Common use of Owner Guarantor Clause in Contracts

Owner Guarantor. Owner Guarantor does hereby covenant and agree that it shall cause Owner to comply with all of its obligations under this Agreement. In such regard, Owner Guarantor unconditionally and irrevocably guarantees and agrees to jointly and severally liable with the Owner for, the due and punctual performance of all obligations, covenants and indemnities of the Owner arising under this Agreement, upon the terms and subject to the conditions of this Agreement. The liability of Owner Guarantor under this section will be for the full amount of the obligations without apportionment, limitation or restriction of any kind, will be continuing, absolute and unconditional and will not be affected by any applicable law, or any other act, delay, abstention or omission to act of any kind by the Royalty Holder or any other person, that might constitute a legal or equitable defence to or a discharge, limitation or reduction of Owner Guarantor's obligations under this section. The liability of Owner Guarantor under this section will not be released, discharged, limited or in any way affected by anything done, suffered, permitted or omitted to be done by the Royalty Holder or the Owner in connection with any duties, obligations or liabilities of the Owner or Owner Guarantor or to the Royalty Holder. The Royalty Holder will not be bound or obligated to exhaust its recourse against the Owner or other persons or take any other action before being entitled to demand payment from Owner Guarantor under this section. [Signatures on next page] The Parties have executed this Instrument to be effective as of the Royalty Date. DISTRICT METALS AB By:______________________________ Name:___________________________ Title:_____________________________ Date:_____________________________ VIAD ROYALTIES AB By:______________________________ Name:___________________________ Title:_____________________________ Date:_____________________________ EXHIBIT A DESCRIPTION OF LICENSES AND PROPERTIES AND AREA OF INTEREST (See attached) EXHIBIT D SHAREHOLDER RIGHTS AGREEMENT THIS AGREEMENT is made as of the 29th day of June, 2020 (the "Effective Date") BETWEEN: DISTRICT METALS CORP., a corporation existing under the laws of the Province of British Columbia, (the "Corporation"), EMX ROYALTY CORP. a corporation existing under the laws of a the Province of British Columbia, (the "Shareholder").

Owner Guarantor. Owner Guarantor does hereby covenant and agree that it shall cause Owner to comply with all of its obligations under this Agreement. In such regard, Owner Guarantor unconditionally and irrevocably guarantees and agrees to jointly and severally liable with the Owner for, the due and punctual performance of all obligations, covenants and indemnities of the Owner arising under this Agreement, upon the terms and subject to the conditions of this Agreement. The liability of Owner Guarantor under this section will be for the full amount of the obligations without apportionment, limitation or restriction of any kind, will be continuing, absolute and unconditional and will not be affected by any applicable law, or any other act, delay, abstention or omission to act of any kind by the Royalty Holder or any other person, that might constitute a legal or equitable defence to or a discharge, limitation or reduction of Owner Guarantor's obligations under this section. The liability of Owner Guarantor under this section will not be released, discharged, limited or in any way affected by anything done, suffered, permitted or omitted to be done by the Royalty Holder or the Owner in connection with any duties, obligations or liabilities of the Owner or Owner Guarantor or to the Royalty Holder. The Royalty Holder will not be bound or obligated to exhaust its recourse against the Owner or other persons or take any other action before being entitled to demand payment from Owner Guarantor under this section. [Signatures on next page] The Parties have executed this Instrument to be effective as of the Royalty Date. DISTRICT METALS AB By:______________________________ Name:___________________________ Title:_____________________________ Date:_____________________________ CORP VIAD ROYALTIES AB By:______________________________ : By: Name:___________________________ : Name: Title:_____________________________ : Title: Date:_____________________________ EXHIBIT A DESCRIPTION OF LICENSES AND PROPERTIES AND AREA OF INTEREST (See attached) : Date: [Add appropriate acknowledgments for recording purposes] EXHIBIT D SHAREHOLDER RIGHTS AGREEMENT THIS AGREEMENT is made as of the 29th ● day of JuneFebruary, 2020 (the "Effective Date") BETWEEN: DISTRICT METALS CORP., a corporation existing under the laws of the Province of British Columbia, (the Columbia,(the "Corporation"), EMX ROYALTY CORP. a corporation existing under the laws of a the Province of British Columbia, ● (the "Shareholder").

Owner Guarantor. Owner Guarantor does hereby covenant and agree that it shall cause Owner to comply with all of its obligations under this Agreement. In such regard, Owner Guarantor unconditionally and irrevocably guarantees and agrees to jointly and severally liable with the Owner for, the due and punctual performance of all obligations, covenants and indemnities of the Owner arising under this Agreement, upon the terms and subject to the conditions of this Agreement. The liability of Owner Guarantor under this section will be for the full amount of the obligations without apportionment, limitation or restriction of any kind, will be continuing, absolute and unconditional and will not be affected by any applicable law, or any other act, delay, abstention or omission to act of any kind by the Royalty Holder or any other person, that might constitute a legal or equitable defence to or a discharge, limitation or reduction of Owner Guarantor's obligations under this section. The liability of Owner Guarantor under this section will not be released, discharged, limited or in any way affected by anything done, suffered, permitted or omitted to be done by the Royalty Holder or the Owner in connection with any duties, obligations or liabilities of the Owner or Owner Guarantor or to the Royalty Holder. The Royalty Holder will not be bound or obligated to exhaust its recourse against the Owner or other persons or take any other action before being entitled to demand payment from Owner Guarantor under this section. [Signatures on next page] The Parties have executed this Instrument to be effective as of the Royalty Date. DISTRICT METALS AB VIAD ROYALTIES AB By:: _____________ /s/ Xxxxx X. Cole__________________ Name:: Xxxxx X. Xxxx By: ___ ___________/s/ Xxxxxxx Xxxxxxxxx ______________ Title:_____________________________ : President & CEO Name: Xxxxxxx Xxxxxxxxx Date:_____________________________ VIAD ROYALTIES AB By:______________________________ Name:___________________________ : June 27, 2020 Title:_____________________________ : President, CEO, Director Date:_____________________________ : June 27, 2020 EXHIBIT A DESCRIPTION OF LICENSES AND PROPERTIES AND AREA OF INTEREST (See attached) EXHIBIT D SHAREHOLDER RIGHTS AGREEMENT THIS AGREEMENT is made as of the 29th day of June, 2020 (the "Effective Date") BETWEEN: DISTRICT METALS CORP., a corporation existing under the laws of the Province of British Columbia, (the "Corporation"), EMX ROYALTY CORP. a corporation existing under the laws of a the Province of British Columbia, (the "Shareholder").