Earn-in and Acquisition Agreement Sample Contracts

Ansell Capital Corp. 3rd Floor, Bellevue Centre 235-15th Street West Vancouver, BC V7T 2X1
Earn-in and Acquisition Agreement • October 14th, 2010 • Guinness Exploration, Inc • Miscellaneous metal ores

This Letter of Intent will form the basis for and set out the terms and conditions pursuant to which Ansell Capital Corp. (“Ansell”) will receive the right to acquire from Eagle Trail Properties Inc. or its shareholders and designees in a tax structure that remains to be established (“Eagle Trail”) and Guinness Exploration, Inc. (“Guinness”) up to an 85% undivided interest in and to the Mt. Nansen Property (the “Property”) as herein more particularly described in Schedule “A” in staged increments.

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