MEMORANDUM OF UNDERSTANDING BETWEEN Minera Polymet Limitada AND David Marcus MitchellRed Metal Resources, Ltd. • June 4th, 2014 • Metal mining
MINERA POLYMET LIMITADA, a mining company, hereinafter also “Polymet” or the “Beneficiary” and on the other, DAVID MARCUS MITCHELL, Canadian, businessman hereinafter also the “Proprietor” and all the aforementioned jointly referred to as the “Parties” and individually as a “Party”, have agreed upon the following Memorandum of Understanding (the “MOU”):
