Document:

Exhibit 4.10

 

Form 51-102F3

Material Change Report

 

Item 1            Name and Address of Company

 

AltaGas Ltd. (“AltaGas” or the “Corporation”)

1700, 355 — 4th Avenue, S.W.

Calgary, Alberta

T2P 0J1

 

Item 2            Date of Material Change

 

September 30, 2019

 

Item 3            News Release

 

A news release disclosing the material change was issued on September 30, 2019 through the news wire services of Cision.

 

Item 4            Summary of Material Change

 

On September 30, 2019, the Corporation announced that it had entered into a definitive agreement for the sale of its indirect, non-operating interest in the Central Penn Pipeline (Central Penn) held by its subsidiary WGL Midstream, Inc. (WGL Midstream) to Meade Pipeline Investment, LLC, a subsidiary of NextEra Energy Partners, LP. Total gross proceeds for WGL Midstream’s interest is approximately $870 million (US$657 million).

 

Item 5            Full Description of Material Change

 

On September 30, 2019, the Corporation announced that it had entered into a definitive agreement for the sale of its indirect, non-operating interest in the Central Penn Pipeline (Central Penn) held by its subsidiary WGL Midstream, Inc. (WGL Midstream) to Meade Pipeline Investment, LLC, a subsidiary of NextEra Energy Partners, LP. Total gross proceeds for WGL Midstream’s interest is approximately $870 million (US$657 million). The transaction is expected to close in the fourth quarter of 2019 and is subject to customary closing conditions and regulatory approvals.

 

Central Penn is a FERC-regulated, 185-mile pipeline that originates in Susquehanna County, Pennsylvania, and extends to Lancaster County, Pennsylvania. It is an integral part of the larger Atlantic Sunrise project operated by The Williams Companies through Transcontinental Gas Pipe Line Company, LLC (Transco). The pipeline went into service in October 2018 and has the capacity to deliver up to approximately 1.7 Bcf/d of natural gas from the northeastern Marcellus producing area to markets in the mid-Atlantic and Southeastern regions of the United States.

 

In February 2014, WGL Midstream and certain partners formed Meade Pipeline Co LLC (Meade). Meade (39 percent) and Transco (61 percent) have joint ownership of Central Penn. WGL Midstream holds a 55 percent interest in Meade (21 percent indirect interest in Central Penn).

 

Item 6            Reliance on subsection 7.1(2) of National Instrument 51-102

 

Not applicable.

 

 

Item 7            Omitted Information

 

Not applicable.

 

Item 8            Executive Officer

 

Inquiries in respect of the material change referred to herein may be made to:

 

Bradley B. Grant

Executive Vice President and Chief Legal Officer

AltaGas Ltd.

Tel: (403) 691-7575

 

Item 9            Date of Report

 

October 17, 2019.

 

Cautionary Statement Regarding Forward-Looking Information

 

This document contains forward-looking information (forward-looking statements). Words such as “may”, “can”, “will”, “plan”, “anticipate”, “believe”, “focus”, “strive”, “forecast”, “expect”, “project”, “target”, “potential”, “objective”, “continue”, “outlook”, “vision”, “opportunity” and similar expressions suggesting future events or future performance, as they relate to AltaGas are intended to identify forward-looking statements. In particular, this document contains forward-looking statements with respect to, among other things, transaction closing dates, strategy and anticipated asset sales. Specifically, such forward-looking statements included in this document include, but are not limited to, statements with respect to the following: timing for the closing of the sale of the WGL Midstream’s interest in Central Penn. AltaGas’ forward-looking statements are subject to certain risks and uncertainties which could cause results or events to differ from current expectations, including, without limitation those factors discussed under the heading “Risk Factors” in AltaGas’ AIF for the year ended December 31, 2018. Many factors could cause AltaGas’ or any particular business segment’s actual results, performance or achievements to vary from those described in this document. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this document as intended, planned, anticipated, believed, sought, proposed, estimated, forecasted, expected, projected or targeted and such forward-looking statements included in this document, should not be unduly relied upon. The impact of any one assumption, risk, uncertainty or other factor on a particular forward-looking statement cannot be determined with certainty because they are interdependent and AltaGas’ future decisions and actions will depend on management’s assessment of all information at the relevant time. Such statements speak only as of the date of this document. AltaGas does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law. The forward-looking statements contained in this document are expressly qualified by these cautionary statements.

 

2Exhibit 10.1

 

 

	 	580
                                         Hornby Street, Suite 588

Vancouver,
British Columbia, V6C 3B6

Tel: +1 888
363 9883

www.nvgoldcorp.com

 

 

January 10, 2020

 

Magellan Gold Corporation

Mr. John Power, Director

Mr. David Drips, CEO

500 Marquette Avenue NW,
Suite 1200

Albuquerque, New Mexico 87102

 

Dear Messrs Power and Drips,

 

		Re:	Proposed Agreement to Purchase 100% of the Silver District Exploration Project, Arizona from
Magellan Gold Corporation

 

This letter of intent (“LOI”)
sets out the principal commercial and contractual terms and principles of the agreement between Magellan Gold Corporation, Gulf
+ Western Industries, Inc. (“the Vendor”), and NV Gold Corporation (“NVX”) and its wholly-owned
subsidiary NV Gold Corporation (USA) (“NV Gold”), whereby NV Gold has an option to purchase from the Vendor
100% of the Silver District Exploration Project located in La Paz County, Arizona, USA, which is made up of the mineral tenures,
interests and permits listed in Schedule A (the “Property”), but subject to the royalties listed in Schedule
A, and all data, maps, information, reports, drill core and samples from or relating to the Property in whatever form (collectively,
the "Property Data").

 

This LOI is intended to and constitutes
a legally binding and enforceable agreement among the parties. It is further intended that, subject to NV Gold being satisfied
with the results of its due diligence investigations in respect of the Property in its discretion, including a site visit, the
parties hereto agree to negotiate in good faith to settle the form of, and enter into, a binding definitive option agreement which
will replace this LOI and set forth the terms and conditions of this LOI in greater detail (the “Definitive Agreement”).

 

		1.	Option to Purchase

 

The Vendor hereby grants NV Gold the exclusive right
to purchase (the “Purchase Right”), an undivided 100% right, title and interest in and to the Property and the Property
Data in consideration of:

 

		a)	NV Gold paying US$25,000 to the Vendor within 5 business days of the date the TSX Venture Exchange
(“TSXV”) accepts the terms of this LOI, which amount is non-refundable in all circumstances;

 

		b)	on or before the earlier of execution of the Definitive Agreement and 4 months from the date of
this LOI (such date being the “2nd Payment Date”), NV Gold paying US$75,000 and NVX issuing 350,000
shares of NVX to the Vendor;

 

 

 

 

    	 	1	 

     

    

 

		c)	on or before the first anniversary of the 2nd Payment Date:

 

		(i)	NVX issuing CAD$75,000 in shares of NVX to the Vendor, calculated using a 20-day VWAP ending on
the date two days before the date of payment, subject to the deemed price being not less than the price (the “Deemed Price
Floor”) that is greater of:

		A.	75% of the closing price of the shares of NVX on the TSXV before announcement of the terms of this
LOI by NVX; and

		B.	CAD$0.11; and

		(ii)	NV Gold having incurred CAD$50,000 in exploration expenditures on the Property;

 

		d)	on or before the second anniversary of the 2nd Payment Date:

 

		(i)	NV Gold paying US$25,000 to the Vendor;

		(ii)	NVX issuing CAD$75,000 in shares of NVX to the Vendor, calculated using a deemed price equal to
the 20-day VWAP ending on the date two days before the date of payment, subject to the deemed price being not less than the Deemed
Price Floor; and

		(iii)	NV Gold having incurred CAD$100,000 in cumulative exploration expenditures on the Property;

 

		e)	on or before the third anniversary of the 2nd Payment Date:

 

		(i)	NV Gold paying US$25,000 to the Vendor;

		(ii)	NVX issuing CAD$100,000 in shares of NVX to the Vendor, calculated using a deemed price equal to
the 20-day VWAP ending on the date two days before the date of payment, subject to the deemed price being not less than the Deemed
Price Floor; and

		(iii)	NV Gold having incurred CAD$150,000 in cumulative exploration expenditures on the Property;

 

		f)	on or before the fourth anniversary of the 2nd Payment Date:

 

		(i)	NV Gold paying US$25,000 to the Vendor;

		(ii)	NVX issuing CAD$125,000 in shares of NVX to the Vendor, calculated using a deemed price equal to
the 20-day VWAP ending on the date two days before the date of payment, subject to the deemed price being not less than the Deemed
Price Floor; and

		(iii)	NV Gold having incurred CAD$200,000 in cumulative exploration expenditures on the Property;

 

		g)	on or before the fifth anniversary of the 2nd Payment Date:

 

		(i)	NV Gold paying US$25,000 to the Vendor;

		(ii)	NVX issuing CAD$150,000 in shares of NVX to the Vendor, calculated using a deemed price equal to
the 20-day VWAP ending on the date two days before the date of payment, subject to the 20-day VWAP being not less than the Deemed
Price Floor; and

		(iii)	NV Gold having incurred CAD$225,000 in cumulative exploration expenditures on the Property,

 

(collectively,
such payments being the “Purchase Payments”). If NV Gold and NVX make the Purchase Payments before termination
of this LOI, NV Gold will be deemed to have purchased a 100% interest in the Property and the Vendor shall immediately undertake
all actions necessary to transfer and register 100% of the Property to NV Gold.

 

 

 

    	 	2	 

     

    

 

For greater
certainty, each of the payments above are optional at NV Gold’s election, but if NV Gold and NVX make all of the above payments
to the Vendor, NV Gold will have purchased a 100% interest in the Property and the Property Data and the Vendor shall immediately
undertake all actions necessary to transfer and register 100% of the Property and the Property Data to NV Gold. The Vendor also
agrees to transfer to NV Gold any bonding in place in respect of any work performed or to be performed on the Property.

 

For the purposes
of this LOI, the term “exploration expenditures” shall refer to costs incurred on reclamation of the Property and on
exploration and development activities directed towards discovery, delineation, disclosure and definition of an ore body on the
Property (but, for greater certainty, excluding payments required to maintain the Property in good standing), monies expended in
paying the fees, wages, salaries, travelling expenses and fringe benefits of all persons engaged in work with respect to or for
the benefit of the Property and which are attributable to such persons work on the Property and an overhead fee equal to 10% of
exploration expenditures incurred by NV Gold in relation to the Property, except third party contracts which exceed $50,000 in
a single year for which the overhead fee will be 5%.

 

If NV Gold
or NVX fail to pay any of the monetary or share payments to the Vendor within the relevant time period set out above or breaches
its obligations with respect to the maintenance and administration of the Property claims set out below, the Vendor may terminate
this LOI after first serving notice on NV Gold and giving NV Gold 20 business days to remedy such default (or, in the case of default
with respect to failing to keep the Property free and clear of all mortgages, charges, caveats, security interests and other encumbrances
arising from its activities on or in respect of the Property, 20 business days to commence action to remedy the default). If NV
Gold has not remedied (or commenced action to remedy) the non-payment or breach within such period this LOI will terminate and,
upon such termination, NV Gold will not have any further rights or interests in relation to Property.

 

		2.	Due Diligence Period

 

During the period between the date of this LOI and
the 2nd Payment Date (the “Due Diligence Period”) the Vendor agrees that:

 

		i.	it will allow NV Gold and its authorized representatives, including legal counsel and consultants,
access to the Property and to all information, books, records or other documents in the Vendor’s possession pertaining to
the Property; and

 

		ii.	it will not, directly or indirectly, authorise or permit any officer, employee, representative
or agent thereof, to directly or indirectly solicit, initiate, encourage, engage in or respond to any inquiry or proposal regarding
a purchase, transfer or other dealing in the Property, or encourage or provide any information to any corporation or other entity
regarding an acquisition of the Property.

 

		3.	Notice of Sale

 

The Vendor agrees not to sell blocks the shares
of NVX exceeding 100,000 shares in any 1 month period unless it has first advised NV Gold 60 days in advance of its intent to sell
share blocks and the number of shares to be sold and given NV Gold the first right to designate a purchaser of the shares to be
sold.

 

 

 

 

 

    	 	3	 

     

    

 

		4.	Covenants of the Parties

 

		a)	From the 2nd Payment Date until termination of the LOI or completion of the purchase
of the Property by NV Gold, NV Gold will be responsible for the administration and maintenance of the Property and for compliance
with all governmental regulations and minimum annual expenditure requirements with respect to the Property.

 

		b)	The Vendor covenants that:

 

		(i)

                                                      
	it will not deal or enter into any negotiations to deal with the Property without the prior consent of NV Gold during the period
this LOI is in effect (the “Option Period”); and

 

		(ii)	during the Option Period, the Vendor and Megellan Gold Corporation shall promptly advise NV Gold if any person makes any proposal
or offer to acquire the Property, any part of the Property or any interest in the Property, and of any inquiry or contact with
any person with respect thereto, and shall promptly inform NV Gold of all the terms and conditions thereof, and shall furnish to
NV Gold copies of any such written proposal or offer and the contents of any communications in response thereto.

 

		c)	Each of the Vendor and NV Gold will have the right to lodge a caveat over the Property to protect
its interests under this LOI and the Definitive Agreement.

 

		d)	NV Gold’s obligations to enter into the Definitive Agreement will be conditional upon the
satisfaction or waiver of the following conditions precedent during the Due Diligence Period:

 

		(i)	NV Gold receiving final acceptance of the Transaction from the TSXV; and

 

		(ii)	the parties obtaining any other approvals required under applicable laws or the rules of an applicable
securities exchange.

 

		e)	During the Option Period:

 

		(i)	The Vendor must not, without the prior consent of NV Gold, relinquish or surrender any portion
of any of the Property;

 

		(ii)	NV Gold must keep the Property free and clear of all mortgages, charges, caveats, security interests
and other encumbrances arising from its activities on or in respect of the Property; and

 

		(iii)	NV Gold shall provide the Vendor a copy of the exploration data it generates from work on the Property
not less than annually.

 

		f)	Magellan Gold Corporation guarantees the obligations of the Vendor, its wholly-owned subsidiary,
hereunder.

 

 

 

 

 

    	 	4	 

     

    

 

		5.	Representations and Warranties

 

		a)	The Vendor represents, warrants and covenants to and with NV Gold and NVX that, as of the date
of this LOI:

 

		(i)	The Vendor is a company duly organized, validly existing and in good standing under the laws of
its jurisdiction of incorporation;

 

		(ii)	The Vendor has full legal capacity, power and authority to enter into and perform its obligations
under this LOI and this LOI constitutes a legal, valid and binding obligation of it enforceable against it in accordance with its
terms;

 

		(iii)	The Vendor holds a 100% legal and beneficial right, title and interest in the Property, except
as set forth in Schedule A;

 

		(iv)	The Property are free from any encumbrances liens, charges, claims, royalties or interests of others
of whatever nature, other than the royalties described in Schedule A hereto and rights and interests under legislation applicable
to the Property;

 

		(v)	The Property claims are in good standing, in full force and effect and not liable to cancellation
or forfeiture for any reasons and the Vendor is not in breach or contravention of any of the terms and conditions upon which the
Property claims were granted or of any other rule, regulation or provision of any statute concerning, affecting or relating to
the Property claims;

 

		(vi)	The mining lease(s), if any, governing mineral rights included in the Property are valid and enforceable
agreements and grant rights to minerals on, in or under the area of such leases to the Vendor, are in good-standing and are assignable
by the Vendor without the consent of the lessor(s);

 

		(vii)	There are no environmental liabilities relating to or affecting the Property nor are there any
circumstances relating to the Property which may reasonably be expected to give rise to future environmental liabilities, other
than environmental obligations included in the terms and conditions attaching to the Property or arsing under any law other than
by reason of a breach of that law by the Vendor;

 

		(viii)	To the best of its knowledge, neither the Vendor nor the Vendor’s rights to the Property
are subject to any litigation or legal proceedings, and litigation or legal proceedings have not been threatened against the Vendor;
and

 

		(ix)	Neither the Vendor, nor any of its assets, is subject to any bankruptcy, receivership or insolvency
proceedings or orders.

 

Under the Definitive
Agreement, the Vendor will provide such representations and warranties to NV Gold and NVX as are considered standard for transactions
similar to the one described herein, including but not limited to the substance of the foregoing statements, at the date of the
Definitive Agreement.

 

 

 

 

    	 	5	 

     

    

 

		b)	Under the Definitive Agreement, NV Gold will provide such warranties to the Vendor as are considered
standard for transactions similar to the Transaction, including but not limited to warranting to the Vendor that the following
statements are true, complete and accurate at the date of the Definitive Agreement:

 

		(i)	Each of NV Gold and NVX is a company duly organized, validly existing and in good standing under
the laws of its jurisdiction of incorporation;

 

		(ii)	NV Gold has full legal capacity, power and authority to enter into and perform its obligations
under this LOI and this LOI constitutes a legal, valid and binding obligation of it enforceable against it in accordance with its
terms;

 

		(iii)	NVX owns 100% of the entire issued share capital of NV Gold;

 

		(iv)	NV Gold is not subject to any litigation or legal proceedings, and litigation or legal proceedings
have not been threatened against NV Gold; and

 

		(v)	Neither NV Gold, nor NVX, nor any of their respective assets, is subject to any bankruptcy, receivership
or insolvency proceedings or orders.

 

Under the Definitive
Agreement, NV Gold and NVX will provide such representations and warranties to the Vendor as are considered standard for transactions
similar to the one described herein, including but not limited to the substance of the foregoing statements, at the date of the
Definitive Agreement.

 

		6.	Other Provisions

 

		a)	During the Option Period NV Gold shall have the right to elect to exclude from the Property subject
to this LOI or the Definitive Agreement, any of the claims which make up the Property by notice to the Vendor and thereafter NV
Gold shall have no further obligations to maintain such excluded claims but the terms of this LOI and the Definitive Agreement
shall continue in respect of the retained claims.

 

		b)	The parties shall use their best efforts to agree to the terms of and, if so agreed, execute, a
Definitive Agreement within the Due Diligence Period. If the Definitive Agreement is not agreed and executed by the end of the
Exclusivity Period, NV Gold may terminate this LOI by notice in writing to the Vendor.

 

		c)	NV Gold may terminate the LOI at any time by written notice to the Vendor.

 

		d)	The Vendor may terminate the LOI if NV Gold or NVX fail to make the payments referred to, and in accordance with, Section 1
of this LOI.

 

		e)	If this LOI is terminated under this clause 6 or otherwise:

 

		(i)	the rights and obligations of each party under clauses 6.j) and k) will survive termination; and

 

		(ii)	subject to clause 6.e)(i), each party is released from its obligations under this LOI.

 

 

 

    	 	6	 

     

    

 

		f)	The Vendor understands and acknowledges that all shares of NVX issuable hereunder will be subject to certain resale restrictions
under applicable Canadian and US securities laws and the rules and policies of the TSXV and the Vendor agrees to comply with such
restrictions. The Vendor also acknowledges that the certificates for the securities of NVX issuable hereunder will bear the required
legends under US securities laws as well as the following legends required under Canadian securities laws:

 

"UNLESS PERMITTED UNDER SECURITIES
LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY BEFORE [date that is four months plus one day after the Closing
Date]."

 

“WITHOUT PRIOR WRITTEN APPROVAL
OF THE TSX VENTURE EXCHANGE AND COMPLIANCE WITH ALL APPLICABLE SECURITIES LEGISLATION, THE SECURITIES REPRESENTED BY THIS CERTIFICATRE
MAY NOT BE SOLD, TRANSFERRED, HYPOTHECATED OR OTHERWISE TRADE ON OR THROUGH THE FACILITIES OF THE TSX VENTURE EXCHAGNE OR OTHERWISE
IN CANADA OR TO OR FOR THE BENEFIT OF A CANADIAN RESIDENT UNTIL [insert date that is four months plus one day after the closing
date].”

 

		g)	For the purposes of Section 1 hereof, if there is any subdivision, consolidation or other alteration
of the share capital of NVX before the date the fixed share payment must be made, there will be a corresponding adjustment in the
number of shares issuable to reflect such change in share capital.

 

		h)	During the Option Period, NV Gold shall be the operator of all exploration and development programs
on the Property. NV Gold and its employees, agents and independent contractors shall have the right to enter upon the Property
and to do such prospecting, exploration, development or other mining work thereon and thereunder as is contemplated by this Agreement,
including the removal of mineral samples for the purpose of, and in the amounts appropriate for, testing such mineral samples,
and NV Gold shall have the right to bring upon and erect upon the Property such buildings, plant machinery and equipment as NV
Gold may deem necessary or desirable to carry out such activities.

 

		i)	Time shall be of the essence in this LOI.

 

		j)	NV Gold’s and NVX’s obligations under this LOI are subject to acceptance of the terms
of this LOI by the TSXV.

 

		k)	No disclosure or announcement, public or otherwise, in respect of this LOI or the transactions
contemplated herein or therein will be made by any party without the prior agreement of the other party as to timing, content and
method, provided that the obligations herein will not prevent any party from making, after consultation with the other party to
the extent possible, such disclosure as its counsel advises is required by applicable law or the rules and policies of the TSXV,
or any securities regulatory authority having jurisdiction over it.

 

		l)	This LOI and the Definitive Agreement shall be governed by and construed in accordance with the
laws of British Columbia, Canada. Each party submits to the exclusive jurisdiction of the courts exercising jurisdiction in Canada
and courts of appeal from them in respect of any proceedings arising out of or in connection with this LOI or the Definitive Agreement.

 

		m)	During the Option Period, none of the parties to this LOI may assign nor otherwise deal with all
or any part of its interest in the Definitive Agreement or this LOI without the written consent of the other party and any purported
assignment without such consent is considered void.

 

 

 

 

    	 	7	 

     

    

 

		n)	This LOI may be executed in several parts in the same form and such parts as so executed will together
constitute one original agreement, and such parts, if more than one, will be read together as if all parties hereto had executed
one copy of this LOI.

 

		o)	This LOI constitutes the entire agreement between the parties hereto with respect to the subject
matter hereof and supersedes all prior agreements, understandings and representations, oral or written, by and between any of the
parties hereto with respect to the subject matter hereof.

 

		p)	Each party at its own expense must do everything reasonably necessary to give full effect to this
LOI and the transactions which it contemplates.

 

		q)	Each party shall bear its own legal and other costs in relation to this LOI, the Transaction, the
Definitive Agreement and any other agreements entered into in connection with the Transaction, except that NV Gold is solely responsible
for paying any stamp duty payable on each of this LOI and the Definitive Agreement or in connection with any of the transactions
contemplated by this LOI.

 

		r)	The existence and terms of this LOI are confidential and must not be disclosed to a third party
without the prior written consent of the other party. This restriction does not apply where such disclosure is to a related body
corporate, government agency or legal or financial adviser of a party or is required by law or the rules of any stock exchange
applicable to one of the parties hereto.

 

 

 

 

 

 

 

    	 	8	 

     

    

 

If the foregoing is in accordance with
your understanding and is acceptable to you, please indicate by signing this LOI and returning a copy to us.

 

Yours truly,

 

	NV GOLD CORPORATION	 	NV GOLD CORPORATION (USA)
	 	 	 
	Per:	 	Per:
	 	 	 
	/s/ John Watson                                     	 	/s/ John Watson                                     
	John Watson	 	John Watson
	Chief Executive Officer & Chairman	 	President
	 	 	 
	 	 	 
	Accepted and agreed to this 10th day of January, 2020, by:	 
	 	 	 
	MAGELLAN GOLD CORPORATION	 	GULF + WESTERN INDUSTRIES, INC.
	 	 	 
	/s/ John Power                                     	 	/s/ John Power                                     
	John Power, Director and Interim CFO	 	Name: _______________________
	 	 	Title: ________________________
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 

 

 

 

 

 

    	 	9	 

     

    

 

SCHEDULE A

 

Silver District Claims and Permits

 

PATENTED CLAIMS

 

	Name	MS#	Royalty Payable	Royaltyholder	Agreement Creating Royalty
	James G. Blaine	1258	5% NPI	Mary Laccinole et. al.	Purchase & Sale – 01 Feb 2007
	Black Rock	291	 	Columbus	Fornaciari Purchase & Sale – 01 Sep 2007
	Pacific	292	 	Columbus	Fornaciari Purchase & Sale – 01 Sep 2007

 

UNPATENTED CLAIMS

 

	Name	BLM#	Royalty Payable	Royaltyholder	Agreement Creating Royalty
	Plata No. 1 (3rd Am)	AMC 44189	2% NSR	Robert Bell	Lease – 28 Aug 2006
	Plata No. 2 (2nd Am)	AMC 44190	2% NSR	Robert Bell	Lease – 28 Aug 2006
	Ruth #5 (Am)	AMC 44220	2% NSR	Bell	Bell Sale  – 28 Aug 2006
	Ruth #7 (Am)	AMC 44222	2% NSR	Bell	Bell Sale  – 28 Aug 2006
	Plata No. 3 (Am)	AMC 44191	2% NSR	Bell	Bell Sale  – 28 Aug 2006
	Plata No. 5-6 (Am)	AMC 44193-4	2% NSR	Bell	Bell Sale  – 28 Aug 2006
	Plata No. 10-12 (Am)	AMC 44195-7	2% NSR	Bell	Bell Sale  – 28 Aug 2006
	Plata No. 14	AMC 44199	2% NSR	Bell	Bell Sale  – 28 Aug 2006
	Plata No. 15 (Am)	AMC 44200	2% NSR	Bell	Bell Sale  – 28 Aug 2006
	Chuck No. 5	AMC 44208	2% NSR	Bell	Bell Sale  – 28 Aug 2006
	Chuck No. 7	AMC 44210	2% NSR	Bell	Bell Sale  – 28 Aug 2006
	Chuck No. 9	AMC 44212	2% NSR	Bell	Bell Sale  – 28 Aug 2006
	POP 1-11 (2nd Am)	AMC 43990-44000	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003
	POP 13-16 (2nd Am)	AMC 44002-5	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003
	POP 17 (Am)	AMC 44006	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003
	POP 19 (Am)	AMC 44008	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003
	POP 21-22 (Am)	AMC 44010-11	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003
	POP 24-29 (2nd Am)	AMC 44013-18	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003
	POP 30-32 (Am)	AMC 44019-21	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003
	POP 37-38 (2nd Am)	AMC 44026-27	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003

 

 

 

 

    	 	10	 

     

    

 

	POP 43 (Am)	AMC 44032	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003
	POP 50-51	AMC 207723-24	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003
	POP 53-57	AMC 207725-29	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003
	POP 62	AMC 207734	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003
	Max 13-26	AMC 386562-75	1.5% NSR	TOMC	TOMC Sale  – 10 May 2003
	PL-1&2	AMC 366944-5	none	 	 
	Arch	AMC 366937	none	 	 
	RU 1-3	AMC 366947-9	none	 	 
	CH 1-6	AMC 366938-43	none	 	 
	POP 39	AMC 366946	none	 	 
	A-1	AMC 369924	none	 	 
	R1HO	AMC 369925	none	 	 
	SD 30	AMC 424398	none	 	 
	SD 37	AMC 424404	none	 	 

 

UNPATENTED MILLSITES

 

	RUF 1-2	BLM#	Royalty Payable	Royaltyholder	Agreement Creating Royalty
	RUF 1-2	AMC 129269-70	1.5% NSR	Columbus	TOMC Sale  – 10 May 2003
	RUF 5	AMC 129273	1.5% NSR	Columbus	TOMC Sale  – 10 May 2003
	RUF 9-10	AMC 129277-8	1.5% NSR	Columbus	TOMC Sale  – 10 May 2003
	RUF 12-15	AMC 129280-3	1.5% NSR	Columbus	TOMC Sale  – 10 May 2003
	RUF 17-18	AMC 129285-6	1.5% NSR	Columbus	TOMC Sale  – 10 May 2003
	RUF 22-24	AMC 129290-2	1.5% NSR	Columbus	TOMC Sale  – 10 May 2003
	MIL # 1-6	AMC 129261-6	1.5% NSR	Columbus	TOMC Sale  – 10 May 2003
	G&W # 2-4	AMC 129255-7	1.5% NSR	Columbus	TOMC Sale  – 10 May 2003

 

 

 

 

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Other:

 

1/3 interest - SILVER GLANCE Patented Mining Claim – MS
246 Parcel #301-34-001 La Paz Co. Assessor - (Subject to lease agreement; title to be perfected)

 

1/3 interest - MENDIVIL Patented Mining Claim – MS 279
Parcel #301-33-002 La Paz Co. Assessor - (Subject to lease agreement; title to be perfected)

 

Arizona State Exploration Permit

 

Arizona State Exploration Permit #08-118475 - GRANTED December
2, 2015; 334.85 acres+/-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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