Verbal Agreements of; Edgemont Resources Corp. All amounts are in U.S. dollars
Verbal
Agreements of;
All
amounts are in U.S. dollars
Xxxx
xxx Xxxxxxxxx, Geologist
0000
Xxxxx Xxxx
Mission,
B.C., V2V 7N1 Canada
A
verbal
agreement with our consulting geologist, Xx. Xxxx xxx Xxxxxxxxx, provides that
he will review all of the results from the exploratory work performed upon
the
site and make recommendations based on those results in exchange for payments
equal to the usual and customary rates received by geologists performing similar
consulting services. The rates charged by geologists with a professional
background consistent Xx. xxx Xxxxxxxxx range from between $300 to $500 per
day
plus travel costs and other out-of-pocket disbursements. We paid our consulting
geologist approximately $1,300 for the preparation of the initial Geological
Report. Xx. xxx Xxxxxxxxx has advised us that the cost of his report upon the
completion of our second year exploration program will be approximately the
same
amount.
Xxxxxx
Xxxxxx, CA
000
-
0000 Xxxxxxxxxxxx Xxxxxx
North
Vancouver, B.C., V7M 2N7 Canada
We
have a
verbal agreement with our accountant to perform requested financial accounting
services. Xx. Xxxxxx’x fees are $83.00 per hour, plus disbursements, if
any.
Xxxxxx
& Co., Auditors
0000
-
000 Xxxx Xxxxxxx Xxxxxx
Vancouver,
B.C., V7Y 1A1 Canada
We
have a
verbal agreement with auditors to perform audit functions at their respective
normal and customary rates. We expect the annual cost of our audit plus the
review of our quarterly reports to cost approximately $5,000.00
Evanston
Management Ltd.
000
-
0000 Xxxx 00xx
Xxxxxx
Vancouver,
B.C., V6R 3B7 Canada
We
have a
verbal agreement with Evanston Management Corp. to provide us with office space,
telephone answering and secretarial services on a month to month basis at a
rate
of $1,300 per month.
Mr.
Xxxxxxx Xxxxx
000
-
0000 Xxxxxxxx Xxxxxx
Vancouver,
B.C., V6E 4N2, Canada
We
have a
verbal agreement with Mr. Xxxxxxx Xxxxx to provide us with technical computer
support services at a cost to us not to exceed $500 per month plus third party
disbursements, if any, paid by Xx. Xxxxx on behalf of the company.