Document:

THIS AGREEMENT
is made 17th day of May, 2012

 

BETWEEN:

 

TrioResources AG, a Ontario
corporation, (the “Purchaser”)

 

- and -

 

2023682 Ontario Inc. DBA Canamet
Resources and Jeffrey D. Reid,

 

(the “Vendor”)

 

The Purchaser and the
Vendor agree as follows:

 

1. The Purchaser shall
purchase from the Vendor and the Vendor shall sell to the Purchaser, as a going concern, the Vendor’s Assets (the “Assets”)
and all the assets and rights used in carrying on the Business other than cash on hand and in the bank or other similar depository
(the “Purchased Assets”) including:

 

		(a)	Property Parcel 1. PT E 1/2 of N 1/2 Lot 3 CON 4 as in NP 1503 S/T NL 10177 Coleman District of
Temiskaming

 

		(b)	Property Parcel 2. SW 1⁄4 of N 1⁄2 Lot 3 Con 4 as in NP1644 S/T NLT 17839 Coleman District
of Temiskaming

 

		(c)	Real Property Including the Two buildings, Office/locker room, 40 foot Storage Container, Portable
loading ramps

 

		(d)	Inventory of Cobalt/Silver feedstock on the property approximately 4,000 metric tons

 

		(e)	All Equipment including Cat 235B Excavator, 22x13 Jaw Crusher, Vibratory Screeners, 2 Cat Diesel
300 KVA Generators, Gehl Skid Steer 330, Lift Truck, Digital Scale, and High Speed bagging equipment but excluding Mill Equipment.

 

		(f)	Patented Claims 1831 NND and Patented Claim 3694NND.

 

    	 

    	 

    

 

		2	The purchase price payable for the Purchased Assets of $600,000 (the “Purchase Price”)
shall be allocated in accordance with Schedule A and shall be paid as follows:

 

		(i)	cash of $100,000.00 CDN (“Cash”); and

 

		(ii)	a Vendor Note representing $500,000 which shall be automatically convertible into common shares
of the Company upon the completion of a Go-Public Transaction. The convertible price of the shares shall be the average 5 day BID
price of the stock within 30 days of the company going public The Vendor Note shall bear interest at the rate of [3%] per annum
starting 12 months after closing. The interest shall be accrued and be added to the principal of the Vendor Note for the purposes
of determining the number of shares in on a Go-Public Transaction.

 

		3	The transaction shall be completed on 15th day of June, 2012 (the “Closing Date”)
at 12 a.m. at Pickering when the Purchaser shall pay the Cash to the Vendor by negotiable certified cheque or bank draft, subject
to the adjustments provided for herein, against delivery of the documents to be delivered by the Vendor to the Purchaser hereunder
on the Closing Date.

 

		4	Real property taxes, electricity, water, fuel and shall be appropriately adjusted between the Vendor
and the Purchaser as of the Closing Date.

 

		5	The Purchaser shall assume the Vendor’s obligations with respect to liabilities in respect
of which an adjustment is made pursuant to section 4. but shall not assume any other liabilities or obligations of the Vendor.
The Vendor shall indemnify and hold the Purchaser harmless against all loss, costs or damages which the Purchaser may suffer as
a result of the assertion against the Purchaser at any time after the Closing Date by any person, firm or corporation of any failure
or alleged failure of the Vendor to perform or satisfy any of its liabilities or obligations other than those assumed by the Purchaser
hereunder.

 

    	- 2 -

    	 

    

 

		6	On the Closing Date the Vendor shall deliver to the Purchaser:

 

		a.	all conveyances, bills of sale, transfers, assignments, consents and other documents necessary
to vest in the Purchaser good and marketable title, free and clear of all liens, charges and encumbrances, to the Purchased Assets;

 

		b.	evidence satisfactory to the Purchaser that the Vendor has complied with the Bulk Sales Act
(Ontario) and that all taxes payable by the Vendor under the Retail Sales Tax Act (Ontario) have been paid;

 

		c.	evidence satisfactory to the Purchaser that all necessary corporate action (including shareholder
approval) has been duly taken to approve this agreement and the sale of the Purchased Assets hereunder.

 

		7	From time to time after the Closing Date, the Vendor shall deliver to the Purchaser such further
documents and take such further action as the Purchaser may reasonably request to convey, transfer and assign the Purchased Assets
to the Purchaser.

 

		8	Until the Closing Date the Vendor shall:

 

		a.	conduct the Business in the ordinary course and maintain the goodwill of the Business;

 

		b.	not enter into any contract, commitment or transaction pertaining to the Business except as necessary
to conduct the Business in the ordinary course;

 

		c.	not increase wages, salaries or other compensation of any employee of the Business;

 

		d.	not sell, dispose of or encumber any of the Purchased Assets other than inventories used in the
ordinary course of the Business;

 

    	- 3 -

    	 

    

 

		e.	give to Purchaser’s representatives full access during business hours to all assets, agreements
and records relating to the Business and furnish them with such information as they may reasonably request.

 

		9	The Purchased Assets shall remain at the risk of the Vendor up to the Closing Date. If any of the
Purchased Assets are lost, damaged or destroyed the Purchaser may, at its option, either terminate this agreement or complete the
purchase and have all proceeds of insurance paid to it.

 

		a.	it owns and has good and marketable title, free and clear of all liens, charges and encumbrances
(except for liens for current taxes not yet due) to all of the Purchased Assets and has the right to sell them to the Purchaser;

 

		b.	it is a resident of Canada under the Income Tax Act (Canada);

 

		c.	all facts relating to the Business and the Purchased Assets which would be material to an intending
purchaser of the Purchased Assets and the Business have been disclosed to the Purchaser; and

 

		d.	the foregoing warranties will be true on and as of the Closing Date with the same effect as if
made on and as of the Closing Date.

 

		10	All representations, warranties and agreements contained herein shall survive the closing of the
transaction and shall continue for the applicable limitation period.

 

		11	All representations, warranties and agreements of the Vendor herein may, at the Purchaser’s
option, be treated as conditions, the breach of any of which will entitle the Purchaser to terminate this agreement.

 

		12	Time is of the essence of this agreement.

 

    	- 4 -

    	 

    

 

		13	This agreement shall be governed by and construed in accordance with the laws of the Province of
Ontario and the laws of Canada applicable therein.

 

	 	TrioResources AG
	 	 	 
	 	by:	 
	 	 	Angelo Boujos
	 	 	President
	 	 	 
	 	2023682 Ontario Inc.
	 	 	 
	 	by:	 
	 	 	Jeffrey Reid
	 	 	President
	 	 	 
	 	DBA Canamet Resources.
	 	 	 
	 	by:	 
	 	 	Jeffrey Reid
	 	 	President
	 	 	 
	 	Jeffrey Reid.
	 	 	 
	 	by:	 
	 	 	Jeffrey Reid

 

    	- 5 -

    	 

    

 

SCHEDULE A

 

Purchased Assets

 

		 	A	Mining Equpt
	TrioResources AG Inc.	B	Moterized Equpt
	 	C	Generators/Furances
	 	D	Containers

 

	 	 	 	 	 	 	 	 	PURCHASE	 	 	 	 	 	AMORT/	 	 	 	 
	BREAKDOWN OF PURCHASE AND SALE AGREEMENT	 	 	 	 	PRICE	 	 	LIFE	 	 	YEAR	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Crusher	 	 	1	 	 	 	A	 	 	$	75,000	 	 	 	5	 	 	 	15000	 	 	 	1,250	 
	Generator	 	 	2	 	 	 	A	 	 	$	60,000	 	 	 	5	 	 	 	12000	 	 	 	1,000	 
	Cat Excavator 235B	 	 	1	 	 	 	B	 	 	$	45,000	 	 	 	5	 	 	 	9000	 	 	 	750	 
	Screener & Conveyor	 	 	1	 	 	 	A	 	 	$	40,000	 	 	 	5	 	 	 	8000	 	 	 	667	 
	Bagger	 	 	1	 	 	 	A	 	 	$	25,000	 	 	 	5	 	 	 	5000	 	 	 	417	 
	Digital Scale	 	 	1	 	 	 	A	 	 	$	5,000	 	 	 	5	 	 	 	1000	 	 	 	83	 
	Office/Locker Room	 	 	1	 	 	 	D	 	 	$	10,000	 	 	 	5	 	 	 	2000	 	 	 	167	 
	Storage Container	 	 	1	 	 	 	D	 	 	$	1,000	 	 	 	5	 	 	 	200	 	 	 	17	 
	Furnaces	 	 	2	 	 	 	C	 	 	$	16,000	 	 	 	5	 	 	 	3200	 	 	 	267	 
	Ball Mill	 	 	1	 	 	 	A	 	 	$	55,000	 	 	 	5	 	 	 	11000	 	 	 	917	 
	Lift Truck	 	 	1	 	 	 	B	 	 	$	3,000	 	 	 	5	 	 	 	600	 	 	 	50	 
	Skid Steer	 	 	1	 	 	 	B	 	 	$	30,000	 	 	 	5	 	 	 	6000	 	 	 	500	 
	Compressor	 	 	1	 	 	 	B	 	 	$	800	 	 	 	5	 	 	 	160	 	 	 	13	 
	Gas Generators	 	 	1	 	 	 	B	 	 	$	1,000	 	 	 	5	 	 	 	200	 	 	 	17	 
	Tools	 	 	1	 	 	 	E	 	 	$	10,000	 	 	 	5	 	 	 	2000	 	 	 	167	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	75360	 	 	 	6282	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	EQUIPMENT	 	 	 	 	 	 	 	 	 	$	376,800	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	BUILDING/CLAIMS	 	 	 	 	 	 	 	 	 	$	95,200	 	 	 	20	 	 	 	4,760	 	 	 	396.6667	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	INVENTORY	 	 	4000 MT @ $32	 	 	 	 	 	 	$	128,000	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	TOTAL PURCHASE	 	 	 	 	 	 	 	 	 	$	600,000	 	 	 	 	 	 	 	 	 	 	 	 	 

 

    	SCHEDULE
                                                                                                                                                                                               A
                                                                                                                                                                                               -
                                                                                                                                                                                               Page
                                                                                                                                                                                               iCONSULTANT SERVICES AGREEMENT 

 

THIS CONSULTANT SERVICES
AGREEMENT (the "Agreement"), is made and entered into effective the 17th day of May, 2012, by and between
Trio Resources AG Inc., a limited company formed under the laws of Ontario (with its affiliated entities, collectively, the “Company”)
and Seagel Investment Corp.., a corporation formed under the laws of Ontario (the “Consultant”).

 

RECITALS

 

WHEREAS, Consultant
desires provide business services to Company, and Company desires to engage Consultant as an independent contractor to provide
services on the terms and conditions set forth herein; and

 

NOW, THEREFORE, in
consideration of the obligations herein made and undertaken, the parties, intending to be legally bound, covenant and agree as
follows:

 

		1.	Services.

 

Consultant shall provide the following “Services”
on a best efforts basis:

 

		1.1	Assist you in the establishment or reorganization of your overall corporate structure, which may
include Trio Resources AG Inc. (Nevada Public Company) and Trio Resources AG Inc.

 

		1.2	Assist you in developing and implementing appropriate plans and means for presenting your business
and business plans, strategy and personnel to the financial community, including introductions to third parties providing corporate
services (as needed), such as a transfer agent, public relations/media service, language translation and other corporate specialists.

 

		1.3	Assist you in developing and establishing an image and name for you in the marketplace, which may
include making recommendations regarding design of corporate website(s), branding and marketing, subject to you securing your own
rights to the use of your names, marks, and logos, consulting with respect to corporate symbols, logos, names, the presentation
of such symbols, logos and names, and other matters relating to corporate image.

 

		1.4	Assist in the preparation of press releases, reports and other communications with or to shareholders,
the investment community and the general public; and consultation with respect to the timing, form, distribution and other matters
related to such releases, reports and communications (subject to your final approval).

 

		1.5	Perform other related consulting services pertaining to your business operations, as reasonably
requested and agreed.

 

    	 

    	 

    

 

		2.	Compensation for Services. 

 

		2.1	In undertaking this engagement and compensation for the services herein, the Company shall promptly
pay to Consultant the following:

 

		2.1.1.	a commencement bonus of 5% non-dilutable of the common shares and 5% of the preferred shares in
the capital stock of the Company to be issued to Consultant (or its designee); and

 

		2.1.2.	Twenty Thousand USD ($20,000) per month to Consultant (or its designee), to commence on the date
first written above.

 

		2.2	Company shall reimburse Consultant for reasonable expenses incurred in relation to the provision
of the Services, including but not limited to expenditures for hotels, meals, first class air or rail fare, taxis, car rental,
parking and toll fees, telephone, and incidentals.

 

		2.3	Payment of monthly compensation and reimbursement of expenses may be deferred at the discretion
of the Consultant.

 

		2.4	All cash payments and monetary amounts referred to in this Agreement are to be paid in US Dollars
only, unless as otherwise explicitly directed by the Consultant.

 

		3.	Term and Termination. 

 

		3.1	The term of this Agreement shall commence on the date hereof and shall continue for one (1) year,
and shall be automatically renewed for a further one (1) year period unless either party gives written notice to the other of its
intention to terminate this Agreement 30 days prior to the expiration of the term.

 

		3.2	The obligations of the Company and Consultant as set forth in this Agreement in Section 2 and Section
4 shall survive the termination or expiration of this Agreement.

 

		4.	Accurate Information Provided to Consultant. 

 

		4.1	The Company represents and warrants to Consultant that any information provided to Consultant (whether
written or oral), pertaining to the Company in connection with the performance of Consultant’s services hereunder, shall
be true and correct and shall will not contain any known untrue statement of material fact or omit to state a known material fact
necessary to make the statements made therein misleading.

 

	Consultant Services Agreement	Initials: ____  ____

 

    	2

    	 

    

 

		4.2	The Company acknowledges and understands that, in rendering services hereunder, Consultant will
be relying, without independent verification, on the accuracy and completeness of all information that is or will be furnished
by the Company to Consultant or any other potential party to a transaction with the Company, and Consultant will not in any respect
be responsible for the truth, accuracy, or completeness of such information and Company shall be liable for all damages based on
any intentionally omitted or purposeful misinformation.

 

		4.3	The Company shall hold Consultant harmless from any and all liability, expenses or claims arising
from the disclosure or use of such information in relation to the Services.

 

		5.	Limitation of Liability and Indemnity. 

 

		5.1	Except as set forth herein, Consultant makes no representation or warranties to Company and all
such representations and warranties are hereby disclaimed.

 

		5.2	The Company agrees to indemnify and hold harmless the Consultant and
its affiliates, and the respective directors, officers, shareholders, employees, agents and controlling persons of Consultant and
its affiliates (collectively, the "Indemnified Parties"), to the fullest extent lawful, against any and all losses, damages,
liabilities, costs, and expenses, joint or several, to which the Indemnified Parties may become subject arising out of or related
to any claim, demand, or cause of action (whether civil, criminal, or regulatory in nature) made or threatened by any third party
against any of the Indemnified Parties as a result of or based upon any misinformation provided by the Company, actions allegedly
or actually taken or omitted to be taken by the Company (including acts or omissions constituting negligence) pursuant to the terms
of, or in connection with services rendered pursuant to, this Agreement, and to fund the reasonable legal expenses of the Indemnified
Parties for counsel of Consultant's choosing, in advance, upon demand by Consultant, and to reimburse the Indemnified Parties for
any other expenses reasonably incurred by them in respect thereof at the time such expenses are incurred; provided, however, the
Consultant shall not be liable under the foregoing in respect of any loss, damage or liability if a court having jurisdiction shall
have determined by a final judgment that such loss, damage or liability resulted primarily from the willful misconduct of the Consultant.

 

		6.	Applicable Law.

 

		6.1	This Agreement is governed by and construed under the laws of Switzerland, and any action brought
by either party against the other party to enforce or interpret this Agreement shall be brought in an appropriate Swiss court.

 

	Consultant Services Agreement	Initials: ____  ____

 

    	3

    	 

    

 

		7.	Notices. 

 

		7.1	Any notice, request, instruction or other document to be given under this Agreement by either party
to the other party shall be in writing and (a) delivered personally; (b) sent by facsimile with confirmation of delivery; (c) delivered
by overnight express (charges prepaid); or (d) sent by registered or certified mail, postage prepaid:

 

If to Company to:

 

TrioResorces
AG Inc.

100 King
Street West Suite 5600

Toronto,
Ontario

Canada M5X
1C9

 

If to Consultant to:

 

Seagel Investment Corp.

1053 Glenanna Road

Pickering, Ontario L1V 5E4

Canada

 

or at such other address for
a party as shall be specified by like notice. Any notice which is delivered personally, via facsimile or sent by overnight express
in the manner provided in this Section 7 shall be deemed to have been duly given to the party to whom it is addressed upon actual
receipt by such party. Any notice which is addressed and mailed in the manner herein provided shall be conclusively presumed to
have been given to the party to whom it is addressed at the close of business, local time of the recipient, on the third business
day after it is so placed in the mail.

 

		8.	Entire Agreement.

 

		8.1	This Agreement constitutes the entire agreement between the parties with respect to the subject
matter hereof and supersedes any and all previous agreements between the parties, whether written or oral, with respect to the
subject matter.

 

	Consultant Services Agreement	Initials: ____  ____

 

    	4

    	 

    

 

		9.	Successors and Assigns. 

 

		9.1	The terms and conditions of this Agreement shall inure to the benefit of and be binding upon the
parties and their respective successors and permitted assigns. Neither Consultant nor Company may assign their rights or delegate
their obligations under this Agreement without the prior written consent of the other.

 

	Consultant Services Agreement	Initials: ____  ____

 

    	5

    	 

    

 

		10.	Modification and Waiver.

 

		10.1	None of the terms or conditions of this Agreement may be waived except in writing by the party
which is entitled to the benefits thereof. No supplement, modification or amendment of this Agreement shall be binding unless executed
in writing by Consultant and Company. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute
a waiver of any other provision (whether or not similar) nor shall such waiver constitute a continuing waiver.

 

		11.	Severability.

 

		11.1	If any provision of this Agreement is held to be illegal, invalid or unenforceable under present
or future laws by any court of competent jurisdiction, such illegality, invalidity or unenforceability shall not affect the legality,
enforceability or validity of any other provisions or of the same provision as applied to any other fact or circumstance and such
illegal, unenforceable or invalid provision shall be modified to the minimum extent necessary to make such provision legal, valid
or enforceable, as the case may be.

 

		12.	Prevailing Party. 

 

		12.1	In the event that either party takes legal action to enforce its rights hereunder, the prevailing
party shall be entitled to recover and the other party agrees to pay the prevailing party's reasonable attorney's fees and expenses
and suit costs, including those associated with any appellate or post judgment collection proceedings in addition to all other
rights and remedies of the prevailing party in connection with such enforcement action.

 

		13.	Definition of Affiliate. 

 

		13.1	For the purposes hereof, "affiliate" shall mean with respect to any person or entity,
any other person, corporation, partnership, trust or other entity that directly or indirectly, through one or more intermediaries,
is controlled by, controls or is under common control with, such person or entity.

 

		14.	Relationship of the Parties. 

 

		14.1	The parties are and shall be engaged in an independent contractor relationship,
and nothing contained herein shall make or constitute either party as an agent, broker, licensor, partner, joint venturer,
franchiser or franchisee, or employee or employer, one with the other.

 

	Consultant Services Agreement	Initials: ____  ____

 

    	6

    	 

    

 

		15.	Full Corporate Authority.

 

		15.1	The Company and Consultant has all requisite corporate power and authority to execute and perform
this Agreement, all corporate action necessary for the authorization, execution, delivery and performance of this Agreement has
been taken; this Agreement constitutes a valid and binding obligation of the Consultant; the execution and performance of this
Agreement by the Company will not violate any provision of the Company’s charter or bylaws or any agreement or other instrument
to which the Company is a party or by which it is bound.

 

		16.	Miscellaneous. 

 

		16.1	The headings herein are for convenience only, do not constitute a part of this Agreement and shall
not be deemed to limit or affect any of its provisions.

 

		16.2	This Agreement shall be construed according to its fair meaning and not strictly for or against
either party.

 

		16.3	This Agreement may be executed in any number of counterparts and by facsimile transmission, each
of which shall be deemed to be an original instrument, but all of which taken together shall constitute one and the same agreement.

 

IN WITNESS WHEREOF,
the parties have caused this Agreement to be executed by their duly authorized representatives, on the date and year first above
written.

 

	 	COMPANY:
	 	 
	 	TrioResources AG Inc.
	 	 	 
	 	 	 
	 	Name:	Jeffery Reid
	 	Title:	President & CEO
	 	 	 
	 	CONSULTANT:
	 	 
	 	Seagel Investment Corp.
	 	 	 
	 	 	 
	 	Name:	Angelo Boujos
	 	Title:	Managing Director

 

	Consultant Services Agreement	Initials: ____  ____

 

    	7

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