UNILATERAL PURCHASE OPTION CONTRACT FOR MINING PROPERTIES MINERA POLYMET LIMITADA TO GEOACTIVA SPAUnilateral Purchase Option Contract • May 6th, 2013 • Red Metal Resources, Ltd. • Metal mining
Contract Type FiledMay 6th, 2013 Company IndustryAppearing in SANTIAGO DE CHILE, on April 30, 2013 are: as one party, GEOACTIVA SPA, a mining company, RUT No.76.158.615-7, represented by Juan Paulo Bambach Salvatore, Chilean, lawyer, married, national identity card No.7.010.465-2, and Nicolás Noguera Correa, Chilean, married, commercial engineer, national identity card No. 13.471.180-9, both domiciled at 5335 Avenida Presidente Riesco, 21st floor, office 2104, Las Condes, hereinafter “Geoactiva” or “the Beneficiary”; and as the other party, MINERA POLYMET LIMITADA, a legal entity as named, RUT No. 76.975.260-9, represented by Kevin Mitchell, Canadian, married, businessman, national identity card No. 14.498.971-1, both domiciled at 3260 Baldomero Lillo, Vallenar, non-resident in this city, hereinafter the “Owner”; and all of the above shall be referred to as the “Parties”. The appearing parties are of legal age and have verified their identities with the aforementioned identity cards and declare: