All American Gold Corp.: Exhibit 10.1 - Filed by newsfilecorp.com






January 13, 2012

Strictly Private & Confidential 

All American Gold Corp 

Attention: Mr. Brent Welke 

Dear Mr. Welke:

Re: Provision of Consultant Services

The purpose of this letter agreement (the “Agreement”) is to
confirm the terms under which Parkside Communications Inc. (the “Service
Provider”) will provide consultant services to All American Gold Corp (the
“Company”). This letter constitutes an agreement which shall be binding on all
parties. The terms are as follows:

	 	1. 	
      Term. The initial engagement of the Service
      Provider shall commence on February 1, 2012 through March 31, 2012.
      The Agreement may be renewed upon agreement of both parties for subsequent
      terms to be mutually determined. Upon termination the Service Provider
      will return to the Company all documents, electronic storage devices and
      any other property or matter belonging to the Company and will strictly
      comply with confidentiality provisions hereof.

	 	 	 
	 	2. 	
      Services. Services will
include:




	 	
      i. 
	
      Setting up and managing investor relations phone
    line;

	 	
       
	 
	 	
      ii. 
	
      Establishing and maintaining a relationship between the
      company and existing shareholders;

	 	
       
	 
	 	
      iii. 
	
      Introducing new investors and maintaining
      relationships;

	 	
       
	 
	 	
      iv. 
	
      Making introductions with, and maintaining relations
      with, key persons having any relationship to the Company and its
      operations;

	 	
       
	 
	 	
      v. 
	
      Drafting, editing and distribution of Company news
      announcements, filings and other corporate information;

	 	
       
	 
	 	
      vi. 
	
      Update and manage corporate website copy.

	 	
       
	 
	 		
      Additional services outside of the services listed above,
      such as creation of marketing materials, DTC/NOBO list management, mass
      mail programs, website design and programming, social media marketing,
      trade show management and booth design, and other requested activities
      will be billed on a per-project basis.







Payment. In exchange for the provision of the Services,
the Company shall pay the Service Provider during the Term a monthly retainer of
US$2,500 (the “Compensation”) starting on February 1, 2012, and due on the
1st of each month thereafter. The Company is responsible for payment
of invoices at the end of the month for ancillary services on the company’s
behalf that are greater than a total of $200. Any travel on the Company’s behalf
exceeding a 100 mile radius of the Service Provider, as discussed prior to
booking, shall be reimbursed by the Company.

	 	3. 	
      Confidentiality. In accepting the engagement of
      the Service Provider by the Company, the Service Provider agrees to execute and deliver a
      confidentiality and non-disclosure agreement to the company in the
      form used by the company, once a copy of which has been provided to the
    Service Provider.

	 	 	 
	 	4. 	
      Additional Provisions.





	 	(a) 	
      This Agreement constitutes the entire agreement between
      the parties hereto and supersedes every previous agreement, expectation,
      negotiation, representation or understanding, whether oral or written,
      express or implied, statutory or otherwise, between the parties which
      respect to the subject matter of this Agreement.

	 	 	 
	 	(b) 	
      This Agreement may not be assigned by either party except
      with the prior written consent of the other party.

	 	 	 
	 	(c) 	
      The parties hereto warrant each to the other to conduct
      their duties and obligations hereof in good faith and with the due
      diligence and to employ all reasonable endeavors to fully comply with and
      conduct the terms and conditions of this Agreement.

	 	 	 
	 	(d) 	
      The parties will from time to time after the execution of
      this Agreement make, do execute or cause or permit to be made, done or
      executed, all such further and other acts, deeds, things, devices and
      assurances in law whatsoever as may be required to carry out the true
      intention and to give full force and effect to this Agreement.

	 	 	 
	 	(e) 	
      For all purposes this Agreement will be governed
      exclusively by, construed and enforced in accordance with the laws
      prevailing in the State of New York and the federal laws of America
      applicable therein. This Agreement shall be exclusively litigated in the
      State of New York unless the Parties voluntarily consent otherwise in
      writing.

	 	 	 
	 	(f) 	
      No consent or waiver expressed or implied by either party
      in respect of any breach or default by the other in the performance by
      such other of its obligations hereunder be valid unless it is in writing,
      be relied upon as a consent to or waiver of any other breach or default or
      constitute a general waiver under this
Agreement.







To confirm acceptance of these terms please sign the copy of
this letter provided to you and return it to Parkside. Your signature will
indicate that you agree to be bound by the terms set out above.

Yours Truly,

	Parkside Communications Inc. 	  
	 	 
	/s/      “Dimitra Kalapakis” 	  
	 	 
	Per: _________________________	Date: January 18,
      2012              
      
	 	 
	Parkside Communications Inc. 	  
	 	 
	Authorized Signatory 	  
	 	  
	 	 
	 	  
	Agreed and accepted by 	  
	 	  
	/s/      “Brent Welke” 	  
	 	 
	Signature: _________________________	Date: January 17,
      2012              
      
	 	 
	Brent Welke 	  
	 	 
	For and on behalf of All American Gold Corp.