Document:

Exhibit 4(iii)

March 16, 2000

InvestNet, Inc.
Board of Directors
938 Howe Street, Suite 713
Vancouver, British Columbia
Canada V6Z 1N9

Re:  Subscription Agreement

Gentlemen:

I do hereby  subscribe for two hundred and fifty  thousand  (250,000)  shares of
common  stock,  $0.001 par value (the  "Securities"),  of  InvestNet,  Inc. (the
"Company")  at a price of $0.01 per share for an  aggregate  of  $2,500.00.  The
Securities  are being  acquired  by me solely for my own  account and not with a
view to their distribution  within the meaning of the Securities Act of 1933, as
amended,  and the rules and  regulations  thereunder  (collectively  hereinafter
called the "Act").

I understand that:

1. The Securities are not registered under the Act or under any applicable state
securities law and must be held by me indefinitely  unless they are subsequently
so registered or unless an exemption from such registration is available; and

2. Each  certificate  representing the Securities will bear the following legend
drawing attention to the restrictions on its transferability:

                  "The  securities  represented  by  this  certificate  are  not
                  registered under federal or state securities law. They may not
                  be sold  or  offered  for  sale in the  absence  of  effective
                  registration  under  such  securities  laws or an  opinion  of
                  counsel  satisfactory to the Company that such registration is
                  not required."

3. The  Closing  will be held at the  offices of the Company on the day of March
16, 2000 or on such later date as shall be  designated  by the Company  with not
less  than 72 hours  prior  notice or at such  other  place and time as shall be
agreed to by the  Company  and the  Undersigned  (the  "Closing  Date").  At the
Closing,  the Undersigned will make payment of the purchase price for the shares
of common stock by  depositing  the same with the Company.  At the Closing,  the
Company will issue the restricted stock certificate to the Undersigned.

4. The  Undersigned  acknowledges  that it has been  provided with a copy of the
Company's  financial  and  other  information  about  the  Company  as has  been
requested.

5.  The Undersigned hereby represents and warrants to the Company as follows:

     (a) The  Undersigned  has  received  and  read  and is  familiar  with  the
provisions  of the  Subscription  Agreement.  The  Undersigned  is aware that no
federal or state  agency has passed upon the  Securities  or made any finding or
determination concerning the fairness of this investment.

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     (b) The  Undersigned has had an opportunity to ask questions of and receive
answers from representatives of the Company, concerning the terms and conditions
of this investment.

     (c) The Securities  are being  subscribed  for by the  Undersigned  for the
Undersigned's  own account,  for  investment  only and not presently with a view
toward resale or  distribution  in a manner which would require  registration of
the Securities under the Securities Act of 1933.

     (d) The Undersigned, if a corporation,  partnership, trust or other form of
business entity, is authorized and otherwise duly qualified to purchase and hold
the  subscribed  for the  Securities.  Such  entity has its  principal  place of
business as set forth on the  signature  page hereof and if such entity has been
formed for the  specific  purpose of  acquiring  the  Securities  subscribed  to
hereunder,  it hereby agrees to supply any additional  written  information that
may be required by the Company.

     (e) The Undersigned is an "Accredited  Investor" as that term is defined in
Rule 501 under the Securities Act. The particular  category or categories within
which the Undersigned falls is set forth in Paragraph 7 below.

6. The Undersigned  acknowledges that there are substantial  restrictions on the
transferability  of the  Securities  as  required  pursuant to federal and state
securities laws. The Undersigned further agrees to be responsible for compliance
with all conditions on transfer imposed by any State Blue Sky or securities law.

7.  In  accordance  with  Paragraph  5(e) of this  Subscription  Agreement,  the
Undersigned has placed an (X) in each of the applicable spaces provided below:

     a.   A bank as defined in Section 3(a)(2) o the Securities Act of 1933 or a
          savings  and loan  association  or other  institution  as  defined  in
          Section  3(a)(5)(A) of the Securities  Act of 1933,  whether acting in
          its individual or fiduciary capacity.

     b.   A broker or dealer registered pursuant to Section 15 of the Securities
          Exchange Act of 1934.

     c.   An insurance company as defined in Section 2(13) of the Securities Act
          of 1933.

     d.   An investment  company  registered under the Investment Company Act of
          1940 or a business  development company as defined in Section 2(a)(48)
          of the Investment Company Act of 1940.

     e.   A  Small  Business  Investment  Company  licensed  by the  U.S.  Small
          Business  Administration  under  Section  301(c)  or (d) of the  Small
          Business Investment Act of 1958.

     f.   An employee benefit plan within the meaning of Title I of the Employee
          Retirement Income Security Act of 1974, as amended  ("ERISA"),  if (a)
          the  investment  decision is made by a plan  fiduciary,  as defined in
          Section  3(21) of  ERISA,  which is  either a bank,  savings  and loan
          association,  insurance company, or registered  investment adviser, or
          (b) the employee benefit plan has total assets in excess of $5,000,000
          or (c) if self-directed plan, the investment decisions are made solely
          be persons that are Accredited Investors.

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     g.   A private  business  development  company as defined in Section 202(a)
          (22) of the Investment Advisers Act of 1940.

     h.   An organization described in Section 501(c)(3) of the Internal Revenue
          Code of 1986,  as  amended,  a  corporation,  or  business  trust,  or
          partnership,  not formed for the  specific  purpose of  acquiring  the
          securities offered, with total assets in excess of $5,000,000.

     i.   A natural person whose  individual net worth,  or joint net worth with
          that person's spouse, at the time of this purchase exceeds $1,000,000.

     j.   A natural person who had an individual income in excess of $200,000 in
          each of the two most recent years or joint  income with that  person's
          spouse  in  excess  of  $300,000  in each  of  those  years  and has a
          reasonable  expectation  of  reaching  the  same  income  level in the
          current year.

     k.   A trust, with total assets in excess o $5,000,000,  not formed for the
          specific purpose of acquiring the securities  offered,  whose purchase
          is directed  by a  sophisticated  person as  described  in  Regulation
          ss.230.506(b)(2)(ii) promulgated under the Securities Act of 1933.

     l.   Any director,  executive officer,  or general partner of the issuer of
          the  securities  being  offered or sold,  or any  director,  executive
          officer or general partner of a general partner of that issuer.

     m.   An entity in which all of the equity owners are Accredited Investors.

IN WITNESS  WHEREOF,  the undersigned  has executed this  Subscription as of the
date first written above.

                                          By:      /s/  Wolf Fiedler
                                                   --------------------
                                                   Name:  Wolf Fiedler

                                          Mailing Address of Undersigned:
                                          938 Howe Street, Suite 713
                                          Vancouver, British Columbia
                                          Canada V6Z 1N9

                                          Telephone Number:
                                          (604) 331 1803

Accepted:

InvestNet, Inc.

By:       /s/  Ruairidh Campbell
          -----------------------
         Name:   Ruairidh Campbell
         Title:    Secretary/Director

                                       49

<PAGE>Exhibit 10(i)

THIS AGREEMENT dated for reference the 14th day of June, A.D. 2000.

BETWEEN:

BOW MINES LTD., a company duly incorporated pursuant to the laws of the Province
of B.C.,  and having an office  located  at 4793  Commercial  Drive,  Vancouver,
Province of British Columbia, V5N 4G8;

(hereinafter referred to as the "Optionor")

                                                               OF THE FIRST PART
AND:

INVESTNET,  INC.,  a Nevada  corporation,  with office at 713 - 938 Howe Street,
Vancouver, Province of British Columbia, V6Z 1N9;

(hereinafter referred to as the "Optionee")

                                                              OF THE SECOND PART
AND:

KARL SCHINDLER,  Businessman,  of 4793 Commercial Drive, Vancouver,  Province of
British Columbia, V5N 4G8;

(hereinafter referred to as the "Schindler")

                                                               OF THE THIRD PART

WHEREAS the Optionor is the  beneficial  owner and  Schindler is the  registered
owner of a 100%  undivided  interest in three (3)  mineral  leases and seven (7)
mineral claims located in Greenwood Mining Division,  of the Province of British
Columbia  (hereinafter called the "Property") which is described in Schedule "A"
attached hereto and made part hereof.

AND WHEREAS the  Optionor  wishes to grant to the  Optionee  the  exclusive  and
irrevocable  option to acquire,  free of any liens,  charges and encumbrances or
adverse claims whatsoever,  save and except as described herein, a 100% interest
in the Property subject to a net smelter return royalty.

AND WHEREAS the  Optionee  wishes to acquire an interest in the  Property on the
terms hereinafter provided.

NOW THEREFORE THIS AGREEMENT  WITNESSETH that in  consideration  of the payments
and the premises,  the mutual  covenants and agreements  herein  contained,  the
parties hereto have agreed and do hereby agree as follows:

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REPRESENTATIONS OF THE OPTIONOR

1.01 The Optionor and Schindler, jointly and severally, represent and warrant to
the Optionee that:

     (a)  the  Optionor  holds a 100%  interest in the  Property as described in
          Schedule "A" attached hereto;

     (b)  the  Optionor  and  Schindler  have not made,  committed,  executed or
          suffered any act,  deed,  matter or thing  whereby its interest in the
          Property may be effected or encumbered in title or otherwise;

     (c)  the Property is free and clear of all liens,  charges and encumbrances
          of any kind and are in compliance with the mining laws of the Province
          of British Columbia and all applicable  reclamation and  environmental
          laws, rules, regulations, orders, judgments and deceases;

     (d)  the Property is not subject to any pending or  threatened  claims by a
          third party or governmental agency;

     (e)  the  mineral  interest  comprising  the  Property  have  been duly and
          validly  created  pursuant to the laws of British  Columbia and are in
          good  standing  in  respect  to  the   performance  and  recording  of
          assessment work;

     (f)  the Optionor has a right to enter into this  Agreement and transfer an
          interest in the Property;

     (g)  the  Optionor it has been duly  incorporated  and validly  exists as a
          corporation in good standing under the laws of British Columbia;

     (h)  Schindler holds the Property in trust for the Optionor;

     (i)  the Optionor has duly  obtained all corporate  authorizations  for the
          execution of this Agreement and for the  performance of this Agreement
          by it, and the  consummation  of the transaction  herein  contemplated
          will not  conflict  with or result in any breach of any  covenants  or
          agreements  contained in, or constitute a default under,  or result in
          the creation of any encumbrance under the provisions of the constating
          documents of the Optionor or any shareholders or directors resolution,
          indenture,  agreement  or other  instrument  whatsoever  to which  the
          Optionor is a party or by which it is bound;

     (j)  no  proceedings  are  pending  for and the  Optionor is unaware of any
          basis  for  the  institution  of  any  proceedings   leading  to  it's
          dissolution  or  winding-up  or placing it in bankruptcy or subject to
          any other laws governing the affairs of insolvent companies;

     (k)  entering into this Agreement does not conflict with any applicable law
          by which the Optionor and Schindler are bound;

     (l)  reclamation  and  rehabilitation  of those parts of the Property which
          have been previously worked have been properly completed in compliance
          with all applicable laws and the Optionor hereby  covenants and agrees
          to save the Optionee  harmless  from and against any loss,  liability,
          claim, demand, damage,  expense,  injury or death arising out of or in
          connection with the operations or activities which were carried out on
          the Property prior to the date of this Agreement; and

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     (m)  they have  advised  the  Optionee of all of the  material  information
          relating  to the  mineral  potential  of the  Property  of  which  the
          Optionor or Schindler have knowledge.

1.02 The  representations  and  warranties of the Optionor and Schindler  herein
before set out form a part of this Agreement and are  conditions  upon which the
Optionee  has relied in  entering  into this  Agreement  and shall  survive  the
execution of this Agreement.

1.03 The Optionor will  indemnify and save the Optionee  harmless from all loss,
damage, costs, actions and suits arising out of or in connection with any breach
of any representation,  warranty, covenant, agreement or condition made by it or
Schindler and the Optionor  acknowledges that the Optionee has entered into this
Agreement  relying on the  warranties  and  representations  and other terms and
conditions of this Agreement and that no information which is now known or which
may hereafter become known to the Optionee or its officers,  directly or through
professional  advisors,  shall  limit  or  extinguish  the  right  to  indemnity
hereunder.

REPRESENTATIONS AND WARRANTIES OF THE OPTIONEE

2.01 The Optionee represents and warrants to the Optionor that:

     (a)  it has been duly  incorporated  and validly exists as a corporation in
          good standing under the laws of the State of Nevada;

     (b)  it has duly obtained all corporate authorizations for the execution of
          this  Agreement and for the  performance  of this Agreement by it, and
          the  consummation  of the  transaction  herein  contemplated  will not
          conflict  with or result in any breach of any  covenants or agreements
          contained in, or constitute a default under, or result in the creation
          of any  encumbrance  under the  provisions  of,  the  Articles  or the
          constating  documents of the Optionee or any shareholders or directors
          resolution,  indenture,  agreement or other  instrument  whatsoever to
          which the Optionee is a party or by which it is bound;

     (c)  no  proceedings  are pending  for,  and the Optionee is unaware of any
          basis  for  the  institution  of  any   proceedings   leading  to  its
          dissolution  or  winding-up  or placing it in bankruptcy or subject to
          any other laws governing the affairs of insolvent companies.

2.02 The representations and warranties contained in paragraph 2.01 are provided
for the  exclusive  benefit  of the  Optionor,  and a breach  of any one or more
thereof  may be waived by the  Optionor  in whole or in part at anytime  without
prejudice  to its rights in respect of any other breach of the same or any other
representation or warranty and the representations  and warranties  contained in
paragraph 2.01 shall survive the execution of this Agreement.

PURCHASE PRICE

3.01 The Optionor hereby grants to the Optionee the sole and exclusive right and
option  to  acquire  up to 100% of the  Property,  subject  to the terms of this
Agreement,  a Net Smelter  Return Royalty as described in the Net Smelter Return
Agreement  attached  hereto as Schedule "B" and the exclusion any clause set out
in paragraph 8.01 herein in  consideration  for the payments and expenditures as
described in paragraph 3.02 herein.

3.02 To  maintain  in force the said  Option and to  acquire  100% of the issued
capital of the  Company,  the  Optionee  shall make the  following  payments and
expenditures:

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     (a)  The Optionee shall make cash option payments  totalling  $500,000 U.S.
          to the Optionor and expend a minimum  $1,750,000  U.S. in  Exploration
          Expenditures  on the  Property  over a four year period  (the  "Option
          Period") as per the following schedule:

          (i)  Optionee  to make an  initial  Option  Payment  of  $30,000  U.S.
               payable to Optionor  upon signing of this  Agreement on or before
               June 14, 2000 (the  "Agreement  Date") and the  Optionee to incur
               Exploration  Expenditures  on the Property of $250,000 U.S. prior
               to July 1, 2002;

          (ii) the  Optionee  to make a second  option  payment  of $5,000  U.S.
               payable to the Optionor on or before one year from the  Agreement
               Date;

          (iii)the  Optionee  to make a third  option  payment  of  $5,000  U.S.
               payable to the  Optionor  on or before  eighteen  months from the
               Agreement Date;

          (iv) the  Optionee  to make a fourth  option  payment of $60,000  U.S.
               payable to the Optionor on or before two years from the Agreement
               Date;

          (v)  the  Optionee to make a fifth  option  payment of  $100,000  U.S.
               payable  to the  Optionor  on or  before  three  years  from  the
               Agreement Date;

          (vi) the  Optionee to make a sixth  option  payment of  $100,000  U.S.
               payable  to  the  Optionor  on or  before  four  years  from  the
               Agreement Date;

          (vii)the Optionee to make a seventh  option  payment of $100,000  U.S.
               payable  to  the  Optionor  on or  before  five  years  from  the
               Agreement Date;

          (viii) the Optionee to make an eighth option  payment of $100,000 U.S.
               payable to the Optionor on or before six years from the Agreement
               Date;

          (ix) incur Exploration Expenditures on the principal of $250,000 prior
               to July 1, 2002;

          (x)  and incur  Exploration  Expenditures on the Property of a further
               $500,000 prior to July 1, 2004;

          (xi) and incur  Exploration  Expenditures on the Property of a further
               $1,000,000 prior to July 1, 2006.

     (b)  For the purposes of this Agreement,  costs and expenses  creditable to
          Exploration  Expenditures  shall mean, monies expended in carrying out
          exploration  work on the  Property  and  shall  include  all costs and
          expenses  incurred  for  exploration  of or  for  the  benefit  of the
          Property,  including but not limited to preparing engineering reports,
          costs  and  expenses  to  maintain  title  to the  Property  or to pay
          applicable  claim  renewal  fees  and  permits,   aerial  and  surface
          reconnaissance,   including   without   limitation,   geophysical  and
          geochemical work and geological  mapping;  building and maintenance of
          necessary  access roads,  drill site  preparation;  exploration  work;
          logging  of drill  holes and drill  core;  evaluation  of  geological,
          geophysical,   geochemical  or  exploration  data;   laboratory  work,
          including without limitation,  assay and metallurgical  analysis;  and
          any  environmental  problems,  reclamation or restoration  work on the
          Property, any drill sites, access roads or any grounds or waters

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          surrounding  the  Property as required by any  governmental  agency or
          otherwise;  salaries for employees employed on the site (including the
          costs  to  the   Optionee  for  fringe   benefits);   the  charges  of
          consultants,  auditors,  accountants and contractors directly incurred
          with respect to the  Property;  the costs of necessary  transportation
          and equipment  rentals and repairs,  and the costs of mobilization and
          demobilization  of personnel  and equipment to the Property and return
          including the costs of creating and  maintaining a camp on or near the
          Property;  all fees required to maintain the Property in good standing
          in  accordance  with the laws of the Province of British  Columbia and
          other  governmental  authorities  having  jurisdiction  and such other
          costs  as  are  necessary  to  provide   sustenance  and  shelter  for
          personnel,  plus an overhead  charge equal to 10% of the costs of work
          performed  by the  Optionee  and 5% of the costs of work  performed by
          consultants and contractors;

     (c)  in the event that the  Exploration  Expenditures  in any period exceed
          the minimum amount to be expended, the excess amount shall be credited
          to the Exploration Expenditures to be expended in the following period
          or  periods so that the  amount of funds to be  expended  prior to the
          Optionee earning its interests shall not exceed $1,750,000 U.S.;

     (d)  during  the term of this  Agreement,  the  Optionee  shall  act as the
          Operator of the exploration work to be carried out on the Property.

TRANSFER OF TITLE

4.01  Upon  the  completion  of  the  payments  and  expenditures  described  in
sub-paragraph  3.02, the Optionor shall cause  Schindler to transfer 100% of the
Property to the Optionee or its transferee,  subject to the terms of Net Smelter
Return  Agreement  attached  hereto as Schedule "B" and the exclusion any clause
set out in paragraph 8.01 herein.

RIGHTS OF ENTRY AND INFORMATION

5.01 The Optionee  shall have the sole and  exclusive  right at all times during
the  currency of this  Agreement to enter in and upon the Property to manage the
Property and any work programs  conducted on the Property and to the extent that
it is in its  sole  discretion  may  consider  advisable  to  explore,  examine,
prospect,  investigate,  map, survey,  mine, develop and to carry out commercial
production on the Property or any part or parts thereof, and to extract,  remove
and treat rock,  earth and,  ore and  minerals  therefrom  and to dump and store
materials and waste  materials  thereon or therein.  In doing such  exploration,
development,  mining and production work, the Optionee may treat the Property as
a group or in conjunction  with adjoining  mineral  interests which the Optionee
may own and may explore and develop  the  Property by means of  drilling,  shaft
sinking,  cross cutting,  drifting and raising,  or by any other  exploration or
development or mining method as  recommended  by its  engineers,  geologists and
consultants.  The Optionee  shall have  custody,  possession  and control of all
drill cores during the term of this  Agreement and upon the  termination of this
Agreement  prior to the acquiring of an interest in the Property by the Optionee
shall deliver up to the Optionor all such drill cores, together with all assays,
geological  information,  models,  maps and  reports  made  prepared or taken in
connection with the work conducted, or to be conducted, on the Property pursuant
to the terms of this Agreement.

5.02 The Optionee shall provide the Optionor with copies of all  Engineering and
Geological  reports,  maps and other data  pertaining  to the  Property  and any
exploration or development  work or examinations of said Property.  The Optionor
or its duly  authorized  representative,  at their  own  risk  and  expense  are
permitted to inspect the Property,  provided such  inspection does not interfere
with the  operations of the Optionee.  Each of the parties hereto agree that all
data,  reports records and other  information  relating to the Property and this
Agreement will be treated as confidential. Each of the parties hereto agree that
it shall not disclose to any third party or to the public any information

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concerning  the  Property or the results of  operations  on the Property or this
Agreement  unless the  disclosure  is  required by law. In the event of any such
requirement,  the other party shall have a reasonable  opportunity to comment on
the release publication.

FORCE MAJEURE

6.01 If the  Optionee  is  prevented  from or  delayed  in  complying  with  any
provisions of this Agreement by reasons of strikes,  labour disputes,  lockouts,
labour  shortages,  power  shortages,  fires,  wars,  acts of God,  governmental
regulations restricting normal operations or any other reasons or reasons beyond
the control of the Optionee, the time limited for the performance of the various
provisions of this  Agreement as set out herein shall be extended by a period of
time equal in length to the period of such prevention and delay.

6.02 The Optionee,  insofar as is possible shall promptly give written notice to
the Optionor of the particulars of the reasons for any prevention or delay under
this  Section  and shall  take all  necessary  steps to remove the cause of such
prevention  or delay and shall give  written  notice to the  Optionor as soon as
such cause ceases to exists.

COVENANTS OF THE OPTIONEE

7.01 The Optionee hereby covenants and agrees with the Optionor as follows:

     (a)  the Optionee shall carry out and record or cause to be carried out and
          recorded all  assessment  work upon the Property as may be required in
          order to maintain the Property in good standing at all times;

     (b)  that during the currency of this  Agreement it will  maintain the said
          Property in good  standing  and will pay all rentals,  rates,  duties,
          royalties,  assessments,  fees,  taxes or other  governmental  charges
          levied with  respect to the  Property  and the  Optionee's  operations
          thereon  which shall fall due during the period of this  Agreement and
          such costs of operating the Company as pertain to the Property;

     (c)  that it will carry out its operations on the Property in a careful and
          miner  like  manner and in  accordance  with the  applicable  laws and
          regulations of British Columbia;

     (d)  that it will  properly  pay all  accounts of every nature and kind for
          wages,  supplies,   Workers'  Compensation  Assessments,   income  tax
          deductions and all other accounts and  indebtedness  incurred by it so
          that no  claim  or lien  arise  thereon  or  upon  the ore or  mineral
          contained  therein  and it will  indemnify  the  Optionor  and save it
          harmless  from any and all loss,  costs,  actions,  suits,  damages or
          claims  which may be made  against the  Optionor  and/or  Schindler in
          respect of the operations on the Property,  provided however, that the
          Optionee shall have the right to contest the validity of any such lien
          or claim of lien;

     (e)  the Optionee  shall  indemnify  and hold the  Optionor  and  Schindler
          harmless  from any and all  liabilities,  costs,  damages  or  charges
          arising from the failure of the Optionee to comply with the  covenants
          contained in this article or otherwise  arising from its operations on
          the Property;

     (f)  the  Optionee  and/or  its  transferee  shall be  responsible  for any
          environmental  damages and the costs of all necessary reclamation work
          to abide by any  governmental  regulation  existing during the term of
          this  Agreement,  provided  that such costs or damages  arise from the
          work done on the Property after Agreement Date;

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<PAGE>

     (g)  the  Optionee  shall  provide the Optionor  with a quarterly  progress
          report, in writing, with respect to its operations on the Property and
          shall provide the Optionor with copies of any and all documents  filed
          by the Optionee to record assessment work on the Property;

     (h)  prior to the  commencement  of any work on the Property,  the Optionee
          shall provide the Optionee with a detailed  description of any and all
          work programs (the "Work Plan") to be carried out on the Property.  If
          within a 30 day period  after  delivery of the Work Plan the  Optionor
          objects to the said Work Plan,  the parties  shall  proceed as set out
          under the  Arbitration  provisions  contained  in this  Agreement  and
          during the time before the  Arbitration  is decided the Force  Majeure
          provision shall be in effect.

EXCLUSION

8.01 There is  excluded  from this  Option,  that  portion of the surface of the
Property upon which is located the milling operation of the Optionor,  including
the mill equipment, buildings, facilities, tailing dams and such further area as
is necessary to provide for the future expansion of such operation.

8.02 The Optionee  covenants and warrants that the operations of the Optionee or
its assignees,  if any, shall not interfer with the ongoing milling operation of
the Optionor or its assigns.

TERMINATION NOTICE

9.01 This Agreement  shall  terminate upon the Optionee  giving thirty (30) days
written notice to the Optionor of termination, provided that the Optionee is not
in default  under any  provisions  of this  Agreement  at the time the notice is
given.

Notwithstanding  anything in this  Agreement,  if the Optionee fails to make any
payments  or fails to do anything  on or before the last day  provided  for such
payment or  performance  under this  Agreement,  the Optionor may terminate this
Agreement, but only if:

     (a)  it shall  have  first  given to the  Optionee  written  notice  of the
          failure,  containing particulars of the payment which the Optionee has
          not made or the act which the Optionee has not performed; and

     (b)  the Optionee has not,  within thirty (30) days  following  delivery of
          such notice,  cured such failure by appropriate payment or performance
          (the Optionee  hereby  agreeing that should it so commence to cure any
          failure it will prosecute the same to completion without undue delay).

Should the Optionee  fail to comply with the  provisions  of paragraph  9.01(b),
this Agreement shall be terminated without any further notice.

9.02 Upon termination of this Agreement, the Optionee shall:

     (a)  turn over the  Optionor's  originals  of all  factual  maps,  reports,
          assays, results and other factual data; and

     (b)  leave  the  Property  in a  safe  condition  in  accordance  with  any
          applicable requirements of law.

                                       59

<PAGE>

9.03 Upon the termination of this agreement,  the Optionee  forfeits any and all
interests in the this  Agreement  hereunder  and shall cease to be liable to the
Optionor in debt,  damages or otherwise save for the performance of those of its
obligations which therefore should have been performed.

OPTIONEE'S INDEMNITY

10.01 The Optionee shall  indemnify and save harmless the Optionor and Schindler
from any and all liability  arising on or in relation to the Property  including
but not limited to any liability  from  environmental  damage during the term of
this Agreement, unless caused by the fault of the Optionor or Schindler.

ARBITRATION

11.01 The  parties  agree  that all  questions  or  matters in dispute as to the
interpretation  or effect or any  provision of this  Agreement  shall be finally
settled by arbitration  in the manner  hereinafter  set forth.  If either of the
Optionee or the  Optionor  wishes to submit a matter to  arbitration,  then such
party shall give to the other  party not less than ten (10) days' prior  written
notice of  intention  to do so,  the party  giving  notice  shall  nominate  one
arbitrator  and the other shall within  fifteen (15) days after  receiving  such
notice  nominate  another  arbitrator.  The two  arbitrators so nominated  shall
within the next thirty (30) days unanimously agree on the appointment of a third
arbitrator to act with them and to be chairman of the arbitration.  If either of
the Optionee or the Optionor shall fail to nominate an arbitrator within fifteen
(15) days after receiving notice of the nomination of the first arbitrator,  the
first  arbitrator  shall  be the only  arbitrator,  and if two  arbitrators  are
nominated but shall be unable to agree  unanimously  on the  appointment  of the
chairman, the chairman shall be appointed under the provisions of the Commercial
Arbitration Act (British Columbia). In all other respects, the arbitration shall
be  conducted  in  accordance  with  such Act and the  chairman  or, in the case
whereby only one arbitrator is nominated, the single arbitrator shall fix a time
and place in Vancouver, British Columbia for the purpose of hearing evidence and
representations  and he shall  preside over the  arbitration  and  determine all
questions of procedure  not provided for under such Act. The parties  agree that
the award of a majority of arbitrators or, in the case of a single arbitrator of
the said  arbitrator  shall be binding upon each of them both as to law and fact
and there shall be no appeal therefrom.  Judgment or any award rendered pursuant
to the  arbitration  proceedings  may be  entered  into any  court of  competent
jurisdiction  or application  made to such court for Judicial  acceptance of the
award  and an order of  enforcement.  The  costs of  arbitration  shall be borne
equally by the parties unless otherwise  determined by the  arbitrator(s) in the
award.

NOTICE

12.01 Any notice, election, consent or other writing required or permitted to be
given  hereunder  shall be deemed to be  sufficiently  given if  delivered or if
mailed by registered air mail or by telegram or fax, addressed as follows:

In the case of the Optionee:

BOW MINES LTD.
4793 Commercial Drive
Vancouver, B.C.   V5N 4G8

In the case of the Optionor:

INVESTNET, INC.
713 - 938 Howe Street
Vancouver, B.C.   V6Z 1N9

                                       60

<PAGE>

In the case of Schindler:

KARL SCHINDLER
4793 Commercial Drive
Vancouver, B.C.  V5N 4G8

and any such notice given as aforesaid shall be deemed to have been given to the
parties hereto if delivered, when delivered, or if mailed, on the tenth business
day  following  the date of mailing  or, if  telegraphed  or faxed,  on the next
succeeding day following the  telegraphing  or faxing thereof  PROVIDED  HOWEVER
that  during  the  period of any postal  interruption  in either the  country of
mailing or the country of delivery,  any notice given hereunder by mail shall be
deemed to have been  given only as of the date of actual  delivery  of the same.
Any party may from time to time by notice in writing  change its address for the
purpose of this paragraph.

INTERPRETATION

13.01 The terms of this Agreement shall be construed in accordance with the laws
of British Columbia.

ENUREMENT

14.01 This  Agreement  shall  enure to the  benefit  of and be binding  upon the
parties hereto, their respective successors or assigns, as the case may be.

ADDITIONAL TERMS

15.01 Each of the parties  hereto agree to execute such further and other deeds,
documents  and  assurances  and to do  such  further  and  other  acts as may be
necessary  to carry out the true intent and meaning  this  Agreement,  fully and
effectually.

15.02  This  Agreement  shall  supersede  and  replace  any other  agreement  or
arrangement,  whether oral or written  heretofore  existing  between the parties
hereto in respect of the subject matter of this Agreement.

15.03 This  Agreement may be executed in several parts in the same form and such
parts as so executed shall together form one original agreement, and such parts,
if more than one,  shall be read  together  and  construed as if all the signing
parties hereto had executed one copy of this Agreement.

15.04 Wherever the singular or masculine are used throughout this Agreement, the
same shall be  construed  as being the plural or  feminine  or neuter  where the
context so requires.

15.05  Time  is  hereby  expressly  made  of the  essence  with  respect  to the
performance by the parties of their respective obligations under this Agreement.

15.06 No representations or inducements have been made save as herein set forth.
No changes,  alterations,  or  modifications  of this Agreement shall be binding
upon either party until and unless a memorandum  in writing to such effect shall
have been signed by all parties hereto.

15.07 The titles to the articles to this  agreement  shall not be deemed to form
part of this agreement but shall be regarded as having been used for convenience
of reference only.

                                       61

<PAGE>

15.08 The schedules to this agreement shall be construed with and as an integral
part of this  agreement  to the same  extent as if they were set forth  verbatim
herein.

15.09  All  references  to  dollar  amounts  contained  in  this  agreement  are
references to United States unless specifically stated otherwise.

IN WITNESS  WHEREOF this Agreement has been executed by the parties hereto as of
the day and year first above written.

THE CORPORATE SEAL of BOW MINES                    )
LTD., was hereunto affixed in the presence of:     )
                                                   )
                                                   )
Karl Schindler                                     )
                                                   )     /s/  Karl Schindler

THE CORPORATE SEAL of INVESTNET,                   )
INC., was hereunto affixed in the presence of:     )
                                                   )
                                                   )
Ruairidh Campbell                                  )
                                                   )     /s/  Ruairidh Campbell

SIGNED, SEALED AND DELIVERED by                    )
KARL  SCHINDLER,  in  the pre-                     )
sence of:                                          )
                                                   )
/s/                                                )
Name                                               )
                                                   )     /s/ KARL SCHINDLER
63-590 17th W - 7 Ave B.C.                         )
Address                                            )
                                                   )
Businessman                                        )
Occupation                                         )

                                       62

<PAGE>

                                  SCHEDULE "A"

To the Agreement  between Bow Mines Ltd., Karl Schindler and InvestNet,  Inc. as
of the 14th day of June, 2000.

The following are the mineral claims described as the "Property":

GREENWOOD MINING DIVISION
PROVINCE OF BRITISH COLUMBIA

Claim Name                Tenure No.         No. of Units
----------                ---------          ------------
May Mac                       214189                   12
Lease                         216298                    0
Lease                         216301                    0
Lease                         216302                    0
A No. 1                       216570                    1
A No. 2                       216571                    1
A No. 3                       216572                    1
A No. 4                       216573                    1
Refer to Lot Table            216644                    1
Refer to Lot Table            216647                    1

The term "Property" specifically excludes the following which are located on the
surface of the above described mineral claims:

     1.   Any buildings;

     2.   The  milling  operation,  including  the mill  equipment,  facilities,
          tailing dams; and

     3.   The surface  area upon which 1. and 2. are  located  and such  further
          surface area as may reasonably be used in the future  expansion of the
          milling operation.

                                       63

<PAGE>

                                  SCHEDULE "B"

To the Agreement  between Bow Mines Ltd., Karl Schindler and InvestNet,  Inc. as
of the 14th day of June, 2000.

THIS AGREEMENT made as of the _______ day of _______________, 2000.

BETWEEN:

INVESTNET,  INC.,  a Nevada  corporation,  with office at 713 - 938 Howe Street,
Vancouver, Province of British Columbia, V6Z 1N9;

(hereinafter referred to as the "InvestNet")
                                                               OF THE FIRST PART
AND:

BOW MINES LTD., a company duly incorporated pursuant to the laws of the Province
of B.C.,  and having an office  located  at 4793  Commercial  Drive,  Vancouver,
Province of British Columbia, V5N 4G8;

(hereinafter referred to as the "Bow")
                                                               OF THE FIRST PART
WHEREAS:

A. Pursuant to an Agreement (the "Option  Agreement") dated as of June 14, 2000,
InvestNet  has acquired  from Bow the  following  mineral  claims (the  "Mineral
Claims") in the Greenwood Mining Division, in the Province of British Columbia:

Claim Name                           Tenure No.                  No. of Units
----------                           ----------                  ------------

May Mac                                  214189                            12
Lease                                    216298                             0
Lease                                    216301                             0
Lease                                    216302                             0
A No. 1                                  216570                             1
A No. 2                                  216571                             1
A No. 3                                  216572                             1
A No. 4                                  216573                             1
Refer to Lot Table                       216644                             1
Refer to Lot Table                       216647                             1

                                       64

<PAGE>

B.  Pursuant to the terms of the said  Agreement,  the parties are entering into
this Agreement to more particularly  define and set forth the entitlement of Bow
to  receive  and the  obligation  of  InvestNet  to pay to Bow a royalty  on the
proceeds from production on the Mineral Claims.

NOW THEREFORE THIS  AGREEMENT  WITNESSES  that for and in  consideration  of the
premises and the covenants and  agreements  hereinafter  contained,  the parties
hereto agree as follows:

1. Bow  shall be  entitled  to  receive  and  InvestNet  shall pay to Bow the 4%
percent of Net Smelter Returns;

2. "Net Smelter Returns" shall mean the actual proceeds  received from any mint,
smelter,  refinery or other  purchaser for the sale of gold,  ores, base metals,
precious  metals,  rare earth metals,  elements and any other minerals  normally
subject to net smelter returns or concentrates  produced from the mineral claims
and sold, after deducting from such proceeds the following charges to the extent
that they were not deducted by the purchaser in computing payment:  smelting and
refining charges,  penalties,  smelter assay costs and umpire assay costs, costs
of freight and handling of metals of or concentrates  from the Mineral Claims to
any mint,  smelter,  refinery,  or other  purchaser  marketing  costs  including
insurance on all such metals or concentrates, customs duties or mineral taxes or
the like and export and import taxes or tariffs payable in respect of said ores,
metals or concentrates.  But not including InvestNet's income tax, property tax,
ad valorem tax  business  tax,  or similar  taxes.  Any charges to be  conducted
hereunder  which  are made to an  Associated  Company  of  InvestNet  must be on
commercially reasonable terms or much be approved in writing by Bow.

3. Payments of Net Smelter Returns shall be made within 30 days after the end of
each calendar quarter in which Net Smelter  Returns,  as determined on the basis
of final adjusted invoices,  are received by InvestNet.  All such payments shall
be made in Canadian dollars.

4. For the  purposes  of  determining  Net Smelter  Returns,  all  receipts  and
disbursements  in currency  other than United  States  shall be  converted  into
United States  currency on the day of receipt or  disbursement,  as the case may
be.

5. Each  payment of Net  Smelter  Returns  shall be  accompanied  by a statement
indicating the calculation of Net Smelter Returns paid. Bow shall be entitled to
audit,  during normal business hours, such books and records as are necessary to
determine the  correctness of the payments,  provided  however,  that such audit
shall be made  only on an annual  basis  and  within 12 months of the end of the
fiscal period in respect of which such audit is made.

6. Payment of Net Smelter  Returns  shall be made to Bow at such place or places
in Canada as it shall advise InvestNet from time to time.

7. If metal,  concentrates  or ore shipped from the Claims are lost or destroyed
under  circumstances  in which  InvestNet  receives  payment  under an insurance
policy, such payments will be deemed Net Smelter Returns.

8. InvestNet shall not sell,  assign,  transfer or in any other manner deal with
the Claims or any interest therein without the purchaser, transferee or assignee
acquiring the Claims or such interest therein first agreeing with Bow in writing
to be bound by the terms of this agreement.

9. This agreement  shall enure to the benefit of and be binding upon the parties
hereto and their heirs, executors, administrators, successors and assigns.

                                       65

<PAGE>

10. Any dispute arising out of or related to any report, payment, calculation or
audit  shall be resolved  solely by the  arbitration  procedure  provided in the
Option  Agreement.  No error in  accounting or in  interpretation  of the Option
Agreement  or this  Agreement  shall be the  basis of or a claim  of  breach  of
fiduciary  duty,  or the like, or give rise to a claim for exemplary or punitive
damages or for  termination  or  rescission  of the  Agreement or the estate and
rights acquired and held by Bow under the terms of this Agreement.

IN WITNESS  WHEREOF this Agreement has been executed by the parties hereto as of
the day and year first above written.

THE CORPORATE SEAL of INVESTNET,                   )
INC., was hereunto affixed in the presence of:     )
                                                   )
-------------------------------                    )
                                                   )
                                                   )                         C/S
-------------------------------                    )
                                                   )

THE CORPORATE SEAL of BOW MINES                    )
LTD., was hereunto affixed in the presence of:     )
                                                   )
-------------------------------                    )
                                                   )
                                                   )                         C/S
-------------------------------                    )
                                                   )
                                                   )

                                       66

<PAGE>

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