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Settlement Agreement and Release

This Settlement Agreement and Release (the "Agreement") is made between Fidare
Consulting Group, LLC ("Fidare") and Rangeford Resources, Inc., A Nevada
Corporation ("Company"). Fidare entered into several agreements and projects
beginning in calendar year 2013 with the Company. Fidare abated its compensation
starting on April 1, 2015 but the Company seeks to recognize the services since
May 1, 2016. In consideration of the foregoing and the promises and the
covenants herein contained and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, Fidare and the Company
agree as follows:

1.The factual representations contained in the recital are incorporated herein
and are true and correct. 

2.The Company hereby represents and warrants that Fidare abated its compensation
starting April 1, 2015 but supported the Company after the new management team
was appointed starting in May 1, 2016. Based on Fidare providing consulting
services since May 1, 2016 on a $10,000 monthly compensation payable in company
stock based on the closing company stock price starting May 1, 2016, Fidare
would have issued 232,047 RGFR common shares through June 30, 2017 with a cost
basis of $140,000. See table below for monthly stock issuance calculations. 

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Rangeford Resources RGFR Stock Issuance Calculation

May 1, 2016 through June 30, 2017

rgfrex10z271a.jpg [rgfrex10z271.jpg] 

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     3. Fidare and Company hereby accepts the following settlement for all past
consulting contracts as follows:

 

a) Issuance of 232,047 company common shares representing past consulting
services since May 1, 2016 through June 30, 2017 calculated at $10,000 per month
payable in company stock at the monthly closing company stock price. Issued
company shares are restricted and subject to Rule 144.  

b)New Consulting Contract starting July 1, 2017. Compensation shall be $10,000
per month payable in company closing stock price. Issued company shares are
restricted and subject to Rule 144. See attached Consulting Contract.  

The parties agree and represent and warrant to the other that as of the
Effective Date and upon giving effect to this Agreement: (i) neither party owes
the other any money or property, for any reason, (ii) neither party has any
property, whether real, personal, tangible, intangible, intellectual, or
otherwise of the other, (iii) there are no other agreements whether written or
oral between the parties other than Fidare’s rights to indemnification under the
Agreement.

3.The parties recognize that there is a possibility there could develop
conflicts and disagreements; therefore in order to forestall any possibility of
any such conflicts and disagreements and ensure peace between Fidare and the
Company, the Company, and its officer, and as a part of this Agreement and a
condition to its execution and the transfer of the Radiant Interest, the parties
agree as follows: 

12.1 Company Release.

a.Released Party means Fidare and anyone or any entity acting through or on his
behalf, including without limitation any past, present, and future agents,
employees, shareholders, partners, members, managers, trustees, directors,
insurers, officers, heirs, administrators, executors, spouses, and attorneys; 

 

b.Claims means any and all claims or causes of action whatsoever, whether known
or unknown, asserted or unasserted, direct or derivative, and whether accrued or
unaccrued, including, but not limited to, any claims or causes of action arising
under contract, judgement, award, or any law, common or statutory, that provides
any sort of right, relief, recovery, benefit, claim, division, or partition that
can be the subject of a release, acquittal or discharge under applicable law,
and whether or not connected directly or indirectly in any way with the Released
Subject; 

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c.Released Subject means (A) actions, inactions, or omissions, whether directly
or indirectly by, or attributable to, the Released Party prior to, or in
connection with, the formation of the Company, or in any dealings through the
Effective Date with, or involving the Company or (B) facts, circumstances, or
conditions, whether or not now known as of the Effective Date, that after the
Effective Date may become known with the passage of time or notice or both, that
may form all or any part of the basis for a Claim; PROVIDED HOWEVER no release
is given with respect to the obligations of Released Party under the terms of
this Agreement. 

 

d.The Company for itself and anyone claiming through it or on its behalf,
IRREVOCABLY AND UNCONDITIONALLY RELEASES, ACQUITS AND FOREVER DISCHARGES
Released Party from all Claims involving the Released Subject. 

 

 

 

12.2 The Fidare Release

 

a.Released Party means Company and anyone or any entity acting through or on its
behalf, including without limitation any past, present, and future agents,
employees, shareholders, partners, members, managers, trustees, directors,
insurers, officers, heirs, administrators, executors, spouses, and attorneys; 

 

b.Claims means any and all claims or causes of action whatsoever, whether known
or unknown, asserted or unasserted, direct or derivative, and whether accrued or
unaccrued, including, but not limited to, any claims or causes of action arising
under contract, judgement, award, or any law, common or statutory, that provides
any sort of right, relief, recovery, benefit, claim, division, or partition that
can be the subject of a release, acquittal or discharge under applicable law,
and whether or not connected directly or indirectly in any way with the Released
Subject; 

 

c.Released Subject means (A) actions, inactions, or omissions, whether directly
or indirectly by, or attributable to, the Released Party in any dealings through
the Effective Date and (B) facts, circumstances, or conditions, whether or not
now known as of the Effective Date, that after the Effective Date may become
known with the passage of time or notice or both, that may form all or any part
of the basis for a Claim; PROVIDED HOWEVER no release is given with respect to
the obligations of Released Party under the terms of this Agreement. 

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d.The Fidare for itself and anyone claiming through it or on its behalf,
IRREVOCABLY AND UNCONDITIONALLY RELEASES, ACQUITS AND FOREVER DISCHARGES
Released Party from all Claims involving the Released Subject. 

4.This Agreement may be executed in any number of counterparts and by different
parties hereto in separate counterparts, each of which when so executed shall be
deemed to be an original and all of which when taken together shall constitute
one and the same Agreement. Delivery of any executed counterpart of a signature
page to this Agreement by facsimile shall be as effective as delivery of an
executed original counterpart of this Agreement. 

 

5.This Agreement may be delivered by facsimile or similar transmission, and a
facsimile or similar transmission evidencing execution shall be effective as a
valid and binding agreement between all the signatory parties for all purposes. 

 

IN WITNESS WHEREOF, the Fidare and Company hereby execute this Settlement
Agreement and Release effective as of the Effective Date.

 

 

FIDARE CONSULTING GROUP, LLC:

 

 

By: _____________________

Name: Harry McMillan

Title:    Managing Member

 

 

COMPANY:

 

Rangeford Resources, Inc.

 

 

By: ______________________

Name: Thomas E. Lindholm

Title: Chief Executive Officer

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