Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Entourage Mining Limited - Exhibit 4.K

	Disp_num	Status	Owner	Location	Size/Hect	NTS Area	Effective Date	Group Number	District
	S-136360	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1 TO 12 INCLUSIVE OF SECTION 30,
      TOWNSHIP 49, RANGE 18, WEST OF THE SECOND MERIDIAN.	192	73-H-02 & 73-H-07	2-Sep-03		S
	S-136361	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 14, 15 AND 16 OF SECTION 30, TOWNSHIP
      49, RANGE 18, WEST OF THE SECOND MERIDIAN.	48	73-H-07	2-Sep-03		S
	S-136362	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1, 2, 3, AND 4 OF SECTION 31,
      TOWNSHIP 49, RANGE 18, WEST OF THE SECOND MERIDIAN.	64	73-H-07	2-Sep-03		S
	S-136363	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 8, 9, AND 16 OF SECTION 31, TOWNSHIP
      49, RANGE 18, WEST OF THE SECOND MERIDIAN.	48	73-H-07	2-Sep-03		S
	S-136364	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 4 AND 5 OF SECTION 14, TOWNSHIP
      50, RANGE 18, WEST OF THE SECOND MERIDIAN.	32	73-H-07	2-Sep-03		S
	S-136365	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 2 TO 7 INCLUSIVE OF SECTION 15,
      TOWNSHIP 50, RANGE 18, WEST OF THE SECOND MERIDIAN.	96	73-H-07	2-Sep-03		S
	S-136368	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1, 2, 3 AND 4 OF SECTION 16, TOWNSHIP
      50, RANGE 18, WEST OF THE SECOND MERIDIAN.	64	73-H-07	2-Sep-03		S
	S-136369	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 5 TO 12 INCLUSIVE OF SECTION 16,
      TOWNSHIP 50, RANGE 18, WEST OF THE SECOND MERIDIAN.	128	73-H-07	2-Sep-03		S
	S-136371	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1 TO 12 INCLUSIVE OF SECTION 25,
      TOWNSHIP 49, RANGE 19, WEST OF THE SECOND MERIDIAN.	192	73-H-02 & 73-H-07	2-Sep-03		S
	S-136372	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 13, 14 AND 15 OF SECTION 25, TOWNSHIP
      49, RANGE 19, WEST OF THE SECOND MERIDIAN.	48	73-H-07	2-Sep-03		S
	S-136373	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 36, TOWNSHIP 49, RANGE
      19, WEST OF THE SECOND MERIDIAN.	128	73-H-07	2-Sep-03		S
	S-136374	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 36, TOWNSHIP 49, RANGE
      19, WEST OF THE SECOND MERIDIAN.	128	73-H-07	2-Sep-03		S
	S-136113	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 26, TOWNSHIP 52, RANGE 20, WEST OF
      THE SECOND MERIDIAN.	256	73-H-10	1-Aug-03		S
	S-136122	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 35, TOWNSHIP 52, RANGE 20, WEST OF
      THE SECOND MERIDIAN.	256	73-H-10	1-Aug-03		S
	S-136123	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 36, TOWNSHIP 52, RANGE 20, WEST OF
      THE SECOND MERIDIAN; THE SOUTHEAST QUARTER BEING SUBJECT TO THE CRITICAL
      WILDLIFE HABITAT PROTECTION ACT.	256	73-H-10	1-Aug-03		S
	S-136186	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 27, TOWNSHIP 50, RANGE 21, WEST OF
      THE SECOND MERIDIAN.	256	73-H-06 & 73-H-07	1-Aug-03		S
	S-136188	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 29, TOWNSHIP 50, RANGE 21, WEST OF
      THE SECOND MERIDIAN.	256	73-H-06	1-Aug-03		S
	S-136193	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 34, TOWNSHIP 50, RANGE 21, WEST OF
      THE SECOND MERIDIAN.	256	73-H-06 & 73-H-07	1-Aug-03		S
	S-136234	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 17, TOWNSHIP 52,
      RANGE 21, WEST OF THE SECOND MERIDIAN.	64	73-H-06	1-Aug-03		S
	S-136235	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 18, TOWNSHIP 52, RANGE
      21, WEST OF THE SECOND MERIDIAN; THE NORTHWEST QUARTER BEING SUBJECT TO
      THE CRITICAL WILDLIFE HABITAT PROTECTION ACT.	128	73-H-06	1-Aug-03	GC #45637	S
	S-136237	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 20, TOWNSHIP 52,
      RANGE 21, WEST OF THE SECOND MERIDIAN.	64	73-H-06 & 73-H-11	1-Aug-03		S
	S-136238	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 20, TOWNSHIP 52, RANGE
      21, WEST OF THE SECOND MERIDIAN.	128	73-H-06 & 73-H-11	1-Aug-03		S
	S-136239	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 21, TOWNSHIP 52, RANGE 21, WEST OF
      THE SECOND MERIDIAN; THE NORTHWEST QUARTER BEING DESIGNATED AS ENVIRONMENTALLY
      SENSITIVE.	256	73-H-06 & 73-H-11	1-Aug-03		S
	S-136244	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 30, TOWNSHIP 52, RANGE 21, WEST OF
      THE SECOND MERIDIAN.	256	73-H-11	1-Aug-03	GC# 45630	S
	S-136245	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 31, TOWNSHIP 52, RANGE 21,
      WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE BIRCHBARK
      LAKE RECREATION SITE.	105	73-H-11	1-Aug-03	GC# 45630	S
	S-136377	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 6, TOWNSHIP 51, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-07 & 73-H-08	1-Oct-03		S
	S-136378	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 7, TOWNSHIP 51, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-07 & 73-H-08	1-Oct-03		S
	S-136379	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 18, TOWNSHIP 51, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-07 & 73-H-08	1-Oct-03		S
	S-136380	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 19, TOWNSHIP 51, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-07 & 73-H-08	1-Oct-03	GC #45618	S
	S-136381	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 30, TOWNSHIP 51, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-07 & 73-H-08	1-Oct-03	GC #45618	S
	S-136382	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 31, TOWNSHIP 51, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-07 & 73-H-08	1-Oct-03		S
	S-136383	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 6, TOWNSHIP 52, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-07 & 73-H-08	1-Oct-03		S
	S-136384	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 7, TOWNSHIP 52, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-07 & 73-H-08	1-Oct-03		S
	S-136385	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 18, TOWNSHIP 52, RANGE 17, WEST OF
      THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE TOWN OF CHOICELAND
      AND THE CP RAILWAY RIGHT OF WAY;	241	73-H-07 & 73-H-08	1-Oct-03		S
	S-136386	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 19, TOWNSHIP 52, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-07, 73-H-08, 73-H-09 & 73-H-10	1-Oct-03		S
	S-136387	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 30, TOWNSHIP 52, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-09 & 73-H-10	1-Oct-03		S
	S-136388	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 31, TOWNSHIP 52, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-09 & 73-H-10	1-Oct-03		S
	S-136389	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 6, TOWNSHIP 53, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-09 & 73-H-10	1-Oct-03		S
	S-136390	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 7, TOWNSHIP 53, RANGE 17, WEST OF
      THE SECOND MERIDIAN;	256	73-H-09 & 73-H-10	1-Oct-03		S
	S-136391	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 11 AND 12, TOWNSHIP 51, RANGE
      18, WEST OF THE SECOND MERIDIAN;	1024	73-H-07	1-Oct-03		S
	S-136392	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3, 4, 9 AND 10, TOWNSHIP 51, RANGE
      18, WEST OF THE SECOND MERIDIAN;	1024	73-H-07	1-Oct-03		S
	S-136393	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5, 6, 7 AND 8, TOWNSHIP 51, RANGE
      18, WEST OF THE SECOND MERIDIAN;	1024	73-H-07	1-Oct-03		S
	S-136394	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13, 14, 23 AND 24, TOWNSHIP 51, RANGE
      18, WEST OF THE SECOND MERIDIAN;	1024	73-H-07	1-Oct-03	GC #45618	S
	S-136395	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15, 16, 21 AND 22, TOWNSHIP 51, RANGE
      18, WEST OF THE SECOND MERIDIAN;	1024	73-H-07	1-Oct-03		S
	S-136396	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17, 18, 19 AND 20, TOWNSHIP 51, RANGE
      18, WEST OF THE SECOND MERIDIAN;	1024	73-H-07	1-Oct-03		S
	S-136397	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25, 26, 35 AND 36, TOWNSHIP 51, RANGE
      18, WEST OF THE SECOND MERIDIAN;	1024	73-H-07	1-Oct-03	GC #45618	S
	S-136398	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27, 28, 33 AND 34, TOWNSHIP 51, RANGE
      18, WEST OF THE SECOND MERIDIAN;	1024	73-H-07	1-Oct-03		S
	S-136399	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29, 30, 31 AND 32, TOWNSHIP 51, RANGE
      18, WEST OF THE SECOND MERIDIAN;	1024	73-H-07	1-Oct-03		S
	S-136400	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 12, TOWNSHIP 53, RANGE 18,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	1-Oct-03		S
	S-136401	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 2 AND 11, TOWNSHIP 53, RANGE 18,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	1-Oct-03		S
	S-136402	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3 AND 10, TOWNSHIP 53, RANGE 18,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	1-Oct-03		S
	S-136403	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 4 AND 9, TOWNSHIP 53, RANGE 18, WEST
      OF THE SECOND MERIDIAN;	512	73-H-10	1-Oct-03		S
	S-136404	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5 AND 8, TOWNSHIP 53, RANGE 18, WEST
      OF THE SECOND MERIDIAN;	512	73-H-10	1-Oct-03		S
	S-136405	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 6 AND 7, TOWNSHIP 53, RANGE 18, WEST
      OF THE SECOND MERIDIAN;	512	73-H-10	1-Oct-03		S
	S-136406	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 20 AND THE WEST HALF OF
      SECTION 21, TOWNSHIP 55, RANGE 18, WEST OF THE SECOND MERIDIAN;	256	73-H-15	1-Oct-03		S
	S-136407	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 13 AND THE EAST HALF OF SECTION 14,
      TOWNSHIP 56, RANGE 18, WEST OF THE SECOND MERIDIAN;	384	73-H-15	1-Oct-03		S
	S-136408	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 12 AND THE SOUTH HALF OF
      SECTION 13, TOWNSHIP 57, RANGE 20, WEST OF THE SECOND MERIDIAN;	256	73-H-15	1-Oct-03		S
	S-136409	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 14, TOWNSHIP 57,
      RANGE 20, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM
      ANY AREA WITHIN S-103765 AND S-103772;	64	73-H-15	1-Oct-03		S
	S-136410	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	PORTIONS OF SECTIONS 13, 14, 23 AND 24, TOWNSHIP
      57, RANGE 20, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM
      ANY AREAS WITHIN S-103765, S-103770, S-103772, S-103839, S-135697 AND S-136409;	96	73-H-15	1-Oct-03		S
	S-136411	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	PORTIONS OF SECTIONS 27, 28, 33 AND 34, TOWNSHIP
      57, RANGE 20, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM
      ANY AREAS WITHIN S-103835, S-103836, S-103837 AND S-103838;	160	73-H-15	1-Oct-03		S
	S-136412	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 32, TOWNSHIP 53, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	1-Oct-03		S
	S-136413	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 34, TOWNSHIP 53, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	1-Oct-03		S
	S-136414	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 7, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	1-Oct-03		S
	S-136415	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 8, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	1-Oct-03		S
	S-136416	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 9, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	1-Oct-03		S
	S-136417	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 2 AND THE EAST HALF OF SECTION
      3, TOWNSHIP 52, RANGE 24, WEST OF THE SECOND MERIDIAN;	640	73-H-06	1-Oct-03		S
	S-136418	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5 AND 6, TOWNSHIP 52, RANGE 24, WEST
      OF THE SECOND MERIDIAN;	512	73-H-05 & 73-H-06	1-Oct-03		S
	S-136419	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 52, RANGE 24, WEST
      OF THE SECOND MERIDIAN;	512	73-H-05 & 73-H-06	1-Oct-03		S
	S-136420	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 11 AND 12, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06	1-Oct-03		S
	S-136421	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 14, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06	1-Oct-03		S
	S-136422	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15 AND 16, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06	1-Oct-03		S
	S-136423	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17 AND 18, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-05 & 73-H-06	1-Oct-03		S
	S-136424	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 19 AND 20, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-05, 73-H-06, 73-H-11 & 73-H-12	1-Oct-03		S
	S-136425	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 21 AND 22, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06 & 73-H-11	1-Oct-03		S
	S-136426	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 23 AND 24, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06 & 73-H-11	1-Oct-03		S
	S-136427	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 26, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	1-Oct-03		S
	S-136428	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27 AND 28, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	1-Oct-03		S
	S-136429	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29 AND 30, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11 & 73-H-12	1-Oct-03		S
	S-136430	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 31 AND 32, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11 & 73-H-12	1-Oct-03		S
	S-136431	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 33 AND 34, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	1-Oct-03		S
	S-136432	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 52, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	1-Oct-03		S
	S-136433	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 12, TOWNSHIP 54, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	1-Oct-03		S
	S-136434	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5 AND 8, TOWNSHIP 54, RANGE 24, WEST
      OF THE SECOND MERIDIAN;	512	73-H-11 & 73-H-12	1-Oct-03		S
	S-136435	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 6 AND 7, TOWNSHIP 54, RANGE 24, WEST
      OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136436	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17 AND 18, TOWNSHIP 54, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11 & 73-H-12	1-Oct-03		S
	S-136437	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 24, TOWNSHIP 54, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11 & 73-H-12	1-Oct-03		S
	S-136438	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 19 AND 20, TOWNSHIP 54, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11 & 73-H-12	1-Oct-03		S
	S-136439	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALVES OF SECTIONS 21, 22 AND 23, TOWNSHIP
      54, RANGE 24, WEST OF THE SECOND MERIDIAN;	384	73-H-11	1-Oct-03		S
	S-136440	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 25 AND THE EAST HALF OF
      SECTION 36, TOWNSHIP 54, RANGE 24, WEST OF THE SECOND MERIDIAN;	256	73-H-11	1-Oct-03		S
	S-136441	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 26 AND ALL OF SECTION 27,
      TOWNSHIP 54, RANGE 24, WEST OF THE SECOND MERIDIAN;	384	73-H-11	1-Oct-03		S
	S-136442	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 28 AND 29, TOWNSHIP 54, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	1-Oct-03		S
	S-136443	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 30 AND 31, TOWNSHIP 54, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136444	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 32 AND 33, TOWNSHIP 54, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11 & 73-H-12	1-Oct-03		S
	S-136445	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 34 AND THE WEST HALF OF SECTION 35,
      TOWNSHIP 54, RANGE 24, WEST OF THE SECOND MERIDIAN;	384	73-H-11	1-Oct-03		S
	S-136446	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 2, TOWNSHIP 56, RANGE 24, WEST
      OF THE SECOND MERIDIAN;	512	73-H-14	1-Oct-03		S
	S-136447	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3 AND 4, TOWNSHIP 56, RANGE 24, WEST
      OF THE SECOND MERIDIAN;	512	73-H-13 & 73-H-14	1-Oct-03		S
	S-136448	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5 AND 6, TOWNSHIP 56, RANGE 24, WEST
      OF THE SECOND MERIDIAN;	512	73-H-13	1-Oct-03		S
	S-136449	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 56, RANGE 24, WEST
      OF THE SECOND MERIDIAN;	512	73-H-13	1-Oct-03		S
	S-136450	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 9 AND 10, TOWNSHIP 56, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-13 & 73-H-14	1-Oct-03		S
	S-136451	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 11 AND 12, TOWNSHIP 56, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-14	1-Oct-03		S
	S-136452	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 14, TOWNSHIP 56, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-14	1-Oct-03		S
	S-136453	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15 AND 16, TOWNSHIP 56, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-13 & 73-H-14	1-Oct-03		S
	S-136454	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17 AND 18, TOWNSHIP 56, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-13	1-Oct-03		S
	S-136455	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 19 AND THE SOUTHWEST QUARTER
      OF SECTION 20, TOWNSHIP 56, RANGE 24, WEST OF THE SECOND MERIDIAN;	192	73-H-13	1-Oct-03		S
	S-136456	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 20 AND ALL OF SECTION 21,
      TOWNSHIP 56, RANGE 24, WEST OF THE SECOND MERIDIAN;	384	73-H-13	1-Oct-03		S
	S-136457	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 22 AND 23, TOWNSHIP 56, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-13 & 73-H-14	1-Oct-03		S
	S-136458	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 24 AND 25, TOWNSHIP 56, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-14	1-Oct-03		S
	S-136459	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 26 AND 27, TOWNSHIP 56, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-13 & 73-H-14	1-Oct-03		S
	S-136460	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 28 AND THE SOUTHEAST QUARTER
      OF SECTION 29, TOWNSHIP 56, RANGE 24, WEST OF THE SECOND MERIDIAN;	192	73-H-13	1-Oct-03		S
	S-136461	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 31 AND THE WEST HALF OF SECTION 32,
      TOWNSHIP 56, RANGE 24, WEST OF THE SECOND MERIDIAN;	384	73-H-13	1-Oct-03		S
	S-136462	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 34, 35 AND 36, TOWNSHIP 56, RANGE
      24, WEST OF THE SECOND MERIDIAN;	768	73-H-13 & 73-H-14	1-Oct-03		S
	S-136463	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 2, TOWNSHIP 52, RANGE 25, WEST
      OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE CN RAILWAY
      RIGHT OF WAY;	512	73-H-05	1-Oct-03		S
	S-136464	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3 AND 4, TOWNSHIP 52, RANGE 25, WEST
      OF THE SECOND MERIDIAN;	512	73-H-05	1-Oct-03		S
	S-136465	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5 AND 6, TOWNSHIP 52, RANGE 25, WEST
      OF THE SECOND MERIDIAN; THE NORTHWEST QUARTER OF SECTION 6 HAS BEEN DESIGNATED
      AS ENVIRONMENTALLY SENSITIVE.	512	73-H-05	1-Oct-03		S
	S-136466	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 52, RANGE 25, WEST
      OF THE SECOND MERIDIAN;	512	73-H-05	1-Oct-03		S
	S-136467	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 9 AND 10, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-05	1-Oct-03		S
	S-136468	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 11 AND 12, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE CN RAILWAY
      RIGHT OF WAY.	512	73-H-05	1-Oct-03		S
	S-136469	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 14, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE CN RAILWAY
      RIGHT OF WAY.	512	73-H-05	1-Oct-03		S
	S-136470	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15 AND 16, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-05	1-Oct-03		S
	S-136471	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17 AND 18, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-05	1-Oct-03		S
	S-136472	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 19 AND 20, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-05 & 73-H-12	1-Oct-03		S
	S-136473	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 21 AND 22, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-05 & 73-H-12	1-Oct-03		S
	S-136474	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 23 AND 24, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE TOWN OF
      PADDOCKWOOD AND THE CN RAILWAY RIGHT OF WAY.	490	73-H-05 & 73-H-12	1-Oct-03		S
	S-136475	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 26, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136476	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27 AND 28, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136477	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29 AND 30, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136478	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 31 AND 32, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136479	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 33 AND 34, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136480	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 52, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136481	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 2, TOWNSHIP 53, RANGE 25, WEST
      OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136482	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3 AND 4, TOWNSHIP 53, RANGE 25, WEST
      OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136483	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5 AND 6, TOWNSHIP 53, RANGE 25, WEST
      OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136484	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 53, RANGE 25, WEST
      OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136485	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 9 AND 10, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136486	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 11 AND 12, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136487	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 14, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136488	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15 AND 16, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136489	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17 AND 18, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136490	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 19 AND 20, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136491	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 21 AND 22, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136492	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 23 AND 24, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136493	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 26, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136494	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27 AND 28, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136495	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29 AND 30, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN; THE EAST HALF OF SECTION 29 BEING SUBJECT TO
      THE CRITICAL WILDLIFE HABITAT PROTECTION ACT;	512	73-H-12	1-Oct-03		S
	S-136496	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 31 AND 32, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136497	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 33 AND 34, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136498	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 53, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136499	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 2, TOWNSHIP 54, RANGE 25, WEST
      OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136500	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3 AND 4, TOWNSHIP 54, RANGE 25, WEST
      OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136501	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5 AND 6, TOWNSHIP 54, RANGE 25, WEST
      OF THE SECOND MERIDIAN; THE WEST HALF OF SECTION 5 BEING SUBJECT TO THE
      CRITICAL WILDLIFE HABITAT PROTECTION ACT;	512	73-H-12	1-Oct-03		S
	S-136502	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 54, RANGE 25, WEST
      OF THE SECOND MERIDIAN; THE SOUTHEAST QUARTER OF SECTION 7 AND LEGAL SUBDIVISION
      4 OF SECTION 8 BEING SUBJECT TO THE CRITICAL WILDLIFE HABITAT PROTECTION
      ACT.	512	73-H-12	1-Oct-03		S
	S-136503	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 9 AND 10, TOWNSHIP 54, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136504	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 11 AND 12, TOWNSHIP 54, RANGE 25,
      WEST OF THE SECOND MERIDIAN; THE WEST HALF OF SECTION 11 BEING SUBJECT TO
      THE CRITICAL WILDLIFE HABITAT PROTECTION ACT.	512	73-H-12	1-Oct-03		S
	S-136505	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 14, TOWNSHIP 54, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136506	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15 AND 22, TOWNSHIP 54, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136507	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALVES OF SECTIONS 16, 17 AND 18, TOWNSHIP
      54, RANGE 25, WEST OF THE SECOND MERIDIAN;	384	73-H-12	1-Oct-03		S
	S-136508	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 18 AND THE WEST
      HALF OF SECTION 19, TOWNSHIP 54, RANGE 25, WEST OF THE SECOND MERIDIAN;	192	73-H-12	1-Oct-03		S
	S-136509	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 23 AND 24, TOWNSHIP 54, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-12	1-Oct-03		S
	S-136510	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 26, TOWNSHIP 54, RANGE 25,
      WEST OF THE SECOND MERIDIAN; THE SOUTH HALF OF SECTION 26 BEING SUBJECT
      TO THE CRITICAL WILDLIFE HABITAT PROTECTION ACT.	512	73-H-12	1-Oct-03		S
	S-136511	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 27, TOWNSHIP 54, RANGE 25, WEST OF
      THE SECOND MERIDIAN;	256	73-H-12	1-Oct-03		S
	S-136512	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 33 AND 34, TOWNSHIP 54, RANGE 25,
      WEST OF THE SECOND MERIDIAN; LEGAL SUBDIVISIONS 1, 5, 6, 7 AND 8 OF SECTION
      34 BEING SUBJECT TO THE CRITICAL WILDLIFE HABITAT PROTECTION ACT.	512	73-H-12	1-Oct-03		S
	S-136513	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 54, RANGE 25,
      WEST OF THE SECOND MERIDIAN; THE SOUTHWEST QUARTER OF SECTION 35 BEING SUBJECT
      TO THE CRITICAL WILDLIFE HABITAT PROTECTION ACT.	512	73-H-12	1-Oct-03		S
	S-136514	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 2, TOWNSHIP 56, RANGE 25, WEST
      OF THE SECOND MERIDIAN;	512	73-H-13	1-Oct-03		S
	S-136515	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3 AND 4, AND THE EAST HALF OF SECTION
      5, TOWNSHIP 56, RANGE 25, WEST OF THE SECOND MERIDIAN;	640	73-H-13	1-Oct-03		S
	S-136516	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 5 AND THE NORTHEAST
      QUARTER OF SECTION 6, TOWNSHIP 56, RANGE 25, WEST OF THE SECOND MERIDIAN;	128	73-H-13	1-Oct-03		S
	S-136517	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 6, TOWNSHIP 56, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	128	73-H-13	1-Oct-03		S
	S-136518	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 56, RANGE 25, WEST
      OF THE SECOND MERIDIAN;	512	73-H-13	1-Oct-03		S
	S-136519	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 9 AND 10, TOWNSHIP 56, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-13	1-Oct-03		S
	S-136520	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 11 AND 12, TOWNSHIP 56, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-13	1-Oct-03		S
	S-136521	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 13, TOWNSHIP 56, RANGE
      25, WEST OF THE SECOND MERIDIAN;	128	73-H-13	1-Oct-03		S
	S-136522	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 14 AND 15, TOWNSHIP 56, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-13	1-Oct-03		S
	S-136523	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 16 AND THE EAST HALF OF
      SECTION 21, TOWNSHIP 56, RANGE 25, WEST OF THE SECOND MERIDIAN;	256	73-H-13	1-Oct-03		S
	S-136524	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 18 AND THE WEST HALF OF
      SECTION 19, TOWNSHIP 56, RANGE 25, WEST OF THE SECOND MERIDIAN;	256	73-H-13	1-Oct-03		S
	S-136525	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 22 AND THE WEST HALF OF SECTION 23,
      TOWNSHIP 56, RANGE 25, WEST OF THE SECOND MERIDIAN;	384	73-H-13	1-Oct-03		S
	S-136526	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 26 AND 27, TOWNSHIP 56, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-13	1-Oct-03		S
	S-136527	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 28 AND 29, TOWNSHIP 56, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-13	1-Oct-03		S
	S-136528	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 32 AND 33, TOWNSHIP 56, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-13	1-Oct-03		S
	S-136529	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 34, 35 AND 36, TOWNSHIP 56, RANGE
      25, WEST OF THE SECOND MERIDIAN;	768	73-H-13	1-Oct-03		S
	S-136743	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF AND LEGAL SUBDIVISIONS 2, 7, 10 AND
      15 OF SECTION 18, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;	192	73-H-10	23-Dec-03		S
	S-136744	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF AND LEGAL SUBDIVISIONS 2, 7, 10 AND
      15 OF SECTION 19, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;	192	73-H-10	23-Dec-03		S
	S-136745	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 21 AND THE NORTHWEST
      QUARTER OF SECTION 22, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;	128	73-H-10	23-Dec-03		S
	S-136746	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 27 AND THE EAST HALF OF
      SECTION 28, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;	256	73-H-10	23-Dec-03		S
	S-136747	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF AND LEGAL SUBDIVISIONS 2, 7, 10 AND
      15 OF SECTION 30; AND LEGAL SUBDIVISIONS 2, 3 AND 4 OF SECTION 31, TOWNSHIP
      54, RANGE 19, WEST OF THE SECOND MERIDIAN;	240	73-H-10	23-Dec-03		S
	S-136748	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF AND LEGAL SUBDIVISIONS 2, 7, 10 AND
      15 OF SECTION 5, TOWNSHIP 53, RANGE 20, WEST OF THE SECOND MERIDIAN;	192	73-H-10	23-Dec-03		S
	S-136749	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF AND LEGAL SUBDIVISIONS 3, 6, 11 AND
      14 OF SECTION 6, TOWNSHIP 53, RANGE 20, WEST OF THE SECOND MERIDIAN;	192	73-H-10	23-Dec-03		S
	S-136750	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1, 2, 3, 6, 7 AND 8 OF SECTION
      7, TOWNSHIP 53, RANGE 20, WEST OF THE SECOND MERIDIAN;	96	73-H-10	23-Dec-03		S
	S-136751	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 2, 3, 4, 5, 6 AND 7 OF SECTION
      8, TOWNSHIP 53, RANGE 20, WEST OF THE SECOND MERIDIAN;	96	73-H-10	23-Dec-03		S
	S-136752	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 11, THE NORTH HALF
      OF SECTION 12, ALL OF SECTION 13 AND THE EAST HALF OF SECTION 14, TOWNSHIP
      54, RANGE 20, WEST OF THE SECOND MERIDIAN;	576	73-H-10	23-Dec-03		S
	S-136753	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 11, THE NORTH HALF
      OF SECTION 12, THE SOUTH HALF OF SECTION 13 AND THE SOUTHEAST QUARTER OF
      SECTION 14, TOWNSHIP 53, RANGE 21, WEST OF THE SECOND MERIDIAN;	384	73-H-10	23-Dec-03		S
	S-136754	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 21, TOWNSHIP 54,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-H-11	23-Dec-03		S
	S-136755	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 28, TOWNSHIP 54, RANGE 21, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	23-Dec-03		S
	S-136756	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 12, TOWNSHIP 56, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136757	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 13, TOWNSHIP 56, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136758	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 14, TOWNSHIP 56, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136759	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 15, TOWNSHIP 56, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136760	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 22, TOWNSHIP 56, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136761	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 23, TOWNSHIP 56, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136762	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 24, TOWNSHIP 56, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136763	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 25, TOWNSHIP 56, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136764	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 33, TOWNSHIP 56, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136765	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 36, TOWNSHIP 56, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136766	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 13, TOWNSHIP 55,
      RANGE 23, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM
      THE RESORT VILLAGE OF CANDLE LAKE;	64	73-H-11 & 73-H-14	23-Dec-03		S
	S-136767	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 14, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE RESORT VILLAGE
      OF CANDLE LAKE;	255	73-H-11 & 73-H-14	23-Dec-03		S
	S-136768	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 15, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11 & 73-H-14	23-Dec-03		S
	S-136769	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 16, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11 & 73-H-14	23-Dec-03		S
	S-136770	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 17, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11 & 73-H-14	23-Dec-03		S
	S-136771	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 19, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136772	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 20, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136773	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 21, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136774	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 22, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136775	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 28, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136776	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 29, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136777	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 30, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136778	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 31, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136779	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 32, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-14	23-Dec-03		S
	S-136782	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1, 8, 9 AND 16 OF SECTION 17,
      TOWNSHIP 50, RANGE 18, WEST OF THE SECOND MERIDIAN;	64	73-H-07	2-Jan-04		S
	S-136783	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 2, 7, 10 AND 15 OF SECTION 17,
      TOWNSHIP 50, RANGE 18, WEST OF THE SECOND MERIDIAN;	64	73-H-07	2-Jan-04		S
	S-136784	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 3, 6, 11 AND 14 OF SECTION 17,
      TOWNSHIP 50, RANGE 18, WEST OF THE SECOND MERIDIAN;	64	73-H-07	2-Jan-04		S
	S-136785	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 4, 5, 12 AND 13 OF SECTION 17,
      TOWNSHIP 50, RANGE 18, WEST OF THE SECOND MERIDIAN;	64	73-H-07	2-Jan-04		S
	S-136786	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 2, 7, 10 AND 15 AND THE WEST HALF
      OF SECTION 8, TOWNSHIP 50, RANGE 18, WEST OF THE SECOND MERIDIAN;	192	73-H-07	2-Jan-04		S
	S-136787	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 18, TOWNSHIP 50, RANGE 18,
      WEST OF THE SECOND MERIDIAN;	512	73-H-07	2-Jan-04		S
	S-136788	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 20, TOWNSHIP 50, RANGE 18, WEST OF
      THE SECOND MERIDIAN;	256	73-H-07	2-Jan-04		S
	S-136789	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 7, TOWNSHIP 52,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-H-06	2-Jan-04	GC #45637	S
	S-136790	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 7, TOWNSHIP 52,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-H-06	2-Jan-04	GC #45637	S
	S-136791	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 17, TOWNSHIP 52,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-H-06	2-Jan-04	GC #45637	S
	S-136792	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 18, TOWNSHIP 52,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-H-06	2-Jan-04	GC #45637	S
	S-136793	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 18, TOWNSHIP 52,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-H-06	2-Jan-04	GC #45637	S
	S-136794	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 15 AND 16 OF SECTION 22, AND LEGAL
      SUBDIVISION 13 OF SECTION 23, TOWNSHIP 49, RANGE 22, WEST OF THE SECOND
      MERIDIAN;	48	73-H-03	2-Jan-04	GC #45638	S
	S-136795	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 27, TOWNSHIP 49, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	128	73-H-03 & 73-H-06	2-Jan-04	GC #45638	S
	S-136796	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 15, THE NORTH HALF
      OF SECTION 16, THE NORTH HALF OF SECTION 17 AND THE NORTHEAST QUARTER OF
      SECTION 18, TOWNSHIP 51, RANGE 22, WEST OF THE SECOND MERIDIAN;	384	73-H-06	2-Jan-04	GC #45636	S
	S-136797	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 19 AND THE EAST HALF OF
      SECTION 30, TOWNSHIP 51, RANGE 22, WEST OF THE SECOND MERIDIAN;	256	73-H-06	2-Jan-04		S
	S-136798	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 22 AND THE WEST HALF OF
      SECTION 27, TOWNSHIP 51, RANGE 22, WEST OF THE SECOND MERIDIAN;	256	73-H-06	2-Jan-04		S
	S-136799	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 31, THE SOUTH HALF
      OF SECTION 32, THE SOUTH HALF OF SECTION 33 AND THE SOUTHWEST QUARTER OF
      SECTION 34, TOWNSHIP 51, RANGE 22, WEST OF THE SECOND MERIDIAN;	384	73-H-06	2-Jan-04		S
	S-136800	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 31 AND 32, TOWNSHIP 48, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06	2-Jan-04		S
	S-136801	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 19 AND THE WEST HALF OF SECTION 20,
      TOWNSHIP 48, RANGE 22, WEST OF THE SECOND MERIDIAN;	384	73-H-03	2-Jan-04		S
	S-136802	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 20, TOWNSHIP 48,
      RANGE 22, WEST OF THE SECOND MERIDIAN;	64	73-H-03	2-Jan-04		S
	S-136803	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 21 AND 22, TOWNSHIP 48, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-03	2-Jan-04		S
	S-136804	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 23 AND 24, TOWNSHIP 48, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-03	2-Jan-04		S
	S-136805	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25, 26, 35 AND 36, TOWNSHIP 48, RANGE
      22, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THAT PORTION
      OF SECTION 35 LYING WEST OF THE RIVER;	1022	73-H-03	2-Jan-04		S
	S-136806	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27, 28 AND 33, AND THE WEST HALF
      OF SECTION 34, TOWNSHIP 48, RANGE 22, WEST OF THE SECOND MERIDIAN;	896	73-H-03	2-Jan-04		S
	S-136807	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29, 30, 31 AND 32, TOWNSHIP 48, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-03	2-Jan-04		S
	S-136808	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 11 AND 12, TOWNSHIP 49, RANGE
      22, WEST OF THE SECOND MERIDIAN; THE NORTH HALF OF SECTION 1 AND THE SOUTHWEST
      QUARTER OF SECTION 2 ARE SUBJECT TO THE CRITICAL WILDLIFE HABITAT PROTECTION
      ACT;	1024	73-H-03	2-Jan-04		S
	S-136809	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 3, TOWNSHIP 49, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-03	2-Jan-04		S
	S-136810	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 10, TOWNSHIP 49,
      RANGE 22, WEST OF THE SECOND MERIDIAN;	64	73-H-03	2-Jan-04		S
	S-136811	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5, 6, 7 AND 8, TOWNSHIP 49, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-03	2-Jan-04		S
	S-136812	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 9, TOWNSHIP 49, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-03	2-Jan-04		S
	S-136813	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 10, TOWNSHIP 49,
      RANGE 22, WEST OF THE SECOND MERIDIAN;	64	73-H-03	2-Jan-04		S
	S-136814	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 13, TOWNSHIP 49,
      RANGE 22, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREROM THE
      SASKATCHEWAN RIVER FORK RECREATION SITE;	52	73-H-03	2-Jan-04		S
	S-136815	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 4 AND 5 OF SECTION 13, THE SOUTHEAST
      QUARTER, THE NORTH HALF AND LEGAL SUBDIVISIONS 5 AND 6 OF SECTION 14, TOWNSHIP
      49, RANGE 22, WEST OF THE SECOND MERIDIAN;	256	73-H-03	2-Jan-04		S
	S-136816	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15 AND 16, TOWNSHIP 49, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-03	2-Jan-04		S
	S-136817	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17, 18, 19 AND 20, TOWNSHIP 49, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-03	2-Jan-04		S
	S-136818	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 21, TOWNSHIP 49, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-03	2-Jan-04		S
	S-136819	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF AND LEGAL SUBDIVISIONS 9 AND 12 OF
      SECTION 22, TOWNSHIP 49, RANGE 22, WEST OF THE SECOND MERIDIAN;	160	73-H-03	2-Jan-04		S
	S-136820	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF, THE NORTHEAST QUARTER AND LEGAL SUBDIVISIONS
      11, 12 AND 14 OF SECTION 23, AND ALL OF SECTION 24, TOWNSHIP 49, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	496	73-H-03	2-Jan-04		S
	S-136821	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 25 AND THE EAST HALF OF SECTION 26,
      TOWNSHIP 49, RANGE 22, WEST OF THE SECOND MERIDIAN;	384	73-H-03 & 73-H-06	2-Jan-04		S
	S-136822	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 13 AND 14 OF SECTION 26, TOWNSHIP
      49, RANGE 22, WEST OF THE SECOND MERIDIAN;	32	73-H-06	2-Jan-04	GC #45638	S
	S-136823	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 5 AND 6 AND THE NORTHWEST QUARTER
      OF SECTION 27, TOWNSHIP 49, RANGE 22, WEST OF THE SECOND MERIDIAN;	96	73-H-06	2-Jan-04	gc #45638	S
	S-136824	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 28 AND 29, TOWNSHIP 49, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-03 & 73-H-06	2-Jan-04		S
	S-136825	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 30, TOWNSHIP 49, RANGE 22,
      WEST OF THE SECOND MERIDIAN; THE NORTHEAST QUARTER BEING SUBJECT TO THE
      CRITICAL WILDLIFE HABITAT PROTECTION ACT;	128	73-H-03 & 73-H-06	2-Jan-04		S
	S-136826	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 31 AND 32, TOWNSHIP 49, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06	2-Jan-04		S
	S-136827	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 33 AND 34, TOWNSHIP 49, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06	2-Jan-04		S
	S-136828	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 49, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06	2-Jan-04		S
	S-136829	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 11 AND 12, TOWNSHIP 50, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136830	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3, 4, 9 AND 10, TOWNSHIP 50, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136831	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5, 6, 7 AND 8, TOWNSHIP 50, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136832	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13, 14, 23 AND THE WEST HALF OF SECTION
      24, TOWNSHIP 50, RANGE 22, WEST OF THE SECOND MERIDIAN;	896	73-H-06	2-Jan-04		S
	S-136833	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15, 16, 21 AND 22, TOWNSHIP 50, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136834	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17, 18, 19 AND 20, TOWNSHIP 50, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136835	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 25, TOWNSHIP 50, RANGE
      22, WEST OF THE SECOND MERIDIAN;	128	73-H-06	2-Jan-04		S
	S-136836	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 26 AND 35, TOWNSHIP 50, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06	2-Jan-04		S
	S-136837	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27, 28, 33 AND 34, TOWNSHIP 50, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136838	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29, 30, 31 AND 32, TOWNSHIP 50, RANGE
      22, WEST OF THE SECOND MERIDIAN; THE NORTHWEST QUARTER OF SECTION 29 AND
      THE SOUTHWEST QUARTER OF SECTION 31 BEING SUBJECT TO THE CRITICAL WILDLIFE
      HABITAT PROTECTION ACT.	1024	73-H-06	2-Jan-04		S
	S-136839	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 11 AND 12, TOWNSHIP 51, RANGE
      22, WEST OF THE SECOND MERIDIAN; THE NORTHWEST QUARTER OF SECTION 11 BEING
      SUBJECT TO THE CRITICAL WILDLIFE HABITAT PROTECTION ACT; AND THE SOUTHEAST
      QUARTER OF SECTION 12 BEING DESIGNATED AS ENVIRONMENTALLY SENSITIVE;	1024	73-H-06	2-Jan-04		S
	S-136840	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3, 4, 9 AND 10, TOWNSHIP 51, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04	GC #45636	S
	S-136841	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5, 6, 7 AND 8, TOWNSHIP 51, RANGE
      22, WEST OF THE SECOND MERIDIAN; THE SOUTH HALF OF SECTION 5 BEING SUBJECT
      TO THE CRITICAL WILDLIFE HABITAT PROTECTION ACT AND THE EAST HALF OF SECTION
      6 BEING DESIGNATED AS ENVIRONMENTALLY SENSITIVE;	1024	73-H-06	2-Jan-04	GC #45636	S
	S-136842	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13, 14, 23 AND 24, TOWNSHIP 51, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136843	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 15, TOWNSHIP 51,
      RANGE 22, WEST OF THE SECOND MERIDIAN;	64	73-H-06	2-Jan-04		S
	S-136844	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 15 AND THE SOUTH HALF OF
      SECTION 16, TOWNSHIP 51, RANGE 22, WEST OF THE SECOND MERIDIAN;	256	73-H-06	2-Jan-04	GC #45636	S
	S-136845	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 17 AND THE SOUTH HALF OF
      SECTION 18, TOWNSHIP 51, RANGE 22, WEST OF THE SECOND MERIDIAN;	256	73-H-06	2-Jan-04	GC #45636	S
	S-136846	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 18 AND THE WEST
      HALF OF SECTION 19, TOWNSHIP 51, RANGE 22, WEST OF THE SECOND MERIDIAN;	192	73-H-06	2-Jan-04		S
	S-136847	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 25, THE EAST HALF OF SECTION 26, THE
      EAST HALF OF SECTION 35 AND ALL OF SECTION 36,TOWNSHIP 51, RANGE 22, WEST
      OF THE SECOND MERIDIAN;	768	73-H-06	2-Jan-04		S
	S-136848	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 27 AND THE EAST
      HALF OF SECTION 34, TOWNSHIP 51, RANGE 22, WEST OF THE SECOND MERIDIAN;	192	73-H-06	2-Jan-04		S
	S-136849	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 30 AND THE SOUTHWEST QUARTER
      OF SECTION 31, TOWNSHIP 51, RANGE 22, WEST OF THE SECOND MERIDIAN;	192	73-H-06	2-Jan-04		S
	S-136850	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 32, THE NORTH HALF OF SECTION
      33, AND THE NORTHWEST QUARTER OF SECTION 34, TOWNSHIP 51, RANGE 22, WEST
      OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE CP RAILWAY
      RIGHT OF WAY;	320	73-H-06	2-Jan-04		S
	S-136851	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 11 AND 12, TOWNSHIP 53, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136852	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3, 4, 9 AND 10, TOWNSHIP 53, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136853	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5, 6, 7 AND 8, TOWNSHIP 53, RANGE
      22, WEST OF THE SECOND MERIDIAN; THE NORTH HALF OF SECTION 6 BEING SUBJECT
      TO THE CRITICAL WILDLIFE HABITAT PROTECTION ACT;	1024	73-H-11	2-Jan-04		S
	S-136854	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 14, THE SOUTH HALF, NORTHEAST
      QUARTER AND LEGAL SUBDIVISIONS 11, 12 AND 14 OF SECTION 23, AND ALL OF SECTION
      24, TOWNSHIP 53, RANGE 22, WEST OF THE SECOND MERIDIAN;	1008	73-H-11	2-Jan-04		S
	S-136855	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15, 16 AND 21, THE SOUTH HALF AND
      LEGAL SUBDIVISIONS 9 TO 14 OF SECTION 22, TOWNSHIP 53, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	992	73-H-11	2-Jan-04		S
	S-136856	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17, 18, 19 AND 20, TOWNSHIP 53, RANGE
      22, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136857	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 25, THE SOUTHEAST QUARTER, LEGAL SUBDIVISIONS
      3 AND 6 AND THE NORTH HALF OF SECTION 26, AND ALL OF SECTIONS 35 AND 36,
      TOWNSHIP 53, RANGE 22, WEST OF THE SECOND MERIDIAN;	992	73-H-11	2-Jan-04		S
	S-136858	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER AND THE NORTH HALF OF SECTION
      27 AND ALL OF SECTION 28, TOWNSHIP 53, RANGE 22, WEST OF THE SECOND MERIDIAN;	448	73-H-11	2-Jan-04		S
	S-136859	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29 AND 30, TOWNSHIP 53, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	2-Jan-04		S
	S-136860	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 31, TOWNSHIP 53, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	128	73-H-11	2-Jan-04		S
	S-136861	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 33, TOWNSHIP 53, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136862	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 11 AND 12, TOWNSHIP 50, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136863	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3, 4, 9 AND 10, TOWNSHIP 50, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136864	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5, 6, 7 AND 8, TOWNSHIP 50, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136865	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13, 14, 23 AND 24, TOWNSHIP 50, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136866	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15, 16, 21 AND 22, TOWNSHIP 50, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136867	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17, 18, 19 AND 20, TOWNSHIP 50, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136868	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25, 26, 35 AND 36, TOWNSHIP 50, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136869	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27, 28, 33 AND 34, TOWNSHIP 50, RANGE
      23, WEST OF THE SECOND MERIDIAN; THE NORTHWEST QUARTER OF SECTION 33 BEING
      SUBJECT TO THE CRITICAL WILDLIFE HABITAT PROTECTION ACT;	1024	73-H-06	2-Jan-04		S
	S-136870	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29, 30, 31 AND 32, TOWNSHIP 50, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136871	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 11 AND 12, TOWNSHIP 51, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136872	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3, 4, 9 AND 10, TOWNSHIP 51, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136873	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5, 6, 7 AND 8, TOWNSHIP 51, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136874	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13, 14, 23 AND 24, TOWNSHIP 51, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136875	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15, 16, 21 AND 22, TOWNSHIP 51, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136876	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17, 18, 19 AND 20, TOWNSHIP 51, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-06	2-Jan-04		S
	S-136877	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25, 26, 35 AND 36, TOWNSHIP 51, RANGE
      23, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE CP
      RAILWAY RIGHT OF WAY;	1024	73-H-06	2-Jan-04		S
	S-136878	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27, 28, 33 AND 34, TOWNSHIP 51, RANGE
      23, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE CP
      RAILWAY RIGHT OF WAY;	1024	73-H-06	2-Jan-04		S
	S-136879	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29 AND 30, TOWNSHIP 51, RANGE 23,
      WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE CP RAILWAY
      RIGHT OF WAY;	512	73-H-06	2-Jan-04		S
	S-136880	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 31, TOWNSHIP 51, RANGE 23, WEST OF
      THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE CP RAILWAY RIGHT
      OF WAY;	256	73-H-06	2-Jan-04		S
	S-136881	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 32, TOWNSHIP 51, RANGE 23, WEST OF
      THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE CP RAILWAY RIGHT
      OF WAY AND THE VILLAGE OF MEATH PARK;	224	73-H-06	2-Jan-04		S
	S-136882	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 11 AND 12, TOWNSHIP 53, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136883	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3, 4, 9 AND 10, TOWNSHIP 53, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136884	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5, 6, 7 AND 8, TOWNSHIP 53, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136885	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13, 14, 23 AND 24, TOWNSHIP 53, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136886	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15, 16, 21 AND 22, TOWNSHIP 53, RANGE
      23, WEST OF THE SECOND MERIDIAN; THE SOUTHEAST QUARTER OF SECTION 16 BEING
      DESIGNATED AS ENVIRONMENTALLY SENSITIVE;	1024	73-H-11	2-Jan-04		S
	S-136887	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17, 18, 19 AND 20, TOWNSHIP 53, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136888	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25, 26, 35 AND 36, TOWNSHIP 53, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136889	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27, 28, 33 AND 34, TOWNSHIP 53, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136890	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29, 30, 31 AND 32, TOWNSHIP 53, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136891	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 11 AND 12, TOWNSHIP 54, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136892	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3, 4, 9 AND 10, TOWNSHIP 54, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136893	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5, 6, 7 AND 8, TOWNSHIP 54, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136894	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13, 14, 23 AND 24, TOWNSHIP 54, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136895	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15, 16, 21 AND 22, TOWNSHIP 54, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136896	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17, 18, 19 AND 20, TOWNSHIP 54, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136897	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25, 26, 35 AND 36, TOWNSHIP 54, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136898	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27, 28, 33 AND 34, TOWNSHIP 54, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136899	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29, 30, 31 AND 32, TOWNSHIP 54, RANGE
      23, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136900	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 11 AND 12, TOWNSHIP 53, RANGE
      24, WEST OF THE SECOND MERIDIAN; THE EAST HALF OF SECTION 11 BEING DESIGNATED
      AS ENVIRONMENTALLY SENSITIVE AND THE SOUTHWEST QUARTER OF SECTION 12 BEING
      SUBJECT TO THE CRITICAL WILDLIFE HABITAT PROTECTION ACT;	1024	73-H-11	2-Jan-04		S
	S-136901	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3, 4, 9 AND 10, TOWNSHIP 53, RANGE
      24, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136902	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5, 6, 7 AND 8, TOWNSHIP 53, RANGE
      24, WEST OF THE SECOND MERIDIAN;	1024	73-H-11 & 73-H-12	2-Jan-04		S
	S-136903	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 14, THE EAST HALF OF SECTION
      15, THE EAST HALF OF SECTION 22 AND ALL OF SECTIONS 23 AND 24, TOWNSHIP
      53, RANGE 24, WEST OF THE SECOND MERIDIAN;	1280	73-H-11	2-Jan-04		S
	S-136904	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17, 18, 19 AND 20, TOWNSHIP 53, RANGE
      24, WEST OF THE SECOND MERIDIAN;	1024	73-H-11	2-Jan-04		S
	S-136905	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 36, TOWNSHIP 53, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	2-Jan-04		S
	S-136906	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 26 AND THE SOUTH HALF OF SECTION 35,
      TOWNSHIP 53, RANGE 24, WEST OF THE SECOND MERIDIAN;	384	73-H-11	2-Jan-04		S
	S-136907	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27 AND 28, THE SOUTH HALF OF SECTION
      33 AND THE SOUTH HALF OF SECTION 34, TOWNSHIP 53, RANGE 24, WEST OF THE
      SECOND MERIDIAN;	768	73-H-11	2-Jan-04		S
	S-136908	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29, 30, 31 AND 32, TOWNSHIP 53, RANGE
      24, WEST OF THE SECOND MERIDIAN;	1024	73-H-11 & 73-H-12	2-Jan-04		S
	S-136909	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 1, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN; THE NORTHWEST QUARTER BEING SUBJECT TO THE CRITICAL
      WILDLIFE HABITAT PROTECTION ACT;	256	73-H-10	2-Jan-04		S
	S-136910	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 2, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136911	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 3, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136912	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 4, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136913	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1, 8, 9 AND 16 OF SECTION 5 AND
      LEGAL SUBDIVISIONS 1 AND 8 OF SECTION 8, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	96	73-H-10	2-Jan-04		S
	S-136914	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 4, 5, 12 AND 13 OF SECTION 6 AND
      THE LEGAL SUBDIVISIONS 4 AND 5 OF SECTION 7, TOWNSHIP 53, RANGE 20, WEST
      OF THE SECOND MERIDIAN;	96	73-H-10	2-Jan-04		S
	S-136915	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 7 AND THE NORTH HALF OF
      SECTION 8, TOWNSHIP 53, RANGE 20, WEST OF THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136916	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 9, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136917	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 10, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136918	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 11, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136919	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 12, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136920	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 14, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136921	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 15, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136922	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 16, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136923	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 17, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136924	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 18, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136925	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 19, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136926	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 20, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136927	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 21, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136928	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 22, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136929	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 28, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136930	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 29, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136931	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 30, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136932	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 31, TOWNSHIP 53, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	2-Jan-04		S
	S-136933	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 32, TOWNSHIP 53, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	128	73-H-10	2-Jan-04		S
	S-136934	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 32 AND THE SOUTHWEST
      QUARTER OF SECTION 33, TOWNSHIP 53, RANGE 20, WEST OF THE SECOND MERIDIAN;	128	73-H-10	2-Jan-04		S
	S-136935	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 33, TOWNSHIP 53, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	128	73-H-10	2-Jan-04		S
	S-136936	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 19, TOWNSHIP 54, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136937	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 20, TOWNSHIP 54, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136938	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 28, TOWNSHIP 54, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136939	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 29, TOWNSHIP 54, RANGE
      22, WEST OF THE SECOND MERIDIAN;	128	73-H-11	2-Jan-04		S
	S-136940	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 29, TOWNSHIP 54,
      RANGE 22, WEST OF THE SECOND MERIDIAN;	64	73-H-11	2-Jan-04		S
	S-136941	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 31, TOWNSHIP 54, RANGE 22, WEST OF
      THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE RESORT VILLAGE
      OF CANDLE LAKE;	239	73-H-11	2-Jan-04		S
	S-136942	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 32, TOWNSHIP 54, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136943	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 33, TOWNSHIP 54, RANGE 22, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136944	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 4 AND 5 LYING SOUTH AND EAST OF THE
      SURVEYED ROAD AS SHOWN ON REGISTERED PLAN NO. 70-PA-12752, TOWNSHIP 55,
      RANGE 22, WEST OF THE SECOND MERIDIAN;	106	73-H-11	2-Jan-04		S
	S-136945	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 6, TOWNSHIP 55, RANGE 22,
      WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFORM THE RESORT
      VILLAGE OF CANDLE LAKE;	128	73-H-11	2-Jan-04		S
	S-136946	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 1, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136947	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 2, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136948	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 3, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136949	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 4, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136950	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 5, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136951	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 6, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136952	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 10, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136953	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 11, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-136954	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 12, TOWNSHIP 55, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	2-Jan-04		S
	S-137082	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 3, TOWNSHIP 50, RANGE 18, WEST OF
      THE SECOND MERIDIAN;	256	73-H-07	16-Feb-04		S
	S-137083	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 9, 15 AND 16 OF SECTION 4, TOWNSHIP
      50, RANGE 18, WEST OF THE SECOND MERIDIAN;	48	73-H-07	16-Feb-04		S
	S-137084	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 9, TOWNSHIP 50, RANGE 18, WEST OF
      THE SECOND MERIDIAN;	256	73-H-07	16-Feb-04		S
	S-137085	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1, 2, 3 AND 4 OF SECTION 10, TOWNSHIP
      50, RANGE 18, WEST OF THE SECOND MERIDIAN;	64	73-H-07	16-Feb-04		S
	S-137086	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 8, 9 AND 16 OF SECTION 10, TOWNSHIP
      50, RANGE 18, WEST OF THE SECOND MERIDIAN;	48	73-H-07	16-Feb-04		S
	S-137250	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 26 AND 27, TOWNSHIP 52, RANGE 19,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	1-Mar-04		S
	S-137251	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 33 AND 34, TOWNSHIP 52, RANGE 19,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	1-Mar-04		S
	S-137252	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 52, RANGE 19,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	1-Mar-04		S
	S-137253	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF LEGAL SUBDIVISION 13 OF SECTION
      17 AND THE SOUTHWEST QUARTER OF SECTION 20, TOWNSHIP 52, RANGE 21, WEST
      OF THE SECOND MERIDIAN;	72	73-H-06 & 73-H-11	1-Mar-04		S
	S-137338	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER AND LEGAL SUBDIVISIONS 11 AND
      12 OF SECTION 26, TOWNSHIP 49, RANGE 22, WEST OF THE SECOND MERIDIAN;	96	73-H-03 & 73-H-06	1-Apr-04	GC #45638	S
	S-137339	ACTIVE	HORST SCHULZ 100%	THE SOUTHEAST QUARTER OF SECTION 15, TOWNSHIP 51,
      RANGE 24, WEST OF THE SECOND MERIDIAN;	64	73-H-06	15-Apr-04		S
	S-137340	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 12 AND 13, TOWNSHIP 53, RANGE 19,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137341	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 22, TOWNSHIP 53,
      RANGE 19, WEST OF THE SECOND MERIDIAN;	64	73-H-10	3-May-04		S
	S-137342	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 22 AND ALL OF SECTIONS 23
      AND 24, TOWNSHIP 53, RANGE 19, WEST OF THE SECOND MERIDIAN; THE EAST HALF
      OF SECTION 22, THE NORTH HALF AND SOUTHWEST QUARTER OF SECTION 23 BEING
      SUBJECT TO THE CRITICAL WILDLIFE HABITAT PROTECTION ACT AND THE NORTHWEST
      QUARTER OF SECTION 24 BEING DESIGNATED AS ENVIRONMENTALLY SENSITIVE;	640	73-H-10	3-May-04		S
	S-137343	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 36, TOWNSHIP 53, RANGE 19,
      WEST OF THE SECOND MERIDIAN; SECTION 36 BEING SUBJECT TO THE CRITICAL WILDLIFE
      HABITAT PROTECTION ACT;	512	73-H-10	3-May-04		S
	S-137344	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 26 AND 35, TOWNSHIP 53, RANGE 19,
      WEST OF THE SECOND MERIDIAN; SECTIONS 26 AND 35 BEING SUBJECT TO THE CRITICAL
      WILDLIFE HABITAT PROTECTION ACT;	512	73-H-10	3-May-04		S
	S-137345	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27 AND 34, TOWNSHIP 53, RANGE 19,
      WEST OF THE SECOND MERIDIAN; THE EAST HALF OF SECTION 27 AND THE NORTH HALF
      OF SECTION 34 BEING SUBJECT TO THE CRITICAL WILDLIFE HABITAT PROTECTION
      ACT;	512	73-H-10	3-May-04		S
	S-137346	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 2, TOWNSHIP 54, RANGE 19, WEST
      OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137347	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3 AND 4, TOWNSHIP 54, RANGE 19, WEST
      OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137348	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 5, TOWNSHIP 54, RANGE 19, WEST OF
      THE SECOND MERIDIAN;	256	73-H-10	3-May-04		S
	S-137349	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 6, TOWNSHIP 54,
      RANGE 19, WEST OF THE SECOND MERIDIAN;	64	73-H-10	3-May-04		S
	S-137350	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 54, RANGE 19, WEST
      OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137351	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 9 AND 10, TOWNSHIP 54, RANGE 19,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137352	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 11 AND 12, TOWNSHIP 54, RANGE 19,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137353	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 14, TOWNSHIP 54, RANGE 19,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137354	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15 AND 16, TOWNSHIP 54, RANGE 19,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137355	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 17 AND LEGAL SUBDIVISIONS 1, 8, 9
      AND 16 OF SECTION 18, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;	320	73-H-10	3-May-04		S
	S-137356	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1, 8, 9 AND 16 OF SECTION 19 AND
      ALL OF SECTION 20, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;	320	73-H-10	3-May-04		S
	S-137357	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 21, THE WEST HALF OF SECTION
      28 AND THE SOUTHWEST QUARTER OF SECTION 33, TOWNSHIP 54, RANGE 19, WEST
      OF THE SECOND MERIDIAN;	320	73-H-10	3-May-04		S
	S-137358	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 21 AND THE SOUTHWEST
      QUARTER OF SECTION 22, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;	128	73-H-10	3-May-04		S
	S-137359	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 22, THE EAST HALF OF SECTION
      27 AND THE SOUTHEAST QUARTER OF SECTION 34, TOWNSHIP 54, RANGE 19, WEST
      OF THE SECOND MERIDIAN;	320	73-H-10	3-May-04		S
	S-137360	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 23 AND 24, TOWNSHIP 54, RANGE 19,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137361	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 26, TOWNSHIP 54, RANGE 19,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137362	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 29 AND LEGAL SUBDIVISIONS 1, 8, 9
      AND 16 OF SECTION 30, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;	320	73-H-10	3-May-04		S
	S-137363	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1, 8, 9 AND 16 OF SECTION 31 AND
      ALL OF SECTION 32, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN; EXCEPTING
      THEREOUT AND THEREFROM THAT AREA CONTAINED WITHIN S-103315;	320	73-H-10	3-May-04		S
	S-137364	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 33 AND THE NORTH HALF OF
      SECTION 34, TOWNSHIP 54, RANGE 19, WEST OF THE SECOND MERIDIAN;	256	73-H-10	3-May-04		S
	S-137365	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 54, RANGE 19,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137366	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 4, TOWNSHIP 54, RANGE 20,
      WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THAT AREA
      CONTAINED WITHIN S-100942;	96	73-H-10	3-May-04		S
	S-137367	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 4 AND THE NORTHEAST
      QUARTER OF SECTION 5, TOWNSHIP 54, RANGE 20, WEST OF THE SECOND MERIDIAN;	128	73-H-10	3-May-04		S
	S-137368	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 5 AND ALL OF SECTION 6,
      TOWNSHIP 54, RANGE 20, WEST OF THE SECOND MERIDIAN;	384	73-H-10	3-May-04		S
	S-137369	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 54, RANGE 20, WEST
      OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137370	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 9 AND 16, TOWNSHIP 54, RANGE 20,
      WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THOSE AREAS
      CONTAINED WITHIN S-100941, S-100942, S-100939 AND S-102183;	400	73-H-10	3-May-04		S
	S-137371	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 18 AND THE WEST HALF OF
      SECTION 19, TOWNSHIP 54, RANGE 20, WEST OF THE SECOND MERIDIAN;	256	73-H-10	3-May-04		S
	S-137372	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	A PORTION OF LEGAL SUBDIVISIONS 15 AND 16 OF SECTION
      19, A PORTION OF LEGAL SUBDIVISIONS 13, 14, 15 AND 16 OF SECTION 20, A PORTION
      OF LEGAL SUBDIVISION 13 OF SECTION 21, A PORTION OF LEGAL SUBDIVISIONS 4,
      5, 12 AND 13 OF SECTION 28 AND ALL OF SECTIONS 29 AND 30, TOWNSHIP 54, RANGE
      20, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THOSE
      AREAS CONTAINED WITHIN S-100939 AND S-102183;	632	73-H-10	3-May-04		S
	S-137373	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 31, TOWNSHIP 54, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	128	73-H-10	3-May-04		S
	S-137374	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 5 AND ALL OF SECTION 6,
      TOWNSHIP 55, RANGE 20, WEST OF THE SECOND MERIDIAN;	384	73-H-10	3-May-04		S
	S-137375	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 55, RANGE 20, WEST
      OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137376	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 9 AND 10, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137377	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 11 AND 12, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10	3-May-04		S
	S-137378	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 14, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10 & 73-H-15	3-May-04		S
	S-137379	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15 AND 16, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10 & 73-H-15	3-May-04		S
	S-137380	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17 AND 18, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10 & 73-H-15	3-May-04		S
	S-137381	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 19 AND 20, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-15	3-May-04		S
	S-137382	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 21 AND 22, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-15	3-May-04		S
	S-137383	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 23 AND 24, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-15	3-May-04		S
	S-137384	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 26, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-15	3-May-04		S
	S-137385	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27 AND 28, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-15	3-May-04		S
	S-137386	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29 AND 30, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-15	3-May-04		S
	S-137387	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 31 AND 32, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-15	3-May-04		S
	S-137388	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 33 AND 34, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-15	3-May-04		S
	S-137389	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 55, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	512	73-H-15	3-May-04		S
	S-137390	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 9, TOWNSHIP 52, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	128	73-H-06	3-May-04		S
	S-137391	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 9 AND THE SOUTH HALF OF
      SECTION 16, TOWNSHIP 52, RANGE 21, WEST OF THE SECOND MERIDIAN;	256	73-H-06	3-May-04		S
	S-137392	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 2, TOWNSHIP 55, RANGE 21, WEST
      OF THE SECOND MERIDIAN;	512	73-H-10 & 73-H-11	3-May-04		S
	S-137393	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3 AND 4, TOWNSHIP 55, RANGE 21, WEST
      OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137394	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5 AND 6, TOWNSHIP 55, RANGE 21, WEST
      OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137395	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 55, RANGE 21, WEST
      OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137396	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 9 AND 10, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137397	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 11 AND 12, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10 & 73-H-11	3-May-04		S
	S-137398	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 14, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-10, 73-H-11, 73-H-14 & 73-H-15	3-May-04		S
	S-137399	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15 AND 16, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11 & 73-H-14	3-May-04		S
	S-137400	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17 AND 18, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11 & 73-H-14	3-May-04		S
	S-137401	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 19 AND 20, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-14	3-May-04		S
	S-137402	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 21 AND 22, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-14	3-May-04		S
	S-137403	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 23 AND 24, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-14 & 73-H-15	3-May-04		S
	S-137404	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 26, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-14 & 73-H-15	3-May-04		S
	S-137405	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27 AND 28, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-14	3-May-04		S
	S-137406	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29 AND 30, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-14	3-May-04		S
	S-137407	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 31 AND 32, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-14	3-May-04		S
	S-137408	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 33 AND 34, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-14	3-May-04		S
	S-137409	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 55, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-14 & 73-H-15	3-May-04		S
	S-137410	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 2, TOWNSHIP 54, RANGE 22, WEST
      OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137411	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3 AND 4, TOWNSHIP 54, RANGE 22, WEST
      OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137412	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5 AND 6, TOWNSHIP 54, RANGE 22, WEST
      OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137413	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 54, RANGE 22, WEST
      OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137414	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 9 AND 10, TOWNSHIP 54, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137415	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 11 AND 12, TOWNSHIP 54, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137416	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 14, TOWNSHIP 54, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137417	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15 AND 16, TOWNSHIP 54, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137418	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17 AND 18, TOWNSHIP 54, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137419	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 21 AND 22, TOWNSHIP 54, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137420	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 23 AND 24, TOWNSHIP 54, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137421	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 26, TOWNSHIP 54, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137422	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27 AND 34, TOWNSHIP 54, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137423	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 54, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137424	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 2, TOWNSHIP 52, RANGE 23, WEST
      OF THE SECOND MERIDIAN;	512	73-H-06	3-May-04		S
	S-137425	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3 AND 4, TOWNSHIP 52, RANGE 23, WEST
      OF THE SECOND MERIDIAN;	512	73-H-06	3-May-04		S
	S-137426	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5 AND 6, TOWNSHIP 52, RANGE 23, WEST
      OF THE SECOND MERIDIAN;	512	73-H-06	3-May-04		S
	S-137427	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 52, RANGE 23, WEST
      OF THE SECOND MERIDIAN;	512	73-H-06	3-May-04		S
	S-137428	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 9 AND 10, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06	3-May-04		S
	S-137429	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 11 AND 12, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06	3-May-04		S
	S-137430	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13 AND 14, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN; THE SOUTHEAST QUARTER OF SECTION 14 BEING SUBJECT
      TO THE CRITICAL WILDLIFE HABITAT PROTECTION ACT;	512	73-H-06	3-May-04		S
	S-137431	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15 AND 16, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06	3-May-04		S
	S-137432	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17 AND 18, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06	3-May-04		S
	S-137433	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 19 AND 20, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06 & 73-H-11	3-May-04		S
	S-137434	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 21 AND 22, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06 & 73-H-11	3-May-04		S
	S-137435	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 23 AND 24, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-06 & 73-H-11	3-May-04		S
	S-137436	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 26, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137437	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27 AND 28, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137438	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29 AND 30, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137439	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 31 AND 32, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137440	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 33 AND 34, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137441	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 52, RANGE 23,
      WEST OF THE SECOND MERIDIAN;	512	73-H-11	3-May-04		S
	S-137479	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 20 AND THE SOUTH HALF OF
      SECTION 29, TOWNSHIP 47, RANGE 18, WEST OF THE SECOND MERIDIAN;	256	73-H-02	3-Aug-04		S
	S-137480	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 11, TOWNSHIP 53, RANGE 19, WEST OF
      THE SECOND MERIDIAN; THE NORTHWEST QUARTER BEING SUBJECT TO THE CRITICAL
      WILDLIFE HABITAT PROTECTION ACT;	256	73-H-10	3-Aug-04		S
	S-137481	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 14, TOWNSHIP 53, RANGE 19, WEST OF
      THE SECOND MERIDIAN; THE WEST HALF BEING SUBJECT TO THE CRITICAL WILDLIFE
      HABITAT PROTECTION ACT;	256	73-H-10	3-Aug-04		S
	S-137482	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 3, TOWNSHIP 46,
      RANGE 20, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137483	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 4, TOWNSHIP 46, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	128	73-A-15	3-Aug-04		S
	S-137484	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 6, TOWNSHIP 46, RANGE 20, WEST OF
      THE SECOND MERIDIAN;	256	73-A-15	3-Aug-04		S
	S-137485	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 7, TOWNSHIP 46, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	128	73-A-15	3-Aug-04		S
	S-137486	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 12 & 13 OF SECTION 7, TOWNSHIP
      46, RANGE 20, WEST OF THE SECOND MERIDIAN;	32	73-A-15	3-Aug-04		S
	S-137487	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 7, TOWNSHIP 46,
      RANGE 20, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137488	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 10, TOWNSHIP 46,
      RANGE 20, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137489	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 11 AND THE WEST HALF OF SECTION 12,
      TOWNSHIP 46, RANGE 20, WEST OF THE SECOND MERIDIAN;	384	73-A-15	3-Aug-04		S
	S-137490	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 13, TOWNSHIP 46,
      RANGE 20, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137491	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 14, TOWNSHIP 46,
      RANGE 20, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137492	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 14 AND THE SOUTHEAST QUARTER
      OF SECTION 23, TOWNSHIP 46, RANGE 20, WEST OF THE SECOND MERIDIAN;	192	73-A-15	3-Aug-04		S
	S-137493	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 15, TOWNSHIP 46,
      RANGE 20, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137494	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 16 AND THE SOUTHWEST QUARTER
      OF SECTION 21, TOWNSHIP 46, RANGE 20, WEST OF THE SECOND MERIDIAN;	192	73-A-15	3-Aug-04		S
	S-137495	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 20, TOWNSHIP 46, RANGE
      20, WEST OF THE SECOND MERIDIAN;	128	73-A-15	3-Aug-04		S
	S-137496	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 25, TOWNSHIP 46,
      RANGE 20, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137497	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 13 AND 14 OF SECTION 25, TOWNSHIP
      46, RANGE 20, WEST OF THE SECOND MERIDIAN;	32	73-A-15 & 73-H-02	3-Aug-04		S
	S-137498	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 26, TOWNSHIP 46,
      RANGE 20, WEST OF THE SECOND MERIDIAN;	64	73-A-15 & 73-H-02	3-Aug-04		S
	S-137499	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 27, TOWNSHIP 46,
      RANGE 20, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137500	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 28, TOWNSHIP 46,
      RANGE 20, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137501	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 28 AND THE NORTHEAST QUARTER
      OF SECTION 29, TOWNSHIP 46, RANGE 20, WEST OF THE SECOND MERIDIAN;	192	73-A-15 & 73-H-02	3-Aug-04		S
	S-137502	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 13, 14, 15 AND 16 OF SECTION 31,
      TOWNSHIP 46, RANGE 20, WEST OF THE SECOND MERIDIAN;	64	73-H-02	3-Aug-04		S
	S-137503	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISION 11 OF SECTION 32, TOWNSHIP 46,
      RANGE 20, WEST OF THE SECOND MERIDIAN;	16	73-H-02	3-Aug-04		S
	S-137504	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 13 AND 14 OF SECTION 32, TOWNSHIP
      46, RANGE 20, WEST OF THE SECOND MERIDIAN;	32	73-H-02	3-Aug-04		S
	S-137505	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 33, TOWNSHIP 46,
      RANGE 20, WEST OF THE SECOND MERIDIAN;	64	73-H-02	3-Aug-04		S
	S-137506	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 34, TOWNSHIP 46, RANGE 20,
      WEST OF THE SECOND MERIDIAN;	128	73-H-02	3-Aug-04		S
	S-137507	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 20, TOWNSHIP 45,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-A-14	3-Aug-04		S
	S-137508	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 21, TOWNSHIP 45,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-A-14	3-Aug-04		S
	S-137509	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 22, TOWNSHIP 45,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137510	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 22, TOWNSHIP 45,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137511	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 23, TOWNSHIP 45,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137512	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 24, 25 AND 36, TOWNSHIP 45, RANGE
      21, WEST OF THE SECOND MERIDIAN;	768	73-A-15	3-Aug-04		S
	S-137513	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 26, TOWNSHIP 45, RANGE 21, WEST OF
      THE SECOND MERIDIAN;	256	73-A-15	3-Aug-04		S
	S-137514	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 28, TOWNSHIP 45,
      RANGE 21, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM
      THE TOWNSITE OF KINISTINO;	64	73-A-14	3-Aug-04		S
	S-137515	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 29, TOWNSHIP 45, RANGE 21, WEST OF
      THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THE TOWNSITE OF KINISTINO;	176	73-A-14	3-Aug-04		S
	S-137516	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 34, TOWNSHIP 45, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	128	73-A-15	3-Aug-04		S
	S-137517	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 35, TOWNSHIP 45,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-A-15	3-Aug-04		S
	S-137518	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF FRACTIONAL SECTIONS 1, 12 AND 13, TOWNSHIP
      46, RANGE 21, WEST OF THE SECOND MERIDIAN;	673	73-A-15	3-Aug-04		S
	S-137519	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF FRACTIONAL SECTIONS 19, 20 AND 21,ALL OF SECTIONS
      28, 29, 30, 31 AND 32, AND THE SOUTH HALF OF SECTION 33, TOWNSHIP 46, RANGE
      21, WEST OF THE SECOND MERIDIAN;	1894	73-A-14, 73-A-15, 73-H-02 & 73-H-03	3-Aug-04		S
	S-137520	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF FRACTIONAL SECTIONS 22 AND 23, ALL OF SECTIONS
      26, 27, AND 34, AND THE WEST HALF OF SECTION 35, TOWNSHIP 46, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	1156	73-A-15 & 73-H-02	3-Aug-04		S
	S-137521	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF FRACTIONAL SECTION 24 AND ALL OF SECTIONS
      25 AND 36, TOWNSHIP 46, RANGE 21, WEST OF THE SECOND MERIDIAN;	758	73-A-15 & 73-H-02	3-Aug-04		S
	S-137522	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 35, TOWNSHIP 46, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	128	73-H-02	3-Aug-04		S
	S-137523	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 3, 10, 11, 12, 13, 14 AND 15,
      TOWNSHIP 47, RANGE 21, WEST OF THE SECOND MERIDIAN;	2304	73-H-02 & 73-H-03	3-Aug-04		S
	S-137524	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 4, 5, 6, THE NORTH HALF AND SOUTHEAST
      QUARTER OF SECTION 7, ALL OF SECTIONS 8, 9, 16, 17 AND 18, TOWNSHIP 47,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	2240	73-H-03	3-Aug-04		S
	S-137525	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 19, 20, THE NORTH HALF AND SOUTHEAST
      QUARTER OF SECTION 21, ALL OF SECTIONS 28, 29, 30, 31, 32 AND 33, TOWNSHIP
      47, RANGE 21, WEST OF THE SECOND MERIDIAN;	2240	73-H-03	3-Aug-04		S
	S-137526	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 22, 27 AND 34, TOWNSHIP 47, RANGE
      21, WEST OF THE SECOND MERIDIAN;	768	73-H-02 & 73-H-03	3-Aug-04		S
	S-137527	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 24, TOWNSHIP 47, RANGE 21, WEST OF
      THE SECOND MERIDIAN;	256	73-H-02	3-Aug-04		S
	S-137528	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER AND NORTH HALF OF SECTION 26,
      TOWNSHIP 47, RANGE 21, WEST OF THE SECOND MERIDIAN;	192	73-H-02	3-Aug-04		S
	S-137529	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 47, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-02	3-Aug-04		S
	S-137530	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF LEGAL SUBDIVISION 12 OF SECTION
      13, TOWNSHIP 49, RANGE 22, WEST OF THE SECOND MERIDIAN;	8	73-H-03	3-Aug-04		S
	S-137531	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF LEGAL SUBDIVISION 13 OF SECTION
      13, TOWNSHIP 49, RANGE 22, WEST OF THE SECOND MERIDIAN;	8	73-H-03	3-Aug-04		S
	S-137532	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 13, TOWNSHIP 49,
      RANGE 22, WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM
      THE SASKATCHEWAN RIVER LOCS RECREATION SITE;	44	73-H-03	3-Aug-04		S
	S-137533	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 26, THE NORTHEAST QUARTER
      OF SECTION 27, THE SOUTHEAST QUARTER OF SECTION 34 AND THE SOUTH HALF OF
      SECTION 35, TOWNSHIP 56, RANGE 22, WEST OF THE SECOND MERIDIAN;	384	73-H-14	3-Aug-04		S
	S-137605	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 2, TOWNSHIP 48,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-H-02	12-Aug-04		S
	S-137606	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3, 4 AND 5, TOWNSHIP 48, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	768	73-H-02 & 73-H-03	12-Aug-04		S
	S-137607	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7, 8 AND 9, TOWNSHIP 48, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	768	73-H-03	12-Aug-04		S
	S-137608	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 10, TOWNSHIP 48, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	128	73-H-02 & 73-H-03	12-Aug-04		S
	S-137609	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 10 AND THE NORTHWEST
      QUARTER OF SECTION 11, TOWNSHIP 48, RANGE 21, WEST OF THE SECOND MERIDIAN;	128	73-H-02	12-Aug-04		S
	S-137610	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 12, TOWNSHIP 48, RANGE
      21, WEST OF THE SECOND MERIDIAN;	128	73-H-02	12-Aug-04		S
	S-137611	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 13, TOWNSHIP 48, RANGE 21, WEST OF
      THE SECOND MERIDIAN;	256	73-H-02	12-Aug-04		S
	S-137612	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 14, TOWNSHIP 48,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-H-02	12-Aug-04		S
	S-137613	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 14, TOWNSHIP 48, RANGE
      21, WEST OF THE SECOND MERIDIAN;	128	73-H-02	12-Aug-04		S
	S-137614	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 15, 16, 17, 18, 19, 20 AND 21, TOWNSHIP
      48, RANGE 21, WEST OF THE SECOND MERIDIAN;	1792	73-H-02 & 73-H-03	12-Aug-04		S
	S-137615	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 22, TOWNSHIP 48, RANGE
      21, WEST OF THE SECOND MERIDIAN;	128	73-H-02 & 73-H-03	12-Aug-04		S
	S-137616	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 22, TOWNSHIP 48,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-H-02	12-Aug-04		S
	S-137617	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 23, TOWNSHIP 48, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	128	73-H-02	12-Aug-04		S
	S-137618	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 24, TOWNSHIP 48, RANGE 21, WEST OF
      THE SECOND MERIDIAN;	256	73-H-02	12-Aug-04		S
	S-137619	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 26, TOWNSHIP 48, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-02	12-Aug-04		S
	S-137620	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 48,
      RANGE 21, WEST OF THE SECOND MERIDIAN;	64	73-H-02 & 73-H-03	12-Aug-04		S
	S-137621	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 27, TOWNSHIP 48, RANGE
      21, WEST OF THE SECOND MERIDIAN;	128	73-H-02 & 73-H-03	12-Aug-04		S
	S-137622	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 28, 29 AND 30, TOWNSHIP 48, RANGE
      21, WEST OF THE SECOND MERIDIAN; SECTION 29 AND THE NORTHWEST QUARTER OF
      SECTION 30 ARE SUBJECT TO THE CRITICAL WILDLIFE HABITAT PROTECTION ACT;	768	73-H-03	12-Aug-04		S
	S-137623	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 33 AND 34, TOWNSHIP 48, RANGE 21,
      WEST OF THE SECOND MERIDIAN;	512	73-H-02 & 73-H-03	12-Aug-04		S
	S-137624	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 3, 10, 11, 12, 13, 14 AND 15,
      TOWNSHIP 48, RANGE 22, WEST OF THE SECOND MERIDIAN;	2304	73-H-03	12-Aug-04		S
	S-137625	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 4, 9 AND 16, TOWNSHIP 48, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	768	73-H-03	12-Aug-04		S
	S-137626	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 5 AND LEGAL SUBDIVISIONS 1 TO 15 INCLUSIVE
      OF SECTION 8, TOWNSHIP 48, RANGE 22, WEST OF THE SECOND MERIDIAN;	496	73-H-03	12-Aug-04		S
	S-137627	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 6 AND 7, TOWNSHIP 48, RANGE 22, WEST
      OF THE SECOND MERIDIAN;	512	73-H-03	12-Aug-04		S
	S-137628	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 17 AND 18, TOWNSHIP 48, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	512	73-H-03	12-Aug-04		S
	S-137629	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 2, TOWNSHIP 48, RANGE 23, WEST
      OF THE SECOND MERIDIAN;	512	73-H-03	12-Aug-04		S
	S-137630	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 11, TOWNSHIP 48, RANGE 23, WEST OF
      THE SECOND MERIDIAN;	256	73-H-03	12-Aug-04		S
	S-137631	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 12, TOWNSHIP 48, RANGE
      23, WEST OF THE SECOND MERIDIAN;	128	73-H-03	12-Aug-04		S
	S-137632	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 12, TOWNSHIP 48,
      RANGE 23, WEST OF THE SECOND MERIDIAN;	64	73-H-03	12-Aug-04		S
	S-137633	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 13, TOWNSHIP 48, RANGE 23, WEST OF
      THE SECOND MERIDIAN; LEGAL SUBDIVISIONS 3 AND 4 BEING SUBJECT TO THE CRITICAL
      WILDLIFE HABITAT PROTECTION ACT;	256	73-H-03	12-Aug-04		S
	S-137634	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 14, 15 AND 16, TOWNSHIP 48, RANGE
      23, WEST OF THE SECOND MERIDIAN;	768	73-H-03	12-Aug-04		S
	S-137635	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 19, 20, 21, 28, 29, 30, 31, 32 AND
      33, TOWNSHIP 48, RANGE 23, WEST OF THE SECOND MERIDIAN;	2304	73-H-03	12-Aug-04		S
	S-137636	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 22, 23, 24, 25, 26, 27, 34, 35 AND
      36, TOWNSHIP 48, RANGE 23, WEST OF THE SECOND MERIDIAN;	2304	73-H-03	12-Aug-04		S
	S-137637	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1, 2, 3, 10, 11, 12, 13, 14 AND 15,
      TOWNSHIP 49, RANGE 23, WEST OF THE SECOND MERIDIAN;	2304	73-H-03	12-Aug-04		S
	S-137638	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 4, 5, 6, 7, 8, 9, 16, 17 AND 18,
      TOWNSHIP 49, RANGE 23, WEST OF THE SECOND MERIDIAN;	2304	73-H-03	12-Aug-04		S
	S-137639	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 19 AND 20, AND THE WEST HALF OF SECTION
      21, TOWNSHIP 49, RANGE 23, WEST OF THE SECOND MERIDIAN;	640	73-H-03	12-Aug-04		S
	S-137640	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 21, TOWNSHIP 49,
      RANGE 23, WEST OF THE SECOND MERIDIAN;	64	73-H-03	12-Aug-04		S
	S-137641	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 22, TOWNSHIP 49, RANGE
      23, WEST OF THE SECOND MERIDIAN;	128	73-H-03	12-Aug-04		S
	S-137642	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 22, TOWNSHIP 49,
      RANGE 23, WEST OF THE SECOND MERIDIAN;	64	73-H-03	12-Aug-04		S
	S-137643	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 23 AND ALL OF SECTION 24,
      TOWNSHIP 49, RANGE 23, WEST OF THE SECOND MERIDIAN;	384	73-H-03	12-Aug-04		S
	S-137644	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1 TO 13 INCLUSIVE, THE SOUTH HALF
      OF LEGAL SUBDIVISION 14 AND LEGAL SUBDIVISIONS 15 AND 16 OF SECTION 25 AND
      ALL OF SECTION 26, TOWNSHIP 49, RANGE 23, WEST OF THE SECOND MERIDIAN; THE
      NORTHWEST QUARTER OF SECTION 26 BEING SUBJECT TO THE CRITICAL WILDLIFE HABITAT
      PROTECTION ACT;	504	73-H-03 & 73-H-06	12-Aug-04		S
	S-137645	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1, 2 AND 7 OF SECTION 27, TOWNSHIP
      49, RANGE 23, WEST OF THE SECOND MERIDIAN;	48	73-H-03 & 73-H-06	12-Aug-04		S
	S-137646	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 13 AND 14 OF SECTION 27, TOWNSHIP
      49, RANGE 23, WEST OF THE SECOND MERIDIAN;	32	73-H-06	12-Aug-04		S
	S-137647	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 27, TOWNSHIP 49,
      RANGE 23, WEST OF THE SECOND MERIDIAN;	64	73-H-06	12-Aug-04		S
	S-137648	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 28, 29, 30, 31, 32 AND 33, TOWNSHIP
      49, RANGE 23, WEST OF THE SECOND MERIDIAN;	1536	73-H-03 & 73-H-06	12-Aug-04		S
	S-137649	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 34 AND 35, AND LEGAL SUBDIVISIONS
      4 TO 16 INCLUSIVE OF SECTION 36, TOWNSHIP 49, RANGE 23, WEST OF THE SECOND
      MERIDIAN;	720	73-H-03 & 73-H-06	12-Aug-04		S
	S-137745	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 5, 6, 11, 12, 13 AND 14 OF SECTION
      5 AND LEGAL SUBDIVISIONS 2 TO 16 INCLUSIVE OF SECTION 6, TOWNSHIP 54, RANGE
      18, WEST OF THE SECOND MERIDIAN;	336	73-H-10	1-Dec-04		S
	S-137746	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 7 AND THE WEST HALF OF SECTION 8,
      TOWNSHIP 54, RANGE 18, WEST OF THE SECOND MERIDIAN;	384	73-H-10	1-Dec-04		S
	S-137747	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 17 AND ALL OF SECTION 18,
      TOWNSHIP 54, RANGE 18, WEST OF THE SECOND MERIDIAN;	384	73-H-10	1-Dec-04		S
	S-137748	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THAT PORTION OF SECTION 10 LYING SOUTH OF 54 DEGREES
      LATITUDE, TOWNSHIP 58, RANGE 19, WEST OF THE SECOND MERIDIAN; EXCEPTING
      THEREOUT AND THEREFROM THOSE AREAS CONTAINED WITHIN S-103958, S-103427 AND
      THE NARROW HILLS PROVINCIAL PARK;	84	73-H-15	1-Dec-04		S
	S-137749	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 15, TOWNSHIP 51, RANGE
      20, WEST OF THE SECOND MERIDIAN;	128	73-H-07	1-Dec-04		S
	S-137750	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 32 AND THE NORTHWEST
      QUARTER OF SECTION 33, TOWNSHIP 53, RANGE 20, WEST OF THE SECOND MERIDIAN;	128	73-H-10	1-Dec-04		S
	S-137751	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 4 AND THE SOUTHEAST
      QUARTER OF SECTION 5, TOWNSHIP 54, RANGE 20, WEST OF THE SECOND MERIDIAN;	128	73-H-10	1-Dec-04		S
	S-137752	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 25 AND ALL OF SECTION 26,
      TOWNSHIP 52, RANGE 21, WEST OF THE SECOND MERIDIAN;	384	73-H-10 & 73-H-11	1-Dec-04		S
	S-137753	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 27, TOWNSHIP 52, RANGE 21, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	1-Dec-04		S
	S-137754	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 28, TOWNSHIP 52, RANGE 21, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	1-Dec-04		S
	S-137755	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 29, TOWNSHIP 52, RANGE 21, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	1-Dec-04		S
	S-137756	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 32, TOWNSHIP 52, RANGE 21, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	1-Dec-04		S
	S-137757	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 33, TOWNSHIP 52, RANGE 21, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	1-Dec-04		S
	S-137758	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 34, TOWNSHIP 52, RANGE 21, WEST OF
      THE SECOND MERIDIAN;	256	73-H-11	1-Dec-04		S
	S-137759	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 35 AND THE WEST HALF OF SECTION 36,
      TOWNSHIP 52, RANGE 21, WEST OF THE SECOND MERIDIAN;	384	73-H-10 & 73-H-11	1-Dec-04		S
	S-137760	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 13, 14, 15 AND 16 OF SECTION 17;
      LEGAL SUBDIVISION 16 OF SECTION 18; LEGAL SUBDIVISION 1 OF SECTION 19; AND
      LEGAL SUBDIVISIONS 1, 2, 3 AND 4 OF SECTION 20; ALL IN TOWNSHIP 53, RANGE
      21, WEST OF THE SECOND MERIDIAN;	160	73-H-11	1-Dec-04		S
	S-137761	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 5, 6, 11, 12, 13 AND 14 OF SECTION
      29, TOWNSHIP 53, RANGE 21, WEST OF THE SECOND MERIDIAN;	96	73-H-11	1-Dec-04		S
	S-137762	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 25, TOWNSHIP 52, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	128	73-H-11	1-Dec-04	GC# 45630	S
	S-137763	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 31, TOWNSHIP 53, RANGE 22,
      WEST OF THE SECOND MERIDIAN;	128	73-H-11	1-Dec-04		S
	S-137764	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THAT PORTION OF SECTION 10, TOWNSHIP 55, RANGE 22,
      WEST OF THE SECOND MERIDIAN; EXCEPTING THEREOUT AND THEREFROM THAT AREA
      CONTAINED WITHIN THE RESORT VILLAGE OF CANDLE LAKE;	44	73-H-11	1-Dec-04		S
	S-137965	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 1, THAT PORTION OF SECTION 2 LYING
      EAST OF THE RIVER, AND ALL OF SECTIONS 11 AND 12, TOWNSHIP 48, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	916	73-H-03	14-Feb-05		S
	S-137966	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 3, TOWNSHIP 48, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	128	73-H-03	14-Feb-05		S
	S-137967	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 3 AND THE SOUTHWEST
      QUARTER OF SECTION 10, TOWNSHIP 48, RANGE 24, WEST OF THE SECOND MERIDIAN;	128	73-H-03	14-Feb-05		S
	S-137968	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 4, TOWNSHIP 48,
      RANGE 24, WEST OF THE SECOND MERIDIAN;	64	73-H-03	14-Feb-05		S
	S-137969	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 9, TOWNSHIP 48, RANGE 24, WEST OF
      THE SECOND MERIDIAN;	256	73-H-03	14-Feb-05		S
	S-137970	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHEAST QUARTER OF SECTION 10, TOWNSHIP 48,
      RANGE 24, WEST OF THE SECOND MERIDIAN;	64	73-H-03	14-Feb-05		S
	S-137971	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 6, TOWNSHIP 48,
      RANGE 24, WEST OF THE SECOND MERIDIAN;	64	73-H-04	14-Feb-05		S
	S-137972	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 7 AND 8, TOWNSHIP 48, RANGE 24, WEST
      OF THE SECOND MERIDIAN;	512	73-H-03 & 73-H-04	14-Feb-05		S
	S-137973	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 13, 14, 23 AND 24, TOWNSHIP 48, RANGE
      24, WEST OF THE SECOND MERIDIAN;	1024	73-H-03	14-Feb-05		S
	S-137974	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 15, TOWNSHIP 48, RANGE
      24, WEST OF THE SECOND MERIDIAN;	128	73-H-03	14-Feb-05		S
	S-137975	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 16 AND 21, TOWNSHIP 48, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-03	14-Feb-05		S
	S-137976	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 22, TOWNSHIP 48, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	128	73-H-03	14-Feb-05		S
	S-137977	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 17, TOWNSHIP 48, RANGE 24, WEST OF
      THE SECOND MERIDIAN;	256	73-H-03 & 73-H-04	14-Feb-05		S
	S-137978	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHWEST QUARTER OF SECTION 18, TOWNSHIP 48,
      RANGE 24, WEST OF THE SECOND MERIDIAN;	64	73-H-04	14-Feb-05		S
	S-137979	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	LEGAL SUBDIVISIONS 1, 2, 3, 5, 6, 7 AND 8 OF SECTION
      19, TOWNSHIP 48, RANGE 24, WEST OF THE SECOND MERIDIAN;	112	73-H-04	14-Feb-05		S
	S-137980	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 20, TOWNSHIP 48, RANGE
      24, WEST OF THE SECOND MERIDIAN;	128	73-H-03 & 73-H-04	14-Feb-05		S
	S-137981	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 25 AND 36, TOWNSHIP 48, RANGE 24,
      WEST OF THE SECOND MERIDIAN; THE SOUTHEAST QUARTER OF SECTION 25 BEING SUBJECT
      TO THE CRITICAL WILDLIFE HABITAT PROTECTION ACT;	512	73-H-03	14-Feb-05		S
	S-137982	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 26, TOWNSHIP 48, RANGE
      24, WEST OF THE SECOND MERIDIAN;	128	73-H-03	14-Feb-05		S
	S-137983	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTHWEST QUARTER OF SECTION 26, TOWNSHIP 48,
      RANGE 24, WEST OF THE SECOND MERIDIAN;	64	73-H-03	14-Feb-05		S
	S-137984	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE EAST HALF OF SECTION 35, TOWNSHIP 48, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	128	73-H-03	14-Feb-05		S
	S-137985	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE WEST HALF OF SECTION 27, TOWNSHIP 48, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	128	73-H-03	14-Feb-05		S
	S-137986	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTHEAST QUARTER OF SECTION 34, TOWNSHIP 48,
      RANGE 24, WEST OF THE SECOND MERIDIAN;	64	73-H-03	14-Feb-05		S
	S-137987	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE NORTH HALF OF SECTION 34, TOWNSHIP 48, RANGE
      24, WEST OF THE SECOND MERIDIAN;	128	73-H-03	14-Feb-05		S
	S-137988	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF OF SECTION 29, TOWNSHIP 48, RANGE
      24, WEST OF THE SECOND MERIDIAN;	128	73-H-03 & 73-H-04	14-Feb-05		S
	S-137989	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 31, TOWNSHIP 48, RANGE 24, WEST OF
      THE SECOND MERIDIAN;	256	73-H-04	14-Feb-05		S
	S-137990	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 1 AND FRACTIONAL LEGAL SUBDIVISIONS
      1, 8, 9 AND 16 OF SECTION 2, TOWNSHIP 49, RANGE 24, WEST OF THE SECOND MERIDIAN;	274	73-H-03	14-Feb-05		S
	S-137991	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	FRACTIONAL LEGAL SUBDIVISIONS 1, 8, 9 AND 16 OF SECTION
      11 AND ALL OF SECTION 12, TOWNSHIP 49, RANGE 24, WEST OF THE SECOND MERIDIAN;	274	73-H-03	14-Feb-05		S
	S-137992	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTION 13 AND FRACTIONAL LEGAL SUBDIVISIONS
      1, 8, 9 AND 16 OF SECTION 14, TOWNSHIP 49, RANGE 24, WEST OF THE SECOND
      MERIDIAN;	274	73-H-03	14-Feb-05		S
	S-137993	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE FRACTIONAL NORTH HALF OF SECTION 19, TOWNSHIP
      49, RANGE 24, WEST OF THE SECOND MERIDIAN;	108	73-H-03	14-Feb-05		S
	S-137994	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE FRACTIONAL NORTH HALF OF SECTION 20, TOWNSHIP
      49, RANGE 24, WEST OF THE SECOND MERIDIAN;	108	73-H-03	14-Feb-05		S
	S-137995	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE FRACTIONAL NORTH HALF OF SECTION 21, TOWNSHIP
      49, RANGE 24, WEST OF THE SECOND MERIDIAN;	108	73-H-03	14-Feb-05		S
	S-137996	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE FRACTIONAL NORTH HALF OF SECTION 22, TOWNSHIP
      49, RANGE 24, WEST OF THE SECOND MERIDIAN;	108	73-H-03	14-Feb-05		S
	S-137997	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	FRACTIONAL LEGAL SUBDIVISIONS 1 AND 8 AND THE FRACTIONAL
      NORTH HALF OF SECTION 23, TOWNSHIP 49, RANGE 24, WEST OF THE SECOND MERIDIAN;	130	73-H-03	14-Feb-05		S
	S-137998	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 24, 25 AND 36, TOWNSHIP 49, RANGE
      24, WEST OF THE SECOND MERIDIAN;	768	73-H-03 & 73-H-06	14-Feb-05		S
	S-137999	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 26 AND 35, TOWNSHIP 49, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-03 & 73-H-06	14-Feb-05		S
	S-138000	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 27 AND 34, TOWNSHIP 49, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-03 & 73-H-06	14-Feb-05		S
	S-138001	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 28 AND 33, TOWNSHIP 49, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-03 & 73-H-06	14-Feb-05		S
	S-138002	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 29 AND 32, TOWNSHIP 49, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-03 & 73-H-06	14-Feb-05		S
	S-138003	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 30 AND 31, TOWNSHIP 49, RANGE 24,
      WEST OF THE SECOND MERIDIAN;	512	73-H-03 & 73-H-06	14-Feb-05		S
	S-138004	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	FRACTIONAL SECTIONS 24 AND 25, TOWNSHIP 49, RANGE
      25, WEST OF THE SECOND MERIDIAN;	470	73-H-04 & 73-H-05	14-Feb-05		S
	S-138005	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 28, 29 AND 30, TOWNSHIP 49, RANGE
      25, WEST OF THE SECOND MERIDIAN;	768	73-H-04 & 73-H-05	14-Feb-05		S
	S-138006	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 31 AND 32, TOWNSHIP 49, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-05	14-Feb-05		S
	S-138007	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 33 AND 34, TOWNSHIP 49, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-05	14-Feb-05		S
	S-138008	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 35 AND 36, TOWNSHIP 49, RANGE 25,
      WEST OF THE SECOND MERIDIAN;	512	73-H-05	14-Feb-05		S
	S-138009	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	THE SOUTH HALF AND NORTHEAST QUARTER OF SECTION 35
      AND ALL OF SECTION 36, TOWNSHIP 47, RANGE 23, WEST OF THE SECOND MERIDIAN;	448	73-H-03	18-Feb-05		S
	S-138292	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 1 AND 2, AND THAT PORTION OF SECTIONS
      11 AND 12 LYING SOUTH OF 54 DEGREES LATITUDE, TOWNSHIP 58, RANGE 21, WEST
      OF THE SECOND MERIDIAN;	768	73-H-14 & 73-H-15	1-Mar-05		S
	S-138293	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 3 AND 4, AND THAT PORTION OF SECTIONS
      9 AND 10 LYING SOUTH OF 54 DEGREES LATITUDE, TOWNSHIP 58, RANGE 21, WEST
      OF THE SECOND MERIDIAN;	768	73-H-14	1-Mar-05		S
	S-138294	ACTIVE	101047025 SASKATCHEWAN LTD. 100%	ALL OF SECTIONS 5 AND 6, AND THAT PORTION OF SECTIONS
      7 AND 8 LYING SOUTH OF 54 DEGREES LATITUDE, TOWNSHIP 58, RANGE 21, WEST
      OF THE SECOND MERIDIAN;	768	73-H-14	1-Mar-05		SFiled by Automated Filing Services Inc. (604) 609-0244 - Spur Ventures Inc. - Exhibit 4.9

 
ACQUISITION and MERGER AGREEMENT

MADE AS OF 
May 31st, 2006

BETWEEN

HEBEI
TIANREN CHEMICAL CORP.

AND 

SPUR
VENTURES INC. 

in respect of the following

TIANDING CHEMICAL COMPANY 

  

  XINJIANG TIANREN CHEMICALS LTD. 

  

  TIANREN AGRICULTURAL FRANCHISE COMPANY

  

  AND 

  

  HUBEI YICHANG TIANLONG INDUSTRY COMPANY 

ACQUISITION AND MERGER AGREEMENT 

THIS AGREEMENT made the 31st day of May, 2006 

	BETWEEN:	Hebei Tianren Chemical Corporation (河北天人化工股份有限公司),
        a Chinese company, having an office at East Section, Jianshe Road, Haigang
        District, Qinhuangdao,Hebei,China 066003 (中国河北省秦皇岛市海港区建设大街东段
        邮政编码:066003) Zhai Jidong, Authorized
        Representative, Chinese Nationality Of The First Part.

      ("Tianren")

	 	 
	AND:	Spur Ventures Inc., a British Columbia company, having
        its office at Suite 3083, 595 Burrard Street, Vancouver, British Columbia,
        Canada V7X 1L3 or nominee, Legal

        Representative: Robert J. Rennie (CEO of Spur) of Canadian nationality
        Of The Second Part;

       ("Spur") 

 

WHEREAS:

A. The parties signed the Original Agreement on June
29th, 2005;

B. In accordance with the terms of the Original Agreement, Spur
agreed to purchase and Tianren agreed to sell the Equity Contributions in
exchange for the Spur Shares; 

C. The parties acknowledge that Tianren may, before the First
Closing, reorganize its holdings in the Equity Contributions by transferring any
or all of them to an affiliate or affiliates of Tianren or Tianren's
shareholders, and cause that affiliate or affiliates to transfer the Equity
Contributions to Spur, all on the terms and conditions set out in this
Agreement; and 

D. The parties are entering into this Agreement in accordance
with the terms and conditions of the Original Agreement, 

     NOW THEREFORE THIS AGREEMENT
WITNESSES that, in consideration of the premises and mutual agreements and
covenants contained in this Agreement (the receipt and adequacy of such
consideration being mutually acknowledged by each party), the parties covenant
and agree as follows: 

PART 1

DEFINITIONS AND INTERPRETATION

     In this Agreement and its recitals,
  unless the context otherwise requires, the following terms will have the following
  respective meanings:

-1- 

	 	(a) 	
      "Acquiree" means the Target Company or Target
      Companies being acquired at a Closing;

	 	 	 
	 	(b) 	
      "Acquisition" means the acquisition of the Equity
      Contributions as contemplated by this Agreement;

	 	 	 
	 	(c) 	
      Affiliates" means Tianren, the Target Companies
      and all their respective affiliates for the purpose of this agreement, and
      in this Agreement "affiliate" has the meaning set out in Part 1 of the
      Securities Act (British Columbia), [RSBC 1996] Chapter
  418;

	 	 	 
	 	(d) 	
      "Approvals" means the approvals described in
      Section 3.1(4) of this Agreement;

	 	 	 
	 	(e) 	
      "Canadian Securities Laws" means the applicable
      securities Laws of the Provinces of British Columbia, Ontario, Alberta and
      Quebec and all accompanying regulations and forms, together with all
      applicable published policy statements and blanket orders and rulings of
      the British Columbia Securities Commission, the Alberta Securities
      Commission, the Ontario Securities Commission and the Authorité des
      marchés financiers du Québec;

	 	 	 
	 	(f) 	
      "Claim" means any claim, demand, action, cause of
      action, damage, loss, cost, liability or expense, including, without
      limitation, reasonable professional fees and all costs incurred
      investigating, pursuing and in all other ways in connection with any of
      the above;

	 	 	 
	 	(g) 	
      "Closing" means a closing of the purchase of any
      one or more of the Equity Contributions;

	 	 	 
	 	(h) 	
      "Closing Date" means, in respect of any Closing,
      the date that is five (5) Business Days after receipt of all required
      Approvals in respect of the Equity Contribution or Equity Contributions
      being purchased at such Closing, or such other later date as is required
      or to which the parties may agree in writing;

	 	 	 
	 	(i) 	
      "Computershare" means Computershare Trust Company
      of Canada, Spur's transfer agent;

	 	 	 
	 	(j) 	
      "Constating Documents" means the notice of
      articles, articles of incorporation, articles of continuance or articles
      of amalgamation pursuant to which a corporation is incorporated, continued
      or amalgamated, as the case may be, together with any amendments thereto,
      and the articles or by-laws of such corporation and any shareholders’
      agreement which has been executed by such corporation or which governs in
      whole or in part such corporation’s affairs;

	 	 	 
	 	(k) 	
      "Encumbrance" means any mortgage, charge,
      liability, pre-emptive right, pledge, hypothecation, security interest,
      lien, easement, right-of-way, encroachment, covenant, condition, right of
      re-entry, lease, license, assignment, option, Claim, encumbrance, set-off,
      escrow, hold period, voting agreement, voting trust or
  other

-2- 

	 		
      limitation, restriction or title defect of whatever kind
      or nature, regardless of form, whether or not registered or capable of
      being registered, and whether or not consensual or arising by law or
      pursuant to the by-laws, rules or policies of any stock exchange, and
      whether known or unknown at the time of a Closing;

	 	 	 
	 	(l) 	
      "Environmental Contamination" means the discharge,
      emission, leaking, spilling, leaching, release or discharge into the
      environment in violation of Environmental Laws, including, without
      limitation, land, air and water, of Hazardous Materials or other material,
      so as to result in any violation of Environmental Laws;

	 	 	 
	 	(m) 	
      "Environmental Laws" means all applicable Laws or
      lawful requirements of any Governmental Authority with respect to
      environmental and health protection or regulating Hazardous
    Materials;

	 	 	 
	 	(n) 	
      "Equity Contribution" in respect of a Target
      Company means the equity percentage ownership in that Target Company as
      set out in section 2.1(a) below, and Equity Contributions means all
      such percentage ownerships in the Target Companies;

	 	 	 
	 	(o) 	
      "Escrow & Voting Restriction Agreement" means
      the agreement in the form attached as Schedule (1) and which
      includes the terms and conditions described in section 2.1(c)
  below;

	 	 	 
	 	(p) 	
      "Final Closing" means the Closing on the Final
      Closing Date;

	 	 	 
	 	(q) 	
      "Final Closing Date" means that date on which the
      last of the Equity Contributions is acquired pursuant to this
      Agreement;

	 	 	 
	 	(r) 	
      "Hazardous Materials" means any contaminant,
      pollutant, dangerous substance, liquid waste, industrial waste, hauled
      liquid waste, toxic substance, special waste, hazardous waste, hazardous
      material or hazardous substance as defined in or pursuant to any
      Environmental Laws, Laws, judgment, decree, order, injunction, rule,
      statute or regulation of any court, arbitrator or governmental authority
      by which the Company’s business, the Company’s Assets, the Company or
      either of the Vendors is bound or to which the Company’s business, the
      Company’s Assets, the Company or the Vendors is subject;

	 	 	 
	 	(s) 	
      "Laws" means all applicable laws (including the
      common law), rules, rulings, regulations, orders, ordinances, notices,
      injunctions, decrees, treaties, statutes and judgments or other
      enforceable requirements of any governmental authority, all as in force at
      the date of this Agreement;

	 	 	 
	 	(t) 	
      "Liabilities" means any and all debts,
      liabilities, obligations, Claims or demands of whatsoever nature or kind
      and whether accrued, contingent, absolute, conditional or otherwise and
      whether or not determined or determinable;

-3- 

	 	(u) 	
      "Original Agreement" means the binding Acquisition
      and Merger Agreement entered into by Spur and Tianren on June 29th,
      2005;

	 	 	 	 
	 	(v) 	
      "Permitted Encumbrances" means (i) Encumbrances
      for taxes, assessments or governmental charges or levies on property not
      yet due or delinquent, (ii) easements, encroachments and other
      imperfections of title which do not, individually or in the aggregate,
      materially detract from the value or impair the use or marketability of
      the Property, and (iii) Encumbrances described in Schedule (2) with
      regard to the Target Companies and in Schedule (3) with regard to
      Spur;

	 	 	 	 
	 	(w) 	
      "PRC" means the People’s Republic of
  China;

	 	 	 	 
	 	(x) 	
      "Property" means the fee lands, leaseholds and
      other real property interests held by the Target Companies, including
      those more specifically described in Schedule (4), as well as all
      structures and improvements located on or within them;

	 	 	 	 
	 	(y) 	
      "Resale Restrictions" means all resale
      restrictions imposed on the Spur Shares, including those described in
      Schedule (5);

	 	 	 	 
	 	(z) 	
      "RMB" means renminbi, the currency of the
    PRC;

	 	 	 	 
	 	(aa) 	
      "Spur" means a Vancouver, Canada based public
      company listed on the Toronto Stock Exchange (code SVU) along with its
      subsidiaries called Spur BVI, Spur China, YSC and YMC.

	 	 	 	 
	 	(bb) 	
      "Spur Assets" means the Spur Material Contracts
      listed in Schedule (6), the rights, properties, and assets of Spur,
      whether or not used in connection with or relating to Spur's Business,
      whether real or personal, tangible or intangible, and whether owned,
      leased or licensed, including, without limitation, all
  subsidiaries;

	 	 	 	 
	 	(cc) 	
      "Spur Board" means the board of directors of Spur
      at the relevant time;

	 	 	 	 
	 	(dd) 	
      “Spur China” means an affiliate of Spur that is
      100% directly or indirectly owned by Spur;

	 	 	 	 
	 	(ee) 	
      "Spur Business" means all the business carried on
      by Spur and its subsidiaries as of the date of this Agreement;

	 	 	 	 
	 	(ff) 	
      "Spur Financial Statements" means the audited
      financial statements of Spur as at December 31, 2004 and December 31,
      2005;

	 	 	 	 
	 	(gg) 	
      "Spur Material Contract" means any agreement,
      whether written or oral, which is material to the Spur Business and for
      the purposes of this Agreement, a contract will be a material to the Spur
      Business if:

	 	 	 	 
	 		(i) 	
      performance of any right or obligation by any party to
      such contract (other than a contract with a customer in the ordinary
      course of business) may

-4- 

	 		
       
	occur over a period of time greater than one year and with a value
      greater than $150,000; or
	 	 	 	 
	 		(ii) 	
      an expenditure, receipt or transfer or other disposition
      of property with a value greater than $150,000;

	 	 	 	 
	 	(hh) 	
      "Spur Shares" means the 15,512,516 common shares
      in the capital of Spur to be issued by Spur to Tianren as consideration
      for the Equity Contributions, subject the terms and conditions contained
      in this Agreement;

	 	 	 	 
	 	(ii) 	
      "Stock Exchange" means the TSX Venture Exchange or
      any other exchange in Canada on which the common shares of Spur are
      trading;

	 	 	 	 
	 	(jj) 	
      "Target Companies" means collectively, Tianding
      Chemical, Xinjiang Tianren, Tianren Agricultural, and Yichang Tianlong,
      and "Target Company" means a reference to one of the Target
      Companies;

	 	 	 	 
	 	(kk) 	
      "Target Company's Assets" means, in relation to
      each Target Company, all of the rights, properties, and assets of that
      Target Company, whether or not used in connection with or relating to the
      Target Company's Business, whether real or personal, tangible or
      intangible, and whether owned, leased or licensed, including, without
      limitation, all subsidiaries, the Property, the Target Company's
      Equipment, including as set forth in schedule (7) and the Target
      Company's Material Contracts, as set forth in Schedule (8), and
      "Target Companies' Assets" means collectively the Target Company's
      Assets for all of the Target Companies;

	 	 	 	 
	 	(ll) 	
      "Target Company's Business" means, in relation to
      each Target Company, all the business carried on by that Target Company,
      and "Target Companies' Businesses" means collectively the Target
      Company's Business for all of the Target Companies;

	 	 	 	 
	 	(mm) 	
      "Target's Financial Statements" means, in relation
      to each Target Company, the audited financial statements of that Target
      Company for the financial years ended December 31st, 2004 and 2005, and
      the interim unaudited financial statements of the Target Company for the
      period ending March 31, 2006, and "Targets' Financial Statements"
      means collectively the Target's Financial Statements for all of the Target
      Companies;

	 	 	 	 
	 	(nn) 	
      ”Target's Material Contract" means, in relation to
      each Target Company, any agreement, whether written or oral, which is
      material to that Target Company Business, ”Targets' Material
      Contracts" means all Material Contracts of all the Target Companies,
      and without limiting the generality of the foregoing, for the purposes of
      this Agreement a contract will be a Material Contract to a Target
      Company’s Business if;

-5- 

	 		(i) 	
      performance of any right or obligation by any party to
      such contract (other than a contract with a customer in the ordinary
      course of business) may occur over a period of time greater than one year
      and with a value of greater than ¥1,000,000; or

	 	 	 	 
	 		(ii) 	
      an expenditure, receipt or transfer or other disposition
      of property with a value of greater than ¥1,000,000 may arise under such
      contract;

	 	 	 	 
	 	(oo) 	
      "Taxes" include, without limitation, all taxes,
      duties, fees, premiums, assessments, imposts, levies and other charges of
      any kind whatsoever imposed by any Governmental Authority in any relevant
      jurisdiction including Canada and the PRC, together with all interest,
      penalties, fines, additions or taxes or other additional amounts imposed
      in respect thereof (including, without limitation, those levied on, or
      measured by, or referred to as income, gross receipts, profits, capital,
      transfer, land transfer, sales, goods and services, use, value-added,
      excise, stamp, withholding, business, franchising, property, payroll,
      employment, health, social service, education and social security taxes,
      all surtaxes, all customs duties and import and export taxes, all license,
      franchise and registration fees, and all unemployment insurance, health
      insurance and government pension plan
premiums);

	 	(pp) 	
      "Tianding Chemical" means Tianding Chemical
      Company, Qinhuangdao Economic and Technological Development Zone,
      Qinhuangdao City, Hebei Province, PRC, established as a foreign invested
      joint venture under the Laws of the PRC in April 2001 with a registered
      capital of RMB 20 million;

	 	 	 	 
	 	(qq) 	
      "Tianren Agricultural" means Tianren Agricultural
      Company, 128 Jianshe Avenue East section, Haigand District, Qinhuangdao
      city, Hebei Province, established under the Laws of the PRC in August 2004
      with a registered capital of RMB 20 million;

	 	 	 	 
	 	(rr) 	
      "Xinjiang Tianren" means Xinjiang Tianren
      Chemicals Ltd., Wulabai, Wulumuqi, Xinjiang Autonomous Region, PRC,
      established under the Laws of the PRC in June 2003 with a registered
      capital of RMB 25 million;

	 	 	 	 
	 		(ss) 	
      "¥" means yuan in lawful currency of the
    PRC;

	 	 	 	 
	 	(tt) 	
      "Yichang Tianlong" means Hubei Yichang Tianlong
      Industry Company,185-1 Yiling Road, Hubei Province, PRC, established under
      the Laws of the PRC in March 2004 with a registered capital of RMB 20
      million;

	 	 	 	 
	 	(uu) 	
      "YMC" means Yichang Maple Leaf Chemicals Ltd., 114
      Yanjiang road, Jianghua Building, 19th floor, Yichang, Hubei
      Province, PRC a fertilizer raw material and by products as well as
      compound fertilizer production company established under the Laws of the
      PRC in Nov. 24th, 2003 with a registered capital of RMB 1,140
      million; and

-6-

	 	(vv) 	
      "YSC" means Yichang Spur Chemicals Ltd., 2
      Chemical road, Zhicheng township, Yidu, Yichang, Hubei Province, PRC, a
      phosphorus chemical production company established under the Laws of the
      PRC in July 29th, 1999 with a registered capital of RMB 70
      million.

PART 2

THE ACQUISITION

	2.1. 	
      The Acquisition

	 	 	 
		(a) 	
      Subject to the terms and conditions contained in this
      Agreement, Tianren agrees to sell, assign and transfer to Spur and Spur
      agrees to purchase from Tianren, the equity contributions and percentage
      ownerships in the Target Companies as set out
below:

	 	

Company Name 

	Tianren Ownership
      
Percentage and Equity 
Contribution (1)
      in each of 
the Four Companies 
	Total 
Assets
      
(RMB) 
(Dec 31, 
2005) 	Total
      
Liabilities 
(RMB) 
(Dec 31,
      
2005) 
	 
	 
	 
	 
	 	Tianding Chemical
Company (Qinhuangdao
      
Tianding), Qinhangdao, 
Hebei Province	

75% 
¥15,000,000	

84,108,919 

	

38,104,570 

	 	Xinjiang Tianren 
Chemicals Ltd., Xinjiang
      
Uigur Autonomous Region 	51% 

¥12,750,000 	
97,605,420 
	
68,547,217 

	 
	 
	 	Tianren Agricultural 
Franchise Company **
      
(Hebei Tianren 
Distribution) 	
80% 
¥16,000,000 
	

804,733,226 
	

774,192,542 

	 
	 
	 
	 	
Hubei Yichang Tianlong 
Industry
      Company (Yichang 
Tianlong) Hubei Province 	
60% 

¥12,000,000 	

22,720,219 
	

1,412,003 

	 
	 
	 

(1) The equity contribution expressed
in ¥ (yuan) in respect of a company named in the table represents the
amount of the equity contribution made by or on behalf of Tianren in respect of
such company. Each specified percentage interest represents Tianren’s ownership
interest in the particular company. 

** Tianding Chemical Company
(Qinhuangdao Tianding), Qinhuangdao, Hebei Province holds an additional
20% of Tianren Agricultural Franchise Company (Hebei Tianren Distribution).

	 	(b) 	
      The parties agree that before the first Closing Tianren
      may at its cost reorganize the Equity Contributions by transferring any or
      all of them to an affiliate or affiliates of

 

-7- 

	 		
      Tianren or the shareholders of Tianren, in which case
      Tianren agrees to cause such affiliate or affiliates to agree to be
      subject to and comply with the terms and conditions of this
    Agreement.

	 	 	 	 
	 	(c) 	
      Subject to the terms of this Agreement, Spur will issue
      the Spur Shares to Tianren in consideration for the purchase of the Equity
      Contributions. The Spur Shares issued at each Closing will be subject to
      the Resale Restrictions.

	 	 	 	 
	 	(d) 	
      Upon their issue the Spur Shares will be held in trust by
      Computershare as required by the Resale Restrictions, and released in
      accordance with the terms and conditions of the Escrow & Voting
      Restriction Agreement.

	 	 	 	 
	 	(e) 	
      The parties acknowledge that the purchase and sale of the
      Equity Contributions for each Target Company may occur upon separate
      Closing Dates, depending upon when the pre-conditions to each such
      purchase and sale are met. The parties further acknowledge that they will
      use commercially reasonable efforts to effect the Closings and the Final
      Closing at the earliest possible dates.

	 	 	 	 
	 	(f) 	
      The number of Spur Shares allocated to each of the Target
      Companies is as follows:

	 	 	 	 
	 		(i) 	
      6,173,803 shares for Tianding Chemical;

	 	 	 	 
	 		(ii) 	
      2,195,377 shares for Xinjiang Tianren;

	 	 	 	 
	 		(iii) 	
      6,352,108 shares for Tianren Agricultural; and

	 	 	 	 
	 		(iv) 	
      791,228 shares for Yichang Tianlong.

	 	 	 	 
	 	(g) 	
      The Spur Shares equaled 28% of the undiluted issued and
      outstanding shares of Spur as of the date of the Original Agreement. If,
      prior to any Closing, Spur subdivides, consolidates, reorganizes,
      reclassifies or otherwise changes its outstanding shares into the same or
      a different number of shares of the same class or other classes, or
      declares a dividend on its outstanding shares payable in shares of its
      capital stock or securities convertible into shares of its capital stock,
      there will be an adjustment in the number of the Spur Shares so that the
      Spur Shares continue to represent the same percentage of the undiluted
      issued and outstanding shares of Spur.

	 	 	 	 
	 	(h) 	
      Upon the signing of this Agreement by both Spur and
      Tianren, Spur will apply to the Exchange for approval of the issuance of
      the Spur Shares and the transactions contemplated by this Agreement, and
      will use commercially reasonable efforts to obtain that approval. The
      parties acknowledge that the Exchange may request additional information
      including, without limitation, information regarding Tianren and the
      Target Companies, and their respective shareholders, directors and
      officers, and Tianren agrees to cooperate in obtaining and providing all
      such information to the Exchange in a timely manner. The parties also
      acknowledge that the Exchange

-8- 

		
      may require approval of the shareholders of Spur and
      legal opinions regarding certain aspects of the transactions contemplated
      by this Agreement.

	 	 	 	 
		(i) 	
      The Spur Board’s activities include, and will continue to
      include, such legally dictated responsibilities as Corporate Governance,
      Auditing Oversight, Environment, Health and Safety, Corporate Strategy,
      Succession Planning of the Board and of Spur’s senior management, and the
      review of the performance of Spur's CEO.

	 	 	 	 
			
      Spur or the Spur Board will have the following
      committees, each headed by a Chairman:

	 	 	 	 
			
      	

	
      Corporate Governance and Nominations

	 	 	 	 
			
      	

	
      Audit

	 	 	 	 
			
      	

	
      Human Resources and Compensation

	 	 	 	 
			
      	

	
      Environment, Health and Safety

	 	 	 	 
			
      The Spur Board will operate in a harmonious and collegial
      fashion preferring unanimous decisions as Spur progresses its strategy to
      grow its fertilizer business in China and raise capital by way of equity
      or debt in capital markets in Canada, China and other countries.

	 	 	 	 
			
      The following examples are items which require approval
      by the Spur Board:

	 	 	 	 
			
      	

	
      Long-term strategy

	 	 	 	 
			
      	

	
      Annual budget

	 	 	 	 
			
      	

	
      Annual audited and interim financial statements

	 	 	 	 
			
      	

	
      Raising of debt and equity capital

	 	 	 	 
			
      	

	
      Approval of granting of stock options, compensation of
      directors, material agreements

	 	 	 	 
			
      	

	
      Material mergers or acquisitions

	 	 	 	 
			
      	

	
      Role of the Spur Board

	 	 	 	 
			
      	

	
      Spur 's Organizational Design

	 	 	 	 
			
      	

	
      Preliminary Organizational Design of Spur China

	 	 	 	 
			
      	

	
      Compensation system

	 	 	 	 
	2.2 	
      Spur China

	 	 	 	 
		
      Spur and Tianren agree as follows:

	 	 	 	 
		(a) 	
      Spur will establish Spur China to manage Spur’s interests
      acquired pursuant to this Agreement, Spur’s existing operations in China
      and future acquisitions in China. Spur China will set up its headquarters
      in Yichang City, Hubei Province, PRC.

	 	 	 	 
		(b) 	
      The parties acknowledge that the objective of this
      Agreement is to create a group of companies, being the Target Companies,
      YSC and YMC, under the management of

-9- 

	 		
      Spur China and the parties agree to use their
      commercially reasonable efforts to achieve such objective.

	 	 	 
	 	(c) 	
      A Merger team led by Messrs. Rennie (CEO of Spur) and Wu
      Si Hai (President of the International Fertilizer Industry Association),
      and chaired by John Van Brunt (Vice Chairman of the Spur Board), will
      define the organizational structure of Spur China and key leadership
      positions and accompanying roles and responsibilities by working with a
      designated integration team representing both Spur and Tianren. In the
      case where two candidates are eligible for one leadership position, it is
      this team’s responsibility to ensure that the most qualified candidate is
      chosen.

	 	 	 
	 	(d) 	
      The parties will use their best efforts to cause those
      members of the existing Tianren management who are listed in Schedule
      (9) to agree to become part of the management of Spur China, to devote
      100% of their time to Spur China as of the date that this Agreement is
      signed and to enter into employment agreements with Spur China containing
      standard confidentiality and non-competition clauses the same as those
      contained in the confidentiality and non-competition agreements referred
      to below. As a guideline and not a commitment, the parties acknowledge
      that competition by Tianren, existing Tianren management or key Tianren
      employees with any of the current or proposed operations of Spur and Spur
      China will be highly prejudicial to Spur and Spur China.

	 	 	 
	 	(e) 	
      The final corporate structure of Spur China will be as
      approved by the Spur Board based on the recommendations of the Spur
      CEO.

	 	 	 
	 	(f) 	
      Tianren will use its best efforts to ensure that that all
      current services, such as engineering, finance, sales support, human
      resources, agronomical support, and research and development, currently
      supplied to any of the Target Companies by service providers pursuant to
      written or unwritten agreements or arrangements that do not continue in
      perpetuity and contain termination dates on or before December
      31st, 2007, are renewed before that date on present terms and
      conditions for a minimum period of two years unless the Spur Board decides
      otherwise.

	 	 	 
	 	(g) 	
      Both parties agree to start working and operating
      together as one entity from the signature date of this Agreement. Key
      personnel from Tianren, listed in Schedule (9), will be transferred
      to Spur China and based in Yichang City according to the needs of Spur
      China. Appropriate managerial and financial controls will also be put in
      place from that time.

PART 3

REPRESENTATIONS AND WARRANTIES 

	3.1 	
      Representations and Warranties of
Tianren

	 	 
		
      Tianren represents and warrants to and in favour of Spur
      as follows:

-10- 

	(1) 	
      Corporate Status and Authority

	 	 	 	 
		(a) 	
      Corporate Status. The Affiliates are all duly
      incorporated and validly exist under the Laws of their respective
      jurisdictions of incorporation, and are in good standing with all required
      authority to transact the business that they now carry on, and under all
      applicable corporate legislation.

	 	 	 	 
		(b) 	
      Power and Authority. The Affiliates have all
      requisite power and authority to own and lease their respective assets and
      businesses.

	 	 	 	 
		(c) 	
      Corporate Power and Authority of Tianren to Enter into
      and Perform Agreement. Tianren or its affiliate or affiliates, as the
      case may be, has or have the corporate power and authority to own and hold
      the Equity Contributions, to enter into this Agreement, to consummate all
      transactions contemplated herein, to perform its or their obligations
      hereunder, and to transfer good and marketable title to and beneficial
      ownership of the Equity Contributions to Spur free and clear of all
      Encumbrances except the Permitted Encumbrances.

	 	 	 	 
		(d) 	
      No Bankruptcy Proceedings. No proceedings have
      been taken or authorized by any of the Affiliates or by any other person
      with respect to the bankruptcy, insolvency, liquidation, dissolution, or
      winding-up of Tianren or any of the Target Companies.

	 	 	 	 
		(e) 	
      Corporate Records. The minute books of the
      Affiliates accurately reflect all resolutions adopted and all other
      material actions taken at all meetings and consents in lieu of meetings of
      their respective boards of directors. The corporate records of the
      Affiliates are accurate, complete and up-to-date in all material respects
      and all material transactions have been properly recorded in such books as
      appropriate or filed with the appropriate records.

	 	 	 	 
		(f) 	
      Agreement Duly Authorized and Binding. This
      Agreement has been duly authorized by all necessary corporate action on
      the part of the Affiliates and this Agreement constitutes a valid and
      binding obligation of the Affiliates enforceable against the Affiliates in
      accordance with its terms subject only to the following
    qualifications:

	 	 	 	 
			(i) 	
      an order of specific performance and an injunction are
      discretionary remedies and, in particular, may not be available where
      damages are considered an adequate remedy; and

	 	 	 	 
			(ii) 	
      enforcement may be limited by bankruptcy, insolvency,
      liquidation, reorganization, reconstruction and other similar Laws
      generally affecting the enforceability of creditors’
  rights.

 - 11 -

	(2) 	
      No Default

     The execution and delivery of
this Agreement, the consummation of the transactions contemplated hereby, or the
fulfillment of or compliance with the terms and provisions hereof do not and
will not create a state of facts which after notice or lapse of time or both
will: 

	 	(a) 	
      result in the breach of or violate any term or provision
      of the Constating Documents of any of the Affiliates;

	 	 	 
	 	(b) 	
      conflict with, result in the breach of, constitute a
      default under, or accelerate or permit the acceleration of any material
      obligations under, any of Tianren's Material Contracts or the Targets'
      Material Contracts;

	 	 	 
	 	(c) 	
      result in the creation of any Encumbrance upon any of the
      Target Companies' Assets;

	 	 	 
	 	(d) 	
      require the consent of any person pursuant to any of the
      Targets' Material Contracts, except as provided in this
  Agreement;

	 	 	 
	 	(e) 	
      give any person other than the parties any material
      interest or right, including, without limitation, rights of purchase,
      termination, cancellation or acceleration under any of the Targets'
      Material Contracts or Government Authorization, or with respect to the
      Equity Contributions;

	 	 	 
	 	(f) 	
      conflict with, breach, or violate any of the terms,
      conditions or provisions of any Laws, or any judgment, order, injunction,
      decree, regulation or ruling of any court or stock exchange having
      jurisdiction;

	 	 	 
	 	(g) 	
      result in any obligation for severance, buyout or other
      compensation or penalty being payable by Spur, Spur China or any of the
      Target Companies; or

	 	 	 
	 	(h) 	
      result in the imposition of any material Taxes with
      respect to the Equity Contributions.

	(3) 	
      Ownership of Equity Contributions

	 	 	 
		(a) 	
      Sole Holder. Tianren is the sole legal and
      beneficial and recorded holder of and owns good and marketable title to
      the Equity Contributions free and clear of all Claims and Encumbrances.
      The table in section 2.1(a) above sets out accurately and completely the
      ownership percentage and equity contributions of each of the Target
      Companies.

	 	 	 
		(b) 	
      Rank Equally. The Equity Contribution in each
      Target Company ranks equally in all respects with all other equity of such
      Target Company including voting rights, payment of dividends, return of
      capital, distribution of profits and dissolution or winding-up of such
      Target Company.

 

-12- 

	 	(c) 	
      No Restrictions on Exercise of Ownership. There
      are, and will be at each Closing, no rights, government or regulatory
      restrictions, shareholder, joint venture, management or other
      restrictions, impediments, agreements or contractual arrangements or
      provisions in respect to the Equity Contributions or the Target Companies
      that do or will following each such Closing unduly restrict or adversely
      affect the exercise by Spur or Spur China of full rights of ownership of
      the Equity Contributions or the operation of the Target Companies by Spur
      or Spur China.

	 	 	 
	 	(d) 	
      No Options. Except as set out in this Agreement,
      no person has any option, warrant, right, call, commitment, conversion
      right, right of exchange or other agreement, present or future, contingent
      or absolute, or any right or privilege (whether by law, pre-emptive or
      contractual) capable of becoming an option, warrant, right, call,
      commitment, conversion right, right of exchange or other agreement for the
      purchase, subscription, allotment or issuance of any of the Equity
      Contributions or of the unissued equity, or financial instruments
      convertible into equity or other securities of the Target
  Companies.

	 	 	 
	 	(e) 	
      Free and Clear. The Equity Contributions will be
      transferred to Spur China at the applicable Closing free and clear of any
      and all Claims, Encumbrances or other restrictions on legal or beneficial
      title.

	(4) 	
      Approvals

     Except as disclosed in
Schedule (10) or as otherwise specified in this Agreement, no exemption,
consent, waiver, approval, order or authorization of any court, governmental
authority, stock exchange or any third party including, without limiting the
generality of the foregoing, of the legal and beneficial shareholders,
management, directors or creditors of any of the Affiliates, any parties under
any agreement with any of the Affiliates, any party with an equitable right or
Claim with respect to any of the Target Companies, Target Companies' Businesses,
Targets' Material Contracts, Target Companies' Assets or Property, is required
by or in connection with any the transactions contemplated by this Agreement.

	(5) 	
      No Commission

     None of the affiliates has taken
any action that would result in a brokerage commission, finder’s fee or other
like payment being payable by Spur, Spur China or any of the Target Companies
with respect to the transactions contemplated by this Agreement. 

	(6) 	
      Canadian Securities Laws

	 	 	 
		(a) 	
      Acquisition as Principal. Tianren is acquiring the
      Spur Shares as principal for its own account, and not for the benefit of
      any other person, for investment only and not with a view to resale or
      distribution.

	 	 	 
		(b) 	
      No Insider Information. The Spur Shares are not
      being acquired by Tianren or the beneficial owners of the Equity
      Contributions as a result of any material
information

 - 13 -

		
      concerning Spur that has not been publicly disclosed, and
      Tianren’s decision to enter into this Agreement and acquire the Spur
      Shares has not been made as a result of any verbal or written
      representation as to fact or otherwise made by or on behalf of Spur or any
      other person, except as set forth in this Agreement, and is based entirely
      upon currently available public information concerning Spur.

	 	 	 
		(c) 	
      Financial Knowledge. Tianren and the beneficial
      owners of the Equity Contributions have such knowledge and experience in
      financial and business affairs as to be capable of evaluating the merits
      and risks of accepting the Spur Shares as consideration for the Equity
      Contributions, and are able to bear the economic risk of loss of the
      transactions contemplated by this Agreement.

	 	 	 
		(d) 	
      Securities Legend. Tianren and the beneficial
      owners of the equity Contributions acknowledge that all certificates
      issued representing the Spur Shares, as well as all certificates issued in
      exchange for or in substitution for such certificates, will bear legends
      as required by all relevant Laws.

	 	 	 
	(7) 	
      The Target Companies' Assets and
      Property

	 	 	 
		(a) 	
      Ownership of the Target Companies' Assets. The
      Target Companies own good and marketable title to the Target Companies'
      Assets (except for leased Property, in which case there is a valid
      leasehold interest), free and clear of Encumbrances except for the
      Permitted Encumbrances and all of the Target Companies' Assets are
      accurately and in all material respects fully disclosed.

	 	 	 
		(b) 	
      Value of Assets and Equipment. The Target
      Companies’ Assets and Target Companies’ Equipment all have a fair market
      value at least equal to the value listed in the Targets’ Financial
      Statements, and no write down in value of such assets or equipment has
      been or is currently being considered by Tianren or any of the Target
      Companies.

	 	 	 
		(c) 	
      List of the Target Companies Equipment. The Target
      Companies' Equipment includes the equipment set out in Schedule
      (7), which accurately and fully describes the Target Companies'
      Equipment and other personal property owned by the Target
  Companies.

	 	 	 
	(8) 	
      Financial Matters

	 	 	 
		(a) 	
      The Targets' Financial Statements. The Targets'
      Financial Statements, as prepared in all material respects in accordance
      with generally accepted accounting principles in the PRC and attached as
      Schedule (11) present fairly and accurately in every material
      respect the assets, liabilities (whether accrued, absolute, contingent or
      otherwise) and financial condition of the Target Companies as of the date
      of such statements, and the results of the operations of the Target
      Companies during the periods covered by such
statements.

 - 14 -

		(b) 	
      Liabilities. As of the dates of the Targets'
      Financial Statements the Target Companies had no undisclosed Liabilities
      which would be considered to be Material Contracts and required to be
      disclosed under generally accepted accounting principles or which could
      reasonably be expected to have a material adverse effect on the Target
      Companies Businesses.

	 	 	 
	(9) 	
      Material Changes

	 	 	 
		
      Since December 31, 2005, each Target Company has
    not:

	 	 	 
		(a) 	
      experienced any adverse material change in the business,
      operations, assets, liabilities, ownership, capital or financial position
      or condition of the Target Company, or any change in a material fact that
      has had a material adverse effect on, or would reasonably be expected to
      have a material adverse effect on, the business, operations, assets,
      liabilities, ownership, capital or financial position or condition of the
      Target Company;

	 	 	 
		(b) 	
      transferred, assigned, sold or otherwise disposed of any
      part of or interest in the Target Company's Business or any of the Target
      Company's Assets, except in the ordinary and usual course of
    business;

	 	 	 
		(c) 	
      incurred or assumed any material Liabilities, except
      unsecured current obligations and liabilities incurred in the ordinary and
      usual course of business;

	 	 	 
		(d) 	
      been in default under any of its Liabilities and has not
      incurred any material increase in its Liabilities;

	 	 	 
		(e) 	
      incurred or assumed debt, such that the collective debts
      of the Target Companies exceed 36 million RMB at any time;

	 	 	 
		(f) 	
      discharged or satisfied any Encumbrance, or paid any
      obligations or Liabilities, other than in the ordinary and usual course of
      business;

	 	 	 
		(g) 	
      suffered an extraordinary loss (before interest or
      taxes), waived, surrendered or omitted to take any action in respect of
      any rights of substantial value or entered into any commitment or
      transaction not in the ordinary and usual course of business, where such
      loss, rights, commitment or transaction has had or would reasonably be
      expected to have a material adverse effect on or in relation to the Target
      Company's Assets or the Target Company's Business;

	 	 	 
		(h) 	
      received any notice from any Governmental Authority of
      any Claim or investigation into the Target Company, its shares,
      activities, or its officers or directors;

	 	 	 
		(i) 	
      granted any bonuses, whether monetary or otherwise, or
      made any general wage or salary increases in respect of employees or
      officers employed by the Target Company other than as provided for in
      existing employment arrangements, or changed the terms of employment for
      any employee or officer of the Target Company with the
  exception

 - 15 -

	 	 	of Zhai Jidong  assigned to work on this merger and
      Zhao Huitian now YSC plant Manager; 
	 	 	 
		(j) 	
      granted any material Encumbrance in respect of any of the
      Target Company's Assets other than in the ordinary and usual course of
      business;

	 	 	 
		(k) 	
      declared or paid any dividend or declared or made any
      other distribution on any of the Equity Contributions or redeemed,
      purchased or otherwise acquired any of the Equity Contributions unless as
      specified in Schedule (26) ; or

	 	 	 
		(l) 	
      authorized, agreed or otherwise become committed to do
      any of the above.

	 	 	 
	(10) 	
      Banking

	 	 	 
		(a) 	
      Loans and Credit Facilities. Except as disclosed
      in Schedule (12), none of the Target Companies has entered into,
      committed to or otherwise arranged for, any loans, operating lines of
      credit or other credit facilities (including, without limitation, letters
      of credit, interest rate or currency swaps, hedging contracts, forward
      loan or rate agreements or other financial instruments), nor do any of the
      Target Companies have outstanding any bonds, debentures, mortgages, notes
      or other similar indebtedness, nor are any of the Target Companies
      obligated to create or issue any bonds, debentures, mortgages, notes or
      other similar indebtedness or financial instruments.

	 	 	 
		(b) 	
      Guarantees/Indemnities. None of the Target
      Companies has directly or indirectly guaranteed or indemnified, or agreed
      to guarantee or indemnify, or agreed to any other like commitment, in
      respect of any debt, liability or other obligation of any
person.

	 	 	 
		(c) 	
      Bank Facilities. Schedule (13) contains a
      complete and accurate listing showing the name of each bank, trust company
      or similar financial institution in which each Target Company has an
      account, safety deposit box or other banking facility, including the names
      of all persons authorized to transact business in respect of such
      accounts, and every corporate credit card issued to each Target
      Company.

	 	 	 
	(11) 	
      The Targets' Material
  Contracts

     Schedule (14) contains a
complete and accurate list of the Targets' Material Contracts. To the best of
Tianren's knowledge after full and diligent inquiry, none of the Target
Companies is in breach or default of any terms of any of the Targets’ Material
Contracts, and all of the Targets' Material Contract are in good standing and in
full force and effect without amendment. To the best of Tianren's knowledge,
after full and diligent inquiry, no state of facts exists which, after notice or
lapse of time or both, would constitute such a default or breach.

	(12) 	
      Taxation

     Except as disclosed in
Schedule (15) there are no actions, suits, Claims, proceedings,
investigations or audits now pending or threatened against any Target Company or
in respect of any

-16- 

Taxes affecting any Target Company's Assets, Target Company's
Businesses or the Equity Contributions, and there are no matters under
discussion, audit or appeal with any Governmental Authority relating to Taxes
which, if not paid, would result in a lien or charge on any Target Company's
Assets or the Equity Contributions. To the best of Tianren's knowledge, after
full and diligent inquiry, each Target Company has fulfilled all requirements
under the Laws for withholding of amounts from employees and has remitted all
amounts withheld to the appropriate authorities within the prescribed times.

	(13) 	
      Legal and Regulatory Matters

	 	 	 
		(a) 	
      Litigation. Except as described in Schedule
      (16), there are no actions, suits, litigation, arbitration,
      proceedings or Claims, including appeals and applications for review, in
      progress, or relating to and, to the best of Tianren's knowledge after due
      and diligent inquiry, pending or threatened against, any Target Company or
      likely to affect any Target Company's Business, Target Company's Assets or
      the Equity Contributions, and there is no judgment, decree, injunction,
      rule or order of any court, governmental department, commission, agency,
      instrumentality or arbitrator outstanding against any Target
    Company.

	 	 	 
		(b) 	
      Environmental Matters. Except as set forth in
      Schedule (17) there are no material violations or alleged
      violations of any Environmental Laws pertaining to any Target Company's
      Business. Except for material marked "Attorney-Client-Privileged," Tianren
      has provided or caused to be made available to Spur all environmental
      records and information of each Target Company, wherever
located.

	 	 	 
		(c) 	
      Permits. Each Target Company holds all necessary
      permits for operation of the Target Company's Business, such permits are
      valid and in full force and effect, and no act, omission or lapse has
      occurred that would reasonably result in material impairment, revocation
      or injunctions against such permits.

	 	 	 
		(d) 	
      Environmental Claims. Except as set forth in
      Schedule (18), there are no orders issued or threatened and no
      agreements, consent orders, investigations, removal, remedial or response
      actions ordered, conducted, taken or threatened under or pursuant to any
      Environmental Laws with respect to any Target Company's Assets or the
      Target Company's Business or any other businesses conducted on or from the
      Property other than routine inspections. Except as set forth in
      Schedule (19), to the best of Tianren's knowledge, after full and
      diligent inquiry, there are no Claims pending or threatened with respect
      to Environmental Contamination on any of the Property or the violation of
      any Environmental Laws in connection with the Assets or the Business where
      such Claim or violation would not be reasonably likely to have a material
      adverse effect on any Target Company's Business.

	 	 	 
		(e) 	
      Reclamation. The Targets' Financial Statements
      accurately disclose and describe each Target Company's current, good faith
      estimate of all obligations of the Target

 - 17 -

Company's Business and Properties under
all applicable statutes for reclamation, site restoration and closure
requirements.

	3.2 	
      Representations and Warranties of Spur

	 	 
		
      Spur represents and warrants to and in favour of Tianren
      as follows:

	(1) 	
      Corporate Status and Authority

	 	 	 	 
		(a) 	
      Corporate Status of Spur. Spur is a company that
      is duly incorporated and validly existing under the laws of British
      Columbia, Canada and in good standing with authority to transact business
      in Canada, and under other applicable corporate statutes.

	 	 	 	 
		(b) 	
      Corporate Power and Authority of Spur to Enter into
      and Perform Agreement. Spur has the corporate power and authority to
      issue the Spur Shares, to acquire legal and beneficial title to and
      ownership of the Equity Contributions, to enter into this Agreement, to
      consummate all transactions contemplated herein, to perform its
      obligations hereunder, and to issue the Spur Shares to Tianren on the
      terms and conditions hereof.

	 	 	 	 
		(c) 	
      Agreement Duly Authorized and Binding. This
      Agreement has been duly authorized by all necessary corporate action on
      the part of Spur and this Agreement constitutes a valid and binding
      obligation of Spur, enforceable against Spur in accordance with its terms
      subject only to the following qualifications:

	 	 	 	 
			(i) 	
      an order of specific performance and an injunction are
      discretionary remedies and, in particular, may not be available where
      damages are considered an adequate remedy; and

	 	 	 	 
			(ii) 	
      enforcement may be limited by bankruptcy, insolvency,
      liquidation, reorganization, reconstruction and other similar Laws
      generally affecting the enforceability of creditors’ rights.

	 	 	 	 
		(d) 	
      No Bankruptcy Proceedings. No proceedings have
      been taken or authorized by Spur or, to the best of the knowledge of Spur,
      by any other person, with respect to the bankruptcy, insolvency,
      liquidation, dissolution, or winding-up of Spur.

	 	 	 	 
		(e) 	
      Subsidiaries. Spur has no subsidiaries or
      investments in other corporate entities except as listed in Schedule
      (20).

	 	 	 	 
	(2) 	
      Share Capital

	 	 	 	 
		(a) 	
      Spur Shares. The authorized share capital of Spur
      consists of an unlimited number of common shares without par value, of
      which 58,040,520 common shares are

-18- 

		
      issued and outstanding as fully paid and non-assessable
      shares as of the date of this Agreement.

	 	 	 
		(b) 	
      No Options. Except as set forth in Schedule
      (21), as may result from the Spur Financing or be granted in the
      ordinary course of business, as of the date of this Agreement no person
      has any option, warrant, right, call, commitment, conversion right, right
      of exchange or other agreement, present or future, contingent or absolute,
      or any right or privilege (whether by law, pre-emptive or contractual)
      capable of becoming an option, warrant, right, call, commitment,
      conversion right, right of exchange or other agreement for the purchase,
      subscription, allotment or issuance of any of the unissued common shares,
      financial instruments convertible into common shares or other securities
      of Spur.

	 	 	 
		(c) 	
      No Cease Trade. No order ceasing or suspending
      trading in securities of Spur or prohibiting the sale of securities by
      Spur is outstanding and no proceedings for this purpose have been
      instituted or, to the best of Spur’s knowledge, are pending, contemplated
      or threatened;

	 	 	 
		(d) 	
      Public Disclosure. To the best of Spur’s
      knowledge, Spur has filed all forms, reports and documents on SEDAR
      required to be filed by it pursuant to the Canadian Securities Laws, and
      the applicable policies and rules of the Exchange (collectively, the
      “Spur Public Disclosure”). To the best of Spur’s knowledge, none of
      the Spur Public Disclosure filed by Spur on SEDAR, at the time filed or as
      subsequently amended, contained any untrue statement of a material fact or
      omitted to state a material fact required to be stated therein or
      necessary in order to make the statements made therein, in light of the
      circumstances under which they were made, not misleading.

	 	 	 
	(3) 	
      Financial Matters

	 	 	 
		(a) 	
      Financial Statements. The Spur Financial
      Statements have been prepared in all material respects in accordance with
      generally accepted accounting principles in Canada and present fairly and
      accurately in every material respect the assets, liabilities (whether
      accrued, absolute, contingent or otherwise) and financial condition of
      Spur as of the date of such statements, and the results of the operations
      of Spur during the periods covered by such statements.

	 	 	 
		(b) 	
      Liabilities. Except as disclosed in the Financial
      Statements as of the date thereof, Spur had no material Liabilities which
      would be required to be disclosed under generally accepted accounting
      principles which could reasonably be expected to have a material adverse
      effect on the Spur Business.

	 	 	 
	(4) 	
      Material Changes

Except as contemplated by this
Agreement or disclosed in Schedule (22), Spur has not, since the date of
the Spur Financial Statements: 

 - 19 -

	 	(a) 	
      experienced any adverse material change in the business,
      operations, assets, liabilities, ownership, capital or financial position
      or condition of Spur, or any change in a material fact that has had a
      material adverse effect on, or would reasonably be expected to have a
      material adverse effect on, the business, operations, assets, liabilities,
      ownership, capital or financial position or condition of Spur, including,
      without limitation, the Spur Business, the Spur Assets and the Spur
      Liabilities;

	 	 	 
	 	(b) 	
      transferred, assigned, sold or otherwise disposed of any
      part of the Spur Business or any of the Spur Assets, except in the normal
      course of business;

	 	 	 
	 	(c) 	
      incurred or assumed any material Liabilities, except
      unsecured current obligations and liabilities incurred in the ordinary and
      usual course of business;

	 	 	 
	 	(d) 	
      discharged or satisfied any Encumbrance, or paid any
      obligation or Liability, other than Liabilities disclosed in the Spur
      Financial Statements and the Liabilities incurred since the date of the
      Spur Financial Statements that have been paid in the normal course of
      business;

	 	 	 
	 	(e) 	
      suffered an extraordinary loss (before interest or
      taxes), waived, surrendered or omitted to take any action in respect of
      any rights of substantial value or entered into any commitment or
      transaction not in the normal course of business, where such loss, rights,
      commitment or transaction has had or would reasonably be expected to have
      a material adverse effect on or in relation to the Spur Assets or the Spur
      Business;

	 	 	 
	 	(f) 	
      received any notice from any governmental authority of
      any Claim or investigation into Spur, its shares, activities, or its
      officers or directors, including without limitation any suspension from
      the trading of its shares on the Stock Exchange;

	 	 	 
	 	(g) 	
      granted any bonuses, whether monetary or otherwise, or
      made any general wage or salary increases in respect of employees or
      officers employed by Spur other than as provided for in existing
      employment arrangements, or changed the terms of employment for any
      employee or officer of Spur;

	 	 	 
	 	(h) 	
      hired or dismissed any employee or officer of Spur other
      than Dong Dong Huang;

	 	 	 
	 	(i) 	
      granted any material Encumbrance in respect of any of the
      Spur Assets other than in the ordinary course of business;

	 	 	 
	 	(j) 	
      declared or paid any dividend or declared or made any
      other distribution on any of the common shares of Spur or redeemed,
      purchased or otherwise acquired any of the common shares of Spur;
  or

	 	 	 
	 	(k) 	
      authorized, agreed or otherwise become committed to do
      any of the foregoing.

 - 20 -

	(5) 	
      Banking

	 	 	 
		(a) 	
      Loans and Credit Facilities. Except as disclosed
      in the Spur Financial Statements and Schedule (23), Spur has not
      entered into, committed to or otherwise arranged for, any loans, operating
      lines of credit or other credit facilities (including, without limitation,
      letters of credit, interest rate or currency swaps, hedging contracts,
      forward loan or rate agreements or other financial instruments), nor does
      Spur have any outstanding bonds, debentures, mortgages, notes or other
      similar indebtedness, and nor is Spur obligated to create or issue any
      bonds, debentures, mortgages, notes or other similar indebtedness or
      financial instruments.

	 	 	 
		(b) 	
      Guarantees/Indemnities. Spur has not directly or
      indirectly guaranteed or indemnified, or agreed to guarantee or indemnify,
      or agreed to any other like commitment, in respect of any debt, liability
      or other obligation of any person.

	 	 	 
	(6) 	
      Legal and Regulatory
  Matters

     Except as described in
Schedule (24), there are no actions, suits, litigation, arbitration,
proceedings or Claims, including appeals and applications for review, in
progress, or relating to and, to the best of Spur's knowledge after due and
diligent inquiry, pending or threatened against, Spur or likely to affect any of
the Spur Business, Spur Assets or the Spur Shares, and there is no judgment,
decree, injunction, rule or order of any court, governmental department,
commission, agency, instrumentality or arbitrator outstanding against Spur. 

	(7) 	
      No Encumbrances on Spur
  Shares

     At their time of issue, the Spur
Shares will be fully paid and non-assessable, free and clear of all
Encumbrances, but subject to the Resale Restrictions and the Escrow and Voting
Restriction Agreement. 

	(8) 	
      Reporting Issuer
Status

     Spur is a reporting issuer in the
provinces of British Columbia, Alberta, Ontario and Quebec and is in compliance
with its obligations under the Canadian Securities Laws applicable thereto. 

PART 4

COVENANTS

	4.1 	Covenants and Agreements of Tianren
  
	 	 
	(1) 	Agreement Date to Closing
  

     Tianren covenants and agrees with
Spur that subject to the terms of this Agreement, from the date of this
Agreement to the Final Closing, it will ensure that the Target Companies: 

-21- 

	 	(a) 	
      Access. Allow Spur, and its representatives
      reasonable access during regular business hours and on prior written
      notice to the premises and the properties of the Target Companies and to
      the files, books, records and offices of the Target Companies, including,
      without limitation, any and all information relating to the Target
      Companies' tax matters, contracts, leases, licenses and real, personal and
      intangible property and financial condition, and cause the Target
      Companies’ auditors to cooperate with Spur’s auditors in making available
      to Spur all financial information reasonably requested, including, without
      limitation, the right to examine and copy the working papers pertaining to
      tax matters and financial statements prepared or audited by the Target
      Companies' auditors.

	 	 	 
	 	(b) 	
      Conduct Business in the Ordinary Course. Operate
      the Target Companies' Businesses in the usual, regular and ordinary manner
      and, to the extent consistent with such operation, use reasonable efforts
      to keep available the services of the Target Companies' present directors,
      officers and employees (subject to voluntary resignations and dismissals
      in accordance with proper business practices) and preserve its and the
      Target Companies' relationships with clients and others having business
      dealings with the Target Companies.

	 	 	 
	 	(c) 	
      Updated Table. provide Spur on the date of such
      transfer an updated version of the table set out in section 2.1(a) above,
      in the event Tianren transfers any of the Equity Contributions to an
      affiliate as contemplated by this Agreement,

	 	 	 
	 	(d) 	
      Encumbrances. Do not create or permit any
      Encumbrances, other than Permitted Encumbrances, on the Target Companies'
      Assets or the Equity Contributions in whole or in part and do not sell,
      transfer or otherwise dispose of the Target Companies' Assets or the
      Equity Contributions.

	 	 	 
	 	(e) 	
      Dividends. Do not declare any dividends or make
      any other distributions in respect of capital stock of the Target
      Companies from Jan 1st 2006 unless as specified in

	 	 	 
	 		
      Schedule (26).

	 	 	 
	 	(f) 	
      Target Companies' Material Contracts. Do not amend
      or vary any of the Targets' Material Contracts other than in the normal
      course of business, or enter into any additional material
  contracts.

	 	 	 
	 	(g) 	
      Maintain Insurance. Maintain in full force and
      effect all of the Target Companies' policies of insurance and insured
      reclamation bonds or renewals of such policies or bonds now in effect in
      respect of the Target Companies, the Target Companies' Assets, the Target
      Companies' Businesses, and the Target Companies' directors, officers and
      employees, and give all notices and present all Claims under all existing
      policies in a due and timely fashion as may be reasonably required in
      accordance with prudent business practice.

- 22 -

	 	(h) 	
      Restrictions on Loans. Do not incur any
      borrowings, be in default under or incur any material increase in the
      Liabilities of the Target Companies.

	 	 	 
	 	(i) 	
      Restrictions on Certain Commitments. Do not enter
      into commitments for capital expenditures or incur any contingent
      liability.

	 	 	 
	 	(j) 	
      Charter Documents. Do not amend the Target
      Companies' Constating Documents or change in any manner the Target
      Companies' authorized capital or the rights, privileges, restrictions and
      conditions attaching to any of the Target Companies' share
  capital.

	 	 	 
	 	(k) 	
      New Directors or Officers. Do not appoint any new
      directors or officers.

	 	 	 
	 	(l) 	
      Maintain Registrations. Keep up to date all their
      registrations, licenses and permits, and the registrations, licenses and
      permits of the Target Companies' directors, officers and employees
      (collectively, the “Licensees”), and keep the Licensees in good standing
      with such Regulatory Authorities as are necessary to permit the Target
      Companies and their directors, officers and employees to carry on the
      Target Companies' Businesses as presently carried on.

	 	 	 
	 	(m) 	
      Compliance with Laws. Comply in all material
      respects with all Laws affecting the Target Companies in any
way.

	 	 	 
	 	(n) 	
      Obtain Consents. Obtain where required for the
      operation of the Target Companies' Businesses, all necessary Governmental
      Authorizations, releases, waivers, consents and approvals, and undertake
      all other reasonable actions as may be required to complete the
      transactions contemplated by this Agreement.

	 	 	 
	 	(o) 	
      Maintenance of Books and Records. Maintain the
      Target Companies' books of account and records in the usual, regular and
      ordinary manner, in accordance with generally accepted accounting
      principles in the PRC applied on a consistent
basis.

	(2) 	
      Notice of Material
Developments

     Tianren agrees to notify Spur in
writing as soon as possible if Tianren determines that a state of facts exists
which results in, or could reasonably be expected to result in: 

	 	(a) 	
      any representation and warranty of Tianren in this
      Agreement being untrue or incorrect in any material respects;

	 	 	 
	 	(b) 	
      the non-fulfillment of any conditions set forth in this
      Agreement; or

	 	 	 
	 	(c) 	
      any adverse material change in the business, operations,
      assets, liabilities, ownership, capital or financial position or condition
      of any of the Target Companies, or change in a material fact that has a
      material adverse affect on, or would reasonably be expected to have a
      material adverse affect on the Equity Contributions, the value
  to

-23- 

Spur of the acquisitions contemplated
by this Agreement, the business, operations, assets, liabilities, ownership,
capital or financial position or condition of any of the Target Companies.

	(3) 	
      Assist in Securing the Consent of the
    Exchange

     Tianren agrees to take all
reasonable steps necessary to assist Spur in securing the consent of the
Exchange as contemplated in this Agreement including, without limitation,
providing as soon as practicable the following documents that are anticipated to
be required by the Exchange: 

	 	(a) 	
      the Targets' Financial Statements for 2005, with
      auditors' report and auditors' consent letter, prepared in to Canadian
      generally accepted accounting principles (GAAP), together with
      confirmation that the statements have been prepared in accordance with
      Canadian generally accepted auditing standards (GAAS)
..

	(4) 	
      At Closing

     In addition to the foregoing,
Tianren covenants and agrees with Spur that it will, and will cause the Target
Companies to, take such steps and to do all such other acts and things as may be
necessary or desirable in order to give effect to the transactions contemplated
by this Agreement and, without limiting the generality of the foregoing, ensure
that at each Closing: 

	 	(a) 	
      Representations and Warranties. The
      representations and warranties of Tianren are true and correct in all
      material respects.

	 	 	 
	 	(b) 	
      Covenants. All covenants of Tianren required to be
      performed prior to Closing have been performed.

	 	 	 
	 	(c) 	
      Execution and Delivery Ratified and Authorized.
      The execution and delivery of this Agreement and the performance by
      Tianren of its obligations under this Agreement have been duly and validly
      ratified and authorized by the Board of Directors of Tianren.

	 	 	 
	 	(d) 	
      Due Execution. This Agreement has been duly
      executed and delivered by Tianren and constitutes a valid and binding
      obligation of Tianren enforceable against Tianren.

	 	 	 
	 	(e) 	
      Adjustment Date. Notwithstanding the date of the
      Closing, all rights to net profits or losses and dividends thereon which
      accrue from May 31, 2006 to the date of the Closing in respect of the
      Target Company which is the subject of the Closing will be for the benefit
      of Spur, subject to the provisions of Section 6.1 in the event of
      termination.

-24- 

	4.2 	Covenants of Spur 
	 	 
	(1) 	Agreement Date to Closing
  

     Spur covenants and agrees with
Tianren that, from the date of this Agreement to the Closing, it will take all
steps and do all other acts and things as may be necessary or desirable in order
to give effect to the transactions contemplated by this Agreement and, without
limiting the generality of the foregoing: 

	 	(a) 	
      Maintain Listing: Maintain its listing on the
      Exchange.

	 	 	 	 
	 	(b) 	
      Maintain Registrations. Use its best efforts to
      maintain all of Spur’s registrations, licenses and permits, and the
      registrations, licenses and permits of Spur’s directors, officers and
      employees, in good standing with such Regulatory Authorities as are
      necessary to permit Spur and its directors, officers and employees to
      carry on its business as presently carried on.

	 	 	 	 
	 	(c) 	
      Compliance with Laws. Comply in all material
      respects with all Laws applicable to it including the Canadian Securities
      Laws and the rules and regulations of the Exchange and to the conduct of
      its business.

	 	 	 	 
	 	(d) 	
      Maintenance of Books and Records. Maintain Spur’s
      books of account and records in the usual, regular and ordinary manner, in
      accordance with generally accepted accounting principles applied on a
      consistent basis.

	 	 	 	 
	 	(e) 	
      Notice of Material Developments. Notify Tianren in
      writing as soon as it or any of its directors or officers have determined
      that a state of facts exist which results in, or could reasonably be
      expected to result in:

	 	 	 	 
	 		(i) 	
      any representation and warranty of Spur being untrue or
      incorrect in any material respects;

	 	 	 	 
	 		(ii) 	
      the non-fulfillment of any conditions set forth in this
      Agreement; or

	 	 	 	 
	 		(iii) 	
      any adverse material change in the business, operations,
      assets, liabilities, ownership, capital or financial position or condition
      of Spur, or change in a material fact that has a material adverse affect
      on, or would reasonably be expected to have a material adverse affect on,
      the business, operations, assets, liabilities, ownership, capital or
      financial position or condition of Spur.

	 	 	 	 
	 	(f) 	
      Shareholder Approval. Use its best efforts to
      obtain shareholder approval, by written consent of greater than 20% of the
      Spur shareholders, to this transaction as required by the
  Exchange.

	 	 	 	 
	 	(g) 	
      Consent of Exchange. Use its best efforts to
      obtain the consent of the Exchange and comply with all other regulatory
      requirements, requirements of the Exchange

-25- 

	 		
      and requirements of the Canadian Securities Laws and
      Chinese Securities Laws applicable to the issue of the Spur Shares as
      contemplated by this Agreement.

	 	 	 
	 	(h) 	
      Obtain Consents. Use its best efforts to obtain
      all necessary Governmental Authorizations, and all necessary releases,
      waivers, consents and approvals, and undertake any other reasonable
      action, as may be required to complete Spur's obligations under this
      Agreement and to consummate the transactions contemplated by this
      Agreement.

PART 5

CONDITIONS PRECEDENT

	5.1 	
      Mutual Conditions
Precedent

     The obligations of the parties to
complete the sale of the Equity Contributions or any of them and the
transactions contemplated by this Agreement are subject to all of the following
conditions being satisfied on or before each Closing, which conditions are for
the mutual benefit of the parties and may be waived in whole or in part only if
jointly waived by both parties:

	 	(a) 	
      in respect of the Closing of the purchase and sale of
      each Equity Contribution, all required approvals, authorizations, waivers
      and consents, legal and otherwise, have been obtained or received from the
      persons, authorities or bodies having jurisdiction in the
      circumstances;

	 	 	 
	 	(b) 	
      all necessary approvals of the shareholders of Spur for
      the issue of the Spur Shares and the consent of the Exchange to this
      transaction have been obtained, the Spur Shares have been conditionally
      approved for listing on the Exchange (with correspondence evidencing such
      approval provided to Tianren prior to Closing), subject only to the filing
      of the required documents within the time stipulated by the
    Exchange.

	 	 	 
	 	(c) 	
      No provision of any applicable Laws and no judgment,
      injunction, order or decree will be in effect which restrains or otherwise
      prohibits the sale of the Equity
Contributions.

	5.2 	
      Conditions for the Benefit of
  Tianren

     The obligation of Tianren to
complete the sale of any Equity Contribution or all of them and the transactions
contemplated by this Agreement is subject to the satisfaction on or before each
Closing, unless waived in whole or in part by Tianren of each of the following
conditions which are for the exclusive benefit of Tianren: 

	 	(a) 	
      The representations and warranties of Spur are true and
      correct in all material respects as at the Closing with the same force and
      effect as if such representations and warranties had been made at and as
      of the Closing;

 - 26 -

	 	(b) 	
      Spur has, in all material respects, performed and
      complied with all covenants and agreements contained in this Agreement to
      be performed or complied with, or caused to be performed or complied with,
      by Spur at or prior to the Closing;

	 	 	 	 
	 	(c) 	
      none of the approvals, authorizations, consents, orders,
      laws or regulations contemplated in Section 5.1 contained terms or
      conditions or require undertakings or security deemed unsatisfactory or
      unacceptable by Tianren acting reasonably;

	 	 	 	 
	 	(d) 	
      Spur has delivered to Tianren on the Final
  Closing:

	 	 	 	 
	 		(i) 	
      certified copies of resolutions of the directors of Spur
      approving this Agreement and all other transactions contemplated by this
      Agreement;

	 	 	 	 
	 		(ii) 	
      such other documentation and assurances as may be
      reasonably required by Tianren or its counsel;

	 	 	 	 
	 	(e) 	
      Spur has delivered to Tianren a certificate, dated as of
      each Closing, and signed by any two of its officers certifying
  that:

	 	 	 	 
	 		(i) 	
      The representations and warranties of Spur contained in
      this Agreement are true and correct at the Closing;

	 	 	 	 
	 		(ii) 	
      Spur has performed and complied with all covenants and
      agreements contained in this Agreement to be performed or complied with by
      Spur at or prior to the Closing Date; and

	 	 	 	 
	 	(f) 	
      Counsel to Spur has delivered favourable legal opinions
      to Tianren, dated as of the date of each Closing, respecting the issuance
      of the Spur Shares and with respect to all such other legal matters that
      Tianren may reasonably request.

	5.3 	
      Conditions for the Benefit of
  Spur

     The obligation of Spur to
complete the purchase of any Equity Contribution or all of them and the
transactions contemplated by this Agreement is subject to the satisfaction of
each of the following conditions, unless waived in whole or in part by Spur of
each of the following conditions which are for the exclusive benefit of
Spur:

	 	(a) 	
      Tianren has provided all documents and information
      required by the Exchange in connection with this transaction;

	 	 	 
	 	(b) 	
      The representations and warranties of Tianren in this
      Agreement are true and correct in all material respects as at each Closing
      with the same force and effect as if such representations and warranties
      had been made at and as of such Closing;

	 	 	 
	 	(c) 	
      none of the approvals, authorizations, consents, orders,
      laws or regulations contemplated in Section 5.1 contained terms or
      conditions or require undertakings or security deemed unsatisfactory or
      unacceptable by Spur acting reasonably;

 - 27 -

	 	(d) 	
      At or prior to the applicable Closing Date Tianren has,
      in all material respects, performed and complied with all covenants and
      agreements contained in this Agreement to be performed or complied with,
      or caused to be performed or complied with, by Tianren, and has caused the
      Target Companies and all Affiliates to take such actions as are required
      to enable Tianren to comply with all representations, warranties,
      covenants and agreements in this Agreement;

	 	 	 	 
	 	(e) 	
      On or before the First Closing Tianren has provided to
      Spur:

	 	 	 	 
	 		(i) 	
      A right of first refusal on the Schenzhou Fertilizer
      Plant, Hebei Province, now owned 100% by Tianren, in form satisfactory to
      Spur acting reasonably;

	 	 	 	 
	 		(ii) 	
      The Escrow and Voting Restriction Agreement, duly
      executed by Tianren;

	 	 	 	 
	 		(iii) 	
      Employment contracts for Mr. Zhai, Jidong and Mr. Zhao
      Huitian;

	 	 	 	 
	 		(iv) 	
      certified copies of resolutions of the directors of
      Tianren and its Affiliates, as appropriate, approving this Agreement, the
      transfer of the Equity Contributions to Spur or its nominee and all other
      transactions contemplated by this Agreement;

	 	 	 	 
	 	(f) 	
      At each Closing Tianren has delivered to Spur the
      certificate of Tianren, dated as of the Closing Date, and signed by any
      two of Tianren's officers, certifying that:

	 	 	 	 
	 		(i) 	
      all material contracts, relationships with clients and
      suppliers and all other material business relationships of the Acquiree in
      existence at the date of this Agreement and those added prior to the
      Closing continue in full force and effect on the applicable
  Closing;

	 	 	 	 
	 		(ii) 	
      there has been no material increase in the Liabilities of
      the Acquiree since December 31, 2005;

	 	 	 	 
	 		(iii) 	
      the representations and warranties of Tianren contained
      in this Agreement are true and correct as of the Closing Date;

	 	 	 	 
	 		(iv) 	
      Tianren has performed and complied with all covenants and
      agreements contained in this Agreement to be performed or complied with by
      Tianren at or prior to the Closing;

	 	 	 	 
	 		(v) 	
      all necessary corporate action has been taken by Tianren
      and its affiliates, as applicable, to authorize the execution and delivery
      of this Agreement and to consummate the transactions contemplated by this
      Agreement; and

	 	 	 	 
	 		(vi) 	
      the Acquiree has sufficient working capital as at the
      date of the Closing to meet its ongoing financial commitments as and when
      they fall due.

	 	 	 	 
	 	(g) 	
      On or before each applicable Closing, Tianren has
      delivered to Spur:

 - 28 -

	 	(i) 	
      resignations in writing of the directors of the Acquiree
      as requested by Spur;

	 	 	 
	 	(ii) 	
      a duly executed transfer effecting the transfer of each
      Equity Contribution, a duly executed certificate in the name of Spur China
      representing each Equity Contribution being transferred in form
      registrable on the books of the Acquiree, and a certified copy of the
      registers for the Acquiree showing Spur China as the duly registered
      holder of such Equity Contribution;

	 	 	 
	 	(iii) 	
      favourable legal opinions of Chinese counsel dated as of
      the date of each Closing, substantially in the form of opinion attached as
      Schedule (25), and other legal opinions with respect to all such
      other legal matters that Spur may reasonably request including that title
      to the Equity Contribution or Equity Contributions being acquired at the
      Closing has or have been legally transferred to Spur China without
      Encumbrances or any restriction on exercise of ownership; and

	 	 	 
	 	(iv) 	
      such other documentation and assurances reasonably
      required by Spur or its counsel.

PART 6

TERMINATION AND AMENDMENT

	6.1 	
      Termination

	 	 	 
		
      This Agreement may be terminated at any time prior to the
      Final Closing:

	 	 	 
		(a) 	
      by mutual consent of each of Tianren and Spur;

	 	 	 
		(b) 	
      by Tianren if there has been a material breach of any
      representation, warranty, covenant or agreement on the part of Spur set
      forth in this Agreement and by Spur if there has been a material breach of
      any representation, warranty, covenant or agreement on the part of Tianren
      set forth in the Agreement, in each case which breach has not been cured
      within five (5) business days following receipt by the breaching party of
      notice of such breach, or if any permanent injunction or other order of a
      court or competent authority preventing the Closing of this Agreement will
      have become final and non-appealable; and

	 	 	 
		(c) 	
      If this transaction is not closed eventually on or before
      March 31st , 2007,

	 	 	 
		(d) 	
      by any party upon two day’s written notice if the Final
      Closing of this Agreement will not have occurred on or before March
      31st, 2007 (the "Termination Date")

	 	 	 
		
      provided that if so terminated, retained earnings of
      Target Companies will need to be returned to Tianren and therefore, Spur
      has to keep all dividends which may be paid out in

 - 29 -

the Target Companies’ account [after
May 31, 2006 and] before Final Closing in case of termination of this Agreement.

	6.2 	
      Effect of Termination

     In the event of termination of
this Agreement in accordance with the provisions of Section 6.1, this Agreement
will forthwith become void, all of the Spur Shares will be cancelled and
returned to Spur's treasury, Spur will do all things and take all actions to
ensure that all of the shares representing the Equity Contributions are returned
to Tianren, and there will be no liability or obligation on the part of Tianren
or Spur, or their respective officers and directors, except as provided in
Section 8.9 below.

	6.3 	
      Amendment

     This Agreement may be amended by
the parties, by action taken or authorized by their respective Boards of
Directors, at any time before or after approval of the matters presented in
connection with this Agreement by the stockholders of Spur, but, after any such
approval, no amendment will be made which by law requires further approval by
such stockholders without such further approval. This Agreement may not be
amended except by an instrument in writing signed by each of the parties. 

	6.4 	
      Extension; Waiver

     At any time prior to the Final
Closing, a party may, by action taken or authorized by its board of directors,
to the extent legally allowed, (i) extend the time for the performance of any of
the obligations or other acts of the other party, (ii) waive any inaccuracies in
the representations and warranties of the other party contained in this
Agreement or in any document delivered pursuant to it and (iii) waive compliance
with any of the agreements or conditions of the other party contained in this
Agreement. Any agreement on the part of a party to any such extension or waiver
will be valid only if set forth in a written instrument signed on behalf of such
party. 

PART 7

SURVIVAL OF REPRESENTATIONS, WARRANTIES AND COVENANTS

	7.1 	
      Survival of Representations, Warranties and
      Covenants

     All representations, warranties
and covenants of the parties contained in this Agreement will remain operative
and in full force and effect, regardless of the investigation made by or on
behalf of the parties to this Agreement, until the earlier of the termination of
this Agreement or one year from the final Closing Date, whereupon such
representations, warranties and covenants will expire, with the exception of
those representations, warranties and covenants involving fraud or fraudulent
misrepresentations, which will never expire. 

	7.2 	
      Indemnities

- 30 -

	 	(a) 	
      Each party (the “Indemnifying Party”) undertakes with the
      other party (the “Indemnified Party”) and its current and former
      directors, officers, shareholders, employees, agents to hold the
      Indemnified Party fully and effectually indemnified from and against all
      losses, Claims, damages, liabilities, actions or demands (including
      amounts paid in any settlement approved by the Indemnifying Party of any
      action, suit, proceeding or Claim but excluding lost profits and
      consequential damages), to which such Indemnified Party and its current
      and former directors, officers, shareholders, employees, agents may become
      subject insofar as such losses, Claims, damages, liabilities, actions or
      demands arise out of or are based upon any breach of a representation,
      warranty, covenant or obligation of the Indemnifying Party contained in
      this Agreement or any certificate or notice delivered by it in connection
      with this Agreement, and will reimburse such Indemnified Party for any
      legal or other expenses reasonably incurred by such Indemnified Party in
      connection with investigating or defending any such loss, Claim, damage,
      liability, action or demand.

	 	 	 
	 	(b) 	
      Promptly after receipt by an Indemnified Party of notice
      of a possible action, suit, proceeding or Claim referred to in Section
      7.2(a), such Indemnified Party, if a Claim is to be made against the
      Indemnifying Party, will provide the Indemnifying Party with written
      particulars of the Claim; provided that failure to provide the
      Indemnifying Party with such particulars will not relieve such
      Indemnifying Party from any liability which it might have on account of
      the indemnity provided for in this agreement except insofar as such
      failure will prejudice such Indemnifying Party. The Indemnified Party will
      also provide to the Indemnifying Party copies of all relevant
      documentation and, unless the Indemnifying Party assumes the defence of
      the Claim, will keep such Indemnifying Party advised of its progress and
      will discuss with the Indemnifying Party all significant actions
      proposed.

	 	 	 
	 	(c) 	
      An Indemnifying Party will be entitled, at its own
      expense, to participate in (and, to the extent that it may wish, to
      assume) the defence of any such action, suit, proceeding or Claim but such
      defence will be conducted by counsel of good standing approved by the
      Indemnified Party, such approval not to be unreasonably withheld. Upon the
      Indemnifying Party notifying the Indemnified Party of its election so to
      assume the defence and retaining such counsel, the Indemnifying Party will
      not be liable to the Indemnified Party for any legal or other expenses
      subsequently incurred by it in connection with such defence other than for
      reasonable costs of investigation. If such defence is assumed by the
      Indemnifying Party, it will, through the course thereof, provide copies of
      all relevant documentation to the Indemnified Party, keep such Indemnified
      Party advised of the progress thereof and will discuss with the
      Indemnified Party all significant actions proposed. No Indemnifying Party
      will enter into any settlement without the consent of the Indemnified
      Party, but such consent will not be unreasonably withheld. If such defence
      is not assumed by the Indemnifying Party, the

  - 31 -

	 		
      Indemnifying Party will not be liable for any settlement
      made without its consent, but such consent will not be unreasonably
      withheld.

	 	 	 
	 	(d) 	
      Notwithstanding the foregoing, an Indemnified Party will
      have the right, at the Indemnifying Party’s expense, to employ counsel of
      its own choice in respect of the defence of any such action, suit,
      proceeding or Claim if (i) the employment of such counsel has been
      authorized by the Indemnifying Party in connection with such defence; or
      (ii) counsel retained by the Indemnifying Party or the Indemnified Party
      will have advised the Indemnified Party that there may be legal defences
      available to it which are different from or in addition to those available
      to the Indemnifying Party (in which event and to that extent, the
      Indemnifying Party will not have the right to assume or direct the defence
      on behalf of the Indemnified Party) or that there may be a conflict of
      interest between the Indemnifying Party and the Indemnified Party; or
      (iii) the Indemnifying Party will not have assumed such defence and
      employed counsel within a reasonable time after receiving notice of such
      action, suit, proceeding or Claim.

	7.3 	
      Term

     Subject to the provisions of
section 7.1, the obligations of each party under this Part Seven will terminate
one year from the Final Closing Date, save with respect to all losses, Claims,
damages, liabilities, actions or demands notice of which is given to the
Indemnifying Party by the Indemnified Party on or before such time in compliance
with Section 7.2(a) . 

PART 8

GENERAL

	8.1 	
      Time and Place of Closing

     The Closings will take place at
9:00 a.m. (Vancouver time) on the Closing Dates at the offices of DuMoulin Black
LLP in Vancouver, British Columbia, or at such other place or date as may be
mutually agreed by the parties.

	8.2 	
      Notices

     Any notice or other communication
which is required or permitted to be given pursuant to any provision of this
Agreement will be in writing, delivered personally, by registered mail or by
telecopy, and addressed as follows: 

-32- 

	 	(a) 	in the case of a notice or other communication
      to Tianren: 
	 	  	  
	 	  	Tianren 
	 	  	  
	 	  	           
             Hebei Tianren 
	 	  	           
             East Section, Jianshe Road 
	 	  	           
             Haigang District, Qinhuangdao 
	 	  	           
             Hebei, China 066003 
	 	  	  
	 	  	           
             Attention: Cheng Zhiguang 
	 	  	           
             Telecopier Number: (86) 335-3161304 
	 	  	with copies to: 
	 	  	  
	 	  	           
             Stikeman Elliott LLP 
	 	  	           
             5300 Commerce Court West 
	 	  	           
             199 Bay Street 
	 	  	           
             Toronto, Ontario M5L 1B9 
	 	  	  
	 	  	           
             Attention: Donald Belovitch 
	 	 	                   Telecopier
      Number: (416) 947-0866  
	 	  	And to 
	 	  	  
	 	  	           
             Global Law Office 
	 	  	           
             7th Floor, Jing Guang Center 
	 	  	           
             Hu Jia Lou, Chaoyang District 
	 	  	           
             Beijing, 100020, PR. China 
	 	  	  
	 	  	           
             Attention: George Niu 
	 	  	           
             Telecopier Number: (86 10)6467-2012/2013 
	 	  	  
	 	(b) 	in the case of a notice or other communication
      to Spur: 
	 	  	  
	 	  	           
             Spur Ventures Inc. 
	 	  	           
             Suite 3083, Three Bentall Centre 
	 	 	                   595
      Burrard Street, P.O. Box 49298 
	 	  	           
             Vancouver, BC V7X 1L3 
	 	  	  
	 	  	           
             Attention: Robert Rennie 
	 	 	                   Telecopier
      Number: (604) 689-5564  

-33- 

	 	 	with a copy to: 
	 	 	  
	 	 	           
             DuMoulin Black LLP 
	 	 	           
             10th Floor, 595 Howe Street 
	 	 	           
             Vancouver, B.C. 
	 	 	           
             V6C 2T5 
	 	 	           
             Attention: Corey M. Dean 
	 	 	           
             Telecopier Number: (604) 687-8772 
	 	 	  
	 	 	           
             and to: 
	 	 	  
	 	 	           
             Jun He Law Offices 
	 	 	           
             China Resources Building, 20th Floor
    
	 	 	           
             8 Jianguomenbei Avenue, Beijing 100005, P.R.
      China 
	 	 	  
	 	 	           
             Attention: Chen Jie 
	 	 	           
             Telecopier Number: [86] (10) 8519-1350
  

or such other address or telecopier number as a party may, from
time to time, advise the other parties hereto by notice in writing given in
accordance with the foregoing. The date of receipt of any such notice will be
deemed to be the date of delivery thereof, if delivered, and on the day of
telecopying and receipt of a successful transmission confirmation statement, if
telecopied, provided such day is a Business Day and, if not, on the first
Business Day thereafter. 

	8.3 	
      Confidentiality and Disclosure

	 	 	 
		(a) 	
      Except as may be required by applicable Laws, any
      information concerning any of Tianren, the Target Companies or Spur, and
      their respective affiliates disclosed to the other parties to this
      Agreement or their representatives, which has not been publicly disclosed
      or obtained from third parties not in breach of confidential obligations
      or already known or in the public domain, will be kept strictly
      confidential by them and will not be disclosed or used by the recipients
      thereof whether or not the Closing occurs until publicly disclosed or
      agreed in writing to be disclosed by the party to which such information
      relates. Further, it is agreed and acknowledged that all such information
      is being disclosed solely for the purpose of completing the transactions
      contemplated by this Agreement and will not be used for any other purpose.
      In the event that the Closing does not occur, all documents, if any,
      marked as being of a confidential nature, delivered to Tianren, the Target
      Companies or Spur or their respective representatives and any copies
      thereof will be immediately returned to the party to which such
      information relates.

	 	 	 
		(b) 	
      Except as may be required under applicable Laws, no press
      releases or material change reports relating to the transactions
      contemplated hereby will be issued by any party to this Agreement, nor
      will the terms of this Agreement be disclosed to third parties other than
      the representatives of the parties, without the consent in
  writing

-34- 

of the other parties. All necessary
press releases and material change reports required form will be submitted for
approval by the party preparing such press release or material change report to
the other parties prior to the filing thereof in accordance with applicable
Laws. 

	8.4 	
      Dispute Resolution and
  Arbitration

     In the event of a dispute under
or related to this Agreement, the parties agree to negotiate diligently and in
good faith the satisfactory resolution of such dispute. Failing such resolution,
the dispute will be submitted to the Hong Kong International Arbitration Centre
located in Hong Kong for arbitration. UNCITRAL Arbitration Rules will apply to
the arbitration proceedings, which will be conducted in English. For the
arbitration tribunal, each party will appoint one member of the arbitration
tribunal. The appointment of the third arbitrator will be agreed by Spur and
Tianren. If they fail to reach such an agreement, the Hong Kong International
Arbitration Centre will appoint the third arbitrator. Spur will share the costs
of the arbitrator and the arbitration venue with Tianren. Each party will be
responsible for their own legal costs, except where the arbitrator awards costs
against a party. 

	8.5 	
      Governing Law

     This Agreement will be governed
by and construed in accordance with the Laws of the province of British
Columbia, Canada and the federal Laws of Canada applicable therein and each of
the parties irrevocably consents to the jurisdiction of the courts of British
Columbia, Canada. 

	8.6 	
      Disclosure to Regulatory
  Authorities

     Tianren acknowledges and consents
to the release by Spur of certain information regarding Tianren's participation
in this Agreement, including Tianren's name, address, telephone number and
registration instructions, the number of Spur Shares acquired, the number of
securities of Spur held, the status of Tianren as an insider, as a pro group
member or as otherwise represented herein, and, if applicable, information
regarding beneficial ownership of or the principals of Tianren, in compliance
with securities regulatory policies to regulatory authorities (including the
Exchange) in reporting jurisdictions to other authorities as required by Law and
to the transfer agent of Spur for the purposes of arranging for the preparation
of the certificates representing the Spur Shares issuable in connection with the
offering of the Spur Shares. The purpose of the collection of the information is
to ensure Spur and its advisors will be able to issue Spur Shares to Tianren in
compliance with applicable Canadian securities Laws and the instructions of
Tianren and to obtain the information required to be provided in documents
required to be filed with the Exchange and with securities regulatory
authorities under applicable securities Laws and other authorities as required
by Law. In addition, Tianren acknowledges and consents to the collection, use
and disclosure of all such personal information by the Exchange and other
regulatory authorities in accordance with their requirements, including the
provision to third party service providers, from time to time. 

-35- 

The contact information for the officer of Spur who can answer
questions about the collection of information by Spur is as follows: 

Spur Ventures Inc. 
Suite 3083,
Three Bentall Centre 
595 Burrard Street, P.O. Box 49298 
Vancouver, BC
V7X 1L3 
PhoneNo: (604) 689-5564 
Fax No: (604) 682-2802 
Email questions@spur-ventures.com

	8.7 	
      Binding Effect

     This Agreement will be binding
upon and will enure to the benefit of the parties hereto and their respective
successors and permitted assigns. 

	8.8 	
      Assignment

     Subject to the express provisions
of this Agreement, neither of the parties may assign his or its rights or
obligations under this Agreement without the prior written consent of the other,
such consent not to be unreasonably withheld. 

	8.9 	
      Further Assurances

     Each of the parties, upon the
request of any other party, whether before or after the Closing, will do,
execute, acknowledge and deliver or cause to be done, executed, acknowledged or
delivered all such further acts, deeds, documents, assignments, transfers,
conveyances and assurances as may be reasonably necessary or desirable to effect
complete consummation of the transactions contemplated by this Agreement. 

	8.10 	
      Expenses

     The parties hereby agree that,
whether or not the proposed transaction outlined herein is ever consummated,
each party will pay all of its own expenses in connection with this Acquisition
and this Agreement. 

8.11 Entire Agreement; No Third Party Beneficiary; Rights of
Ownership 

     The terms and provisions
contained in this Agreement (including the documents and the instruments
referred to herein) (a) constitute the entire agreement between the parties
pertaining to the subject matter hereof and supersede all prior agreements,
understandings, negotiations and discussions, whether oral or written, between
the parties with respect to the subject matter hereof, (b) are not intended to
confer upon any person other than the parties hereto any rights or remedies
hereunder. The parties acknowledge that, except as hereinafter agreed to in
writing, no party will have the right to acquire or will be deemed to have
acquired shares of common stock of the other party pursuant to this Agreement
until the consummation thereof.

-36- 

	8.12 	
      Counterparts and Facsimile

     This Agreement may be executed in
one or more counterparts, each of which will be deemed an original but all of
which together will constitute one and the same instrument. This Agreement and
any counterpart thereof may be executed by telecopy and when delivered will be
deemed to be an original. 

	8.13 	
      Severability

     Any provision of this Agreement
which is prohibited or unenforceable in any jurisdiction will, as to such
jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions of this Agreement
or affecting the validity or enforceability of such provision in any other
jurisdiction. 

	8.14 	
      Time of Essence

	 	 
		
      Time is of the essence in this Agreement.

	 	 
	8.15 	
      Language

This Agreement is written in both English and Chinese, and both
languages are equally authoritative. 

This agreement made as of the date first above written, but
actually executed on: 

DATE:  June 18, 2006

     IN WITNESS WHEREOF the
parties have executed this Agreement as of the day and year first above written.

HEBEI TIANREN CHEMICAL CORP. 
 

-37- 

LIST OF SCHEDULES 

	Schedule 
# 	
Title 
	Prepared 
by 	
Page 

	#1 	Escrow & Voting Restriction Agreement 	Spur 	38 
	#2 	Permitted
      Encumbrances 	Tianren 	51 
	#3 	Permitted Encumbrances 	Spur 	52 
	#4 	Property
    	Tianren 	53 
	#5 	Resale
      Restrictions 	Spur 	57 
	#6 	List
      Of Spur Material Contracts 	Spur 	58 
	#7 	Equipment
      List 	Tianren 	59 
	#8a 	Loan
      Contract 	Tianren 	67 
	#8a 	Oral
      Loan Agreement Attachment 	Tianren 	68 
	#8a 	Purchasing
      Contract (Of An With Tianmeng) 	Tianren 	69 
	#8a 	Purchasing
      Contract (Of As With Liantong) 	Tianren 	70 
	#8a 	Purchasing
      Contract (Of As With Tiezhi) 	Tianren 	72 
	#8a 	Purchasing
      Contract (Of Bopp Film With Liantong) 	Tianren 	74 
	#8a 	Purchasing
      Contract (Of Map With Tianjin) 	Tianren 	75 
	#8a 	Purchasing
      Contract (Of Map With Xiangfan) 	Tianren 	77 
	#8a 	Purchasing
      Contract (Of Ssp With Tianfu) 	Tianren 	79 
	#8a 	Sales
      Contract (Knitted Pp Bags) 	Tianren 	81 
	#8b 	Loan
      Contract 	Tianren 	83 
	#8b 	Guarantee
      Contract 	Tianren 	84 
	#8b 	Due
      Bill 	Tianren 	85 
	#8b 	RMB
      fund loan contract 	Tianren 	86 
	#8b 	Purchasing
      Contract1 (Of Map With Xinjiang) 	Tianren 	87 
	#8b 	Purchasing
      Contract2 (Of Map With Xinjiang) 	Tianren 	89 
	#8b 	Agreement On Using Xinhua’S Resources 	Tianren 	91 
	#8b 	Contract
      For Quota Of The Accepted Bank Note 	Tianren 	93 
	#8b 	Purchasing
      Contract (Of Mop With Qinghai) 	Tianren 	94 
	#8b 	Purchasing
      Contract (Of Mop With Xinjiang) 	Tianren 	96 
	#8c 	Addendum
      To The Agreement Of Exclusive Sales 	Tianren 	97 
	#8c 	Exclusive
      Selling Agreement Of Sacf Series Products 	Tianren 	98 
	#8c 	General
      Npk Marketing Agreement with Whole Sellers in North East China 	Tianren 	100 
	#8c 	General
      Npk Marketing Agreement with Whole Sellers other than North East China
    	Tianren 	104 
	#8c 	Storage
      Contract 	Tianren 	108 
	#8d 	Addendum
      To The Agreement Of Loan 	Tianren 	110 
	#8d 	Agreement
      Of Loan 2 	Tianren 	111 

LIST OF SCHEDULES 

	Schedule 
# 	
Title 
	Prepared 
by 	
Page 

	#8d 	Agreement
      Of Loan 	Tianren 	112 
	#8d 	Sales
      Contract (Phosphate Powder) 	Tianren 	113 
	#8d 	Sales
      Contract (Phosphate Rock) 	Tianren 	115 
	#9 	The
      Employees 	Spur 	117 
	#10 	List
      Of Approvals 	Spur 	118 
	#11a 	Tianding'
      Financial Statements 	Tianren 	119 
	#11b 	Xinjiang'
      Financial Statements 	Tianren 	127 
	#11c 	Agr.Franchise'
      Financial Statements 	Tianren 	135 
	#11d 	Tianlong'
      Financial Statements 	Tianren 	143 
	#12 	List
      Of Loans And Credit Facilities 	Tianren 	151 
	#13 	List
      Of Bank Facilities 	Tianren 	153 
	#14 	List
      Of Four Companys' Material Contract 	Tianren 	157 
	#15 	List
      Of Taxation Issues 	Tianren 	166 
	#16 	Possible
      Litigation 	Tianren 	167 
	#17 	List
      Of Potential Environmental Violations 	Tianren 	168 
	#18 	List
      Of Environmental Orders Regarding Environment 	Tianren 	169 
	#19 	List
      Of Environmental Claims Regarding Environment 	Tianren 	170 
	#20 	List
      Of No Subsidiaries 	Spur 	171 
	#21 	List
      Of No Options 	Spur 	172 
	#22 	List
      Of Material Changes 	Spur 	173 
	#23 	List
      Of Loans And Credit Facilities 	Spur 	174 
	#24 	List
      Of Legal And Regulatory Matters 	Spur 	175 
	#25 	Legal
      Opinion 	Tianren 	176 
	#26 	Dividend
      Calculation 	Spur 	177 

SCHEDULE (1)

ESCROW AND VOTING RESTRICTION AGREEMENT

THIS AGREEMENT is made as of the 31st day of May,
2006.

AMONG:

SPUR VENTURES INC., a British
Columbia company, having its office at Suite 3083, 595 Burrard Street,
Vancouver, British Columbia, Canada V7X 1L3 or nominee, Legal Representative:
Robert J. Rennie (CEO of Spur) of Canadian nationality of the second part;

(the "Issuer")

AND:

HEBEI TIANREN CHEMICAL CORPORATION , a
Chinese company, having an office at East Section, Jianshe Road, Haigang
District, 
Qinhuangdao,Hebei,China 066003 Zhai Jidong, Authorized
Representative Chinese Nationality of the first part. 

(the "Holder")

AND:

COMPUTERSHARE TRUST COMPANY OF
CANADA

(the "Escrow Agent")

(collectively, the
"Parties")

     WHEREAS the Issuer has agreed to
issue the Acquisition Shares to the Holder on the terms and conditions set out
in the Acquisition Agreement, which anticipates that the Acquisition Shares may
be issued on up to four different Closing Dates; and

     The Holder has agreed to place
the Acquisition Shares into escrow upon and subject to the terms and conditions
set out below. 

DEFINITIONS

	(a) 	
      "Acquisition Agreement" means the Merger and
      Acquisition Agreement dated May 31st, 2006 between the Holder
      and the Issuer;

	 	 
	(b) 	
      "Acquisition Date" means the date upon which the
      acquisition of the Target Shares is complete;

	 	 
	(c) 	
      "Acquisition Shares" means the 15,512,516 Spur
      Shares issued in accordance with the terms of the Acquisition Agreement,
      and all additional Spur Shares referred to in section 1.3 below;

	 	 
	(d) 	
      "Closing Date" means the date or dates upon which
      any Acquisition Shares are issued to the Holder;

-38-

	(e) 	
      "Court" means the Supreme Court of British
      Columbia;

	 	 
	(f) 	
      “Escrow Shares” means all shares held in escrow by
      the Escrow Agent in accordance with the terms and conditions of this
      Agreement;

	 	 
	(g) 	
      "Exchange" means the TSX Venture Exchange or other
      stock exchange upon which the common shares of the Issuer are
    listed;

	 	 
	(h) 	
      "Exchange Acceptance" means the date the Exchange
      issues a bulletin evidencing final acceptance of the
Acquisition;

	 	 
	(i) 	
      "Final Closing Date" means the date upon which all
      15,512,516 Acquisition Shares have been issued by the Issuer;

	 	 
	(j) 	
      "Spur Share" means a common share of the
      Issuer;

PART 1 - ESCROW

	1.1 	
      Appointment of Escrow Agent

	 	 
		
      The Issuer and the Holder appoint the Escrow Agent to act
      as escrow agent under this Agreement. The Escrow Agent accepts the
      appointment.

	 	 
	1.2 	
      Deposit of Acquisition Shares in
  Escrow

The Holder authorizes the Issuer to deliver or cause to be
delivered all Acquisition Shares upon their issuance to the Escrow Agent, to be
held in escrow under this Agreement. The Holder will re-execute Schedule "A"
upon each issuance of Acquisition Shares that is delivered under this Agreement.

	1.3 	Additional Spur Shares 
	 	 
	If the Holder receives any additional Spur
      Shares: 

	 	a) 	
      as a dividend or other distribution on Escrow
    Shares;

	 	 	 
	 	b) 	
      on a subdivision, or compulsory or automatic conversion
      or exchange of Escrow Shares; or

	 	 	 
	 	c) 	
      from a successor issuer in a Business Combination, if
      Part 6 of this Agreement applies,

the Holder will deposit such additional Spur Shares in escrow
with the Escrow Agent, and the Holder authorizes the Issuer to deliver or cause
to be delivered to the Escrow Agent any share certificates or other evidence of
such additional Spur Shares.

	1.4 	
      Direction to Escrow Agent

The Issuer and the Holder direct the Escrow Agent to hold all
Escrow Shares in escrow until they are either released from escrow pursuant to
Section 2.1 of this Agreement or returned to the Issuer pursuant to Section 3.1
of this Agreement. 

-39-

PART 2 - RELEASE OF ESCROW SHARES

	2.1 	
      Release

Subject to this Agreement and Exchange Acceptance, and unless
returned to the Issuer pursuant to Section 3.1 below, the Escrow Shares will be
released from escrow on the date which is two years after the date of the
Acquisition Agreement. 

	2.2 	
      Delivery of Share Certificates for Escrow
      Shares

The Escrow Agent will send to the Holder the share certificates
or other evidence of all Escrow Shares as and if they are released from escrow
within 10 business days of such release.

PART 3 - RETURN OF ESCROWED SECURITIES TO THE ISSUER

	3.1 	
      Return of Escrowed Securities to the
  Issuer

If the Final Closing Date does not occur on or before March 31,
2007, the Issuer may at any time thereafter provide notice in writing to the
Escrow Agent, with a copy to the Holder, that the Final Closing Date has not
occurred and directing that the Acquisition Shares be returned to the Issuer.
The Escrow Agent will, within 10 business days of receipt of such notice,
release from escrow and return all Acquisition Shares to the Issuer unless it
receives an order of the Court directing that the Acquisition Shares not be
returned to the Issuer, in which case the Escrow Agent will continue to hold the
Acquisition Shares in escrow until directed otherwise by order of the Court or
by written agreement of the Issuer and the Holder. 

PART 4 - DEALING WITH ESCROW SHARES 

	4.1 	
      Restriction on Transfer,
etc.

The Holder will not sell, transfer, mortgage, enter into a
derivative transaction concerning, or otherwise deal in any way with the Escrow
Shares or any related share certificates or other evidence of the Escrow Shares.
The Holder may not participate in a transaction that results in a change of its
control or a change in the economic exposure of the principals to the risks of
holding the Escrow Shares. 

	4.2 	Pledge, Mortgage or Charge as Collateral for
      a Loan 

The Holder may not pledge, mortgage or
charge the Escrow Shares to a financial institution as collateral for a loan.

	4.3 	
      Voting of Escrow Shares

The Holder will not be entitled to cast, at any annual general
or special meeting of the shareholders of the Issuer, votes representing more
than 19.9% of the eligible votes of the Issuer based upon the non-diluted issued
capital of the Issuer outstanding at the time of the vote. For greater clarity,
as the issued capital of the Issuer increases, additional Escrow Shares will be
released from these voting restrictions, but the number will be restricted to
insure the percentage set out above is not exceeded at any time. The calculation
will be based on the total number of Acquisition Shares, if any, held by the
Holder at the time together with the number of Escrow Shares. Accordingly, the
Escrow Agent will not accept proxies representing Acquisition Shares greater
than 19.9% of the issued capital. In all other respects, the Acquisition Shares
owned by the Holder will have the same voting rights as all other Spur
Shares. 

-40-

	4.4 	
      Dividends on Escrow Shares

The Holder may receive a dividend or other distribution on the
Acquisition Shares, and elect the manner of payment from the standard options
offered by the Issuer. If the Escrow Agent receives a dividend or other
distribution on the Escrow Shares, the dividend or other distribution will be
held in escrow, and then released from escrow and delivered to the Holder on the
Final Closing Date, provided that no notice pursuant to Section 3.1 has been
received by the Escrow Agent. 

PART 5 TRANSFERS WITHIN ESCROW NOT PERMITTED 

	5.1 	
      Transfers not Permitted

The Holder may not transfer the Escrow Shares to any person
save as permitted in Section 5.3. 

	5.3 	Transfer upon Bankruptcy 
	  	  
	(1) 	The Holder may transfer the Escrow Shares to a
      trustee in bankruptcy or another person or company entitled to Escrow
      Shares on bankruptcy. 

	(2) 	
      Prior to the transfer, the Escrow Agent must
    receive:

	 	 	 	 
		(a) 	
      a certified copy of either

	 	 	 	 
			(i) 	
      the assignment in bankruptcy filed with the
      Superintendent of Bankruptcy, or

	 	 	 	 
			(ii) 	
      the receiving order adjudging the Holder
  bankrupt;

	 	 	 	 
		(b) 	
      a certified copy of a certificate of appointment of the
      trustee in bankruptcy;

	 	 	 	 
		(c) 	
      a transfer power of attorney, completed and executed by
      the transferor in accordance with the requirements of the Issuer's
      transfer agent; and

	 	 	 	 
		(d) 	
      an acknowledgment in the form of Schedule "B" signed by
      the trustee in bankruptcy or on direction from the trustee, with evidence
      of that director attached to the acknowledgment form, another person or
      company legally entitled to the Escrow Shares.

	 	 	 	 
	(3) 	
      Within 10 days after the transfer, the transferee of the
      Escrow Shares will file a copy of the acknowledgment with the securities
      regulators in the jurisdictions in which the Issuer is a reporting
      issuer.

PART 6 - BUSINESS COMBINATIONS 

	6.1 	
      Business Combinations

This Part applies to the following (a "Business
Combination"): 

	 	(a) 	
      a take-over bid for at least a majority of the
      outstanding equity securities of the Issuer or which, if successful, would
      result in a change of control of the Issuer;

	 	 	 
	 	(b) 	
      a formal issuer bid for at least a majority of the
      outstanding equity securities of the Issuer;

	 	 	 
	 	(c) 	
      a statutory arrangement;

	 	 	 
	 	(d) 	
      an amalgamation;

-41-

	 	(e) 	
      a merger;

	 	 	 
	 	(f) 	
      a reorganization or any other similar transaction that
      has an effect similar to an amalgamation or
merger.

	6.2 	
      Delivery to Escrow Agent

The Holder may tender the Escrow Shares to a person or company
in a BBusiness CombinationCombination. At least five business days prior to the
date the Escrow Shares must be tendered under the Business Combination, the
Holder must deliver to the Escrow Agent: 

	 	(a) 	
      a written direction signed by the Holder that directs the
      Escrow Agent to deliver to the depositary under the Business Combination
      Business Combinationany share certificates or other evidence of the Escrow
      Shares and a completed and executed cover letter or similar document and,
      where required, transfer power of attorney completed and executed for
      transfer in accordance with the requirements of the depositary, and any
      other documentation specified or provided by the Holder and required to be
      delivered to the depositary under the Business Combination; and

	 	 	 
	 	(b) 	
      any other information concerning the Business Combination
      Business Combinationas the Escrow Agent may reasonably
  require.

	6.3 	
      Delivery to Depositary

As soon as reasonably practicable, and in any event no later
than three business days after the Escrow Agent receives the documents and
information required under section 6.2, the Escrow Agent will deliver to the
depositary, in accordance with the direction, any share certificates or other
evidence of the Escrow Shares, and a letter addressed to the depositary that

	 	(a) 	
      identifies the Escrow Shares that are being
    tendered;

	 	 	 
	 	(b) 	
      states that the Escrow Shares are held in
  escrow;

	 	 	 
	 	(c) 	
      states that the Escrow Shares are delivered only for the
      purposes of the Business Combination and that they will be released from
      escrow only after the Escrow Agent receives the information described in
      section 6.4;

	 	 	 
	 	(d) 	
      if any share certificates or other evidence of the Escrow
      Shares have been delivered to the depositary, requires the depositary to
      return to the Escrow Agent, as soon as practicable, any share certificates
      or other evidence of the Escrow Shares that are not released from escrow
      into the Business Combination; and

	 	 	 
	 	(e) 	
      where applicable, requires the depositary to deliver or
      cause to be delivered to the Escrow Agent, as soon as practicable, any
      share certificates or other evidence of additional Escrow Shares that the
      Holder acquires under the Business
Combination.

	6.4 	
      Release of Escrow Shares to
  Depositary

The Escrow Agent will release from escrow the tendered Escrow
Shares when the Escrow Agent receives a declaration signed by the depositary or,
if the direction identifies the depositary as acting on behalf of another person
or company in respect of the Business Combination, by that other person or
company, that:

	 	(a) 	
      the terms and conditions of the Business Combination have
      been met or waived; or

-42-

	 	(b) 	
      in the case of a take-over bid or formal issuer bid, the
      Escrow Shares have either been taken up and paid for or are subject to an
      unconditional obligation to be taken up and paid for under the take-over
      bid or formal issuer bid.

	6.5 	
      Escrow of New Securities

If the Holder receives securities (the "New Securities")
or cash or combination thereof of another issuer (the "Successor Issuer")
in exchange for the Escrow Shares, the New Securities or cash or combination
thereof will be subject to escrow in substitution for the tendered Escrow Shares
to be held on the same terms and conditions, including release dates, as applied
to the exchanged Escrow Shares. 

PART 7 - RESIGNATION OF ESCROW AGENT 

	7.1 	
      Resignation of Escrow
Agent

(1) If the Escrow Agent wishes to resign as escrow agent, the
Escrow Agent will give written notice to the Issuer and the Holder. 

(2) If the Escrow Agent resigns, the Issuer will be responsible
for ensuring that the Escrow Agent is replaced not later than the Resignation or
Termination Date by another escrow agent that is acceptable to the securities
regulators having jurisdiction in the matter and that has accepted such
appointment, which appointment will be binding on the Issuer and the Holder.

(4) The resignation of the Escrow Agent will be effective, and
the Escrow Agent will cease to be bound by this Agreement, on the date that is
60 days after the date of receipt of the notice referred to above by the Escrow
Agent, or on such other date as the Escrow Agent, the Holder and the Issuer may
agree upon (the "Resignation or Termination Date"), provided that the
Resignation or Termination Date will not be less than 10 business days before a
release date. 

(5) If the Issuer and the Holder have not appointed a successor
escrow agent within 60 days of the Resignation or Termination Date, the Escrow
Agent will apply, at the expense of the Holder and the Issuer, to a court of
competent jurisdiction for the appointment of a successor escrow agent, and the
duties and responsibilities of the Escrow Agent will cease immediately upon such
appointment. 

(6) On any new appointment under this section, the successor
Escrow Agent will be vested with the same powers, rights, duties and obligations
as if it had been originally named herein as Escrow Agent, without any further
assurance, conveyance, act or deed. The predecessor Escrow Agent, upon receipt
of payment for any outstanding account for its services and expenses then
unpaid, will transfer, deliver and pay over to the successor Escrow Agent, who
will be entitled to receive, all securities, records or other property on
deposit with the predecessor Escrow Agent in relation to this Agreement and the
predecessor Escrow Agent with thereupon be discharged as Escrow Agent. 

(7) If any changes are made to Part 8 of this Agreement as a
result of the appointment of the successor Escrow Agent, those changes must not
be inconsistent with the terms of this Agreement and the Issuer will file a copy
of the new Agreement with the securities regulators with jurisdiction over this
Agreement and the Escrow Shares. 

PART 8 - OTHER CONTRACTUAL ARRANGEMENTS 

	8.1 	
      Escrow Agent Not a Trustee

The Escrow Agent accepts duties and responsibilities under this
Agreement, and the Escrow Shares and any share certificates or other evidence of
these securities, solely as a custodian, bailee and agent. No 

-43-

trust is intended to be, or is or will be, created hereby and
the Escrow Agent will owe no duties hereunder as a trustee. 

	8.2 	
      Escrow Agent Not Responsible for
  Genuineness

The Escrow Agent will not be responsible or liable in any
manner whatever for the sufficiency, correctness, genuineness or validity of any
Escrow Shares deposited with it.

	8.3 	
      Escrow Agent Not Responsible for Furnished
      Information

The Escrow Agent will have no responsibility for seeking,
obtaining, compiling, preparing or determining the accuracy of any information
or document, including the representative capacity in which a party purports to
act, that the Escrow Agent receives as a condition to a release from escrow or a
transfer of Escrow Shares under this Agreement. 

	8.4 	
      Escrow Agent Not Responsible after
  Release

The Escrow Agent will have no responsibility for Escrow Shares
that it has released to the Holder or at the Holder’s direction according to
this Agreement.

	8.5	
      Indemnification of Escrow
Agent

Subject to Section 8.6(3), the Issuer
and the Holder jointly and severally agree to indemnify and hold harmless the
Escrow Agent, its affiliates, and their current and former directors, officers,
employees and agents from and against any and all claims, demands, losses,
penalties, costs, expenses, fees and liabilities, including, without limitation,
legal fees and expenses, directly or indirectly arising out of, in connection
with, or in respect of, this Agreement, except where same result directly and
principally from negligence, wilful misconduct or bad faith on the part of the
Escrow Agent. This indemnity survives the release of the Escrow Shares, the
resignation or termination of the Escrow Agent and the termination of this
Agreement. 

	8.6 	
      Additional Provisions

(1) The Escrow Agent will be protected in acting and relying
reasonably upon any notice, direction, instruction, order, certificate,
confirmation, request, waiver, consent, receipt, statutory declaration or other
paper or document (collectively referred to as "Documents") furnished to
it and purportedly signed by any officer or person required to or entitled to
execute and deliver to the Escrow Agent any such Document in connection with
this Agreement, not only as to its due execution and the validity and
effectiveness of its provisions, but also as to the truth or accuracy of any
information therein contained, which it in good faith believes to be genuine.

(2) The Escrow Agent will not be bound by any notice of a claim
or demand with respect thereto, or any waiver, modification, amendment,
termination or rescission of this Agreement unless received by it in writing,
and signed by the other Parties and approved by the securities regulators with
jurisdiction as set out in section 10.6, and, if the duties or indemnification
of the Escrow Agent in this Agreement are affected, unless it has given its
prior written consent.

(3) The Escrow Agent may consult with or retain such legal
counsel and advisors as it may reasonably require for the purpose of discharging
its duties or determining its rights under this Agreement and may rely and act
upon the advice of such counsel or advisor. The Escrow Agent will give written
notice to the Issuer as soon as practicable that it has retained legal counsel
or other advisors. The Issuer will pay or reimburse the Escrow Agent for any
reasonable fees, expenses and disbursements of such counsel or advisors. 

-44-

(4) In the event of any disagreement arising under the terms of
this Agreement, the Escrow Agent will be entitled, at its option, to refuse to
comply with any and all demands whatsoever until the dispute is settled either
by a written agreement among the Parties or by a court of competent
jurisdiction. 

(5) The Escrow Agent will have no duties or responsibilities
except as expressly provided in this Agreement, and will have no duty or
responsibility under any other agreement, including any agreement referred to in
this Agreement, to which the Escrow Agent is not a party.

(6) The Escrow Agent will have the right not to act and will
not be liable for refusing to act unless it has received clear and reasonable
documentation that complies with the terms of this Agreement. Such documentation
must not require the exercise of any discretion or independent judgment.

(7) The Escrow Agent will have no responsibility with respect
to any Escrow Shares in respect of which no share certificate or other evidence
or electronic or uncertificated form of these securities has been delivered to
it, or otherwise received by it.

	8.7 	
      Limitation of Liability of Escrow
  Agent

The Escrow Agent will not be liable to any of the Parties
hereunder for any action taken or omitted to be taken by it under or in
connection with this Agreement, except for losses directly, principally and
immediately caused by its bad faith, wilful misconduct or negligence. Under no
circumstances will the Escrow Agent be liable for any special, indirect,
incidental, consequential, exemplary, aggravated or punitive losses or damages
hereunder, including any loss of profits, whether foreseeable or unforeseeable.
Notwithstanding the foregoing or any other provision of this Agreement, in no
event will the collective liability of the Escrow Agent under or in connection
with this Agreement to any one or more Parties, except for losses directly
caused by its negligence, bad faith or wilful misconduct, exceed the amount of
its annual fees under this Agreement or the amount of three thousand dollars
($3,000.00), whichever amount is greater. 

	8.8 	
      Remuneration of Escrow
Agent

The Issuer will pay the Escrow Agent reasonable remuneration
for its services under this Agreement, which fees are subject to revision from
time to time on 30 days' written notice. The Issuer will reimburse the Escrow
Agent for its expenses and disbursements. Any amount due under this section and
unpaid 30 days after request for such payment, will bear interest from the
expiration of such period at a rate per annum equal to the then current rate
charged by the Escrow Agent, payable on demand. 

PART 9 - NOTICES 

	9.1 	
      Notice to Escrow Agent

Documents will be considered to have been delivered to the
Escrow Agent on the next business day following the date of transmission, if
delivered by fax, the date of delivery, if delivered by hand during normal
business hours or by prepaid courier, or 5 business days after the date of
mailing, if delivered by mail, to the following: 

Computershare Trust Company Of Canada z 

	Attention: 	Manager, Corporate Trust 
	Fax Number: 	z 

-45-

	9.2 	
      Notice to Issuer

Documents will be considered to have been delivered to the
Issuer on the next business day following the date of transmission, if delivered
by fax, the date of delivery, if delivered by hand during normal business hours
or by prepaid courier, or 5 business days after the date of mailing, if
delivered by mail, to the following: 

Spur Ventures Inc. 
Suite 3083 – 595
Burrard Street
Bentall III, P.O. Box 49298 
Vancouver, British Columbia

Canada V7X 1L3 
Attn: Corporate Secretary 
Tel: (604) 689-5564

Fax: (604) 682-2802 

	9.3 	
      Notice to Holder

Documents will be considered to have been delivered to the
Issuer on the next business day following the date of transmission, if delivered
by fax, the date of delivery, if delivered by hand during normal business hours
or by prepaid courier, or 5 business days after the date of mailing, if
delivered by mail, to the following: 

Hebei Tianren Chemical
Corporation
East Section, Jianshe Road 
Haigang District

Qinhuangdao,Hebei,China 066003 
Attn: z
Tel: z 
Fax: z 
cc:
Stikeman Elliott LLP 
Attn: z
Tel: z 
Fax: z

	9.3 	
      Deliveries to Holder

Documents will be considered to have been delivered to a Holder
on the date of delivery, if delivered by hand or by prepaid courier, or 5
business days after the date of mailing, if delivered by mail, to the address on
the Issuer's share register. 

Any share certificates or other evidence of Escrow Shares will
be sent to the Holder's address on the Issuer's share register unless the Holder
has advised the Escrow Agent in writing otherwise at least ten business days
before the Escrow Shares are released from escrow. The Issuer will provide the
Escrow Agent with the Holder's address as listed on the Issuer's share
register.

	9.4 	
      Change of Address

(1) The Escrow Agent may change its address for delivery by
delivering notice of the change of address to the Issuer and to the Holder. 

-46-

(2) The Issuer may change its address for delivery by
delivering notice of the change of address to the Escrow Agent and to the
Holder. 

(3) The Holder may change its address for delivery by
delivering notice of the change of address to the Issuer and to the Escrow
Agent. 

	9.5 	
      Postal Interruption

A party to this Agreement will not mail a document it is
required to mail under this Agreement if the party is aware of an actual or
impending disruption of postal service. 

PART 10 - GENERAL 

	10.1 	
      Interpretation - "holding
  securities"

When this Agreement refers to securities that a holder "holds",
it means that the holder has direct or indirect beneficial ownership of, or
control or direction over, the securities. 

	10.2 	
      Further Assurances

The Parties will execute and deliver any further documents and
perform any further acts reasonably requested by any of the Parties to this
Agreement which are necessary to carry out the intent of this Agreement. 

	10.3 	
      Time

Time is of the essence of this Agreement. 

	10.4 	
      Governing Laws

The laws of British Columbia and the applicable laws of Canada
will govern this Agreement.

	10.5 	
      Jurisdiction

The securities regulator in the Province of British Columbia
has jurisdiction over this Agreement and the Escrow Shares. 

	10.6 	
      Counterparts

The Parties may execute this Agreement by fax and in
counterparts, each of which will be considered an original and all of which will
be one agreement. 

	10.8 	
      Singular and Plural

Wherever a singular expression is used in this Agreement, that
expression is considered as including the plural or the body corporate where
required by the context. 

	10.9 	
      Language

This Agreement has been drawn up in the English language at the
request of all Parties.

-47-

	10.10 	
      Benefit and Binding Effect

This Agreement will benefit and bind the Parties and their
heirs, executors, administrators, successors and permitted assigns and all
persons claiming through them as if they had been a party to this Agreement.

	10.11 	
      Entire Agreement

This is the entire agreement among the Parties concerning the
subject matter set out in this Agreement and supersedes any and all prior
understandings and agreements. 

	10.12 	
      Successor to Escrow Agent

Any corporation with which the Escrow Agent may be amalgamated,
merged or consolidated, or any corporation succeeding to the business of the
Escrow Agent will be the successor of the Escrow Agent under this Agreement
without any further act on its part or on the part or any of the Parties,
provided that the successor is recognized as a transfer agent by the Canadian
exchange the Issuer is listed on (or if the Issuer is not listed on a Canadian
exchange, by any Canadian exchange) and notice is given to the securities
regulators with jurisdiction. 

The Parties have executed and delivered this Agreement as of
the date set out above. 

COMPUTERSHARE TRUST COMPANY OF CANADA 

________________________________
Authorized signatory 

________________________________
Authorized
signatory 
 

	SPUR VENTURES INC. 	 	) 	 
	  	 	) 	 
	  	 	) 	 
	  	 	) 	 
	  	 	) 	 
	Authorized Signatory 	 	) 	c/s 
	  	 	) 	 
	  	 	) 	 
	Authorized Signatory 	 	) 	 

-48-

	HEBEI TIANREN CHEMICAL CORPORATION 	 	) 	 
	  	 	) 	 
	  	 	) 	 
	  	 	) 	 
	  	 	) 	 
	Authorized Signatory 	 	) 	 c/s 
	  	 	) 	 
	  	 	) 	 
	Authorized Signatory 	 	) 	 

-49-

	Schedule "A" to Escrow Agreement 
	Holder 	  	 
	 	 	 
	Name: 	HEBEI TIANREN CHEMICAL CORP. 	 
	 	 	 
	Authorized Signatory: 	 
    	 
	 	 	 
	Title: 	 
    	 
	  	  	 
	Securities: 	  	 

	Class and Type 
(i.e. Value Securities
      or Surplus 
Securities 	Number 

	Certificate(s) (if applicable)
      

	Common Shares 	  	  
	 	 	 
	 	 	 

HEBEI TIANREN CHEMICAL CORP. consents to the escrow of the
above-described securities.

-50-

SCHEDULE (2)

 

“Permitted Encumbrances” for Tianren

 

- None -

 

-51- 

SCHEDULE (3)

“PERMITTED ENCUMBRANCES” for SPUR

- None -

-52- 

Schedule(4a)

QINHUANGDAO TIANDING CHEMICAL CO.,LTD. PROPERTY LIST - 2005

	

Assets 	
Acquisition 
date 	

Acquisition mode 	
Measure
units 	

Real amount 	
Used
years 	Surplus
working 
years
    	

Initial value 	
Residual
ratio 	
Depreciative
rate
    
	
Depreciation
method
      
	
Accumulated
depreciation 
	
Net value 
	
Guarantee 
of credit
      

	 Remark

	Main Workshop 	2001-5-1 	stockholder input 	M2 	2,999.03 	4 	16 	5,502,663.00 	10% 	4.50% 	straight-line 	1,151,255.52 	4,351,407.48 	no 	 
	Official Building 	2001-5-1 	stockholder input 	M2 	1,481.06 	4 	16 	1,467,469.00 	10% 	4.50% 	straight-line 	286,156.52 	1,181,312.48 	no 	 
	Ammonium Nitrate Crashed 	2001-5-1 	stockholder input 	M2 	512.00 	4 	16 	346,096.00 	10% 	4.50% 	straight-line 	67,488.72 	278,607.28 	no 	 
	Material Storeroom 	2001-5-1 	stockholder input 	M2 	2,541.00 	4 	16 	2,259,964.00 	10% 	4.50% 	straight-line 	440,693.24 	1,819,270.76 	no 	 
	Oilcan Place 	2001-5-1 	stockholder input 	M2 	80.00 	4 	16 	62,269.00 	10% 	4.50% 	straight-line 	12,142.52 	50,126.48 	no 	 
	Transformer Substation 	2001-5-1 	stockholder input 	M2 	109.70 	4 	16 	117,774.00 	10% 	4.50% 	straight-line 	22,965.80 	94,808.20 	no 	 
	Roadway In Plant 	2001-5-1 	stockholder input 	M2 	3,894.00 	4 	16 	1,401,724.00 	10% 	4.50% 	straight-line 	273,336.44 	1,128,387.56 	no 	 
	Gatehouse 	2001-5-1 	stockholder input 	M2 	40.44 	4 	16 	40,881.00 	10% 	4.50% 	straight-line 	7,971.60 	32,909.40 	no 	 
	Boiler House 	2001-5-1 	stockholder input 	M2 	84.00 	4 	16 	50,421.00 	10% 	4.50% 	straight-line 	9,832.16 	40,588.84 	no 	 
	Shed 	2001-5-1 	stockholder input 	M2 	133.12 	4 	16 	28,383.00 	10% 	4.50% 	straight-line 	5,534.88 	22,848.12 	no 	 
	Jerrican Storeroom 	2001-5-1 	stockholder input 	M2 	95.00 	4 	16 	17,972.00 	10% 	4.50% 	straight-line 	3,504.80 	14,467.20 	no 	 
	Loadometer House 	2001-5-1 	stockholder input 	  	  	4 	16 	69,715.00 	10% 	4.50% 	straight-line 	13,594.36 	56,120.64 	no 	 
	Product Lot 	2001-5-1 	stockholder input 	  	  	4 	16 	190,846.00 	10% 	4.50% 	straight-line 	37,214.84 	153,631.16 	no 	 
	Plant Brick Fence 	2001-7-9 	contract construction 	  	  	4 	16 	34,598.00 	10% 	4.50% 	straight-line 	5,189.60 	29,408.40 	no 	 
	Steel Web Fence 	2001-5-1 	contract construction 	  	  	4 	16 	84,000.00 	10% 	4.50% 	straight-line 	13,860.00 	70,140.00 	no 	 
	Plant Gate 	2002-1-23 	contract construction 	  	  	4 	16 	52,532.00 	10% 	4.50% 	straight-line 	8,471.00 	44,061.00 	no 	 
	Technics Porch 	2002-8-15 	contract construction 	  	  	3 	17 	100,954.45 	10% 	4.50% 	straight-line 	3,885.52 	97,068.93 	no 	 
	Rainwater Leting Pipeline 	2005-9-25 	contract construction 	  	  	  	20 	240,000.00 	10% 	4.50% 	straight-line 	2,700.00 	237,300.00 	no 	 
	Sewage Pool 	2005-12-31 	contract construction 	  	  	  	20 	502,357.00 	10% 	4.50% 	straight-line 	- 	502,357.00 	no 	 
	Film Biowing,Bag 	2001-12-31 	contract construction 	M2 	1,120.70 	4 	16 	1,083,275.56 	10% 	4.50% 	straight-line 	184,989.52 	898,286.04 	no 	 
	Needle Workshop 	2001-12-31 	contract construction 	M2 	1,120.70 	4 	16 	900,121.00 	10% 	4.50% 	straight-line 	156,021.70 	744,099.30 	no 	 
	Storehouse 	2001-12-31 	contract construction 	M2 	1,120.70 	4 	16 	900,121.00 	10% 	4.50% 	straight-line 	156,021.70 	744,099.30 	no 	 
	Drawbench Workshop 	2001-12-31 	contract construction 	M2 	1,120.70 	4 	16 	1,045,154.69 	10% 	4.50% 	straight-line 	178,127.84 	867,026.85 	no 	 
	Spin Workshop 	2001-12-31 	contract construction 	M2 	1,120.70 	4 	16 	981,460.56 	10% 	4.50% 	straight-line 	170,662.98 	810,797.58 	no 	 
	Spin Workshop 	2001-12-31 	contract construction 	M2 	1,120.70 	4 	16 	981,460.56 	10% 	4.50% 	straight-line 	165,879.10 	815,581.46 	no 	 
	Product Storeroom 	2001-12-31 	contract construction 	M2 	1,120.70 	4 	16 	889,771.00 	10% 	4.50% 	straight-line 	160,158.76 	729,612.24 	no 	 
	Semi-Product Storeroom 	2001-12-31 	contract construction 	M2 	1,120.70 	4 	16 	883,571.26 	10% 	4.50% 	straight-line 	149,225.99 	734,345.27 	no 	 
	Employee Dormitory 	2001-12-31 	contract construction 	M2 	  	4 	16 	741,765.00 	10% 	4.50% 	straight-line 	133,517.74 	608,247.26 	no 	 
	Mess Hall,Office,Bathroom 	2001-12-31 	contract construction 	M2 	  	4 	16 	501,071.00 	10% 	4.50% 	straight-line 	90,192.88 	410,878.12 	no 	 
	Guardhouse 	2001-12-31 	contract construction 	M2 	  	4 	16 	29,064.00 	10% 	4.50% 	straight-line 	5,231.52 	23,832.48 	no 	 
	Repair Workshop 	2001-12-31 	contract construction 	M2 	418.00 	4 	16 	238,282.00 	10% 	4.50% 	straight-line 	42,890.82 	195,391.18 	no 	 
	Air Press Station 	2001-12-31 	contract construction 	M2 	141.00 	4 	16 	112,910.00 	10% 	4.50% 	straight-line 	20,323.74 	92,586.26 	no 	 
	Fire Control Pool 	2001-12-31 	contract construction 	M2 	  	4 	16 	201,666.00 	10% 	4.50% 	straight-line 	36,299.94 	165,366.06 	no 	 
	Transformer Substation 	2001-12-31 	contract construction 	M2 	97.00 	4 	16 	489,902.00 	10% 	4.50% 	straight-line 	55,395.12 	434,506.88 	no 	 
	Fence 	2001-12-31 	contract construction 	M2 	  	4 	16 	213,537.04 	10% 	4.50% 	straight-line 	38,436.58 	175,100.46 	no 	 
	Road 	2001-12-31 	contract construction 	M2 	  	4 	16 	467,209.76 	10% 	4.50% 	straight-line 	74,097.84 	393,111.92 	no 	 
	On Duty Room ,Shed 	2001-12-31 	contract construction 	M2 	  	4 	16 	102,658.00 	10% 	4.50% 	straight-line 	18,478.50 	84,179.50 	no 	 
	Office Biulding 	2005-4-1 	lease 	set 	  	0.9 	2.1 	  	  	  	  	  	 Y 15000 / year 
	Ground 	2000-4-1 	lease 	M2 	146.00 	5.9 	14.1 	  	  	  	  	  	  		Y4 /m2  
	Total 	  	  	  	  	  	  	23,333,618.88 	  	  	  	4,201,749.79 	19,131,869.09 	  	 

-53- 

Schedule(4b)

XINJIANG TIANREN CHEMICAL CO.,LTD.
PROPERTY LIST - 2005

	

Assets 	
Acquisition 
date 	

Acquisition mode  	
Measure 
units 	

Real amount 	
Used years 	Surplus working years 

	

Initial value 
	Residual  
ratio
 	

Depreciative rate 	

Depreciation method 	

Accumulated depreciation
	

Net value 	
Guarantee 
of credit  	Remark 
	Employee Dormitory 	2003.11 	buying in 	set 	6 	2 	18 	225,232.12 	5% 	0.39583% 	straight-line 	22281.8 	202,950.32 	no 	 
	Official House 	2004.02 	self-constructed 	set 	1 	2 	18 	586,090.64 	5% 	0.39583% 	straight-line 	51038.68 	535,051.96 	no 	 
	Plant Fence 	2004.12 	self-constructed 	  	1 	1 	19 	83,515.00 	5% 	0.39583% 	straight-line 	3966.96 	79,548.04 	no 	 
	Roadway Around Plant 	2004.12 	self-constructed 	  	1 	1 	19 	127,261.60 	5% 	0.39583% 	straight-line 	6044.88 	121,216.72 	no 	 
	Roadway In Plant 	2004.12 	self-constructed 	  	1 	1 	19 	281,529.50 	5% 	0.39583% 	straight-line 	13372.68 	268,156.82 	no 	 
	Park In Plant 	2004.12 	self-constructed 	  	1 	1 	19 	208,443.30 	5% 	0.39583% 	straight-line 	9901.08 	198,542.22 	no 	 
	Project Front Plant 	2004.12 	self-constructed 	  	1 	1 	19 	153,463.69 	5% 	0.39583% 	straight-line 	7289.52 	146,174.17 	no 	 
	Add Sporadic Project 	2004.12 	self-constructed 	  	1 	1 	19 	152,497.93 	5% 	0.39583% 	straight-line 	7243.68 	145,254.25 	no 	 
	Gatehouse,Loadometer House 	2004.12 	self-constructed 	  	1 	1 	19 	27,030.00 	5% 	0.39583% 	straight-line 	1283.88 	25,746.12 	no 	 
	Storeroom 	2004.12 	self-constructed 	  	1 	1 	19 	98,190.38 	5% 	0.39583% 	straight-line 	4664.04 	93,526.34 	no 	 
	1#Material Lot 	2004.12 	self-constructed 	  	1 	1 	19 	113,610.00 	5% 	0.39583% 	straight-line 	5396.49 	108,213.51 	no 	 
	Product Lot 	2004.12 	self-constructed 	  	1 	1 	19 	348,072.96 	5% 	0.39583% 	straight-line 	16533.48 	331,539.48 	no 	 
	2#Material Lot 	2005.09 	self-constructed 	  	1 	0.25 	19.75 	386,750.00 	5% 	0.39583% 	straight-line 	4592.67 	382,157.33 	no 	 
	3#Material Lot 	2005.12 	self-constructed 	  	1 	  	20 	386,750.00 	5% 	0.39583% 	straight-line 	0 	386,750.00 	no 	 
	Storeroom Road 	2005.10 	self-constructed 	  	1 	  	20 	25,249.00 	5% 	0.39583% 	straight-line 	199.86 	25,049.14 	no 	 
	Lot Northeast Road 	2005.12 	self-constructed 	  	1 	  	20 	69,030.00 	5% 	0.39583% 	straight-line 	0 	69,030.00 	no 	 
	Prevent Flood Dyke 	2004.12 	self-constructed 	  	1 	1 	19 	21,000.00 	5% 	0.39583% 	straight-line 	997.56 	20,002.44 	no 	 
	Produce Workshop 	2004.02 	self-constructed 	  	1 	2 	18 	3,700,470.82 	5% 	0.39583% 	straight-line 	322249.4 	3,378,221.42 	no 	 
	Overfall Pool 	2005.11 	self-constructed 	  	1 	  	20 	2,700.00 	5% 	0.39583% 	straight-line 	10.68 	2,689.32 	no 	 
	Lease Ground 	2003.7.1 	lease 	m2 	33350 	2.5 	27.5 	month rent å46700 	  	  	  	  	  	  	 
	Lease House 	2004.7.1 	lease 	set 	3 	1.5 	4 	month rentå1250 	  	  	  	  	42m2 one 28m2one
      14m2 one 
	Total 	  	  	  	  	  	  	6,996,886.94 	  	  	  	477,067.34 	6,519,819.60 	  	 

-54- 

Schedule(4c)

HEBEI TIANREN AGRICULTURAL FRANCHISE CO.,LTD.
PROPERTY LIST -
2005

	

Assets 	
Acquisition
date 	

Acquisition 
mode 	
Measure 
units 	
Real 
amount 	Used
years 	
Surplus 
working 
years
       
	  Initial 
value 	
Residual
ratio  	 Depreciative
rate 	 Depreciation
method 	 Accumulated
depreciation 	

Net 
value 	 Guarantee
of credit 	 Remark 
	Office biulding
	2005-1-1 	lease
    	set
    	1 	 
    	 
    	 	 
    	 	 	 	Y 100000 / year 

-55- 

Schedule(4d) 

YICHANG TIANLONG INDUSTRY CO.,LTD. PROPERTY LIST - 2005

	

Assets 	
Acquisition
date 	

Acquisition 
mode 	
Measure 
units 	
Real 
amount 	Used
years 	
Surplus 
working 
years
       
	  Initial 
value 	
Residual
ratio  	 Depreciative
rate 	 Depreciation
method 	 Accumulated
depreciation 	

Net 
value 	 Guarantee
of credit 	 Remark 
	Office biulding
	2005-1-1 	lease
    	set
    	1 	 
    	 
    	 	 
    	 	 	 	Y30000 / year 

-56- 

SCHEDULE (5) 

“RESALE RESTRICTIONS” 

The Spur Shares will be subject to the following resale
restrictions:

	1. 	
      they will be held in escrow for a 24 month period
      commencing on the Final Agreement Date;

	 	 
	2. 	
      all restrictions that may be required by applicable
      Canadian securities legislation;

	 	 
	3. 	
      all restrictions that may be required by the Exchange;
      and

	 	 
	4. 	
      all restrictions on the resale of Spur shares that may be
      imposed on major shareholders and directors and officers of Spur as a
      condition in any future financing.

In addition, the holders of the Spur Shares will not be
entitled to cast, at any meeting of the shareholders of Spur, votes representing
more than 19.9% of the eligible votes of Spur based upon the issued and
outstanding common shares of Spur outstanding at the time of the vote. For
greater clarity, as the issued capital of Spur increases, additional Spur Shares
will be released from these voting restrictions so that the number of Spur
Shares eligible to vote at any one time does not exceed 19.9% . 

- 57 -

SCHEDULE (6) 

“LIST OF SPUR MATERIAL CONTRACTS” 

	Contract 	 	Party 	 	 	Amount in RMB 	 	 	Amount in CAD 	 	 	Notes 	 
	  	 	  	 	 	  	 	 	  	 	 	The capital contribution 	 
		 		 	 	  	 	 	  	 	 	has be be made within 	 
	YMC Joint Venture 	 	Yichang Phosphorus  
    	 	 	1,025,658,900 	 	$	 146,522,700 	 	 	72 months of YMC JV 	 
	contract 	 	Chemical Industrial Corp
      Ltd 	 	 	  	 	 	  	 	 	establishment of Nov. 	 
	  	 	  	 	 	  	 	 	  	 	 	2003 	 
		 		 	 	  	 	 	  	 	 		 
	YMC Engineering Study 	 	Nanjing Chemical 	 	 	3,300,000 	 	$	 471,429 	 	 	For NPK facilities 	 
	for NPK expansion 	 	Engineering Institute
	 	 	  	 	 	  	 	 	expansion 	 
		 	  	 	 	  	 	 	  	 	 		 
	Sarbanes Oxley  
    	 	Grant Thornton 	 	 	  	 	$	 181,000 	 	 	Company governance  
    	 
	Implementation 	 	  	 	 	  	 	 	  	 	 	compliance 	 

-58- 

Schedule(7a)

QINHUANGDAO TIANDING CHEMICAL CO.,LTD.
2005-12-31 COMPANY'S
EQUIPMENT 

	
Assets 
	Acquisition
date 	Acquisition
mode 	Measure 
units 	
Real
amount  
	

Used 
years
       
	

Surplus 
working 	
Initial value 
	Residual 
ratio 	
Depreciative 
rate 	

Depreciation method 	

Accumulated depreciation 	
Net value 
	Guarantee  
of credit 	 Remark
	Pipeline 	2001-5-1 	stockholder 	m 	1498 	4 	6 	1,319,618.60 	10% 	9% 	straight-line 	635,091.63 	684,526.97 	   no 	 
	Lump Crusher With 	2001-5-1 	stockholder 	set 	2 	4 	6 	42,075.00 	10% 	9% 	straight-line 	23,982.75 	18,092.25 	   no 	 
	Granulator 	2001-5-1 	stockholder 	set 	1 	4 	6 	246,670.00 	10% 	9% 	straight-line 	96,201.56 	150,468.44 	   no 	 
	1# Dryer 	2001-5-1 	stockholder 	set 	1 	4 	6 	541,025.00 	10% 	9% 	straight-line 	210,999.88 	330,025.12 	   no 	 
	1# Vibrating Screen 	2001-5-1 	stockholder 	set 	1 	4 	6 	52,530.00 	10% 	9% 	straight-line 	20,486.96 	32,043.04 	   no 	 
	2# Dryer 	2001-5-1 	stockholder 	set 	1 	4 	6 	358,020.00 	10% 	9% 	straight-line 	139,627.80 	218,392.20 	   no 	 
	Cooling Drum 	2001-5-1 	stockholder 	set 	1 	4 	6 	202,725.00 	10% 	9% 	straight-line 	79,062.88 	123,662.12 	   no 	 
	2# Vibrating Screen 	2001-5-1 	stockholder 	set 	1 	4 	6 	52,530.00 	10% 	9% 	straight-line 	20,486.96 	32,043.04 	   no 	 
	Lump Breaker 	2001-5-1 	stockholder 	set 	1 	4 	6 	31,875.00 	10% 	9% 	straight-line 	12,431.12 	19,443.88 	   no 	 
	3# Vibrating Screen 	2001-5-1 	stockholder 	set 	1 	4 	6 	52,530.00 	10% 	9% 	straight-line 	20,486.96 	32,043.04 	   no 	 
	Coating Drum 	2001-5-1 	stockholder 	set 	1 	4 	6 	102,000.00 	10% 	9% 	straight-line 	39,780.00 	62,220.00 	   no 	 
	Air Compressor 	2001-5-1 	stockholder 	set 	1 	4 	6 	4,320.00 	10% 	9% 	straight-line 	1,684.80 	2,635.20 	   no 	 
	Centrifugalfan 	2001-5-1 	stockholder 	set 	1 	4 	6 	9,350.00 	10% 	9% 	straight-line 	3,646.76 	5,703.24 	   no 	 
	Centrifugalfan 	2001-5-1 	stockholder 	set 	1 	4 	6 	15,215.00 	10% 	9% 	straight-line 	5,933.72 	9,281.28 	   no 	 
	Centrifugalfan 	2001-5-1 	stockholder 	set 	1 	4 	6 	33,575.00 	10% 	9% 	straight-line 	13,094.12 	20,480.88 	   no 	 
	Centrifugalfan 	2001-5-1 	stockholder 	set 	1 	4 	6 	9,350.00 	10% 	9% 	straight-line 	3,646.76 	5,703.24 	   no 	 
	Centrifugalfan 	2001-5-1 	stockholder 	set 	1 	4 	6 	14,025.00 	10% 	9% 	straight-line 	5,469.88 	8,555.12 	   no 	 
	Centrifugalfan 	2001-5-1 	stockholder 	set 	1 	4 	6 	28,475.00 	10% 	9% 	straight-line 	11,105.12 	17,369.88 	   no 	 
	Centrifugalfan 	2001-5-1 	stockholder 	set 	1 	4 	6 	9,350.00 	10% 	9% 	straight-line 	3,646.76 	5,703.24 	   no 	 
	1# Combustion Chamber 	2001-5-1 	stockholder 	set 	1 	4 	6 	190,315.00 	10% 	9% 	straight-line 	74,222.72 	116,092.28 	   no 	 
	2# Combustion Chamber 	2001-5-1 	stockholder 	set 	1 	4 	6 	170,425.00 	10% 	9% 	straight-line 	66,465.88 	103,959.12 	   no 	 
	Bucket Elevator 	2001-5-1 	stockholder 	set 	2 	4 	6 	122,230.00 	10% 	9% 	straight-line 	68,279.50 	53,950.50 	   no 	 
	Bucket Elevator 	2001-5-1 	stockholder 	set 	4 	4 	6 	450,500.00 	10% 	9% 	straight-line 	175,695.00 	274,805.00 	   no 	 
	Bucket Elevator 	2001-5-1 	stockholder 	set 	3 	4 	6 	189,455.35 	10% 	9% 	straight-line 	73,887.84 	115,567.51 	   no 	 
	Belt Conveyer 	2001-5-1 	stockholder 	set 	1 	4 	6 	67,946.25 	10% 	9% 	straight-line 	26,499.20 	41,447.05 	   no 	 
	Belt Conveyer 	2001-5-1 	stockholder 	set 	1 	4 	6 	47,508.25 	10% 	9% 	straight-line 	18,528.12 	28,980.13 	   no 	 
	Belt Conveyer 	2001-5-1 	stockholder 	set 	1 	4 	6 	33,859.50 	10% 	9% 	straight-line 	13,205.40 	20,654.10 	   no 	 
	Belt Conveyer 	2001-5-1 	stockholder 	set 	1 	4 	6 	26,151.40 	10% 	9% 	straight-line 	10,199.28 	15,952.12 	   no 	 
	Belt Conveyer 	2001-5-1 	stockholder 	set 	1 	4 	6 	53,988.75 	10% 	9% 	straight-line 	21,055.84 	32,932.91 	   no 	 
	Belt Conveyer 	2001-5-1 	stockholder 	set 	2 	4 	6 	71,958.00 	10% 	9% 	straight-line 	28,063.88 	43,894.12 	   no 	 
	Belt Conveyer 	2001-5-1 	stockholder 	set 	1 	4 	6 	70,975.00 	10% 	9% 	straight-line 	27,680.12 	43,294.88 	   no 	 
	Belt Conveyer 	2001-5-1 	stockholder 	set 	2 	4 	6 	113,050.00 	10% 	9% 	straight-line 	47,469.87 	65,580.13 	   no 	 
	Belt Conveyer 	2001-5-1 	stockholder 	set 	1 	4 	6 	47,344.35 	10% 	9% 	straight-line 	18,464.16 	28,880.19 	   no 	 
	Double Tooth-Rolls 	2001-5-1 	stockholder 	set 	1 	4 	6 	56,169.50 	10% 	9% 	straight-line 	21,906.04 	34,263.46 	   no 	 
	Coating Oil Metering 	2001-5-1 	stockholder 	set 	2 	4 	6 	15,674.25 	10% 	9% 	straight-line 	6,113.12 	9,561.13 	   no 	 
	Molten A.N Or Urea 	2001-5-1 	stockholder 	set 	2 	4 	6 	46,290.80 	10% 	9% 	straight-line 	18,053.36 	28,237.44 	   no 	 
	Centrifugal Pump 	2001-5-1 	stockholder 	set 	2 	4 	6 	24,842.00 	10% 	9% 	straight-line 	9,688.64 	15,153.36 	   no 	 
	Centrifugal Pump 	2001-5-1 	stockholder 	set 	3 	4 	6 	45,970.90 	10% 	9% 	straight-line 	17,928.56 	28,042.34 	   no 	 
	Screw Pump 	2001-5-1 	stockholder 	set 	4 	4 	6 	10,032.00 	10% 	9% 	straight-line 	3,912.48 	6,119.52 	   no 	 
	Melting Tank Agitator 	2001-5-1 	stockholder 	set 	2 	4 	6 	140,661.62 	10% 	9% 	straight-line 	67,517.44 	73,144.18 	   no 	 
	Mixing Tank Oil And 	2001-5-1 	stockholder 	set 	4 	4 	6 	48,376.50 	10% 	9% 	straight-line 	18,866.64 	29,509.86 	   no 	 
	Raw Material Hopper 	2001-5-1 	stockholder 	set 	8 	4 	6 	106,535.50 	10% 	9% 	straight-line 	41,549.04 	64,986.46 	   no 	 
	Venturi 	2001-5-1 	stockholder 	set 	2 	4 	6 	60,758.35 	10% 	9% 	straight-line 	23,695.88 	37,062.47 	   no 	 
	Boiler Stack 	2001-5-1 	stockholder 	set 	1 	4 	6 	70,548.25 	10% 	9% 	straight-line 	27,513.72 	43,034.53 	   no 	 
	Boiler Stack 	2001-5-1 	stockholder 	set 	1 	4 	6 	156,688.75 	10% 	9% 	straight-line 	61,108.84 	95,579.91 	   no 	 
	Hopper Deduster 	2001-5-1 	stockholder 	set 	9 	4 	6 	62,529.25 	10% 	9% 	straight-line 	24,386.44 	38,142.81 	   no 	 
	Middle Oil Tank 	2001-5-1 	stockholder 	set 	1 	4 	6 	10,186.60 	10% 	9% 	straight-line 	7,007.80 	3,178.80 	   no 	 
	Heat Exchanger 	2001-5-1 	stockholder 	set 	1 	4 	6 	20,017.75 	10% 	9% 	straight-line 	7,806.76 	12,210.99 	   no 	 
	Fire Pump 	2001-5-1 	stockholder 	set 	4 	4 	6 	9,434.50 	10% 	9% 	straight-line 	3,679.52 	5,754.98 	   no 	 
	Double Tooth-Rolls 	2001-5-1 	stockholder 	set 	1 	4 	6 	56,169.50 	10% 	9% 	straight-line 	21,906.04 	34,263.46 	   no 	 
	Oil Tank 	2001-5-1 	stockholder 	set 	2 	4 	6 	124,214.25 	10% 	9% 	straight-line 	48,443.72 	75,770.53 	   no 	 
	Screw Pump 	2001-5-1 	stockholder 	set 	2 	4 	6 	21,310.00 	10% 	9% 	straight-line 	8,311.16 	12,998.84 	   no 	 
	Screw Pump 	2001-5-1 	stockholder 	set 	4 	4 	6 	18,760.00 	10% 	9% 	straight-line 	7,316.40 	11,443.60 	   no 	 

-59- 

	Electric Hand Drill 	2001-5-1 	stockholder 	set 	2 4 	6 	5,443.65 	10% 	9% 	straight-line 	2,123.16 	3,320.49 	no 	 
	Filter 	2001-5-1 	stockholder 	set 	1 4 	6 	3,250.00 	10% 	9% 	straight-line 	1,267.76 	1,982.24 	no 	 
	Liquefier Nozzler 	2001-5-1 	stockholder 	set 	1 4 	6 	3,900.00 	10% 	9% 	straight-line 	1,521.00 	2,379.00 	no 	 
	Sampling System 	2001-5-1 	stockholder 	set 	1 4 	6 	4,875.00 	10% 	9% 	straight-line 	1,901.12 	2,973.88 	no 	 
	Meter Emulator 	2001-5-1 	stockholder 	set 	2 4 	6 	3,739.00 	10% 	9% 	straight-line 	1,458.08 	2,280.92 	no 	 
	Welder 	2001-5-1 	stockholder 	set 	2 4 	6 	16,425.00 	10% 	9% 	straight-line 	6,405.88 	10,019.12 	no 	 
	Magnetic Separator 	2001-5-1 	stockholder 	set 	3 4 	6 	74,793.75 	10% 	9% 	straight-line 	29,169.40 	45,624.35 	no 	 
	Low Voltage Bus With 	2001-5-1 	stockholder 	m 	8 4 	6 	26,075.00 	10% 	9% 	straight-line 	10,169.12 	15,905.88 	no 	 
	Electric Power 	2001-5-1 	stockholder 	set 	1 4 	6 	90,812.50 	10% 	9% 	straight-line 	35,416.68 	55,395.82 	no 	 
	High Voltage Switch 	2001-5-1 	stockholder 	set 	4 4 	6 	143,991.25 	10% 	9% 	straight-line 	56,156.36 	87,834.89 	no 	 
	Low Voltage 	2001-5-1 	stockholder 	set 	22 4 	6 	399,750.00 	10% 	9% 	straight-line 	155,902.76 	243,847.24 	no 	 
	Electric Heater 	2001-5-1 	stockholder 	set 	2 4 	6 	4,712.50 	10% 	9% 	straight-line 	1,837.68 	2,874.82 	no 	 
	Electric Regulating 	2001-5-1 	stockholder 	set 	11 4 	6 	101,859.25 	10% 	9% 	straight-line 	39,724.88 	62,134.37 	no 	 
	Belt Weighfeeder 	2001-5-1 	stockholder 	set 	6 4 	6 	366,946.50 	10% 	9% 	straight-line 	143,109.20 	223,837.30 	no 	 
	Electronic Packaging 	2001-5-1 	stockholder 	set 	1 4 	6 	190,650.00 	10% 	9% 	straight-line 	74,353.76 	116,296.24 	no 	 
	Multi-Loop Controller 	2001-5-1 	stockholder 	set 	2 4 	6 	19,825.00 	10% 	9% 	straight-line 	7,731.88 	12,093.12 	no 	 
	Electronic Platform 	2001-5-1 	stockholder 	set 	1 4 	6 	158,665.20 	10% 	9% 	straight-line 	61,879.48 	96,785.72 	no 	 
	Electric Drive Drum 	2001-5-1 	stockholder 	set 	1 4 	6 	9,775.00 	10% 	9% 	straight-line 	3,812.12 	5,962.88 	no 	 
	Electric Drive Drum 	2001-5-1 	stockholder 	set 	1 4 	6 	9,775.00 	10% 	9% 	straight-line 	3,812.12 	5,962.88 	no 	 
	Electric Drive Drum 	2001-5-1 	stockholder 	set 	1 4 	6 	9,449.50 	10% 	9% 	straight-line 	3,685.24 	5,764.26 	no 	 
	Electric Drive Drum 	2001-5-1 	stockholder 	set 	1 4 	6 	9,775.00 	10% 	9% 	straight-line 	3,812.12 	5,962.88 	no 	 
	Speed Reducer 	2001-5-1 	stockholder 	set 	1 4 	6 	6,375.00 	10% 	9% 	straight-line 	2,486.12 	3,888.88 	no 	 
	Speed Reducer 	2001-5-1 	stockholder 	set 	1 4 	6 	6,375.00 	10% 	9% 	straight-line 	2,486.12 	3,888.88 	no 	 
	Speed Reducer 	2001-5-1 	stockholder 	set 	1 4 	6 	31,875.00 	10% 	9% 	straight-line 	12,431.12 	19,443.88 	no 	 
	Speed Reducer 	2001-5-1 	stockholder 	set 	1 4 	6 	11,200.00 	10% 	9% 	straight-line 	4,368.00 	6,832.00 	no 	 
	Speed Reducer 	2001-5-1 	stockholder 	set 	1 4 	6 	10,200.00 	10% 	9% 	straight-line 	3,978.00 	6,222.00 	no 	 
	Frp Fan 	2001-5-1 	stockholder 	set 	1 4 	6 	13,755.00 	10% 	9% 	straight-line 	6,458.60 	7,296.40 	no 	 
	Raw Material Hopper 	2001-5-1 	stockholder 	set 	1 4 	6 	13,450.50 	10% 	9% 	straight-line 	5,245.76 	8,204.74 	no 	 
	Raw Material Hopper 	2001-5-1 	stockholder 	set 	1 4 	6 	13,469.25 	10% 	9% 	straight-line 	5,253.04 	8,216.21 	no 	 
	Urea Melting Tank 	2001-7-30 	buying in 	set 	1 4 	6 	152,000.00 	10% 	9% 	straight-line 	66,739.65 	85,260.35 	no 	 
	Sewing Machine 	2001-7-31 	buying in 	set 	1 4 	6 	57,000.00 	10% 	9% 	straight-line 	20,947.50 	36,052.50 	no 	 
	Heming Machine 	2001-7-31 	buying in 	set 	1 4 	6 	54,000.00 	10% 	9% 	straight-line 	19,845.00 	34,155.00 	no 	 
	Chain Conveyor 	2001-7-31 	buying in 	set 	1 4 	6 	28,000.00 	10% 	9% 	straight-line 	10,290.00 	17,710.00 	no 	 
	Power Distributing 	2001-12- 	buying in 	set 	1 4 	6 	7,288.27 	10% 	9% 	straight-line 	2,405.04 	4,883.23 	no 	 
	Boiler 	2001-5-1 	stockholder 	set 	1 4 	6 	208,815.00 	10% 	9% 	straight-line 	51,578.05 	157,236.95 	no 	 
	Electronic Belt Scale 	2001-5-1 	stockholder 	set 	1 4 	6 	100,000.00 	10% 	9% 	straight-line 	32,250.00 	67,750.00 	no 	 
	Agitator 	2001-5-1 	stockholder 	set 	1 4 	6 	15,350.00 	10% 	9% 	straight-line 	3,914.42 	11,435.58 	no 	 
	Air Compressor 	2001-5-1 	stockholder 	set 	1 4 	6 	110,000.00 	10% 	9% 	straight-line 	28,050.00 	81,950.00 	no 	 
	Heming Machine 	2001-5-1 	stockholder 	set 	1 4 	6 	5,000.00 	10% 	9% 	straight-line 	1,275.00 	3,725.00 	no 	 
	Bag Filter 	2004-1-2 	buying in 	set 	1 2 	8 	277,553.00 	10% 	9% 	straight-line 	47,877.89 	229,675.11 	no 	 
	Speed Reducer 	2004-5-25 	buying in 	set 	1 1 	9 	3,860.00 	10% 	9% 	straight-line 	463.20 	3,396.80 	no 	 
	Dedusting Fan 	2004-6-25 	buying in 	set 	1 1 	9 	23,931.62 	10% 	9% 	straight-line 	3,150.00 	20,781.62 	no 	 
	Air Fun 	2004-6-25 	buying in 	set 	1 1 	9 	17,094.02 	10% 	9% 	straight-line 	2,250.00 	14,844.02 	no 	 
	Sump Pump 	2004-9-29 	buying in 	set 	1 1 	9 	32,307.69 	10% 	9% 	straight-line 	3,634.61 	28,673.08 	no 	 
	Scrubbing Liquor Pump 	2004-9-29 	buying in 	set 	1 1 	9 	30,854.70 	10% 	9% 	straight-line 	3,471.15 	27,383.55 	no 	 
	Ammonium Nitrate 	2004-10- 	buying in 	set 	1 1 	9 	22,930.77 	10% 	9% 	straight-line 	2,407.73 	20,523.04 	no 	 
	Filter Press 	2004-11- 	buying in 	set 	1 1 	9 	60,000.00 	10% 	9% 	straight-line 	4,950.00 	55,050.00 	no 	 
	Speed Reducer 	2004-12-7 	buying in 	set 	1 1 	9 	3,500.00 	10% 	9% 	straight-line 	315.00 	3,185.00 	no 	 
	Dust Catcher For 	2004-12- 	buying in 	set 	1 1 	9 	45,000.00 	10% 	9% 	straight-line 	4,050.00 	40,950.00 	no 	 
	Charge Machine 	2004-12- 	buying in 	set 	1 1 	9 	4,250.00 	10% 	9% 	straight-line 	382.50 	3,867.50 	no 	 
	Screw Pump 	2005-1-24 	buying in 	set 	1 1 	9 	18,800.00 	10% 	9% 	straight-line 	1,551.00 	17,249.00 	no 	 
	Self Sucking Pump 	2005-5-12 	buying in 	set 	1 	10 	9,800.00 	10% 	9% 	straight-line 	514.50 	9,285.50 	no 	 
	Dust Catcher Platform 	2005-6-17 	buying in 	set 	1 	10 	163,973.00 	10% 	9% 	straight-line 	7,378.79 	156,594.21 	no 	 
	7/8# Electronic Belt Scale 	2005-6-17 	buying in 	set 	1 	10 	175,231.52 	10% 	9% 	straight-line 	7,885.42 	167,346.10 	no 	 
	Granulator Pipe Reactor 	2005-6-17 	buying in 	set 	2 	10 	394,140.09 	10% 	9% 	straight-line 	17,736.30 	376,403.79 	no 	 
	Self Sucking Pump 	2005-7-4 	buying in 	set 	1 	10 	9,800.00 	10% 	9% 	straight-line 	367.50 	9,432.50 	no 	 
	Front End Loader 	2001-5-1 	stockholder 	set 	2 4 	6 	403,997.00 	10% 	9% 	straight-line 	333,297.80 	70,699.20 	no 	 
	Fork Lift Truck 	2001-5-1 	stockholder 	set 	1 4 	6 	59,350.00 	10% 	9% 	straight-line 	48,963.74 	10,386.26 	no 	 
	Front End Loader 	2001-5-1 	stockholder 	set 	1 4 	6 	238,000.00 	10% 	9% 	straight-line 	160,650.00 	77,350.00 	no 	 
	Electronic Balance 	2001-5-1 	stockholder 	set 	1 4 	6 	4,202.75 	10% 	18% 	straight-line 	3,467.20 	735.55 	no 	 
	Electronic Balance 	2001-5-1 	stockholder 	set 	1 4 	6 	4,416.75 	10% 	18% 	straight-line 	3,643.75 	773.00 	no 	 
	Electronic Balance 	2001-5-1 	stockholder 	set 	1 4 	6 	6,523.10 	10% 	18% 	straight-line 	5,381.75 	1,141.35 	no 	 
	Photometer 	2001-5-1 	stockholder 	set 	1 4 	6 	2,450.00 	10% 	18% 	straight-line 	2,021.25 	428.75 	no 	 

 - 60 -

  	Interphone 	2001-5-1 	stockholder 	set 	7 4 	6 	11,212.35 	10% 	18% 	straight-line 	9,250.45 	1,961.90 	no 	 
	Computer 	2001-5-1 	stockholder 	set 	2 4 	6 	6,114.75 	10% 	18% 	straight-line 	5,044.60 	1,070.15 	no 	 
	Programable Phone 	2001-5-1 	stockholder 	set 	1 4 	6 	6,375.00 	10% 	18% 	straight-line 	5,259.65 	1,115.35 	no 	 
	Level Transmitter 	2001-5-1 	stockholder 	set 	1 4 	6 	4,387.50 	10% 	18% 	straight-line 	3,619.55 	767.95 	no 	 
	Level Transmitter 	2001-5-1 	stockholder 	set 	1 4 	6 	4,719.15 	10% 	18% 	straight-line 	3,893.45 	825.70 	no 	 
	Level Transmitter 	2001-5-1 	stockholder 	set 	3 4 	6 	13,151.25 	10% 	18% 	straight-line 	10,849.85 	2,301.40 	no 	 
	Pressure Transmitter 	2001-5-1 	stockholder 	set 	2 4 	6 	5,667.00 	10% 	18% 	straight-line 	4,675.55 	991.45 	no 	 
	Pressure Transmitter 	2001-5-1 	stockholder 	set 	2 4 	6 	9,713.60 	10% 	18% 	straight-line 	8,013.50 	1,700.10 	no 	 
	Pressure Transmitter 	2001-5-1 	stockholder 	set 	1 4 	6 	5,599.10 	10% 	18% 	straight-line 	4,619.45 	979.65 	no 	 
	Electro-Magnetic Flow 	2001-5-1 	stockholder 	set 	1 4 	6 	9,851.00 	10% 	18% 	straight-line 	8,127.35 	1,723.65 	no 	 
	Electro-Magnetic Flow 	2001-5-1 	stockholder 	set 	1 4 	6 	10,591.00 	10% 	18% 	straight-line 	8,737.85 	1,853.15 	no 	 
	Level Meter 	2001-5-1 	stockholder 	set 	1 4 	6 	2,822.50 	10% 	18% 	straight-line 	2,328.70 	493.80 	no 	 
	Level Meter 	2001-5-1 	stockholder 	set 	2 4 	6 	5,447.50 	10% 	18% 	straight-line 	4,494.05 	953.45 	no 	 
	Level Meter 	2001-5-1 	stockholder 	set 	4 4 	6 	10,892.50 	10% 	18% 	straight-line 	8,986.31 	1,906.19 	no 	 
	Electronic Belt 	2001-5-1 	stockholder 	set 	1 4 	6 	45,420.00 	10% 	18% 	straight-line 	39,480.16 	5,939.84 	no 	 
	Changhong Color Tv 	2001-5-1 	stockholder 	set 	1 4 	6 	1,742.25 	10% 	18% 	straight-line 	1,437.15 	305.10 	no 	 
	Minolta Copycat 	2001-5-1 	stockholder 	set 	1 4 	6 	8,884.90 	10% 	18% 	straight-line 	7,329.85 	1,555.05 	no 	 
	Check On Work 	2001-5-1 	stockholder 	set 	1 4 	6 	1,449.00 	10% 	18% 	straight-line 	1,195.70 	253.30 	no 	 
	Cabinet Air-Condition 	2001-5-1 	stockholder 	set 	3 4 	6 	20,986.35 	10% 	18% 	straight-line 	17,314.00 	3,672.35 	no 	 
	Computer 	2001-5-1 	stockholder 	set 	2 4 	6 	13,620.58 	10% 	18% 	straight-line 	11,237.05 	2,383.53 	no 	 
	Printer 	2001-5-1 	stockholder 	set 	1 4 	6 	3,004.25 	10% 	18% 	straight-line 	2,478.30 	525.95 	no 	 
	Fax 	2001-8-17 	buying in 	set 	1 4 	6 	2,480.00 	10% 	18% 	straight-line 	1,562.40 	917.60 	no 	 
	Computer 	2001-5-1 	stockholder 	set 	1 4 	6 	7,999.00 	10% 	18% 	straight-line 	4,439.63 	3,559.37 	no 	 
	Phone Exchanger 	2001-5-1 	stockholder 	set 	1 4 	6 	10,080.00 	10% 	18% 	straight-line 	5,594.40 	4,485.60 	no 	 
	Computer 	2001-5-1 	stockholder 	set 	1 4 	6 	7,300.00 	10% 	18% 	straight-line 	4,051.50 	3,248.50 	no 	 
	Rotated Plunger Flow 	2001-5-1 	stockholder 	set 	1 4 	6 	24,000.00 	10% 	18% 	straight-line 	13,320.00 	10,680.00 	no 	 
	Belt Weighfeeder 	2003-1-25 	buying in 	set 	2 3 	7 	46,000.00 	10% 	18% 	straight-line 	16,560.00 	29,440.00 	no 	 
	Belt Weighfeeder 	2003-1-25 	buying in 	set 	1 3 	7 	35,300.00 	10% 	18% 	straight-line 	12,708.00 	22,592.00 	no 	 
	Air-Condition 	2003-5-9 	buying in 	set 	2 3 	7 	17,300.00 	10% 	18% 	straight-line 	6,228.00 	11,072.00 	no 	 
	Belt Scale Controller 	2004-11-5 	buying in 	set 	4 1 	9 	42,735.04 	10% 	18% 	straight-line 	16,016.41 	26,718.63 	no 	 
	Eddy Flow Meter 	2004-12- 	buying in 	set 	1 1 	9 	18,300.00 	10% 	18% 	straight-line 	3,294.00 	15,006.00 	no 	 
	Computer 	2005-3-25 	buying in 	set 	2 1 	9 	9,700.00 	10% 	18% 	straight-line 	873.00 	8,827.00 	no 	 
	Printer 	2005-5-12 	buying in 	set 	1 	10 	2,850.00 	10% 	18% 	straight-line 	85.50 	2,764.50 	no 	 
	Computer 	2005-6-25 	buying in 	set 	1 	10 	13,250.00 	10% 	18% 	straight-line 	1,192.50 	12,057.50 	no 	 
	Computer 	2005-7-20 	buying in 	set 	2 	10 	10,000.00 	10% 	18% 	straight-line 	750.00 	9,250.00 	no 	 
	Computer 	2005-10- 	buying in 	set 	1 	10 	5,100.00 	10% 	18% 	straight-line 	153.00 	4,947.00 	no 	 
	Computer 	2005-11-7 	buying in 	set 	1 	10 	17,800.00 	10% 	18% 	straight-line 	267.00 	17,533.00 	no 	 
	Nitrogen Measure 	2001-5-1 	stockholder 	set 	2 4 	6 	6,075.00 	10% 	18% 	straight-line 	4,997.39 	1,077.61 	no 	 
	Granule Endure 	2001-5-1 	stockholder 	set 	1 4 	6 	1,203.75 	10% 	18% 	straight-line 	993.30 	210.45 	no 	 
	Viscidity Test Device 	2001-5-1 	stockholder 	set 	1 4 	6 	2,970.00 	10% 	18% 	straight-line 	2,450.25 	519.75 	no 	 
	Vacuum Dryer 	2001-5-1 	stockholder 	set 	1 4 	6 	3,028.85 	10% 	18% 	straight-line 	2,498.65 	530.20 	no 	 
	Air Dry Oven 	2001-5-1 	stockholder 	set 	1 4 	6 	5,681.25 	10% 	18% 	straight-line 	4,687.10 	994.15 	no 	 
	Center Control Panel 	2001-5-1 	stockholder 	set 	4 4 	6 	133,247.75 	10% 	18% 	straight-line 	111,660.98 	21,586.77 	no 	 
	Flux Cumulation Meter 	2001-5-1 	stockholder 	set 	2 4 	6 	4,362.00 	10% 	18% 	straight-line 	3,598.65 	763.35 	no 	 
	Eddy Flow Meter 	2001-5-1 	stockholder 	set 	1 4 	6 	3,755.30 	10% 	18% 	straight-line 	3,098.15 	657.15 	no 	 
	Eddy Flow Meter 	2001-5-1 	stockholder 	set 	1 4 	6 	5,892.25 	10% 	18% 	straight-line 	4,860.90 	1,031.35 	no 	 
	Eddy Flow Meter 	2001-5-1 	stockholder 	set 	1 4 	6 	4,958.50 	10% 	18% 	straight-line 	4,090.90 	867.60 	no 	 
	Eddy Flow Meter 	2001-5-1 	stockholder 	set 	1 4 	6 	3,419.30 	10% 	18% 	straight-line 	2,820.95 	598.35 	no 	 
	Boiler 	2001-6-29 	buying in 	set 	1 4 	6 	2,950.00 	10% 	18% 	straight-line 	1,947.00 	1,003.00 	no 	 
	4 Units Cupboard 	2001-6-29 	buying in 	set 	1 4 	6 	2,280.00 	10% 	18% 	straight-line 	1,504.80 	775.20 	no 	 
	Cooking Range 	2001-6-29 	buying in 	set 	1 4 	6 	2,600.00 	10% 	18% 	straight-line 	1,716.00 	884.00 	no 	 
	Icebox 	2004-7-9 	buying in 	set 	1 4 	6 	2,430.00 	10% 	18% 	straight-line 	619.65 	1,810.35 	no 	 
	Color Copycat 	2001-12- 	buying in 	set 	2 4 	6 	801,000.00 	10% 	9% 	straight-line 	288,360.00 	512,640.00 	no 	 
	Water Pump 	2001-12- 	buying in 	set 	2 4 	6 	10,000.00 	10% 	9% 	straight-line 	3,600.00 	6,400.00 	no 	 
	Bag Making Machine 	2001-12- 	buying in 	set 	2 4 	6 	70,000.00 	10% 	9% 	straight-line 	25,200.00 	44,800.00 	no 	 
	Dryer 	2001-12- 	buying in 	set 	2 4 	6 	8,000.00 	10% 	9% 	straight-line 	2,880.00 	5,120.00 	no 	 
	Cooling Tower 	2001-12- 	buying in 	set 	1 4 	6 	56,000.00 	10% 	9% 	straight-line 	20,160.00 	35,840.00 	no 	 
	Compressor 	2001-12- 	buying in 	set 	1 4 	6 	85,641.00 	10% 	9% 	straight-line 	30,830.82 	54,810.18 	no 	 
	Bag Cutting Machine 	2001-12- 	buying in 	set 	2 4 	6 	672,000.00 	10% 	9% 	straight-line 	241,920.00 	430,080.00 	no 	 
	Hydraulic Packer 	2001-12- 	buying in 	set 	2 4 	6 	24,000.00 	10% 	9% 	straight-line 	8,640.00 	15,360.00 	no 	 
	Mono Beam Crane In 	2001-12- 	buying in 	set 	2 4 	6 	74,540.00 	10% 	9% 	straight-line 	17,262.60 	57,277.40 	no 	 
	Label Machine 	2001-12- 	buying in 	set 	4 4 	6 	147,200.00 	10% 	9% 	straight-line 	52,992.00 	94,208.00 	no 	 
	Plastic Granulator 	2002-3-25 	buying in 	set 	1 3 	7 	26,200.00 	10% 	9% 	straight-line 	9,432.00 	16,768.00 	no 	 

 - 61 -

  	Plastic Crusher 	2002-3-25 	buying in 	set 	1 3 	7 	9,000.00 	10% 	9% 	straight-line 	3,240.00 	5,760.00 	no 	 
	Relief Printing Machine 	2002-11- 	buying in 	set 	1 3 	7 	22,000.00 	10% 	9% 	straight-line 	7,920.00 	14,080.00 	no 	 
	Plastic Extruding Coating 	2001-12- 	buying in 	set 	3 4 	6 	235,000.00 	10% 	9% 	straight-line 	84,600.00 	150,400.00 	no 	 
	Welder 	2001-10- 	buying in 	set 	1 4 	6 	2,300.00 	10% 	9% 	straight-line 	828.00 	1,472.00 	no 	 
	Drill Press 	2001-10- 	buying in 	set 	1 4 	6 	4,200.00 	10% 	9% 	straight-line 	1,512.00 	2,688.00 	no 	 
	Cloth Feeding Machine 	2001-12- 	buying in 	set 	1 4 	6 	5,060.00 	10% 	9% 	straight-line 	1,821.60 	3,238.40 	no 	 
	Electronic Platform 	2001-12- 	buying in 	set 	1 4 	6 	6,410.26 	10% 	9% 	straight-line 	2,307.76 	4,102.50 	no 	 
	Tape 	2002-3-25 	buying in 	set 	1 3 	7 	10,215.00 	10% 	9% 	straight-line 	3,677.34 	6,537.66 	no 	 
	Plastic Drawing Machine 	2002-12- 	buying in 	set 	3 3 	7 	1,684,505.79 	10% 	9% 	straight-line 	644,039.41 	1,040,466.38 	no 	 
	Circular Loom 	2002-12- 	buying in 	set 	64 3 	7 	1,015,090.24 	10% 	9% 	straight-line 	390,045.96 	625,044.28 	no 	 
	Plastic Granulator 	2004-6-25 	buying in 	set 	1 1 	9 	23,076.92 	10% 	9% 	straight-line 	3,788.66 	19,288.26 	no 	 
	Relief Printing Machine 	2004-6-25 	buying in 	set 	1 1 	9 	26,495.73 	10% 	9% 	straight-line 	4,349.94 	22,145.79 	no 	 
	Single Winder 	2004-6-25 	buying in 	set 	72 1 	9 	91,076.92 	10% 	9% 	straight-line 	14,952.56 	76,124.36 	no 	 
	Hydraulic Lift 	2004-9-15 	buying in 	set 	1 1 	9 	17,948.72 	10% 	9% 	straight-line 	2,474.24 	15,474.48 	no 	 
	Film Blower 	2005-9-8 	buying in 	set 	1 	10 	57,000.00 	10% 	9% 	straight-line 	1,282.50 	55,717.50 	no 	 
	Electronic Muti- 	2001-12- 	buying in 	set 	2 4 	6 	50,000.00 	10% 	18% 	straight-line 	37,500.00 	12,500.00 	no 	 
	Computer 	2001-10- 	buying in 	set 	3 4 	6 	17,700.00 	10% 	18% 	straight-line 	10,145.40 	7,554.60 	no 	 
	Printer 	2001-10- 	buying in 	set 	1 4 	6 	2,950.00 	10% 	18% 	straight-line 	1,725.75 	1,224.25 	no 	 
	Electric Transformer 	2001-12- 	buying in 	set 	1 4 	6 	38,500.00 	10% 	18% 	straight-line 	14,437.50 	24,062.50 	no 	 
	Electric Transformer 	2001-12- 	buying in 	set 	1 4 	6 	47,500.00 	10% 	18% 	straight-line 	17,812.50 	29,687.50 	no 	 
	Electric Transformer 	2001-12- 	buying in 	set 	1 4 	6 	61,538.46 	10% 	18% 	straight-line 	23,077.00 	38,461.46 	no 	 
	Low Voltage Switch 	2001-12- 	buying in 	set 	13 4 	6 	110,000.00 	10% 	18% 	straight-line 	41,250.00 	68,750.00 	no 	 
	High/Low Voltage 	2001-12- 	buying in 	set 	15 4 	6 	418,000.00 	10% 	18% 	straight-line 	156,750.00 	261,250.00 	no 	 
	Fax 	2002-1-22 	buying in 	set 	1 4 	6 	3,560.00 	10% 	18% 	straight-line 	2,718.90 	841.10 	no 	 
	Computer 	2003-9-25 	buying in 	set 	1 2 	8 	4,330.00 	10% 	18% 	straight-line 	1,603.05 	2,726.95 	no 	 
	Printer 	2003-9-25 	buying in 	set 	1 2 	8 	5,400.00 	10% 	18% 	straight-line 	2,025.00 	3,375.00 	no 	 
	Computer 	2004-3-19 	buying in 	set 	1 1 	9 	4,100.00 	10% 	18% 	straight-line 	1,312.20 	2,787.80 	no 	 
	Digital Camera 	2005-1-20 	buying in 	set 	1 1 	9 	3,060.00 	10% 	18% 	straight-line 	504.90 	2,555.10 	no 	 
	Computer 	2005-5-18 	buying in 	set 	2 	10 	10,500.00 	10% 	18% 	straight-line 	1,102.50 	9,397.50 	no 	 
	Can Unloading Wagon 	2004-9-15 	buying in 	set 	1 1 	9 	3,418.80 	10% 	18% 	straight-line 	942.56 	2,476.24 	no 	 
	Steam Box 	2001-10- 	buying in 	set 	1 4 	6 	2,500.00 	10% 	18% 	straight-line 	937.50 	1,562.50 	no 	 
	Street Lamp 	2003-12- 	buying in 	set 	22 2 	8 	32,560.00 	10% 	18% 	straight-line 	12,210.00 	20,350.00 	no 	 
	Solar Energy Heater 	2003-12- 	buying in 	m2 	50 2 	8 	77,000.00 	10% 	18% 	straight-line 	28,875.00 	48,125.00 	no 	 
	Boiler 	2001-10- 	buying in 	set 	1 4 	6 	2,628.00 	10% 	18% 	straight-line 	985.50 	1,642.50 	no 	 
	Meat Chopper 	2001-10- 	buying in 	set 	1 4 	6 	2,800.00 	10% 	18% 	straight-line 	1,050.00 	1,750.00 	no 	 
	6 Units Icebox 	2001-10- 	buying in 	set 	1 4 	6 	10,500.00 	10% 	18% 	straight-line 	3,937.50 	6,562.50 	no 	 
	4 Units Icebox 	2001-10- 	buying in 	set 	1 4 	6 	8,000.00 	10% 	18% 	straight-line 	3,000.00 	5,000.00 	no 	 
	Multifunction Kitchen 	2001-10- 	buying in 	set 	2 4 	6 	5,850.00 	10% 	18% 	straight-line 	2,193.75 	3,656.25 	no 	 
	Multifunction Shredder 	2001-10- 	buying in 	set 	1 4 	6 	3,582.00 	10% 	18% 	straight-line 	1,343.25 	2,238.75 	no 	 
	Worktable 	2001-10- 	buying in 	set 	1 4 	6 	2,850.00 	10% 	18% 	straight-line 	1,068.75 	1,781.25 	no 	 
	  	  	  	  	  	  	17,166,230.21 	  	  	  	6,697,995.56 	10,468,234.65 	  	 

-62- 

Schedule (7b) 

XINJIANG TIANREN CHEMICAL CO.,LTD.

  2005-12-31 COMPANY'S EQUIPMENT 

  	

        Assets 
	Acquisition 

        

        date 	

        Acquisition

        mode 	

        

        Measure 

        units 	Real

        amount  	

        Used years 
	Surplus 

        working years 	

        Initial value 
	Residual 

        ratio 	

        

        Depreciative 

        rat	

        

        Depreciation method 	

        

        Accumulated depreciation 	

        Net value 
	Guarantee of 

        credit 	 Remark 

	Notebook Pc 	2003.08 	   buying in 	set 	1 	2 	3 	11,800.00 	5% 	1.58333% 	straight-line 	5,231.24 	6,568.76 	       no 	 
	Notebook Pc 	2004.08 	   buying in 	set 	1 	1 	4 	11,910.00 	5% 	1.58333% 	straight-line 	3,017.28 	8,892.72 	       no 	 
	Notebook Pc 	2004.12 	   buying in 	set 	1 	1 	4 	12,250.00 	5% 	1.58333% 	straight-line 	2,327.52 	9,922.48 	       no 	 
	Fax 	2003.07 	   buying in 	set 	1 	2.5 	2.5 	1,750.00 	5% 	1.58333% 	straight-line 	803.58 	946.42 	       no 	 
	Computer 	2003.12 	   buying in 	set 	1 	2 	3 	5,450.00 	5% 	1.58333% 	straight-line 	2,070.95 	3,379.05 	       no 	 
	Copycat 	2003.07 	   buying in 	set 	1 	2.5 	2.5 	9,300.00 	5% 	1.58333% 	straight-line 	4,270.24 	5,029.76 	       no 	 
	Color Tv 	2003.11 	   buying in 	set 	5 	2 	3 	6,015.00 	5% 	1.58333% 	straight-line 	2,380.99 	3,634.01 	       no 	 
	Color Tv 	2004.08 	   buying in 	set 	1 	1 	4 	790.00 	5% 	1.58333% 	straight-line 	200.15 	589.85 	       no 	 
	Dvd 	2004.08 	   buying in 	set 	1 	1 	4 	550.00 	5% 	1.58333% 	straight-line 	139.35 	410.65 	       no 	 
	Electric Boiler 	2003.11 	   buying in 	set 	6 	2 	3 	4,080.00 	5% 	1.58333% 	straight-line 	1,614.99 	2,465.01 	       no 	 
	Color Tv 	2004.06 	   buying in 	set 	1 	1.5 	3.5 	1,250.00 	5% 	1.58333% 	straight-line 	356.21 	893.79 	       no 	 
	Electric Boiler 	2004.06 	   buying in 	set 	1 	1.5 	3.5 	706.00 	5% 	1.58333% 	straight-line 	201.23 	504.77 	       no 	 
	Refrigerator 	2003.12 	   buying in 	set 	1 	2 	3 	1,500.00 	5% 	1.58333% 	straight-line 	570.00 	930.00 	       no 	 
	Laser Printer 	2004.01 	   buying in 	set 	1 	2 	3 	1,550.00 	5% 	1.58333% 	straight-line 	564.42 	985.58 	       no 	 
	Mobile Telephone 	2004.01 	   buying in 	set 	1 	2 	3 	2,500.00 	5% 	1.58333% 	straight-line 	910.34 	1,589.66 	       no 	 
	Icebox 	2004.02 	   buying in 	set 	1 	2 	3 	2,712.00 	5% 	1.58333% 	straight-line 	944.68 	1,767.32 	       no 	 
	Digital Camera Nikon5700 	2004.07 	   buying in 	set 	1 	1.5 	3.5 	6,050.00 	5% 	1.58333% 	straight-line 	1,628.43 	4,421.57 	       no 	 
	Computer 	2004.09 	   buying in 	set 	1 	1 	4 	3,830.00 	5% 	1.58333% 	straight-line 	909.60 	2,920.40 	       no 	 
	Computer 	2004.03 	   buying in 	set 	1 	2 	3 	5,605.00 	5% 	1.58333% 	straight-line 	1,863.75 	3,741.25 	       no 	 
	Card Puncher for Working Meals 	2004.03 	   buying in 	set 	1 	2 	3 	1,950.00 	5% 	1.58333% 	straight-line 	648.48 	1,301.52 	       no 	 
	Sound Device 	2005.02 	   buying in 	set 	1 	1 	4 	3,200.00 	5% 	1.58333% 	straight-line 	506.70 	2,693.30 	       no 	 
	Clocking in/out device? 	2004.03 	   buying in 	set 	1 	2 	3 	1,900.00 	5% 	1.58333% 	straight-line 	631.68 	1,268.32 	       no 	 
	Electronic Platform Balance 	2004.12 	   buying in 	set 	1 	1 	4 	93,000.00 	5% 	1.58333% 	straight-line 	17,670.00 	75,330.00 	       no 	 
	Portable Storage 	2005.04 	   buying in 	set 	1 	0.5 	4.5 	1,760.00 	5% 	1.58333% 	straight-line 	222.96 	1,537.04 	       no 	 
	Mitsubishi Motorcar 	2003.08 	   buying in 	set 	1 	2 	3 	379,741.00 	5% 	1.58333% 	straight-line 	168,351.96 	211,389.04 	       no 	 
	Greatwall Truck 	2003.11 	   buying in 	set 	1 	2 	3 	80,808.00 	5% 	1.58333% 	straight-line 	31,862.87 	48,945.13 	       no 	 
	Lan For Company 	2003.12 	   buying in 	set 	1 	2 	3 	5,775.00 	5% 	1.58333% 	straight-line 	2,194.56 	3,580.44 	       no 	 
	Kitchen Stove 	2004.01 	   buying in 	set 	1 	2 	3 	1,800.00 	5% 	1.58333% 	straight-line 	655.50 	1,144.50 	       no 	 
	Steam Box 	2004.01 	   buying in 	set 	1 	2 	3 	1,550.00 	5% 	1.58333% 	straight-line 	564.42 	985.58 	       no 	 
	Electric Door 	2004.11 	   buying in 	set 	1 	1 	4 	27,280.00 	5% 	1.58333% 	straight-line 	5,615.09 	21,664.91 	       no 	 
	Computer 	2003.07 	   buying in 	set 	1 	2.5 	2.5 	5,500.00 	5% 	1.58333% 	straight-line 	2,525.33 	2,974.67 	       no 	 
	Computer 	2004.08 	   buying in 	set 	1 	1.5 	3.5 	5,250.00 	5% 	1.58333% 	straight-line 	1,330.09 	3,919.91 	       no 	 
	Printer 	2003.07 	   buying in 	set 	1 	2.5 	2.5 	2,600.00 	5% 	1.58333% 	straight-line 	1,193.93 	1,406.07 	       no 	 
	Portable Storage 	2004.03 	   buying in 	set 	1 	2 	3 	1,115.00 	5% 	1.58333% 	straight-line 	370.66 	744.34 	       no 	 
	Fax 	2004.03 	   buying in 	set 	1 	2 	3 	1,280.00 	5% 	1.58333% 	straight-line 	425.68 	854.32 	       no 	 
	Printer 	2004.03 	   buying in 	set 	1 	2 	3 	1,550.00 	5% 	1.58333% 	straight-line 	515.35 	1,034.65 	       no 	 
	Computer 	2004.03 	   buying in 	set 	1 	2 	3 	4,900.00 	5% 	1.58333% 	straight-line 	1,629.19 	3,270.81 	       no 	 
	Notebook Pc 	2004.09 	   buying in 	set 	1 	1 	4 	10,000.00 	5% 	1.58333% 	straight-line 	2,374.96 	7,625.04 	       no 	 
	Pickup Camera 	2004.09 	   buying in 	set 	1 	1 	4 	7,640.00 	5% 	1.58333% 	straight-line 	1,814.56 	5,825.44 	       no 	 
	Digital Camera 	2004.09 	   buying in 	set 	1 	1 	4 	4,940.00 	5% 	1.58333% 	straight-line 	1,173.31 	3,766.69 	       no 	 
	Mobile Telephone 	2004.11 	   buying in 	set 	1 	1 	4 	3,980.00 	5% 	1.58333% 	straight-line 	819.27 	3,160.73 	       no 	 
	Projection Machine 	2005.04 	   buying in 	set 	1 	0.5 	4.5 	19,200.00 	5% 	1.58333% 	straight-line 	2,432.01 	16,767.99 	       no 	 
	Computer 	2004.02 	   buying in 	set 	1 	2 	3 	4,900.00 	5% 	1.58333% 	straight-line 	1,706.77 	3,193.23 	       no 	 
	Electronic Balance 	2004.08 	   buying in 	set 	1 	1 	4 	1,870.00 	5% 	1.58333% 	straight-line 	473.76 	1,396.24 	       no 	 
	Experiment Instrument 	2005.01 	   buying in 	set 	1 	1 	4 	39,476.80 	5% 	1.58333% 	straight-line 	6,875.55 	32,601.25 	       no 	 
	Experiment Device 	2005.01 	   buying in 	set 	1 	1 	4 	12,800.00 	5% 	1.58333% 	straight-line 	2,229.37 	10,570.63 	       no 	 
	Notebook Pc 	2003.07 	   buying in 	set 	1 	2.5 	2.5 	11,300.00 	5% 	1.58333% 	straight-line 	5,188.69 	6,111.31 	       no 	 
	Computer 	2003.07 	   buying in 	set 	1 	2.5 	2.5 	6,400.00 	5% 	1.58333% 	straight-line 	2,938.57 	3,461.43 	       no 	 
	Computer 	2005.03 	   buying in 	set 	1 	1 	4 	5,300.00 	5% 	1.58333% 	straight-line 	755.28 	4,544.72 	       no 	 
	Mobile Telephone 	2004.01 	   buying in 	set 	1 	2 	3 	2,500.00 	5% 	1.58333% 	straight-line 	910.34 	1,589.66 	       no 	 
	Computer 	2005.04 	   buying in 	set 	1 	1 	4 	5,100.00 	5% 	1.58333% 	straight-line 	646.00 	4,454.00 	       no 	 

-63- 

  	Computer 	2005.05 	buying in 	set 	1 	1 	4 	2,400.00 	5% 1.58333% 	straight-line 	266.00 	2,134.00 	no 	 
	Mobile Telephone 	2004.01 	buying in 	set 	1 	2 	3 	2,500.00 	5% 1.58333% 	straight-line 	910.31 	1,589.69 	no 	 
	Notebook Pc 	2004.05 	buying in 	set 	1 	2 	3 	11,100.00 	5% 1.58333% 	straight-line 	3,339.25 	7,760.75 	no 	 
	Fork Lift Truck 	2003.12 	buying in 	set 	1 	2 	3 	68,000.00 	5% 1.58333% 	straight-line 	25,840.08 	42,159.92 	no 	 
	Drill Press 	2004.03 	buying in 	set 	1 	2 	13 	1,198.90 	5% 0.52778% 	straight-line 	132.93 	1,065.97 	no 	 
	Welder 	2004.03 	buying in 	set 	1 	2 	13 	2,450.00 	5% 0.52778% 	straight-line 	271.53 	2,178.47 	no 	 
	Welder 	2004.03 	buying in 	set 	1 	2 	13 	1,438.00 	5% 0.52778% 	straight-line 	159.39 	1,278.61 	no 	 
	Welder 	2004.09 	buying in 	set 	1 	1 	14 	6,980.00 	5% 0.52778% 	straight-line 	552.60 	6,427.40 	no 	 
	Decompress Valve 	2004.01 	buying in 	set 	1 	2 	3 	2,135.00 	5% 1.58333% 	straight-line 	777.40 	1,357.60 	no 	 
	Dustproof Units 	2004.12 	buying in 	  	1 	1 	4 	60,000.00 	5% 1.58333% 	straight-line 	11,400.00 	48,600.00 	no 	 
	Raw Material Pipeline 	2004.12 	buying in 	  	1 	1 	19 	894,299.39 	5% 0.39583% 	straight-line 	42,479.28 	851,820.11 	no 	 
	Notebook Pc 	2003.07 	buying in 	set 	1 	2.5 	2.5 	11,300.00 	5% 1.58333% 	straight-line 	5,188.97 	6,111.03 	no 	 
	Computer 	2003.12 	buying in 	set 	1 	2 	3 	4,825.00 	5% 1.58333% 	straight-line 	1,833.60 	2,991.40 	no 	 
	Interphone 	2003.11 	buying in 	set 	6 	2 	3 	9,300.00 	5% 1.58333% 	straight-line 	3,681.25 	5,618.75 	no 	 
	Interphone 	2004.12 	buying in 	set 	2 	1 	4 	3,160.00 	5% 1.58333% 	straight-line 	600.36 	2,559.64 	no 	 
	Interphone'S Earphone 	2004.12 	buying in 	set 	8 	1 	4 	520.00 	5% 1.58333% 	straight-line 	98.76 	421.24 	no 	 
	Mobile Telephone 	2004.02 	buying in 	set 	1 	2 	3 	2,500.00 	5% 1.58333% 	straight-line 	870.76 	1,629.24 	no 	 
	Mobile Telephone 	2005.09 	buying in 	set 	1 	0.5 	4.5 	2,080.00 	5% 1.58333% 	straight-line 	98.79 	1,981.21 	no 	 
	Electronic Belt Scale 	2005.01 	buying in 	  	1 	1 	4 	67,000.00 	5% 1.58333% 	straight-line 	11,669.13 	55,330.87 	no 	 
	Transfer From Construction In 	  	  	  	  	  	  	  	  	  	  	  	  	 
	Progress 	2004.02 	buying in 	  	1 	2 	3 	2,212,044.65 	5% 1.58333% 	straight-line 	770,528.88 	1,441,515.77 	yes 	 
	Transfer From Construction In 	  	  	  	  	  	  	  	  	  	  	  	  	 
	Progress 	2004.02 	buying in 	  	1 	2 	13 	6,373,651.59 	5% 0.52778% 	straight-line 	740,051.84 	5,633,599.75 	yes 	 
	Front End Loader 	2003.11 	buying in 	set 	1 	2 	3 	280,000.00 	5% 1.58333% 	straight-line 	110,833.25 	169,166.75 	no 	 
	Centrifugal Pump 	2004.09 	buying in 	set 	1 	1 	14 	4,700.00 	5% 0.52778% 	straight-line 	372.01 	4,327.99 	no 	 
	Belt Conveyer 	2004.09 	buying in 	  	1 	1 	14 	10,900.00 	5% 0.52778% 	straight-line 	862.81 	10,037.19 	no 	 
	Crusher 	2005.01 	buying in 	  	1 	1 	14 	4,860.00 	5% 0.52778% 	straight-line 	282.15 	4,577.85 	no 	 
	Crusher 	2004.09 	buying in 	  	1 	1 	14 	2,430.00 	5% 0.52778% 	straight-line 	192.45 	2,237.55 	no 	 
	Crusher 	2004.11 	buying in 	  	3 	1 	14 	7,290.00 	5% 0.52778% 	straight-line 	500.24 	6,789.76 	no 	 
	Crusher 	2005.04 	buying in 	  	1 	0.5 	14.5 	11,750.00 	5% 0.52778% 	straight-line 	496.08 	11,253.92 	no 	 
	Molten A.N Or Urea Pump 	2004.12 	buying in 	  	2 	1 	14 	60,000.00 	5% 0.52778% 	straight-line 	3,800.04 	56,199.96 	no 	 
	Measure Pump 	2004.12 	buying in 	  	2 	1 	14 	35,600.00 	5% 0.52778% 	straight-line 	2,254.68 	33,345.32 	no 	 
	Centrifugal Pump 	2005.08 	buying in 	  	1 	0.5 	14.5 	4,500.00 	5% 0.52778% 	straight-line 	95.00 	4,405.00 	no 	 
	Centrifugal Pump 	2005.09 	buying in 	  	1 	0.5 	14.5 	1,620.00 	5% 0.52778% 	straight-line 	25.62 	1,594.38 	no 	 
	Screw Conveyer 	2005.09 	buying in 	  	1 	0.5 	14.5 	3,480.00 	5% 0.52778% 	straight-line 	55.11 	3,424.89 	no 	 
	Screw Conveyer 	2005.11 	buying in 	  	1 	  	15 	13,182.10 	5% 0.52778% 	straight-line 	69.57 	13,112.53 	no 	 
	Screw Conveyer 	2005.11 	buying in 	  	1 	  	15 	8,920.00 	5% 0.52778% 	straight-line 	47.08 	8,872.92 	no 	 
	Electromotor 	2005.11 	buying in 	  	1 	  	15 	15,900.00 	5% 0.52778% 	straight-line 	83.92 	15,816.08 	no 	 
	Regulating Volve 	2004.12 	buying in 	  	1 	1 	4 	7,934.00 	5% 1.58333% 	straight-line 	1,507.44 	6,426.56 	no 	 
	Transfer From Construction In 	  	  	  	  	  	  	  	  	  	  	  	  	 
	Progress 	2004.02 	buying in 	  	1 	2 	3 	41,154.31 	5% 1.58333% 	straight-line 	14,335.42 	26,818.89 	yes 	 
	Computer 	2004.02 	buying in 	  	1 	2 	3 	4,900.00 	5% 1.58333% 	straight-line 	1,706.53 	3,193.47 	no 	 
	Bubble Jet Printer 	2003.07 	buying in 	  	1 	2.5 	2.5 	680.00 	5% 1.58333% 	straight-line 	312.32 	367.68 	no 	 
	Electronic Balance 	2004.03 	buying in 	  	1 	2 	3 	9,409.00 	5% 1.58333% 	straight-line 	3,128.58 	6,280.42 	no 	 
	Electronic Balance 	2004.03 	buying in 	  	1 	2 	3 	8,055.00 	5% 1.58333% 	straight-line 	2,678.34 	5,376.66 	no 	 
	Electronic Balance 	2004.03 	buying in 	  	1 	2 	3 	5,477.00 	5% 1.58333% 	straight-line 	1,821.12 	3,655.88 	no 	 
	Vacuum Pump 	2004.03 	buying in 	  	1 	2 	3 	2,052.00 	5% 1.58333% 	straight-line 	682.29 	1,369.71 	no 	 
	Granule Granalarity Meter 	2004.03 	buying in 	  	1 	2 	3 	2,447.00 	5% 1.58333% 	straight-line 	813.54 	1,633.46 	no 	 
	Photometer 	2004.03 	buying in 	  	1 	2 	3 	3,707.00 	5% 1.58333% 	straight-line 	1,232.49 	2,474.51 	no 	 
	Vacuum Dryer 	2004.03 	buying in 	  	1 	2 	3 	3,825.00 	5% 1.58333% 	straight-line 	1,271.76 	2,553.24 	no 	 
	Electric Cabinet Stove 	2004.03 	buying in 	  	1 	2 	3 	2,756.00 	5% 1.58333% 	straight-line 	916.44 	1,839.56 	no 	 
	Electric Drying Device 	2004.03 	buying in 	  	1 	2 	3 	7,818.00 	5% 1.58333% 	straight-line 	2,599.59 	5,218.41 	no 	 
	Constant Temperature- 	  	  	  	  	  	  	  	  	  	  	  	  	 
	Oscillation Flume 	2004.03 	buying in 	  	1 	2 	3 	4,644.00 	5% 1.58333% 	straight-line 	1,544.13 	3,099.87 	no 	 
	Acidity Meter 	2004.03 	buying in 	  	1 	2 	3 	1,287.00 	5% 1.58333% 	straight-line 	427.98 	859.02 	no 	 
	Sample Cabinet 	2005.03 	buying in 	  	1 	1 	4 	1,808.00 	5% 1.58333% 	straight-line 	257.67 	1,550.33 	no 	 
	Transfer From Construction In 	  	  	  	  	  	  	  	  	  	  	  	  	 
	Progress 	2004.02 	buying in 	  	1 	2 	3 	9,319.66 	5% 1.58333% 	straight-line 	3,246.32 	6,073.34 	yes 	 
	  	  	  	  	  	  	  	11,167,251.40 	  	  	2,076,460.92 	9,090,790.48 	  	 

 - 64 -

Schedule(7c)

HEBEI TIANREN AGRICULTURAL
  FRANCHISE CO.,LTD.

  2005-12-31 COMPANY'S EQUIPMENT

  	

        

        Assets 

        
	

        Acquisition

        date 	

        

        

        Acquisition

        mode 
	

        

        

        Measure 

        units 	

        

        

        Real

        amount  
	

        

        

        Used 

        years 
	Surplus 

        working 	

        Initial 

        value 
	

        Residual 

        ratio 
	

        

        Depreciative 

        rate 

        
	

        

        

        Depreciation method 
	

        

        

        Accumulated depreciation 
	

        

        Net value 

        
	

        Guarantee 

        of credit 
	 Remark 
	Computer 	2004-12-25 	buying in 	 set 	3 	1 	4 	15654.00 	   10% 	18% 	straight-line 	2817.72 	12836.28 	     no 	 
	Electronic Balance 	2005-1-25 	buying in 	 set 	1 	1 	4 	22500.00 	   10% 	18% 	straight-line 	3712.50 	18787.50 	     no 	 
	Computer 	2005-2-25 	buying in 	 set 	3 	1 	4 	14550.00 	   10% 	18% 	straight-line 	2182.50 	12367.50 	     no 	 
	Computer 	2005-2-25 	buying in 	 set 	4 	1 	4 	19400.00 	   10% 	18% 	straight-line 	2910.00 	16490.00 	     no 	 
	Computer 	2005-6-25 	buying in 	 set 	2 	1 	4 	10500.00 	   10% 	18% 	straight-line 	945.00 	9555.00 	     no 	 
	Computer 	2005-7-25 	buying in 	 set 	2 	1 	4 	10200.00 	   10% 	18% 	straight-line 	765.00 	9435.00 	     no 	 
	Computer 	2005-7-25 	buying in 	 set 	1 	1 	4 	5000.00 	   10% 	18% 	straight-line 	375.00 	4625.00 	     no 	 
	Electronic Test Meter 	2005-10-25 	buying in 	 set 	2 	1 	4 	220000.00 	   10% 	18% 	straight-line 	6600.00 	213400.00 	     no 	 
	Computer 	2005-12-25 	buying in 	 set 	2 	  	5 	10200.00 	   10% 	18% 	straight-line 	0.00 	10200.00 	     no 	 
	Computer 	2005-12-25 	buying in 	 set 	1 	  	5 	9800.00 	   10% 	18% 	straight-line 	0.00 	9800.00 	     no 	 
	Electronic Test Meter 	2005-12-25 	buying in 	 set 	1 	  	5 	170000.00 	   10% 	18% 	straight-line 	0.00 	170000.00 	     no 	 
	Atom Absorber 	2005-6-25 	buying in 	 set 	1 	1 	4 	100000.00 	   10% 	18% 	straight-line 	9000.00 	91000.00 	     no 	 
	  	  	  	  	  	  	  	607804.00 	  	  	  	29307.72 	578496.28 	  	 

-65- 

Schedule(7d)

YICHANG TIANLONG INDUSTRY CO.,LTD.

  2005-12-31 COMPANY'S EQUIPMENT

  	

        

        Assets 

        
	

        Acquisition

        date 
	

        

        

        Acquisition

        mode 
	

        

        

        Measure 

        units 
	

        

        

        

        Real

        amount  	

        

        

        

        Used 

        years 	

        Surplus 

        working 	

        

        Initial value 

        
	

        Residual 

        ratio 	

        

        

        Depreciative 

        rate 
	

        

        

        Depreciation method 
	

        

        

        Accumulated depreciation 
	

        

        Net value 

        
	

        Guarantee of 

        

        credit 
	 Remark 
	Computer Hp402 	2004-3-19 	buying in 	set 	2 	1.8 	3.2 	13,150.00 	10% 	18% 	straight-line 	4,050.00 	9,100.00 	       no 	 
	Computer Hp502cl 	2004-4-21 	buying in 	set 	1 	1.8 	3.2 	4,650.00 	10% 	18% 	straight-line 	1,395.00 	3,255.00 	       no 	 
	Fax Panasonic753 	2004-3-19 	buying in 	set 	1 	1.8 	3.2 	3,800.00 	10% 	18% 	straight-line 	1,197.00 	2,603.00 	       no 	 
	Fax Panasonic513 	2004-4-1 	buying in 	set 	1 	1.8 	3.2 	2,750.00 	10% 	18% 	straight-line 	825.00 	1,925.00 	       no 	 
	Jeep Bj6450 	2004-3-23 	buying in 	set 	1 	1.8 	3.2 	207,139.00 	10% 	18% 	straight-line 	65,248.88 	141,890.12 	       no 	 
	Printer Samsung 	2004-4-1 	buying in 	set 	1 	1.8 	3.2 	1,750.00 	10% 	18% 	straight-line 	551.25 	1,198.75 	       no 	 
	Air conditioner 	2004-4-20 	buying in 	set 	3 	1.8 	3.2 	6,270.00 	10% 	18% 	straight-line 	1,881.00 	4,389.00 	       no 	 
	Air conditioner 	2004-4-20 	buying in 	set 	1 	1.8 	3.2 	4,850.00 	10% 	18% 	straight-line 	1,455.00 	3,395.00 	       no 	 
	Crusher 	2004-6-11 	buying in 	set 	1 	1.5 	3.5 	2,400.00 	10% 	18% 	straight-line 	648.00 	1,752.00 	       no 	 
	Duplicating macline1810P 	2004-6-30 	buying in 	set 	1 	1.5 	3.5 	12,500.00 	10% 	18% 	straight-line 	3,375.00 	9,125.00 	       no 	 
	  	  	  	  	  	  	  	  	  	  	  	  	  	  	 
	           
      	 	 	 	 	 	 	 259,259.00  	 	 	 	 	 	 	 

-66- 

Schedule 8a

RMB fund loan contract 

China Construction Bank, Qinhuangdao Branch

Contract Number: 200614 

Loan type: Industry working capital

  Borrower: Qinhuangdao Tianding Chemical Co., LTD

  Address: East section of Jianshe Street

  Postcode; 066000

  Legal representative: Wang Weimin

  Fax: 3161308 Tel: 3161028

Loaner: China Construction Bank stock Co., LTD Qinhuangdao Jianshe
  Street Branch

  Principal: Wang Qibin

  Fax: 3102521 Tel: 3012954 

Borrower: Qinhuangdao Tianding Chemical Co., LTD 

  Loaner: China Construction Bank stock Co., LTD Qinhuangdao Jianshe Street Branch

The borrower apply to the loan from the loaner and the loaner
  agree to release the loan. According the related law and regulations, the borrower
  and the loaner sign the contract hereafter: 

	1. 	 Loan sum: 15000000(fifteen million only)

	2. 	 Purpose for the loan: Purchasing raw materials

	3. 	 Loan period: one year, March 1st 2006 to
        Feb. 28th, 2007

	4. 	 Loan interest, penalty interest and interest start and
        end:

		 Interest 5.58%, if the borrower do not use the loan
        as working capital, the interest is: 11.6%, if the borrower can not return
        back the loan in time, the interest is: 8.37%.

	5. 	 Loan release and use

	6. 	 Loan return

	7. 	 The guarantee for the loan: Guarantee.

	8. 	 The responsibility and obligation for the borrower

	9. 	 The responsibility and obligation for the loaner

	10. 	 The responsibility for the contract breach

	11. 	 The others

	12. 	 Dispute

	13. 	 The contract into effect

	14. 	 Four original copies of the contract

	15. 	 Declaration

Borrower: Qinhuangdao Tianding Chemical Co., LTD

  Loaner: China Construction Bank stock Co., LTD Qinhuangdao Jianshe Street Branch

- 67 -

Schedule 8a

ORAL AGREEMENT BETWEEN TIANDING CO AND CCB QINHUANGDAO BRANCH

DATE: Dec.15, 2005

JIANSHE ROAD SUBBRANCH OF QINHUANGDAO OF CHINA

CONSTRUCTION BANK agree to extend a CREDIT OF 25,000,000.RMB
  (IN

WORDS TWENTY FIVE MILLION RMB) to TIANDING CHEMICAL CO.,LTD.

provided THAT TIANDING CO. shall not pay the dividend to the
  shareholder

before reimbursing the loan without THE WRITTEN PERMISSION FROM

JIANSHE ROAD SUBBRANCH OF QINHUANGDAO . 

- 68 -

Schedule 8a 

  SALES & PURCHASE CONTRACT

SELLER:YUNNAN TIANMENG AGRICULTURAL MEANS 0F PRODUCTION FRANCHISE CO.,LTD.(hereinafter
  referred to as the “SELLER”)

  BUYER: QINHUANGDAO TIANDING CHEMICAL INDUSTRY CO.LTD. (hereinafter referred
  to as the “BUYER”)

PLACE OF SIGNATURE: QINHUAGDAO

  CONTRACT NO: SACF/CG 

  DATE: APR.,2nd, 2006

This contract is made out by and between the Buyers and Sellers, whereby the
  Buyers agree to buy and the Sellers agree to sell the undermentioned goods to
  the terms and conditions as stipulated below: 

1. Name of Commodity: Ammonium Nitrate(INCOMPACT), manufactured by

  
    
      YUNTIANHUA GROUP CO.,LTD. 

                   Resale is
        not allowed.

    

  

2. Specification: Total Nitrogen > 34%

  
     Moisture < 1%

     White granular, Uniform in color, No visible impurity 

  

3. Time of Delivery, Quantity & Unit Price: Apr—Dec,2006. The time
  of delivery, quantity and price shall be determined between PARTIES subject
  to the Buyer’s confirmation by fax before each shipment.

4. Transportation: By railway . The Seller take the responsibility to go through
  the formalities for transportation in accordance to the Rules of Ammonium Nitrate
  Transportation regulated by National Railway Bureau. All freights occurred before
  the goods arrival at the destination should be borne by the Seller. Discharging
  fee as well as fees within the Special Railway Line of SACF shall be borne by
  the Buyer. 

 Destination: East Railway Station of Qinhuangdao 

Consignee: Sino-Arab Chemical Fertilizers Co.,Ltd. 

5. Allowance: +/- 0.2% more or less on quantity is acceptable . 

6. Inspection: The Seller has the right to joint the inspection together with
  the Buyer after the goods arrival at the destination. In case the Seller fail
  to joint the inspection in time, the certificate of quantity and the quality
  of the Buyer shall be final. 

7. Payment: The Buyer shall remit the payment to the Seller after the goods
  arrival and inspected to be in accordance with the specification stipulated
  in the contract. 

8. Arbitration: All disputes in connection with this contract or the execution
  thereof shall be settled by amicable negotiations. In case no settlement can
  be reached, the case under dispute can then be submitted to the Court for judgement
  , pursuant to the LAW OF CONTRACT. 

9. This contract is made out in two originals , each party holding one as evidence
  thereof after signing. 

10. DURATION: This agreement shall commence on Apr.2nd, 2006 and remain effective
  until Dec 31st, 2006. 

 

	THE SELLER 	THE BUYER
	 	 
	--------------------------------	------------------------------------- 

- 69 - 

Schedule 8a 

PURCHASING CONTRACT 

SELLER:HEBEI LIANTONG TRADING. CO.,LTD.

              (hereinafter
  referred to as the “SELLER”)

BUYER: QINHUABNGDAO TIANDING CHEMICAL INDUSTRY CO.LTD.

              (hereinafter
  referred to as the “BUYER”)

PLACE OF SIGNATURER: QINHUANGDAO

  CONTRACT NO.: SACF/CG

  DATE: DEC.13rd , 2004 

This contract is made out by and between the Buyers and Sellers,
  whereby the Buyers agree to buy and the Sellers agree to sell the undermentioned
  goods to the terms and conditions as stipulated below: 

1. NAME OF COMMODITY 

  	

        Commodity 
	

        Standard 
	

        Manufacturer 
	Quantity

        (MT/y) 	Unit Price 

        (RMB/MT) 	Total 

        Amount 

        (RMB) 
	AMMONIUM 

        SULPHATE 

        
	First Class 

        

        
	ANSHAN 

        STEEL 

        FACTORY 
	6000-8400 

        

        
	

        

        
	

        

        

	Time of Delivery  	 	 	 	 	 

2. SPECIFICATION 

  	

        Ammonium Sulphate 

        
	Standard 
	First Class 
	Appearance 	White Crystal, No visible impurity 
	Nitrogen % > 	20.8 
	Moisture % < 	1 
	H2SO4 % < 	0.2 
	Granular Size < 1mm % > 	90% 

	3. 	 TIME OF DELIVERY.QUANTITY & UNIT PRICE:
        Jan.,--Dec.,2005. Total quantity is 6000-8400 mt annually. The quantity
        of each shipment to be fixed between the Seller and the Buyer. The price
        should be reasonable and in accordance to the market. The quantity and
        price of shipment to be delivered next month should be determined between
        the Buyer and the Seller by fax before 25th each month.

	 	 	 
	4. 	 DELIVERY: The Seller shall deliver the goods
        before 25th each month and then inform the Wagons No. to the
        Buyer within 2 working days.

	 	 	 
			 Destination: Special Railway line of SACF,East Railway
        Station of Qinhuangdao Consignee: Sino-Arab Chemical Fertilizers Co.,Ltd.

	 	 	 
	5. 	 TRANSPORTATION & FREIGHTS: By railway.
        All freights occurred before the goods arrival at the destination should
        be borne by the Seller. Discharging charges as well as fees within Special
        Railway line shall be borne by the Buyer.

	 	 	 
	6. 	 INSPECTION: The Seller has the right to joint
        the inspection together with the Buyer after the goods arrival at the
        destination. In case the Seller fail to joint the inspection in time,
        the certificate of quantity and the quality of the Buyer shall be final.

	 	 	 
	7. 	 PACKING: In 50kg bags. Non- recycle.

	 	 	 
	8. 	 PAYMENT: The Buyer shall remit the payment
        to the Seller within 15 days after receiving the invoice as well as the
        receipt of railway authority provided that the quantity and quality to
        be inspected in accordance with the contract.

- 70 - 

	9. 

      
	PENALITY CLAUSE: In case the quality of goods found
      not in accordance to the specifications, The 

      Buyer have the right to reject the goods or ask for a discount from the
      Seller as per the certificate of 

      quality issued by the Buyer. 
	 	 
	10. 

      
	ARBITRATION: All disputes in connection with this
      contract or the execution thereof shall 

      be settled by amicable negotiations. In case no settlement can be reached,
      the case under dispute 

      can then be submitted to the Court for judgement . 
	11. 	THIS contract is made out in two originals , each
      party holding one as evidence thereof after signing.
	  	  
	12. 	DURATION: This agreement shall commence on Jan
      1ST, 2005 and remain effective until Dec 31st, 2005.
    
	  	

	THE SELLER 	THE BUYER 
	-------------------------------- 	           -------------------------------------
    

 

- 71 -

Schedule 8a 

SALES & PURCHASE CONTRACT 

SELLER:TANGSHAN TIEZHI TRADING. CO.,LTD. (hereinafter referred
  to as the “SELLER”)

  BUYER: QINHUABNGDAO TIANDING CHEMICAL INDUSTRY CO.LTD. (hereinafter referred
  to as the “BUYER”)

  PLACE OF SIGNATURE: QINHUANGDAO

  CONTRACT NO.: SACF/CG

  DATE: DEC.25th, 2004 

This contract is made out by and between the Buyers and Sellers,
  whereby the Buyers agree to buy and the Sellers agree to sell the undermentioned
  goods to the terms and conditions as stipulated below: 

1.   NAME OF COMMODITY 

  	Commodity 
	Standard 
	Quantity 

        (MT/y) 	Unit Price 

        (RMB/MT) 	Total Amount 

        (RMB) 
	AMMONIUM 

        SULPHATE 	First Class 
	3,600 
	
	

	Time of Delivery 

2.   SPECIFICATION

  	

        Ammonium Sulphate 

        
	Standard 
	First Class 
	Appearance 	White Crystal, No visible impurity 
	Nitrogen % > 	20.8 
	Moisture % <  	1 
	H2SO4 % <  	0.2 
	Granular Size < 1mm % > 	90% 

	3. 
	TIME OF DELIVERY.QUANTITY & UNIT PRICE: The
      price should be reasonable and in accordance to the market. The quantity
      and price of shipment to be delivered next month should be determined between
      the Buyer and the Seller by fax before 25th each month. 
	13.
	DELIVERY TO: Special Railway Line of SACF.The Seller
      shall deliver the goods before 25th each month and then inform
      the Wagon Nos. to the Buyer within 2 wording days. Destination: Special
      Railway Line of SACF, East Railway Station of Qinhuangdao Consignee: Sino-Arab
      Chemical Fertilizers Co.,Ltd. 
	14.
	TRANSPORTATION & FREIGHTS: By railway or Truck.
      In case by railway transportation, all freights occurred before the goods
      arrival at the destination should be borne by the Seller. Discharging charges
      as well as fees within the Special Railway Line of SACF shall be borne by
      the Buyer. In case by Truck transportation, all 

- 72 - 

	         	 freights shall be borne by the Seller. 
	 	 
	15. 

      
	INSPECTION: The Seller has the right to joint the
      inspection together with the Buyer after the goods arrival at the destination.
      In case the Seller fail to joint the inspection in time, the certificate
      of quantity and the quality of the Buyer shall be final. 
	16. 	PACKING: In 50kg bags. Non- recycle. 
	17. 

      
	PAYMENT: The Buyer shall remit the payment to the
      Seller within 15 days after receiving the invoice as well as the receipt
      of railway authority provided that the quantity and quality to be inspected
      in accordance with the contract. 
	18. 

      
	PENALITY CLAUSE: In case the quality of goods found
      not in accordance to the specifications, The Buyer have the right to reject
      the goods or ask for a discount from the Sell as per the certificate of
      quality issued by the Buyer. 
	19. 

      
	ARBITRATION: All disputes in connection with this
      contract or the execution thereof shall be settled by amicable negotiations.
      In case no settlement can be reached, the case under dispute can then be
      submitted to the Court for judgement.
	20. 	THIS contract is made out in two originals , each
      party holding one as evidence thereof after signing. 
	21. 	DURATION: This agreement shall commence on Jan
      1ST , 2005 and remain effective until Dec 31st ,
      2005. 

	THE SELLER 	THE BUYER 
	-------------------------------- 	             -------------------------------------
    

 

- 73 -

Schedule 8a

BOPP Film Contract

SELLER: Hebei Liantong Trading Co., Ltd. 

  BUYER: Qinhuangdao Tianding Chemical Industrial Co., Ltd.

Place of signing: Qinhuangdao

  Time of signing: Dec.13, 2004

Through friendly negotiation, the SELLER agrees to sell and the
  BUYER agrees to buy BOPP film on the following terms and conditions: 

	1. 	 Commodity: BOPP film (Flat film), Place of origin:
        Baoding

	 	 
	2. 	 Specifications: as described in the table hereunder

  	Commodity: Flat film 	Electric halo: inner side 
	Width: 480mm, 410mm, etc. 	Thickness: 18μm, etc. 
	Product Standard: GB/T 10003-1996 	Grade: supper class 

	3. 

      

      
	Delivery, Quantity and Price: 

      Delivery period: From Jan.1, 2005 to Dec.31, 2005; Quantity and Price: To
      be negotiated and decided by both parties monthly according to BUYER’s
      production requirement and market. To be confirmed by BUYER’s fax.
    
	 	  
	4.

      

      

      
	Inspection: 

      Quantity: As BUYER received and acknowledged on each delivery; Quality:
      By Quality Control Department of SACF; SELLER must be in charge of replace
      the unqualified product and cover all expenses concerned, in case any unqualified
      product appears during the inspection (include using). 
	 	  
	5. 

      
	Transportation: 

      Truck delivery; 

      SELLER shall be in charge of full delivery to BUYER’s warehouse in
      Shanhaiguan on its own account. 
	 	  
	6.
	Terms of Payment: 

      Payment after delivery and inspection successfully fulfilled. 
	 	  
	7.

      
	Other Terms and Conditions 

      If any, shall be negotiated by both parties. All disputes arising in condition
      with the present contract, each party shall have the right to litigate to
      the local Peoples Court of signing place. 

	8. 	 This contract has two original copies with same legal
        power, each party holds one copy.

	 	 
	9. 	 Contract fulfill period: Jan.1, 2005 to Dec.31,
        2005.

  	THE SELLER 

        NAME: Hebei Liantong Trading Co., Ltd. 

        

        LEGAL REPRESENTITIVE: 

        AUTHORIZED SIGNER: Yan Su 

        PHONE: .0311-7904387 

        BANK: 

        ACCOUNT NO.: 

        

        POST CODE: 	THE BUYER 

        NAME: Qinhuangdao Tianding Chemical 

        Industrial Co., Ltd. 

        LEGAL REPRESENTITIVE: 

        AUTHORIZED SIGNER: Gao Jianbo 

        PHONE: .0335-3161029 

        BANK: 

        ACCOUNT NO.: 

        VAT NO.: 

        POST CODE: 

 

- 74 -

Schedule 8a 

MAP Contract 

SELLER: CNAMPGC Tianjin Branch

  BUYER: Qinhuangdao Tianding Chemical Industrial Co., Ltd. 

Place of signing: Qinhuangdao

  Time of signing: Dec.31, 2005

  Through friendly negotiation, the SELLER agrees to sell and the BUYER agrees
  to buy MAP on the following terms and conditions: 

	1. 	 Commodity: MAP; Unit: ton; Trade Mark:
        “Yunding” etc..

	2. 	 Specifications:

____Powder MAP: 

Apparent status: white color, with no
  obvious dust and impurity, no obvious caking.

  Citric acid soluble P2O5-------------------------43% min.

  Water soluble P2O5------------------------------30% min.

  Total Nitrogen (N)-------------------------------9% min.

  Total Nutrients (N+P2O5)-----------------------55% min.

  Remains after solution--------------------------5% max.

  Moisture-------------------------------------------5% max.

  Granularity (equal to or bigger than 1mm) --10% max.

____Granule MAP:

Apparent status: white or light grey
  even color, with no obvious dust and impurity.

  Citric acid soluble P2O5---------------------------43% min.

  Water soluble P2O5--------------------------------34% min.

  Total Nitrogen (N)---------------------------------10% min.

  Total Nutrients (N+P2O5)-------------------------55% min.

  Solution rate----------------------------------------80% min.

  Remains after solution----------------------------5% max.

  Moisture---------------------------------------------2.0% max.

  Granularity (equal to or smaller than 4mm) ---99% min;

                      
  (equal to or smaller than 2mm) --70% min.

                      
  (best between 1mm to 2 mm) 

3. Delivery time, Quantity and Price: 

  Delivery period: From Jan.1, 2006 to Dec.31, 2006; 

  Quantity and Price (price to Qinhuangdao East Railway Station): To be negotiated
  and decided by both parties monthly according to BUYER’s production requirement
  and market. To be confirmed each month by BUYER’s fax before last 25th.

4. Accepter and Delivery destination:

  Accepter: SACF or Hebei Tianren Agricultural Franchise Company.

  Delivery destination: SACF extension railway line, Qinhuangdao East Railway
  Station.

5. Transportation: Freight train delivery to Qinhuangdao
  East Railway Station on SELLER’s account; Fee for pushing freight train
  from Qinhuangdao East Railway Station further to SACF extension railway line
  and back shall be covered by BUYER. 

6. Inspection: Shall be fulfilled by both parties upon
  its arrival.

  Quality: By Quality Control Department of BUYER; 

  Quantity: As BUYER received and both parties acknowledged on each delivery,
  if SELLER’s representative is absent, the BUYER’s acknowledgement
  shall be effective legally. Any shortage compare to the freight bill less than
  or equal to 0.2% shall be born by BUYER; any shortage compare to the freight
  bill more than 0.2% shall be born by SELLER. 

  Packing: Inner PE film bag plus outer knitted PP bag without leakage, net weight
  40.0Kg ±0.4Kg or 50.0Kg ±0.5Kg per bag. 

  Mark: Name of producer, main nutrients content, standards etc. 

7. Terms of Payment: 

  Payment after delivery and inspection successfully fulfilled, and no disputes
  arisen by both parties. BUYER shall pay SELLER by T/T or Accepted Bill of Draft
  upon invoice. 

- 75 -

8. SELLER’s Responsibility:

  If the quality inspected of a batch MAP in a month unqualified, but the
  product is accepted and can be used through adjustment, the price shall be recalculated
  down according to its actual N+P2O5 content. If the quality inspected of a batch
  MAP in a month unqualified, and the product is not acceptable, SELLER shall
  be responsible for the whole refusal on its own account. 

9. Other Terms and Conditions:

  If any, shall be negotiated by both parties. All disputes arising in condition
  with the present contract, each party shall have the right to litigate to the
  local Peoples Court of signing place according to <The Contract Law>.

10. This contract has two original copies with
  same legal power, each party holds one copy.

11. Contract fulfill period: Jan.1, 2006 to
  Dec.31, 2006.

  	THE SELLER 

        NAME: CNAMPGC Tianjin Branch 

        ADDRESS: 50,Taian Road, Heping District, 

        Tianjin 

        LEGAL REPRESENTITIVE: 

        AUTHORIZED SIGNER: Xu jun 

        PHONE: .022-23316007 

        BANK: 

        ACCOUNT NO.: 

        

        POST CODE: 	THE BUYER 

        NAME: Qinhuangdao Tianding Chemical 

        Industrial Co., Ltd. 

        ADDRESS: 

        LEGAL REPRESENTITIVE: 

        AUTHORIZED SIGNER: Gao Jianbo 

        PHONE: .0335-3161028 

        BANK: 

        ACCOUNT NO.: 

        VAT NO.: 

        POST CODE: 

 - 76 -

Schedule 8a 

MAP Contract 

SELLER: CNAMPGC Tianjin Branch

  BUYER: Qinhuangdao Tianding Chemical Industrial Co., Ltd. 

Place of signing: Qinhuangdao

  Time of signing: Dec.31, 2005

  Through friendly negotiation, the SELLER agrees to sell and the BUYER agrees
  to buy MAP on the following terms and conditions: 

	1. 	 Commodity: MAP; Unit: ton; Trade Mark:
        “Yunding” etc..

	2. 	 Specifications:

____Powder MAP: 

Apparent status: white color, with no
  obvious dust and impurity, no obvious caking.

  Citric acid soluble P2O5-------------------------43% min.

  Water soluble P2O5------------------------------30% min.

  Total Nitrogen (N)-------------------------------9% min.

  Total Nutrients (N+P2O5)-----------------------55% min.

  Remains after solution--------------------------5% max.

  Moisture-------------------------------------------5% max.

  Granularity (equal to or bigger than 1mm) --10% max.

____Granule MAP:

Apparent status: white or light grey
  even color, with no obvious dust and impurity.

  Citric acid soluble P2O5---------------------------43% min.

  Water soluble P2O5--------------------------------34% min.

  Total Nitrogen (N)---------------------------------10% min.

  Total Nutrients (N+P2O5)-------------------------55% min.

  Solution rate----------------------------------------80% min.

  Remains after solution----------------------------5% max.

  Moisture---------------------------------------------2.0% max.

  Granularity (equal to or smaller than 4mm) ---99% min;

                      
  (equal to or smaller than 2mm) --70% min.

                      
  (best between 1mm to 2 mm) 

3. Delivery time, Quantity and Price: 

  Delivery period: From Jan.1, 2006 to Dec.31, 2006; 

  Quantity and Price (price to Qinhuangdao East Railway Station): To be negotiated
  and decided by both parties monthly according to BUYER’s production requirement
  and market. To be confirmed each month by BUYER’s fax before last 25th.

4. Accepter and Delivery destination:

  Accepter: SACF or Hebei Tianren Agricultural Franchise Company.

  Delivery destination: SACF extension railway line, Qinhuangdao East Railway
  Station.

5. Transportation: Freight train delivery to Qinhuangdao
  East Railway Station on SELLER’s account; Fee for pushing freight train
  from Qinhuangdao East Railway Station further to SACF extension railway line
  and back shall be covered by BUYER. 

6. Inspection: Shall be fulfilled by both parties upon
  its arrival.

  Quality: By Quality Control Department of BUYER; 

  Quantity: As BUYER received and both parties acknowledged on each delivery,
  if SELLER’s representative is absent, the BUYER’s acknowledgement
  shall be effective legally. Any shortage compare to the freight bill less than
  or equal to 0.2% shall be born by BUYER; any shortage compare to the freight
  bill more than 0.2% shall be born by SELLER. 

  Packing: Inner PE film bag plus outer knitted PP bag without leakage, net weight
  40.0Kg ±0.4Kg or 50.0Kg ±0.5Kg per bag. 

  Mark: Name of producer, main nutrients content, standards etc. 

7. Terms of Payment: 

  Payment after delivery and inspection successfully fulfilled, and no disputes
  arisen by both parties. BUYER shall pay SELLER by T/T or Accepted Bill of Draft
  upon invoice. 

 - 77 -

8. SELLER’s Responsibility:

  If the quality inspected of a batch MAP in a month unqualified, but the
  product is accepted and can be used through adjustment, the price shall be recalculated
  down according to its actual N+P2O5 content. If the quality inspected of a batch
  MAP in a month unqualified, and the product is not acceptable, SELLER shall
  be responsible for the whole refusal on its own account.

  9. Other Terms and Conditions:

  If any, shall be negotiated by both parties. All disputes arising in condition
  with the present contract, each party shall have the right to litigate to the
  local Peoples Court of signing place according to <The Contract Law>.

10. This contract has two original copies with
  same legal power, each party holds one copy.

11. Contract fulfill period: Jan.1, 2006 to
  Dec.31, 2006.

  

	THE SELLER

      NAME: Xiangfan Liming Chemical Industrial 

      Co., Ltd. 

      ADDRESS: 47,Daqing East Road, Xiangfan 

      LEGAL REPRESENTITIVE: 

      AUTHORIZED SIGNER: Tan Zhaoming 

      PHONE: .0710-2813177 

      BANK: 

      ACCOUNT NO.: 

      

      POST CODE: 	THE BUYER

      NAME: Qinhuangdao Tianding Chemical 

      Industrial Co., Ltd. 

      ADDRESS: 

      LEGAL REPRESENTITIVE: 

      AUTHORIZED SIGNER: Gao Jianbo 

      PHONE: .0335-3161028 

      BANK: 

      ACCOUNT NO.: 

      VAT NO.: 

      POST CODE: 

 

- 78 -

Schedule 8a

SSP Contract

SELLER: Qinhuangdao Tianfu Chemical Industrial Co., Ltd.

  BUYER: Qinhuangdao Tianding Chemical Industrial Co., Ltd.

Place of signing: Qinhuangdao

  Time of signing: Dec.31, 2005

Through friendly negotiation, the SELLER agrees to sell and the
  BUYER agrees to buy SSP on the following terms and conditions: 

1. Commodity: SSP

2. Specifications:

Apparent status: powder with light and even color, with no obvious
  dust and impurity.

Citric acid soluble P2O5-------------------18.0% min.

  Free sulfuric acid (H2SO4)----------------5.0% max.

  Moisture-------------------------------------8.0% max.

  Solution rate---------------------------------80.0% min.

  Remains after solution---------------------10.0% max. 

3. Delivery time: 

  Delivery period: From Jan.1, 2006 to Dec.31, 2006;

4. Quantity and Price:

  Quantity and Price: To be negotiated and decided by both parties monthly
  according to BUYER’s production requirement and market. To be confirmed
  by BUYER’s fax.

5. Transportation:

  Truck delivery; 

  SELLER shall be in charge of full delivery to BUYER’s storage on its own
  account. 

6. Inspection:

  Quality: By Quality Control Department of BUYER; 

  Quantity: As BUYER received and acknowledged on each delivery. 

7. Terms of Payment: 

  Payment in one month after delivery and inspection successfully fulfilled.

8. SELLER’s Responsibility: 

  If the quality inspected of a batch SSP in a month unqualified, but the
  product is accepted and can be used through adjustment, the price shall be recalculated
  down according to its actual P2O5 content, the quantity shall be recalculated
  down according to its actual moisture; If the quality inspected of a batch SSP
  in a month unqualified, and the product is not acceptable, SELLER shall be responsible
  for the whole replacement on its own account. 

9. Other Terms: If quality problem arise twice
  continually, BUYER shall have the right to stop the supply from SELLER until
  its modification effect has been seen; if quality problem still exist after
  modification, BUYER shall have the right to terminate this contract. 

10. Conditions to follow: If any, shall be negotiated
  by both parties.

11. This contract has two original copies with
  same legal power, each party holds one copy.

12. Contract fulfill period: Jan.1, 2006 to
  Dec.31, 2006.

 - 79 -

	                 
                         THE
      SELLER 	               
                           
       THE BUYER 
	NAME: Qinhuangdao Tianfu Chemical 

      Industrial Co., Ltd. 

      LEGAL REPRESENTITIVE: 

      AUTHORIZED SIGNER: Cui Zhifeng 

      PHONE: .0335-3166986 

      BANK: 

      ACCOUNT NO.: 

      

      POST CODE: 	NAME: Qinhuangdao Tianding Chemical 

      Industrial Co., Ltd. 

      LEGAL REPRESENTITIVE: 

      AUTHORIZED SIGNER: Gao Jianbo 

      PHONE: .0335-3161012 

      BANK: 

      ACCOUNT NO.: 

      VAT NO.: 

      POST CODE: 

  - 80 -

Schedule 8a

Knitted PP Bags Sales Contract

SELLER: Qinhuangdao Tianding Chemical Industrial Co., Ltd.

  BUYER: Sino-Arab Chemical Fertilizers Co., Ltd. (SACF) 

Place of signing: Qinhuangdao

  Time of signing: Dec.25, 2005

  Through friendly negotiation, the SELLER agrees to sell and the BUYER agrees
  to buy Knitted PP Bag on the following terms and conditions:

  1. Commodity: Knitted PP Bag, with or without printing Trade Mark “SACF”
  on it; those bags without printing will be used for raw materials.

  2. Specifications: In accordance to state standard GB/T8947-1998 and
  BUYER’s home requirement <Technical Requirement For Knitted PP Compound
  Plastic Bag> of SACF/ZY SZ-A-04-03 2005. SELLER shall keep alert following
  the edition renewal of above said requirement. Bags without printing shall be
  produced in accordance to related part of it.

  3. Delivery, Quantity:

  Delivery period: From Jan.1, 2006 to Dec.31, 2006;

  Quantity: Produce certain quantity in good quality monthly according to BUYER’s
  production requirement and deliver to BUYER’s warehouse.

  4. Price: 

  	Net 

        indicated (Kg) 
	weight Width (mm) 
	Length (mm) 
	Weight (g) 
	Price (RMB 

        Yuan/bag) 	Suitable for 

	50 	570 	           950
      	           160
      	2.78 	  
	50 	570 	           970
      	           162
      	2.78 	  
	50 	570 	           990
      	           166
      	2.78 	  
	 
	50 	570 	           950
      	           180
      	3.00 	  
	 
	40 	520 	           880
      	           136
      	2.50 	  
	40 	520 	           900
      	           138
      	2.50 	  
	40 	570 	           950
      	           160
      	2.78 	  
	 
	25 	460 	           750
      	           103
      	2.15 	  
	25 	460 	           780
      	           105
      	2.15 	  
	25 	490 	           800
      	           114
      	2.15 	  
	 
	20 	460 	           750
      	           103
      	2.15 	  
	 
	50 

        
	570 

        
	950 

        
	135 

        
	Float to meet 

        the market 
	Raw 

        materials 

        packing 

Price shall be negotiated and confirmed by BUYER’s fax due
  to market vibration and new designing required.

  5. Transportation: 

  Truck delivery; 

  SELLER shall be responsible for full delivery to BUYER’s warehouse appointed
  on its own account. 

  6. Inspection:

  Quality:a) By Quality Control Department of SACF;

               
  b) BUYER has the right to refuse unqualified products or accept them for other
  use in a discounted price (1.30 RMB Yuan/bag for time being);

               
  c) Bags with obvious trimming edge shall be treated as unqualified and must
  be re-trimmed all by SELLER; 

 - 81 -

d) Bags with bad sewing shall be treated
  as unqualified and must be re-sewed all by SELLER; e) If wrong-sized or dirty
  bags to be found mixed in, SELLER shall be responsible for picking them out,
  these bags shall be treated as those mentioned in a); f) Bags with unqualified
  printings and no bad effect for further use can be accepted in lower price of
  0.20 RMB Yuan/bag; g) Bags mixed with other sized in batch shall be separated
  by SELLER and at least 1000 bags extra shall be supplied by SELLER as penalty
  if serious situation happens; h) Unqualified bags appear on the bagging site
  shall be replaced with double quantity by SELLER.

Quantity: As BUYER received and acknowledged on each delivery;
  random sampling method shall be used. Double compensation shall be born by SELLER
  in case of any shortage.

  7. Terms of Payment: 

  Payment in one month after delivery and inspection successfully fulfilled.

  8. Other Terms:

  8.1 A printing plate causing unqualified printing result shall be given
  up as waste; a new plate shall replace it by SELLER in time; 8.2 Selling out
  bags with “SACF” trade mark is prohibited; failure to obey it, SELLER
  shall face legal penalty according to relevant law.

  9. Conditions not mentioned: 

  If any, shall be negotiated by both parties. This contract has two original
  copies with same legal power, each party holds one copy.

  10. Contract fulfill period: Jan.1, 2006 to Dec.31, 2006. 

  	THE SELLER 

        NAME: Qinhuangdao Tianding Chemical

        Industrial Co., Ltd. 

        ADDRESS: 

        LEGAL REPRESENTITIVE: 

        AUTHORIZED SIGNER: 

        PHONE: .0335-3161029 

        BANK: 

        ACCOUNT NO.: 

        VAT NO.: 
	THE BUYER 

        NAME: Sino-Arab Chemical Fertilizers Co., 

        Ltd. (SACF) 

        ADDRESS: 

        LEGAL REPRESENTITIVE: 

        AUTHORIZED SIGNER: 

        PHONE: .0335-3161114 

        BANK: 

        ACCOUNT NO.: 

        VAT NO.: 

 - 82 -

Schedule 8b

Loan Contract 

  China Communication Bank

Loan Contract 

Borrower: Xinjiang Tianren Chemical Co., LTD 

Legal representative: Cheng Zhiguang 

Legal Address: Xinjiang Wulabai

  Mail Address: Same as above

  Loaner: China Communication Bank Urumqi Banch

  Principal: Zhao Tong

  Mail Address: China Communication bank Dongfeng Branch

  Whereas the borrower apply to quota of the accepted bank note from the Loaner,
  in order to make clear responsibility and obligation for both side, set up this
  contract hereafter. 

	1. 	 Loan

	1.1 	 Currency: RMB

	1.2 	 Sum: five million RMB only

	1.3 	 For working capital only

	2. 	 Interest rate and payment of interest

	2.1 	 Interest rate: 6.138% year, daily rate=Monthly rate/30,
        monthly rate=yearly rate/12.

	2.2 	 The calculation of the interest rate:

	2.2.1 	 Contract interest rate×sum×day, day calculate
        from the day loan release to the contract end date.

	2.2.2 	 If the loan over the contract period, the interest will
        increase 20%.

	2.3 	 Payment of the interest: 20th of last month
        of the quarter, 20th of every month

	3. 	 Loan release and return

	3.1 	 Loan release date: April 12, 2006, loan sum: five million
        RMB only

	3.2 	 Before the borrower meet the following requirements,
        the loaner has right to release the loan:

	3.3 	 Actual loan release date and sum is following the loan
        voucher

	3.4 	 Loan return date: April 12, 2007, Return sum: five million
        RMB only

	3.5 	 If the loaner disagree to accept the loan return before
        the return date, the borrower can not return the loan.

	4. 	 The statement and guarantee of the borrower

	5. 	 The right and obligation of the loaner

	6. 	 The obligation of the borrower

	7. 	 The others

	8. 	 The earlier return date of the loan

	9. 	 The breach of the contract

	10. 	 Deduct plight

	11. 	 Dispute settle

	12. 	 Other items

Borrower: Xinjiang Tianren Chemical Co., LTD

Legal representative: Cheng Zhiguang 

Date: April 20, 2006 

  Loaner: China Communication Bank Urumqi Banch

  Principal:

  Date: April 20, 2006 

- 83 -

Schedule 8b

Guarantee contract

(Corporation and other organization as guarantor)

China Communication Bank

Guarantee contract 

Gurantor: Xinjiang Xinhua Chemical Fertilizers Co., LTD 

Legal representative: Tian Yibin 

Legal Address: Xinjiang Wulabai

  Mail Address: Same as above 

Loaner: China Communication Bank Urumqi Banch

  Principal: Zhao Tong

  Mail Address: China Communication bank Dongfeng Branch 

Whereas Xinjiang Tianren Chemical Co., LTD (as borrower) and
  China Communication Bank Urumqi Baranch(as loaner) signed the contract No. A060100102
  for the loan( as main contract), Guarantor will provide guarantee for realizing
  this main contract.

  In order to make clear responsibility and obligation for both side, set up this
  contract hereafter. 

	1. 	 Guarantor will pay the sum under the main contract if
        the borrower fail to return the loan: Currency: RMB, Sum: five million
        only, interest rate: 6.138%, return date: April 12, 2007.

	2. 	 Guarantee responsibility

	2.1. 	 The guarantee under this contract is related responsibility

	2.2. 	 The scope of the guarantee is including: loan, interest,
        penalty, and other expense such as lawyer’s expenses and so on.

	2.3. 	 Guarantee period is after 2 years of the return date.

	2.4. 	 This contract is independent from the main contract.

	3. 	 The statement and guarantee of the guarantor

	4. 	 The obligation of the guarantor

	5. 	 Deduct plight

	6. 	 Dispute settle

	7. 	 Other items

Guarantor: Xinjiang Xinhua Chemical Fertilizers Co., LTD Legal
  Representative: Tian Yibin Date: April 12, 2006 

Loaner: China Communication Bank Urumqi Branch

  Principal: 

  Date: April 12, 2006

- 84 - 

Schedule 8b

Due Bill

According to the contract No. A0601000102, Xinjiang Tianren Chemical
  Co., LTD( Borrower) apply five million RMB loan from China Communication Bank
  Urumqi Branch,

We as borrower and guarantor have understood all the items and
  promise the following: The content is omitted 

See standard terms in the final agreement (Chinese version) 

Borrower: Xinjiang Tianren Chemical Co., LTD

  Legal Representative: Cheng Zhiguang 

Guarantor: Xinjiang Xinhua Chemical Fertilizers Co, LTD

  Legal Representative: Tian Yibin 

Date: April 12, 2006

 

- 85 - 

Schedule 8b

RMB fund loan contract

China Construction Bank stock Co., LTD Urumqi Huanghe Road
  Branch

Borrower: Xinjiang Tianren Chemical Co., LTD

  Loaner: China Construction Bank stock Co., LTD Urumqi Huanghe Road Branch

  The borrower apply to the loan from the loaner and the loaner agree to release
  the loan. According the related law and regulations, the borrower and the loaner
  sign the contract hereafter: 

	1. 	 Loan sum: 8000000(eight million only)

	2. 	 Purpose for the loan: Working capital

	3. 	 Loan period: 12 months, April 28th 2006 to April 27th,
        2007

	4. 	 Loan interest, penalty interest and interest start and
        end:

		 Monthly interest 0.53625%, if the borrower do not use
        the loan as working capital, the monthly interest is: 1.0725%, if the
        borrower can not return back the loan in time, the monthly interest is:
        0.804375%.

	5. 	 Loan release and use

	6. 	 Loan return

	7. 	 The guarantee for the loan: Guarantee.

	8. 	 The responsibility and obligation for the borrower

	9. 	 The responsibility and obligation for the loaner

	10. 	 The responsibility for the contract breach

	11. 	 The others

	12. 	 Dispute

	13. 	 The contract into effect

	14. 	 Four original copies of the contract

	15. 	 Declaration

Borrower: Xinjiang Tianren Chemical Co., LTD

  Loaner: China Construction Bank stock Co., LTD Urumqi Huanghe Road Branch

- 86 - 

Schedule 8b

SALES & PURCHASE CONTRACT

SELLER:XINJIANG AGRICULTURAL MEANS 0F PRODUCTION (GROUP) CO.,LTD.(hereinafter
  referred to as the “SELLER”)

  BUYER: XINJIANG TIANREN CHEMICAL INDUSTRY CO.LTD. (hereinafter referred to as
  the “BUYER”)

PLACE OF SIGNATURE: XINJIANG TIANREN CHEMICAL INDUSTRY CO.LTD.
  

  PLACE OF PERFORMANCE: XINJIANG TIANREN CHEMICAL INDUSTRY CO.LTD. 

  DATE: JAN.6th, 2006 

This contract is made out by and between the Buyers and Sellers,
  whereby the Buyers agree to buy and the Sellers agree to sell the undermentioned
  goods to the terms and conditions as stipulated below: 

1.NAME OF COMMODITY 

  	

        Commodity 
	

        Brand 
	

        Origin 
	

        Quantity 

        (MT) 	

        Unit Price 

        (RMB/MT) 	

        Total Amount 

        (RMB) 
	MAP 
	SHUANG 

        YING 	SI CHUAN 
	1,500 
	1,650 

        CPT 	2,475,000 

	Time of Delivery: Jan.6—Feb.3,2006
        

	IN WORD 

        (RMB) 	TWO MILLION FOUR HUNDRED SEVENTY FIVE
        THOUSAND 

2. SPECIFICATION: --Available P2O5 > 44%

Of which Water Soluble P2O5 >
  80%

--Total Nitrogen > 10%

  --Moisture < 3% 

  --Residue < 5% 

  --Solubility > 90%

  --Total Nutrient(Available P2O5+Total Nitrogen ) > 55

White powder, Uniform in color, No visible
  impurity

3. TRANSPORTATION & UNIT PRICE: 1650RMB/MT CPT Special Railway
  Line of XINJIANG XINHUACO.,LTD.,SANGEZHUANG, WULUMUQI, XINJIANG.. The Seller
  shall take the responsibility for the transportation formalities and freights.

4. PAYMENT: By Banker’s Acceptance Bill, Discount charges
  if any should be borne by the Seller. 50% of payment for goods by advance, the
  balance amount remit to the Seller within 7 days after the goods arrival and
  inspection. 

5. INSPECTION: As per the specifications stipulated in Article
  2 

5.1 Packing: In PP/PE bag, 50 (+/-0.4)
  kg net weight

  5.2 Quantity: Subject to the receipt of railway authority. Shortage if any should
  be borne by the Seller provided that the Buyer showing the Commercial Act within
  7 days for the Seller’s confirmation.

5.3 In case the quality of the inspected goods is not conforming
  to the specifications described in Article 2 , the BUYER shall inform the SELLER
  within 3 days after the goods arrival. If the SELLER fail to respond and act
  in time, then the goods is deemed unqualified.

6. PENALITY CLAUSE: 

6.1 In case the quality of goods found not in accordance to the
  specifications, the

Buyer shall inform the Seller within 12 hours. In case the content
  of the inspected total nutrient is less than 55%, the payment for goods shall
  be counted at the amount of “F” as follows: 

	 	A: 	 Specified Content

	 	B: 	 Inspected Content

	 	C: 	 The price for A: 1650RMB/MT

	 	D: 	 The price for B: D=C*B/A

	 	E:	The inspected cargo quantity

- 87 -

 

	 		 F: The amount of payment: F=D*E

	 		 In case the content of the inspected total nutrient
        is less than 53%, the goods shall be entirely rejected by the Buyer.

	 	6.2 	 The quantity of the goods shall be subject to the receipt
        of railway authority. Shortage if any should be borne by the Seller subject
        to the Commercial Act.

7. ARBITRATION: All disputes in connection with this contract
  or the execution thereof shall be settled by amicable negotiations. In case
  no settlement can be reached, the case under dispute can then be submitted to
  the Court for judgement , pursuant to the LAW OF CONTRACT. 

8. THIS contract is made out in two originals , each party holding
  one as evidence thereof after signing. The fax copy has the equivalent effectiveness
  as the originals. 

9. DURATION: This agreement shall commence on Jan 6th,
  2006 and remain effective until Feb 3rd, 2006.

	THE SELLER 	THE BUYER 
	 	 
	-------------------------------- 	           -------------------------------------
    

- 88 -

Schedule 8b 

SALES & PURCHASE CONTRACT 

SELLER:XINJIANG AGRICULTURAL MEANS 0F PRODUCTION (GROUP) CO.,LTD.(hereinafter
  referred to as the “SELLER”)

  BUYER: XINJIANG TIANREN CHEMICAL INDUSTRY CO.LTD. (hereinafter referred to as
  the “BUYER”)

PLACE OF SIGNATURE: WULUMUQI, XINJIANG CONTRACT NO.: 20060306
  DATE: MAR.,6th, 2006 

This contract is made out by and between the Buyers and Sellers,
  whereby the Buyers agree to buy and the Sellers agree to sell the undermentioned
  goods to the terms and conditions as stipulated below: 

1. NAME OF COMMODITY 

	Commodity 
	Brand 
	Origin 
	Quantity 

      (MT) 	Unit Price 

      (RMB/MT) 	Total Amount 

      (RMB) 
	MAP 

      
	SHUANG 

      YING 
	SI CHUAN 

      
	3,000 

      
	1,760 

      CPT SANGEZH 

      UANG 	5,280,000 

      

	Time of Delivery: Mar.10—Apr.25,2006 	  	  	  
	IN WORD 

      (RMB) 	FIVE MILLION TWO HUNDRED EIGHTY THOUSAND
      

10. SPECIFICATION: National Standard GB10205-2001 to be applied.
  --Available P2O5 > = 44% Of which Water Soluble P2O5 > = 80% --Total Nitrogen
  > = 10% --Moisture < = 3% --Residue < = 5% --Solubility > =90% --Total
  Nutrient(Available P2O5+Total Nitrogen ) > = 55% White powder, Uniform in
  color, No visible impurity 

11. PACKING: In 50 kg PP/PE bag. Non-recycle. 

12. TRANSPORTATION & UNIT PRICE: The Seller shall take the
  responsibility for the formalities of railway transportation and freights. 

Destination: Special Railway Station of XINHUA, SANGEZHUANG 

Consignee: XINJIANG AGRICULTURAL MEANS 0F PRODUCTION (GROUP)
  CO.,LTD. 

13. PAYMENT: By Banker’s Check. The Buyer shall remit the
  payment within 7 working days after receipt of each batch of 10 wagons of goods
  . If not, the interest of 0.0001782 per day shall be borne by the Buyer. The
  Buyer shall remit the payment as well as the interest within 10 working days
  after receipt of total 3000mt of goods. It deemed as a break of contract in
  case the Buyer fail to pay in time.

14. INSPECTION:

6.1 Packing: In PP/PE bag, 50 (+/-0.5)
  kg net weight

  6.2 Quantity: The Seller shall provide to the Buyer 0.3% of total quantity as
  the natural loss. Shortage over the natural loss if any should be borne by the
  Seller subject to the Commercial Act issued by the railway authority.6.3 Quality:
  As per the specifications stipulated in Article 2 

6.4 In case the quality of the inspected goods found not conforming
  to the specifications described in Article 2 , the BUYER shall inform the SELLER
  within 2 days after the goods arrival. If the SELLER fail to respond and act
  within 12 hours, then the goods is deemed unqualified. In case the content of
  the inspected total nutrient is less than 55%, the payment for goods shall be
  counted at the amount of “F” as follows: 

- 89 -

	 	A: 	 Specified Content

	 	B: 	 Inspected Content

	 	C: 	 The price for A: 1650RMB/MT

	 	D: 	 The price for B: D=C*B/A

	 	E: 	 The inspected cargo quantity

	 	F: 	 The amount of payment: F=D*E

In case the content of the inspected total nutrient is less than
  53%, the goods shall be entirely rejected by the Buyer. 

15. ARBITRATION: All disputes in connection with this contract
  or the execution thereof shall be settled by amicable negotiations. In case
  no settlement can be reached, the case under dispute can then be submitted to
  the Court for judgement , pursuant to the LAW OF CONTRACT. 

16. THIS contract is made out in two originals , each party holding
  one as evidence thereof after signing. The fax copy has the equivalent effectiveness
  as the originals. 

	THE SELLER 	THE BUYER 
	 	 
	-------------------------------- 	           -------------------------------------
    

 

- 90- 

Schedule 8b

Agreement on Using Xinhua’s Resource

  Between Xinjiang Tianren Chemical Industrial Liability Co., Ltd. And

  Xinjiang Xinhua Chemical Fertilizer Liability Co., Ltd. 

In order to promote the mutual development of Xinjiang Xinhua
  Chemical Fertilizer Liability Co., Ltd. (hereinafter referred to as Xinhua
  Co.) And Hebei Tianren Chemical Industrial Stock Co., Ltd. (hereinafter
  referred to as Hebei Tianren Co.), Xinjiang Tianren Chemical Industrial Liability
  Co., Ltd. (hereinafter referred to as Xinjiang Tianren Co.) has come
  into existence at Wulabo, Urumchi in Jun. of 2003 by Xinhua Co., Hebei
  Tianren Co. and seven natural person share holders. Based on friendly consultation,

Xinjiang Tianren Co. and Xinhua Co. both agree
  that Xinjiang Tianren Co. shall use Xinhua Co.’s resource
  on price terms and way of using listed here below: 

1. Xinjiang Tianren Co. shall use Xinhua Co.’s
  extension railway line for the raw materials and finished products transportation
  at the price of 2.85 yuan per metric ton, as the cost of Xinhua Co.’s
  various services on the extension line to Xinjiang Tianren Co.. The price
  may be subject to change by negotiations between two parties when the freight
  standard of the Railway Bureau of Urumchi changed; the new price shall be valid
  from the same date of starting changing the freight standard.

  2. Xinhua Co. shall supply electricity power for daily production usage
  to Xinjiang Tianren Co..The Kwh meterage price shall be charged according
  to Greater Industry Expansion Electricity Charging Policy especially given to
  Xinhua Co. by the Xinjiang Autonomic Region Electricity Administration
  Bureau, the basic price shall be charged by shared electricity consumption of
  two parties. If it is disagreed by the Xinjiang Autonomic Region Electricity
  Administration Bureau, both parties shall work together to negotiate with them,
  a way of transfer power supply is preferred.

  3. Xinhua Co. shall supply water for daily production usage to Xinjiang
  Tianren Co. at its cost (workshop process cost of Xinhua Co. and
  additional charge regulated by state’s policy are included, no Value Added
  Tax). 

  4. Xinhua Co. shall supply compressed instrumental air (normal pressure
  is 0.6Mpa) for daily production usage to Xinjiang Tianren Co. at its
  workshop cost (no Value Added Tax). 

  5. Xinhua Co. shall supply steam (normal pressure is 0.8Mpa) for daily
  production usage to Xinjiang Tianren Co. at its workshop cost predicted
  in the beginning of each year (no Value Added Tax). 

  6. Xinhua Co. shall supply liquid ammonia for daily production usage
  to Xinjiang Tianren Co. at the price of 1300 yuan/ton (no Value Added
  Tax). The price may be subject to change through negotiations between two parties
  when the prices of raw materials and power changed. 

  7. Xinhua Co. shall supply liquid urea and liquid ammonia nitrite for
  daily production usage to Xinjiang Tianren Co.. The price of liquid urea
  (concentration not less than 99%) shall be 10% down from the lowest average
  exit-plant price of bagged urea each month between those produced by Urumchi
  Petrol Chemical Co. and those produced by Xinhua Co.; The price of liquid
  ammonia nitrate shall be based on above said price of liquid urea, its calculated
  unit price of each Nitrogen (N) plus 1 yuan, then multiplied by total Nitrogen
  (N) in liquid ammonia nitrate. 

  8. Xinhua Co. shall supply natural gas for daily production usage to
  Xinjiang Tianren Co. at the same price of Xinhua Co. purchasing
  from outer suppliers (Xinhua Co. shall provide the valid natural gas
  contract signed with outer suppliers). 

  9. Xinhua Co. shall guarantee to supply above said resources
  to Xinjiang Tianren Co. in proper quality, and to meet all production
  requirement of Xinjiang Tianren Co.

  10.  Quantity meterage: 

  10.1  Kwh power meters shall be adopted for electricity consumption
  calculation; 

  10.2  Orifice flowmeters shall be adopted for compressed instrumental air
  consumption calculation; 

  10.3  Vortex flowmeters with pressure compensation shall be adopted for
  steam consumption 

  calculation; 

  10.4  Orifice flowmeters shall be adopted for natural gas consumption calculation.
  The final quantity 

  shall be calculated in according to the mutually agreed measure made by Xinhua
  Co. and Natural Gas 

  Supply Co. in the Gas Supply Contract; 

  10.5  Mass flowmeters shall be adopted for liquid ammonia consumption calculation;
  

  10.6  Mass flowmeters shall be adopted for liquid urea and liquid ammonia
  nitrate consumption 

  calculation;

  

- 91 -

	10.7 	 Water gauge shall be adopted for water consumption calculation;

	 	 
	10.8 	 All meterage instruments installed within the Xinhua
        Co.’s boundary shall be used for normal

 

10.7  Water gauge shall be adopted for water consumption
  calculation; 

  10.8  All meterage instruments installed within the Xinhua Co.’s boundary
  shall be used for normal calculation; these instruments shall be purchased by
  Xinhua Co. and to be treated as its assets. Similar meterage instruments
  shall be installed at Xinjiang Tianren Co.’s side and used as reference.
  When the readings of a pair show more than 2% difference, both parties shall
  remove the pair instruments and send them out for calibration together;

  10.9 Railway transportation quantity shall be based on the freight delivery
  bill and receiving bill from local railway administration bureau;

  11. Xinhua Co. shall lease the No.4 railway platform to Xinjiang Tianren
  Co. at the price of annual 30,000 yuan. This price shall be negotiated and
  subject to change when the state changes its policy on state-run assets management.
  Xinhua Co. still can use the No.4 platform if it is vacant.

  12. Payment terms: Xinjiang Tianren Co. and Xinhua Co. shall authorize
  representatives to check and confirm “the Resources Consumption Data List”
  (for temporary name), the payment shall be done by transfer every month.

  13. Xinjiang Tianren Co. shall be responsible for the construction of
  all feeding facilities of above said liquid urea, liquid ammonia nitrate, electricity,
  water, instrument air, steam, natural gas, liquid ammonia (temporarily not to
  be fulfilled) etc. on its own cost. Xinhua Co. shall be responsible to
  manage built facilities in normal working state on its own expense.

  14. Xinjiang Tianren Co. shall have buying priority if Xinhua Co.
  plan to sell its granulator tower for reasons.

  15.  The executing period of this agreement shall be 30 years from the
  date of signing. 

  16.  Both parties through friendly consultance shall decide other terms
  and conditions not mentioned in this agreement. 

  17. This agreement has six original copies, each party holds three copies and
  shall be valid from the date of representative’s signing of both parties
  and sealed. 

Xinjiang Tianren Chemical Industrial Liability Co., Ltd. Legal
  Representative: (Authorized Person): 

Xinjiang Xinhua Fertilizers Liability Co., Ltd

Legal Representative:

  

  (Authorized Person): 

Place of Signing: Xinjiang Xinhua Fertilizers Liability Co.,
  Ltd, Wulabo, Urumchi, Xinjiang

Date of Signing: Jul.7, 2003 

- 92 - 

Schedule 8b

Contract for quota of the accepted bank note

Proposer: Xinjiang Tianren Chemical Co., LTD

Legal representative: Cheng Zhiguang 

Legal Address: Xinjiang Wulabai

  Mail Address: Same as above 

Acceptor: China Communication Bank Urumqi Branch

  Principal: Zhao Tong

  Mail Address: China Communication bank Dongfeng Branch 

Whereas the proposer apply to quota of the accepted bank note
  from the acceptor, in order to make clear responsibility and obligation for
  both side, set up this contract hereafter. 

	1. 	 The quota of the accepted bank note

	1. 	 1

	1. 	 2 Quota: ten million RMB only

	1. 	 3 The purpose: for bank note

	1. 	 4 From March 07, 2006 to September 07, 2007

	1. 	 5

	2. 	 The use of the quota

	3. 	 Recognizance: The interest for the recognizance is following
        the current deposit.

	4. 	 Commission charge for the acceptance: 0.05%

	5. 	 The statement and guarantee from the proposer

	6. 	 The right and obligation of the acceptor

	7. 	 The obligation of the proposer

	8. 	 The others

	9. 	 The adjustment of the quota

	10. 	 Breach of the contract

	11. 	 Deduct plight

	12. 	 Dispute

	13. 	 Other Items

Proposer: Xinjiang Tianren Chemical Co., LTD

Legal representative: Cheng Zhiguang 

Date: March 7, 2006 

Acceptor: China Communication Bank Urumqi Banch Principal: Date:
  March 7, 2006 

- 93 - 

Schedule 8b

MOP Contract

SELLER: Qinghai Salt Lake Potash Sales Company Northwest Liaison
  Office Shaanxi Futian Argricultural Means Co., Ltd. 

  BUYER: Xinjiang Tianren Chemical Industrial Co., Ltd. 

Through friendly negotiation, the SELLER agrees to sell and the
  BUYER agrees to buy MOP on the following terms and conditions: 

1. Commodity: 

  	NAME 
	TRADE 

        MARK 	ORIGIN 
	UNIT 
	QUANTITY 
	UNIT 

        PRICE 	TOTAL 

        PAYMENT 
	MOP 

        (powder) 

        

        
	Yanqiao 

        

        

        
	Qinghai 

        

        

        
	Ton 

        

        

        
	600 

        

        

        
	1790 

        (Yuan) to 

        destination 

        (freight 

        included) 	1,074,000 

        (Yuan) 

        

        

	Time of delivery: from Apr.12, 2006 to Apr.25,
        2006 
	Total payment say one million and seventy-four
        thousand only 

2. Specifications:

In accordance to state standard GB6549-1996 <MOP>; 

Apparent status: white even color powder, with no obvious dust
  and impurity, with Inner PE film bag plus outer knitted PP bag packing;

Net weight 50Kg±0.5Kg per bag;

K2O-------------------------60% min. 

Moisture--------------------3.0% max.

3. Delivery: 

Delivery destination: Xin-Hua extension railway line, Sangezhuang
  Railway Station, Urumqi. 4. Transportation: 

Freight train delivery to Sangezhuang Railway Station, Urumqi
  on SELLER’s account;

5. Inspection: comply with item 2 of this contract.

  

  5.1 Packing: Inner PE film bag plus outer knitted PP bag without leakage, net
  weight as per standard. If any 

  quality problem found by BUYER, SELLER shall be informed within 3 days; total
  refund shall be paid by 

  SELLER when the quality problem has been confirmed. 

5.2 Quantity: As indicated on the freight bill. If any shortage
  occurs, BUYER shall collect all transportation records from the railway station
  and ask for SELLER’s acknowledgement within 7 days; all shortage and losses
  compare to the freight bill shall be born by SELLER if confirmed. 

 - 94 -

6. Terms of Payment: 

Payment ahead of delivery; 

SELLER shall complete the delivery of above listed commodity
  before dead date, Apr.30, 2006 as BUYER required. Failure to do so and causing
  plant shut down due to its shortage, all relevant losses shall be born by SELLER.

7. SELLER’s Responsibility: 

In accordance to state <The Contract Law>. 

8. Conditions not mentioned: 

If any, shall be friendly negotiated by both parties. All disputes
  arising in condition with the present contract, each party shall have the right
  to litigate to the local Peoples Court of obey-contract-party’s place according
  to <The Contract Law>. 

9. Other Terms: This contract may come into force after
  signed and sealed by both parties; fax copy may have same legal power to original
  copies. 

	                 
                       THE SELLER
    	THE BUYER 
	NAME: Qinghai Salt Lake Potash Sales 

      Company Northwest Liaison Office 

      Shaanxi Futian Argricultural Means 

      Co., Ltd. 

      ADDRESS: 99, Heping Road, Xi’an 

      LEGAL REPRESENTITIVE: 

      AUTHORIZED SIGNER: 

      PHONE: 029-87206195 

      BANK: 

      ACCOUNT NO.: 

      

      POST CODE: 	NAME: Xinjiang Tianren Chemical Industrial 

      Co., Ltd. 

      

      

      ADDRESS: Wulabo, Urumqi, Xinjiang 

      LEGAL REPRESENTITIVE: 

      AUTHORIZED SIGNER: 

      PHONE: 

      BANK: 

      ACCOUNT NO.: 

      VAT NO.: 

      POST CODE: 

- 95 -

Schedule 8b

SALES & PURCHASE CONTRACT

SELLER:XINJIANG AGRICULTURAL MEANS 0F PRODUCTION (GROUP) CO.,LTD.(hereinafter
  referred to as the “SELLER”)

  BUYER: XINJIANG TIANREN CHEMICAL INDUSTRY CO.LTD. (hereinafter referred to as
  the “BUYER”)

PLACE OF SIGNATURER: XINJIANG TIANREN CHEMICAL INDUSTRY CO.LTD.

  PLACE OF PERFORMANCE: XINJIANG TIANREN CHEMICAL INDUSTRY CO.LTD. DATE: APR.30th,
  2006

  This contract is made out by and between the Buyers and Sellers, whereby the
  Buyers agree to buy and the Sellers agree to sell the undermentioned goods to
  the terms and conditions as stipulated below: 

1.NAME OF COMMODITY

  	

        Commodity 	

        Brand 	

        Origin 	Quantity 

        (MT) 	Unit Price 

        (RMB/MT) 	Total Amount 

        (RMB) 
	MOP 

        POWDER 	
	Russia 
	1,000 
	1,790 

        CPT 	1,790,000 

	Time of Delivery: Apr.30—May.10,2006 	  	  	  
	IN WORDS 

        (RMB) 	 

        ONE MILLION SEVEN HUNDRED NINTY THOUSAND

17. SPECIFICATION: NATIONAL STANDARD GB6549-1996(MOP) to be applied.

--K2O > 60%

  --Moisture < 2%

       White powder, Uniform in color, No visible impurity
  In PP/PE bags , 50(+/-0.5) kg net weight

18. DELIVERY TO: Special Railway Line of XINJIANG XINHUACO.,LTD.,
  SANGEZHUANG, WULUMUQI, XINJIANG..

  19. PAYMENT: By Banker’s Check issued on May.25,2005. 

  20. INSPECTION: As per the specifications stipulated in Article 2.

5.1 Packing: In PP/PE bag without leak.

  5.2 In case the quality of the inspected goods is found not conforming to the
  specifications described Article 2 , the BUYER shall inform the SELLER within
  3 days after the goods arrival. In case the quality of goods confirmed not in
  accordance to the specifications, The Buyer have the right to reject the goods
  or ask for a discount from the Seller as per the certificate of quality issued
  by the Buyer. 

21. PENALITY CLAUSE: As per the LAW OF CONTRACT. 

22. ARBITRATION: All disputes in connection with this contract
  or the execution thereof shall be settled by amicable negotiations. In case
  no settlement can be reached, the case under dispute can then be submitted for
  arbitration. 

23. THIS contract is made out in two originals , each party holding
  one as evidence thereof after signing. The fax copy has the equivalent effectiveness
  as the originals. 

	THE SELLER 	THE BUYER 
	 	 
	-------------------------------- 	           -------------------------------------
    

- 96 -

Schedule 8c

ADDENDUM TO THE AGREEMENT OF EXCLUSIVE SALES

In connection with and integrated to the Agreement of Exclusive
  Sales between SINO-ARAB CHEMICAL FERTILIZERS CO.,LTD. (hereinafter referred
  to as the “SELLER”)and HEBEI TIANREN CO.,LTD. (hereinafter referred
  to as the “BUYER”) which commence on Oct., 1ST, 2004 and
  remain effective until Dec 31st, 2007. , both parties hereby agree
  to make an addendum subject to the terms and conditions as stipulated below:

1. The Seller appoint the Buyer as the sole agent for marking
  in China and will not sell any products to the third party in china during the
  period of the agreement. 

2. The Seller guarantee that

a) The Buyer will obtain a gross profit margin as well as a return
  on assets not less than the average level of industry during the period of agreement.

  b) The Buyer have the ability to pay the following charges:

  --Salary (should be accepted by the Seller)

  --Insurances

  --Welfare

  --Duty and Tax

  --Interest

  --Advertisement

  --Bonus

  --Transportation, etc. 

3. The Buyer shall reimburse the payment to the Seller in time
  after selling the products. 

4. Others terms and conditions remain unchanged subject to the
  Agreement of Exclusive Sales.

5. This addendum shall remain effective as the same duration
  as the main agreement.

- 97 -

Schedule 8c

Exclusive Selling Agreement of “SACF” Series Products

  Agreement No.:

SACF/XS041001A 

Agreement Signing Date:

Oct. 1, 2004

Party A: Sino-Arab Chemical Fertilizers Co., Ltd.

  Party B: Hebei Tianren Agricultural Franchise Co., Led. 

     In order to take full advantage
  of the Party B’s marketing network, and to achieve Party A’s “zero
  stock remaining” selling target, it is agreed as hereunder described Exclusive
  Selling Agreement by the Party A and Party B through consultation: 

	1. 	 Exclusive Selling of “SACF” Series Product:

	 	 
		 In the agreement term, the Party A shall arrange to
        produce “SACF’ series products according to the Party B’s
        plan. The Party B shall buy deal “SACF’ series products by minimum
        quantity as follows: 

 

  	Year 	2005
      	2006
      	2007
      
	Quantity (ten 

        thousand tons) 	

        100 
	

        105 
	

        105 

	2. 	 Specification:

	 	 
	 	 The Party B shall bring up the product specifications and year demand
        plan according to the market demands. The Party A shall confirm the year
        demand plan brought up by the Party B

      The Party B shall fill in the “SACF” sales form as the purchase
        attestation.

	 	 
	3. 	 Price and Expense:

	 	 
	 	Price settlement according to the first non-transfer national train station
      or first non-transfer discharging port stipulated the delivery price. The
      Party A shall bear the loading fee, train (port) freight, the THC, insurance.
      The captioned fee included the settlement price. The sales price stipulated
      by the two parties. 
	 	 
	4.	Quality Standard: 
	 	 
	 	The national standard and the Party A’s inner controlling standard
      shall be adopted. 
	 	 
	5.	Packing Standred:
	 	 
	 	The packing and pattems designed by the Party B shall be adopted.
	 	 
	6.	Delivery Place: 
	 	 
	7.	Hand over and Inspection: 
	 	 
	 	The Party B can deliver and inspection the goods at the captioned place.
      The Party A shall be liable for any moisture, damage, and loss of the goods
      according to the note issued by the train station or by the discharging
      port. The Party B can as the agent for the Party A make a claim to the train
      station or the carrier. 

 - 98 -

The Party B has the right to untread
  the goods when found quality question, specifitions question. The untreading
  expense shall be born by the Party A. The Party B shall settle and liable for
  any question. 

	8. 	 Payment Terms

	 	 
		 The Party B’s payment shall be made in cash or
        bank acceptance. Payment time must be according to the promissory time
        by the two parties.

	 	 
	9.	 Franchise Terms:
	 	 
	 	The Party B has the right to sell series of “SACF’ products
      in China. The Party A shall promise that will not sell series of “SACF’
      products to the third party in China. If changed, both two parties shall
      settle through friendly consultations. 
	 	 
	10.	Breach of Contract: 
	 	 
	 	In term of this agreement, a Party breaches the agreement, the aother
      party has the right to make a claim or terminate the agreement.
	 	 
	11.	Settlement of Disputes:
	 	 
	 	All disputes arising from the execution of this agreement shall be settled
      through friendly consultations. In case no settlement can be reached, each
      party has the right to litigate to the local peoples court of Party B.
	 	 
	12.	Duration of Agreement: From Oct.1, 2004 to Dec.31, 2007

 

	The Party A (seal) 	         The Party B (seal)
    
	Legal Person: 	   Legal Person 
	Attorney: 	Attorney: 

 

 - 99 -

Schedule 8c

General NPK Marketing Agreement 

With Whole Sellers in North East China

contract No.: SACF/XS06 B

This agreement is made by and between Tianren Agricultural Franchise
  Co. (hereinafter referred to as Party A) and --------------------- (hereinafter
  referred to as Party B).

WHEREAS, Party A entrust Party B to sell Party A’s serial
  NPK products with brand name of “SACF” and “Tianren”. 

THEREFORE, in consideration of the premises and the mutual benefits
  expressed herein, the parties agree as follows: 

	I. 	  
	 Marketing Area and Subscribe Quantity:
	 	 
		 1. 
	 Party A agrees Party B to be the sole marketing agent of “SACF”
      and “Tianren” NPK products in here listed areas, Party B guarantees
      to accomplish the subscribe quantity in certain period regulated in this
      agreement. Party A will take proper measures to protect Party B’s rights
      as the sole agent in this area.

  	Sole marketing Area (details) 	he 	he 	he 	sh 	gu 	gd 	dd 	dd 	dd 	dd 	dd 
	Maximum Subscribe Qty (T) 	  	  	  	  	  	  	  	  	  	  	  
	Normal Subscribe Qty (T) 	  	  	  	  	  	  	  	  	  	  	  
	Characters of the Market 	  	  	  	  	  	  	  	  	  	  	  
	Sole marketing Area (details) 	  	  	  	  	  	  	  	  	  	  	Total 
	Maximum Subscribe Qty (T) 	  	  	  	  	  	  	  	  	  	  	  
	Normal Subscribe Qty (T) 	  	  	  	  	  	  	  	  	  	  	  
	Characters of the Market 	  	  	  	  	  	  	  	  	  	  	  

	2. 	 The monthly sales quantity of every municipal/county
        grade dealers in Party B’s solely marketing area will be negotiated
        with Party A separately. Party A will interfere with the dealing business
        of “SACF” and “Tianren” NPK products in case Party
        B fails to reach the settlement in consecutive 3 months and the accumulative
        loss reaches 30% of the planned sales quantity, followed by withdrawing
        the qualification of Party B as the sole marketing agent in this city/county.
        Further, the total sales quantity of this city/county in the whole year
        doesn’t reach the maximum subscribe quantity of this area, Party
        A will in due withdraw the qualification of Party B in this area while
        signing the sales agreement of next year.

II. Pricing

	1. 	 The settlement price Party A allows Party B will depend
        on the market situation and will be notified by Party A.

	 	 
	2. 	 The pricing term will be the net price before reaching
        the first national railway station nominated by Party B, which means party
        A will bear loading, transportation fees of railway station and insurance
        fees. Other railway transportation fees occurred after the first national

 - 100 -

railway station will be borne by Party
  B.

	III. 	 Consignment and Connection

	 	 	 
		1. 	 The varieties of NPK products, quantity, destination
        station and consignee should be submitted to Party A in here attached
        form of “SACF” and “Tianren” NPK Consignment Direction.
        This form should be sent to Party A (fax document will also be effective)with
        seal of the unit. After it is confirmed by Party A, it will be considered
        as a part of this agreement and keep same effectiveness of the agreement.
        Party A will try to delivery the mentioned products within 30 days after
        confirmation.

	 	 	 
		2. 	 The delivery site will be the special railway of “SACF”
        and “Tianren” producing factory. While delivery, both representatives
        from Party A and B should present to supervise the loading at the station.
        If Party B couldn’t have representative to make site supervision,
        the delivery quantity will be calculated in line with the “Railway
        Delivery Record” of Party A. In the course of transportation, once
        wet, shortage and damage etc. occurred, Party B should contact railway
        management and public security department to supervise the unloading,
        if serious damage occurred, Party B should asks delivery record from railway
        department: a. Railway station insured and the department accept
        the compensation, Party B helped Party A to ask for claim at the destination
        and courier the railway delivery record (or fax record) with marking of
        the spices and description to Party A; Railway station insured but the
        department donsn’t accept the compensation, Party B courier the original
        delivery record with marking of the spices and description and consigning
        bill to Party A. b. In case it is the Insurance company insured,
        Party B assists Party A to ask the local insurance company to make site
        checking, and courier the original delivery record with marking of the
        spices and description, Consigning Bill and Insurance Bill to Party A.

	 	 	 
		3. 	 If Party B nominates a third party as consignee, Party
        A still regards Party B as the legal consignee, all activities of the
        third party has nothing to do with Party A.

	 	 	 
		4. 	 All products of “SACF” and “Tianren”
        purchased by Party B should be sold in the area regulated in this agreement.
        Any sales to other areas should get advance approval from Party A. If
        it is approved by Party A, the quantity sold in this area could be calculated
        into Party B’s subscribe. Without approval from Party A, it will
        be regarded as breaching the regulation and will be punished according
        to “Management Proposals on Disarranging NPK Products in the Market”

	IV. 	 Quality and Packing

	 	 
		 The product is comply with standard of GB/15063-2001,
        the packing is knitting bag outside with plastic bag inside, no leakage,
        net weight and net content is marked on the face of bag.

	V. 	Payment and Settlement 
	         1. 	The payment time is calculated as the day when
      Party B transfers the money to Party A’s 
	  	account. 
	         2. 	Settlement term will be paying the money first
      and then delivery the products. Party B 
	  	can use cash, bill of exchange, telegraphic transfer
      and within 4 months acceptance bill 
	  	(including 4 months) to make the settlement. Party
      A will not bear any responsibilities 
	  	when any party under party A’ s name to ask
      for money from Party B. 
	         3. 	Party B enjoys the same price while using Acceptance
      Bill to buy products with cash, t/t 
	  	and bill of exchange. The interest of Acceptance
      Bill should be borne by Party B and paid 
	  	according to Party A’s regulation. 
	         4. 	Party A could regard the third party’s payment
      as per Party B’s instruction and add into 
	  	Party B’s subscribe quantity. This could be
      effective after presenting Party B and third 
	  	party’s written form confirmation. Party A
      only make settlement with Party B, with no 
	  	other third party. 
	         5. 	The favorable policies and interest policies of
      contracting month will follow “Notice of 
	  	North East China Sales Policies in 2006” issued
      by Party A in 2005 under title of Tongzi. 

VI. Sales Discount

  According to the accomplishment of this agreement, Party A will execute
  discount to Party B as per the following principles: 1. As per agreement, Party
  B accomplish 70% of the subscribe quantity, this part will be

- 101 - 

		 paid discount of 80 yuan/ton, more than 70% but less
        than 80%, this part will be paid discount 100 yuan/ton, the part surplus
        than 80% will be paid 160 yuan/ton.

	 	 
	2. 	 The above mentioned discount include the substation
        shortage delivery and stocking premise, the money will be paid by Party
        A while settle the agreement at the expiry date of this agreement.

	 	 
	3. 	 In order to encourage the enthusiasm of the grass-root
        dealers, agreed by Party A and Party B, once the grass-root dealer fulfilled
        its sales task, Party B will pay a discount no less than--- yuan/ton,
        the sales manager of Party A will supervise the carrying out of this payment.
        The sales price executed by the gross-root dealers should follow the coordinated
        “SACF” and “Tianren” retail price, it is no less than
        the settlement price between party A and Party B plus the stocking fees
        and the second and after station transportation.

VII. Usage of Covering Cloth

  When the covering cloth owned by “SACF” and “Tianren”
  producing factory is used in railway delivery, it should be returned to Party
  A within ten days after the delivery reached Party B nominated station. The
  11th till 50th days, Party B will be charged 20yuan/day for the usage
  fee, it will be deducted from payment of Party B. Dating from 51st
  day, it is regarded that Party B will buy the covering cloth and will charge
  the same purchase fee from Party B’s account. The covering cloth should
  be delivery to the following address: South Station of Qinhuangdao Consignee
  is Logistic department of Sino-Arab Chemical Fertilizers Co., Ltd. 

VIII. Dispatch of Packing Bags

  In the course of transportation or storage, packing bags damage may
  occurred, in this connection, Party B could ask for new packing bags from Party
  A, within the amount of 0.3%, Party B could get the bags free of charge, over
  the percentage, Party B will be charged 3 yuan/bag. 

	IX. 	 In case the product is suffered from wet and caking
        proved by the railway delivery record, Party A will be responsible for
        the change of the product with any charge and will pay for the returning
        freight.

	X. 	 In accordance with demand of Party A, Party B will make
        every effort to support Party A to build up the sales net work in Party
        B’s marketing area. All business activities should be under the guidance
        and control of Party A.

XI. Party B should abide by this agreement strictly
  and sale the products in regulated areas, it is forbidden to make sales in other
  area. Once it is occurred, Party B will be warned to take back or buy back all
  the wrongly dispatched products and bear all the related expenses. If it occurred
  for the second time, the amount of wrongly dispatched products will be deducted
  from the subscribe amount, followed by calling off the agent qualification.
  For details please referred to the “Management Proposals on Disarranging
  NPK Products in the Market” 

XII. Breaching

  The pricing of “SACF” and “Tianren” products adopted
  by Party B should not be lower than the guiding price set forth by Party A.
  Once Party B adopts lower prices and disarrange the pricing in the market, Party
  B will be fined by reducing the discount. 

XIII. Guarantee of the Products 

Based on their assets the legal representative
  of Party B and its entrusted agent

together will be the guarantor for carrying
  out the marketing of Party A’s products and

payments of products. In the event that
  Party B failed to make the payment for the

products and/or carrying out the related
  responsibilities regulated in this agreement,

- 102 - 

the Guarantor of Party B will have the
  responsibility to pay the payment and carry out

the responsibilities. 

XIV. Party A and Party B will dully abide by all
  the articles of this agreement. In the event that any disputes occurred and
  which is not regulated in this agreement, both parties should try to negotiate
  friendly. If two parties failed to reach agreement, a lawsuit should be claimed
  at Party A’s local court.

XV. This agreement will enter into force starting from
  –Day—Month 2006 till –Day—Month 2006.

Party A: Hebei Tianren Agricultural Franchise Co., (HTAFC)

  Legal Representative: Entrusted Agent:

  Address: Ease Section of Jianshe Street Qinhuangdao Hebei Province

  Location of signing of this agreement: Business Dept. of HTAFC 

Party B:

  Legal Representative:

  Entrusted Agent:

  Address:

  Date of signing of this agreement: __(day)__(month) 2006

- 103 -

Schedule 8c

General NPK Marketing Agreement 

With Whole Sellers Other Than North East China

contract No.: SACF/XS06 B

This agreement is made by and between Tianren Agricultural Franchise
  Co. (hereinafter referred to as Party A) and --------------------- (hereinafter
  referred to as Party B).

WHEREAS, Party A entrust Party B to sell Party A’s serial
  NPK products with brand name of “SACF” and “Tianren”. 

THEREFORE, in consideration of the premises and the mutual benefits
  expressed herein, the parties agree as follows: 

	II. 	 

      Marketing Area and Subscribe Quantity:
	 	 
		 1. 
	Party A agrees Party B to be the sole marketing agent of “SACF”
      and “Tianren” NPK products in here listed areas, Party B guarantees
      to accomplish the subscribe quantity in certain period regulated in this
      agreement. Party A will take proper measures to protect Party B’s rights
      as the sole agent in this area.

  	Sole marketing Area (details) 	he 	he 	he 	sh 	gu 	gd 	dd 	dd 	dd 	dd 	dd 
	Maximum Subscribe Qty (T) 	  	  	  	  	  	  	  	  	  	  	  
	Normal Subscribe Qty (T) 	  	  	  	  	  	  	  	  	  	  	  
	Characters of the Market 	  	  	  	  	  	  	  	  	  	  	  
	Sole marketing Area (details) 	  	  	  	  	  	  	  	  	  	  	Total 
	Maximum Subscribe Qty (T) 	  	  	  	  	  	  	  	  	  	  	  
	Normal Subscribe Qty (T) 	  	  	  	  	  	  	  	  	  	  	  
	Characters of the Market 	  	  	  	  	  	  	  	  	  	  	  

	 	2. 	 Party A will interfere the dealing business of “SACF”
        and “Tianren” NPK products in case Party B fails to reach the
        settlement of half of the maximum subscribe quantity in consecutive 6
        months till withdraw the qualification of Party B as the sole marketing
        agent of the area. Whereas, the total sales quantity of this area in the
        whole year doesn’t reach the maximum subscribe quantity of this area,
        Party A will in due withdraw the qualification of Party B in this area
        while signing the sales agreement of next year.

II. Pricing

	 	3. 	 The settlement price Party A allows Party B will depend
        on the market situation and will be notified by Party A.

	 	 	 
	 	4. 	 The pricing term will be the net price before reaching
        the first national railway station nominated by Party B, which means party
        A will bear loading, transportation fees of railway station and insurance
        fees. Other railway transportation fees occurred after the first national
        railway station will be borne by Party B.

	IV. 	 Consignment and Connection

	 	 
		 1. 
	 The varieties of NPK products, quantity, destination station and
      consignee should be

 - 104 -

		  
	submitted to Party A in here attached form of “SACF” and “Tianren”
      NPK Consignment Direction. This form should be sent to Party A (fax document
      will also be effective)with seal of the unit. After it is confirmed by Party
      A, it will be considered as a part of this agreement and keep same effectiveness
      of the agreement. Party A will try to delivery the mentioned products within
      30 days after confirmation.
	 	 	 
		2. 	 The delivery site will be the special railway of “SACF”
        and “Tianren” producing factory. While delivery, both representatives
        from Party A and B should present to supervise the loading at the station.
        If Party B couldn’t have representative to make site supervision,
        the delivery quantity will be calculated in line with the “Railway
        Delivery Record” of Party A. In the course of transportation, once
        wet, shortage and damage etc. occurred, Party B should contact railway
        management and public security department to supervise the unloading,
        if serious damage occurred, Party B should asks delivery record from railway
        department: a. Railway station insured and the department accept
        the compensation, Party B helped Party A to ask for claim at the destination
        and courier the railway delivery record (or fax record) with marking of
        the spices and description to Party A; Railway station insured but the
        department doesn’t accept the compensation, Party B courier the original
        delivery record with marking of the spices and description and consigning
        bill to Party A. b. In case it is the Insurance company insured,
        Party B assists Party A to ask the local insurance company to make site
        checking, and courier the original delivery record with marking of the
        spices and description, Consigning Bill and Insurance Bill to Party A.

	 	 	 
		3. 	 If Party B nominates a third party as consignee, Party
        A still regards Party B as the legal consignee, all activities of the
        third party has nothing to do with Party A.

	 	 	 
		4. 	 All products of “SACF” and “Tianren”
        purchased by Party B should be sold in the area regulated in this agreement.
        Any sales to other areas should get advance approval from Party A. If
        it is approved by Party A, the quantity sold in this area could be calculated
        into Party B’s subscribe. Without approval from Party A, it will
        be regarded as breaching the regulation and will be punished according
        to “Management Proposals on Disarranging NPK Products in the Market”

	 	 	 
	IV. 	 Quality and Packing

	 	 	 
		 The product is comply with standard of GB/15063-2001,
        the packing is knitting bag outside with plastic bag inside, no leakage,
        net weight and net content is marked on the face of bag.

	V.  	 	Payment and Settlement
	        	1.	The payment time is calculated as the day when
      Party B transfers the money to Party 
	  	 	A’s account. 
	        	2.	Settlement term will be paying the money first
      and then delivery the products. Party B 
	  	 	can use cash, bill of exchange, and telegraphic
      transfer and within 4 months acceptance 
	  	 	bill (including 4 months) to make the settlement.
      Party A will not bear any 
	  	 	responsibilities when any party under party A’
      s name to ask for money from Party B. 
	        	3.	Party B enjoys the same price while using Acceptance
      Bill to buy products with cash, t/t 
	  	 	and bill of exchange. The interest of Acceptance
      Bill should be borne by Party B and 
	  	 	paid according to Party A’s regulation. 
	        	4.	Party A could regard the third party’s payment
      as per Party B’s instruction and add into 
	  	 	Party B’s subscribe quantity. This could be
      effective after presenting Party B and third 
	  	 	party’s written form confirmation. Party A
      only make settlement with Party B, with no 
	  	 	other third party. 

VI. Sales Discount 

According to the accomplishment of this agreement, Party A will
  execute discount to Party B as per the following principles: 

	 	4. 	 As per agreement, Party B accomplish 70% of the subscribe
        quantity, this part will be paid discount of ---yuan/ton, more than 70%
        but less than 80%, this part will be paid discount ---yuan/ton, the part
        surplus than 80% will be paid ---yuan/ton.

	 	 	 
	 	5. 	 The above mentioned discount include the substation
        shortage delivery and stocking premise, the money will be paid by Party
        A while settle the agreement at the expiry date of this agreement.

	 	 	 
	 	6. 	 In order to encourage the enthusiasm of the grass-root
        dealers, agreed by Party A and

 - 105 -

Party B, once the grass-root dealer fulfilled
  its sales task, Party B will pay a discount no less than--- yuan/ton, the sales
  manager of Party A will supervise the carrying out of this payment. The sales
  price executed by the gross-root dealers should follow the coordinated “SACF”
  and “Tianren” retail price, it is no less than the settlement price
  between party A and Party B plus the stocking fees and the second and after
  station transportation. 

	VII.	Usage of Covering Cloth 
	

      

      	When the covering cloth owned by “SACF”
      and “Tianren” producing factory is used in railway delivery, it
      should be returned to Party A within ten days after the delivery reached
      Party B nominated station. The 11th till 50th days, Party B will
      be charged 20yuan/day for the usage fee, it will be deducted from payment
      of Party B. Dating from 51st day, it is regarded that Party B
      will buy the covering cloth and will charge the same purchase fee from Party
      B’s account. The covering cloth should be delivery to the following
      address: South Station of Qinhuangdao Consignee is Logistic department of
      Sino-Arab Chemical Fertilizers Co., Ltd. 
	VIII.	Dispatch of Packing Bags 
	

      	In the course of transportation or storage, packing
      bags damage may occurred, in this connection, Party B could ask for new
      packing bags from Party A, within the amount of 0.3%, Party B could get
      the bags free of charge, over the percentage, Party B will be charged 3
      yuan/bag.

	IX. 	 In case the product is suffered from wet and caking
        proved by the railway delivery record, Party A will be responsible for
        the change of the product with any charge and will pay for the returning
        freight.

	X. 	 In accordance with demand of Party A, Party B will make
        every effort to support Party A to build up the sales net work in Party
        B’s marketing area. All business activities should be under the guidance
        and control of Party A.

	XI. 	 Party B should abide by this agreement strictly and
        sale the products in regulated areas, it is forbidden to make sales in
        other area. Once it is occurred, Party B will be warned to take back or
        buy back all the wrongly dispatched products and bear all the related
        expenses. If it occurred for the second time, the amount of wrongly dispatched
        products will be deducted from the subscribe amount, followed by calling
        off the agent qualification. For details please referred to the “Management
        Proposals on Disarranging NPK Products in the Market” 

	XII. 	 Breaching 

	 	The pricing of “SACF” and “Tianren” products adopted
      by Party B should not be lower than the guiding price set forth by Party
      A. Once Party B adopts lower prices and disarrange the pricing in the market,
      Party B will be fined by reducing the discount. 

XIII. Guarantee of the Products

Based on their assets the legal representative
  of Party B and its entrusted agent

together will be the guarantor for carrying
  out the marketing of Party A’s products and

payments of products. In the event that
  Party B failed to make the payment for the

products and/or carrying out the related
  responsibilities regulated in this agreement,

the Guarantor of Party B will have the
  responsibility to pay the payment and carry out

the responsibilities.

 

- 106 -

   

	XIV. 
	Party A and Party B will dully abide by all the
      articles of this agreement. In the event that any disputes occurred and
      which is not regulated in this agreement, both parties should try to negotiate
      friendly. If two parties failed to reach agreement, a lawsuit should be
      claimed at Party A’s local court. 
	XV. 	This agreement will enter into force starting from
      –Day—Month 2006 till –Day—Month 2006. 

Party A: Hebei Tianren Agricultural Franchise Co., (HTAFC)

  Legal Representative:

  Entrusted Agent:

  Address: Ease Section of Jianshe Street Qinhuangdao Hebei Province

  Location of signing of this agreement: Business Dept. of HTAFC 

Party B:

  Legal Representative:

  Entrusted Agent:

  Address:

  Date of signing of this agreement: __(day)__(month) 2006 

- 10 7-

Schedule 8c

Storage Contract

Contract No.: SACF/XSCH050601

Party A: Sino-Arab Chemical Fertilizers Co., Ltd.

  Party B: Hebei Tianren Agricultural Franchise Co. Ltd

It is agreed by both parties:

1. The Party A shall make a consignment to the determined place
  according to the sales form filled in by the Party B.

    The Party B shall be liable for delivery,
  shifting to storehouse, shipment and the Party B shall also be liable for the
  all expenses including discharging fee, shifting freight, ingoing storehouse
  fee, outgoing storehouse fee, shipment fee, delivery fee.

2. Storage fee shall be born by the Party A, included in the
  settlement price.

3. Tha Party B shall return the fabric boxcar cover sheets within
  10 days when use the fabric boxcar cover sheets. The returning date shall be
  subject to the date on the fabric boxcar cover sheets. 

The Party B shall be liable for repairing expense. 

    The fabric boxcar cover sheets returning address:
  Qinhuangdao South Station. The consignee: Sino-Arab Chemical Fertilizers Co.,
  Ltd. Storage Department. 

4. The Party B shall check and accept the goods according to
  the goods’appearance, packing and mark. Goods tallied by both two parties.
  The Party B can discharge the goods singly subject getting the commission by
  the Party A and the delivery quantity according to the note issued by the train
  station. 

5. The Party B shall inform the Party A on time when questioned
  to the goods’ inspecification, quantity, packing. Both two parties can
  make re-inspection and note the re-inspectionresults. All questiones shall be
  settled through friendly consultations.

6. In the storage term shall avoid perdition, loss, moisture,
  drench, damage and so on.

7. Liability and Breach of the contract:

7.1 The Party A’s Liability: 

In the storage term, if the goods’ quality and packing fall
  short of the contract’s stipulation, the Party A shall liable for settlement.

- 108 -

 

7.2 The Party B’s Liability: 

7.2.1The Party B must storage the goods according to the stipulations.
  If the goods founded perdition, loss, moisture, drench, damage, the Party B
  answer for the compensation to the Party A according to the stipulated price.
  (Due to the force majeure, shall be settled through negotiation). 7.2.2 The
  property of storage goods belong to the Party A. The Party B shall show this
  contract and make clear the goods’ property when appear disputes in the
  Party B and other obligees. The Party B must inform the Party A by written on
  time when the storage goods’ porpery appear dispute. The Party B must storage
  the goods appropriatly. 

7.2.3 The Party B shall payment the goods within 15 days when
  sale the goods storaged by the Party B. Other sales matters according to the
  «“SACF” Series Products Bought Deal Agreement . 

7.2.4 The Party B bear the distributing expense when the goods
  arrived at the stipulated station. 

8. Settlements disputes: 

Both two parties shoule settle the other matters non-stipulated
  in this contrract through fridenly consultations. All disputes settlements must
  obey the «Contract Law of the People's Republic of China .Each of the party
  has the right to litigate to the local court 9. Duration of the contract: from
  June 26, 2005 to Dec.31, 2005. 

The Party A (seal):                                                
  The Party B (seal):

   

Signature:                                                    
  Signature:

- 109 - 

Schedule 8d

ADDENDUM TO THE AGREEMENT OF LOAN

In connection with and integrated to the agreement of Loan between
  YICHANG ZHILONG CO.,LTD. and YICHANG TIANLONG CO.,LTD. assuring by YICHANG ZHILONG
  JIANSHE CO.,LTD. on Oct.29,2005, three parties hereby agree to make an addendum
  subject to the terms and conditions as stipulated below: 

	1. 	 The Warrantor agree to pay the interest to the Lender
        on behalf of the Borrower. After the Borrower reimburse the loan, the
        guarantee of Warrantor will be out of effective automatically.

	 	 
	2. 	 In case the Borrower fail to reimburse the loan including
        the interest as well as the penalty to the Lender before Nov.29,2006.
        , the Warrantor shall take the responsibility of effecting the payment
        before Dec.30,2006. If not, a penalty of 1.1 times of payment should be
        borne by the Warrantor.

	 	 
	3. 	 This addendum is an integral part of the main agreement.

	 	 
	4. 	 This agreement is made out in three originals , each
        party holding one as evidence thereof after signing.

  - 110 -

Schedule 8d

AGREEMENT OF LOAN

BORROWER: YICHANG ZHILONG CO.,LTD.

  LENDER:YICHANG TIANLONG CO.,LTD.

  WARRANTOR: YICHANG ZHILONG JIANSHE CO.,LTD.

This agreement is made out by and between the PARTIES above mentioned
  subject to the terms and conditions as stipulated below: 

1. The Lender agree to provide a loan of 500,000.RMB to the Borrower
  in Aug.23rd ,2005. The period of loan shall commence on Aug. 23rd
  , 2005 and remain effective until Oct. 7th , 2005.

2.  The Interest: 5.31% per year, i.e. 0.443% per month
  

  3.  The Borrower should reimburse the loan including the interest to the
  Lender on the expiry date. In case the Borrower fail to effect the payment in
  time , there will be a penalty of 0.2% per day of total amount of loan from
  Oct.8,2005. 

4. The Warrantor agree to assure for the Borrower. In case the
  Borrower fail to reimburse the loan including the interest as well as the penalty
  to the Lender before Nov.7,2005. , the Warrantor shall take the responsibility
  of effecting the payment before Dec.1,2005. If not, the payment should be deducted
  from the share before Dec.16,2005 and all losses should be borne by the Warrantor
  5. This agreement is made out in six originals , each party holding two as evidence
  thereof after signing.

The Borrower:

  Signaturer: 

- 111 -

Schedule 8d

AGREEMENT OF LOAN

BORROWER: YICHANG ZHILONG CO.,LTD.

  LENDER:YICHANG TIANLONG CO.,LTD.?

  WARRANTOR: YICHANG ZHILONG JIANSHE CO.,LTD.

This agreement is made out by and between the PARTIES above mentioned
  subject to the terms and conditions as stipulated below: 

	1. 	 The Lender agree to provide a loan of 7,000,000.RMB
        to the Borrower in Oct.29th,2005. The period of loan shall
        commence on Oct. 29th, 2005 and remain effective until Oct.
        28th , 2006.

	 	 
	2. 	 The Interest: 5.31% per year, i.e. 0.443% per month

	 	 
	3. 	 The Borrower should reimburse the loan including the
        interest to the Lender on the expiry date. In case the Borrower fail to
        effect the payment in time , there will be a penalty of 0.2% per day of
        total amount of loan from Oct.29,2006.

	4. 
	The Warrantor agree to assure for the Borrower.
      In case the Borrower fail to reimburse the loan including the interest as
      well as the penalty to the Lender before Nov.29,2006. , the Warrantor shall
      take the responsibility of effecting the payment before Dec.30,2006. 

	5. 	 This agreement is made out in six originals , each party
        holding two as evidence thereof after signing.

The Borrower:

  Signaturer: 

- 112 -

Schedule 8d

Phosphate Powder Contract

Contract No.: TL2006XS002

The SELLER: Yichang Tianlong Industry Co., Ltd. 

The BUYER: Sino-Arab Chemical Fertilizers Co., Ltd. (SACF)

Place of Contract Signing: Qinhuangdao

  Date of Contract Signing: 2006 

The BUYER agrees to buy and the SELLER agrees to sell phosphate
  powder on the following terms and conditions: 

	1.	
      Commodity, Quantity, unit price:

      

  	

        NAME 

        
	

        UNIT 

        
	

        QUANTITY 

        
	

        UNIT 

        PRICE 
	

        PAYMENT 

        AMOUNT 
	

        NOTES 

        

	Phosphate 

        powder 
	ton 

        
	

        
	

        
	

        
	Sea freight to 

        Qinhuangdao 

        New Port 
	Phosphate 

        powder 

        
	ton 

        

        
	

        

        
	

        

        
	

        

        
	Freight train to 

        Qinhuangdao 

        East Railway 

        Station 

  

	2.	
      Specifications:

      

Quality Standard:

P2O5: 30%; MgO < 1.5%;
  H2O < 1%;

  Granularity: 60 meshes/inch, 100% passed, 100 meshes/inch, 90% passed;

  R2O< =0.7% 

	3. 	 Delivery time, Quantity and Price:

	

      
	 Delivery shall be start from Jan.1, 2006;

        Required delivery time, way of delivery, quantity and price (price to
        Qinhuangdao): To be negotiated and decided by both parties monthly according
        to BUYER’s production requirement and market. To be confirmed each
        month by BUYER’s fax.

	 	 	 
	4. 	 Transportation and Destination:

		 River plus sea freight to Qinhuangdao New
        Port; Freight train to Qinhuangdao East Railway Station.

	 	 	 
	5. 	 Losses Allowance and Its Calculation:

	
	5.1 Quantity shall be deemed to the even
      indication of rail weighing scale of Qinhuangdao East Railway Station, if
      freight train is adopted; 0.3% extra quantity shall be supplied by SELLER
      as compensation.

	
	5.2 Quantity shall be deemed to the even
      indication of electronic weighing scale of Qinhuangdao New Port, if river
      plus sea freight is adopted; 0.7% extra quantity shall be supplied by SELLER
      as compensation.

	6. 	 Packing

		 Knitted PP bag without leakage on SELLER,
        net weight 50Kg±0.5Kg per bag.

 - 113 -

	7. 	Quality Inspection: 
	The Quality of each batch of commodity
      shall be deemed to BUYER’s inspection By Quality 

      Control Department of BUYER at the destination as per clause 2. The SELLER
      has the right to re- 

      inspect by the third independent party qualified by the state for arbitration,
      BUYER shall be 

      informed within two weeks after the said commodity arrived at destination
      in writing. 

	 	  
	8. 	Payment Terms 
	The BUYER’s payment shall be made
      within 15 days after the commodity arrived at destination. 

      Failure to do so, BUYER shall pay extra interest to SELLER in accordance
      to present interest rate of 

      the bank (yearly interest rate 5.58%), once a month attaching to the normal
      payment in next month. 

      If the payment is in Accepted Bill of Draft, all expense and interest losses
      for receiving discount 

      from bank shall be born by BUYER, bank discount document shall be kept and
      passed to BUYER. 

	 	  
	9.	Liability 
	The SELLER shall be responsible for delivering
      proper quantity of booked commodity with proper 

      quality to the destination station in time. 

	 	  
	10.	Penalty : 
	If SELLER failed to fulfill its liability,
      BUYER may execute penalty procedure; rest shall follow the 

      relevant regulations stipulated in <The Contract Law>. 

	 	  
	11.	Settlements of Dispute: 
	All disputes arising from the execution
      of this agreement shall be settled through friendly 

      consultations. In case no settlement can be reached, each party has the
      right to litigate to local 

      Peoples Court of contract signing place. 

	12. 	 Other Terms And Conditions:

	12.1 Both parties shall negotiate the quantity and
      price of each batch of above said commodity every month. SELLER shall start
      delivering after received BUYER’s confirming fax.

      12.2 If the commodity is unqualified:

      a) BUYER shall have the right to refuse to accept, if P2O5
      < 30% or MgO >1.7;

      b)If P2O5 < 30%, BUYER can accept it at lower price, 20yuan/Mt shall
      be subtracted from the unit price for each 1% missing P2O5;

      c) If P2O5 >30%, BUYER can accept it at higher price, 20yuan/Mt shall
      be added to the unit price for each 1% extra P2O;

      d) If MgO > 1.5%, BUYER can accept it at lower price, 1yuan/Mt shall
      be subtracted from the unit price for each 0.1% extra MgO;

      e) If granularity is bigger, BUYER can accept it at lower price, 0.1yuan/Mt
      shall be subtracted from the unit price for each 1% missing percentage;

      f) If R2O > 0.7%, BUYER can accept it at lower price, both
      parties shall discuss the amount being subtracted from the unit price. 

	13. 	 This contract has two original copies with same
        legal power, each party holds one copy.

	14. 	 Execution Period:

		 One year from the date of Jan.1, 2006

	The SELLER:	 The BUYER:

		  

	Yichang Tianlong Industry Co., Ltd.

      AUTHORIZED SIGNER:

      BANK;

      ACCOUNT NO.:	Sino-Arab Chemical Fertilizers Co., Ltd. (SACF)

      AUTHORIZED SIGNER:

      BANK;

      ACCOUNT NO.:

- 114 -

Schedule 8d

Phosphate Rock Contract

Contract No.: TL2006XS003

The SELLER: Yichang Tianlong Industry Co., Ltd.

  The BUYER: Hebei Tianfeng Fertilizers Co., Ltd. 

Place of Contract Signing: Yichang City, Hubei Province

  Date of Contract Signing: Feb.22, 2006 

The BUYER agrees to buy and the SELLER agrees to sell phosphate
  rock on the following terms and conditions: 

	1. 	 Quantity, Quality, Delivery, Unit price

	1) 	 Quantity: 30 freight train wagon

	 	 
	2) 	 Quality Standard:

	 	 
		 P2O5: 32%; MgO < 1.0%; H2O < 5%;
        Granule Size: <  200mm

	 	 
	3) 	 Delivery at Qianmotou Railway Station, Shenzhou, Hebei.

	 	 
	4) 	 Unit price: 570 Yuan/Mt (including road freight and
        train freight).

	2. 	
      Liability 

      

	1) 	 The SELLER shall be responsible for all the process
        before reach the destination station, Qianmotou Railway Station, Shenzhou.

	 	 
	2) 	 The BUYER shall be responsible for its payment on time.
      

	3. 	 Delivery Quantity and Quality Inspection: 

	1) 	 The Delivery Quantity shall be deemed to the net weight
        indication of the rail weighing scale at the destination station. 

	 	 
	2) 	 The Quality shall be deemed to BUYER’s inspection
        by sampling at the destination station. The SELLER has the right to re-inspect
        by the third independent party qualified by the state for arbitration
        within 30 days after has seen the BUYER’s inspection result. The
        arbitration shall be the final even result that both parties accepted.
      

	4. 	
      Payment Terms

      

- 115 - 

The BUYER’s payment shall be made within 15 days after Quality
  and Quantity has been approved by inspection. 

Payment Condition: Value-added tax invoice, Road freight invoice,
  Train freight invoice are all received.

	5. 	 Quality Control: 

If P2O5< =31.5% count the missing part, penalty to the SELLER:
  subtract 15yuan/Mt from the unit price for each 1% P2O5; If P2O5>32% count
  the over part, reward to the SELLER: add 15yuan/Mt to the unit price for each
  1% P2O5. 

	6. 	 Settlements of Dispute:

All disputes arising from the execution of this agreement shall
  be settled through friendly consultations. In case no settlement can be reached,
  each party has the right to litigate to local Peoples Court of contract signing
  place. 

	7. 	 This contract has two original copies with same legal
        power, each party holds one copy; fax copy is as executable. 

	The SELLER:	 The BUYER:

		  

	Yichang Tianlong Industry Co., Ltd.	Hebei Tianfeng Fertilizers Co., Ltd.

 

Feb.22, 2006

- 116 -

SCHEDULE (9)

  

  “The EMPLOYEES”

Tentative list of key personnel to be transferred post merger
  to SPUR CHINA - Yichang City:

• Zhai Jidong  (Top management)

  • Chen Shidong  (Marketing)

  • Zhao Huitian  (Operation) 

  • Zhao Ruixiang  (Operation) 

  • Xiong Tianbing  (Finance) 

  • Zhang Xiayan  (Administration) 

  • Zhang Zhaoyu  (Transport & Logistics) 

- 117 -

SCHEDULE (10)

“LIST OF APPROVALS” for TIANREN

- None -

- 118 -

Schedule(11a)

QINHUANGDAO TIANDING CHEMICAL
  CO.,LTD.

  BALANCE SHEET

  JAN.-MARCH 2006

  	

        ITEM 
	LINE 

        NO. YEAR 	AT BEG. OF 

        PERIOD 
	AT END OF 

        PERIOD 	

        ITEM 
	LINE 

        NO.  	AT BEG. OF 

        YEAR
	AT END OF 

        PERIOD 

	Cash 	1 	15,533,304.75 	8,007,749.10 	Short term loans 	41 	11,800,000.00 	15,000,000.00 
	Short-term investments 	2 	  	  	Notes payable 	42 	  	10,000,000.00 
	Notes receivable 	3 	  	  	Accounts payable 	43 	21,125,771.38 	33,905,615.95 
	Dividends receivable 	4 	  	  	Advance from customers 	44 	  	  
	Interest expenses receivable 	5 	  	  	Accrued payroll 	45 	  	  
	Accounts receivable 	6 	15,231,231.58 	32,812,683.45 	Welfare expenses payable 	46 	3,209,273.16 	3,209,273.16 
	Other receivables 	7 	36,469.50 	254,300.00 	Dividends payable 	47 	  	2,500,000.00 
	Advances to suppliers 	8 	107,005.97 	565,892.27 	Taxes payable 	48 	1,353,983.13 	805,062.20 
	Subsidies receivable 	9 	  	  	Other payables of duty 	49 	  	  
	Inventories 	10 	19,014,222.96 	19,101,940.54 	Other payables 	50 	58,742.40 	113,721.80 
	 Including: materials and supplies 	11 	10,862,932.95 	12,712,570.72 	Accrued expenses 	51 	556,800.18 	556,800.18 
	          goods
        in stores 	12 	7,441,481.64 	5,975,398.56 	Contingent liabilities 	52 	  	  
	Deferred and prepaid expenses 	13 	284,835.95 	  	Long-term loans due within one year 	53 	  	  
	Commission loan 	14 	  	  	Other current liabilities 	54 	  	  
	Long-term creditor's right investments due with one
        year 	15 	  	  	TOTAL CURRENT LIABILITIES 	55 	38,104,570.25 	66,090,473.29 
	Other current assets 	16 	  	  	Long-term loans 	56 	  	  
	TOTAL CURRENT ASSETS 	17 	50,207,070.71 	60,742,565.36 	Debentures payable 	57 	  	  
	Long-term stock right investments 	18 	4,000,000.00 	4,000,000.00 	Long-term payables 	58 	  	  
	Long-term creditor's right investments 	19 	  	  	Special-purpose payables 	59 	  	  
	*Difference after consolidation 	20 	  	  	Other long-term liabilities 	60 	  	  
	TOTAL LONG-TERM INVESTMENTS 	21 	4,000,000.00 	4,000,000.00 	TOTAL LONG-TERM LIABILITIES 	61 	  	  
	Fixed assets-cost 	22 	40,499,849.09 	40,523,299.09 	Deferral taxes-credit 	62 	  	  
	Less:Accumulated depreciation 	23 	10,899,745.35 	11,603,801.49 	TOTAL LIABILITIES 	63 	38,104,570.25 	66,090,473.29 
	Fixed assets-net value 	24 	29,600,103.74 	28,919,497.60 	*Minority stockholder`s equity 	64 	  	  
	Less:Provision for loss of fixed assets 	25 	  	  	Paid in capital 	65 	20,000,000.00 	20,000,000.00 
	Net amount of fixed asset 	26 	29,600,103.74 	28,919,497.60 	Including: Foreign investment 	66 	5,000,000.00 	5,000,000.00 
	Construction materials 	27 	  	  	Less:Investment Returned 	67 	  	  
	Construction in progress 	28 	  	  	Net paid in capital 	68 	20,000,000.00 	20,000,000.00 
	Disposed of fixed assets 	29 	  	  	Capital surplus 	69 	4,719.76 	4,719.76 
	  	30 	  	  	Earned surplus 	70 	3,618,107.30 	3,618,107.30 
	TOTAL FIXED ASSETS 	31 	29,600,103.74 	28,919,497.60 	Including:Legal public welfare fund 	71 	  	  
	INTANGIBLE ASSETS 	32 	301,744.40 	291,043.40 	 *Unrecognized investment losses
      	72 	  	  
	 Including: land use right 	33 	  	  	Undistributed profit 	73 	22,381,521.54 	4,239,806.01 
	Long-term deferred and prepaid expenses 	34 	  	  	Foreign currency report translation difference
      	74 	  	  
	 Including: capital repair for fixed assets 	35 	  	  	TOTAL OWNER'S EQUITY 	75 	46,004,348.60 	27,862,633.07 
	               
         Improvement expenses for fixed assets 	36 	  	  	  	76 	  	  
	Other long-term assets 	37 	  	  	  	77 	  	  
	TOTAL INTANGIBLE ASSETS AND OTHER ASSETS 	38 	301,744.40 	291,043.40 	  	78 	  	  
	Deferral taxes-debit 	39 	  	  	  	79 	  	  
	TOTAL ASSETS 	40 	84,108,918.85 	93,953,106.36 	TOTAL LIABILITIES AND OWNER'S EQUITY
      	80 	84,108,918.85 	93,953,106.36 

 

- 119 -

Schedule(11a)

QINHUANGDAO TIANDING CHEMICAL
  CO.,LTD.

  INCOME STATEMENT

  Jan.-March, 2006

	 Prepared
        by: Qinhuangdao Tianding Chemical Industry
        Co.Ltd 
	Unit:RMB yuan

	

      I T E M S 

      	LINE 

      NO. 	 

      March 31st ,06 

      	

      Total 

      	

      I T E M S 

      	LINE 

      NO. 	 

      March 31st ,06 

      	

      Total 

      
	1. 	Sales from major operations 	1 	16,186,687.26 	58,797,120.69  	Supplementary information one: 	  	  	  
	 	       Less:Cost of major
      operations 	2 	15,327,661.54 	53,052,366.10  	(1) Production value 	  	  	  
	
	Sales tax 
	3
	
	
	1.Total value of industrial output(calculate
      

      according to invariable price in 1990) 	23 
	
	

	
	
	

      4	
	
	2.Total value of industrial output (calculate
      

      according to current price ) 	

      24 	
	

	 2.	Income/loss from major operations 	5 	859,025.72 	5,744,754.59  	 3.Industrial added value(calculate  
    	25 	  	  
	 	  	  	  	  	   according to current price ) 	  	  	  
	 	       Add:Income from other
      operations 	6 	  	  	(2) Pay amount 	26 	583,738.87 	1,753,202.43 
	 	       Less:Operating expenses
    	7 	11,271.60 	357,407.63  	(3) The number of employees at end of period
      (people) 	27 	390 	390 
	 	General and administrative expenses 	8 	301,317.56 	742,565.38  	Supplementary information two: 	  	  	  
	 	  	  	  	  	 1.Gain on sale and disposal of a department
    	  	  	  
	 	Financial expenses 	9 	93,179.04 	206,763.54  	  	28 	  	  
	 	  	  	  	  	   or an invested enterprise 	  	  	  
	 	  	10 	  	  	   2.Losses arising from natural disasters
    	29 	  	  
	 	  	  	  	  	   3.Increase/decrease in income before
      tax 	  	  	  
	 3.	perating profit/loss 	11 	453,257.52 	4,438,018.04  	  	30 	  	  
	 	  	  	  	  	   due to a change in accounting policy
    	  	  	  
	 	  	  	  	  	   4.Increase/decrease in income before
      tax 	  	  	  
	 	Add:Investments income/loss 	12 	  	  	  	31 	  	  
	 	  	  	  	  	   due to a change in accounting estimate
    	  	  	  
	 	Add:Tax refunding income 	13 	  	  	   5.Losses arising from dept restructurings
    	32 	  	  
	 	Add:Non-operating income 	14 	30,564.10 	101,140.16  	   6.Others 	33 	  	  
	 	       Others
    	15 	  	  	  	  	  	  
	 	Less:Non-operating expenses 	16 	  	  	  	  	  	  
	 	       Others
    	17 	  	  	  	  	  	  
	 4.	Income/Loss before tax 	18 	483,821.62 	4,539,158.20  	  	  	  	  
	 	       Less:Income tax 	19 	  	680,873.73  	  	  	  	  
	 	Minority stockholder`s profit 	20 	  	  	  	  	  	  
	 	Add: Unrecognized investment losses 	21 	  	  	  	  	  	  
	 5.	Net income/loss 	22 	483,821.62 	3,858,284.47  	  	  	  	  

- 120 -

Schedule(11a)

QINHUANGDAO TIANDING CHEMICAL
  CO.,LTD.

  BALANCE SHEET

  As of 12 month 31 date ,2005

  	

        ITEM 
	LINE 

        NO. 	AT BEG. OF 

        YEAR 	AT END OF 

        PERIOD 	

        ITEM 
	LINE 

        NO. 	AT BEG. OF 

        YEAR 	AT END OF 

        PERIOD 
	Cash 	1 	6,641,139.33 	15,533,304.75 	Short term loans 	41 	15,000,000.00 	11,800,000.00 
	Short-term investments 	2 	  	  	Notes payable 	42 	  	  
	Notes receivable 	3 	  	  	Accounts payable 	43 	3,935,890.19 	21,125,771.38 
	Dividends receivable 	4 	  	  	Advance from customers 	44 	4,935,401.03 	  
	Interest expenses receivable 	5 	  	  	Accrued payroll 	45 	  	  
	Accounts receivable 	6 	14,468,889.64 	15,231,231.58 	Welfare expenses payable 	46 	2,522,578.47 	3,209,273.16 
	Other receivables 	7 	999,310.32 	36,469.50 	Dividends payable 	47 	19,000,000.00 	  
	Advances to suppliers 	8 	64,440.01 	107,005.97 	Taxes payable 	48 	847,265.07 	1,353,983.13 
	Subsidies receivable 	9 	  	  	Other payables of duty 	49 	  	  
	Inventories 	10 	16,211,843.38 	19,014,222.96 	Other payables 	50 	6,056,138.90 	58,742.40 
	 Including: materials and supplies 	11 	12,258,888.26 	10,862,932.95 	Accrued expenses 	51 	  	556,800.18 
	goods in stores 	12 	3,530,688.71 	7,441,481.64 	Contingent liabilities 	52 	  	  
	Deferred and prepaid expenses 	13 	95,158.13 	284,835.95 	Long-term loans due within one year 	53 	  	  
	Commission loan 	14 	  	  	Other current liabilities 	54 	  	  
	Long-term creditor's right investments due with one
        year 	15 	  	  	TOTAL CURRENT LIABILITIES 	55 	52,297,273.66 	38,104,570.25 
	Other current assets 	16 	  	  	Long-term loans 	56 	  	  
	TOTAL CURRENT ASSETS 	17 	38,480,780.81 	50,207,070.71 	Debentures payable 	57 	  	  
	Long-term stock right investments 	18 	4,000,000.00 	4,000,000.00 	Long-term payables 	58 	  	  
	Long-term creditor's right investments 	19 	  	  	Special-purpose payables 	59 	  	  
	*Difference after consolidation 	20 	  	  	Other long-term liabilities 	60 	  	  
	TOTAL LONG-TERM INVESTMENTS 	21 	4,000,000.00 	4,000,000.00 	TOTAL LONG-TERM LIABILITIES 	61 	  	  
	Fixed assets-cost 	22 	39,644,543.48 	40,499,849.09 	Deferral taxes-credit 	62 	  	  
	Less:Accumulated depreciation 	23 	8,236,345.30 	10,899,745.35 	TOTAL LIABILITIES 	63 	52,297,273.66 	38,104,570.25 
	Fixed assets-net value 	24 	31,408,198.18 	29,600,103.74 	*Minority stockholder`s equity 	64 	  	  
	Less:Provision for loss of fixed assets 	25 	  	  	Paid in capital 	65 	20,000,000.00 	20,000,000.00 
	Net amount of fixed asset 	26 	31,408,198.18 	29,600,103.74 	Including: Foreign investment 	66 	5,000,000.00 	5,000,000.00 
	Construction materials 	27 	  	  	Less:Investment Returned 	67 	  	  
	Construction in progress 	28 	1,938,463.03 	  	Net paid in capital 	68 	20,000,000.00 	20,000,000.00 
	Disposed of fixed assets 	29 	  	  	Capital surplus 	69 	4,719.76 	4,719.76 
	  	30 	  	  	Earned surplus 	70 	3,160,310.84 	3,618,107.30 
	TOTAL FIXED ASSETS 	31 	33,346,661.21 	29,600,103.74 	Including:Legal public welfare fund 	71 	  	  
	INTANGIBLE ASSETS 	32 	271,052.00 	301,744.40 	 *Unrecognized investment losses
      	72 	  	  
	 Including: land use right 	33 	  	  	Undistributed profit 	73 	636,189.76 	22,381,521.54 
	Long-term deferred and prepaid expenses 	34 	  	  	Foreign currency report translation difference
      	74 	  	  
	 Including: capital repair for fixed assets 	35 	  	  	TOTAL OWNER'S EQUITY 	75 	23,801,220.36 	46,004,348.60 
	               
         Improvement expenses for fixed assets 	36 	  	  	  	76 	  	  
	Other long-term
        assets 	37
      	  	  	  	77 	  	  
	TOTAL INTANGIBLE ASSETS AND OTHER ASSETS 	38 	271,052.00 	301,744.40 	  	78 	  	  
	Deferral taxes-debit 	39 	  	  	  	79 	  	  
	TOTAL ASSETS 	40 	76,098,494.02 	84,108,918.85 	TOTAL LIABILITIES AND OWNER'S EQUITY
      	80 	76,098,494.02 	84,108,918.85 

121

Schedule(11a)

QINHUANGDAO TIANDING CHEMICAL
  CO.,LTD.

  INCOME STATEMENT

  Year:2005

	 Prepared
        by: Qinhuangdao Tianding Chemical Industry
        Co.Ltd 
	Unit:RMB yuan

  	

        I T E M S 
	LINE

        NO.	

        LAST YEAR

        CUMULATIVE  
	

        CURRENT YEAR

        CUMULATIVE	

        I T E M S 
	LINE 

        NO. 	LAST YEAR 

        CUMULATIVE 	CURRENT YEAR

        CUMULATIVE 
	1. Sales from major operations 	1 	179,406,910.18 	215,385,083.38 	Supplementary information one: 	  	  	  
	       Less:Cost of major operations
      	2 	162,443,770.69 	188,498,286.55 	(1) Production value 	  	  	  
	Sales tax 
	3 
	4,857.63 
	24,054.75 
	1. Total value of industrial output(calculate
        

        according to invariable price in 1990) 	23 
	
	

	
	4 
	
	
	2. Total value of industrial output (calculate
        

        according to current price ) 	24 
	
	

	2. Income/loss from major operations 	5 	16,958,281.86 	26,862,742.08 	3. Industrial added value(calculate  

        according to current price ) 	25 	  	  
	       Add:Income from other operations
      	6 	6,437,187.33 	   3,460,775.76 	(2) Pay amount 	26 	 6,203,532.12 	7,523,588.64 
	       Less:Operating expenses
      	7 	232,165.20 	   1,319,004.88	(3) The number of employees at end of
        period (people) 	27 	386 	374 
	       General and administrative
        

        expenses 	8 
	1,939,369.45 
	3,432,951.04 
	Supplementary information two: 
	
	
	

	Financial expenses 	9 	693,905.18 	1,060,505.54 	1.Gain on sale and disposal of a department
        or an invested enterprise 	28 	  	  
	  	10 	  	  	2.Losses arising from natural disasters
      	29 	  	  
	3. Operating profit/loss 	11 	20,530,029.36 	24,511,056.38 	3.Increase/decrease in income before tax due
        to a change in accounting policy 	30 	  	  
	       Add:Investments income/loss
      	12 	  	  	4.Increase/decrease in income before tax
        due to a change in accounting estimate 	31 	  	  
	       Add:Tax refunding income
      	13 	  	  	5.Losses arising from dept restructurings
      	32 	  	  
	       Add:Non-operating income
      	14 	488,224.79 	236,819.40 	6.Others 	33 	  	  
	Others 	15 	  	  	  	  	  	  
	       Less:Non-operating expenses
      	16 	150,000.00 	181.73 	  	  	  	  
	Others 	17 	  	  	  	  	  	  
	4. Income/Loss before tax 	18 	20,868,254.15 	24,747,694.05 	  	  	  	  
	       Less:Income tax 	19 	778,445.68 	1,857,871.12 	  	  	  	  
	Minority stockholder`s profit 	20 	  	  	  	  	  	  
	Add: Unrecognized investment losses 	21 	  	  	  	  	  	  
	5. Net income/loss 	22 	20,089,808.47 	22,889,822.93 	  	  	  	  

  

122

Schedule(11a)

Cash Flows Statement

  Year:2005

	 Prepared by: Qinhuangdao Tianding Chemical Industry
        Co.Ltd 
	 Unit:RMB yuan

  	

        Items 
	LINE 

        NO. 	

        Amount 
	

        Items 
	LINE 

        NO. 	

        Amount 
	

        Supplementary Information 
	LINE 

        NO. 	

        Amount 

	1 .Cash Flows from Operating Activities
      	1 	  	3.Cash Flows From financing Activities
      	23 	  	   Losses on scrapping of fixed assets
      	45 	  
	   Cash received from sales of goods or
        rendering of services 	2 	223,848,234.16 	   Cash received from investments
        by others 	24 	  	   Financial expense 	46 	1,060,505.54 
	   Refunds of taxes 	3 	  	   Cash received from borrowings
      	25 	11,800,000.00 	   Investments losses((or deduct:gains)
      	47 	  
	   Other cash received relating to operating
        activities 	4 	3,058,224.64 	   Other cash receipts relating
        to financing activies 	26 	36,803.34 	   Deferred tax credit(or deduct:debit)
      	48 	  
	   Sub-total of cash inflows 	5 	226,906,458.80 	   Sub-total of cash inflows
      	27 	11,836,803.34 	   Decrease in inventories(or deduct:increase)
      	49 	-2,802,379.58 
	   Cash paid for goods and services 	6 	174,986,687.43 	   Cash repayments of amounts
        borrowed 	28 	15,000,000.00 	   Decrease in operating receivables(or
        deduct:increase 	50 	157,932.92 
	  	  	  	   Cash payments for distribution
        of dividends or profits and for 	  	  	  	  	  
	   Cash paid to and on behalf of employees
      	7 	7,523,588.64 	   interest expense 	29 	20,094,090.00 	   Increase in in operating payables
        (or deduct:decrease 	51 	8,525,130.53 
	   Payments of all types of taxes 	8 	4,591,694.41 	   Other cash payments relating
        to financing activies 	30 	3,218.88 	   Others 	52 	  
	   Other cash paid relating operating activities
      	9 	6,876,410.36 	   Sub-total of cash outflows
      	31 	35,097,308.88 	   Net cash flows from operating activities
      	53 	32,928,077.96 
	   Sub-total of cash outflows 	10 	193,978,380.84 	   Net cash flows from financing
        activities 	32 	-23,260,505.54 	2.Investing and financing activities that do
        not invovle 	54 	  
	   Net cash flows from operating activities
      	11 	32,928,077.96 	4.Effect of changes in foreign exchange
        rate on cash 	33 	  	   Conversion of debt into capital
      	55 	  
	2.Cash Flows From Investing Activities 	12 	—— 	5.Net Increase in Cash and Cash Equivalents
      	34 	8,892,165.42 	   Convertible bonds to be expired
        within one year 	56 	  
	   Cash received from return of investments
      	13 	  	Supplementary Information: 	35 	  	   Fixed assets under finance lease
      	57 	  
	   Cash received from return on investments
      	14 	  	1. Reconciliation of net income to ash
        flows from operating activities: 	36 	  	   Others 	58 	  
	   Net cash received from disposal of fixed
      	  	  	  	  	  	  	  	  
	   assets,intangible assets and other long-term
        assets 	15 	  	   Net income 	37 	22,889,822.93 	3.Net increase in cash and cash equivalents
      	59 	  
	   Other cash received relating to investing
        activities 	16 	  	   Add:Provision for impairment
        of assets 	38 	23,739.21 	   Cash at the end of the period 	60 	15,533,304.75 
	   Sub-total of cash inflows 	17 	  	   Depreciation of fixed assets
      	39 	2,663,400.05 	   Less:Cash at the beginning of the
        period 	61 	6,641,139.33 
	   Cash paid to acquire fixed assets,intangible
        assets and 	  	  	  	  	  	  	  	  
	   other long-term assets 	18 	775,407.00 	   Amortisation of intangible
        assets 	40 	42,804.00 	   Plus:Cash equivalents at the beginning
        of the period 	62 	  
	   Cash paid to acquire investments 	19 	  	   Amortization of long-term
        prepayments 	41 	  	   Less:Cash equivalents at the beginning
        of the period 	63 	  
	   Other cash paid relating to investing
        activities 	20 	  	   Decrease to prepaid expense
        (or deduct:increase) 	42 	-189,677.82 	   Net increase in cash and cash equivalents
      	64 	8,892,165.42 
	   Sub-total cash outflows 	21 	775,407.00 	   Increase in accrued expense
        (or deduct:decrease) 	43 	556,800.18 	  	65 	  
	

        Net cash flows from investing activities 	

        22 	

        -775,407.00 	   Losses on disposal of
        fixed assets,intangible assets and other 

           long-term assets(or deduct:decrease) 	

        44 	
	
	

        66 	

  123

Schedule(11a)

QINHUANGDAO TIANDING CHEMICAL
  CO.,LTD.

  BALANCE SHEET

  As of 12 month 31 date ,2004

  	

        ITEM 
	LINE 

        NO. 	AT BEG. OF 

        YEAR 	AT END OF 

        PERIOD 	

        ITEM 
	LINE 

        NO. 	AT BEG. OF 

        YEAR 	AT END OF 

        PERIOD 
	Cash 	1 	1,003,969.78 	6,641,139.33 	Short term loans 	41 	47,349,800.00 	15,000,000.00 
	Short-term
        investments 	2
      	  	  	Notes payable 	42
      	  	  
	Notes receivable 	3 	  	  	Accounts payable 	43 	26,172,633.95 	3,935,890.19 
	Dividends receivable 	4 	  	  	Advance from customers 	44 	  	4,935,401.03 
	Interest
        expenses receivable 	5
      	  	  	Accrued payroll 	45
      	  	  
	Accounts receivable 	6 	24,695,341.01 	14,468,889.64 	Welfare expenses payable 	46 	1,919,884.22 	2,522,578.47 
	Other receivables 	7 	58,210,695.40 	999,310.32 	Dividends payable 	47 	  	19,000,000.00 
	Advances to suppliers 	8 	341,053.00 	64,440.01 	Taxes payable 	48 	79,553.09 	847,265.07 
	Subsidies receivable 	9 	  	  	Other payables of duty 	49 	  	  
	Inventories 	10 	23,420,941.55 	16,211,843.38 	Other payables 	50 	28,205,955.06 	6,056,138.90 
	 Including: materials and supplies 	11 	10,559,345.74 	12,258,888.26 	Accrued expenses 	51 	  	  
	goods in stores 	12 	12,567,414.57 	3,530,688.71 	Contingent liabilities 	52 	  	  
	Deferred and prepaid expenses 	13 	139,405.92 	95,158.13 	Long-term loans due within one year 	53 	  	  
	Commission loan 	14 	  	  	Other current liabilities 	54 	  	  
	Long-term creditor's right investments due with one
        year 	15 	  	  	TOTAL CURRENT LIABILITIES 	55 	103,727,826.32 	52,297,273.66 
	Other current
        assets 	16
      	  	  	Long-term loans 	56
      	  	  
	TOTAL CURRENT ASSETS 	17 	107,811,406.66 	38,480,780.81 	Debentures payable 	57 	  	  
	Long-term stock right investments 	18 	  	4,000,000.00 	Long-term payables 	58 	  	  
	Long-term
        creditor's right investments 	19
      	  	  	Special-purpose payables 	59
      	  	  
	*Difference after consolidation 	20 	  	  	Other long-term liabilities 	60 	  	  
	TOTAL LONG-TERM INVESTMENTS 	21 	  	4,000,000.00 	TOTAL LONG-TERM LIABILITIES 	61 	  	  
	Fixed assets-cost 	22 	38,295,836.88 	39,644,543.48 	Deferral taxes-credit 	62 	  	  
	Less:Accumulated depreciation 	23 	5,569,276.11 	8,236,345.30 	TOTAL LIABILITIES 	63 	103,727,826.32 	52,297,273.66 
	Fixed assets-net value 	24 	32,726,560.77 	31,408,198.18 	*Minority stockholder`s equity 	64 	  	  
	Less:Provision for loss of fixed assets 	25 	  	  	Paid in capital 	65 	20,000,000.00 	20,000,000.00 
	Net amount of fixed asset 	26 	32,726,560.77 	31,408,198.18 	Including: Foreign investment 	66 	5,000,000.00 	5,000,000.00 
	Construction materials 	27
      	  	  	Less:Investment Returned 	67
      	  	  
	Construction in progress 	28 	1,190,109.03 	1,938,463.03 	Net paid in capital 	68 	20,000,000.00 	20,000,000.00 
	Disposed of fixed assets 	29 	  	  	Capital surplus 	69 	4,719.76 	4,719.76 
	  	30 	  	  	Earned surplus 	70 	2,758,514.68 	3,160,310.84 
	TOTAL FIXED ASSETS 	31 	33,916,669.80 	33,346,661.21 	Including:Legal public welfare fund 	71 	  	  
	INTANGIBLE ASSETS 	32 	313,856.00 	271,052.00 	 *Unrecognized investment losses
      	72 	  	  
	 Including: land use right 	33 	  	  	Undistributed profit 	73 	15,550,871.70 	636,189.76 
	Long-term deferred and prepaid expenses 	34 	  	  	Foreign currency report translation difference
      	74 	  	  
	 Including: capital repair for fixed assets 	35
      	  	  	TOTAL OWNER'S EQUITY 	75
      	38,314,106.14 	23,801,220.36 
	               
         Improvement expenses for fixed assets 	36 	  	  	  	76 	  	  
	Other long-term assets 	37 	  	  	  	77 	  	  
	TOTAL INTANGIBLE ASSETS AND OTHER ASSETS 	38 	313,856.00 	271,052.00 	  	78 	  	  
	Deferral taxes-debit 	39 	  	  	  	79 	  	  
	TOTAL ASSETS 	40 	142,041,932.46 	76,098,494.02 	TOTAL LIABILITIES AND OWNER'S EQUITY
      	80 	142,041,932.46 	76,098,494.02 

  124

 

125

 

126

 

127

 

128

	Schedule(11b) 	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  
	 XINJIANG TIANREN CHEMICAL INDUSTRY CO.LTD.   
    
	   BALANCE SHEET   
    
	  	  	As of 12 month 31 date ,2005 	  	  	Unit:RMB yuan 
	

      ASSETS 
	LINE 

      NO. 	AT BEG. OF 

      YEAR 	AT END OF 

      PERIOD 	LIABILITIES AND OWNERS' EQUITY 
	LINE 

      NO. 	AT BEG. OF 

      YEAR 	AT
      END OF 

      

      PERIOD 
	 Cash 	1 	6,892,540.59 	10,228,756.48 	 Short term loans 	45 	10,000,000.00 	15,000,000.00 
	 Short-term investments 	2 	  	  	 Notes payable 	46 	5,000,000.00 	9,013,904.80 
	 Notes receivable 	3 	  	  	 Accounts payable 	47 	10,859,273.07 	21,824,915.51 
	 Dividends receivable 	4 	  	  	 Advance from customers 	48 	25,368,209.52 	3,630,152.06 
	 Interest expenses receivable 	5 	  	  	 Accrued payroll 	49 	  	  
	 Accounts receivable 	6 	1,868.40 	6,103,105.00 	 Welfare expenses payable 	50 	153,096.68 	326,711.39 
	 Other receivables 	7 	286,228.44 	574,412.35 	 Dividends payable 	51 	  	910,000.00 
	 Advances to suppliers 	8 	10,666,721.36 	1,547,228.60 	 Interest payable 	52 	  	  
	 Future bail 	9 	  	  	 Taxes payable 	53 	  	4,161.89 
	 Subsidies receivable 	10 	  	  	 Other payables of duty 	54 	  	91,611.66 
	 Export rebates 	11 	  	  	 Other payables 	55 	1,237,111.33 	17,182,543.79 
	 Inventories 	12 	37,562,130.26 	55,204,152.71 	 Accrued expenses 	56 	  	563215.75 
	   Including: materials and supplies 	13 	19,792,917.43 	19,364,756.33 	 Contingent liabilities 	57 	  	  
	goods in stores 	14 	15,142,445.06 	17,451,301.98 	 Deferral income 	58 	  	  
	 Deferred and prepaid expenses 	15 	  	  	 Long-term loans due within one year 	59 	  	  
	 Current asset gain or loss in suspense 	16 	  	  	 Other current liabilities 	60 	  	  
	 Long-term creditor's right investments due with one year
    	17 	  	  	TOTAL CURRENT LIABILITIES 	61 	52,617,690.60 	68,547,216.85 
	 Other current assets 	18 	  	  	 Long-term loans 	62 	  	  
	TOTAL CURRENT ASSETS 	19 	55,409,489.05 	73,657,655.14 	 Debentures payable 	63 	  	  
	LONG-TERM INVESTMENTS: 	20 	4,080,000.00 	4,721,440.57 	 Long-term payables 	64 	  	  
	 Long-term stock right investments 	21 	4,080,000.00 	4,721,440.57 	 Special-purpose payables 	65 	  	  
	 Long-term creditor's right investments 	22 	  	  	 Other long-term liabilities 	66 	  	  
	 *Difference after consolidation 	23 	  	  	 Including:special reserve 	67 	  	  
	TOTAL LONG-TERM INVESTMENTS 	24 	4,080,000.00 	4,721,440.57 	TOTAL LONG-TERM LIABILITIES 	68 	  	  
	 Fixed assets-cost 	25 	17,078,972.44 	18,164,138.34 	 Deferral taxes-credit 	69 	  	  
	 Less:Accumulated depreciation 	26 	1,104,844.93 	2,553,528.26 	TOTAL LIABILITIES 	70 	52,617,690.60 	68,547,216.85 
	 Fixed assets-net value 	27 	15,974,127.51 	15,610,610.08 	 *Minority stockholder`s equity 	71 	  	  
	 Less:Provision for loss of fixed assets 	28 	  	  	 Paid in capital 	72 	25,000,000.00 	25,000,000.00 
	 Net amount of fixed asset 	29 	15,974,127.51 	15,610,610.08 	 
         State capital 	73 	  	  
	 Construction materials 	30 	  	  	 
         Collectivity capital 	74 	  	  
	 Construction in progress 	31 	352,304.81 	710,896.18 	 
       Corporate captial 	75 	25,000,000.00 	25,000,000.00 
	 Disposed of fixed assets 	32 	  	  	 
       Including:State corporate captial 	76 	25,000,000.00 	25,000,000.00 
	 Fixed asset gain or loss in suspense 	33 	  	  	Collectivity corporate captial 	77 	  	  
	TOTAL FIXED ASSETS 	34 	16,326,432.32 	16,321,506.26 	 
       Individual captial 	78 	  	  
	 INTANGIBLE ASSETS 	35 	2,700,000.00 	2,400,000.00 	 
       Foreign captial 	79 	  	  
	   Including: land use right 	36 	  	  	 
         Capital surplus 	80 	  	4,810.00 
	 Long-term deferred and prepaid expenses 	37 	673,090.53 	504,817.89 	 
         Earned surplus 	81 	235,698.20 	795,508.96 
	   Including: capital repair for fixed assets 	38 	  	  	Including:Legal public welfare fund 	82 	157,132.13 	530,339.30 
	               Improvement
      expenses for fixed assets 	39 	673,090.53 	504,817.89 	 
       *Unrecognized investment losses 	83 	  	  
	 Other long-term assets 	40 	  	  	 
         Undistributed profit 	84 	1,335,623.10 	3,257,884.05 
	   Including: special reserve materials 	41 	  	  	Including:cash dividend 	85 	  	  
	TOTAL INTANGIBLE ASSETS AND OTHER ASSETS 	42 	3,373,090.53 	2,904,817.89 	 *Foreign currency report translation difference 	86 	  	  
	 Deferral taxes-debit 	43 	  	  	SUB-TOTAL OWNER'S EQUITY 	87 	26,571,321.30 	29,058,203.01 
	TOTAL ASSETS 	44 	79,189,011.90 	97,605,419.86 	Less:assets losses 	88 	  	  
	  	  	  	  	TOTAL OWNER'S EQUITY 	89 	26,571,321.30 	29,058,203.01 
	  	  	  	  	TOTAL LIABILITIES AND OWNER'S EQUITY 	90 	79,189,011.90 	97,605,419.86 

129 

 

130

 

131

 

132 

 

133

 

134

 

135

	Schedule(11c) 	  	  	  
	HEBEI TIANREN AGRICULTURAL FRANCHISE CO.,LTD. 
    
	 INCOME STATEMENT   
	Jan.-March,2006 
	 Prepared by: Qinhuangdao Tianding Chemical Industry Co.Ltd
    	  	  Unit:RMB yuan 
	                 
                           I
      T E M S 	LINE NO. 	March 31st,06 	Total 
	1.Sales from major operations 	1 	281,483,942.51 	376,989,063.46 
	       Less:Cost of major operations 	2 	276,380,250.78 	370,166,452.69 
	                 
       Sales tax 	3 	  	  
	 	 4	 	 
	2.Income/loss from major operations 	5 	5,103,691.73 	6,822,610.77 
	       Add:Income from other operations 	6 	  	  
	       Less:Operating expenses 	7 	7,864,339.27 	10,772,892.13 
	Financial expenses 	8 	-21,137.37 	-20,697.42 
	    	 9	 	 
	3.Operating profit/loss 	10 	-2,739,510.17 	-3,929,583.94 
	       Add:Investments income/loss 	11 	  	  
	       Add:Tax refunding income 	12 	  	  
	       Add:Non-operating income 	13 	  	  
	Others 	14 	  	  
	       Less:Non-operating expenses 	15 	  	  
	Others 	16 	  	  
	4.Income/Loss before tax 	17 	-2,739,510.17 	-3,929,583.94 
	       Less:Income tax 	18 	  	  
	Minority stockholder`s profit 	19 	  	  
	Add: Unrecognized investment losses 	20 	  	  
	5.Net income/loss 	21 	-2,739,510.17 	-3,929,583.94 

136

 

137

 

138

 

139

 

140

 

141

 

142

 

143

	Schedule(11d) 	  	  	  
	YICHANG TIANLONG INDUSTRY CO.,LTD. 
    
	Income Statement And Statement of Profit Distribution 
    
	 Jan.-March, 2006   
	   
         Prepared by :Yichang Tianlong Chemical Industry Co.,Ltd 	  	Unit:RMB yuan 
	I T E M S 	LINE NO. 	March 31st,06 	Total 
	1.Sales from major operations 	1 	1,274,359.56 	2,764,625.11 
	       Less:Cost of major operations 	2 	1,227,887.04 	2,677,050.07 
	                 
       Sales tax 	3 	  	3,287.81 
	 	4	 	 
	2.Income/loss from major operations 	5 	46,472.52 	84,287.23 
	       Add:Income from other operations 	6 	  	- 
	       Less:Operating expenses 	7 	12,228.40 	25,992.80 
	Financial expenses 	8 	-688.12 	-579.12 
	Management expsense 	9 	41,588.89 	156,284.21 
	3.Operating profit/loss 	10 	-6,656.65 	-97,410.66 
	       Add:Investments income/loss 	11 	  	  
	       Add:Tax refunding income 	12 	  	  
	       Add:Non-operating income 	13 	  	  
	Others 	14 	  	  
	       Less:Non-operating expenses 	15 	  	  
	Others 	16 	  	  
	4.Income/Loss before tax 	17 	-6,656.65 	-97,410.66 
	       Less:Income tax 	18 	  	  
	Minority stockholder`s profit 	19 	  	  
	Add: Unrecognized investment losses 	20 	  	  
	5.Net income/loss 	21 	-6,656.65 	-97,410.66 

 

144

	Schedule(11d) 	  	  	  	  	  	  	  
	 YICHANG TIANLONG INDUSTRY CO.,LTD.   
    
	   BALANCE SHEET   
    
	  	  	As of 12 month 31 date ,2005 	  	  	Unit:RMB yuan 
	

      ASSETS 
	LINE 

      NO. 	AT BEG. OF 

      YEAR 	AT END OF 

      PERIOD 	

      LIABILITIES AND OWNERS' EQUITY 
	LINE 

      NO. 	AT BEG. OF 

      YEAR 	AT END OF 

      PERIOD 
	CURRENT ASSETS: 	  	  	  	CURRENT LIABILITIES: 	  	  	  
	 Cash 	1 	1,519,388.77 	904,689.39 	 Short term loans 	39 	  	  
	 Short-term investments 	2 	  	  	 Notes payable 	40 	  	  
	 Notes receivable 	3 	4,000,000.00 	  	 Accounts payable 	41 	3,072,129.53 	12,188.00 
	 Dividends receivable 	4 	  	  	 Advance from customers 	42 	  	  
	 Interest expenses receivable 	5 	  	  	 Other payables 	43 	1,004,373.24 	61,997.90 
	 Accounts receivable 	6 	10,985,330.57 	7,990,831.61 	 Accrued payroll 	44 	17007.35 	16244.55 
	Less:provision for bad debts 	7 	  	  	 Welfare expenses payable 	45 	11,677.16 	24,127.03 
	 Net Accounts receivable 	8 	10,985,330.57 	7,990,831.61 	 Taxes payable 	46 	318,356.08 	11,647.88 
	 Advances to suppliers 	9 	8,207,091.48 	9,194,367.21 	 Dividends payable 	47 	  	1,285,791.04 
	 Other receivables 	10 	161,208.32 	1,095,558.89 	 Other payables of duty 	48 	9,814.44 	6.90 
	 Inventories 	11 	687,572.33 	3,231,945.77 	 Accrued expenses 	49 	  	  
	 Deferred and prepaid expenses 	12 	  	  	 Long-term loans due within one year 	50 	  	  
	 Current asset gain or loss in suspense 	13 	  	  	 Other current liabilities 	51 	  	  
	 Long-term creditor's right investments due 	14 	  	  	  	52 	  	  
	with one year 	  	  	  	  	  	  	  
	 Other current assets 	15 	  	  	TOTAL CURRENT LIABILITIES 	53 	4,433,357.80 	1,412,003.30 
	TOTAL CURRENT ASSETS 	16 	25,560,591.47 	22,417,392.87 	  	54 	  	  
	  	17 	  	  	LONG-TERM LIABILITIES: 	55 	  	  
	LONG-TERM INVESTMENTS: 	18 	  	  	 Long-term loans 	56 	  	  
	 Long-term stock right investments 	19 	  	  	 Long-term payables 	57 	  	  
	 Long-term creditor's right investments 	20 	  	  	 Other long-term liabilities 	58 	  	  
	  	21 	  	  	 Occupation risk fund 	59 	  	  
	FIXED ASSETS: 	22 	  	  	TOTAL LONG-TERM LIABILITIES 	60 	  	  
	 Fixed assets-cost 	23 	264,099.00 	264,099.00 	  	61 	  	  
	 Less:Accumulated depreciation 	24 	34,612.85 	82,150.73 	DEFERRAL TAXES: 	62 	  	  
	 Fixed assets-net value 	25 	229,486.15 	181,948.27 	 Deferral taxes-credit 	63 	  	  
	 Construction in progress 	26 	  	  	  	64 	  	  
	 Fixed asset gain or loss in suspense 	27 	  	  	TOTAL LIABILITIES 	65 	4,433,357.80 	1,412,003.30 
	TOTAL FIXED ASSETS 	28 	229,486.15 	181,948.27 	  	66 	  	  
	  	29 	  	  	OWNERS' EQUITY: 	67 	  	  
	INTANGIBLE ASSETS AND OTHER ASSETS: 	30 	  	  	 Paid in capital 	68 	20,000,000.00 	20,000,000.00 
	 INTANGIBLE ASSETS 	31 	  	  	 Capital surplus 	69 	  	  
	 Long-term deferred and prepaid expenses 	32 	155,975.53 	120,877.45 	 Earned surplus 	70 	226,904.31 	389,100.96 
	 Other long-term assets 	33 	  	  	 Undistributed profit 	71 	1,285,791.04 	919,114.33 
	TOTAL INTANGIBLE ASSETS AND OTHER ASSETS 	34 	155,975.53 	120,877.45 	  	72 	  	  
	  	35 	  	  	  	73 	  	  
	DEFERRAL TAXES: 	36 	  	  	TOTAL OWNER'S EQUITY 	74 	21,512,695.35 	21,308,215.29 
	 Deferral taxes-debit 	37 	  	  	  	75 	  	  
	TOTAL ASSETS 	38 	25,946,053.15 	22,720,218.59 	TOTAL LIABILITIES AND OWNER'S EQUITY 	76 	25,946,053.15 	22,720,218.59 

 

145

	Schedule(11d) 	  	  	  	  	  	  	  
	 YICHANG TIANLONG INDUSTRY CO.,LTD.   
    
	   BALANCE SHEET   
    
	  	  	As of 12 month 31 date ,2005 	  	  	Unit:RMB yuan 
	

      ASSETS 
	LINE 

      NO. 	AT BEG. OF 

      YEAR 	AT END OF 

      PERIOD 	

      LIABILITIES AND OWNERS' EQUITY 
	LINE 

      NO. 	AT BEG. OF 

      YEAR 	AT END OF 

      PERIOD 
	CURRENT ASSETS: 	  	  	  	CURRENT LIABILITIES: 	  	  	  
	 Cash 	1 	1,519,388.77 	904,689.39 	 Short term loans 	39 	  	  
	 Short-term investments 	2 	  	  	 Notes payable 	40 	  	  
	 Notes receivable 	3 	4,000,000.00 	  	 Accounts payable 	41 	3,072,129.53 	12,188.00 
	 Dividends receivable 	4 	  	  	 Advance from customers 	42 	  	  
	 Interest expenses receivable 	5 	  	  	 Other payables 	43 	1,004,373.24 	61,997.90 
	 Accounts receivable 	6 	10,985,330.57 	7,990,831.61 	 Accrued payroll 	44 	17007.35 	16244.55 
	Less:provision for bad debts 	7 	  	  	 Welfare expenses payable 	45 	11,677.16 	24,127.03 
	 Net Accounts receivable 	8 	10,985,330.57 	7,990,831.61 	 Taxes payable 	46 	318,356.08 	11,647.88 
	 Advances to suppliers 	9 	8,207,091.48 	9,194,367.21 	 Dividends payable 	47 	  	1,285,791.04 
	 Other receivables 	10 	161,208.32 	1,095,558.89 	 Other payables of duty 	48 	9,814.44 	6.90 
	 Inventories 	11 	687,572.33 	3,231,945.77 	 Accrued expenses 	49 	  	  
	 Deferred and prepaid expenses 	12 	  	  	 Long-term loans due within one year 	50 	  	  
	 Current asset gain or loss in suspense 	13 	  	  	 Other current liabilities 	51 	  	  
	 Long-term creditor's right investments due 	14 	  	  	  	52 	  	  
	with one year 	  	  	  	  	  	  	  
	 Other current assets 	15 	  	  	TOTAL CURRENT LIABILITIES 	53 	4,433,357.80 	1,412,003.30 
	TOTAL CURRENT ASSETS 	16 	25,560,591.47 	22,417,392.87 	  	54 	  	  
	  	17 	  	  	LONG-TERM LIABILITIES: 	55 	  	  
	LONG-TERM INVESTMENTS: 	18 	  	  	 Long-term loans 	56 	  	  
	 Long-term stock right investments 	19 	  	  	 Long-term payables 	57 	  	  
	 Long-term creditor's right investments 	20 	  	  	 Other long-term liabilities 	58 	  	  
	  	21 	  	  	 Occupation risk fund 	59 	  	  
	FIXED ASSETS: 	22 	  	  	TOTAL LONG-TERM LIABILITIES 	60 	  	  
	 Fixed assets-cost 	23 	264,099.00 	264,099.00 	  	61 	  	  
	 Less:Accumulated depreciation 	24 	34,612.85 	82,150.73 	DEFERRAL TAXES: 	62 	  	  
	 Fixed assets-net value 	25 	229,486.15 	181,948.27 	 Deferral taxes-credit 	63 	  	  
	 Construction in progress 	26 	  	  	  	64 	  	  
	 Fixed asset gain or loss in suspense 	27 	  	  	TOTAL LIABILITIES 	65 	4,433,357.80 	1,412,003.30 
	TOTAL FIXED ASSETS 	28 	229,486.15 	181,948.27 	  	66 	  	  
	  	29 	  	  	OWNERS' EQUITY: 	67 	  	  
	INTANGIBLE ASSETS AND OTHER ASSETS: 	30 	  	  	 Paid in capital 	68 	20,000,000.00 	20,000,000.00 
	 INTANGIBLE ASSETS 	31 	  	  	 Capital surplus 	69 	  	  
	 Long-term deferred and prepaid expenses 	32 	155,975.53 	120,877.45 	 Earned surplus 	70 	226,904.31 	389,100.96 
	 Other long-term assets 	33 	  	  	 Undistributed profit 	71 	1,285,791.04 	919,114.33 
	TOTAL INTANGIBLE ASSETS AND OTHER ASSETS 	34 	155,975.53 	120,877.45 	  	72 	  	  
	  	35 	  	  	  	73 	  	  
	DEFERRAL TAXES: 	36 	  	  	TOTAL OWNER'S EQUITY 	74 	21,512,695.35 	21,308,215.29 
	 Deferral taxes-debit 	37 	  	  	  	75 	  	  
	TOTAL ASSETS 	38 	25,946,053.15 	22,720,218.59 	TOTAL LIABILITIES AND OWNER'S EQUITY 	76 	25,946,053.15 	22,720,218.59 

 

146

 

147

	Schedule(11d) 	  	  	  	  	  
	YICHANG TIANLONG INDUSTRY CO.,LTD.  
    
	  BALANCE SHEET

      As of 12 month 31 date ,2004 
		Unit:RMB yuan 
	

      

      ASSETS 

      
	

      LINE 

      NO. 
	AT BEG. 

      AT END OF 

      OF 

      PERIOD 

      YEAR 	

      

      LIABILITIES AND OWNERS' EQUITY 

      
	

      LINE AT BEG. 

      NO. OF YEAR
	

      AT END OF  PERIOD

      

      

	CURRENT ASSETS: 	  	  	CURRENT LIABILITIES: 	  	  
	 Cash 	1 	1,519,388.77 	 Short term loans 	38 	  
	 Short-term investments 	2 	  	 Notes payable 	39 	  
	 Accounts receivable 	3 	10,985,330.57 	 Accounts payable 	40 	3,072,129.53 
	Less:provision for bad debts 	4 	  	 Advance from customers 	41 	  
	 Net Accounts receivable 	5 	10,985,330.57 	 Other payables 	42 	1,004,373.24 
	 Notes receivable 	6 	4,000,000.00 	 Accrued payroll 	43 	17,007.35 
	 Advances to suppliers 	7 	8,207,091.48 	 Welfare expenses payable 	44 	11,677.16 
	 Other receivables 	8 	161,208.32 	 Taxes payable 	45 	318,356.08 
	 Inventories 	9 	687,572.33 	 Dividends payable 	46 	  
	 Deferred and prepaid expenses 	10 	  	 Other payables of duty 	47 	9,814.44 
	 Current asset gain or loss in suspense 	11 	  	 Accrued expenses 	48 	  
	 Long-term creditor s right investments due 	  	  	  	  	  
	with one year 	12 	  	 Long-term loans due within one year 	49 	  
	 Other current assets 	13 	  	 Other current liabilities 	50 	  
	  	14 	  	  	51 	  
	TOTAL CURRENT ASSETS 	15 	25,560,591.47 	TOTAL CURRENT LIABILITIES 	52 	4,433,357.80 
	LONG-TERM INVESTMENTS: 	16 	  	  	53 	  
	 Long-term investments 	17 	  	LONG-TERM LIABILITIES: 	54 	  
	  	18 	  	 Long-term loans 	55 	  
	FIXED ASSETS: 	19 	  	 Long-term payables 	56 	  
	 Fixed assets-cost 	20 	264,099.00 	 Other long-term liabilities 	57 	  
	 Less:Accumulated depreciation 	21 	34,612.85 	 Occupation risk fund 	58 	  
	 Fixed assets-net value 	22 	229,486.15 	TOTAL LONG-TERM LIABILITIES 	59 	  
	 Construction in progress 	23 	  	DEFERRAL TAXES: 	60 	  
	 Fixed asset gain or loss in suspense 	24 	  	 Deferral taxes-credit 	61 	  
	  	25 	  	  	62 	  
	  	26 	  	TOTAL LIABILITIES 	63 	4,433,357.80 
	TOTAL FIXED ASSETS 	27 	229,486.15 	  	64 	  
	INTANGIBLE ASSETS AND OTHER ASSETS: 	28 	  	OWNERS' EQUITY: 	65 	  
	 INTANGIBLE ASSETS 	29 	  	 Paid in capital 	66 	20,000,000.00 
	   prepaid expenses 	30 	155,975.53 	 Capital surplus 	67 	  
	  	31 	  	 Earned surplus 	68 	226,904.31 
	TOTAL INTANGIBLE ASSETS AND PREPAID EXPENSES 	32 	155,975.53 	 Undistributed profit 	69 	1,285,791.04 
	  	33 	  	  	70 	  
	Other long-term assets 	34 	  	  	71 	  
	 Other long-term assets 	35 	  	TOTAL OWNER'S EQUITY 	72 	21,512,695.35 
	  	36 	  	  	73 	  
	TOTAL ASSETS 	37 	25,946,053.15 	TOTAL LIABILITIES AND OWNER'S EQUITY 	74 	25,946,053.15 

 

148

 

149

 

150

	Schedule(12a) 	  	  	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  	  	  
	  QINHUANGDAO TIANDING CHEMICAL CO.,LTD.   
    
	  	  	  	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  	  	  
	  2005 LIST OF LOANS AND CREDIT FACILITIES   
    
	

      

      bank 	

      

      Accrediting line 	

      Accrediting 

      date 	

      

      Due date 	

      

      Use value 	

      Interest 

      rate 	

      Acceptance bill 

      sort 	

      Date of 

      draft 	Acceptance 

      maturity 

      date 	Amount of 

      acceptance 

      bill Remark 
	Jianshedajie 

      subbranch,China 

      Construction Bank 	

      

      25,000,000.00 	

      

      2005-12-15 	

      

      2006-12-15 	

      

      11,800,000.00 	

      

      5.58% 	

      

      bank acceptance 	

      
	

      
	

      

 

151

	Schedule(12b) 	  	  	  	  	  	  	  	  	  	 
	  	  	  	  	  	  	  	  	  	  	 
	   XINJIANG TIANREN CHEMICAL CO.,LTD.   
    	 
	  	  	  	  	  	  	  	  	  	  	 
	  2005 LIST OF LOANS AND CREDIT FACILITIES   
    	 
	

      Bank 	

      Accrediting line 	Accrediting 

      date 	

      Due date 	

      Use value 	Interest 

      rate 	Acceptance bill

      sort 	Date of

      draft 	maturity 

      date 	Amount of 

      acceptance bill 	

      Remark 
	Urumchi branch , Bank 

      of Communications 	

      10,000,000.00 	

      2005-3-30 	

      2006-9-30 	

      9,013,904.80 	
	

      bank acceptance 	

      2005-10-11 	

      2006-4-11 	

      2,150,000.00 	

	Urumchi branch , Bank 

      of Communications 	
	
	
	
	
	

      bank acceptance 	

      2005-10-31 	

      2006-4-30 	

      533,850.00 	

	Urumchi branch , Bank 

      of Communications 	
	
	
	
	
	

      bank acceptance 	

      2005-11-2 	

      2006-5-2 	

      1,080,000.00 	

	Urumchi branch , Bank 

      of Communications 	
	
	
	
	
	

      bank acceptance 	

      2005-11-15 	

      2006-5-15 	

      800,000.00 	

	Urumchi branch , Bank 

      of Communications 	
	
	
	
	
	

      bank acceptance 	

      2005-11-17 	

      2006-5-17 	

      977,610.00 	

	Urumchi branch , Bank 

      of Communications 	
	
	
	
	
	

      bank acceptance 	

      2005-11-28 	

      2006-5-28 	

      138,844.80 	

	Urumchi branch , Bank 

      of Communications 	
	
	
	
	
	

      bank acceptance 	

      2005-11-30 	

      2006-5-30 	

      1,026,000.00 	

	Urumchi branch , Bank 

      of Communications 	
	
	
	
	
	

      bank acceptance 	

      2005-11-30 	

      2006-5-30 	

      1,707,600.00 	

	Urumchi branch , Bank 

      of Communications 	
	
	
	
	
	

      bank acceptance 	

      2005-11-30 	

      2006-5-30 	

      600,000.00 	

	Urumchi branch , Bank 

      of Communications 	

      5,000,000.00 	

      2005-3-29 	

      2006-2-28 	

      5,000,000.00 	

      6.138% 	
	
	
	
	

	Urumchi branch , China 

      Construction Bank 	

      2,000,000.00 	

      2005-7-26 	

      2006-7-25 	

      10,000,000.00 	

      6.138% 	
	
	
	
	

	Urumchi branch , China 

      Construction Bank 	

      8,000,000.00 	

      2004-2-20 	

      2006-2-19 	

      8,000,000.00 	

      6.138% 	
	
	
	
	

152

	Schedule(13a) 	  	  	  	  	  	  	  	 
	  	  	  	  	  	  	  	  	 
	  	  	  	  	  	  	  	  	 
	  QINHUANGDAO TIANDING CHEMICAL CO.,LTD.  
    	 
	  	  	  	  	  	  	  	  	 
	  	  	  	  	  	  	  	  	 
	  2005 LIST OF BANK FACILITIES    	 
	

      

      Bank of deposit 

      
	

      

      Bank account 

      
	

      

      Opening date 

      
	

      

      Account sort 

      
	

      Bank deposit journal 

      balance 
	

      Bank statement 

      balance 
	Adjust 

      account 

      balance 	

      Adjustment after 

      reconciliation 
	

      

      Remark 

      

	

      

      Jianshedajie subbranch,China 

         Construction Bank 	

      

      

      13001635208050000074 	

      

      

      2001-5-23 	

      

      

      base account 	

      

      

      7,263,544.43 	

      

      

      9,124,485.11 	

      

      

      equality 	

      

      

      9,124,485.11 	

      

      

	Shanhaiguan Kaifaqu 

      subbranch,Qinhuangdao 

         Commercial Bank 	

      

      623010120102020357 	

      

      2003-10-13 	

      

      general account 	

      

      19.09 	

      

      19.09 	

      

      equality 	

      

      19.09 	

      

	

      Huanghedao subbranch,Bank of 

         Communications 	

      

      133050066018000809635 	

      

      2004-8-18 	

      

      general account 	

      

      64,150.24 	

      

      64,150.24 	

      

      equality 	

      

      64,150.24 	

      

	

      Kaifaqu subbranch,Bank of 

         China 	

      

      15512608093001 	

      

      2005-8-25 	

      

      general account 	

      

      4,205,187.32 	

      

      4,205,187.32 	

      

      equality 	

      

      4,205,187.32 	

      

	

      Chezhan subbranch,Bank of 

         Communications 	

      

      133050037018010002386 	

      

      2005-12-15 	

      

      general account 	

      

      4,000,000.00 	

      

      4,000,000.00 	

      

      equality 	

      

      4,000,000.00 	

      

 

153

 

154

 

155

 

156

 

157

 

158

 

159

 

160

 

161

 

162

 

163

 

164

 

165

SCHEDULE (15)

“LIST OF TAXATION ISSUES” for TIANREN

- None -

 

166

SCHEDULE (16)

“POSSIBLE LITIGATION” for TIANREN

- None -

167

SCHEDULE (17)

“List of potential environmental violations” for TIANREN

- None -

 

168 

SCHEDULE (18)

“List of environmental Orders regarding environment”
  for TIANREN

- None -

 

169 

Schedule (19)

“List of environmental Claims regarding environment”
  for Tianren

- None -

 

170 

SCHEDULE (20) 

“LIST OF NO SUBSIDIARIES”

Unless otherwise disclosed in the final agreement, Spur has no
  other subsidiaries.

171

 

172

SCHEDULE (22) 

“LIST OF MATERIAL CHANGES”

- None -

 

173 

SCHEDULE (23) 

“LIST OF LOANS AND CREDIT FACILITIES”

- None -

 

174 

SCHEDULE (24) 

“LIST OF LEGAL AND REGULATORY MATTERS”

- None -

 

175 

SCHEDULE (25) 

“Legal opinion” for TIANREN

- None -

 

176 

SCHEDULE (26)

“DIVIDEND CALCULATION”

Tianren will be entitled to receive 5/12 of the total net income,
  if any, earned by the Target Companies in respect of the 2006 financial year
  (the "Tianren Portion"). The Tianren Portion will be paid within 30 days of
  the completion of the audited financial statements for the Target Companies
  (the "Statement Date"), and will be paid by way of dividend in the event Tianren
  is the beneficial owner of the shares in any of the Target Companies at the
  Statement Date. In the event Spur is the beneficial owner of the shares in all
  of the Target Companies at the Statement Date, Spur will cause one or more of
  the Target Companies to pay an amount equal to the Tianren Portion directly
  to Tianren. The parties agree that no Target Company will declare any dividend
  in 2007 other than as set out in this schedule. 

 

177

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