July 15, 2011

July 15, 2011

NTR Metals, LLC

00000 Xxxxxxxxx Xxxxx

Dallas, Texas  75220

RE: Extension of Termination Date

This letter agreement (this “Letter Agreement”) evidences the mutual agreement between myself and NTR Metals, LLC, a Texas limited liability company (“NTR”) in accordance with Section 7 of that certain Option Exercise Agreement, dated June 10, 2011, by and between myself and NTR (the “Option Exercise Agreement”), to extend the Termination Date (as that term is defined in the Option Exercise Agreement) to August 15, 2011.

If this letter agreement is acceptable to you, please indicate your acceptance by executing the following page and returning to the undersigned a copy of this letter agreement

Very truly yours,

Xx. X.X. Xxxxx

cc:           I. Xxxxx Xxxxxxxx, Esq.

K&L Gates LLP

Accepted and agreed to this 15th day of July, 2011:

NTR Metals, LLC
By:
Name:	Xxxx X. Xxxxxx
Title:	President