SHARE OPTION AGREEMENT Among ETNA RESOURCES INC. And ESCONDIDAS INTERNACIONAL S.A. de C.V And THE SHAREHOLDERS OF ESCONDIDAS INTERNACIONAL S.A. de C.V. dated December 18, 2009Share Option Agreement • October 27th, 2010 • Pan American Lithium Corp • Mining & quarrying of nonmetallic minerals (no fuels) • Arizona
ETNA RESOURCES INC., a company duly incorporated under the laws of British Columbia, and having an office at Suite 110 – 3040 N. Campbell Ave., Tucson, Arizona USA 85719
PAN AMERICAN LITHIUM CORP. 3040 N. Campbell Avenue, Suite 110 Tucson, Arizona, USA 85719Share Option Agreement • October 27th, 2010 • Pan American Lithium Corp • Mining & quarrying of nonmetallic minerals (no fuels)
Further to the Share Option Agreement (the “Option Agreement”) among Pan American Lithium Corp. (formerly Etna Resources Inc.), Escondidas International S.A. de C.V. (“Escondidas”) and the shareholders of Escondidas dated December 18, 2009, we hereby agree, for good and valuable consideration, the receipt of which is acknowledged by each party, to:
