0001683168-20-002918 Sample Contracts

TWELFTH ALLONGE AND MODIFICATION AGREEMENT
Twelfth Allonge and Modification Agreement • August 31st, 2020 • Athena Silver Corp • Malt beverages • Delaware

This TWELFTH ALLONGE AND MODIFICATION AGREEMENT ("Modification") effective on the 30th day of June, 2020 (the “Effective Date”), by and among JOHN D. GIBBS ("Lender"); and ATHENA SILVER CORPORATION, a Delaware corporation ("Borrower");

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ATHENA SILVER CORPORATION
Athena Silver • August 31st, 2020 • Athena Silver Corp • Malt beverages • British Columbia

This letter of intent (“LOI”) sets out the principal commercial and contractual terms and principles of the agreement between Nubian Resources Ltd. (the “Vendor”) and Athena Silver Corporation (“Athena”) whereby Athena will acquire an option to purchase from the Vendor 100% of the Excelsior Springs Exploration Project located in Esmeralda County, Nevada, USA, which is made up of the mineral tenures, interests and permits listed in Schedule A (the “Property”), but subject to the royalties listed in Schedule A, and all data, maps, information, reports, drill core and samples from or relating to the Property in whatever form (collectively, the "Property Data").

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