Document:

Exhibit
      10.14

     

    THIS
      AGREEMENT MADE THIS 4th
      DAY OF
      JUNE, 2007

    

    BETWEEN:

    Pacific
      Copper Corp.

    1226
      White Oaks Boulevard

    Suite
      10A
      Oakville Ontario

    L6H
      2B9

    (together
      hereinafter called the said “Pacific”)

    

    OF
      THE
      FIRST PART

    AND:

    473203
      B.C. LTD. dba

    Nicola
      Diamond Drilling

    1270
      Salish Rd

    Kamloops,
      BC

    (hereinafter
      called “NICOLA”)

    

    OF
      THE
      SECOND PART

    AND:

    Larry
      Sostad

    818
      - 470
      Granville St.

    Vancouver,
      BC V6C 1V5

    (hereinafter
      called “Sostad”)

    OF
      THE
      THIRD PART

    

    WHEREAS
      Pacific has requested NICOLA to complete a minimum of 5,000 (Five thousand)
      feet, of diamond drilling during the 2007 field season, along with the other
      services as herein set forth, on Pacific’s properties at, about, or near the
      Mazama Claims that are located in Okanagan County, Washington State,
      U.S.A.

    

    AND
      WHEREAS NICOLA has agreed to do the said diamond drilling and to perform the
      other services required upon the terms, conditions and provisos herein
      contained.

    

    NOW
      THEREFORE this agreement Witnesseth that in consideration of the payment of
      the
      amount herein stipulated and of the mutual covenants hereinafter contained,
      the
      parties hereto agree as follows:

    

    SCHEDULE
      OF RATES –
      CORING RATES

    

    THAT
      Pacific hereby employs NICOLA to drill on any of Pacific’s properties at, about,
      or near the Mazama Claims that are located in Okanagan County, Washington State,
      U.S.A. (hereinafter referred to as the “said property”) a series of bore holes
      using an NQ core barrel producing a core of approximately two (2) inches or
      less. Pacific agrees to pay NICOLA on a by the foot bases for all drilling,
      according to the following schedule and/or rates:

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    
      	
              Holes

            	 	
              
                From

              

            	
               

            	
               

            	
               

            	
              To

            	
               

            	
              Price/Foot

            	 
	
              1-7
                or more

            	 	 	
              0 feet 

            	 	 	
              to

            	 	 	
              150
                feet

            	 	 	
              $35.00 US funds per foot

            	 
	
              1-7
                or more

            	 	 	
              150
                feet

            	 	 	
              to

            	 	 	
              300
                feet

            	 	 	
              $37.00 US funds per foot

            	 

    

    

    It
      is
      understood that measurements of all bore holes for the above stated period
      of
      drilling shall be from the top of the casing or stand pipe, as the case may
      be.

    

    NICOLA
      does not guarantee the direction of any hole beyond the collar and will make
      best efforts to get as high of percentage of core recovery as due diligence
      and
      current techniques will allow. NICOLA does not guarantee to drill any hole
      to
      any specified depth but will make best efforts to complete all
      holes.

    

    Daily
      core samples will be available at the drilling sites for Pacific to pick up.
      Daily core samples shall be the whole responsibility of Pacific including but
      not limited to pick-up and transportation.

    

    FIELD
      COST

    

    THAT
      it
      is agreed that field cost be defined as all direct or indirect labour, including
      supervision, drill and support equipment per hour, all pipe, tools or casing
      lost, any diamond products, and all materials, services and supplies used or
      consumed in this field of work shall be paid by Pacific including the
      following:

    

    
      	
              RATES:

            	 
	
              Labour:

            	
              $65.00
                per man hour

            
	
              Drill:

            	
              $110.00
                per drill hour

            
	
              Tractor
                Trailer:

            	
              $110.00
                per hour

            
	
              4x4
                (each)

            	
              $100.00
                per day

            
	
              ATV
                (each)

            	
              $79.55
                per day

            
	
              Supply
                Pump (bean 420)

            	
              $75.00
                per day

            

    

    Materials
      or services required (F.O.B. the drill site): cost
      plus
      10% (ten percent)

    

    HQ
      DRILLING

    

    It
      is
      understood that all mutually agreed to HQ diamond core drilling including all
      related activities and equipment will be charged as herein the set rates for
      NQ
      Drilling plus 10% (Ten Percent).

    

    OVERBURDEN

    

    THAT
      Pacific agrees to pay for casing or stand pipe for any Hole(s), on a field
      cost
      basis including the following schedule and/or rates:

    

    
      	
              Holes

            	 	
              
                From

              

            	 	
               

            	 	
              To

            	 	
              Price/Foot

            	 
	
              1-7
                or more 

            	 	 	
              0
                feet

            	 	 	
              to
                

            	 	 	
              30
                feet

            	 	
               

            	
              $35.00 US funds per foot

            	 

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    MOBILIZATION
      –
      DEMOBILIZATION

    

    THAT
      NICOLA agrees to move its equipment, personnel, vehicles, and supplies, from
      their current place of rest to the Mazama property and from the Mazama property
      back again, on a field cost basis.

     

    MOVING
      BETWEEN HOLES – SETTING
      UP – TEARING
      DOWN

    

    THAT
      Pacific agrees that hours employed tearing down the drill and support equipment,
      moving the drill and support equipment between holes, setting up the drill
      and
      support equipment and all related activities, including the drilling of any
      needed anchors, will be charged on a field cost basis.

    

    WATER
      SUPPLY

    

    That
      NICOLA agrees that the above schedule of rates is deemed to include the pumping
      of water for drilling from an adequate
      water
      source up to a lateral distance of 450 (four hundred fifty) feet and/or lift
      of
      less than 75 (seventy-five) feet during none freezing temperatures. Should
      any
      of the above water requirements be exceeded, NICOLA will when ever possible
      supply the needed extra equipment and man hours on a field cost basis. The
      setup, removal and maintenance of all drill related water systems including
      but
      not limited to lines, heaters, shacks, and pumps will be charged at a field
      cost
      rate.

    

    DRILLING
      WITH MUD – HOLE STABILIZING

    

    THAT
      it
      is mutually agreed that should any stabilizing or mud be required, to aid in
      core recovery and hole completion, including any grease and/or additives, while
      core drilling, such mud additives and/or activities will be charged on a field
      cost basis.

    

    That
      hole(s) stabilizing shall mean reaming, circulating mud and/or additives through
      cavities, loose or caving materials or faulted areas and any related
      activities.

    

    

    DOWNHOLE
      TESTING

    

    THAT
      NICOLA agrees to do any acid drip and/or any down hole surveying tests as
      requested by Pacific representative on a field cost basis. Any lost or damaged
      hole testing equipment will be charged to Pacific on a field cost
      basis.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    CORE
      BOXES

    

    Pacific
      agrees to supply all core boxes, in the correct size along with lids for
      transporting at no cost to NICOLA.

    

    REAMING
      AND CASING

    

    THAT
      Pacific agrees that any reaming of rods and/or casing along with the cementing
      due to poor hold conditions shall be completed on a field const basis. Casing
      and/or would also be charged at the rate of $9.00 per foot reamed.

    

    CAVED
      OR BROKEN GROUND

    

    THAT
      in
      the event that cavities and/or loose and/or swelling ground and caving materials
      and/or excessive water are encountered of a nature to prevent the successful
      completion of any hole, NICOLA does not, under such conditions but not limited
      to such conditions, guarantee to drill to pre-determined depth. In the event
      it
      becomes necessary to abandon the hole, Pacific agrees to pay for such incomplete
      holes and the rate herein specified for all foots completed. In the event that
      caved or broken ground conditions prevent normal drilling, including but not
      limited to the blocking of the inner tube assembly from locking position, any
      needed techniques used to fix and/or prevent this from happening will be charged
      on a field cost basis.

    

    LOST
      OR DAMAGED EQUIPMENT

    

    Whenever
      conditions cause pipe, casing and/or any attachments to be damaged, lost, left
      and/or stuck in a hole, Pacific agrees to pay for said casing, pipe and all
      attachments at field cost rates. Any time spent on the process to retrieve
      or
      fix the said pieces will be charged on a field cost basis.

    

    DIRECTIONAL
      AND CONTROLLED DRILLIDNG

    

    THAT
      it
      is mutually agreed that directional drilling to change the direction of a drill
      hole and controlled drilling to maintain the angle of a bore hole shall not
      be
      part of this agreement.

    

    ACCESS
      ROADS – DRILL SITES

    

    Pacific
      is also responsible for and agrees to properly prepare the access roads to
      and
      from the drill sites including the drill pads and sumps at no charge to NICOLA.
      NICOLA agrees to case and drill on the sites and at angles and azimuth selected
      by the Pacific representative relating to the place and time of drilling. Both
      Pacific and NICOLA agrees that no drilling hole shall be collared at an angle
      of
      less than 45 (forty-five) degrees. Any of NICOLA’S resources (man, equipment,
      supplies), spent and/or used on the building, preparing or cleaning up of any
      roads, pads or drill sites will be charged at a field cost
      rate.

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    

    TRAVEL

    

    Daily
      travel time for any and all drilling related activities of men and supplies
      will
      be charged on a field cost basis.

    

    FUELS
      AND OILS

    

    That
      Pacific agrees to pay for all fuels, oils and greases necessary for the
      completion of the minimum foots, including any drilling beyond the minimum
      to be
      drilled, at no cost to Nicola.

    

    BOARD
      AND LODGING

    

    THAT
      Pacific will supply board and lodging suitable to NICOLA for any and all
      NICOLA’S personnel at no cost to NICOLA.

    

    RIGHTS
      OF WAY, INGRESS AND EGRESS

    

    THAT
      Pacific shall prove, at no cost to NICOLA, all rights of way and ingress and
      egress to all lands that may be required to enable NICOLA to carry out the
      work
      as specified. NICOLA shall be permitted through Pacific to cut and fell any
      timber on Pacific’s Mineral property as may be required in the course of work.
      Pacific shall obtain prior permission as required by the relevant authorities
      in
      accordance with all rules and regulations of the necessary authorities before
      giving specific instructions to NICOLA.

     

    DAILY
      SHIFT RPORTS

    

    THAT
      Pacific agrees to have representatives or agents on or near the property to
      sign
      daily shift reports on a regular basis and that cost items, hours and core
      drilled shall be deemed accepted but not limited to the said
      reports.

    

    PAYMENTS

    

    THAT
      it
      is mutually agreed between the parties that invoices will be rendered at the
      rates specified in the herein agreement in US Funds and payment of the invoices
      shall be due and owing on issuance of invoices and in accordance with the terms
      hereinafter set out, that is:

    

    Invoices
      shall be issued for all work preformed no less than every 14 days, and payment
      in US Funds shall be due and owing and payable upon receipt.

    

    Where
      default of payment in US Funds of the invoice occurs the interest rate of 2%
      (two percent) monthly, 24% (twenty four percent) yearly, will be added on
      outstanding invoice(s). Compounded shall be payable in US Funds and all costs,
      charges and expenses made in collection of the invoice(s) outstanding and unpaid
      shall be added to the balances outstanding and be payable in US Funds forthwith
      together with interest at the said rate.

    

    Where
      default of payment of the invoice(s) occurs NICOLA reserves the right to put
      its
      equipment and personnel on stand-by and/or if it wishes remove its equipment
      and
      personnel from property.

    

    All
      payments due under this agreement shall be made by Sostad on behalf of
      Pacific.

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    Pacific
      shall initially advance $150,000 to Sostad to be deposited in a separate account
      and paid to NICOLA against invoices addressed to Pacific and approved by
      Sostad.

    

    Unless
      otherwise agreed, Pacific shall continue to advance funds to Sostad as required
      to meet all payments due to NICOLA

    

    SECURITY

    

    THAT
      NICOLA will not give out any information regarding drill results or give access
      of core to any person other than to any of Pacific’s employees.

    

    ENVIRONMENTAL
      REQUIREMENTS

    

    All
      labour, supplies and equipment used by NICOLA for any and all environmental
      issues will be charged on a field cost basis.

    

    COMPENSATION
      AND INSURANCE

    

    THAT
      NICOLA shall maintain coverage for all its personnel under the Worker’s
      Compensation Laws of Washington State, Okanagan County. NICOLA shall provide,
      maintain, and pay for public, automobile and Comprehensive General Liability
      Insurance in the amount of a minimum $1,000,000.00 (One Million Dollars) per
      occurrence, excluding any claims arising out of any negligent act or omission
      of
      NICOLA its servants or agents. NICOLA shall not be responsible for strikes,
      fires, and Acts of God for any damages due to any cause beyond its active
      control. NICOLA shall provide proof of such insurance to Pacific prior to
      commencement of any work on Pacific’s properties.

    

    DISCIPLINE

    

    NICOLA
      shall at all times enforce strict discipline and maintain good order among
      its
      employees. Any employee of NICOLA who is justifiably objectionable and
      unsatisfactory to Pacific shall be removed from the job and replaced by an
      employee who is deemed satisfactory as soon as possible.

    

    PROGRAM
      SCHEDULE

    

    The
      drilling program will commence on approximately April 15th, 2007 as long as
      the
      drill, equipment and personnel are available. A minimum of 1 (One) drill with
      up
      to three workers, 1 (one) driller and up to 2 (two) driller helpers per drill
      will be used for the program. Work will proceed with the two shits working
      12
      hours (TWELVE HOURS) per shift, 7 (SEVEN) days per week, or as near to this
      schedule as can be maintained. Drilling will continue until the lesser of 5000
      (Five thousand) feet has been drilled or 45 (Forty Five) days has passed.
      Further core drilling can continue either after the minimum feet have been
      drilled and/or the maximum days have passed under the terms of this contract
      if
      NICOLA wishes and the total feet to be drilled have not been
      completed.

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    

    STAND
      BY 

    

    Should
      NICOLA be on stand by, for any reason directly or indirectly related to the
      drilling of the minimum footage including air support and/or the weather
      conditions then Pacific agrees to pay for stand by on a field cost basis
      continuously until the delay is removed, corrected and/or goes
      away.

    

    DEPOSIT-RETAINING
      FEE

    

    That
      Pacific agrees, on signing of this statement, to advance a retaining fee of
      $50,000.00 (Fifty Thousand Dollars) to NICOLA and will be applied against final
      invoices. 

    

    COUNTERPARTS

    

    This
      Agreement may be executed in multiple counterparts, each of which shall be
      deemed an original, and all of which together shall constitute one and the
      same
      instrument. Execution and delivery of this Agreement by exchange of facsimile
      copies bearing facsimile signature of a party shall constitute a valid and
      binding execution and delivery of this Agreement by such party. Such facsimile
      copies shall constitute enforceable original documents.

    

    IN
      WITNESS THEREFORE the parties hereto have hereunto have executed this agreement
      as of the date first written above.

    

    
      	
              /s/Victor
                Coutlee

            
	
              Victor
                Coutlee, President

            
	
              473203
                B.C. LTD.

            
	
              dba
                NICOLA DIAMOND DRILLING

            
	 
	
              /s/Stafford
                Kelley

            
	
              Stafford
                Kelley, Corporate Secretary

            
	
              Pacific
                Copper Corp.

            
	 
	
              /s/Larry
                Sostad

            
	
              Larry
                Sostad

            

    

     

    
      
        
        

      

      
        7Unassociated Document

    Exhibit
      10.15

     

    SUBSCRIPTION
      AGREEMENT

     

    This
      Agreement is made as of the ___ day of ___________, 2007 and between the
      undersigned subscriber (the “Subscriber”) and Pacific Copper Corp. a Delaware
      corporation (the “Corporation”).

     

    RECITAL

     

    The
      Subscriber desires to subscribe for and purchase from the Corporation and the
      Corporation desires to issue to the Subscriber Units of the Corporation in
      accordance with the terms and conditions of this Agreement. 

     

    AGREEMENT

     

    NOW,
      THEREFORE,
      in
      consideration of the mutual promises and covenants contained in this Agreement,
      the Corporation and the Subscriber hereby agree as follows:

     

    
      	 	
              1.

            	
              Subscription.
                The Subscriber shall purchase, and the Corporation shall issue,
                _____________ units of the Corporation (the “Units”) for the price of
                $___________ (U.S. funds) (the “Purchase Price”). Each Unit shall consist
                of one common share (the “Share(s)”) and one half a common share purchase
                warrant (the “Warrant(s)”), Each full Warrant will be exercisable for one
                common share at $0.75 (US funds) per share on or before April 30,
                2009.
                Except as required by law, subsequent to delivery of this Agreement,
                the
                subscription evidenced hereby is
                irrevocable.

            

    

        

    
      	 	
              2.

            	
              Payment
                of Purchase Price.

            

    

     

    
      	
            	a.	
              The
                Subscriber submits herewith a bank draft or certified check for the
                full
                Purchase Price payable to Pacific Copper Corp. and delivers to the
                Corporation the attached hereto as Exhibit A and such other documents
                and
                instruments as may be reasonably required by the Corporation.
                

            

    

     

    
      	
            	b.	
              The
                “Closing” means the transactions relating to the sale and purchase of the
                Units, which will take place on receipt of the items referred to
                in (a)
                above.

            

    

     

    
      	 	
              3.

            	
              Representations
                by Subscriber.
                The Subscriber represents and warrants to the Corporation as
                follows:

            

    

     

    
      	 	
              a.

            	
              He
                is acquiring the Units for his own account as principal, for investment
                and not with a view to resale or distribution. Immediately prior
                to
                purchasing the Units:

            

    

     

    
      	 	
              i.

            	
              he
                is an “accredited investor” as that term is defined in Rule 501(a) under
                the Securities Act of 1933, as amended (the “Securities Act”) or if a
                Canadian citizen under National Policy 45-106 or he has such knowledge
                and
                experience in financial and business matters that he is capable of
                evaluating the merits and risks involved in purchasing the Units;
                and

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	 	
              ii.

            	
              he
                is able to bear the economic risk of purchasing the Units (i.e.,
                at the
                time of purchasing the Units he could afford a complete loss without
                having his standard of living materially affected
                thereby).

            

    

     

    
      	 	
              b.

            	
              He
                has been informed as to, and is familiar with, the business activities
                of
                the Corporation and its affiliates, and has had an opportunity and
                proceeded, or waived the opportunity, to (i) review the books and
                records
                of the Corporation and its affiliates and to ask questions of, and
                receive
                answers from, appropriate representatives of the Corporation and
                its
                affiliates concerning the Corporation and its affiliates and the
                terms and
                conditions of this Agreement, and (ii) obtain and review all additional
                information relating to the history and proposed business plan of
                the
                Corporation and its affiliates that he deems necessary.
                

            

    

     

    
      	 	
              c.

            	
              He
                fully understands that this offering has not been registered under
                the
                Securities Act in reliance upon exemptions therefrom, and, accordingly,
                to
                the extent that he is not supplied with the information which would
                have
                been contained in a registration statement filed under the Securities
                Act,
                he must rely on his own access to such
                information.

            

    

     

    
      	 	
              d.

            	
              He
                has had an opportunity to obtain and has obtained a general and complete
                understanding satisfactory to him of the Corporation, its affiliates
                and
                their services, potential assets, finances, and manner of doing business
                sufficient to permit him to evaluate (i) the Corporation and its
                prospects
                and (ii) the risks and merits of purchasing the Units.
                

            

    

     

    
      	 	
              e.

            	
              He
                (i) recognizes that purchasing the Units involves risk, (ii) has
                carefully
                considered whether purchasing the Units is appropriate for him, and
                (iii)
                has obtained such individual financial, tax and legal advice as he
                deems
                necessary or appropriate to fully understand the risks involved and
                to
                evaluate an investment in the
                Units.

            

    

     

    
      	 	
              f.

            	
              He
                recognizes that he must bear the economic risk involved in purchasing
                the
                Units for an indefinite period of time because, among other reasons,
                the
                Units or the underlying Shares or Warrant Shares have not been registered
                under the Securities Act and therefore cannot be sold, pledged, assigned
                or otherwise disposed of unless (i) they are subsequently registered
                under
                the Securities Act or (ii) an exemption from such registration is
                available and an opinion of counsel acceptable to the Corporation
                that the
                transfer is not in violation of any federal securities act or state
                securities law is provided to the
                Corporation.

            

    

     

    
      	 	
              g.

            	
              All
                information which he has provided to the Corporation, whether provided
                by
                him directly or indirectly, concerning himself, his financial position
                and
                his knowledge of financial and business matters is correct and complete
                as
                of the date of this Agreement. He will notify the Corporation immediately
                if, prior to the date of this Agreement, there is any material change
                in
                any information provided to the Corporation by
                him.

            

    

     

    
      	 	
              h.

            	
              He
                recognizes that no federal or state agency has passed upon the offering
                of
                the Units to him or to any other person or made any finding or
                determination regarding the fairness of such
                offering.

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    
      	 	
              i.

            	
              He
                understands that neither the Corporation nor any associates or affiliates
                thereof are guaranteeing the success of or any return from the
                Corporation.

            

    

     

    
      	 	
              j.

            	
              He
                recognizes that there is no current market for the Units, the Shares
                or
                the Warrant Shares; that there can be no assurances that such a market
                will exist any time in the future and accordingly he may not be able
                to
                sell or dispose of any of the Units, the Shares or the Warrant Shares
                even
                if he had held them for a number of years; that his right to transfer
                the
                Shares or Warrant Shares will be restricted by federal and state
                securities laws and a legend to this effect will be placed on the
                certificates representing the Shares and Warrant Shares if they are
                issued
                prior to being registered; that such laws impose strict limitations
                upon
                such transfer; and although the Corporation is undertaking to file
                a
                registration statement as set out herein there is no guarantee that
                said
                registration statement will become effective and the Corporation,
                other
                than its undertaking, is under no obligation in connection with the
                subsequent transfer thereof by him or to aid him in obtaining an
                exemption
                from such registration.

            

    

     

    
      	 	
              k.

            	
              If
                the subscriber is not a U.S. person and the Shares or Warrant Shares
                are
                being offered outside the United States, the following representations
                and
                warranties of the Subscriber, among other things, pertain to U.S.
                securities laws and the sale or transfer in the United States of
                the
                Shares or Warrant Shares. The Subscriber represents and warrants
                to the
                Corporation as follows:

            

    

     

    The
      Subscriber understands that prior to the registration of the Shares or Warrant
      Shares in the U.S., such securities may not be offered or sold, directly or
      indirectly, in the United States to or, or for the account or benefit of, a
      “U.S. Person” (as defined in Rule 902 of Regulation S promulgated under the
      Securities Act), which definition includes, but is not limited to: (1) any
      natural person resident in the United States, (2) any partnership or corporation
      organized under the laws of the United States, (3) any estate or trust of which
      the executor or administrator or trustee, respectively, is a U.S. person, (4)
      any discretionary or non-discretionary account held by a dealer or fiduciary
      for
      the benefit or account of a U.S. person and any partnership or company organized
      or incorporated under the laws of a foreign jurisdiction by a U.S. person
      principally for the purpose of investing in securities not registered under
      the
      Securities Act (a “U.S. Person”) until registered under the Securities Act and
      the securities laws of all applicable states or unless an exemption from such
      registration requirements is available. The Subscriber agrees not to engage
      in
      any hedging transaction involving of the Shares or Warrant Shares.

    

    The
      Subscriber understands that the Corporation may implement procedures to ensure
      that the Shares or Warrant Shares may not be delivered within the United States
      other than in offerings deemed to meet the definition of an “offshore
      transaction” pursuant to Rule 902(h) of Regulation S promulgated under the
      Securities Act or an exemption from registration under the Securities Act is
      available.

    

    If
      the
      Shares or Warrant Shares are certificated prior to registration and the
      shareholder is a non-U.S. person, a restrictive legend in substantially the
      following form shall be placed on each such certificate evidencing any of the
      Shares and Warrant Shares:

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    The
      shares represented by this Certificate have not been registered under the United
      States Securities Act of 1933, as amended (the “Securities Act”) or under any
      applicable state securities laws (the “State Laws”). The shares have been
      acquired for investment purposes and may not be sold, transferred, pledged
      or
      otherwise disposed of except in compliance with the registration requirements
      of
      the Securities Act and applicable State Laws, or pursuant to applicable
      exemptions from such registration requirements which may include sale through
      a
      Designated Offshore Securities Market. Further, unless the shares represented
      by
      this Certificate have been registered under the Securities Act, the sale,
      transfer, pledge or other disposition of these shares in the United States
      is
      prohibited except in accordance with the provisions of Regulation S (Rule 901
      through 905 and the Preliminary Notes) promulgated under the Securities
      Act.

     

    Any
      transfer of the Shares or Warrant Shares on the books and records of the
      Corporation will only be affected in accordance with such legend.

     

    
      	 	
              l.

            	
              If
                the Subscriber is a non-U.S. citizen, the Subscriber undertakes and
                agrees
                that it will not offer or sell the Shares
                or Warrant Shares
                in
                the United States unless such Shares
                or Warrant Shares
                are registered under the U.S. Securities Act and the securities laws
                of
                all applicable states of the United States or an exemption from such
                registration requirements is available, and further that it will
                not
                resell the Securities in any jurisdiction, except in accordance with
                the
                provisions of applicable securities legislation, regulations, rules,
                policies and orders and stock exchange
                rules.

            

    

     

    
      	 	
              4.

            	
              Registration
                Corporation undertakes to include the Shares and Warrant Shares issued
                to
                the Subscriber in a re-sale registration statement on Form SB-2 to
                be
                filed under the provisions of the Securities and Exchange Act of
                1933 as
                amended. These Shares may not be transferred prior to (a) such
                registration statement being made effective by the SEC or (b) the
                consent
                of the board of directors of the Corporation if an exemption from
                registration under the Act and any applicable State regulation is
                available.

            

    

     

    
      	 	
              5.

            	
              Lock
                Up Agreement Once
                registered the Shares will be subject to a Lock Up Agreement providing
                that one third of the Shares may be re-sold when the registration
                statement becomes effective, one third may be re-sold 90 days from
                the
                date of effectiveness, and one third may be re-sold 180 days from
                the date
                of effectiveness. Each subscriber will be issued three certificates
                for
                the Shares subscribed for and two of those certificates will be legended
                to reflect the forgoing restrictions on re-sale. The Warrant Shares
                will
                be free trading when issued.

            

    

    

    
      	 	
              6.

            	
              Applicable
                Law.
                This Agreement shall be construed in accordance with and governed
                by the
                laws of the State of Delaware, without regard to the principles of
                conflict of laws.

            

    

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    
      	 	
              7.

            	
              Binding
                Effect.
                Except as otherwise provided herein, this Agreement shall be binding
                upon
                and inure to the benefit of the Corporation and the Subscriber and
                their
                successors, heirs, executors, administrators, legal representatives
                and
                assigns.

            

    

     

    
      	 	
              8.

            	
              Assignments.
                This Agreement may not be assigned by any of the parties hereto.
                

            

    

     

    
      	 	
              9.

            	
              Entire
                Agreement.
                This Agreement constitutes the entire agreement between the parties
                pertaining to the subject matter hereof and supersedes any prior
                understandings, oral or written.

            

    

     

    
      	 	
              10.

            	
              Notices.
                Any notice required to be given in connection with this Agreement
                will be
                in writing and delivered personally, by registered or certified mail
                (return receipt requested), or sent by facsimile transmission with
                a
                confirmation sent by way of one of the above methods, addressed to
                the
                recipient at the address set forth
                below:

            

    

     

    
      	 	
              a.

            	
              If
                to the Subscriber, to the address set forth on the signature page
                hereto.

            

    

     

    
      	 	
              b.

            	
              If
                to the Corporation, addressed to:

            

    

     

    Pacific
      Copper Corp.

    1226
      White Oaks Blvd., Suite 10A

    Oakville,
      ON L6H 2B9

    

    
      	 	
              11.

            	
              Counterparts.
                This Agreement may be executed in multiple counterparts, each of
                which
                shall be deemed an original, and all of which together shall constitute
                one and the same instrument. Execution and delivery of this Agreement
                by
                exchange of facsimile copies bearing facsimile signature of a party
                shall
                constitute a valid and binding execution and delivery of this Agreement
                by
                such party. Such facsimile copies shall constitute enforceable original
                documents.

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    SUBSCRIPTION
      AGREEMENT SIGNATURE PAGE

     

    Number
      of
      Units subscribed for: ___________

    

    Total
      Amount Paid: $_____________

     

    
      
        	 
	
                (Signature
                  of subscriber)

              
	 
	 
	
                (Printed
                  name of subscriber)

              
	 
	 
	
                Address

              
	 
	 
	
                Address

              
	 
	 
	
                Email
                  Address

              
	 
	 
	
                Phone
                  Numbers

              

      

    

     

    Subscription
      for _____________ Units accepted as of ______________, 2007.

    

    
      	
              Pacific
                Copper Corp.

            
	 	 
	
              By:

            	 

    

     

    PLEASE
      COMPLETE SCHEDULE A

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    

    SCHEDULE
      “A”

     

    Accredited
      Investor
      -
      (defined in NI 45-106) means:

     

    
      	
              o

            	
              (a)

            	
              an
                individual who, either alone or with a spouse, beneficially owns,
                directly
                or indirectly, financial assets having an aggregate realizable value
                that
                before taxes, but net of any related liabilities, exceeds
                $1,000,000;

            
	 	 	 
	
              
                o

              

            	
              (b)

            	
              an
                individual whose net income before taxes exceeded $200,000 in each
                of the
                2 most recent calendar years or whose net income before taxes combined
                with that of a spouse exceeded $300,000 in each of the 2 most recent
                calendar years and who, in either case, reasonably expects to exceed
                that
                net income level in the current calendar year;

            
	 	 	 
	
              
                o

              

            	
              (c)

            	
              an
                individual who, either alone or with a spouse, has net assets of
                at least
                $5,000,000;

            
	 	 	 
	
              
                o

              

            	
              (d)

            	
              a
                person, other than an individual or investment fund, that has net
                assets
                of at least $5,000,000 as shown on its most recently prepared financial
                statements;

            
	 	 	 
	
              
                o

              

            	
              (e)

            	
              a
                person in respect of which all of the owners of interests, direct,
                indirect or beneficial, except the voting securities required by
                law to be
                owned by directors, are persons that are accredited
                investors;

            
	 	 	 
	
              
                o

              

            	
              (f)

            	
              a
                Canadian financial institution, or a Schedule III bank;

            
	 	 	 
	
              
                o

              

            	
              (g)

            	
              the
                Business Development Bank of Canada incorporated under the Business
                Development Bank of Canada Act (Canada);

            
	 	 	 
	
              
                o

              

            	
              (h)

            	
              a
                subsidiary of any person referred to in paragraphs (f) or (g), if
                the
                person owns all of the voting securities of the subsidiary, except
                the
                voting securities required by law to be owned by directors of that
                subsidiary;

            
	 	 	 
	
              
                o

              

            	
              (i)

            	
              a
                person registered under the securities legislation of a jurisdiction
                of
                Canada as an adviser or dealer, other than a person registered solely
                as a
                limited market dealer under one or both of the Securities Act (Ontario)
                or
                the Securities Act (Newfoundland and Labrador);

            
	 	 	 
	
              
                o

              

            	
              (j)

            	
              an
                individual registered or formerly registered under the securities
                legislation of a jurisdiction of Canada as a representative of a
                person
                referred to in paragraph (i);

            
	 	 	 
	
              
                o

              

            	
              (k)

            	
              the
                Government of Canada or a jurisdiction of Canada, or any crown
                corporation, agency or wholly owned entity of the Government of Canada
                or
                a jurisdiction of Canada;

            
	 	 	 
	
              
                o

              

            	
              (l)

            	
              a
                municipality, public board or commission in Canada and a metropolitan
                community, school board, the Comité de gestion de la taxe scolaire de
                l’ le de Montréal or an intermunicipal management board in
                Québec;

            
	 	 	 
	
              
                o

              

            	
              (m)

            	
              any
                national, federal, state, provincial, territorial or municipal government
                of or in any foreign jurisdiction, or any agency of that
                government;

            
	 	 	 
	
              
                o

              

            	
              (n)

            	
              a
                pension fund that is regulated by either the Office of the Superintendent
                of Financial Institutions (Canada) or a pension commission or similar
                regulatory authority of a jurisdiction of Canada;

            
	 	 	 
	
              
                o

              

            	
              (o)

            	
              an
                investment fund that distributes or has distributed its securities
                only
                to

            

    

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    

    
      	 	 	
              (i)
                a person that is or was an accredited investor at the time of the
                distribution;

            
	 	 	 
	 	 	
              (ii)
                a person that acquires or acquired securities in the circumstances
                referred to in Sections 2.10 [Minimum amount investment], and 2.19
                [Additional investment in investment funds] of NI 45-106;
                OR

            
	 	 	 
	 	 	
              (iii)
                a person described in paragraph (i) or (ii) that acquires or acquired
                securities under Section 2.18 [Investment fund reinvestment] of NI
                45-106;

            
	 	 	 
	
              
                o

              

            	
              (p)

            	
              an
                investment fund that distributes or has distributed securities under
                a
                prospectus in a jurisdiction of Canada for which the regulator or,
                in
                Québec, the securities regulatory authority, has issued a
                receipt;

            
	 	 	 
	
              
                o

              

            	
              (q)

            	
              a
                trust company or trust corporation registered or authorized to carry
                on
                business under the Trust and Loan Companies Act (Canada) or under
                comparable legislation in a jurisdiction of Canada or a foreign
                jurisdiction, acting on behalf of a fully managed account managed
                by the
                trust company or trust corporation, as the case may be;

            
	 	 	 
	
              
                o

              

            	
              (r)

            	
              a
                person acting on behalf of a fully managed account managed by that
                person,
                if that person

            
	 	 	 
	
               

            	
               

            	
              
                (i)
                  is registered or authorized to carry on business as an adviser
                  or the
                  equivalent under the securities legislation of a jurisdiction of
                  Canada or
                  a foreign jurisdiction; and

              

            
	 	 	 
	 	
               

            	
              
                (ii)
                  in Ontario, is purchasing a security that is not a security of
                  an
                  investment fund;

              

            
	 	 	 
	
               

            	
              (s)

            	
              a
                registered charity under the Income Tax Act (Canada) that, in regard
                to
                the trade, has obtained advice from an eligibility adviser or an
                adviser
                registered under the securities legislation of the jurisdiction of
                the
                registered charity to give advice on the securities being
                traded;

            
	 	 	 
	
               

            	
              (t)

            	
              an
                entity organized in a foreign jurisdiction that is analogous to any
                of the
                entities referred to in paragraphs (f) to (i) or paragraph (n) in
                form and
                function;

            
	 	 	 
	
               

            	
              (u)

            	
              an
                investment fund that is advised by a person registered as an adviser
                or a
                person that is exempt from registration as an adviser;
                OR

            
	 	 	 
	
               

            	
              (v)

            	
              a
                person that is recognized or designated by the securities regulatory
                authority or, except in Ontario and Québec, the regulator
                as

            
	 	 	 
	 	 	
              (i)
                an accredited investor; or

            
	 	 	 
	 	 	
              (ii)
                an exempt purchaser in Alberta or British Columbia after NI 45-106
                comes
                into force.

            

    

     

    For
      the
      purposes hereof:

     

    (a) “Canadian
      financial institution”
      means

     

    (i) an
      association governed by the Cooperative
      Credit Associations Act
      (Canada)
      or a central cooperative credit society for which an order has been made under
      section 473(1) of the Cooperative
      Credit Associations Act
      (Canada), or

     

    (ii) a
      bank,
      loan corporation, trust company , trust corporation, insurance company, treasury
      branch, credit union, caisse populaire, financial services cooperative, or
      league that, in each case, is authorized by an enactment of Canada or a
      jurisdiction of Canada to carry on business in Canada or a jurisdiction of
      Canada;

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    (b) “control
      person”
has
      the
      meaning ascribed to that term in securities legislation except Ontario where
      “control
      person”
means
      any person that holds or is one of a combination of persons that
      hold

     

    (i) a
      sufficient number of any of the securities of an issuer so as to affect
      materially the control of the issuer, or

     

    (ii) more
      than
      20% of the outstanding voting securities of an issuer except where there is
      evidence showing that the holding of those securities does not affect materially
      the control of that issuer;

     

    (c) “eligibility
      adviser”
means
      a
      person that is registered as an investment dealer or in an equivalent category
      of registration under the securities legislation of the jurisdiction of a
      purchaser and authorized to give advice with respect to the type of security
      being distributed;

     

    (d) “executive
      officer”
means,
      for an issuer, an individual who is

     

    (i) a
      chair,
      vice-chair or president,

     

    (ii) a
      vice-president in charge of a principal business unit, division or function
      including sales, finance or production,

     

    (iii) an
      officer of the issuer or any of its subsidiaries and who performs a
      policy-making function in respect of the issuer, or

     

    (iv) performing
      a policy-making function in respect of the issuer;

     

    (e) “financial
      assets”
means
      (i) cash, (ii) securities or (iii) a contract of insurance, a deposit or an
      evidence of a deposit that is not a security for the purposes of securities
      legislation;

     

    (f) “founder”
means,
      in respect of an issuer, a person who,

     

    (i) acting
      alone, in conjunction or in concert with one or more persons, directly or
      indirectly, takes the initiative in founding, organizing or substantially
      reorganizing the business of the issuer, and

     

    (ii) at
      the
      time of the trade is actively involved in the business of the
      issuer;

     

    (g) “fully
      managed account”
means
      an account of a client for which a person makes the investment decisions if
      that
      person has full discretion to trade in securities for the account without
      requiring the client's express consent to a transaction;

     

    (h) “investment
      fund”
has
      the
      meaning ascribed thereto in National Instrument 81-106 - Investment Fund
      Continuous Disclosure;

     

    (i) “person”
      includes

     

    (i) an
      individual, 

     

    (ii) a
      corporation,

     

    (iii) a
      partnership, trust, fund and an association, syndicate, organization or other
      organized group of persons, whether incorporated or not, and

     

    (iv) an
      individual or other person in that person's capacity as a trustee, executor,
      administrator or personal or other legal representative; 

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    (j) “related
      liabilities”
means
      

     

    (i) liabilities
      incurred or assumed for the purpose of financing the acquisition or ownership
      of
      financial assets, or

     

    (ii) liabilities
      that are secured by financial assets.

     

    (k) “spouse”
means,
      an individual who, 

     

    (i) is
      married to another individual and is not living separate and apart within the
      meaning of the Divorce
      Act
      (Canada), from the other individual, 

     

    (ii) is
      living
      with another individual in a marriage-like relationship, including a
      marriage-like relationship between individuals of the same gender,
      or

     

    (iii) in
      Alberta, is an individual referred to in paragraph (i) or (ii) immediately
      above
      or is an adult interdependent partner within the meaning of the Adult
      Interdependent Relationships Act
      (Alberta); and

     

    (l) “subsidiary”
means
      an issuer that is controlled directly or indirectly by another issuer and
      includes a subsidiary of that subsidiary;

     

    (i) Affiliated
      Entities and Control 

     

    1. An
      issuer
      is considered to be an affiliate of another issuer if one of them is a
      subsidiary of the other, or if each of them is controlled by the same
      person.

     

    2. A
      person
      (first person) is considered to control another person (second person)
      if

     

    (a) the
      first
      person, directly or indirectly, beneficially owns or exercises control or
      direction over securities of the second person carrying votes which, if
      exercised, would entitle the first person to elect a majority of the directors
      of the second person, unless the first person holds the voting securities only
      to secure an obligation,

     

    (b) the
      second person is a partnership, other than a limited partnership, and the first
      person holds more than 50% of the interests in the partnership, or

     

    (c) the
      second person is a limited partnership and the general partner of the limited
      partnership is the first person.

     

    All
      monetary references are in Canadian Dollars

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    REPRESENTATION
      LETTER

     

    (FOR
      FAMILY, FRIENDS AND BUSINESS ASSOCIATES)

     

    TO: Pacific
      Copper Corp. (the “Corporation”)

     

    In
      connection with the purchase of Units of the Corporation (“Units”) by the
      undersigned subscriber, or if applicable, the principal on whose behalf the
      undersigned purchased as agent (the “Subscriber” for the purposes of this
      letter), the Subscriber hereby represents, warrants, covenants and ratifies
      to
      the Corporation that:

     

    
      	
              1.

            	 	
              The
                Subscriber is resident in or is subject to the laws of
                _________________;

            
	 	 	 
	
              2.

            	 	
              The
                Subscriber is purchasing the Units as principal for its own
                account;

            
	 	 	 
	
              3.

            	 	
              It
                is (please initial):

            
	 	 	 
	
              ___

            	
              (a)

            	
              a
                founder, director, executive officer or control person of the Corporation,
                or of an affiliate of the Corporation; or

            
	 	 	 
	
              ___

            	
              (b)

            	
              a
                spouse, parent, grandparent, brother, sister or child of a founder,
                director, executive officer or control person of the Corporation,
                or of an
                affiliate of the Corporation; or

            
	 	 	 
	
              ___

            	
              (c)

            	
              a
                parent, grandparent, brother, sister or child of the spouse of a
                director,
                senior officer or control person of the Corporation or of an affiliate
                of
                the Corporation; or

            
	 	 	 
	
              ___

            	
              (d)

            	
              a
                close personal friend of a founder, director, executive officer or
                control
                person of the Corporation, or of an affiliate of the Corporation,
                the
                details of whose relationship is as follows; or

            
	 	 	 
	 	 	
              Length
                of Relationship

            
	 	 	 
	 	 	
              Details
                of Relationship

            
	 	 	 
	
              ___

            	
              (e)

            	
              a
                close business associate of a founder, director, executive officer
                or
                control person of the Corporation, or of an affiliate of the Corporation,
                the details of whose relationship is as follows; or

            
	 	 	 
	 	 	
              Length
                of Relationship

            
	 	 	 
	 	 	
              Prior
                Business Dealings

            
	 	 	 
	 	 	
              Details
                of Relationship

            
	 	 	 
	
              ___

               

            	
              (f)

               

            	
              a
                person or company of which a majority of the voting securities are
                beneficially owned by, or a majority of the directors are, persons
                or
                companies described in paragraphs (a) to (e) (and in the case of
                paragraphs (d) or (e), the following information is
                provided):

            

    

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    

    
      	 	 	 
	 	 	
              Length
                of Relationship

            
	 	 	 
	 	 	
              Prior
                Business Dealings (if applicable)

            
	 	 	 
	 	 	
              Details
                of Relationship

            
	 	 	 
	
              ___

            	
              (g)

            	
              a
                trust or estate of which all of the beneficiaries or a majority of
                the
                trustees are persons or companies described in paragraphs (a) to
                (e) (and
                in the case of paragraphs (d) or (e), the following information is
                provided):

            
	 	 	 
	 	 	
              Length
                of Relationship

            
	 	 	 
	 	 	
              Prior
                Business Dealings (if applicable)

            
	 	 	 
	 	 	Details of
              Relationship
	 	 	 
	4.	 	The
              Subscriber represents and warrants that it is not resident in
              Saskatchewan.
	 	 	 
	5.	 	
              Upon
                execution of this letter by the Subscriber, this letter shall be
                incorporated into and form a part of the Subscription
                Agreement.

            

    

     

    Dated:
      _______________________, 2007.

     

    
      	 
	
              Print
                name of Subscriber

            
	 
	
              Phone
                Number (required)

            
	 
	
              Email
                (required)

            
	 
	
              By:

            	 
	 	
              Signature

            
	 	 
	 	
              Print
                name of Signatory (if different from Subscriber)

            
	 	 
	 	
              Title

            

    

     

    
      
        
        

      

      
        12

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