Exhibit 10.1
Letter and Trust Agreement
February 4, 0000
Xxxx Xxx Resources Inc.
#000-0000 Xxxx Xxxxxx
Xxxxxxxxx, XX X0X 0X0
Dear Sirs:
RE: Emmy Mineral Claim
Pursuant to this Letter and Trust Agreement between Deer Bay Resources Inc.
and Teuton Resources Corp. dated February 4, 2010, Teuton Resources Corp., the
owner of the claims, will hold in trust for Deer Bay Resources Inc., a 100%
undivided interest in the subject claim under the terms of the agreement:
Number of Date of
Tenure No. Document Description Hectares Expiration
---------- -------------------- -------- ----------
705501 Emmy 418 February 4, 2011
Teuton Resources Corp acknowledges receipt of Cnd$500 as consideration for
entering into this Letter and Trust Agreement. Teuton Resources Corp. will
deliver full title on demand to Deer Bay Resources Inc. when Deer Bay Resources
Inc. demands.
Yours truly,
/s/ Xxxx Xxxxxxxxx
-----------------------------
Xxxx Xxxxxxxxx, President
Teuton Resources Corp.
