0001144204-09-003664 Sample Contracts

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AMENDMENT TO EXPLORATION AND OPTION TO PURCHASE AGREEMENT Date November 19, 2008
Exploration and Option to Purchase Agreement • January 27th, 2009 • North American Minerals Group Inc

Pursuant to Article 3 “Option to Acquire the Property” and in item 3.2 or such agreement NAMG is obligated to Exploration Expenditures of CDN$100,000 on the First, Second and Third year anniversary’s effective as of the date of the agreement.

Form of Subscription Agreement
Subscription Agreement • January 27th, 2009 • North American Minerals Group Inc
EXPLORATION AND OPTION TO PURCHASE AGREEMENT
Exploration and Option to Purchase Agreement • January 27th, 2009 • North American Minerals Group Inc • Alberta

THIS EXPLORATION AND OPTION TO PURCHASE AGREEMENT (“Agreement”) effective as of August 21, 2007 (“Effective Date”), is by and between NORTH AMERICAN MINERALS GROUP INC., a British Columbia corporation (“NAMG”), and ICE RESOURCES INC., an Alberta corporation (“ICE”).

ASSET TRANSFER AGREEMENT
Asset Transfer Agreement • January 27th, 2009 • North American Minerals Group Inc • British Columbia

WHEREAS Transferor is a party to purchase agreement (the “Purchase Agreement”) with Amihay Lapid (“Amihay”), Yonatin Lapid (“Yonatin”) and Yosi Lapid (“Yosi”), individuals residing in the City of Calgary in the Province of Alberta, dated August 31, 2006, pursuant to which Amihay, Yonatin and Yosi sold to Transferor the Assets (as hereinafter defined);

NORTH AMERICAN MINERALS GROUP INC. COMMON STOCK PURCHASE WARRANT
Common Stock Purchase Warrant • January 27th, 2009 • North American Minerals Group Inc

THIS CERTIFIES THAT, for value received, _______________________________________ is the registered holder of a Warrant or Warrants expiring , 2011 (the “Warrant”) to purchase __________ fully paid and non-assessable Common Share(s), no par value per share, subject to adjustment (the “Warrant Shares”) of North American Minerals Group Inc., an Alberta, Canada corporation (the “Company”), as evidenced by this Warrant Certificate.

ASSET TRANSFER AGREEMENT
Asset Transfer Agreement • January 27th, 2009 • North American Minerals Group Inc • British Columbia

WHEREAS Amihay, Yonatin and Yosi (collectively, “Transferors”) are parties to a purchase agreement (the “Purchase Agreement”) with Ernest D. Black, an individual residing in the City of Blaine in the State of Washington (“Black”) dated August 22, 2006, pursuant to which Black sold the Assets (as hereinafter defined) to the Transferors;

MINING DEED WITH SPECIAL WARRANTY, RESERVATION OF ROYALTY, AND OPTION TO PURCHASE ROYALTY
North American Minerals Group Inc • January 27th, 2009

THIS MINING DEED (“Deed”) is made and entered into this 5th day of September, 2006, by Ernest D. Black, with an address of 96 Poplar View Street, Blaine, Washington 98230 (“Seller”), and American Mining Corp., Inc., a Delaware corporation, with an address of 2627 Redwing Road, Suite 360-A, Fort Collins, Colorado 80526 (“Buyer”).

CONSULTING SERVICES AGREEMENT
Consulting Services Agreement • January 27th, 2009 • North American Minerals Group Inc • Alberta

NOW THEREFORE in consideration of the premises, of the mutual commitments evidenced herein, and for other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows:

THIS AGREEMENT made effective this 4th day of December, 2007 BETWEEN: North American Minerals Group Inc. (Hereinafter the “Corporation”) OF THE FIRST PART -and- Peter Leger (Hereinafter the “Peter”) OF THE SECOND PART
Agreement • January 27th, 2009 • North American Minerals Group Inc • Alberta

WHEREAS Peter has performed certain services for the Corporation from April 1, 2007 to December 4, 2007 including, without limitation, property acquisition, consulting services related to financings, public company dealings, projects and general company business (collectively, the “Services”).

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