SALE AGREEMENTSale Agreement • November 30th, 2012 • Quartz Mountain Resources LTD • Gold and silver ores • British Columbia
ContractQuartz Mountain Resources LTD • November 30th, 2012 • Gold and silver ores
THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE PROVISIONS OF A MINERAL PROPERTY PURCHASE AGREEMENT ENTERED INTO BY FINSBURY EXPLORATION LTD. AND BEARCLAW CAPITAL CORP. ON OCTOBER 4, 2011, AS AMENDED FROM TIME TO TIME, (THE “PURCHASE AGREEMENT”) AND SUCH SECURITIES ARE NOT TRANSFERABLE ON THE BOOKS OF QUARTZ MOUNTAIN RESOURCES LTD. EXCEPT IN ACCORDANCE AND COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS CERTIFICATE AND OF THE PURCHASE AGREEMENT.
Dear Sirs/Mesdames: RE: Letter Agreement: Galaxie and ZNT Projects – Proposed Joint VentureDefinitive Agreement • November 30th, 2012 • Quartz Mountain Resources LTD • Gold and silver ores • British Columbia
Following our recent discussions, we are pleased to present in this letter agreement (this “Letter Agreement”) the terms and conditions upon which Amarc Resources Ltd. or its nominated affiliate (“Amarc”) will agree to enter into an unincorporated joint venture (the “Joint Venture”) with Quartz Mountain Resources Ltd. (“Quartz”) with respect to the Galaxie Project (the “Galaxie Project”) and the ZNT Project (the “ZNT Project”), each located in the Province of British Columbia as more fully described in Schedule A hereto (the Galaxie Project and the ZNT Project, collectively, the “Projects”).
