Quartz Mountain Resources LTD Sample Contracts

SERVICES AGREEMENT
Services Agreement • October 28th, 2010 • Quartz Mountain Resources LTD • Gold and silver ores • British Columbia
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GEOLOGICAL, MANAGEMENT AND ADMINISTRATION SERVICES AGREEMENT
Management and Administration Services Agreement • January 31st, 2005 • Quartz Mountain Resources LTD • Gold and silver ores • British Columbia

HUNTER DICKINSON INC., a company incorporated under the federal laws of Canada having a registered office at Suite 1500, 1055 West Georgia Street, Vancouver, British Columbia, V6E 4N7

SALE AGREEMENT
Sale Agreement • November 30th, 2012 • Quartz Mountain Resources LTD • Gold and silver ores • British Columbia
Dear Sirs/Mesdames: RE: Amendment To Letter Agreement: Galaxie and ZNT Projects – Joint Venture
Letter Agreement • November 29th, 2013 • Quartz Mountain Resources LTD • Gold and silver ores

We refer to the letter agreement dated November 1, 2012 the (“Letter Agreement”) between Amarc Resources Ltd (“Amarc”) and Quartz Mountain Resources Ltd. (“Quartz”) pursuant to which Amarc and Quartz have established the Galaxie/ZNT Joint Venture under which Amarc currently holds a 40% Ownership Interest and Quartz holds a 60% Ownership Interest in the Joint Venture following the completion by Amarc of the funding obligations described in Section 6 of the Letter Agreement.

QUARTZ MOUNTAIN COMPLETES PURCHASE OF BC MINERAL PROJECT
Quartz Mountain Resources LTD • July 7th, 2021 • Gold and silver ores

July 7, 2021 Vancouver, BC - Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM: OTCBB: QZMRF) has completed the acquisition transaction announced on June 10, 2021. Under a mineral claims purchase agreement (the “Agreement”) dated June 8, 2021 between the Company and Impala Capital Corp. (the “Vendor”), the Company will acquire a 100% interest in nine mineral claims located near Houston, British Columbia (the “Property”). Under the terms of the Agreement, the Company acquired a 100% interest in the Property by making $105,000 in cash payments and issuing 1,000,000 shares to the Vendor, which are subject to a 4 month resale restricted period. The Property is subject to a pre-existing 2.5% net smelter returns royalty held by an unrelated arm’s length third party, of which 1.5% can be purchased for $1.5 million.

Contract
Quartz Mountain Resources LTD • November 30th, 2012 • Gold and silver ores

THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE PROVISIONS OF A MINERAL PROPERTY PURCHASE AGREEMENT ENTERED INTO BY FINSBURY EXPLORATION LTD. AND BEARCLAW CAPITAL CORP. ON OCTOBER 4, 2011, AS AMENDED FROM TIME TO TIME, (THE “PURCHASE AGREEMENT”) AND SUCH SECURITIES ARE NOT TRANSFERABLE ON THE BOOKS OF QUARTZ MOUNTAIN RESOURCES LTD. EXCEPT IN ACCORDANCE AND COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS CERTIFICATE AND OF THE PURCHASE AGREEMENT.

Dear Sirs/Mesdames: RE: Letter Agreement: Galaxie and ZNT Projects – Proposed Joint Venture
Definitive Agreement • November 30th, 2012 • Quartz Mountain Resources LTD • Gold and silver ores • British Columbia

Following our recent discussions, we are pleased to present in this letter agreement (this “Letter Agreement”) the terms and conditions upon which Amarc Resources Ltd. or its nominated affiliate (“Amarc”) will agree to enter into an unincorporated joint venture (the “Joint Venture”) with Quartz Mountain Resources Ltd. (“Quartz”) with respect to the Galaxie Project (the “Galaxie Project”) and the ZNT Project (the “ZNT Project”), each located in the Province of British Columbia as more fully described in Schedule A hereto (the Galaxie Project and the ZNT Project, collectively, the “Projects”).

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