Filed by sedaredgar.com - Salamon Group, Inc. - Exhibit 10.8






DEBT SETTLEMENT AGREEMENT

THIS AGREEMENT is dated for reference the 15th day of
April, 2008.

BETWEEN:

SALAMON GROUP, INC., a company
incorporated under the laws of 
Nevada and having an office at 302 – 1028
Alberni Street, Vancouver, 
British Columbia V6E 1A3

(the “Company”)

OF THE FIRST PART

AND:

SPACE GLOBE TECHNOLOGIES LTD.,
a company incorporated 
under the laws of British Columbia and having an
office at 302 – 1028 
Alberni Street, Vancouver, British Columbia V6E 1A3

(the “Creditor”)

OF THE SECOND PART

WHEREAS:

A. The Company is indebted to the Creditor in the total amount
of US$31,460 (the “Debt”) as at December 31, 2007;

B. The Company wishes to settle the Debt by issuing to the
Creditor shares of common stock of the Company and the Creditor is prepared to
accept the shares in full satisfaction of the Debt.

NOW THEREFORE THIS AGREEMENT WITNESSES that, in
consideration of the premises and of the covenants and agreements set out in
this Agreement, the parties agree as follows:

1. ACKNOWLEDGMENT OF DEBT

The Company acknowledges and agrees that it is indebted to the
Creditor in the amount of the Debt.

2. ISSUANCE OF SHARES

2.1 The Company agrees to issue to the Creditor and the
Creditor agrees to accept 331,158 shares of common stock of the Company (the
“Shares”) at a deemed price of US$0.095 per Share as full and final
payment of the Debt.

2.2 The Company will deliver as soon as practicable to the
direction of the Creditor one or more share certificates representing the
Shares.

2.3 The Creditor agrees that the Debt will be fully satisfied
and extinguished when the Company delivers the Shares to the Creditor, and
subject only to the issuance of the Shares, the Creditor releases and forever
discharges the Company, its subsidiaries and their respective directors,
officers, and employees from and against any and all claims, actions,
obligations, and damages whatsoever which the Creditor may have against any of
them relating to the Debt. This release will be operative from and after the
date of completion 




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of the transaction contemplated by this Agreement and will be
effective without the delivery of any further release or other documents by the
Creditor to the Company.

3. REPRESENTATIONS OF CREDITOR

The Creditor represents, warrants and acknowledges to the
Company that:

	(a) 	
      the Debt constitutes the entire outstanding indebtedness
      of the Company to the Creditor as at December 31, 2007, including
      principal, interest to the date hereof and costs;

	 	 
	(b) 	
      the Creditor has not conveyed, transferred or assigned
      any portion of the Debt to any third party, and has full right, power and
      authority to enter into this Agreement and to accept the Shares in full
      and final satisfaction of the Debt;

	 	 
	(c) 	
      no third party has any right to payment of all or any
      portion of the Debt;

	 	 
	(d) 	
      the Creditor has no claims or potential claims against
      the Company on account of any matter whatsoever, other than the
    Debt;

	 	 
	(e) 	
      if the Creditor is a corporation or legal entity other
      than an individual, all necessary corporate or other action has been taken
      by the Creditor to approve this Agreement;

	 	 
	(f) 	
      the Company is relying on exemptions from registration
      and prospectus requirements of applicable securities laws in Canada and
      the United States to issue the Shares to the Creditor;

	 	 
	(g) 	
      the Creditor will be the beneficial owner of the
      Shares;

	 	 
	(h) 	
      the Creditor is not acquiring the Shares as a result of
      any material information that the Company has not generally disclosed to
      the public; and

	 	 
	(i) 	
      the Shares will be subject to resale restrictions as
      required by applicable securities law and the Creditor will seek its own
      independent legal advice regarding such resale restrictions imposed on the
      Shares.



The Company’s obligation to complete the transactions
contemplated hereby is subject to the foregoing representations and warranties
being true and correct at the date of this Agreement and at the time of closing.
Such representations and warranties will survive the closing of the transactions
contemplated hereby and will continue in full force and effect for the benefit
of the Company for a period of five years from the date of issuance of the
Shares to the Creditor. The Creditor will indemnify the Company from and against
any and all claims, damages, losses and costs arising from such representations
ad warranties being incorrect or breached.

4. GENERAL PROVISIONS

4.1 Time will be of the essence of this Agreement.

4.2 The Company and the Creditor will sign all other documents
and do all other things reasonably necessary to carry out this Agreement.

4.3 The provisions contained in this Agreement constitute the
entire agreement between the parties and supersede all previous understandings,
communications, representations, and agreements, whether written or 




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verbal, between the parties regarding the subject matter of
this Agreement.

4.4 This Agreement will be governed by and construed in
accordance with the laws of British Columbia. Each party irrevocably attorns to
the jurisdiction of the courts of British Columbia, Judicial District of
Vancouver, with respect to any legal proceedings arising from.

4.5 All dollar amounts referred to in this Agreement are
expressed in United States currency, unless otherwise indicated.

4.6 This Agreement will enure to the benefit of and be binding
on each of the parties and their respective heirs, executors, administrators,
successors, and assigns.

4.7 This Agreement may be signed in counterparts, both of which
will constitute one agreement.

4.8 This Agreement supersedes and replaces any prior agreements
between the parties concerning the subject matter hereof.

     IN WITNESS WHEREOF the parties
have signed this Agreement as of the date written on the first page of this
Agreement.

	SALAMON GROUP, INC. 	 
	Per: 	 
	  	 
	(signed) “John
      Salamon” 	 
	Authorized Signatory 	 
	  	 
	  	 
	SPACE GLOBE TECHNOLOGIES LTD. 	 
	Per: 	 
	  	 
	(signed) “John
      Salamon” 	 
	Authorized Signatory