Document:

Exhibit 10.1

                         [LETTERHEAD OF SUNERGY, INC.]

                          Commercial Finance Agreement

January __,2011

Between: Allied Mining and Supply, LLC, Borrower
         14362 N Frank Lloyd Wright Blvd Suite 1000
         Scottsdale, AZ 85260

And:     Sunergy, Inc, Guarantor
         14362 N Frank Lloyd Wright Blvd Suite 1000
         Scottsdale, AZ 85260

And      ___________________________________ Lender
         ___________________________________
         ___________________________________

Allied Mining and Supply, LLC, a Sunergy wholly owned subsidiary,  is purchasing
a commercial  dredge custom built for recovering  gold,  diamonds and rare earth
elements  (REE's)  on  its  Pampana  River  Concession  in  Sierra  Leone,  West
Africa.(Identified   in  attachment  below)  Allied  is  desirous  of  obtaining
financing  for the  dredge  purchase  of  $50,000  which  includes  freight  and
insurance to Sierra Leone.

Allied is offering the following  terms for financing:  Upon receipt of $50,000,
Allied will repay $62,500 in 4 equal  installments of $15,625  commencing on the
120th  day(4th  month) from receipt of funds,  with the account to be settled in
full on or before the 210th day(7th month).

As an  inducement to lender to enter into this  agreement,  Sunergy,  Inc.,  the
parent company of Allied , will issue  5,000,000  restricted  common shares with
5,000,000 share purchase  warrants priced at $0.005 valid for 1 year immediately
upon receipt of the $50,000. In addition, as additional security,  should lender
not  receive  his  payment in full on or before the due date,  Sunergy,  Inc, as
guarantor,  will be responsible for a $500/ day default penalty and remain fully
responsible  for  any  and all  outstanding  debt  owed  to  lender  under  this
agreement.

Lender hereby authorizes Allied Mining and Supply,  LLC to transport and operate
the dredge in Sierra Leone,  West Africa.  Lender is hereby  granted a first and
only security charge against the dredge.

Jurisdiction  for any disputes  pertaining to this  agreement is in the State of
Nevada and shall be resolved by Arbitration.

This is the entire agreement between the parties.
<PAGE>
Agreed and accepted on the date above referenced by:

--------------------------------------------------------------------
Allied Mining and Supply, LLC, Borrower
Dale Bourassa, President 707.758.5859 dale@alliedminingandsupply.com

--------------------------------------------------------------------
Sunergy, Inc, Guarantor
Bryan Miller, President 707.738.4280 bryan@alliedminingandsupply.com

--------------------------------------------------------------------
                                                              Lender

Attached as a part of this agreement: Purchase agreement for DredgeExhibit 10.2

                         [LETTERHEAD OF SUNERGY, INC.]

                      Commercial Short Term Loan Agreement

March __,2011

Between: Allied Mining and Supply, LLC, Borrower
         14362 N Frank Lloyd Wright Blvd Suite 1000
         Scottsdale, AZ 85260

And:     Sunergy, Inc, Guarantor
         14362 N Frank Lloyd Wright Blvd Suite 1000
         Scottsdale, AZ 85260

And      ___________________________________ Lender
         ___________________________________
         ___________________________________

Allied Mining and Supply, LLC, a Sunergy wholly owned subsidiary,  has purchased
3 commercial  dredges custom built for recovering gold,  diamonds and rare earth
elements (REE's) on its Pampana River  Concession in Sierra Leone,  West Africa.
Allied is desirous of obtaining  short term loan  financing for operating  these
dredges.  The dredge  operations should produce adequate cash flow to repay this
loan.

Allied is offering the following terms for financing:  Upon receipt of $ 15,000,
Allied  will repay in 90 days an amount  equal to $17,500 as full  payment  plus
interest.  As an  inducement  to lender to enter into this  agreement,  Sunergy,
Inc., the parent company of Allied , will issue 300,000 restricted common shares
with  300,000  share  purchase  warrants  priced  at  $0.0075  valid  for 1 year
immediately upon receipt of the $15,000.  In addition,  as additional  security,
should  lender  not  receive  his  payment  in full on or  before  the due date,
Sunergy, Inc, as guarantor,  will be responsible for a $100/ day default penalty
and remain fully  responsible  for any and all  outstanding  debt owed to lender
under this agreement.  This loan is  collateralized  by 5,000,000  common shares
plus 5,000,000 share purchase warrants at $0.0075 exercisable for 1 year. In the
event of any default,  lender shall be able to convert the  outstanding  balance
owed to the common share collateral provided by Sunergy.

Jurisdiction  for any disputes  pertaining to this  agreement is in the State of
Nevada and shall be resolved by Arbitration.

This is the entire agreement between the parties.
<PAGE>
Agreed and accepted on the date above referenced by:

--------------------------------------------------------------------
Allied Mining and Supply, LLC, Borrower
Dale Bourassa, President 707.758.5859 dale@alliedminingandsupply.com

--------------------------------------------------------------------
Sunergy, Inc, Guarantor
Bryan Miller, President 707.738.4280 bryan@alliedminingandsupply.com

--------------------------------------------------------------------
                                                              Lender

Attached as a part of this agreement: Purchase agreement for Dredge

Sunergy, Inc  Bank Info for wiring funds:

Chase Bank NA
11355 E Via Linda
Scottsdale AZ 85259

Account
ABA     122100024

Sunergy Inc
14362 N. Frank Lloyd Wright Blvd
Scottsdale, AZ 85260
480.399.7222Exhibit 10.3

                                               (U.S. ACCREDITED PURCHASERS ONLY)

NONE OF THE SECURITIES TO WHICH THIS PRIVATE  PLACEMENT  SUBSCRIPTION  AGREEMENT
(THE  "SUBSCRIPTION  AGREEMENT")  RELATES HAVE BEEN REGISTERED  UNDER THE UNITED
STATES  SECURITIES  ACT OF 1933, AS AMENDED (THE "1933 ACT"),  OR ANY U.S. STATE
SECURITIES  LAWS, AND, UNLESS SO REGISTERED,  NONE MAY BE OFFERED OR SOLD IN THE
UNITED  STATES OR TO U.S.  PERSONS (AS  DEFINED  HEREIN)  EXCEPT  PURSUANT TO AN
EXEMPTION  FROM,  OR  IN  A  TRANSACTION   NOT  SUBJECT  TO,  THE   REGISTRATION
REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE
STATE SECURITIES LAWS.

                                  SUNERGY, INC

                    PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT
                                      UNITS

                       UNITED STATES ACCREDITED INVESTORS

                            INSTRUCTIONS TO PURCHASER

1.   THIS SUBSCRIPTION FORM is for use by United States Accredited Investors.

2.   COMPLETE the information on page 2 of this Subscription Agreement.

3.   COMPLETE  the  Questionnaire  attached  on  page  5  to  this  Subscription
     Agreement (the "Questionnaire").

4.   All other information must be filled in where appropriate.
<PAGE>
           This is Page 2 of 12 pages of a subscription agreement and
       related appendices, schedules and forms. Collectively, these pages
           together are referred to as the "Subscription Agreement".

                    PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT

TO:  SUNERGY,   INC  (the  "ISSUER"),   of  14362N.  Frank  Lloyd  Wright  Blvd.
     Scottsdale, AZ 85260

Subject  and  pursuant to the terms set out in the Terms on pages 3 to 4 of this
Subscription  Agreement,  the  General  Provisions  on  pages  7 to 12  of  this
Subscription Agreement and the other schedules and appendices attached which are
hereby  incorporated by reference,  the Purchaser hereby irrevocably  subscribes
for, and on Closing will purchase from the Issuer,  the following  securities at
the following price:
                             _________________ UNITS

US$0.0075 per Unit for a total purchase price of US$ _____________________

The Purchaser  owns,  directly or  indirectly,  the following  securities of the
Issuer:
_____________________________________________________

[CHECK IF APPLICABLE]  The Purchaser is  [ ] an affiliate of the Issuer

The Purchaser directs the Issuer to issue, register and deliver the certificates
representing the Purchased Securities as follows:

    REGISTRATION INSTRUCTIONS                DELIVERY INSTRUCTIONS

Name to appear on certificate        Name and account reference, if applicable

Account reference if applicable      Contact name

Address                              Address

                                     Telephone Number

EXECUTED by the Purchaser this _______ day of _____________,  2010. By executing
this Subscription Agreement,  the Purchaser certifies that the Purchaser and any
beneficial  purchaser  for whom the  Purchaser  is  acting  is  resident  in the
jurisdiction shown as the "Address of Purchaser".

          WITNESS:                          EXECUTION BY PURCHASER:

                                     X
Signature of Witness                 Signature of individual (if Purchaser IS
                                     an individual)

                                     X
                                     Authorized signatory (if Purchaser IS NOT
Name of Witness                      an individual)

Address of Witness                   Name of Purchaser (PLEASE PRINT)

                                     Name of authorized signatory (PLEASE PRINT)
Accepted this ___ day
of ____________, 2010

SUNERGY, INC                         Address of Purchaser (residence)

Per:                                 *Telephone Number

Authorized Signatory                 *Social Security/Insurance No./Gov ID No.:

* Required from all Purchasers

By signing this acceptance,  the Issuer agrees to be bound by the Terms on pages
3 to 4 of this Subscription  Agreement,  the General Provisions on pages 7 to 12
of  this   Subscription   Agreement  and  the  other  schedules  and  appendices
incorporated by reference. IF FUNDS are delivered to the Company's lawyers, they
are authorized to release the funds to the Issuer without further  authorization
from the Purchaser.
<PAGE>
SUBSCRIPTION AGREEMENT (WITH RELATED APPENDICES,
SCHEDULES AND FORMS)                                                PAGE 3 OF 12

                                      TERMS

Reference date of this
Subscription Agreement            September 21, 2010 (the "Agreement Date")

                                  THE OFFERING

The Issuer                        SUNERGY, INC  (the "ISSUER" or the "COMPANY")

Offering                          The offering  consists of units ("UNITS") Each
                                  Unit will  consist of one common  share in the
                                  capital of the Issuer  (each,  a "SHARE")  and
                                  one common share  purchase  warrant  (each,  a
                                  "WARRANT").     Each    Warrant    shall    be
                                  non-transferable  and shall entitle the holder
                                  thereof to purchase one shares of common stock
                                  in the capital of the Issuer (each, a "Warrant
                                  Share"),  as  presently  constituted,   for  a
                                  period of twelve  months  commencing  from the
                                  Closing (as defined hereafter), at a price per
                                  Warrant Share of US$0.015.

                                  The Shares,  Warrants  and the Warrant  Shares
                                  are  referred  to as the  "Securities"  or the
                                  "Purchased Securities".

Warrants                          Exercisable  for 1  year  from  Closing  at an
                                  exercise  price of US$0.015 per Warrant  Share
                                  for each Warrant.

Purchased Securities              The   "PURCHASED    SECURITIES"   under   this
                                  Subscription  Agreement  are Shares,  Warrants
                                  and the Warrant Shares.

Total Amount                      This offering is not subject to any minimum or
                                  maximum offering.

Issue Price                       US$0.0075 per Unit.

Selling Jurisdictions             The Units may be sold in  jurisdictions  where
                                  they  may  be  lawfully   sold  (the  "SELLING
                                  JURISDICTIONS").

Exemptions                        The offering will be made in  accordance  with
                                  the following exemptions:

                                  (a)  the  Accredited   Investor  exemption  as
                                  defined by Regulation D promulgated  under the
                                  1933 Act

                                  (b) such other  exemptions as may be available
                                  the    securities    laws   of   the   Selling
                                  Jurisdictions.

No Registration of
 Securities                       The Securities will be registered with the SEC
                                  on a commercially reasonable efforts basis and
                                  will also be tradable in compliance  with Rule
                                  144 restricted periods.

Resale restrictions and
 legends                          The    Purchaser    acknowledges    that   the
                                  certificates    representing   the   Purchased
                                  Securities will bear the following legends:

                                  "NONE OF THE  SECURITIES TO WHICH THIS PRIVATE
                                  PLACEMENT    SUBSCRIPTION    AGREEMENT    (THE
                                  "SUBSCRIPTION  AGREEMENT")  RELATES  HAVE BEEN
                                  REGISTERED UNDER THE UNITED STATES  SECURITIES
                                  ACT OF 1933,  AS AMENDED (THE "1933 ACT"),  OR
                                  ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO
                                  REGISTERED, NONE MAY BE OFFERED OR SOLD IN THE
                                  UNITED  STATES OR TO U.S.  PERSONS (AS DEFINED
                                  HEREIN) EXCEPT  PURSUANT TO AN EXEMPTION FROM,
                                  OR  IN  A  TRANSACTION  NOT  SUBJECT  TO,  THE
                                  REGISTRATION  REQUIREMENTS OF THE 1933 ACT AND
                                  IN  EACH   CASE   ONLY  IN   ACCORDANCE   WITH
                                  APPLICABLE STATE SECURITIES LAWS."

                                  Purchasers  are advised to consult  with their
                                  own legal counsel or advisors to determine the
                                  resale  restrictions that may be applicable to
                                  them.
<PAGE>
SUBSCRIPTION AGREEMENT (WITH RELATED APPENDICES,
SCHEDULES AND FORMS)                                                PAGE 4 OF 12

Closing Date                      The completion of the sale and purchase of the
                                  Units will take place in one or more closings,
                                  on a date or dates as agreed to by the  Issuer
                                  and the Purchaser (the "CLOSING DATE").

Securities                        The  Shares,  the  Warrants  and  the  Warrant
                                  Shares.

                                   THE ISSUER

Jurisdiction of organization      The Issuer is  incorporated  under the laws of
                                  the State of Nevada.

"Securities Legislation
 Applicable to the Issuer"        The "SECURITIES  LEGISLATION APPLICABLE TO THE
                                  ISSUER" is the U.S. Securities Exchange Act of
                                  1934,  and the  Securities  Commission  having
                                  jurisdiction  over the  Issuer  is the  United
                                  States Securities and Exchange Commission.

                                  END OF TERMS
<PAGE>
SUBSCRIPTION AGREEMENT (WITH RELATED APPENDICES,
SCHEDULES AND FORMS)                                                PAGE 5 OF 12

                                  UNITED STATES
                        ACCREDITED INVESTOR QUESTIONNAIRE

All  capitalized  terms  herein,  unless  otherwise  defined,  have the meanings
ascribed thereto in the Subscription Agreement.

This Questionnaire is for use by each Purchaser who is a US person (as that term
is defined  Regulation S of the United States  Securities Act of 1933 (the "1933
Act")) and has  indicated an interest in  purchasing  Shares of the Issuer.  The
purpose of this  Questionnaire  is to assure the Issuer that each Purchaser will
meet the  standards  imposed by the 1933 Act and the  appropriate  exemptions of
applicable  state  securities  laws.  The  Issuer  will rely on the  information
contained  in this  Questionnaire  for the purposes of such  determination.  The
Securities  will not be  registered  under  the 1933  Act in  reliance  upon the
exemption  from  registration  afforded by Section 3(b) and/or  Section 4(2) and
Regulation  D of the  1933  Act.  This  Questionnaire  is not  an  offer  of the
Securities  or any other  securities of the Issuer in any state other than those
specifically authorized by the Issuer.

All information contained in this Questionnaire will be treated as confidential.
However,  by signing and returning this  Questionnaire,  each  Purchaser  agrees
that, if necessary,  this  Questionnaire may be presented to such parties as the
Issuer deems  appropriate to establish the  availability,  under the 1933 Act or
applicable  state  securities law, of exemption from  registration in connection
with the sale of the Securities hereunder.

The Purchaser covenants, represents and warrants to the Issuer that it satisfies
one or  more  of  the  categories  of  "Accredited  Investors",  as  defined  by
Regulation D promulgated under the 1933 Act, as indicated below: (Please initial
in the space provide those categories, if any, of an "Accredited Investor" which
the Purchaser satisfies.)

____ Category 1     An organization described in Section 501(c)(3) of the United
                    States Internal Revenue Code, a corporation, a Massachusetts
                    or similar business trust or partnership, not formed for the
                    specific  purpose of acquiring  the  Securities,  with total
                    assets in excess of US $5,000,000.

____ Category 2     A natural person whose  individual  net worth,  or joint net
                    worth with that  person's  spouse,  on the date of  purchase
                    exceeds US $1,000,000.

____ Category 3     A natural  person who had an individual  income in excess of
                    US $200,000  in each of the two most  recent  years or joint
                    income with that person's spouse in excess of US $300,000 in
                    each of those  years  and has a  reasonable  expectation  of
                    reaching the same income level in the current year.

____ Category 4     A "bank" as defined under Section  (3)(a)(2) of the 1933 Act
                    or savings  and loan  association  or other  institution  as
                    defined in Section  3(a)(5)(A) of the 1933 Act acting in its
                    individual or fiduciary capacity; a broker dealer registered
                    pursuant  to Section 15 of the  SECURITIES  EXCHANGE  ACT OF
                    1934 (United  States);  an  insurance  company as defined in
                    Section  2(13)  of  the  1933  Act;  an  investment  company
                    registered under the INVESTMENT  COMPANY ACT OF 1940 (United
                    States)  or a  business  development  company  as defined in
                    Section  2(a)(48) of such Act; 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  (United  States);  a plan with total  assets in
                    excess of $5,000,000  established and maintained by a state,
                    a   political   subdivision   thereof,   or  an   agency  or
                    instrumentality  of  a  state  or  a  political  subdivision
                    thereof,  for the  benefit  of its  employees;  an  employee
                    benefit plan within the meaning of the  EMPLOYEE  RETIREMENT
                    INCOME SECURITY ACT OF 1974 (United States) whose investment
                    decisions  are  made  by a plan  fiduciary,  as  defined  in
                    Section 3(21) of such Act,  which is either a bank,  savings
                    and  loan  association,   insurance  company  or  registered
                    investment  adviser,  or if the  employee  benefit  plan has
                    total assets in excess of $5,000,000, or, if a self-directed
                    plan, whose investment  decisions are made solely by persons
                    that are accredited investors.

____ Category 5     A private business development company as defined in Section
                    202(a)(22)  of the  INVESTMENT  ADVISERS ACT OF 1940 (United
                    States).
<PAGE>
SUBSCRIPTION AGREEMENT (WITH RELATED APPENDICES,
SCHEDULES AND FORMS)                                                PAGE 6 OF 12

____ Category 6     A director or executive officer of the Issuer.

____ Category 7     A trust  with  total  assets in excess  of  $5,000,000,  not
                    formed for the specific purpose of acquiring the Securities,
                    whose  purchase  is directed  by a  sophisticated  person as
                    described in Rule 506(b)(2)(ii) under the 1933 Act.

____ Category 8     An entity  in which all of the  equity  owners  satisfy  the
                    requirements of one or more of the foregoing categories.

Note that prospective  Purchaser claiming to satisfy one of the above categories
of  Accredited  Investor  may be  required  to supply the Issuer  with a balance
sheet,   prior  years'   federal   income  tax  returns  or  other   appropriate
documentation to verify and substantiate the Purchaser's status as an Accredited
Investor.

If the Purchaser is an entity which  initialled  Category 8 in reliance upon the
Accredited Investor  categories above, state the name,  address,  total personal
income  from all  sources  for the  previous  calendar  year,  and the net worth
(exclusive of home, home  furnishings and personal  automobiles) for each equity
owner of the said entity:

--------------------------------------------------------------------------------

The  Purchaser  hereby   certifies  that  the  information   contained  in  this
Questionnaire  is complete and accurate and the Purchaser will notify the Issuer
promptly of any change in any such information.  If this  Questionnaire is being
completed on behalf of a corporation,  partnership,  trust or estate, the person
executing on behalf of the  Purchaser  represents  that it has the  authority to
execute and deliver this Questionnaire on behalf of such entity.

IN WITNESS  WHEREOF,  the undersigned has executed this  Questionnaire as of the
___ day of _______________, 2010.

If a Corporation, Partnership                  If an Individual:
or Other Entity:

---------------------------------              ---------------------------------
Print of Type Name of Entity                   Signature

---------------------------------              ---------------------------------
Signature of Authorized Signatory              Print or Type Name

---------------------------------
Type of Entity
<PAGE>
SUBSCRIPTION AGREEMENT (WITH RELATED APPENDICES,
SCHEDULES AND FORMS)                                                PAGE 7 OF 12

                               GENERAL PROVISIONS

1. DEFINITIONS

1.1 In the Subscription  Agreement  (including the first (cover) page, the Terms
on  pages  3  to  4,  these  General   Provisions   and  the  other   schedules,
questionnaires  and appendices  incorporated by reference),  the following words
have the following meanings unless otherwise indicated:

     (a)  "1933 ACT" means the United States Securities Act of 1933, as amended;

     (b)  "APPLICABLE  LEGISLATION" means the Securities  Legislation Applicable
          to the Issuer (as defined on page 8) and all legislation  incorporated
          in the  definition  of this  term in other  parts of the  Subscription
          Agreement,   together  with  the   regulations   and  rules  made  and
          promulgated  under  that  legislation  and all  administrative  policy
          statements,   blanket   orders   and   rulings,   notices   and  other
          administrative directions issued by the Commissions;

     (c)  "CLOSING"  means  the  completion  of the  sale  and  purchase  of the
          Purchased Securities;

     (d)  "CLOSING DATE" has the meaning assigned in the Terms;

     (e)  "CLOSING  YEAR" means the  calendar  year in which the  Closing  takes
          place;

     (f)  "COMMISSIONS"  means the Commissions with Jurisdiction over the Issuer
          (as defined on page 4) and the securities commissions  incorporated in
          the  definition  of  this  term in  other  parts  of the  Subscription
          Agreement;

     (g)  "FINAL CLOSING" means the last closing under the Private Placement;

     (h)  "GENERAL   PROVISIONS"   means  those  portions  of  the  Subscription
          Agreement headed "GENERAL PROVISIONs" and contained on pages 7 to 12;

     (i)  "PRIVATE  PLACEMENT"  means the offering of the Units on the terms and
          conditions of this Subscription Agreement;

     (j)  "PURCHASED SECURITIES" has the meaning assigned in the Terms;

     (k)  "REGULATORY AUTHORITIES" means the Commissions;

     (l)  "SECURITIES" has the meaning assigned in the Terms;

     (m)  "SUBSCRIPTION  AGREEMENT"  means the first (cover) page,  the Terms on
          pages 3 to 4, the  General  Provisions  and the  other  schedules  and
          appendices incorporated by reference; and

     (n)  "TERMS"  means those  portions of the  Subscription  Agreement  headed
          "Terms" and contained on pages 3 to 4.

1.2 In the Subscription Agreement, the following terms have the meanings defined
in  Regulation  S under  the 1933  Act:  "Directed  SELLING  EFFORTS",  "FOREIGN
ISSUER", "SUBSTANTIAL U.S. MARKET INTEREST", "U.S. PERSON" and "UNITED STATES".

1.3 In the Subscription  Agreement,  unless otherwise specified,  currencies are
indicated in U.S. dollars.

1.4 In the Subscription Agreement,  other words and phrases that are capitalized
have the meanings assigned to them in the body hereof.
<PAGE>
SUBSCRIPTION AGREEMENT (WITH RELATED APPENDICES,
SCHEDULES AND FORMS)                                                PAGE 8 OF 12

2. ACKNOWLEDGEMENTS, REPRESENTATIONS AND WARRANTIES OF PURCHASER

2.1 ACKNOWLEDGEMENTS CONCERNING OFFERING

The Purchaser acknowledges that:

     (a)  the Securities have not been  registered  under the 1933 Act, or under
          any state  securities  or "blue  sky" laws of any state of the  United
          States,  and are being offered only in a transaction not involving any
          public  offering  within the meaning of the 1933 Act,  and,  unless so
          registered, may not be offered or sold in the United States or to U.S.
          Persons  (as  defined   herein),   except  pursuant  to  an  effective
          registration statement under the 1933 Act, or pursuant to an exemption
          from,   or  in  a  transaction   not  subject  to,  the   registration
          requirements of the 1933 Act, and in each case only in accordance with
          applicable state securities laws;

     (b)  the Company will refuse to register any transfer of the Securities not
          made in accordance with the provisions of Regulation S, pursuant to an
          effective  registration statement under the 1933 Act or pursuant to an
          available  exemption  from,  or in a  transaction  not subject to, the
          registration requirements of the 1933 Act;

     (c)  the  Company  has not  undertaken,  and will  have no  obligation,  to
          register any of the Securities under the 1933 Act;

     (d)  the decision to execute this  Subscription  Agreement and purchase the
          Units  agreed to be  purchased  hereunder  has not been based upon any
          oral or written  representation  as to fact or otherwise made by or on
          behalf of the  Company  and such  decision  is based  entirely  upon a
          review  of  information  (the  "Company  Information")  which has been
          provided by the Company to the Purchaser. If the Company has presented
          a  business  plan  or any  other  type  of  corporate  profile  to the
          Purchaser,  the Purchaser  acknowledges  that the business  plan,  the
          corporate profile and any projections or predictions  contained in any
          such documents may not be achieved or be achievable;

     (e)  the Purchaser  and the  Purchaser's  advisor(s)  have had a reasonable
          opportunity  to ask questions of and receive  answers from the Company
          regarding the Offering, and to obtain additional  information,  to the
          extent possessed or obtainable without unreasonable effort or expense,
          necessary to verify the accuracy of the  information  contained in the
          Company  Information,  or any business plan,  corporate profile or any
          other document provided to the Purchaser;

     (f)  the books and records of the Company were  available  upon  reasonable
          notice   for   inspection,    subject   to   certain   confidentiality
          restrictions, by the Purchaser during reasonable business hours at its
          principal place of business and that all documents,  records and books
          pertaining to this Offering have been made available for inspection by
          the Purchaser, the Purchaser's attorney and/or advisor(s);

     (g)  by execution  hereof the Purchaser has waived the need for the Company
          to communicate its acceptance of the purchase of the Units pursuant to
          this Subscription Agreement;

     (h)  the Company is entitled to rely on the  representations and warranties
          and the  statements  and answers of the  Purchaser  contained  in this
          Subscription  Agreement  and in the  Questionnaire,  and the Purchaser
          will hold  harmless  the Company from any loss or damage it may suffer
          as a result of the  Purchaser's  failure to  correctly  complete  this
          Subscription Agreement or the Questionnaire;

     (i)  the Purchaser  will indemnify and hold harmless the Company and, where
          applicable,  its respective directors,  officers,  employees,  agents,
          advisors  and  shareholders   from  and  against  any  and  all  loss,
          liability,  claim, damage and expense whatsoever  (including,  but not
          limited to, any and all fees, costs and expenses whatsoever reasonably
          incurred in  investigating,  preparing or defending against any claim,
          lawsuit,  administrative proceeding or investigation whether commenced
<PAGE>
SUBSCRIPTION AGREEMENT (WITH RELATED APPENDICES,
SCHEDULES AND FORMS)                                                PAGE 9 OF 12

          or  threatened)  arising  out of or based upon any  representation  or
          warranty of the Purchaser  contained  herein,  the Questionnaire or in
          any other  document  furnished  by the  Purchaser  to the  Company  in
          connection  herewith,  being  untrue in any  material  respect  or any
          breach or failure by the  Purchaser  to comply  with any  covenant  or
          agreement   made  by  the  Purchaser  to  the  Company  in  connection
          therewith;

     (j)  the  issuance  and  sale of the  Units  to the  Purchaser  will not be
          completed  if it would be  unlawful  or if, in the  discretion  of the
          Company  acting  reasonably,  it is not in the best  interests  of the
          Company;

     (k)  the Purchaser has been advised to consult its own legal, tax and other
          advisors  with respect to the merits and risks of an investment in the
          Units and with respect to  applicable  resale  restrictions  and it is
          solely  responsible  (and the Company is in any way  responsible)  for
          compliance with applicable resale restrictions;

     (l)  the  Securities  are not  listed on any stock  exchange  or  automated
          dealer  quotation  system and no  representation  has been made to the
          Purchaser that any of the  Securities  will become listed on any stock
          exchange or automated dealer quotation system;

     (m)  neither  the  SEC nor  any  other  securities  commission  or  similar
          regulatory  authority  has  reviewed  or passed  on the  merits of the
          Securities ;

     (n)  no documents in  connection  with this  Offering have been reviewed by
          the SEC or any state securities administrators;

     (o)  there  is no  government  or  other  insurance  covering  any  of  the
          Securities ;

     (p)  this Subscription Agreement is not enforceable by the Purchaser unless
          it has been accepted by the Company,  and the  Purchaser  acknowledges
          and  agrees  that  the  Company  reserves  the  right  to  reject  any
          Subscription for any reason; and

     (q)  By executing and delivering this  Agreement,  each Purchaser will have
          directed  the  Company  not  to  include  a  Canadian  Legend  on  any
          certificates   representing  the  Securities  to  be  issued  to  such
          Purchaser. As a consequence, the Purchaser will not be able to rely on
          the  resale  provisions  of  National   Instrument   45-102,  and  any
          subsequent  trade in the Securities  during or after the Canadian hold
          period  described  therein  will  be a  distribution  subject  to  the
          prospectus  and  registration   requirements  of  Canadian  securities
          legislation,  to the extent that the trade is at that time  subject to
          any such Canadian securities legislation.

2.2 REPRESENTATIONS BY THE PURCHASER

The  Purchaser  represents  and warrants to the Issuer that, as at the Agreement
Date and at the Closing:

     (r)  the Purchaser is resident in the United States;

     (s)  the  Purchaser  has  received  and  carefully  read this  Subscription
          Agreement;

     (t)  the Purchaser has the legal  capacity and competence to enter into and
          execute this  Subscription  Agreement and to take all actions required
          pursuant  hereto and, if the  Purchaser is a  corporation,  it is duly
          incorporated and validly subsisting under the laws of its jurisdiction
          of  incorporation  and  all  necessary  approvals  by  its  directors,
          shareholders and others have been obtained to authorize  execution and
          performance of this Subscription Agreement on behalf of the Purchaser;

     (u)  the  Purchaser  (i) has adequate net worth and means of providing  for
          its current financial needs and possible personal contingencies,  (ii)
          has no need for  liquidity  in this  investment,  and (iii) is able to
<PAGE>
SUBSCRIPTION AGREEMENT (WITH RELATED APPENDICES,
SCHEDULES AND FORMS)                                               PAGE 10 OF 12

          bear  the  economic  risks  of an  investment  in  the  Units  for  an
          indefinite  period of time,  and can afford the complete  loss of such
          investment;

     (v)  the   Purchaser  is  aware  that  an  investment  in  the  Company  is
          speculative and involves certain risks, including the possible loss of
          the investment;

     (w)  the entering into of this Subscription  Agreement and the transactions
          contemplated hereby do not result in the violation of any of the terms
          and  provisions  of any law  applicable  to,  or, if  applicable,  the
          constating documents of, the Purchaser,  or of any agreement,  written
          or  oral,  to which  the  Purchaser  may be a party  or by  which  the
          Purchaser is or may be bound;

     (x)  the  Purchaser  has duly  executed  and  delivered  this  Subscription
          Agreement  and it  constitutes  a valid and binding  agreement  of the
          Purchaser enforceable against the Purchaser;

     (y)  the Purchaser has the requisite  knowledge and experience in financial
          and  business  matters as to be capable of  evaluating  the merits and
          risks  of the  investment  in the  Units  and  the  Company,  and  the
          Purchaser is providing  evidence of such  knowledge and  experience in
          these matters through the information requested in the Questionnaire;

     (z)  the Purchaser  understands and agrees that the Company and others will
          rely   upon  the   truth  and   accuracy   of  the   acknowledgements,
          representations   and  agreements   contained  in  this   Subscription
          Agreement,   and  agrees   that  if  any  of  such   acknowledgements,
          representations  and  agreements  are no longer  accurate or have been
          breached, the Purchaser shall promptly notify the Company;

     (aa) all  information  contained  in  the  Questionnaire  is  complete  and
          accurate and may be relied upon by the Company, and the Purchaser will
          notify the  Company  immediately  of any  material  change in any such
          information  occurring  prior to the  closing of the  purchase  of the
          Securities ;

     (bb) the  Purchaser  is  purchasing  the  Units  for  its own  account  for
          investment  purposes  only and not for the account of any other person
          and not for distribution, assignment or resale to others, and no other
          person has a direct or indirect beneficial interest is such Units, and
          the  Purchaser has not  subdivided  his interest in the Units with any
          other person;

     (cc) the  Purchaser  is not an  underwriter  of, or dealer  in,  the common
          shares of the Company, nor is the Purchaser participating, pursuant to
          a  contractual  agreement or  otherwise,  in the  distribution  of the
          Securities ;

     (dd) the Purchaser has made an independent examination and investigation of
          an  investment  in the Units and the Company  and has  depended on the
          advice of its legal and financial advisors and agrees that the Company
          will not be  responsible  in  anyway  whatsoever  for the  Purchaser's
          decision to invest in the Units and the Company;

     (ee) if the  Purchaser is  acquiring  the Units as a fiduciary or agent for
          one or more  investor  accounts,  the investor  accounts for which the
          Purchaser  acts as a fiduciary or agent  satisfy the  definition of an
          "Accredited  Investor",  as the term is defined under  Regulation D of
          the 1933 Act;

     (ff) if the  Purchaser is  acquiring  the Units as a fiduciary or agent for
          one or more  investor  accounts,  the  Purchaser  has sole  investment
          discretion  with respect to each such  account,  and the Purchaser has
          full power to make the foregoing acknowledgements, representations and
          agreements on behalf of such account;

     (gg) the  Purchaser is not aware of any  advertisement  of any of the Units
          and is not  acquiring  the  Units as a result  of any form of  general
          solicitation   or  general   advertising   including   advertisements,
          articles,  notices or other communications published in any newspaper,
<PAGE>
SUBSCRIPTION AGREEMENT (WITH RELATED APPENDICES,
SCHEDULES AND FORMS)                                               PAGE 11 OF 12

          magazine or similar media or broadcast  over radio or  television,  or
          any seminar or meeting  whose  attendees  have been invited by general
          solicitation or general advertising; and

     (hh) no  person   has  made  to  the   Purchaser   any   written   or  oral
          representations:  (i) that any person will resell or repurchase any of
          the  Securities ; (ii) that any person will refund the purchase  price
          of any of the  Securities  ; (iii) as to the future  price or value of
          any of the Securities; or

     (iv) that any of the  Securities  will be listed and posted for  trading on
          any  stock  exchange  or  automated  dealer  quotation  system or that
          application  has been made to list and post any of the  Securities  of
          the  Company  on any stock  exchange  or  automated  dealer  quotation
          system.

2.3 RELIANCE, INDEMNITY AND NOTIFICATION OF CHANGES

The representations and warranties in the Subscription  Agreement (including the
first (cover) page, the Terms,  the General  Provisions and the other  schedules
and  appendices  incorporated  by reference)  are made by the Purchaser with the
intent that they be relied upon by the Issuer in determining  its suitability as
a  purchaser  of  Purchased  Securities,  and the  Purchaser  hereby  agrees  to
indemnify the Issuer against all losses,  claims, costs, expenses and damages or
liabilities  which  any of them may  suffer  or incur  as a result  of  reliance
thereon. The Purchaser undertakes to notify the Issuer immediately of any change
in any representation,  warranty or other information  relating to the Purchaser
set forth in the Subscription  Agreement  (including the first (cover) page, the
Terms,   the  General   Provisions  and  the  other   schedules  and  appendices
incorporated by reference) which takes place prior to the Closing.

2.4 SURVIVAL OF REPRESENTATIONS AND WARRANTIES

The  representations  and warranties  contained in this Section will survive the
Closing.

3. ISSUER'S ACCEPTANCE

The Subscription Agreement, when executed by the Purchaser, and delivered to the
Issuer,  will  constitute a subscription  for Units which will not be binding on
the Issuer until accepted by the Issuer by executing the Subscription  Agreement
in the space provided on the face page(s) of the Agreement and,  notwithstanding
the Agreement Date, if the Issuer accepts the subscription by the Purchaser, the
Subscription Agreement will be entered into on the date of such execution by the
Issuer.

4. CLOSING

4.1 On or before the end of the fifth  business day before the Closing Date, the
Purchaser  will  deliver  to the  Issuer  the  Subscription  Agreement  and  all
applicable schedules and required forms, duly executed,  and payment in full for
the total price of the Purchased Securities to be purchased by the Purchaser.

4.2 At  Closing,  the Issuer  will  deliver to the  Purchaser  the  certificates
representing the Purchased  Securities  purchased by the Purchaser registered in
the name of the Purchaser or its nominee, or as directed by the Purchaser.

5. MISCELLANEOUS

5.1 The  Purchaser  agrees to sell,  assign or transfer the  Securities  only in
accordance with the  requirements of applicable  securities laws and any legends
placed on the Securities as contemplated by the Subscription Agreement.
<PAGE>
SUBSCRIPTION AGREEMENT (WITH RELATED APPENDICES,
SCHEDULES AND FORMS)                                               PAGE 12 OF 12

5.2 The Purchaser  hereby  authorizes the Issuer to correct any minor errors in,
or complete  any minor  information  missing  from any part of the  Subscription
Agreement and any other schedules,  forms, certificates or documents executed by
the  Purchaser  and  delivered  to the  Issuer in  connection  with the  Private
Placement.

5.3 The Issuer may rely on delivery  by fax machine of an executed  copy of this
subscription,  and  acceptance  by the Issuer of such faxed copy will be equally
effective to create a valid and binding  agreement between the Purchaser and the
Issuer in accordance with the terms of the Subscription Agreement.

5.4 Without limitation,  this subscription and the transactions  contemplated by
this  Subscription  Agreement are  conditional  upon and subject to the Issuer's
having  obtained  such  regulatory   approval  of  this   subscription  and  the
transactions contemplated by this Subscription Agreement as the Issuer considers
necessary.

5.5 This Subscription Agreement is not assignable or transferable by the parties
hereto  without  the  express  written  consent  of  the  other  party  to  this
Subscription Agreement.

5.6 Time is of the essence of this Subscription Agreement.

5.7 Except as  expressly  provided  in this  Subscription  Agreement  and in the
agreements, instruments and other documents contemplated or provided for in this
Subscription   Agreement,   this  Subscription  Agreement  contains  the  entire
agreement  between the parties with respect to the  Securities  and there are no
other  terms,  conditions,  representations  or  warranties  whether  expressed,
implied, oral or written, by statute, by common law, by the Issuer, or by anyone
else.

5.8 The  parties to this  Subscription  Agreement  may amend  this  Subscription
Agreement only in writing.

5.9 This Subscription Agreement enures to the benefit of and is binding upon the
parties  to this  Subscription  Agreement  and their  successors  and  permitted
assigns.

5.10 A party to this  Subscription  Agreement  will give all notices to or other
written  communications  with the  other  party to this  Subscription  Agreement
concerning this  Subscription  Agreement by hand or by registered mail addressed
to the address given on page 1.

5.11 This  Subscription  Agreement  is to be read with all  changes in gender or
number as required by the context.

5.12 This Subscription Agreement will be governed by and construed in accordance
with the internal laws of Nevada  (without  reference to its rules governing the
choice or  conflict  of laws),  and the parties  hereto  irrevocably  attorn and
submit to the exclusive jurisdiction of the courts of Nevada with respect to any
dispute related to this Subscription Agreement.

                            End of General Provisions

                          End of Subscription Agreement

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