Common use of OPTIONOR'S REPRESENTATIONS Clause in Contracts

OPTIONOR'S REPRESENTATIONS. 1.1 Laronde represents and warrants to Mobridge that: (a) Laronde is the registered and beneficial owner of the Claim and holds the right to explore and develop the Claim; (b) Laronde holds the Claim free and clear of all liens, charges and claims of others, and Laronde has a free and unimpeded right of access to the Claim and has use of the Claim surface for the herein purposes; (c) The Claim has been duly and validly located and recorded in a good and miner-like manner pursuant to the laws of the Province of Ontario and are in good standing in Ontario as of the date of this Agreement; (d) There are no adverse claims or challenges against or to the Laronde's ownership of or title to the Claim nor to the knowledge of Laronde is there any basis therefor, and there are no outstanding agreements or options to acquire or purchase the Claim or any portion thereof; (e) Laronde has the full right, authority and capacity to enter into this Agreement without first obtaining the consent of any other person or body corporate and the consummation of the transaction herein contemplated will not conflict with or result in any breach of any covenants or agreements contained in, or constitute a default under, or result in the creation of any encumbrance under the provisions of any indenture, agreement or other instrument whatsoever to which Laronde is a party or by which he is bound or to which he is subject; and (f) No proceedings are pending for, and Laronde is unaware of any basis for, the institution of any proceedings which could lead to the placing of Laronde in bankruptcy, or in any position similar to bankruptcy. 1.2 The representations and warranties of Laronde set out in paragraph 1.1 above form a part of this Agreement and are conditions upon which Mobridge has relied in entering into this Agreement and shall survive the acquisition of any interest in the Claim by Mobridge . 1.3 Laronde will indemnify Mobridge from all loss, damage, costs, actions and suits arising out of or in connection with any breach of any representation, warranty, covenant, agreement or condition made by Laronde and contained in this Agreement. 1.4 Laronde acknowledges and agrees that Mobridge has entered into this Agreement relying on the warranties and representations and other terms and conditions of this Agreement and that no information which is now known or which may hereafter become known to Mobridge shall limit or extinguish the right to indemnity hereunder, and, in addition to any other remedies it may pursue, Mobridge may deduct the amount of any such loss or damage from any amounts payable by it to Laronde hereunder.

OPTIONOR'S REPRESENTATIONS. 1.1 Laronde XXXXXX represents and warrants to Mobridge TAMARACK that: (a) Laronde XXXXXX is the registered and beneficial owner of the Claim and holds the right to explore and develop the Claim; (b) Laronde XXXXXX holds the Claim free and clear of all liens, charges and claims of others, and Laronde XXXXXX has a free and unimpeded right of access to the Claim and has have use of the Claim surface for the herein purposes; (c) The Claim has been duly and validly located and recorded in a good and miner-like manner pursuant to the laws of the Province of Ontario and are is in good standing in Ontario as of the date of this Agreement; (d) There are no adverse claims or challenges against or to the Laronde's XXXXXX'x ownership of or title to any of the Claim nor to the knowledge of Laronde XXXXXX is there any basis therefor, and there are no outstanding agreements or options to acquire or purchase the Claim or any portion thereof; (e) Laronde XXXXXX has the full right, authority and capacity to enter into this Agreement without first obtaining the consent of any other person or body corporate and the consummation of the transaction herein contemplated will not conflict with or result in any breach of any covenants or agreements contained in, or constitute a default under, or result in the creation of any encumbrance under the provisions of any indenture, agreement or other instrument whatsoever to which Laronde XXXXXX is a party or by which he it is bound or to which he it is subject; and (f) No proceedings are pending for, and Laronde XXXXXX is unaware of any basis for, the institution of any proceedings which could lead to the placing of Laronde XXXXXX in bankruptcy, or in any position similar to bankruptcy. 1.2 The representations and warranties of Laronde XXXXXX set out in paragraph 1.1 above form a part of this Agreement and are conditions upon which Mobridge TAMARACK has relied in entering into this Agreement and shall survive the acquisition of any interest in the Claim by Mobridge TAMARACK. 1.3 Laronde XXXXXX will jointly indemnify Mobridge TAMARACK from all loss, damage, costs, actions and suits arising out of or in connection with any breach of any representation, warranty, covenant, agreement or condition made by Laronde XXXXXX and contained in this Agreement. 1.4 Laronde XXXXXX acknowledges and agrees that Mobridge TAMARACK has entered into this Agreement relying on the warranties and representations and other terms and conditions of this Agreement and that no information which is now known or which may hereafter become known to Mobridge TAMARACK shall limit or extinguish the right to indemnity hereunder, and, in addition to any other remedies it may pursue, Mobridge TAMARACK may deduct the amount of any such loss or damage from any amounts payable by it to Laronde XXXXXX hereunder.

OPTIONOR'S REPRESENTATIONS. 1.1 Laronde Zeo-Tech represents and warrants to Mobridge Colossus that: (a) Laronde Zeo-Tech is the registered and beneficial owner of the Claim and holds the right to explore and develop the Claim; (b) Laronde Zeo-Tech holds the Claim free and clear of all liens, charges and claims of others, and Laronde the Zeo-Tech has a free and unimpeded right of access to the Claim and has have use of the Claim surface for the herein purposes; (c) The Claim has been duly and validly located and recorded in a good and miner-like manner pursuant to the laws of the Province of Ontario British Columbia and are is in good standing in Ontario British Columbia as of the date of this Agreement; (d) There are no adverse claims or challenges against or to the LarondeZeo-Tech's ownership of or title to the Claim nor to the knowledge of Laronde Zeo-Tech is there any basis therefor, and there are no outstanding agreements or options to acquire or purchase the Claim or any portion thereof; (e) Laronde The Claim is in good standing until March 25, 2005, by which date $1,200 must be spent on the Claim in order to keep it in good standing for an additional year; (f) Zeo-Tech has the full right, authority and capacity to enter into this Agreement without first obtaining the consent of any other person or body corporate and the consummation of the transaction herein contemplated will not conflict with or result in any breach of any covenants or agreements contained in, or constitute a default under, or result in the creation of any encumbrance under the provisions of any indenture, agreement or other instrument whatsoever to which Laronde Zeo-Tech is a party or by which he it is bound or to which he it is subject; and (fg) No proceedings are pending for, and Laronde Zeo-Tech is unaware of any basis for, the institution of any proceedings which could lead to the placing of Laronde Zeo-Tech in bankruptcy, or in any position similar to bankruptcy. 1.2 The representations and warranties of Laronde Zeo-Tech set out in paragraph 1.1 above form a part of this Agreement and are conditions upon which Mobridge Colossus has relied in entering into this Agreement and shall survive the acquisition of any interest in the Claim by Mobridge Colossus. 1.3 Laronde Zeo-Tech will indemnify Mobridge Colossus from all loss, damage, costs, actions and suits arising out of or in connection with any breach of any representation, warranty, covenant, agreement or condition made by Laronde Zeo-Tech and contained in this Agreement. 1.4 Laronde acknowledges and agrees that Mobridge has entered into this Agreement relying on the warranties and representations and other terms and conditions of this Agreement and that no information which is now known or which may hereafter become known to Mobridge shall limit or extinguish the right to indemnity hereunder, and, in addition to any other remedies it may pursue, Mobridge may deduct the amount of any such loss or damage from any amounts payable by it to Laronde hereunder.

OPTIONOR'S REPRESENTATIONS. 1.1 Laronde Sostad represents and warrants to Mobridge Scala that: (a) Laronde Sostad is the registered and beneficial owner of the Claim Claims and holds the right to explore and develop the ClaimClaims; (b) Laronde Sostad holds the Claim Claims free and clear of all liens, charges and claims of others, and Laronde the Sostad has a free and unimpeded right of access to the Claim Claims and has have use of the Claim Claims surface for the herein purposes; (c) The Claim has Claims have been duly and validly located and recorded in a good and miner-like manner pursuant to the laws of the Province of Ontario British Columbia and are in good standing in Ontario British Columbia as of the date of this Agreement; (d) There are no adverse claims or challenges against or to the LarondeSostad's ownership of or title to any of the Claim Claims nor to the knowledge of Laronde Sostad is there any basis therefor, and there are no outstanding agreements or options to acquire or purchase the Claim Claims or any portion thereof; (e) Laronde Sostad has the full right, authority and capacity to enter into this Agreement without first obtaining the consent of any other person or body corporate and the consummation of the transaction herein contemplated will not conflict with or result in any breach of any covenants or agreements contained in, or constitute a default under, or result in the creation of any encumbrance under the provisions of any indenture, agreement or other instrument whatsoever to which Laronde Sostad is a party or by which he is bound or to which he is subject; and (f) No proceedings are pending for, and Laronde Sostad is unaware of any basis for, the institution of any proceedings which could lead to the placing of Laronde Sostad in bankruptcy, or in any position similar to bankruptcy. 1.2 The representations and warranties of Laronde Sostad set out in paragraph 1.1 above form a part of this Agreement and are conditions upon which Mobridge Scala has relied in entering into this Agreement and shall survive the acquisition of any interest in the Claim Claims by Mobridge Scala. 1.3 Laronde Sostad will indemnify Mobridge Scala from all loss, damage, costs, actions and suits arising out of or in connection with any breach of any representation, warranty, covenant, agreement or condition made by Laronde Sostad and contained in this Agreement. 1.4 Laronde Sostad acknowledges and agrees that Mobridge Scala has entered into this Agreement relying on the warranties and representations and other terms and conditions of this Agreement and that no information which is now known or which may hereafter become known to Mobridge Scala shall limit or extinguish the right to indemnity hereunder, and, in addition to any other remedies it may pursue, Mobridge Scala may deduct the amount of any such loss or damage from any amounts payable by it to Laronde Sostad hereunder.

OPTIONOR'S REPRESENTATIONS. 1.1 Laronde Forbes represents and warrants to Mobridge Stonechurch that: (a) Laronde Forbes is the registered and beneficial owner of the Claim and holds the right to explore and develop the Claim; (b) Laronde Forbes holds the Claim free and clear of all liens, charges and claims of others, and Laronde Forbes has a free and unimpeded right of access to the Claim and has use of the Claim surface for the herein purposes; (c) The Claim has been duly and validly located and recorded in a good and miner-like manner pursuant to the laws of the Province of Ontario and are in good standing in Ontario as of the date of this Agreement; (d) There are no adverse claims or challenges against or to the LarondeForbes's ownership of or title to the Claim nor to the knowledge of Laronde Forbes is there any basis therefor, and there are no outstanding agreements or options to acquire or purchase the Claim or any portion thereof; (e) Laronde Forbes has the full right, authority and capacity to enter into this Agreement without first obtaining the consent of any other person or body corporate and the consummation of the transaction herein contemplated will not conflict with or result in any breach of any covenants or agreements contained in, or constitute a default under, or result in the creation of any encumbrance under the provisions of any indenture, agreement or other instrument whatsoever to which Laronde Forbes is a party or by which he is bound or to which he is subject; and (f) No proceedings are pending for, and Laronde Forbes is unaware of any basis for, the institution of any proceedings which could lead to the placing of Laronde Forbes in bankruptcy, or in any position similar to bankruptcy. 1.2 The representations and warranties of Laronde Forbes set out in paragraph 1.1 above form a part of this Agreement and are conditions upon which Mobridge Stonechurch has relied in entering into this Agreement and shall survive the acquisition of any interest in the Claim by Mobridge Stonechurch . 1.3 Laronde Forbes will indemnify Mobridge Stonechurch from all loss, damage, costs, actions and suits arising out of or in connection with any breach of any representation, warranty, covenant, agreement or condition made by Laronde Forbes and contained in this Agreement. 1.4 Laronde Forbes acknowledges and agrees that Mobridge Stonechurch has entered into this Agreement relying on the warranties and representations and other terms and conditions of this Agreement and that no information which is now known or which may hereafter become known to Mobridge Stonechurch shall limit or extinguish the right to indemnity hereunder, and, in addition to any other remedies it may pursue, Mobridge Stonechurch may deduct the amount of any such loss or damage from any amounts payable by it to Laronde Forbes hereunder.

OPTIONOR'S REPRESENTATIONS. 1.1 Laronde represents The Optionors represent and warrants warrant to Mobridge Boss that: (a) Laronde is Collectively, the Optionors are the registered and beneficial owner owners of the Claim Claims and holds hold the right to explore and develop the ClaimClaims; (b) Laronde holds The Optionors hold the Claim Claims free and clear of all liens, charges and claims of others, and Laronde has the Optionors have a free and unimpeded right of access to the Claim Claims and has have use of the Claim Claims surface for the herein purposes; (c) The Claim has Claims have been duly and validly located and recorded in a good and miner-like manner pursuant to the laws of the Province of Ontario British Columbia and are in good standing in Ontario British Columbia as of the date of this Agreement; (d) There are no adverse claims or challenges against or to the Laronde's Optionors' ownership of or title to any of the Claim Claims nor to the knowledge of Laronde the Optionors is there any basis therefor, and there are no outstanding agreements or options to acquire or purchase the Claim Claims or any portion thereof; (e) Laronde has The Optionors have the full right, authority and capacity to enter into this Agreement without first obtaining the consent of any other person or body corporate and the consummation of the transaction herein contemplated will not conflict with or result in any breach of any covenants or agreements contained in, or constitute a default under, or result in the creation of any encumbrance under the provisions of any indenture, agreement or other instrument whatsoever to which Laronde either Optionor is a party or by which he is they are bound or to which he is they are subject; and (f) No proceedings are pending for, and Laronde each of the Optionors is unaware of any basis for, the institution of any proceedings which could lead to the placing of Laronde either Optionor in bankruptcy, or in any position similar to bankruptcy. 1.2 The representations and warranties of Laronde the Optionors set out in paragraph 1.1 above form a part of this Agreement and are conditions upon which Mobridge Boss has relied in entering into this Agreement and shall survive the acquisition of any interest in the Claim Claims by Mobridge Boss. 1.3 Laronde will indemnify Mobridge from all loss, damage, costs, actions and suits arising out of or in connection with any breach of any representation, warranty, covenant, agreement or condition made by Laronde and contained in this Agreement. 1.4 Laronde acknowledges and agrees that Mobridge has entered into this Agreement relying on the warranties and representations and other terms and conditions of this Agreement and that no information which is now known or which may hereafter become known to Mobridge shall limit or extinguish the right to indemnity hereunder, and, in addition to any other remedies it may pursue, Mobridge may deduct the amount of any such loss or damage from any amounts payable by it to Laronde hereunder.

OPTIONOR'S REPRESENTATIONS. 1.1 Laronde RAVEN represents and warrants to Mobridge TAMARACK that: (a) Laronde RAVEN is the registered and beneficial owner of the Claim Claims and holds the right to explore and develop the ClaimClaims; (b) Laronde RAVEN holds the Claim Claims free and clear of all liens, charges and claims of others, and Laronde the RAVEN has a free and unimpeded right of access to the Claim Claims and has have use of the Claim Claims surface for the herein purposes; (c) The Claim has Claims have been duly and validly located and recorded in a good and miner-like manner pursuant to the laws of the Province of Ontario and are in good standing in Ontario as of the date of this Agreement; (d) There are no adverse claims or challenges against or to the LarondeRAVEN's ownership of or title to any of the Claim Claims nor to the knowledge of Laronde RAVEN is there any basis therefor, and there are no outstanding agreements or options to acquire or purchase the Claim Claims or any portion thereof; (e) Laronde RAVEN has the full right, authority and capacity to enter into this Agreement without first obtaining the consent of any other person or body corporate and the consummation of the transaction herein contemplated will not conflict with or result in any breach of any covenants or agreements contained in, or constitute a default under, or result in the creation of any encumbrance under the provisions of any indenture, agreement or other instrument whatsoever to which Laronde RAVEN is a party or by which he it is bound or to which he it is subject; and (f) No proceedings are pending for, and Laronde RAVEN is unaware of any basis for, the institution of any proceedings which could lead to the placing of Laronde RAVEN in bankruptcy, or in any position similar to bankruptcy. 1.2 The representations and warranties of Laronde RAVEN set out in paragraph 1.1 above form a part of this Agreement and are conditions upon which Mobridge TAMARACK has relied in entering into this Agreement and shall survive the acquisition of any interest in the Claim Claims by Mobridge TAMARACK. 1.3 Laronde RAVEN will jointly indemnify Mobridge TAMARACK from all loss, damage, costs, actions and suits arising out of or in connection with any breach of any representation, warranty, covenant, agreement or condition made by Laronde RAVEN and contained in this Agreement. 1.4 Laronde RAVEN acknowledges and agrees that Mobridge TAMARACK has entered into this Agreement relying on the warranties and representations and other terms and conditions of this Agreement and that no information which is now known or which may hereafter become known to Mobridge TAMARACK shall limit or extinguish the right to indemnity hereunder, and, in addition to any other remedies it may pursue, Mobridge TAMARACK may deduct the amount of any such loss or damage from any amounts payable by it to Laronde RAVEN hereunder.