| TO:    | M PIDHERNEY'S TRUCKING LTD |
|--------|----------------------------|
|   | 5133 - 49 Street           |
|   | Rocky Mountain House, AB   |
|   | T4T 1B8 (the "Lender")     |
|   |                       |
| DATED: | February 4, 2011           |

|   | 1. | PRINCIPAL REPAYMENT: The Principal Amount shall be repaid by the Borrower in full on or before the date that is four (4) months from the date of this Promissory Note (the "Maturity Date"). |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | INTEREST: The Borrower will pay interest to the Lender, after payment is due and before and after default, judgment and execution, on the Principal Amount and any unpaid interest outstanding from time to time until paid, at the Interest Rate, calculated and payable on the Maturity Date. In the event of default in payment of any amount of interest under this Promissory Note, the entire remaining Principal Amount and all interest accrued shall, at the option of the Lender, become immediately due and payable without notice or demand. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3. | PREPAYMENT OF LOAN: The Borrower may prepay the Principal Amount, along with any accrued and unpaid interest, in whole or in part at any time, without notice or penalty. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 4. | LOCATION AND METHOD OF PAYMENT. All payments to be made by the Borrower to the Lender pursuant to this Promissory Note shall be made in a manner acceptable to both parties acting reasonably and delivered to the address specified on page 1 of this Promissory Note (or such other address as may be specified in writing by the Lender from time to time) on or before 4:00 p.m. (Calgary time) on the date such payments are due. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 5. | MAXIMUM RATE OF RETURN: Notwithstanding any provision to the contrary contained in this Promissory Note, in no event shall the aggregate "interest" (as defined in section 347 of the Criminal Code, RSC, 1985, C-46) payable under this Promissory Note exceed the effective annual rate of interest on the "credit advanced" (as defined in that section) under this Promissory Note lawfully permitted under that section and, if any payment, collection or demand pursuant to this Promissory Note in respect of "interest" (as defined in that section) is determined to be contrary to the provisions of that section, such payment, collection or demand shall be deemed to have been made by mutual mistake of the Borrower and the Lender and the amount of such payment or collection shall be refunded to the Borrower. For purposes of this Agreement the effective annual rate of interest shall be determined in accordance with generally accepted actuarial practices and principles over the term of the loan on the basis of annual compounding of the lawfully permitted rate of interest and, in the event of dispute, a certificate of a Fellow of the Canadian Institute of Actuaries appointed by the Lender will be conclusive for the purposes of such determination. |
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|   | EDGE RESOURCES INC.                          |
|--------|----------------------------------------------|
|   |                                         |
|   | By:                                          | /s/ Brad Nichol |
|   |                                         | Name: Brad Nichol |
|   |                                         |
|   | Title: President and Chief Executive Officer |

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