 368702 IMC210353 SW 1/4 Sec. 3
NW 1/4 Sec. 10		 18 8
HH 354 368703 IMC210354 SE 1/4 Sec. 10 NE
1/4 Sec. 10		 18 8
HH 355 368704 IMC210355 SW 1/4 Sec. 3 SE
1/4 Sec. 3 NW
1/4 Sec. 10
NE 1/4 Sec. 10		 18 8
HH 356 368705 IMC210356 SE 1/4 Sec. 10 NE
1/4 Sec. 10		 18 8
HH 357 368706 IMC210357 SE 1/4 Sec. 3 NE
1/4 Sec. 10		 18 8
HH 358 368707 IMC210358 SE 1/4 Sec. 10 NE
1/4 Sec. 10		 18 8
HH 359 368708 IMC210359 SE 1/4 Sec. 3 NE
1/4 Sec. 10		 18 8
HH 360 368709 IMC210360 SW 1/4 Sec. 11 SE
1/4 Sec. 10 NW
1/4 Sec.
11 NE 1/4 Sec. 10		 18 8
HH 361 368710 IMC210361 SW 1/4 Sec. SE
1/4 Sec. 3 NE 1/4
Sec. 10		 18 8
HH 362 368711 IMC210362 SW 1/4 Sec. 11
NW 1/4 Sec. 11		 18 8
HH 363 368712 IMC210363 SW 1/4 Sec. 2 SE
1/4 Sec. 3 NW
1/4 Sec. 11
NE 1/4 Sec. 10		 18 8
HH 364 368713 IMC210364 SW 1/4 Sec. 11
NW 1/4 Sec. 11		 18 8

41

6932-01/3678198_9

LEGAL_46754819.9

HH 365 368714 IMC210365 SW 1/4 Sec. 2
NW 1/4 Sec. 11		 18 8
HH 366 368715 IMC210366 SW 1/4 Sec. 11
NW 1/4 Sec. 11		 18 8
HH 367 368716 IMC210367 SW 1/4 Sec. 2
NW 1/4 Sec. 11		 18 8
HH 368 368717 IMC210368 SW 1/4 Sec. 11
NW 1/4 Sec. 11		 18 8
HH 369 368718 IMC210369 SW 1/4 Sec. 2
NW 1/4 Sec. 11		 18 8
HH 370 368719 IMC210370 SW 1/4 Sec. 11 SE
1/4 Sec. 11 NW
1/4 Sec.		 18 8
11 NE 1/4 Sec. 11
HH 371 368720 IMC210371 SW 1/4 Sec. 2
NW 1/4 Sec. 11		 18 8
HH 372 368721 IMC210372 SE 1/4 Sec. 11 NE
1/4 Sec. 11		 18 8
HH 373 368722 IMC210373 SW 1/4 Sec. 2 SE
1/4 Sec. 2 NW
1/4 Sec. 11
NE 1/4 Sec. 11		 18 8
HH 374 368723 IMC210374 SE 1/4 Sec. 11 NE
1/4 Sec. 11		 18 8
HH 375 368724 IMC210375 SE 1/4 Sec. 2 NE
1/4 Sec. 11		 18 8
HH 376 368725 IMC210376 SE 1/4 Sec. 11 NE
1/4 Sec. 11		 18 8
HH 377 368726 IMC210377 SE 1/4 Sec. 2 NE
1/4 Sec. 11		 18 8
HH 378 368727 IMC210378 SW 1/4 Sec. 12 SE
1/4 Sec. 11 NW
1/4 Sec.		 18 8

42

6932-01/3678198_9

LEGAL_46754819.9

12 NE 1/4 Sec. 11
HH 379 368728 IMC210379 SE 1/4 Sec. 2 NE
1/4 Sec. 11		 18 8
HH 380 368729 IMC210380 SW 1/4 Sec. 12
NW 1/4 Sec. 12		 18 8
HH 381 368730 IMC210381 SW 1/4 Sec. 1 SE
1/4 Sec. 2 NW
1/4 Sec. 12
NE 1/4 Sec. 11		 18 8
HH 382 368731 IMC210382 SW 1/4 Sec. 12
NW 1/4 Sec. 12		 18 8
HH 383 368732 IMC210383 SW 1/4 Sec. 1
NW 1/4 Sec. 12		 18 8
HH 384 368733 IMC210384 SW 1/4 Sec. 12
NW 1/4 Sec. 12		 18 8
HH 385 368734 IMC210385 SW 1/4 Sec. 1
NW 1/4 Sec. 12		 18 8
HH 386 368735 IMC210386 SW 1/4 Sec. 12 SE
1/4 Sec. 12 NW
1/4 Sec.
12 NE 1/4 Sec. 12		 18 8
HH 387 368736 IMC210387 SW 1/4 Sec. 1
NW 1/4 Sec. 12		 18 8
HH 388 368737 IMC210388 SE 1/4 Sec. 12 NE
1/4 Sec. 12		 18 8
HH 389 368738 IMC210389 SW 1/4 Sec. 1 SE
1/4 Sec. 1 NW
1/4 Sec. 12
NE 1/4 Sec. 12		 18 8
HH 390 368739 IMC210390 SE 1/4 Sec. 12 NE
1/4 Sec. 12		 18 8

43

6932-01/3678198_9

LEGAL_46754819.9

HH 391 368740 IMC210391 SE 1/4 Sec. 1 NE
1/4 Sec. 12		 18 8
HH 392 368741 IMC210392 SE 1/4 Sec. 12 NE
1/4 Sec. 12		 18 8
HH 393 368742 IMC210393 SE 1/4 Sec. 1 NE
1/4 Sec. 12		 18 8
HH 394 368743 IMC210394 SE 1/4 Sec. 12 NE
1/4 Sec. 12		 18 8
HH 395 368744 IMC210395 SE 1/4 Sec. 1 NE
1/4 Sec. 12		 18 8
HH 396 368745 IMC210396 70 NE 1/4 Sec. 12 18 8(9)
HH 397 368746 IMC210397 SW 1/4 Sec. SE
1/4 Sec. 1 NE 1/4
Sec. 12		 18 8
HH 398 368747 IMC210398 SW 1/4 Sec. 7
NW 1/4 Sec. 7		 18 9
HH 399 368748 IMC210399 (SW 1/4 Sec. 6)
SE 1/4 Sec. 1
(NW 1/4 Sec.
7) NE 1/4 Sec. 12		 18 8(9)
HH 400 368749 IMC210400 SW 1/4 Sec. 7
NW 1/4 Sec. 7		 18 9
HH 401 368757 IMC210401 SW 1/4 Sec. 6
NW 1/4 Sec. 7		 18 9
HH 402 368758 IMC210402 SW 1/4 Sec. 7
NW 1/4 Sec. 7		 18 9
HH 403 368759 IMC210403 SW 1/4 Sec. 6
NW 1/4 Sec. 7		 18 9
HH 404 368760 IMC210404 SW 1/4 Sec. 7 SE
1/4 Sec. 7 NW
1/4 Sec. 7		 18 9
NE 1/4 Sec. 7

44

6932-01/3678198_9

LEGAL_46754819.9

HH 405 368761 IMC210405 SW 1/4 Sec. 6
NW 1/4 Sec. 7		 18 9
HH 406 368762 IMC210406 SE 1/4 Sec. 7 NE
1/4 Sec. 7		 18 9
HH 407 368763 IMC210407 SW 1/4 Sec. 6 SE
1/4 Sec. 6 NW
1/4 Sec. 7
NE 1/4 Sec. 7		 18 9
HH 408 368764 IMC210408 SE 1/4 Sec. 7 NE
1/4 Sec. 7		 18 9
HH 409 368765 IMC210409 SE 1/4 Sec. 6 NE
1/4 Sec. 7		 18 9
HH 410 368766 IMC210410 SE 1/4 Sec. 7 NE
1/4 Sec. 7		 18 9
HH 411 368767 IMC210411 SE 1/4 Sec. 6 NE
1/4 Sec. 7		 18 9
HH 412 368768 IMC210412 SE 1/4 Sec. 9 NE
1/4 Sec. 16		 18 8
HH 413 368769 IMC210413 SE 1/4 Sec. 6 NE
1/4 Sec. 7		 18 9
HH 414 368770 IMC210414 SW 1/4 Sec. 10 SE
1/4 Sec. 9 NW
1/4 Sec.
15 NE 1/4 Sec. 16		 18 8
HH 415 368771 IMC210415 SE 1/4 Sec. 6 NE
1/4 Sec. 7		 18 9
HH 416 368772 IMC210416 SW 1/4 Sec. 10
NW 1/4 Sec. 15		 18 8
HH 417 368773 IMC210417 SE 1/4 Sec. 9 18 8
HH 418 368774 IMC210418 SW 1/4 Sec. 10
NW 1/4 Sec. 15		 18 8

45

6932-01/3678198_9

LEGAL_46754819.9

HH 419 368775 IMC210419 SW 1/4 Sec. 10 SE
1/4 Sec. 9		 18 8
HH 420 368776 IMC210420 SW 1/4 Sec. 10
NW 1/4 Sec. 15		 18 8
HH 421 368777 IMC210421 SW 1/4 Sec. 10 18 8
HH 422 368778 IMC210422 SW 1/4 Sec. 10
NW 1/4 Sec. 15		 18 8
HH 423 368779 IMC210423 SW 1/4 Sec. 10 18 8
HH 424 368780 IMC210424 SW 1/4 Sec. 10 SE
1/4 Sec. 10 NW
1/4 Sec.
15 NE 1/4 Sec. 15		 18 8
HH 425 368781 IMC210425 SW 1/4 Sec. 10 18 8
HH 426 368782 IMC210426 SE 1/4 Sec. 10 NE
1/4 Sec. 15		 18 8
HH 427 368783 IMC210427 SW 1/4 Sec. 10 18 8
HH 428 368784 IMC210428 SE 1/4 Sec. 10 NE
1/4 Sec. 15		 18 8
HH 429 368785 IMC210429 SW 1/4 Sec. 10 SE
1/4 Sec. 10		 18 8
HH 430 368786 IMC210430 SE 1/4 Sec. 10 NE
1/4 Sec. 15		 18 8
HH 431 368787 IMC210431 SE 1/4 Sec. 10 18 8
HH 432 368788 IMC210432 SW 1/4 Sec. 11 SE
1/4 Sec. 10 NW
1/4 Sec.
14 NE 1/4 Sec. 15		 18 8
HH 433 368789 IMC210433 SE 1/4 Sec. 10 18 8
HH 434 368790 IMC210434 SW 1/4 Sec. 11
NW 1/4 Sec. 14		 18 8
HH 435 368791 IMC210435 SE 1/4 Sec. 10 18 8

46

6932-01/3678198_9

LEGAL_46754819.9

HH 436 368792 IMC210436 SW 1/4 Sec. 11
NW 1/4 Sec. 14		 18 8
HH 437 368793 IMC210437 SW 1/4 Sec. 11 SE
1/4 Sec. 10		 18 8
HH 438 368794 IMC210438 SW 1/4 Sec. 11
NW 1/4 Sec. 14		 18 8
HH 439 368795 IMC210439 SW 1/4 Sec. 11 18 8
HH 440 368796 IMC210440 SW 1/4 Sec. 11
NW 1/4 Sec. 14		 18 8
HH 441 368797 IMC210441 SW 1/4 Sec. 11 18 8
HH 442 368798 IMC210442 SW 1/4 Sec. 11 SE
1/4 Sec. 11 NW
1/4 Sec.
14 NE 1/4 Sec. 14		 18 8
HH 443 368799 IMC210443 SW 1/4 Sec. 11 18 8
HH 444 368800 IMC210444 SE 1/4 Sec. 11 NE
1/4 Sec. 14		 18 8
HH 445 368801 IMC210445 SW 1/4 Sec. 11 18 8
HH 446 368802 IMC210446 SE 1/4 Sec. 11 NE
1/4 Sec. 14		 18 8
HH 447 368803 IMC210447 SW 1/4 Sec. 11 SE
1/4 Sec. 11		 18 8
HH 448 368804 IMC210448 SE 1/4 Sec. 11 NE
1/4 Sec. 14		 18 8
HH 449 368805 IMC210449 SE 1/4 Sec. 11 18 8
HH 450 368806 IMC210450 SW 1/4 Sec. 12 SE
1/4 Sec. 11 NW
1/4 Sec.
13 NE 1/4 Sec. 14		 18 8
HH 451 368807 IMC210451 SE 1/4 Sec. 11 18 8

47

6932-01/3678198_9

LEGAL_46754819.9

HH 452 368808 IMC210452 SW 1/4 Sec. 12
NW 1/4 Sec. 13		 18 8
HH 453 368809 IMC210453 SE 1/4 Sec. 11 18 8
HH 454 368810 IMC210454 SW 1/4 Sec. 12
NW 1/4 Sec. 13		 18 8
HH 455 368811 IMC210455 SW 1/4 Sec. 12 SE
1/4 Sec. 11		 18 8
HH 456 368812 IMC210456 SW 1/4 Sec. 12
NW 1/4 Sec. 13		 18 8
HH 457 368813 IMC210457 SW 1/4 Sec. 12 18 8
HH 458 368814 IMC210458 SW 1/4 Sec. 12 SE
1/4 Sec. 12 NW
1/4 Sec.
13 NE 1/4 Sec. 13		 18 8
HH 459 368815 IMC210459 SW 1/4 Sec. 12 18 8
HH 460 368816 IMC210460 SE 1/4 Sec. 12 NE
1/4 Sec. 13		 18 8
HH 461 368817 IMC210461 SW 1/4 Sec. 12 18 8
HH 462 368818 IMC210462 SE 1/4 Sec. 12 NE
1/4 Sec. 13		 18 8
HH 463 368819 IMC210463 SW 1/4 Sec. 12 SE
1/4 Sec. 12		 18 8
HH 464 368820 IMC210464 SE 1/4 Sec. 12 NE
1/4 Sec. 13		 18 8
HH 465 368821 IMC210465 SE 1/4 Sec. 12 18 8
HH 466 368822 IMC210466 SE 1/4 Sec. 12 NE
1/4 Sec. 13		 18 8
HH 467 368823 IMC210467 SE 1/4 Sec. 12 18 8
HH 468 368824 IMC210468 (SW 1/4 Sec. 7)
SE 1/4 Sec. 12
(NW 1/4 Sec.		 18 8(9)

48

6932-01/3678198_9

LEGAL_46754819.9

18) NE 1/4 Sec.
13
HH 469 368825 IMC210469 SE 1/4 Sec. 12 18 8
HH 470 368826 IMC210470 SW 1/4 Sec. 7
NW 1/4 Sec. 18		 18 9
HH 471 368827 IMC210471 SE 1/4 Sec. 12 18 8
HH 472 368828 IMC210472 SW 1/4 Sec. 7
NW 1/4 Sec. 18		 18 9
HH 473 368829 IMC210473 (SW 1/4 Sec. 7)
SE 1/4 Sec. 12		 18 8(9)
HH 474 368830 IMC210474 SW 1/4 Sec. 7
NW 1/4 Sec. 18		 18 9
HH 475 368831 IMC210475 SW 1/4 Sec. 7 18 9
HH 476 368832 IMC210476 SW 1/4 Sec. 7 SE
1/4 Sec. 7 NW
1/4 Sec. 18
NE 1/4 Sec. 18		 18 9
HH 477 368833 IMC210477 SW 1/4 Sec. 7 18 9
HH 478 368834 IMC210478 SE 1/4 Sec. 7 NE
1/4 Sec. 18		 18 9
HH 479 368835 IMC210479 SW 1/4 Sec. 7 18 9
HH 480 368837 IMC210480 SW 1/4 Sec. 15
NW 1/4 Sec. 15		 18 8
HH 481 368838 IMC210481 SW 1/4 Sec. 7 SE
1/4 Sec. 7		 18 9
HH 482 368840 IMC210482 SW 1/4 Sec. 15
NW 1/4 Sec. 15		 18 8
HH 483 368841 IMC210483 SE 1/4 Sec. 7 18 9
HH 484 368842 IMC210484 SW 1/4 Sec. 15
NW 1/4 Sec. 15		 18 8
HH 485 368843 IMC210485 SE 1/4 Sec. 7 18 9

49

6932-01/3678198_9

LEGAL_46754819.9

HH 486 368844 IMC210486 SW 1/4 Sec. 15
NW 1/4 Sec. 15		 18 8
HH 487 368845 IMC210487 NW 1/4 Sec. 15 18 8
HH 488 368846 IMC210488 SW 1/4 Sec. 15 SE
1/4 Sec. 15 NW
1/4 Sec.
15 NE 1/4 Sec. 15		 18 8
HH 489 368847 IMC210489 NW 1/4 Sec. 15 18 8
HH 490 368848 IMC210490 SE 1/4 Sec. 15 NE
1/4 Sec. 15		 18 8
HH 491 368849 IMC210491 NW 1/4 Sec. 15 18 8
HH 492 368850 IMC210492 SE 1/4 Sec. 15 NE
1/4 Sec. 15		 18 8
HH 493 368851 IMC210493 NW 1/4 Sec. 15 18 8
HH 494 368852 IMC210494 SE 1/4 Sec. 15 NE
1/4 Sec. 15		 18 8
HH 495 368853 IMC210495 NW 1/4 Sec. 15
NE 1/4 Sec. 15		 18 8
HH 496 368854 IMC210496 SW 1/4 Sec. 14 SE
1/4 Sec. 15 NW
1/4 Sec.
14 NE 1/4 Sec. 15		 18 8
HH 497 368855 IMC210497 NE 1/4 Sec. 15 18 8
HH 498 368856 IMC210498 SW 1/4 Sec. 14
NW 1/4 Sec. 14		 18 8
HH 499 368857 IMC210499 NE 1/4 Sec. 15 18 8
HH 500 368858 IMC210500 SW 1/4 Sec. 14
NW 1/4 Sec. 14		 18 8
HH 501 368859 IMC210501 NE 1/4 Sec. 15 18 8
HH 502 368860 IMC210502 SW 1/4 Sec. 14
NW 1/4 Sec. 14		 18 8

50

6932-01/3678198_9

LEGAL_46754819.9

HH 503 368861 IMC210503 NW 1/4 Sec. 14
NE 1/4 Sec. 15		 18 8
HH 504 368862 IMC210504 SW 1/4 Sec. 14
NW 1/4 Sec. 14		 18 8
HH 505 368863 IMC210505 NW 1/4 Sec. 14 18 8
HH 506 368868 IMC210506 SW 1/4 Sec. 14 SE
1/4 Sec. 14 NW
1/4 Sec.
14 NE 1/4 Sec. 14		 18 8
HH 507 368869 IMC210507 NW 1/4 Sec. 14 18 8
HH 508 368870 IMC210508 SE 1/4 Sec. 14 NE
1/4 Sec. 14		 18 8
HH 509 368871 IMC210509 NW 1/4 Sec. 14 18 8
HH 510 368872 IMC210510 SE 1/4 Sec. 14 NE
1/4 Sec. 14		 18 8
HH 511 368873 IMC210511 NW 1/4 Sec. 14 18 8
HH 512 368874 IMC210512 SE 1/4 Sec. 14 NE
1/4 Sec. 14		 18 8
HH 513 368875 IMC210513 NW 1/4 Sec. 14
NE 1/4 Sec. 14		 18 8
HH 514 368876 IMC210514 SW 1/4 Sec. 13 SE
1/4 Sec. 14 NW
1/4 Sec.
13 NE 1/4 Sec. 14		 18 8
HH 515 368877 IMC210515 NE 1/4 Sec. 14 18 8
HH 516 368878 IMC210516 SW 1/4 Sec. 13
NW 1/4 Sec. 13		 18 8
HH 517 368879 IMC210517 NE 1/4 Sec. 14 18 8
HH 518 368880 IMC210518 SW 1/4 Sec. 13
NW 1/4 Sec. 13		 18 8
HH 519 368881 IMC210519 NE 1/4 Sec. 14 18 8

51

6932-01/3678198_9

LEGAL_46754819.9

HH 520 368882 IMC210520 SW 1/4 Sec. 13
NW 1/4 Sec. 13		 18 8
HH 521 368883 IMC210521 NW 1/4 Sec. 13
NE 1/4 Sec. 14		 18 8
HH 522 368884 IMC210522 SW 1/4 Sec. 13 SE
1/4 Sec. 13 NW
1/4 Sec.
13 NE 1/4 Sec. 13		 18 8
HH 523 368885 IMC210523 NW 1/4 Sec. 13 18 8
HH 524 368886 IMC210524 SE 1/4 Sec. 13 NE
1/4 Sec. 13		 18 8
HH 525 368887 IMC210525 NW 1/4 Sec. 13 18 8
HH 526 368888 IMC210526 SE 1/4 Sec. 13 NE
1/4 Sec. 13		 18 8
HH 527 368889 IMC210527 NW 1/4 Sec. 13 18 8
HH 528 368890 IMC210528 SE 1/4 Sec. 13 NE
1/4 Sec. 13		 18 8
HH 529 368891 IMC210529 NW 1/4 Sec. 13
NE 1/4 Sec. 13		 18 8
HH 530 368892 IMC210530 SE 1/4 Sec. 13 NE
1/4 Sec. 13		 18 8
HH 531 368893 IMC210531 NE 1/4 Sec. 13 18 8
HH 532 368894 IMC210532 (SW 1/4 Sec. 18)
SE 1/4 Sec. 13
(NW ¼ Sec. 18)
NE 1/4 Sec13		 18 8(9)
HH 533 368895 IMC210533 NE 1/4 Sec. 13 18 8
HH 534 368896 IMC210534 SW 1/4 Sec. 18
NW 1/4 Sec. 18		 18 9
HH 535 368897 IMC210535 NE 1/4 Sec. 13 18 8

52

6932-01/3678198_9

LEGAL_46754819.9

HH 536 368898 IMC210536 SW 1/4 Sec. 18
NW 1/4 Sec. 18		 18 9
HH 537 368899 IMC210537 NE 1/4 Sec. 13 18 8
HH 538 368900 IMC210538 SW 1/4 Sec. 18
NW 1/4 Sec. 18		 18 9
HH 539 368901 IMC210539 (NW 1/4 Sec. 18)
NE 1/4 Sec. 13		 18 8(9)
HH 540 368902 IMC210540 SW 1/4 Sec. 14
NW 1/4 Sec. 23		 18 8
HH 541 368903 IMC210541 NW 1/4 Sec. 18 18 9
HH 542 368904 IMC210542 SW 1/4 Sec. 14
NW 1/4 Sec. 23		 18 8
HH 543 368905 IMC210543 NW 1/4 Sec. 18 18 9
HH 544 368906 IMC210544 SW 1/4 Sec. 14 SE
1/4 Sec. 14 NW
1/4 Sec.
23 NE 1/4 Sec. 23		 18 8
HH 545 368907 IMC210545 NW 1/4 Sec. 18 18 9
HH 546 368908 IMC210546 SE 1/4 Sec. 14 NE
1/4 Sec. 23		 18 8
HH 547 368909 IMC210547 SW 1/4 Sec. 14 18 8
HH 548 368910 IMC210548 SE 1/4 Sec. 14 NE
1/4 Sec. 23		 18 8
HH 549 368911 IMC210549 SW 1/4 Sec. 14 18 8
HH 550 368912 IMC210550 SE 1/4 Sec. 14 NE
1/4 Sec. 23		 18 8
HH 551 368913 IMC210551 SW 1/4 Sec. 14 18 8
HH 552 368914 IMC210552 SW 1/4 Sec. 13 SE
1/4 Sec. 14 NW
1/4 Sec.
24 NE 1/4 Sec. 23		 18 8

53

6932-01/3678198_9

LEGAL_46754819.9

HH 553 368915 IMC210553 SW 1/4 Sec. 14 SE
1/4 Sec. 14		 18 8
HH 554 368916 IMC210554 SW 1/4 Sec. 13
NW 1/4 Sec. 24		 18 8
HH 555 368917 IMC210555 SE 1/4 Sec. 14 18 8
HH 556 368918 IMC210556 SW 1/4 Sec. 13
NW 1/4 Sec. 24		 18 8
HH 557 368919 IMC210557 SE 1/4 Sec. 14 18 8
HH 558 368920 IMC210558 SW 1/4 Sec. 13
NW 1/4 Sec. 24		 18 8
HH 559 368921 IMC210559 SE 1/4 Sec. 14 18 8
HH 560 368922 IMC210560 SW 1/4 Sec. 13 SE
1/4 Sec. 13 NW
1/4 Sec.
24 NE 1/4 Sec. 24		 18 8
HH 561 368923 IMC210561 SW 1/4 Sec. 13 SE
1/4 Sec. 14		 18 8
HH 562 368924 IMC210562 SE 1/4 Sec. 13 NE
1/4 Sec. 24		 18 8
HH 563 368925 IMC210563 SW 1/4 Sec. 13 18 8
HH 564 368926 IMC210564 SE 1/4 Sec. 13 NE
1/4 Sec. 24		 18 8
HH 565 368927 IMC210565 SW 1/4 Sec. 13 18 8
HH 566 368928 IMC210566 SE 1/4 Sec. 13 NE
1/4 Sec. 24		 18 8
HH 567 368929 IMC210567 SW 1/4 Sec. 13 18 8
HH 568 368930 IMC210568 SE 1/4 Sec. 13 NE
1/4 Sec. 24		 18 8
HH 569 368932 IMC210569 SW 1/4 Sec. 13 SE
1/4 Sec. 13		 18 8

54

6932-01/3678198_9

LEGAL_46754819.9

HH 570 368933 IMC210570 (SW 1/4 Sec. 18)
SE 1/4 Sec. 13
(NW 1/4
Sec. 19) NE 1/4
Sec.24		 18 8(9)
HH 571 368975 IMC210571 SE 1/4 Sec. 13 18 8
HH 572 368976 IMC210572 SW 1/4 Sec. 18
NW 1/4 Sec. 19		 18 9
HH 573 368977 IMC210573 SE 1/4 Sec. 13 18 8
HH 574 368978 IMC210574 SW 1/4 Sec. 18
NW 1/4 Sec. 19		 18 9
HH 575 368979 IMC210575 SE 1/4 Sec. 13 18 8
HH 576 368980 IMC210576 SW 1/4 Sec. 18
NW 1/4 Sec. 19		 18 9
HH 577 368981 IMC210577 SE 1/4 Sec. 13 18 8
HH 578 368982 IMC210578 SW 1/4 Sec. 18 SE
1/4 Sec. 18 NW
1/4 Sec.
19 NE 1/4 Sec. 19		 18 9
HH 579 368983 IMC210579 (SW 1/4 Sec. 18)
SE 1/4 Sec. 13		 18 8(9)
HH 580 368984 IMC210580 SW 1/4 Sec. 23 SE
1/4 Sec. 23 NW
1/4 Sec.
23 NE 1/4 Sec. 23		 18 8
HH 581 368985 IMC210581 SW 1/4 Sec. 18 18 9
HH 582 368986 IMC210582 SE 1/4 Sec. 23 NE
1/4 Sec. 23		 18 8
HH 583 368987 IMC210583 SW 1/4 Sec. 18 18 9
HH 584 368988 IMC210584 SE 1/4 Sec. 23 NE
1/4 Sec. 23		 18 8

55

6932-01/3678198_9

LEGAL_46754819.9

HH 585 368989 IMC210585 SW 1/4 Sec. 18 18 9
HH 586 368990 IMC210586 SE 1/4 Sec. 23 NE
1/4 Sec. 23		 18 8
HH 587 368991 IMC210587 NW 1/4 Sec. 23 18 8
HH 588 368992 IMC210588 SW 1/4 Sec. 24 SE
1/4 Sec. 23 NW
1/4 Sec.
24 NE 1/4 Sec. 23		 18 8
HH 589 368993 IMC210589 NW 1/4 Sec. 23
NE 1/4 Sec. 23		 18 8
HH 590 368994 IMC210590 SW 1/4 Sec. 24
NW 1/4 Sec. 24		 18 8
HH 591 368995 IMC210591 NE 1/4 Sec. 23 18 8
HH 592 368996 IMC210592 SW 1/4 Sec. 24
NW 1/4 Sec. 24		 18 8
HH 593 368997 IMC210593 NE 1/4 Sec. 23 18 8
HH 594 368998 IMC210594 SW 1/4 Sec. 24
NW 1/4 Sec. 24		 18 8
HH 595 368999 IMC210595 NE 1/4 Sec. 23 18 8
HH 596 369000 IMC210596 SW 1/4 Sec. 24 SE
1/4 Sec. 24 NW
1/4 Sec.
24 NE 1/4 Sec. 24		 18 8
HH 597 369006 IMC210597 NW 1/4 Sec. 24
NE 1/4 Sec. 23		 18 8
HH 598 369007 IMC210598 SE 1/4 Sec. 24 NE
1/4 Sec. 24		 18 8
HH 599 369008 IMC210599 NW 1/4 Sec. 24 18 8
HH 600 369009 IMC210600 SE 1/4 Sec. 24 NE
1/4 Sec. 24		 18 8
HH 601 369010 IMC210601 NW 1/4 Sec. 24 18 8

56

6932-01/3678198_9

LEGAL_46754819.9

HH 602 369011 IMC210602 SE 1/4 Sec. 24 NE
1/4 Sec. 24		 18 8
HH 603 369012 IMC210603 NW 1/4 Sec. 24 18 8
HH 604 369013 IMC210604 SE 1/4 Sec. 24 NE
1/4 Sec. 24		 18 8
HH 605 369014 IMC210605 NW 1/4 Sec. 24
NE 1/4 Sec. 24		 18 8
HH 606 369017 IMC210606 SW 1/4 Sec. 19 SE
1/4 Sec. 24 NW
1/4 Sec.
19 NE 1/4 Sec. 24		 18 8(9)
HH 607 369018 IMC210607 NE 1/4 Sec. 24 18 8
HH 608 369019 IMC210608 (NW 1/4 Sec. 19)
NE 1/4 Sec. 24		 18 8(9)
HH 609 369020 IMC210609 NE 1/4 Sec. 24 18 8
HH 610 369021 IMC210610 SW 1/4 Sec. 19
NW 1/4 Sec. 19		 18 9
HH 611 369022 IMC210611 NE 1/4 Sec. 24 18 8
HH 612 369023 IMC210612 SW 1/4 Sec. 19
NW 1/4 Sec. 19		 18 9
HH 613 369024 IMC210613 NE 1/4 Sec. 24 18 8
HH 614 369025 IMC210614 SW 1/4 Sec. 19 SE
1/4 Sec. 19 NW
1/4 Sec.
19 NE 1/4 Sec. 19		 18 9
HH 615 369026 IMC210615 (NW 1/4 Sec. 19)
NE 1/4 Sec. 24		 18 8(9)
HH 616 369027 IMC210616 SE 1/4 Sec. 19 NE
1/4 Sec. 19		 18 9
HH 617 369028 IMC210617 NW 1/4 Sec. 19 18 9

57

6932-01/3678198_9

LEGAL_46754819.9

HH 618 369029 IMC210618 SE 1/4 Sec. 19 NE
1/4 Sec. 19		 18 9
HH 619 369030 IMC210619 NW 1/4 Sec. 19 18 9
HH 620 369031 IMC210620 NE 1/4 Sec. 25 18 8
HH 621 369032 IMC210621 NW 1/4 Sec. 19 18 9
HH 622 369033 IMC210622 (NW 1/4 Sec. 30)
NE 1/4 Sec. 25		 18 8(9)
HH 623 369034 IMC210623 NW 1/4 Sec. 19
NE 1/4 Sec. 19		 18 9
HH 624 369035 IMC210624 NW 1/4 Sec. 30 18 9
HH 625 369036 IMC210625 NE 1/4 Sec. 19 18 9
HH 626 369037 IMC210626 NW 1/4 Sec. 30 18 9
HH 627 369038 IMC210627 SE 1/4 Sec. 24 NE
1/4 Sec. 25		 18 8
HH 628 369039 IMC210628 NW 1/4 Sec. 30 18 9
HH 629 369040 IMC210629 SE 1/4 Sec. 24 NE
1/4 Sec. 25		 18 8
HH 630 369041 IMC210630 NW 1/4 Sec. 30
NE 1/4 Sec. 30		 18 9
HH 631 369042 IMC210631 (SW 1/4 Sec. 19)
SE 1/4 Sec. 24
(NW 1/4
Sec. 30) NE 1/4
Sec.25		 18 8(9)
HH 632 369043 IMC210632 NE 1/4 Sec. 30 18 9
HH 633 369044 IMC210633 SW 1/4 Sec. 19
NW 1/4 Sec. 30		 18 9
HH 634 369045 IMC210634 NE 1/4 Sec. 30 18 9
HH 635 369046 IMC210635 SW 1/4 Sec. 19
NW 1/4 Sec. 30		 18 9

58

6932-01/3678198_9

LEGAL_46754819.9

HH 636 369047 IMC210636 NE 1/4 Sec. 30 18 9
HH 637 369048 IMC210637 SW 1/4 Sec. 19
NW 1/4 Sec. 30		 18 9
HH 638 369049 IMC210638 NW 1/4 Sec. 29
NE 1/4 Sec. 30		 18 9
HH 639 369050 IMC210639 SW 1/4 Sec. 19 SE
1/4 Sec. 19 NW
1/4 Sec.
30 NE 1/4 Sec. 30		 18 9
HH 640 369051 IMC210640 SE 1/4 Sec. 25 18 8
HH 641 369052 IMC210641 SE 1/4 Sec. 19 NE
1/4 Sec. 30		 18 9
HH 642 369053 IMC210642 (SW 1/4 Sec. 30)
SE 1/4 Sec. 25		 18 8(9)
HH 643 369054 IMC210643 SE 1/4 Sec. 19 NE
1/4 Sec. 30		 18 9
HH 644 369055 IMC210644 SW 1/4 Sec. 30 18 9
HH 645 369056 IMC210645 SE 1/4 Sec. 19 NE
1/4 Sec. 30		 18 9
HH 646 369057 IMC210646 SW 1/4 Sec. 30 18 9
HH 647 369058 IMC210647 SE 1/4 Sec. 25 NE
1/4 Sec. 25		 18 8
HH 648 369059 IMC210648 SW 1/4 Sec. 30 18 9
HH 649 369060 IMC210649 (SW 1/4 Sec. 30)
SE 1/4 Sec. 25
(NW 1/4
Sec. 30) NE 1/4
Sec.25		 18 8(9)
HH 650 369061 IMC210650 SW 1/4 Sec. 30 SE
1/4 Sec. 30		 18 9
HH 651 369062 IMC210651 SW 1/4 Sec. 30
NW 1/4 Sec. 30		 18 9

59

6932-01/3678198_9

LEGAL_46754819.9

HH 652 369063 IMC210652 SE 1/4 Sec. 30 18 9
HH 653 369064 IMC210653 SW 1/4 Sec. 30
NW 1/4 Sec. 30		 18 9
HH 654 369065 IMC210654 SE 1/4 Sec. 30 18 9
HH 655 369066 IMC210655 SW 1/4 Sec. 30
NW 1/4 Sec. 30		 18 9
HH 656 369067 IMC210656 SE 1/4 Sec. 30 18 9
HH 657 369068 IMC210657 SW 1/4 Sec. 30 SE
1/4 Sec. 30 NW
1/4 Sec.
30 NE 1/4 Sec. 30		 18 9
HH 658 369069 IMC210658 SE 1/4 Sec. 30 18 9
HH 659 369070 IMC210659 SE 1/4 Sec. 30 NE
1/4 Sec. 30		 18 9
HH 660 369071 IMC210660 NW 1/4 Sec. 32
NE 1/4 Sec. 31		 18 9
HH 661 369072 IMC210661 SE 1/4 Sec. 30 NE
1/4 Sec. 30		 18 9
HH 662 369073 IMC210662 NW 1/4 Sec. 32 18 9
HH 663 369074 IMC210663 SE 1/4 Sec. 30 NE
1/4 Sec. 30		 18 9
HH 664 369075 IMC210664 NW 1/4 Sec. 32 18 9
HH 665 369076 IMC210665 SE 1/4 Sec. 30 NE
1/4 Sec. 30		 18 9
HH 666 369077 IMC210666 NW 1/4 Sec. 32 18 9
HH 667 369078 IMC210667 SE 1/4 Sec. 30 NE
1/4 Sec. 31		 18 9
HH 668 369079 IMC210668 NW 1/4 Sec. 32
NE 1/4 Sec. 32		 18 9
HH 669 369080 IMC210669 SE 1/4 Sec. 30 NE
1/4 Sec. 31		 18 9

60

6932-01/3678198_9

LEGAL_46754819.9

HH 670 369081 IMC210670 SW 1/4 Sec. 32
NW 1/4 Sec. 32		 18 9
HH 671 369082 IMC210671 SW 1/4 Sec. 29 SE
1/4 Sec. 30 NW
1/4 Sec.
32 NE 1/4 Sec. 31		 18 9
HH 672 369083 IMC210672 SW 1/4 Sec. 32 SE
1/4 Sec. 32 NW
1/4 Sec.
32 NE 1/4 Sec. 32		 18 9
HH 673 369084 IMC210673 SW 1/4 Sec. 29
NW 1/4 Sec. 32		 18 9
HH 674 369085 IMC210674 SE 1/4 Sec. 32 NE
1/4 Sec. 32		 18 9
HH 675 369086 IMC210675 SW 1/4 Sec. 29
NW 1/4 Sec. 32		 18 9
HH 676 369087 IMC210676 SE 1/4 Sec. 32 NE
1/4 Sec. 32		 18 9
HH 677 381428 IMC213443 SW 1/4 Sec. 28
NW 1/4 Sec. 28		 19 8
HH 678 381429 IMC213444 SW 1/4 Sec. 28 19 8
HH 679 381430 IMC213445 SW 1/4 Sec. 28
NW 1/4 Sec. 33		 19 8
HH 680 381431 IMC213446 SW 1/4 Sec. 33
NW 1/4 Sec. 33		 19 8
HH 681 381432 IMC213447 SW 1/4 Sec. 33 19 8
HH 682 381433 IMC213448 SW 1/4 Sec. 33 19 8
HH 683 381434 IMC213449 SW 1/4 Sec. 33 SE
1/4 Sec. 33		 19 8
HH 684 381435 IMC213450 SE 1/4 Sec. 33 19 8
HH 685 381436 IMC213451 SE 1/4 Sec. 33 19 8

61

6932-01/3678198_9

LEGAL_46754819.9

HH 686
HH 687
HH 688
HH 689		 442528 ID105255098 NW 1/4 SEC 27
SW 1/4 Sec. 27		 19 8
442549 ID105255099 NW 1/4 SEC 27
SW 1/4 Sec. 27		 19 8
442530 ID105255100 NW 1/4 Sec. 27 19 8
442531 ID105255101 NW 1/4 Sec. 27 19 8
Claim Name Valley
Instrument		 County
No.		 Book Page BLM Serial
No.		 Section Township Range
B.M. NO. 3 12935 7 145 IMC20040 3 18N 8E
Amended
B.M.
NO.
3
Lode		 29548 10 438
B.M.
NO.
6
Lode		 12938 7 148 IMC20043 3 18N 8E
Amended
B.M.
NO.
6
Lode		 29551 10 442
SB NO. 8 15029 7 379 IMC20053 22,27,28 19N 8E
Amended S.B.
No. 8		 32557 6 381
SB NO. 9 15030 7 380 IMC20054 22,27 19N 8E
Amended S.B.
No. 9		 32558 6 382
SB NO. 10 15031 7 381 IMC20055 27,28 19N 8E
Amended S.S.
No. 10		 32559 6 383
SB NO. 12 15033 7 383 IMC20056 27,28 19N 8E
AmendedS.B.
No. 12		 32560 6 384

62

6932-01/3678198_9

LEGAL_46754819.9

SBNO. 13 15034 7 384 IMC20057 28 19N 8E
Amended S.S.
No.13		 32561 6 385
SB NO. 14 15035 7 385 IMC20058 22,27,28 19N 8E
AmendedS.B.
No. 14		 32562 6 386
GG NO.81 151336 NA NA IMC114578 9 18N 8E
RESURRECTION
**NO.1 **		 142643 NA NA IMC103281 28 19N 8E

63

6932-01/3678198_9

LEGAL_46754819.9

A N N E X U R E C – R EP R E S E N T A TI O N S A N D W A R R A N TI E S B Y TH E C O M P A N Y A ND S H A R E H OL DE R S

Section 1 – Shareholders Representations and Warranties

Each Shareholder jointly and severally represents and warrants:

  • (a) Incorporation : If a company, it is validly incorporated, organised and subsisting in accordance with the laws of its place of incorporation.

  • (b) Power and capacity : It has full power and lawful authority to execute and deliver this Agreement and to observe and perform, or cause to be observed or performed, all of its obligations in and under this Agreement without breach or causing the breach of applicable laws.

  • (c) Authority : The execution, delivery and performance of this Agreement has been duly and validly authorised by all necessary corporate action.

  • (d) Title: It is the legal and beneficial owners of the shares in the capital of the Company set out in Annexure A which are free of all encumbrances and other third party interests or rights, are fully paid and no money is owing in respect of them.

  • (e) Free of encumbrances: It is able to sell and transfer their Shares in the Company without the consent of any other person and free of any encumbrance, pre-emptive rights or rights of first refusal.

  • (f) No legal impediment: The execution, delivery and performance of this Agreement by it does not constitute a breach of any law or obligation or cause a default under any agreement by which it is bound.

  • (g) No Event of Insolvency : No event of insolvency has occurred in relation to it nor is there any act which has occurred, or any omission made, which may result in an event of insolvency occurring in relation it.

  • (h) No Litigation : There is no litigation or proceeding pending or threatened against it which may defeat, impair, detrimentally affect or reduce the right, title and interest of it in its Shares.

  • (i) Tax Investigations: It is not the subject of any investigation or audit by the tax office of any country or state nor is any such investigation or audit pending or threatened, which may defeat, impair, detrimentally affect or reduce the right, title and interest of it in its Shares.

  • (j) Tax Declaration: The Acquisition is not an acquisition of an indirect Australian real property interest.

  • (k) No Trust: Except for Canaccord Genuity Corp., it enters into and performs this Agreement on its own account and not as trustee for or nominee of any other person.

  • (l) Trustee Warranties: Where it enters into this Agreement in the capacity as trustee ( Trustee ) of any trust ( Trust ) under any trust deed, deed of settlement or other instrument ( Trust Deed ), the Trustee represents and warrants that:

  • (i) it is the only trustee of the Trust and no action has been taken or is proposed to remove it as trustee of the Trust;

  • (ii) the Trustee has power under the Trust Deed and, in the case of a corporation, under its constitution, to enter into and execute this Agreement and to perform the obligations imposed under this Agreement as trustee;

  • (iii) all necessary resolutions have been passed as required by the Trust Deed and, in the case of a corporate Trustee, by its constitution, in order to make this Agreement fully binding on the Trustee;

  • (iv) the execution of this Agreement is for the benefit of the beneficiaries of the Trust;

64

6932-01/3678198_9

LEGAL_46754819.9

  • (v) the Trustee is not, and has never been, in default under the Trust Deed;

  • (vi) it has a right to be fully indemnified out of the Trust assets in respect of obligations incurred by it under this Agreement and the assets of the Trust are sufficient to satisfy that right of indemnity;

  • (vii) there is not now, and the Trustee will not do anything by virtue of which there will be in the future, any restriction or limitation on the right of the Trustee to be indemnified out of the assets of the Trust; and

  • (viii) there is no material fact or circumstance relating to the assets, matters or affairs of the Trust that might, if disclosed, be expected to affect the decision of the other Parties, acting reasonably, to enter into this Agreement.

  • (m) Foreign Government Investor: It is not a foreign government investor for the purposes of the Foreign Acquisitions And Takeovers Act 1975 (Cth).

Section 2 – Company Representations and Warranties

The Company represents and warrants:

  • (a) Incorporation : Each of the Group Members is validly incorporated, organised and subsisting in accordance with the laws of its place of incorporation.

  • (b) Power and capacity : The Company has full power and lawful authority to execute and deliver this Agreement and to observe and perform, or cause to be observed or performed, all of its obligations in and under this Agreement without breach or causing the breach of applicable laws.

  • (c) Authority : The execution, delivery and performance of this Agreement has been duly and validly authorised by all necessary corporate action on behalf of the Company.

  • (d) Issued capital : No equity securities, debt securities or hybrid securities are on issue in a Group Member other than as set out in Annexure A.

  • (e) Subsidiaries:

  • (i) Horse Heaven Holdings is a wholly owned subsidiary of Horse Heaven Parent and Horse Heaven Parent does not have any other subsidiaries.

  • (ii) Horse Heaven Holdings does not have any subsidiaries.

  • (iii) The Company does not have any subsidiaries, other than Horse Heaven Parent and Horse Heaven Holdings which will be acquired prior to Completion.

  • (f) No right to subscribe : At Completion, no person has any right or option to subscribe for or otherwise to acquire any further shares or other equity, debt or hybrid securities in the Group other than as set out in Annexure A.

  • (g) No options : There are no outstanding options, contracts, calls, first refusals, commitments, rights or demands of any kind relating to the issued or unissued capital of the Group other than the Option Agreement and as otherwise set out in Annexure A.

  • (h) No other allotments : The Group is not under any obligation to allot any shares or any other equity, debt or hybrid securities to any person or persons, or otherwise to alter the structure of any part of its unissued share capital, and the Group is not under any obligation to give any option over any part of its unissued capital nor has the Group offered to do any of the matters stated in this sub-paragraph other than as set out in Annexure A.

  • (i) No legal impediment: The execution, delivery and performance of this Agreement by the Company does not constitute a breach of any law or obligation or cause a default under any agreement by which it is bound.

  • (j) No Event of Insolvency : No event of insolvency has occurred in relation to a Group Member nor is there any act which has occurred, or any omission made, which may result in an event of insolvency occurring in relation to a Group Member.

65

6932-01/3678198_9

LEGAL_46754819.9

  • (k) No litigation : The Group and its directors and officers are not involved in any litigation, arbitration or administrative proceeding relating to claims or amounts relating to a Group Member nor is any such litigation, arbitration or administrative proceeding pending or threatened.

  • (l) No claims remain unpaid : There are no material claims made but unpaid under any existing or previous insurance policies held by the Group, and no material threatened or pending claims, and there are no events or circumstances which may give rise to any such claim.

  • (m) No failure to claim : The Group has not failed to give any notice or to present any claim with respect to its assets, undertaking or business under any existing insurance policy.

  • (n) Investigations : The Group and its directors and officers are not the subject of any investigation by any regulatory body of any country nor is any such investigation pending or threatened.

  • (o) Tax Investigations : No Group Member is the subject of any investigation or audit by the tax office of any country or state nor is any such investigation or audit pending or threatened.

  • (p) Taxation Liabilities:

  • (i) All tax and duty arising under any tax law for which the Group is liable or for which the Group is liable to account has been paid when due.

  • (ii) No Group Member is, nor will in the future become, subject to any tax or duty on or in respect of or by reference to its profits, gains, income, sales, disposals of or transactions in relation to assets, inventory, or other property for any period up to and including Completion.

  • (q) Withholding tax: Any obligation on the Group under any tax law to withhold amounts at source has been complied with.

  • (r) Tax Returns:

  • (i) The Group has submitted any necessary information, notices, computations and returns to the relevant government agency in respect of any tax or duty relating to the Group.

  • (ii) No tax return, election or notice lodged or filed by the Group contains either of the following:

    • (A) a false or misleading statement or omits to refer to a matter which is required to be included or without which the statement is false or misleading; or

    • (B) a material error or a material omission relating to the assessment of tax of the Group.

  • (iii) The Group has maintained sufficient records to support all returns lodged or filed relating to tax and duty and to comply with any tax law.

  • (s) Compliance with laws and agreements : No Group Member is in material breach of any provision of any relevant laws or material contract or agreement to which that Group Member is party.

  • (t) Consistency : The execution, delivery and performance of this Agreement by the Company does not conflict with or result in a breach of any obligation (including, without limitation, any statutory, contractual or fiduciary obligation) or constitute or result in any default under any material provision of any agreement, deed, writ, order, injunction, judgment, law, rule or regulation to which the Company is a party or is subject or by which it is bound.

  • (u) Contracts : Every material contract, instrument or other commitment to which a Group Member is a party is set out in Annexure D, is valid and binding according to its terms and no party to any such commitment or contract is in material default under the terms of that commitment or contract.

66

6932-01/3678198_9

LEGAL_46754819.9

  • (v) Option Agreement : To the best of the Company’s knowledge, each of the representations and warranties given by Horse Heaven Parent under the Option Agreement is true and correct.

  • (w) Liabilities : At Completion, the Group does not have any liabilities exceeding an aggregate of CAD$20,000.

  • (x) Accounts : The accounts set out in Annexure “E” ( Last Accounts ):

  • (i) disclose a true and fair view of the state of the affairs, financial position and assets and liabilities of the Group as at the balance date disclosed in the Last Accounts ( Balance Date );

  • (ii) includes all such reserves and provisions for tax as are adequate to cover all tax liabilities (whether or not assessed and whether actual, contingent, deferred or otherwise) of the Group up to the Balance Date;

  • (iii) contain adequate provisions in respect of all other liabilities (whether actual, contingent, deferred or otherwise) of the Group as at the Balance Date and proper disclosure (in note form) of any contingent or other liabilities not included or provided therein; and

  • (iv) were prepared:

    • (A) in accordance with the relevant accounting standards prescribed by the jurisdiction(s) in which it operates and applied on a consistent basis and without making any revaluation of assets; and

    • (B) in the manner described in the notes to them.

  • (y) Business Records properly kept : All Business Records of the Group:

  • (i) have been fully, properly and accurately kept on a consistent basis and completed in accordance with proper business and accounting practices and all applicable statutes;

  • (ii) have not had any material records or information removed from them;

  • (iii) do not contain or reflect any material inaccuracies or discrepancies;

  • (iv) give and reflect a true and fair view of the trading transactions, or the financial and contractual position of the Group and of its assets and liabilities; and

  • (v) are in the possession of the Group.

  • (z) Assets Owned by the Group : All the fixed asset, current assets and other assets and property owned by the Group are:

  • (i) accurately described in full in Annexure F;

  • (ii) legally and beneficially owned by the Group free of encumbrances (and, in particular, no such assets are the subject of any hire purchase agreement or credit purchase agreement or any agreement for payment of deferred terms); and

  • (iii) not used by any person, other than the Group.

  • (aa) Mineral Rights:

  • (i) For the purposes of this Schedule:

    • (A) Property means the Mineral Rights, and Other Rights comprising the Horse Heaven Project as described in Annexure B, together with any present or future renewal, extension, modification, substitution, amalgamation or variation of any of those Mineral Rights or Other Rights (whether granting or conferring the same, similar or any greater rights and whether extending over the same or a greater or lesser domain);

67

6932-01/3678198_9

LEGAL_46754819.9

  • (B) Permitted Royalties means the:

    • (I) 4% net smelter return royalty on the Oberbillig Claims granted in accordance with the terms of the agreement dated 23 February 2016 among Ronald M. Oberbillig, personal representative of the Estate of Harlow H. Oberbillig, and Matthew J, Mason, Timothy A. Young and Stephen Stanley and Wilmat Petroleum Corporation;

    • (II) the 3% Net Smelter Returns royalty payable to Sotet Capital Limited, Matthew Mason and Timothy Young pursuant to the Wilmat Agreement; and

    • (III) the 1% Net Smelter Returns royalty payable to Robert Birmingham pursuant to the Hybrid Share Option Agreement;

  • (C) Other Rights means any interest in real property, whether freehold, leasehold, license, right of way, easement, any other surface or other right in relation to real property, and any right, licence or permit in relation to the use or diversion of water, but excluding any Mineral Rights;

  • (ii) Title: To the best of the Company’s knowledge:

  • (A) Horse Heaven Parent holds its title to the Property through the Mineral Rights and other than the Permitted Royalties, such Mineral Rights are free and clear of any encumbrances or title defect of whatever kind or nature, regardless of form, whether or not registered or registrable and whether or not consensual or arising by law (statutory or otherwise), including any mortgage, lien, charge, pledge or security interest, whether fixed or floating, or any joint-venture or similar interest, earn-in provision, assignment, lease, option, right of pre-emption, privilege, encumbrance, easement, servitude, right of way, restrictive covenant, right of use or any other material right or material claim of any kind or nature whatsoever which affects ownership or possession of, or title to, any interest in, or the right to use or occupy such property or assets.

  • (B) There are no conflicting claims that could constitute a material defect in Horse Heaven Parent’s title to any of the Mineral Rights.

  • (C) There are no pending or threatened suits, claims, actions, proceedings or investigations of any nature affecting the Property or the Mineral Rights.

  • (D) The Mineral Rights are in good standing, are valid and enforceable, are free and clear of any liens or charges. Other than the Permitted Royalties, no royalty, streaming arrangement, revenue sharing or other similar interest is payable in respect of any of the Mineral Rights. There are no restrictions on the use, transfer or ability to otherwise exploit any such Mineral Rights, except as required by applicable laws.

  • (E) The Mineral Rights are the only material prospecting or exploration rights owned or held by Horse Heaven Parent with respect to the Property.

  • (F) Horse Heaven Parent has not received notice from any governmental licensing authority of any material proposal or intention to withdraw, revoke, amend or terminate any of the Mineral Rights.

  • (G) All material obligations in respect of the Mineral Rights have been complied with at all times and Horse Heaven Parent is currently in compliance with the obligations required of it under the Mineral Rights in all material respects, and no action, claim, demand, dispute or liability in respect of the same is outstanding or threatened.

  • (H) The Property is properly and accurately described in Annexure B.

68

6932-01/3678198_9

LEGAL_46754819.9

  • (iii) Environmental Laws; To the best of the Company’s knowledge, Horse Heaven Parent is not in violation of any federal, provincial, state, local, municipal or foreign statute, law, rule, regulation, ordinance, code, policy or any judicial or administrative interpretation thereof, including any judicial or administrative order, consent, decree or judgment, relating to pollution or protection of human health, the environment (including, without limitation, ambient air, surface water, groundwater, land surface or subsurface strata) or wildlife, including, without limitation, laws and regulations relating to the release or threatened release of chemicals, pollutants, contaminants, wastes, toxic substances, hazardous substances, petroleum or petroleum products (collectively Hazardous Materials ) or to the manufacture, processing, distribution, use, treatment, storage, disposal, transports or handling of Hazardous Materials (collectively, Environmental Laws ). Horse Heaven Parent has all permits, authorizations and approval required under any applicable Environmental Laws and is in compliance with the requirements of any applicable Environmental Laws, and there are no pending, or threatened administrative, regulatory or judicial actions, suits, demands, demand letters, claims, liens, notices of non-compliance or violations, investigations, or proceedings related to any Environmental Laws against Horse Heaven Parent.

  • (iv) Possession of Licenses and Permits: To the best of the Company’s knowledge, Horse Heaven Parent possesses such permits, certificates, licenses, approvals, consents and other authorizations (collectively, Governmental Licenses ) issued by the appropriate federal, provincial, state, local or foreign regulatory agencies of bodies necessary to own, lease, use, stake or maintain the Property and to conduct the business now operated by it and to explore the Property. Horse Heaven Parent is in material compliance with the terms and conditions of all such Governmental Licenses. All of the Governmental Licenses are valid and in full force and effect. Horse Heaven Parent has not received any notice of proceedings relating to the revocation or modification of any such Governmental Licenses. Horse Heaven Parent is licensed, qualified, and registered to carry on business as currently conducted and contemplated to be conducted.

  • (v) Community Relations: To the best of the Company’s knowledge, no dispute between Horse Heaven Parent and any non-governmental organization, community, or community group exists or, is threatened or imminent with respect to the Property.

  • (vi) Surface Rights: To the best of the Company’s knowledge, there are no conflicts with the communities or with the surface lands titleholders that are located within the Mineral Rights of the Property or in peripheral areas that serve to access or explore the Property.

  • (vii) Access: To the best of the Company’s knowledge, Horse Heaven Parent has not entered into any agreement, economic or otherwise, with the communities or with the holders of rights in the areas of the Property or in peripheral areas that serve as an access or for further exploration of the Property. Horse Heaven Parent has all rights of access needed to access the Property.

  • (bb) Licenses and approvals: The Group has all permits, license, authorities, registrations and approvals necessary for properly carrying on its business and the Group and the Shareholders are not aware of any circumstance or fact which may result in the revocation, variation or non-renewal in any material respect of any such permits, licenses, authorities, registrations and approvals.

  • (cc) Employees and contractors : At Completion, the Group will have no directors, managers, officers, employees, agents, consultants or contractors and no claim or obligations exists or will exist at Completion in relation to any existing, proposed or previous directors, managers, officers, employees, agents, consultants or contractors of the Group.

  • (dd) Financings: There are no:

69

6932-01/3678198_9

LEGAL_46754819.9

  • (i) financing arrangements entered into by or on behalf of a Group Member for the borrowing of money;

  • (ii) debentures, bonds, notes or similar debt instruments issued by a Group Member;

  • (iii) guarantees given by the Company, or to which a Group Member is otherwise subject, in relation to a Group Member or any other person;

  • (iv) encumbrances over the assets or undertaking or a Group Member, or its business or securities; or

  • (v) financing arrangements that restrict the disposal of a Group Member.

  • (ee) All material information : Any information known to the Company or the Major Shareholders concerning the Company which might reasonably be regarded as material to a purchaser for value of Shares has been disclosed to RML in writing prior to the Execution Date and is true and accurate in all material respects.

  • (ff) No Trust: The Company enters into and performs this Agreement on its own account and not as trustee for or nominee of any other person.

  • (gg) No sums owing: No sums are now owing or will at Completion be owing by any Group Member to the Shareholders or to any company or person related to the Shareholders.

  • (hh) Capital expenditure: There are no outstanding commitments of a Group Member for capital expenditure.

  • (ii) No profit sharing: No Group Member is a party to any agreement, arrangement or understanding where it is or will be bound to share profits or waive or abandon any rights.

  • (jj) No Power of Attorney: There are no powers of attorney given by the Company in favour of any person which may come into force in relation to the business, assets or undertaking of the Company.

Section 3 – Major Shareholder Representations and Warranties

Each Major Shareholder jointly and severally represents and warrants:

  • (a) Incorporation : To the best of the Major Shareholder’s knowledge, each of the Group Members is validly incorporated, organised and subsisting in accordance with the laws of its place of incorporation.

  • (b) Power and capacity : The Company has full power and lawful authority to execute and deliver this Agreement and to observe and perform, or cause to be observed or performed, all of its obligations in and under this Agreement without breach or causing the breach of applicable laws.

  • (c) Authority : The execution, delivery and performance of this Agreement has been duly and validly authorised by all necessary corporate action on behalf of the Company.

  • (d) Issued capital : No equity securities, debt securities or hybrid securities are on issue in a Group Member other than as set out in Annexure A.

  • (e) Subsidiaries:

  • (i) Horse Heaven Holdings is a wholly owned subsidiary of Horse Heaven Parent and Horse Heaven Parent does not have any other subsidiaries.

  • (ii) Horse Heaven Holdings does not have any subsidiaries.

  • (iii) The Company does not have any subsidiaries, other than Horse Heaven Parent and Horse Heaven Holdings which will be acquired prior to Completion.

  • (f) No right to subscribe : At Completion, no person has any right or option to subscribe for or otherwise to acquire any further shares or other equity, debt or hybrid securities in the Group other than as set out in Annexure A.

70

6932-01/3678198_9

LEGAL_46754819.9

  • (g) No options : There are no outstanding options, contracts, calls, first refusals, commitments, rights or demands of any kind relating to the issued or unissued capital of the Group other than the Option Agreement and as otherwise set out in Annexure A.

  • (h) No other allotments : The Group is not under any obligation to allot any shares or any other equity, debt or hybrid securities to any person or persons, or otherwise to alter the structure of any part of its unissued share capital, and the Group is not under any obligation to give any option over any part of its unissued capital nor has the Group offered to do any of the matters stated in this sub-paragraph other than as set out in Annexure A.

  • (i) No legal impediment: The execution, delivery and performance of this Agreement by the Company does not constitute a breach of any law or obligation or cause a default under any agreement by which it is bound.

  • (j) No Event of Insolvency : To the best of the Major Shareholder’s knowledge, no event of insolvency has occurred in relation to a Group Member nor is there any act which has occurred, or any omission made, which may result in an event of insolvency occurring in relation to a Group Member.

  • (k) No litigation : To the best of the Major Shareholder’s knowledge, the Group and its directors and officers are not involved in any litigation, arbitration or administrative proceeding relating to claims or amounts relating to a Group Member nor is any such litigation, arbitration or administrative proceeding pending or threatened.

  • (l) No claims remain unpaid : To the best of the Major Shareholder’s knowledge, there are no material claims made but unpaid under any existing or previous insurance policies held by the Group, and no material threatened or pending claims, and there are no events or circumstances which may give rise to any such claim.

  • (m) No failure to claim : To the best of the Major Shareholder’s knowledge, the Group has not failed to give any notice or to present any claim with respect to its assets, undertaking or business under any existing insurance policy.

  • (n) Investigations : To the best of the Major Shareholder’s knowledge, the Group and its directors and officers are not the subject of any investigation by any regulatory body of any country nor is any such investigation pending or threatened.

  • (o) Compliance with laws and agreements : To the best of the Major Shareholder’s knowledge, no Group Member is in material breach of any provision of any relevant laws or material contract or agreement to which that Group Member is party.

  • (p) Consistency : The execution, delivery and performance of this Agreement by the Company does not conflict with or result in a breach of any obligation (including, without limitation, any statutory, contractual or fiduciary obligation) or constitute or result in any default under any material provision of any agreement, deed, writ, order, injunction, judgment, law, rule or regulation to which the Company is a party or is subject or by which it is bound.

  • (q) Contracts : To the best of the Major Shareholder’s knowledge, every material contract, instrument or other commitment to which a Group Member is a party is set out in Annexure D, is valid and binding according to its terms and no party to any such commitment or contract is in material default under the terms of that commitment or contract.

  • (r) Option Agreement : To the best of the Major Shareholder’s knowledge, each of the representations and warranties given by Horse Heaven Parent under the Option Agreement is true and correct.

  • (s) Liabilities : At Completion, the Group does not have any liabilities exceeding an aggregate of CAD$20,000.

  • (t) Accounts : The accounts provided to RML prior to the date of this Agreement ( Last Accounts ), to the best of the Major Shareholder’s knowedge:

71

6932-01/3678198_9

LEGAL_46754819.9

  • (i) disclose a true and fair view of the state of the affairs, financial position and assets and liabilities of the Group as at the balance date disclosed in the Last Accounts ( Balance Date );

  • (ii) includes all such reserves and provisions for tax as are adequate to cover all tax liabilities (whether or not assessed and whether actual, contingent, deferred or otherwise) of the Group up to the Balance Date;

  • (iii) contain adequate provisions in respect of all other liabilities (whether actual, contingent, deferred or otherwise) of the Group as at the Balance Date and proper disclosure (in note form) of any contingent or other liabilities not included or provided therein; and

  • (iv) were prepared:

    • (A) in accordance with the relevant accounting standards prescribed by the jurisdiction(s) in which it operates and applied on a consistent basis and without making any revaluation of assets; and

    • (B) in the manner described in the notes to them.

  • (u) Assets Owned by the Group : To the best of the Major Shareholder’s knowledge, all the fixed asset, current assets and other assets and property owned by the Group are:

  • (i) accurately described in full in Annexure F;

  • (ii) legally and beneficially owned by the Group free of encumbrances (and, in particular, no such assets are the subject of any hire purchase agreement or credit purchase agreement or any agreement for payment of deferred terms); and

  • (iii) not used by any person, other than the Group.

  • (v) Mineral Rights:

  • (i) For the purposes of this Schedule:

    • (A) Property means the Mineral Rights, and Other Rights comprising the Horse Heaven Project as described in Annexure B, together with any present or future renewal, extension, modification, substitution, amalgamation or variation of any of those Mineral Rights or Other Rights (whether granting or conferring the same, similar or any greater rights and whether extending over the same or a greater or lesser domain);

    • (B) Permitted Royalties means the:

      • (I) 4% net smelter return royalty on the Oberbillig Claims granted in accordance with the terms of the agreement dated 23 February 2016 among Ronald M. Oberbillig, personal representative of the Estate of Harlow H. Oberbillig, and Matthew J, Mason, Timothy A. Young and Stephen Stanley and Wilmat Petroleum Corporation;

      • (II) the 3% Net Smelter Returns royalty payable to Sotet Capital Limited, Matthew Mason and Timothy Young pursuant to the Wilmat Agreement; and

      • (III) the 1% Net Smelter Returns royalty payable to Robert Birmingham pursuant to the Hybrid Share Option Agreement;

    • (C) Other Rights means any interest in real property, whether freehold, leasehold, license, right of way, easement, any other surface or other right in relation to real property, and any right, licence or permit in relation to the use or diversion of water, but excluding any Mineral Rights;

72

6932-01/3678198_9

LEGAL_46754819.9

  • (ii) Title: To the best of the Major Shareholder’s knowledge:

  • (A) Horse Heaven Parent holds its title to the Property through the Mineral Rights and other than the Permitted Royalties, such Mineral Rights are free and clear of any encumbrances or title defect of whatever kind or nature, regardless of form, whether or not registered or registrable and whether or not consensual or arising by law (statutory or otherwise), including any mortgage, lien, charge, pledge or security interest, whether fixed or floating, or any joint-venture or similar interest, earn-in provision, assignment, lease, option, right of pre-emption, privilege, encumbrance, easement, servitude, right of way, restrictive covenant, right of use or any other material right or material claim of any kind or nature whatsoever which affects ownership or possession of, or title to, any interest in, or the right to use or occupy such property or assets.

  • (B) There are no conflicting claims that could constitute a material defect in Horse Heaven Parent’s title to any of the Mineral Rights.

  • (C) There are no pending or threatened suits, claims, actions, proceedings or investigations of any nature affecting the Property or the Mineral Rights.

  • (D) The Mineral Rights are in good standing, are valid and enforceable, are free and clear of any liens or charges. Other than the Permitted Royalties, no royalty, streaming arrangement, revenue sharing or other similar interest is payable in respect of any of the Mineral Rights. There are no restrictions on the use, transfer or ability to otherwise exploit any such Mineral Rights, except as required by applicable laws.

  • (E) The Mineral Rights are the only material prospecting or exploration rights owned or held by Horse Heaven Parent with respect to the Property.

  • (F) Horse Heaven Parent has not received notice from any governmental licensing authority of any material proposal or intention to withdraw, revoke, amend or terminate any of the Mineral Rights.

  • (G) All material obligations in respect of the Mineral Rights have been complied with at all times and Horse Heaven Parent is currently in compliance with the obligations required of it under the Mineral Rights in all material respects, and no action, claim, demand, dispute or liability in respect of the same is outstanding or threatened.

  • (H) The Property is properly and accurately described in Annexure B.

(iii) Environmental Laws; The Major Shareholders have not received notice that Horse Heaven Parent is in violation of any federal, provincial, state, local, municipal or foreign statute, law, rule, regulation, ordinance, code, policy or any judicial or administrative interpretation thereof, including any judicial or administrative order, consent, decree or judgment, relating to pollution or protection of human health, the environment (including, without limitation, ambient air, surface water, groundwater, land surface or subsurface strata) or wildlife, including, without limitation, laws and regulations relating to the release or threatened release of chemicals, pollutants, contaminants, wastes, toxic substances, hazardous substances, petroleum or petroleum products (collectively Hazardous Materials ) or to the manufacture, processing, distribution, use, treatment, storage, disposal, transports or handling of Hazardous Materials (collectively, Environmental Laws ).

(iv) Possession of Licenses and Permits: To the best of the Major Shareholder’s knowledge, Horse Heaven Parent possesses such permits, certificates, licenses, approvals, consents and other authorizations (collectively, Governmental Licenses ) issued by the appropriate federal, provincial, state, local or foreign regulatory agencies of bodies necessary to own, lease, use, stake or maintain the Property and to conduct the business now operated by it and to explore the Property. Horse Heaven Parent is in material compliance with the terms and

73

6932-01/3678198_9

LEGAL_46754819.9

conditions of all such Governmental Licenses. All of the Governmental Licenses are valid and in full force and effect. Horse Heaven Parent has not received any notice of proceedings relating to the revocation or modification of any such Governmental Licenses. Horse Heaven Parent is licensed, qualified, and registered to carry on business as currently conducted and contemplated to be conducted.

  • (v) Community Relations: To the best of the Major Shareholder’s knowledge, no dispute between Horse Heaven Parent and any non-governmental organization, community, or community group exists or, is threatened or imminent with respect to the Property.

  • (vi) Surface Rights: To the best of the Major Shareholder’s knowledge, there are no conflicts with the communities or with the surface lands titleholders that are located within the Mineral Rights of the Property or in peripheral areas that serve to access or explore the Property.

  • (vii) Access: To the best of the Major Shareholder’s knowledge, Horse Heaven Parent has not entered into any agreement, economic or otherwise, with the communities or with the holders of rights in the areas of the Property or in peripheral areas that serve as an access or for further exploration of the Property. Horse Heaven Parent has all rights of access needed to access the Property.

  • (w) Employees and contractors : At Completion, the Group will have no directors, managers, officers, employees, agents, consultants or contractors and no claim or obligations exists or will exist at Completion in relation to any existing, proposed or previous directors, managers, officers, employees, agents, consultants or contractors of the Group.

  • (x) Financings: There are no:

  • (i) financing arrangements entered into by or on behalf of a Group Member for the borrowing of money;

  • (ii) debentures, bonds, notes or similar debt instruments issued by a Group Member;

  • (iii) guarantees given by the Company, or to which a Group Member is otherwise subject, in relation to a Group Member or any other person;

  • (iv) encumbrances over the assets or undertaking or a Group Member, or its business or securities; or

  • (v) financing arrangements that restrict the disposal of a Group Member.

  • (y) All material information : To the best of the Major Shareholder’s knowledge, any information known to the Company or the Major Shareholders concerning the Company which might reasonably be regarded as material to a purchaser for value of Shares has been disclosed to RML in writing prior to the Execution Date and is true and accurate in all material respects.

  • (z) No Trust: The Company enters into and performs this Agreement on its own account and not as trustee for or nominee of any other person.

  • (aa) No sums owing: No sums are now owing or will at Completion be owing by any Group Member to the Shareholders or to any company or person related to the Shareholders.

  • (bb) Capital expenditure: There are no outstanding commitments of a Group Member for capital expenditure.

  • (cc) No profit sharing: To the best of the Major Shareholder’s knowledge, no Group Member is a party to any agreement, arrangement or understanding where it is or will be bound to share profits or waive or abandon any rights.

  • (dd) No Power of Attorney: To the best of the Major Shareholder’s knowledge, there are no powers of attorney given by the Company in favour of any person which may come into force in relation to the business, assets or undertaking of the Company.

74

6932-01/3678198_9

LEGAL_46754819.9

75

6932-01/3678198_9

LEGAL_46754819.9

A N N E X U R E D – C O N TR A C T S

NO. CONTRACT DETAILS
1. The share option agreement dated effective 1 March 2021 among Hybrid Minerals Inc.,
Horse Heaven Parent, Sotet Capital Limited, Robert Birmingham, Matthew Mason and
Timothy Young (theHybrid Share Option Agreement).
2. The agreement dated 23 February 2016 among Ronald M. Oberbillig, personal
representative of the Estate of Harlow H. Oberbillig, and Matthew J, Mason, Timothy A.
Young and Stephen Stanley and Wilmat Petroleum Corporation.
3. The sale and purchase agreement dated 31 December 2020 among Wilmat Petroleum
Corporation and the Founders as sellers and Horse Heaven Holdings Inc. as buyer in
respect of the Property (Wilmat Agreement)
4. The Share Option Agreement dated 8 November 2024 between the Company, Horse
Heaven Parent and the Optionor.

76

6932-01/3678198_9 LEGAL_46754819.9

A N N E X U R E E – L AS T A C C OU N TS

1503571 B.C. LTD.

Balance Sheet

For the period from the date of incorporation on September 24, 2024, to May 31, 2025 (Expressed in Canadian Dollars)

1503571 B.C. LTD.

As of May 31, 2025

(Expressed in Canadian Dollars)

May 31, 2025
Assets
Current
Cash $ 92,574
Investment in mineralproperty 2,600,000
Total Assets $ 2,692,574
Liabilities and Shareholders’ Equity
Liabilities
Current
Accounts payable and accrued liabilities $ 95,664
Mineralpropertyoptionpayable 200,000
295,664
Shareholders’ Equity
Share capital 2,646,000
Deficit (249,090)
2,396,910
Total Liabilities and Shareholders’ Equity $ 2,692,574

77

6932-01/3678198_9

LEGAL_46754819.9

A N N E X U R E F – A SS E TS

Nil, other than the Mining Rights.

78

6932-01/3678198_9

LEGAL_46754819.9

More from Stallion Uranium Corp.

Regulatory Filings 2026
Apr 28
Regulatory Filings 2026
Apr 28
Regulatory Filings 2026
Apr 28
Regulatory Filings 2026
Apr 28
Regulatory Filings 2026
Apr 28
Regulatory Filings 2026
Apr 3
Capital/Financing Update 2026
Apr 2
M&A Activity 2026
Apr 2
M&A Activity 2026
Apr 2
Regulatory Filings 2026
Apr 2
View all filings →