AGENCY AGREEMENTAgency Agreement • January 25th, 2005 • Quincy Gold Corp. • Mining & quarrying of nonmetallic minerals (no fuels) • Ontario
Reference is made to a letter agreement dated November 8, 2004 (the "Letter Agreement") between Quincy Gold Corp. (the "Corporation") and Kingsdale Capital Partners Inc. (the "Agent"). The Corporation hereby appoints the Agent, and the Agent hereby agrees to act, as agent on a best efforts agency basis to raise gross proceeds of a minimum of Cdn$1,000,000 (unless waived by the Corporation in writing at its sole and unfettered discretion) and up to a maximum of Cdn$4,000,000 for the Corporation through the sale of units ("Units") at a price of $0.45 per Unit. Each Unit shall consist of one share in the capital stock of the Corporation (a "Common Share") and one-half of one Common Share purchase warrant. Each whole warrant (a "Warrant") is exercisable at any time until that date which is 18 months following the Closing Date (as defined herein) for one Common Share at an exercise price of $0.65 per share. The offering of the Units by the Corporation is hereinafter referred to as the "Offe
November 5, 2004 CLAN RESOURCES LTD. Suite 1500 -- 885 W. Georgia Street Vancouver, British Columbia Canada V6C 3E8 Attention: Jim Watt, President and Chief Executive Officer Dear Sirs, Re: Option Agreement - Arizona Strip Breccia PipesQuincy Gold Corp. • January 25th, 2005 • Mining & quarrying of nonmetallic minerals (no fuels)
This letter agreement (the “Agreement”) sets forth the terms and conditions under which Quincy Gold Corp. (“Quincy”, “we” or “us”) has been granted an option (the “Option”) by Clan Resources Ltd. (“Clan” or “you”) to acquire a 50% interest in each of the eight natural resource properties located in Arizona as more particularly described in Schedule “A” attached hereto (collectively the “Properties”).
OPTION AGREEMENTOption Agreement • January 25th, 2005 • Quincy Gold Corp. • Mining & quarrying of nonmetallic minerals (no fuels) • Wyoming
BALD MOUNTAIN MINING CO., a corporation incorporated under the laws of the State of South Dakota and having an office for business located at 330 South Summit, Newcastle, WY 82701
