pocoexh10_2.htm









 Exhibit 10.2


 


 



PLACER CLAIMS ASSIGNMENT AGREEMENT







This ASSIGNMENT AGREEMENT (this "Agreement"), dated July 31, 2014, is by and between A. Scott Dockter and Teresa Dockter ("Assignors"), and PUREBASE, INC. ("Assignee").  All capitalized terms not otherwise defined herein shall have the meanings assigned to them in the Placer Mining Claim Location Notices (as defined below).







Background







The Assignors, either individually or together, filed or recorded various Placer Mining Claim Location Notices on September 10, 2013 and October 31, 2013, relating to certain Placer mining claims identified as “USMC 1” thru “USMC 50” covering 1,145 acres located in Lassen County, California and listed as Exhibit A hereto (hereinafter referred to as the “Placer Claims”) and certain assets listed as Exhibit A-1 (hereinafter referred to as the “Premises”).







Terms







NOW, THEREFORE, in consideration of the execution and delivery of  the Placer Claims and Premises and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound hereby, the parties hereto agree as follows:







1.      The Assignor(s) do hereby sell, assign, convey, transfer and deliver to the Assignee, its successors and assigns, all of the Assignors’ right, title and interest in and to the Placer Claims and Premises.   This is a transfer and conveyance by the Assignors to the Assignee of good and marketable title to the Placer Claims, free and clear of all liens, claims, charges, leases, and encumbrances of any nature whatsoever, except for liens and encumbrances disclosed to and accepted by the Assignee.  Assignors hereby covenant and agree to forever warrant and defend the right and title to the Placer Claims against any and all undisclosed or excluded claims whatsoever.  The Assignors also assign to Assignee all rights to mine and extract such minerals as may exist on the property covered by the Placer Claims.


 


 




  





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2.      Assignee accepts the foregoing assignment and agrees to perform the obligations of Assignors as the “Locators” of the Placer Claims.  Assignee shall indemnify and hold harmless Assignors from all loss, liability, cost and expense, including reasonable attorney's fees, should it fail to do so.


 


3.      Assignor(s) shall execute, deliver and file such further instruments of conveyance, transfer and assignment and take such other actions reasonably requested by Assignee in order to properly record and effectuate the assignment, transfer, conveyance to and the vesting of all rights and title to the Placer Claims in the Assignee.


 


4.      This Agreement may not be amended or terminated except by a written instrument duly signed by each of the parties hereto.  This Agreement shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns.


 


5.      Nothing in this Agreement, expressed or implied, is intended or shall be construed to confer upon or give to any person, firm or corporation other than the Assignee and the Assignor(s), their successors and assigns, any remedy or claim under or by reason of this instrument or any term, covenant or condition hereof, and all of the terms, covenants, conditions, promises and agreements contained in this instrument shall be for the sole and exclusive benefit of the Assignee and the Assignor(s), their successors and assigns.


 


6.      To the extent any provision of this Agreement is inconsistent with the Placer Mining Claim Location Notices, the provisions of the Notices duly filed with the Lassen County Clerk-Recorder will control.


 


7.      This Agreement shall be governed by, and construed in accordance with, the laws of the State of California without giving effect to the conflict of laws provisions thereof.


 


 


IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be effective as of the date first above written.


 


 




	“ASSIGNORS” 	 	 	“ASSIGNEE”	 
	 	 	 	 	 
	
/s/ A.Scott Dockter

	 	 	
Purebase, Inc.

	 
	


A. Scott Dockter





	 	 	
 

	 
	
 

	 	 	
 

	 
	/s/ Teresa Dockter	 	 	/s/ Todd Gauer	 
	Teresa Dockter	 	 	Todd Gauer, CFO	 







 


 




  





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EXHIBIT 1


 


The “Property”


 


The unpatented mining claims located in Lassen County, California, as identified below:








	
Claim Name

	
BLM Serial No.

	
Legal


Description

	
Federal Lands [MDBM]

	
Acres


	
USMC 1

	  	
W1/2 NW1/4  NE1/4

	
Sec.12, T.22 N., R 17 E.

	
20


	
USMC 2

	  	
E1/2 NW1/4  NE1/4

	
Sec.12, T.22 N., R 17 E.

	
20


	
USMC 3

	  	
W1/2 Lot 1

	
Sec.12, T.22 N., R 17 E.

	
27.5


	
USMC 4

	  	
E1/2 Lot 1

	
Sec.12, T.22 N., R 17 E.

	
27.5


	
USMC 5

	  	
W1/2 SW1/4  NE1/4

	
Sec.12, T.22 N., R 17 E.

	
20


	
USMC 6

	  	
E1/2 SW1/4  NE1/4

	
Sec.12, T.22 N., R 17 E.

	
20


	
USMC 7

	  	
W1/2 Lot 2

	
Sec.12, T.22 N., R 17 E.

	
27.5


	
USMC 8

	  	
E1/2 Lot 2

	
Sec.12, T.22 N., R 17 E.

	
27.5


	
USMC 9

	  	
W1/2 NW1/4  SE1/4

	
Sec.12, T.22 N., R 17 E.

	
20


	
USMC 10

	  	
E1/2 NW1/4  SE1/4

	
Sec.12, T.22 N., R 17 E.

	
20


	
USMC 11

	  	
W1/2 Lot 3

	
Sec.12, T.22 N., R 17 E.

	
27.5


	
USMC 12

	  	
E1/2 Lot 3

	
Sec.12, T.22 N., R 17 E.

	
27.5


	
USMC 13

	  	
W1/2 SW1/4  SE1/4

	
Sec.12, T.22 N., R 17 E.

	
19.5


	
USMC 14

	  	
E1/2 SW1/4  SE1/4

	
Sec.12, T.22 N., R 17 E.

	
19.5


	
USMC 15

	  	
W1/2 Lot 4

	
Sec.12, T.22 N., R 17 E.

	
27


	
USMC 16

	  	
E1/2 Lot 4

	
Sec.12, T.22 N., R 17 E.

	
27


	
USMC 17

	  	
W1/2 NW1/4  NE1/4

	
Sec.13, T.22 N., R 17 E.

	
20


	
USMC 18

	  	
E1/2 NW1/4  NE1/4

	
Sec.13, T.22 N., R 17 E.

	
20


	
USMC 19

	  	
W1/2 Lot 1

	
Sec.13, T.22 N., R 17 E.

	
27.5


	
USMC 20

	  	
E1/2 Lot 1

	
Sec.13, T.22 N., R 17 E.

	
27.5


	
USMC 21

	  	
W1/2 SW1/4  NE1/4

	
Sec.13, T.22 N., R 17 E.

	
20


	
USMC 22

	  	
E1/2 SW1/4  NE1/4

	
Sec.13, T.22 N., R 17 E.

	
20


	
USMC 23

	  	
W1/2 Lot 2

	
Sec.13, T.22 N., R 17 E.

	
27.5


	
USMC 24

	  	
E1/2 Lot 2

	
Sec.13, T.22 N., R 17 E.

	
27.5


































  





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EXHIBIT 1 - Continued







The “Property”







The unpatented mining claims located in Lassen County, California, as identified below:


 



	
Claim Name

	
BLM Serial No.

	
Legal


Description

	
Federal Lands [MDBM]

	
Acres


	
USMC 25

	  	
W1/2 NW1/4  SE1/4

	
Sec.13, T.22 N., R 17 E.

	
20.5


	
USMC 26

	  	
E1/2 NW1/4  SE1/4

	
Sec.13, T.22 N., R 17 E.

	
20.5


	
USMC 27

	  	
W1/2 Lot 3

	
Sec.13, T.22 N., R 17 E.

	
28.5


	
USMC 28

	  	
E1/2 Lot 3

	
Sec.13, T.22 N., R 17 E.

	
28.5


	
USMC 29

	  	
W1/2 SW1/4  SE1/4

	
Sec.13, T.22 N., R 17 E.

	
20.5


	
USMC 30

	  	
E1/2 SW1/4  SE1/4

	
Sec.13, T.22 N., R 17 E.

	
20.5


	
USMC 31

	  	
W1/2 Lot 4

	
Sec.13, T.22 N., R 17 E.

	
29


	
USMC 32

	  	
E1/2 Lot 4

	
Sec.13, T.22 N., R 17 E.

	
29


	
USMC 33

	  	
W1/2 of Lot 1

	
Sec.24, T.22 N., R 17 E.

	
26


	
USMC 34

	  	
E1/2 of Lot 1

	
Sec.24, T.22 N., R 17 E.

	
26


	
USMC 35

	  	
W1/2 NW 1/4 SW 1/4

	
Sec.1, T.22 N., R 17 E.

	
19


	
USMC 36

	  	
E1/2 NW 1/4 SW 1/4

	
Sec.1, T.22 N., R 17 E.

	
19


	
USMC 37

	  	
W1/2 NE 1/4 SW 1/4

	
Sec.1, T.22 N., R 17 E.

	
19.5


	
USMC 38

	  	
E1/2 NE 1/4 SW 1/4

	
Sec.1, T.22 N., R 17 E.

	
19.5


	
USMC 39

	  	
W1/2 NW 1/4 SE 1/4

	
Sec.1, T.22 N., R 17 E.

	
19.5


	
USMC 40

	  	
E1/2 NW 1/4 SE 1/4

	
Sec.1, T.22 N., R 17 E.

	
19.5


	
USMC 41

	  	
W1/2 NE 1/4 SE 1/4

	
Sec.1, T.22 N., R 17 E.

	
23


	
USMC 42

	  	
E1/2 NE 1/4 SE 1/4

	
Sec.1, T.22 N., R 17 E.

	
23


	
USMC 43

	  	
W1/2 SW 1/4 SW 1/4

	
Sec.1, T.22 N., R 17 E.

	
19


	
USMC 44

	  	
E1/2 SW 1/4 SW 1/4

	
Sec.1, T.22 N., R 17 E.

	
19


	
USMC 45

	  	
W1/2 SE 1/4 SW 1/4

	
Sec.1, T.22 N., R 17 E.

	
19


	
USMC 46

	  	
E1/2 SE 1/4 SW 1/4

	
Sec.1, T.22 N., R 17 E.

	
19


	
USMC 47

	  	
W1/2 SW 1/4 SE 1/4

	
Sec.1, T.22 N., R 17 E.

	
19.5


	
USMC 48

	  	
E1/2 SW 1/4 SE 1/4

	
Sec.1, T.22 N., R 17 E.

	
19.5


	
USMC 49

	  	
W1/2 SE 1/4 SE 1/4

	
Sec.1, T.22 N., R 17 E.

	
25.5


	
USMC 50

	  	
E1/2 SE 1/4 SE 1/4

	
Sec.1, T.22 N., R 17 E.

	
25.5












A total acres held in claim = 2,345


 







 




  





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EXHIBIT 1-A


 


The “Premises”


 


 



	
 

	
●

	
Premises Identified as Assessor’s Parcel Number 145-030-2211.







 



	
 

	
●

	
All fixed assets upon said parcel.







 



	
 

	
●

	
All tangible and intangible assets upon listed parcel.







 



	
 

	
●

	
All equipment upon listed parcel.



























 


 


 


 


 


 


 




 



























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