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





August 1, 2011

	 	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 August 15, 2011 through January 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.








	 	3. 	
      Payment. In exchange for the provision of the
      Services, the Company shall pay the Service Provider during the Term a
      monthly retainer of US$5,000 (the “Compensation”) starting on August 15,
      2011, and due on the 15th of each month thereafter. Final
      scheduled payment on January 15th will be
      US$2,500 to reflect service through the end of January, 2012, at which
      time the Company may choose to extend the agreement with Parkside. 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.

	 	 	 	 
	 	4. 	
      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.

	 	 	 	 
	 	5. 	
      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.







Continued....

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/ “Demetra Arapakis ”	 	 
	 	 	 	 
	Per: 		 	Date: August 4, 2011  
	 	 	 	 
	Parkside Communications Inc. 	 	 
	Authorized Signatory 	 	 
	  	  	 	 
	  	  	 	 
	Agreed and accepted by 	 	 
	 	 	 
		/s/ “Brent Welke” 	 	 
	 	 	 	 
	Signature: 		 	Date: August 2, 2011 
	 	 	 	 
	Mr. Brent Welke, President 	 	 
	For and on behalf of All American Gold Corp.