Exhibit
10.10


 


EMPLOYMENT
AGREEMENT


 


THIS
AGREEMENT dated for reference the 28th day of April 2020


 


BETWEEN:


 


Karim
Alameddine, a person with an address at


 


9339
University Crescent, Unit 301, Burnaby, BC V4A 4Y1 (the “Employee”)


 


AND:


 


Western
Magnesium Canada Corporation a corporation pursuant to the laws of British Columbia with a registered address at Suite 900 –
580 Hornby Street, Vancouver, BC V6C 3E7


 


(the
“Company”)


 


(the
Employee and the Company are each hereinafter referred to as a “Party” and together hereinafter referred to as the
“Parties”)


 


WHEREAS:


 


A.
The Company exists under the laws of British Columbia and carries on the business of producing Magnesium metal mineral development and
processing (the “Business”);


 


B.
The Employee commenced employment with the Company on 28th day of April 2020 as Corporate Secretary (“Corporate Affairs”);


 


C.
The Company wishes to continue to employ the Employee as Corporate Secretary on the terms and conditions set forth in this Employment
Agreement (this “Agreement”);


 


NOW
THEREFORE THIS AGREEMENT WITNESSES that in consideration of the promises and mutual covenants herein, and for other good and valuable
consideration given by each Party to the other, the receipt and sufficiency of which are hereby acknowledged by each of the Parties,
THE PARTIES HEREBY COVENANT AND AGREE as follows:


 


	1.	EMPLOYMENT




 


	1.1	Position




 


The
Company agrees to employ the Employee, and the Employee agrees to serve the Company as Corporate Secretary for the Company, and in such
other additional position with the Company or its subsidiaries as the Company may reasonably assign to the Employee. The Corporate Secretary
shall perform such duties and responsibilities as set out in Schedule “A” to this Agreement. In addition to the duties
and responsibilities set out in Schedule “A”, the Employee agrees to perform such other duties and responsibilities
that are normally performed by the Corporate Secretary of a company and to comply with such instructions that are reasonably assigned
or communicated to him by the Company from time to time. The Company may make changes without notice to duties and responsibilities of
the Employee in accordance with its business needs, and such changes will not constitute a breach of the terms of employment.


 




    	 



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	(a)
    	The
    Employee shall at all times conduct himself in accordance with all laws that apply to his employment and to the affairs of the Company.
	 	 
	(b)
    	The
    Employee shall comply with all written policies that apply to the Company’s senior staff that may be issued by the Company
    from time to time. It is agreed that the introduction and administration of such policies are within the sole discretion of the Company.
    If the Company introduces, amends or deletes such policies, such introduction, deletion or amendment shall not constitute a breach
    of this Agreement. If there is a direct conflict between this Agreement and any such policy, this Agreement shall prevail to the
    extent of the inconsistency.


 


	1.2	Term of Employment




 


	(a)
    	The
    term of the Employee’s employment with the Company under this Agreement will commence on 28th day of April 2020,
    and will end when terminated in accordance with this Agreement (the “Term”).
	 	 
	(b)
    	The
    Employee shall devote all of his time and attention during normal business hours to the business of the Company and shall not, without
    the prior written consent of the Board of Directors (the “Board”), engage in any other business, profession or
    occupation. The Employee shall not, without the prior written consent of the Board (which consent is not to be unreasonably withheld),
    become an officer, director, contractor for service, employee, agent or representative of any other company, partnership, person,
    firm, business, enterprise or organization, where such activity would interfere with the performance of the Employee’s obligations
    herein.
	 	 
	(c)
    	Subsection
                                            1.3(b) shall not prevent the Employee from performing a reasonable amount of charitable or
                                            volunteer community service work, provided such work does not interfere with the performance
                                            of the Employee’s obligations herein.

                                                                                 

	1.3	Reporting





 


	 	The
    Employee shall report to the Chief Employee Officer (CEO).


 


	1.4	Standards of Conduct




 


At
all times during his employment with the Company, the Employee shall adhere to all written rules and written regulations respecting standards
of conduct and conflict of interest which now are or may be established by the Company and all laws that apply to the Employee’s
employment.


 




    	 



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	1.5	No Contravention or Conflict




 


The
Employee represents and warrants to the Company that this Agreement and carrying out the Employee’s duties and responsibilities
in connection with the Employee’s employment with the Company under this Agreement, will not contravene or conflict with any obligations
the Employee may have to any past employer or other person, firm or corporation for or with whom the Employee has previously provided
any services or been engaged (“Prior
Entities”). The Employee agrees that he will not do anything in connection with his employment
with the Company that would contravene or conflict with any such obligations. The Company is not employing the Employee to obtain the
confidential information or business opportunities of any Prior Entities and the Employee is hereby requested and directed by the Company
to disclose to the Company and to comply with any obligations that the Employee may have to any Prior Entities.


 


	2.	COMPENSATION DURING THE TERM




 


	2.1	Base Salary




 


	(a)
    	During
    the Term, the Company will pay to the Employee an annual base salary of CDN$80,000 (the “Base Salary”) which will
    be payable on the 15th and last day of each month (provided that, if such date is not a business day, then on the business
    day before in British Columbia) in accordance with the Company’s established payroll policies as amended from time to time,
    and subject to all required deductions and withholdings.
	 	 
	(b)
    	The
    Employee acknowledges and agrees the compensation set out in this Agreement is compensation for all hours worked by the Employee,
    and that, due to the managerial nature of the Employee’s duties and Business of the Company, the Employee may be required to
    perform his duties under this Agreement according to an irregular and/or fluctuating schedule as required by the Company, which may
    include hours outside of normal business hours.


 


	2.2	Discretionary Bonus




 


	(a)
    	During
                                            the Term, the Employee shall have the opportunity to earn an annual discretionary bonus upon
                                            meeting or exceeding the Company’s achievement of annual financial and operating targets
                                            and the Employee’s performance targets (the “Bonus”). The amount
                                            of the Bonus, if any, and specific targets for the Bonus will be determined annually by the
                                            Company in its sole and absolute discretion. The Bonus, if payable, shall be paid within
                                            75 days after the end of the fiscal year to which the Bonus relates.

                                                                                 

	(b)
    	The
    Employee acknowledges and agrees that receipt of the Bonus in one year does not entitle the Employee to a receipt of the Bonus in
    any subsequent year. The Employee acknowledges and agrees that payment of the Bonus is contingent on the Employee being actively
    employed by the Company at the time the Bonus is scheduled to be paid. For greater certainty, payment of any severance or any period
    of notice of termination or pay in lieu that is given or ought to have been given under this Agreement or any applicable law, including
    the common law, in respect of termination of employment, will not be considered as extending the period of the Employee’s employment
    with respect to his eligibility to receive the Bonus, except to the minimum extent, if any, required under applicable employment
    standards legislation. If the Employee resigns, or is dismissed, with or without cause, at any time prior to the Bonus being paid,
    the Employee will not be eligible to receive the Bonus, or a pro-rated share of the Bonus, except to the minimum extent, if any,
    required under applicable employment standards legislation.


 




    	 



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	2.3	Stock Options




 


	(a)
    	During
                                            the Term, at the Company’s sole discretion, the Company will make reasonable efforts
                                            to make future grants of stock options to the Employee to purchase common shares of the Company
                                            (the “Stock Options”). The number, exercise price, and vesting schedule
                                            of the Stock Options will be determined by the Board, or a committee thereof, in its sole
                                            discretion.

                                                                                 

	(b)
    	The
                                            Stock Options will be subject to the terms of a separate stock option agreement (including
                                            specified vesting terms), issued according to the terms and conditions of the Company’s
                                            Stock Option Plan as amended from time to time, and subject to all applicable securities
                                            laws, including the policies of the TSX Venture Exchange, and any other stock exchange on
                                            which common shares of the Company are listed. The Company reserves the right to introduce,
                                            administer, amend and/or delete the Company’s Stock Option Plan in its sole discretion,
                                            and such changes will not constitute a breach of the terms of employment.

                                                                                 

	(c)
    	Neither
    the period of notice nor any payment in lieu thereof will be considered as extending the period of the Employee’s employment
    with respect to the vesting or exercise of any such options granted, except to the minimum extent (if any) required by applicable
    employment standards legislation.


 


	2.4	Benefits




 


	(a)
    	During
                                            the Term, the Employee will be able to participate in the benefit plans that the Company
                                            makes available to its senior staff from time to time in its discretion, subject to the terms
                                            and conditions set out in the various benefits plans as amended from time to time. The Company
                                            may reduce, amend or terminate the benefits plan or coverage from time to time in its sole
                                            discretion. Benefits will not be provided in relation to any statutory or common law period
                                            of notice, and will not form part of any damages for wrongful dismissal or otherwise, except
                                            to the minimum extent (if any) required by applicable employment standards legislation. Nothing
                                            herein requires the Company to establish or continue any benefit plan.

                                                                                 

	(b)
    	The
    Company’s obligations with respect to benefits shall not be to act as a self-insurer. The Company shall make the benefit plans
    available to the Employee and, where applicable, shall pay premiums to an insurance carrier of its choice. All decisions regarding
    eligibility and coverage shall be made by the insurance carrier; the Company shall not bear any responsibility or liability in connection
    with the benefit plans during the employment of the Employee or thereafter.


 






    	 



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	2.5	Business Expenses




 


	(a)	During the Term:




 


	 	(i)
    	The
                                            Company shall reimburse the Employee for all pre-approved traveling and other out-of-pocket
                                            expenses actually and properly incurred by the Employee in the course of carrying out his
                                            duties and responsibilities under this Agreement and which are incurred in accordance with
                                            Company policies, including but not limited to the Company’s rules of traveling expenses,
                                            if any;

                                                                                 

	 	(ii).	The
                                            Company shall reimburse the Employee for monthly bills for a mobile device used exclusively
                                            for business purposes and for any long-distance charges incurred by the Employee for Company
                                            related international calls.

                                                                                 

	 	(iii)
    	The
                                            Employee agrees to provide to the Company an itemized monthly expense report, together with
                                            original receipts, showing all monies expended hereunder, and such other expense information
                                            as the Company may reasonably require.

    



 


	2.6	Insurance




 


During
the Term, the Company will arrange and pay for Directors and Officers insurance on behalf of the Employee.


 


	2.7	Vacation




 


	(a)
    	During
                                            the Term, the Company will provide the Employee with three (3) weeks’ paid vacation
                                            per calendar year in accordance with the written vacation policy of the Company from time
                                            to time applicable to the Company’s senior management, pro-rated for partial years
                                            of employment. The weeks selected by the Employee shall be subject to the Company’s
                                            written consent and must be obtained no later than thirty (30) days prior to the start of
                                            the vacation period.

                                                                                 

	(b)
    	Upon
                                            termination of this Agreement, however so caused, the Employee will be paid only the minimum
                                            entitlement to vacation pay under the British Columbia Employment Standards Act that
                                            remains accrued and unused at the date of termination. For greater clarity, any accrued and
                                            unused vacation entitlement over and above the minimums provided for under the British Columbia
                                            Employment Standards Act will be forfeited upon termination, except to the minimum
                                            extent (if any) required by applicable employment standards legislation.

                                                                                 

	(c)
    	Vacation
                                            pay will not be provided in relation to any common law period of notice, and will not form
                                            part of any damages for wrongful dismissal or otherwise, except to the minimum extent (if
                                            any) required by applicable employment standards legislation.

    



 


	3.	Deductions




 


The
Employee acknowledges that the compensation, benefits, payments and advances provided for in this Agreement may be subject to statutory
income and withholding taxes as well as other applicable taxes, withholdings, fees, and deductions.


 




    	 



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	4.	Employee’S
      OBLIGATIONS

                                                      

	1.1	Confidentiality




 


	(a)
    	The
    Employee acknowledges that, by reason of this Agreement, the Employee will have access to Confidential Information, as hereinafter
    defined, of the Company, that the Company has spent time, effort and money to develop and acquire.
	 	 	 
	(b)	The
    term “Confidential Information” as used in this Agreement means information, whether or not originated by the
    Employee, that relates to the business or affairs of the Company, its affiliates, clients or suppliers and is confidential or proprietary
    to, about or created by the Company, its affiliates, clients, or suppliers. Confidential Information includes, but is not limited
    to, the following types of confidential information and other proprietary information of a similar nature (whether or not reduced
    to writing or designated or marked as confidential):
	 	 	 
	 	(i)
    	information
                                            relating to strategies, research, communications, business plans, and financial data of the
                                            Company and any information of the Company which is not readily publicly available;

                                                                                 

	 	(ii)
    	any
                                            information deemed to constitute trade secrets, whether or not separately described in this
                                            Agreement;

                                                                                 

	 	(iii)
    	work
                                            product resulting from or related to work or projects performed for or to be performed for
                                            the Company or its affiliates, including but not limited to, the methods, processes, procedures,
                                            analysis, techniques and audits used in connection therewith;

                                                                                 

	 	(iv)
    	any
                                            intellectual property contributed to the Company, and any other technical and business information
                                            of the Company, its subsidiaries and affiliates which is of a confidential, trade secret
                                            and/or proprietary character;

                                                                                 

	 	(v)
    	internal
                                            Company personnel and financial information, employee personal information, employee compensation,
                                            supplier names and other supplier information, purchasing and internal cost information,
                                            internal services and operational manuals, and the manner and method of conducting the Company’s
                                            business; and

                                                                                 

	 	(vi)
    	all
    information that becomes known to the Employee as a result of this Agreement that the Employee, acting reasonably, believes is confidential
    information or that the Company takes measures to protect.


 


	(c)	Confidential Information
  does not include any of the following:




 


	 	(i)
    	the
    general skills and experience gained by the Employee during the Term of this Agreement that the Employee could reasonably have been
    expected to acquire in similar retainers or engagements with other companies;


 




    	 



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	 	(ii)
    	information
    publicly known without breach of this Agreement or similar agreements; or
	 	 	 
	 	(iii)
    	information,
    the disclosure of which by the Employee is required to be made by any law, regulation or governmental authority or legal process
    of discovery (to the extent of the requirement), provided that before disclosure is made, notice of the requirement is provided to
    the Company, and to the extent reasonably possible in the circumstances, the Company is afforded an opportunity to dispute the requirement,
    and the Employee uses reasonable efforts to cooperate with the Company to contest, object to or limit such a request and, in any
    such case, when revealing such Confidential Information pursuant to court order.
	 	 	 
	(d)
    	The
    Employee acknowledges that the Confidential Information is a valuable and unique asset of the Company and that the Confidential Information
    is and will remain the exclusive property of the Company. The Employee agrees to maintain securely and hold in strict confidence
    all Confidential Information received, acquired or developed by the Employee or disclosed to the Employee as a result of or in connection
    with this Agreement. The Employee agrees that, both during and after the termination of this Agreement, the Employee will not, directly
    or indirectly, divulge, communicate, use, copy or disclose or permit others to use, copy or disclose, any Confidential Information
    to any person, except as such disclosure or use is required to perform its duties hereunder or as may be consented to by prior written
    authorization of the Company, or which is required to be disclosed under applicable laws or legal process.
	 	 	 
	(e)
    	The
    Employee understands that the Company has from time to time in its possession information belonging to third parties or which is
    claimed by third parties to be confidential or proprietary and which the Company has agreed to keep confidential. The Employee agrees
    that all such information shall be Confidential Information for the purposes of this Agreement.


 


	4.2	Intellectual Property




 


	(a)	In this Agreement:




 


	 	(i)
    	“Intellectual
                                            Property Rights” means any and all legal protection recognized by the law (whether
                                            by statute, common law or otherwise, in the United States, Canada and all other countries
                                            world-wide) in respect of the Works (as defined below) and Confidential Information, including
                                            trade secret and confidential information protection, patents, copyright and copyright registration,
                                            industrial design registration, trade dress and trade-marks and trade-mark registrations
                                            and other registrations or grants of rights analogous thereto;

     





    	 



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	 	(ii)
    	“Works”
                                            includes all inventions, methods, processes, discoveries, designs, ideas, works, creations,
                                            developments, algorithms, drawings, compilations of information, analysis, experiments, data,
                                            reports, know-how, techniques, products, samples, tools, machines, software and all documentation
                                            therefore, flowcharts, specifications and source code listings, whether patentable or not,
                                            including any modifications or improvements thereto that: (1) are conceived, developed, created,
                                            generated or reduced to practice by the Employee (whether alone or with others in or outside
                                            the Company) as a result of the Employee’s involvement with the Company; or, (2) result
                                            from the Employee’s fulfillment of the Employee’s obligations hereunder; or (3)
                                            result from the use of the premises and property (including equipment, supplies or Confidential
                                            Information) owned, licensed or leased by the Company;

     

	(b)
    	The
                                            Employee will disclose all Works promptly and fully to the Company. The Employee will maintain
                                            at all times adequate and current records relating to the Works, which records will be and
                                            remain the property of the Company.

                                                                                 

	(c)
    	Notwithstanding
                                            anything else contained herein, the Company will have sole and exclusive right, title and
                                            interest, world-wide, in and to all Works and Intellectual Property Rights, which right,
                                            title and interest will continue after termination of this letter agreement. Accordingly,
                                            the Employee hereby irrevocably assigns (and in the case of Works created on or after the
                                            Effective Date, agree to assign, without the need for any further remuneration or consideration)
                                            to the Company all worldwide right, title and interest of any nature whatsoever in and to
                                            all Works and Intellectual Property Rights.

                                                                                 

	(d)
    	The
                                            Employee hereby waives (and in the case of Works created on or after the Effective Date,
                                            agrees to waive) all moral rights arising under the Copyright Act (Canada) and any
                                            rights to similar effect in any country or at common law (“Moral Rights”)
                                            that the Employee may have in respect of the Works, and acknowledge that such waiver may
                                            be invoked by any person authorized by the Company.

                                                                                 

	(e)
    	Aside
                                            from Moral Rights, if the Employee has any Intellectual Property Rights that cannot be assigned
                                            to the Company, the Employee hereby unconditionally and irrevocably grants to the Company
                                            an exclusive, irrevocable, perpetual, worldwide, fully paid and royalty-free license with
                                            rights to sub-license to all such rights for the full duration of such rights and any renewals
                                            or extensions thereof. Further, aside from Moral Rights, if the Employee has any Intellectual
                                            Property Rights that cannot be so assigned or licensed, the Employee hereby unconditionally
                                            and irrevocably waives the enforcement of such rights, and all claims and causes of action
                                            of any kind against the Company, its licensees, successors and assigns with respect to such
                                            rights. The Employee agrees, at the Company’s request and expense, to consent to and
                                            join in any action by the Company to enforce such rights.

                                                                                 

	(f)
    	The
    Employee will execute and deliver to the Company whenever requested by the Company, any and all further documents and assurances
    that the Company may deem necessary or expedient to affect the purposes and intent of the assignment set out herein. If the Employee
    refuses or fails to execute any further documents and assurances whenever requested by the Company, this Agreement will form a power
    of attorney granting to the Company the right to execute and deliver on the Employee’s behalf (as the case may be), all such
    further documents and assurances that the Company may deem necessary or expedient to effect the purposes and intent of the assignment
    and waiver set out herein on the Employee’s behalf.


 




    	 



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	4.3	Non-Solicitation




 


During
the Employee’s employment and for a period of one (1) year from the end of the Employee’s employment (howsoever occasioned),
the Employee shall not, without the prior written consent of the Company, either alone or jointly with or on behalf of any person or
entity, directly or indirectly solicit or entice away or endeavor to solicit or entice away from the Company (or an affiliated company
with which the Employee had direct involvement):


 


	(a)
    	any
    person who at the date of the termination of the Employee’s employment was a Client or Customer of the Company; and
	 	 
	(b)
    	any
    persons who were employees of or independent contractors of the Company at the time of the termination of the Employee’s employment,
    or during a period of ninety (90) days immediately preceding the termination of the Employee’s employment, to terminate their
    employment or contractor agreements with the Company (whether or not that person or entity would commit a breach of their contract
    of employment or their contract for services, by doing so).


 


For
the purposes of this Subsection 4.3, “Client or Customer” means any person or entity to whom the Employee provided
products or services, with whom the Employee had direct and material contract, or about whom the Employee received Confidential Information,
during the course of the Employee’s employment with the Company.


 


	4.4	Non-Competition




 


During
the Employee’s employment and for a period of one (1) year from the end of the Employee’s employment (howsoever occasioned),
the Employee shall not, directly or indirectly, whether as owner, shareholder (except to the extent of a less than 2% ownership interest
of the outstanding shares of a publicly held corporation), director, agent, officer, employee, consultant, independent contractor or
in any other capacity whatsoever of a corporation, partnership, proprietorship, be engaged in, compete with, be financially concerned
or interested with, or employed by any company carrying on the business of development or processing of magnesium anywhere in North or
South America or Europe.


 


	1.1	Ownership and Return of
  Confidential Information. 




 


All
Confidential Information disclosed to or obtained by the Employee in tangible form (including, without limitation, information incorporated
in computer software or held in electronic storage media) shall be and remain the property of the Company. All such Confidential Information,
and any other property of the Company possessed by the Employee at the time the Employee ceases employment with the Company shall be
returned to the Company at such time, or earlier upon request of the Company. Upon the return of Confidential Information or any such
other property of the Company, it shall not thereafter be retained in any form, in whole or in part, by the Employee. The Employee agrees
to permanently delete and destroy any copies of Confidential Information from any of the Employee’s personal electronic devices
immediately upon the termination of the employment of the Employee for any reason.


 


	1.2	Nondisparagement




 


During
the Term, and thereafter, the Employee agrees not to defame or disparage or criticize the Company, its business plan, procedures, products,
services, development, finances, financial condition, capabilities or other aspect of its business, or any of its stakeholders to any
person or entity, without limitation in time. Notwithstanding the foregoing sentence, the Employee and the Company may confer in confidence
with his or its respective advisors and make truthful statements as required by law.


 




    	 



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	1.3	Reasonableness
  




 


	(a)
    	The
                                            Employee acknowledges and agrees that the restrictions contained in this Section 4 with respect
                                            to time and scope are reasonable and do not impose a greater restraint than is necessary
                                            to protect the goodwill and other legitimate business interests of the Company and that the
                                            Employee has had the opportunity to review the provisions of this Agreement with the Employee’s
                                            legal counsel, if any. In particular, the Employee agrees and acknowledges that the Company
                                            expends significant time and effort developing and protecting the confidentiality of the
                                            Confidential Information, which has significant value.

                                                                                 

	(b)
    	The
                                            Employee and the Company further agree that: (1) this non-compete is reasonably necessary
                                            to protect the needs, inclusive of confidential information and trade secrets, of the Company;
                                            (2) the limitations imposed by this non-compete are not greater than reasonably necessary
                                            to protect the Company; and (3) the limitations in this non-compete do not cause any harm
                                            to the public by preventing the Employee from using his skills or service in the field.

                                                                                 

	(c)
    	The
                                            Employee and the Company agree that the restrictions contained in Subsections 4.3 and 4.4
                                            are reasonable in time and scope given that Employee was provided with access to the Company’s
                                            and its customers’ internal operations and business relationships.

                                                                                 

	(d)
    	This
    Section 4 does not restrict or impede, in any way, and shall not be interpreted or understood as restricting or impeding, the Employee
    from exercising protected rights that cannot be waived by agreement.


 


	5.	enforcement




 





	(a)
    	The
    Employee acknowledges and agrees that the covenants and obligations under this Agreement, and in particular under Section 4, are
    reasonable, necessary and fundamental to the protection of the Company’s legitimate business interests, and that any breach
    of this Agreement by the Employee would result in irreparable harm to the Company and loss and damage to the Company for which the
    Company could not be adequately compensated by an award of monetary damages.
	 	 
	(b)
    	The
    Employee acknowledges and agrees that in the event of any breach or threatened breach of Section 4 of this Agreement by the Employee,
    the Company will, in addition to any and all remedies available to the Company at law or in equity, be entitled as a matter of right
    to judicial relief by way of a restraining order, interim, interlocutory or permanent injunction, or order for specific performance
    as may be necessary to ensure that the Employee complies with and performs the Employee’s obligations under this Agreement,
    and including an award of special costs of any such court application against the Employee,
    and the Employee further covenants and agrees not to oppose the granting of any such judicial relief and hereby waives any
    and all defenses to the strict enforcement of this Agreement. Any such relief shall be in addition to and not in lieu of any appropriate
    relief in the way of monetary damages and equitable accounting of all earnings, profits and other benefits arising from such violation,
    which rights shall be cumulative and in addition to any other rights or remedies to which the Company may be entitled. Employee does
    hereby waive any requirement for the Company to post a bond for any injunction. If, however, a court nevertheless requires a bond
    to be posted, the Employee agrees that such bond shall be in a nominal amount.


 


	6.	TERMINATION

                                                      

	6.1	Termination by the Employee




 


The
Employee may terminate this Agreement and his employment with the Company at any time by giving the Company at least two (2) weeks of
written notice, which the Company may waive in whole or in part, subject to any minimum entitlements under the British Columbia Employment
Standards Act. The Employee agrees that such waiver shall not constitute termination of the Employee’s employment by the Company.


 






    	 



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	6.2	Termination Without Cause by the Company




 


	(a)
    	The
    Company may terminate the employment of the Employee without just cause at any time by providing the Employee notice or pay in lieu
    of such notice and severance pay:
	 	 	 
	 	(i)
    	any
    minimum entitlements to written notice of termination, payment in lieu of such notice, or a combination of written notice and payment
    in lieu of such notice, at the Company’s sole discretion, required by the British Columbia Employment Standards Act,
    as amended from time to time (the “ESA Minimums”)
	 	 	 
	 	 	(collectively,
    the “Termination Payment”).
	 	 	 
	(b)
    	The
    Employee agrees that the notice required or amount payable pursuant to this Subsection 6.2 will be the maximum notice or compensation
    to which the Employee is entitled in lieu of reasonable notice, including statutory, contractual and common law amounts, and the
    Company will have no further obligations to the Employee with respect to the termination of this Agreement or the Employee’s
    employment with the Company, including without limitation further compensation, severance pay or damages. This Subsection 6.2 will
    continue to apply throughout the Employee’s employment, regardless of the Employee’s length of service or any changes
    that may occur to the Employee’s position, duties and responsibilities, compensation or benefits, or other terms of employment,
    unless the Company and the Employee agree otherwise in writing.
	 	 	 
	(c)
    	Where
    this Agreement and the Employee’s employment is terminated in accordance with this Subsection 6.2, the Employee agrees to release
    and forever discharge the Company, and each of their directors, officers or employees, of and from any and all manner of actions,
    causes of action, suits, claims, complaints, damages, costs and expenses of any nature or kind whatsoever, known or unknown, whether
    in law or in equity or pursuant to statute, which, as against the Company or such persons as aforesaid or any of them, the Employee
    has ever had, now has, or at any time hereafter the Employee can, will or may have, by reason of or arising out of this Agreement,
    the Employee’s employment, or the termination of this Agreement and the Employee’s employment, prior to receiving any
    payments in excess of the ESA Minimums. The Employee agrees to execute a full and final release in favour of the Company, in a form
    to be provided by the Company, prior to receiving the compensation set out in this Subsection 6.2 of in excess of the ESA Minimums.


 


	6.3	Termination with Just
  Cause by Company




 


	(a)	For
    the purposes of this Agreement, “Just Cause” means:
	 	 	 
	 	(i)
    	committing
                                            any willful or intentional act of dishonesty, including, but not limited to, fraud, or falsification
                                            of an employment record;

                                                                          

	 	(ii)
    	being
    found guilty of, or entering a plea of guilty or no contest to, any felony or any crime involving moral turpitude, dishonesty or
    theft;



 




    	 



    	-12 -



    

 


	 	(iii)
    	willful
                                            disobedience or insubordination with respect to a lawful directive of Employee’s superior
                                            or the Board;

                                                                                 

	 	(iv)
    	material
                                            breach of this agreement or of any of the Company’s policies;

                                                                                 

	 	(v)
    	improper
                                            or unauthorized disclosure of Confidential Information; or

                                                                                 

	 	(vi)
    	any
                                            action, omission or commission which a British Columbia court will conclude just cause at
                                            law.

                                                                                 

	(b)
    	Notwithstanding
                                            any other provision of this Agreement, the Company may terminate this Agreement and the Employee’s
                                            employment with the Company at any time for Just Cause, without prior notice or pay in lieu
                                            of notice or any other form of compensation, severance pay or damages.

                                                                                 

	(c)
    	A
    failure by the Company to rely upon the provisions of this Subsection 6.3 in any given instance or instances shall not constitute
    acquiescence or be deemed a waiver by the Company of its entitlement to terminate the Employee’s employment for Just Cause.
    The Employee agrees that if the Company provides the Employee with notice of termination or payment in lieu of such notice in accordance
    with Subsection 6.2, the Company will not be prevented from alleging Just Cause for termination of the terms of the Employee’s
    employment or this Agreement. Further, the Employee agrees that if the Company unsuccessfully alleges Just Cause pursuant to this
    Subsection 6.3, or if the Employee is found to have been constructively dismissed, the Employee’s entitlement to notice or
    pay in lieu of notice will be limited to the entitlements set out in Subsection 6.2.


 


	6.4	General Termination Provisions




 


	(a)
    	Upon
    the death or disability diagnosed by a licensed physician of the Employee such that, in the view of the Company’s directors
    other than the Employee, the Employee is not able to carry out his essential job functions, the Company may terminate the Employee’s
    employment by providing the Employee or his estate with pay and severance pay, if applicable, in the amount of six (6) months’
    Base Salary payable monthly, and conditioned on the effectiveness of a Release. Prior to terminating the Employee under this Subsection
    6.4(a), the Company will make reasonable accommodation necessary to enable the Employee to perform his essential job functions unless
    providing such accommodation would pose an undue hardship on the Company. The terms “essential job functions,” reasonable
    accommodation,” and “undue hardship” as they are used in this Subsection 6.4(a) shall be defined as in the Americans
    with Disabilities Act of 1990.
	 	 
	(b)
    	Upon
    termination for any reason, Employee shall receive accrued but unpaid wages through the date of termination, any unreimbursed expenses
    as required under this Agreement, and any other amounts as required by law.
	 	 
	(c)
    	Upon
    termination of the Employee’s employment for any reason, the Employee shall immediately resign from all offices which he holds
    with the Company, its affiliates, and its subsidiaries. The Employee understands and agrees that he will not be entitled to receive
    any further notice, payment in lieu of notice, severance pay, benefits, compensation, or damages of any kind, whether at common law
    or otherwise, other than the entitlements as set forth in this Agreement.


 




    	 



    	-13 -



    

 


	7.	CHANGE OF CONTROL




 


	(a)
    	For
    the purpose of this Section 7, “Change of Control” means the occurrence of any of the following events:
	 	 	 
	 	(i)
    	an
    acquisition, directly or indirectly, of voting securities of the Company (including securities of the Company on which conversion
    will become voting securities) by any person or group of persons acting in concert such that such person or group of persons are
    able for the first time to affect materially the control of the company;
	 	 	 
	 	(ii)
    	a
    merger, amalgamation or other business combination of the Company with or into another entity, or any other corporate reorganization,
    if more than 50% of the combined voting power of the continuing or surviving entity’s securities outstanding immediately thereafter
    are owned by persons who were not security holders of the Company immediately prior to such merger, amalgamation, business combination
    or reorganization;
	 	 	 
	 	(iii)
    	the
    exercise of the voting power of any of all securities of the Company so as to cause or result in the election of a majority of members
    of the Board of Directors who were not previously incumbent directors thereof;
	 	 	 
	 	(iv)
    	the
    completion of a tender offer, an exchange offer, a take-over bid or any other offer or bid by an entity, person or group (other than
    the Company or a wholly-owned subsidiary of the Company) of more than 50% of the issued and outstanding voting securities of the
    Company; or
	 	 	 
	 	(v)	the
    sale, transfer or disposition by the Company of all or substantially all of the assets of the Company;
	 	 	 
		provided
    that:
	 	 	 
	 	(vi)
    	an
    event will not constitute a Change of Control if its sole purpose is to change the jurisdiction of incorporation of the Company or
    to create a holding company or other corporation, partnership or trust that will be owned in substantially the same proportions by
    the persons who held the Company’s securities immediately before such event; and
	 	 	 
	 	(vii)
    	a
    Change of Control will be deemed not to have occurred with respect to the Employee if the Employee is the acquirer or part of the
    acquiring group that consummates the Change of Control.


 




    	 



    	-14 -



    

 


	(b)
    	For
                                            the purposes of this Section 7, “Good Reason” means the occurrence after
                                            a Change of Control event, without the Employee’s consent, of any of the following:

                                                                                 

	 	(i)
    	a
                                            material and detrimental change in the title, position, duties and responsibilities, authority
                                            or status of the Employee with the Company;

                                                                                 

	 	(ii)
    	a
                                            material breach by the Company of this Agreement; or

                                                                                 

	 	(iii)
    	a
                                            material reduction of the Base Salary.

                                                                                 

	 	In
                                            order to terminate his employment for Good Reason:

                                                                                 

	 	(i)
    	the
                                            Employee must first give the Company written notice of the action (including for all purposes,
                                            any failure to act on the part of the Company) alleged to constitute Good Reason within ninety
                                            (90) days after the Employee is first aware of such action;

                                                                                 

	 	(ii)
    	the
                                            Company must fail to cure such action within thirty (30) days after receipt of such notice;
                                            and

                                                                                 

	 	(iii)
    	the
                                            Employee must resign within thirty (30) days after the end of such cure period.

                                                                                 

	(b)
    	 	In
                                            the event the Company (or any successor) terminates the Employee’s employment without
                                            cause within 12 months of a Change of Control, or in the event the Employee terminates his
                                            employment for Good Reason within 12 months of a Change of Control, the Employee will receive
                                            from the Company the Termination Payment in accordance with Subsection 6.2.

                                                                                 

	(c)
    	 	Where
    this Agreement and the Employee’s employment is terminated in accordance with this Section 7, the Employee agrees to release
    and forever discharge the Company, and each of their directors, officers or employees, of and from any and all manner of actions,
    causes of action, suits, claims, complaints, damages, costs and expenses of any nature or kind whatsoever, known or unknown, whether
    in law or in equity or pursuant to statute, which, as against the Company or such persons as aforesaid or any of them, the Employee
    has ever had, now has, or at any time hereafter the Employee can, will or may have, by reason of or arising out of this Agreement,
    the Employee’s employment, or the termination of this Agreement and the Employee’s employment, prior to receiving any
    payments in excess of the ESA Minimums. The Employee agrees to execute a full and final release in favour of the Company, in a form
    to be provided by the Company, prior to receiving the compensation set out in Subsection 6.2 of in excess of the ESA Minimums.


 


	8.	GENERAL




 


	8.1	Entire Agreement




 


This
Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and cancels and supersedes any
previous oral or written communications, representations, understandings or agreements between the Parties with respect thereto. There
are no representations, warranties, terms, conditions, undertakings or collateral agreements, express or implied, between the Parties
other than as expressly set forth in this Agreement.


 




    	 



    	-15 -



    

 


	8.2	Severability




 


If
any provisions of this Agreement are determined to be invalid, void or unenforceable, in whole or in part, such invalidity, voidance
or unenforceability shall attach only to such provision or part thereof, and the remaining part of such provision and all other provisions
thereof shall continue in full force and effect.


 


	8.3	Continuing Obligations




 


Notwithstanding
the termination of this Agreement for any reason whatsoever, the provisions of Articles 4, 5, 6, 7,
and 8 hereof and any other provisions of this Agreement necessary to give efficacy
thereto shall continue in full force and effect following such termination.


 


	8.4	Waiver




 


The
waiver by the Employee or by the Company of a breach of any provision of this Agreement shall not operate or be construed as a waiver
of any subsequent breach by the Company or by the Employee.


 


	8.5	Modification of Agreement




 


Any
modification to this Agreement must be in writing and signed by the Parties or it shall have no effect and shall be void.


 


	8.6	Assignment of Rights




 


The
Company has the right to assign this Agreement to another party. The Employee will not assign the Employee’s rights under this
Agreement or delegate to others any of the Employee’s functions and duties under this Agreement.


 


	8.7	Attorney’s Fees




 


Each
side will bear its own attorney’s fees with respect to this Agreement.


 


	8.8	Governing Law




 


This
Agreement and all related matters will be governed by, and construed in accordance with, the laws of British Columbia and the laws of
Canada applicable therein (excluding any choice of law rules). Any dispute arising from, connected with, or relating to this Agreement
or any related matters will be resolved by the courts of British Columbia and the parties hereby irrevocably submit and attorn to the
original and exclusive jurisdiction of those courts.


 




    	 



    	-16 -



    

 


	6.2	Headings




 


The
headings in this Agreement are for convenience of reference only and should not be given any effect in the interpretation of this Agreement.


 


	6.3	Confidentiality of Agreement 




 


The
Employee will keep confidential and not disclose any of the terms of this Agreement to any person unless required to do so by law or
for the purpose of obtaining confidential legal, financial or tax planning advice.


 


	8.11	Continuing Cooperation




 


The
Employee agrees that he shall, both during the term of this Agreement and thereafter, fully co-operate with and assist the Company in
the resolution of complaints, claims or disputes against the Company, including without limitation civil, criminal or regulatory proceedings.


 


	8.12	Legal Advice




 


The
Employee acknowledges and agrees that he has had the opportunity to seek independent legal advice in relation to the nature, contents,
terms and effect of this Agreement.


 


	8.13	Counterparts




 


This
Agreement may be executed in counterparts, and such original executed counterparts together shall constitute one agreement.


 


IN
WITNESS WHEREOF the Parties hereto have executed this Agreement on the day and year first written above.


 


Western
Magnesium Canada Corporation


 




	/s/
    Ed Lee	 
	Ed
    Lee, Employee Chairman 	 
	Per:
    Authorized Signatory	 



 


	SIGNED
    by Karim Alameddine in the presence of:	)	 
	Signature	)	 
		)	 
	 	)	/s/
    Karim Alameddine
	/s/
    Lisa Maxwell	)	Karim
    Alameddine
	Print
    Name: Lisa Maxwell	)	
	 	)	 





 






    	 



    	 



    

 


SCHEDULE
A


 


CORPORATE
SECRETARY’S DUTIES AND RESPONSIBILITIES


Overview



 


The
primary responsibility of the Corporate Secretary of the Company is to fulfil the corporate administrative function for the Company in
alignment with both its short-term operational objectives and long-term strategic goals. While the CEO of the Company is responsible
for the leadership and operational oversight of the Company, the Corporate Secretary is responsible for the Employee administration necessary
to support the goals and objectives of the Company.


 


The
Corporate Secretary shall have such skills and abilities as are considered necessary by the CEO and the Board. The Corporate Secretary
both works with, and is accountable to, the CEO and the Board.


 


General
Responsibilities


 


The
Corporate Secretary has the following general and specific responsibilities:


 


	 	1)	Strategic Leadership




 


	 	●	Acting as adviser to the company directors




 


	 	2)	Financial Leadership




 


	 	●	Handle company share transactions - issuing new shares, arranging
dividend payments and observing all legal requirements




 


	 	3)	Risk Management




 


	 	●	Contributing to risk identification and mitigation development




	 	●	Administering Risk Management action items




 


	 	4)	Administrative Leadership




 


	 	●	Implementing the decisions of the board of directors




	 	●	Attending and take minutes of directors’ and members’
meetings




 


	 	5)	Compliance Leadership




 


	 	●	Liaising with auditors, lawyers, tax advisers, bankers and
shareholders on board governance issues




	 	●	Ensure compliance obligations under relevant laws and the requirements
of regulatory authorities are met (e.g., stock exchange)




 


The
Employee’s specific responsibilities as Corporate Secretary for the Company shall include, but not be limited to, such as the following:


 


	 	1.	Attendance, coordination, and recording of board and committee
meetings




	 	2.	Minutes of meetings




	 	3.	Annual meeting of shareholders - including proxy statement







	 	4.	Corporate records




	 	5.	Subsidiary management




	 	6.	Stock transfers and dividends




	 	7.	Securities market listings and compliance with listing standards




	 	8.	Compliance with federal and provincial board governance laws




	 	9.	Governance liaison for officers and directors




	 	10.	Shareholder engagement on governance issues




 


Emergency
and immediate succession for the Corporate Secretary will be addressed directly by the CEO until such time as a permanent remedy is implemented,
unless a suitable alternate succession plan is in place and endorsed by the CEO and Board prior to the event.


 


The
Company conducts its work based out of offices located in the lower mainland of British Columbia, however a permanent office may be established.
Travel will also be required regularly to complete tasks for the Company.