ADDENDUM TO STOCK PURCHASE AGREEMENT
 
This ADDENDUM TO STOCK PURCHASE AGREEMENT (this “Addendum”) is dated as of
August 29, 2007, by and among Appalachian Oil Company, Inc., a Tennessee
corporation (the “Company”), the undersigned stockholders of the Company
(collectively, the “Sellers”), and Titan Global Holdings, Inc., a Utah
corporation (the “Buyer”).
 
WITNESSETH:
 
WHEREAS, the Buyer, the Company and the Sellers made and entered into a Stock
Purchase Agreement dated July 17, 2007 (the “Agreement”), pursuant to which
Buyer has agreed to purchase, and Sellers have agreed to sell, all of the issued
and outstanding capital stock of the Company, on the terms and conditions set
forth in the Agreement; and
 
WHEREAS, the Buyer, the Company and the Sellers have entered into Addenda to the
Agreement on July 17, 2007 and on July 24, 2007;
 
WHEREAS, the parties wish to further amend the Agreement as set forth below.
 
NOW, THEREFORE, for and in consideration of the foregoing recitals, and other
good and valuable consideration, the receipt and legal sufficiency of which are
hereby acknowledged, the parties agree as follows:
 
1. Section 2.3 of the Agreement, as amended, is hereby amended by deleting from
clause (a) thereof “September 4, 2007” and inserting in its place “September 12,
2007.”
 
2. As amended hereby, the Agreement shall remain in full force and effect.
 
[Signatures are on the next page.]
 

--------------------------------------------------------------------------------

IN WITNESS WHEREOF, this Addendum has been executed as of the date first above
written.
 

        BUYER:       TITAN GLOBAL HOLDINGS, INC.  
   
   
  By:   /s/ Bryan M. Chance   

--------------------------------------------------------------------------------

Name: Bryan M. Chance    Title: President and Chief Executive Officer 

 

        THE COMPANY:       APPALACHIAN OIL COMPANY, INC.  
   
   
  By:   /s/ Jeffrey H. Benedict   

--------------------------------------------------------------------------------

Name: Jeffrey H. Benedict    Title: President 

 

        SELLERS:       /s/Jeffrey H. Benedict   

--------------------------------------------------------------------------------

JEFFREY H. BENEDICT

 

      /s/ Sara G. MacLean   

--------------------------------------------------------------------------------

SARA G. MACLEAN
(by Jeffrey H. Benedict under Power of Attorney
dated 7-11-07)

 

       
THE LINDA R. MACLEAN
IRREVOCABLE TRUST
        By:   /s/ Sara G. MacLean   

--------------------------------------------------------------------------------

Sara G. MacLean, Trustee
(by Jeffrey H. Benedict under Power of Attorney
dated 7-11-07)

 

       
THE JAMES R. MACLEAN
REVOCABLE TRUST OF 2005
        By:  /s/ James R. MacLean  

--------------------------------------------------------------------------------

James R. MacLean, Trustee