LOAN AGREEMENT May 13, 2024Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Fairtide Ventures (the “Lender”) of 278 Bay St Suite 102, Thunder Bay, Ontario P7B 1R8, advanced total of US$5,040(the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4. At the request of the Borrower, the funds were wired to the Borrower’s wholly-owned subsidiary, Minera Polymet SpA, with an address at 3260 Baldomero Lillo, Vallenar, Chile.
LOAN AGREEMENT April 19, 2024Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Fairtide Ventures (the “Lender”) of 278 Bay St Suite 102, Thunder Bay, Ontario P7B 1R8, advanced total of US$25,040(the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4. At the request of the Borrower, the funds were wired to the Borrower’s wholly-owned subsidiary, Minera Polymet SpA, with an address at 3260 Baldomero Lillo, Vallenar, Chile.
LOAN AGREEMENT January 31, 2024Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Whereas as at January 31, 2024, Caitlin Jeffs (the “Lender”) of 48 Peter Street, Thunder Bay, Ontario P7A 5H3, has advanced to Red Metal Resources Ltd. (the “Borrower”) a total of CAD$679,309.27 and US$204,881.92 under loan agreements and in exchange for unsecured notes payable that carry interest at 8% per year compounded monthly (the “Interest”) and payable on demand, as listed in the attached Schedule “A”; and
LOAN AGREEMENT January 31, 2024Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Whereas as at January 31, 2024, Fairtide Ventures (the “Lender”) of 278 Bay St Suite 102, Thunder Bay, Ontario P7B 1R8, has advanced to Red Metal Resources Ltd. (the “Borrower”) a total of CAD$199,000 and US$80,093.93 under loan agreements and in exchange for unsecured notes payable that carry interest at 8% per year compounded monthly (the “Interest”) and payable on demand, as listed in the attached Schedule “A”; and
LOAN AGREEMENT January 31, 2024Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Whereas as at January 31, 2024, Joao (John) da Costa (the “Lender”) of 1130 Pender Street, West, Suite 820, Vancouver, BC V6E 4A4, has advanced to Red Metal Resources Ltd. (the “Borrower”) a total of US$8,500 under a loan agreement and in exchange for unsecured note payable carrying interest at 8% per year compounded monthly (the “Interest”) and payable on demand, as listed in the attached Schedule “A”; and
LOAN AGREEMENT March 1, 2024Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Fairtide Ventures (the “Lender”) of 278 Bay St Suite 102, Thunder Bay, Ontario P7B 1R8, advanced total of US$10,040(the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4. At the request of the Borrower, the funds were wired to the Borrower’s wholly-owned subsidiary, Minera Polymet SpA, with an address at 3260 Baldomero Lillo, Vallenar, Chile.
LOAN AGREEMENT (Amendment #1) November 1, 2023Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Whereas Caitlin L. Jeffs of 48 Peter Street, Thunder Bay, Ontario P7A 5H3, notified Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4 of an administrative error regarding the CAD$175,000 loan agreement and the note payable dated February 16, 2022, and attached to this amended loan agreement as an exhibit “A” (the “Initial Loan Agreement”);
LOAN AGREEMENT September 18, 2023Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Fairtide Ventures (the “Lender”) of 278 Bay St Suite 102, Thunder Bay, Ontario P7B 1R8, advanced total of CAD$6,000 (the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4.
LOAN AGREEMENT January 31, 2024Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Whereas as at January 31, 2024, Richard Jeffs (the “Lender”) of 11750 Fairtide Road, Ladysmith, BC V9G 1K5, has advanced to Red Metal Resources Ltd. (the “Borrower”) a total of CAD$300,000 and US$144,902 under loan agreements and in exchange for unsecured notes payable that carry interest at 8% per year compounded monthly (the “Interest”) and payable on demand, as listed in the attached Schedule “A”; and
LOAN AGREEMENT December 20, 2023Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Fairtide Ventures (the “Lender”) of 278 Bay St Suite 102, Thunder Bay, Ontario P7B 1R8, advanced total of US$15,000(the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4. At the request of the Borrower, the funds were wired to the Borrower’s wholly-owned subsidiary, Minera Polymet SpA, with an address at 3260 Baldomero Lillo, Vallenar, Chile.
LOAN AGREEMENT November 14, 2023Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Fairtide Ventures (the “Lender”) of 278 Bay St Suite 102, Thunder Bay, Ontario P7B 1R8, advanced total of CAD$6,000 (the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4.
LOAN AGREEMENT October 6, 2023Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Fairtide Ventures (the “Lender”) of 278 Bay St Suite 102, Thunder Bay, Ontario P7B 1R8, advanced total of US$15,028(the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4. At the request of the Borrower, the funds were wired to the Borrower’s wholly-owned subsidiary, Minera Polymet SpA, with an address at 3260 Baldomero Lillo, Vallenar, Chile.
LOAN AGREEMENT April 8, 2024Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Caitlin L. Jeffs (the “Lender”) of 48 Peter Street, Thunder Bay, Ontario P7A 5H3, advanced total of CAD$40,032.51 (the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4. The advance was made in the form of a credit card payment made directly to the Borrower’s vendor, Computershare, as partial payment of the amount owing.
LOAN AGREEMENT October 26, 2023Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Fairtide Ventures (the “Lender”) of 278 Bay St Suite 102, Thunder Bay, Ontario P7B 1R8, advanced total of CAD$6,000 (the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4.
LOAN AGREEMENT July 14, 2023Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Fairtide Ventures (the “Lender”) of 278 Bay St Suite 102, Thunder Bay, Ontario P7B 1R8, advanced total of US$15,037.93 (the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4. At the request of the Borrower, the funds were wired to the Borrower’s wholly-owned subsidiary, Minera Polymet SpA, with an address at 3260 Baldomero Lillo, Vallenar, Chile.
DEBT RESTRUCTURING AGREEMENTDebt Restructuring Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining • British Columbia
This debt restructuring agreement (this “Agreement”) is entered into as of the 9th day of May, 2024 (the “Effective Date”), among Red Metal Resources Ltd. (“Red Metal” or the “Company”), Caitlin L. Jeffs (“Caitlin”), Richard N. Jeffs (“Richard”), Fairtide Ventures Limited (“Fairtide”) and Joao da Costa (“Joao”, and together with Caitlin, Richard and Fairtide, the “Note Holders”).
LOAN AGREEMENT June 14, 2023Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Fairtide Ventures (the “Lender”) of 278 Bay St Suite 102, Thunder Bay, Ontario P7B 1R8, advanced total of US$35,028 (the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4. At the request of the Borrower, the funds were wired to the Borrower’s wholly-owned subsidiary, Minera Polymet SpA, with an address at 3260 Baldomero Lillo, Vallenar, Chile.
LOAN AGREEMENT April 4, 2024Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Fairtide Ventures (the “Lender”) of 278 Bay St Suite 102, Thunder Bay, Ontario P7B 1R8, advanced total of US$5,040(the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4. At the request of the Borrower, the funds were wired to the Borrower’s wholly-owned subsidiary, Minera Polymet SpA, with an address at 3260 Baldomero Lillo, Vallenar, Chile.
LOAN AGREEMENT June 29, 2023Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Caitlin L. Jeffs (the “Lender”) of 48 Peter Street, Thunder Bay, Ontario P7A 5H3, advanced total of CAD$3,000 (the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4.
LOAN AGREEMENT January 25, 2024Loan Agreement • May 30th, 2024 • Red Metal Resources, Ltd. • Metal mining
Caitlin L. Jeffs (the “Lender”) of 48 Peter Street, Thunder Bay, Ontario P7A 5H3, advanced total of CAD$10,000 (the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 1130 Pender Street, West, Unit 820, Vancouver, BC V6E 4A4. The advance was made in the form of a credit card payment made directly to the Borrower’s vendor, Computershare, as partial payment of the amount owing.
