Document:

Exhibit 10.31 Private Placement
Subscription Agreement

 

PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT

 

FOCUS GOLD CORPORATION

 

THIS AGREEMENT MADE EFFECTIVE as of the 5th day of April
2013 (the "Effective Date").

 

BETWEEN:

 

FOCUS GOLD CORPORATION, a Nevada corporation
having its offices at 4695 MacArthur Court, Suite 1430 Newport Beach, CA 92660;

(the “Company”)

 

AND:

 

THE PURCHASER NAMED AND SIGNING

AS PURCHASER ON SCHEDULE “A” HERETO.

(the “Purchaser”)

 

WHEREAS:

 

A.                                 
The Purchaser wishes to subscribe for the securities of the Company as set out on Schedule “A” hereto (the “Securities”);

 

B.                                 
The Company desires to accept the Purchaser’s subscription for the Securities; and

 

C.                                 
It is the intention of the parties to this Agreement that this subscription will be made pursuant to appropriate exemptions
(the "Exemptions") from the registration and prospectus or equivalent requirements of all rules, policies, notices, orders
and legislation of any kind whatsoever (collectively the “Securities Rules”) of all jurisdictions applicable to this
subscription;

 

D.                                 
This investment involves risk and the parties hereto acknowledge that the Purchaser may be restricted from selling the Securities
at any time in the future.

 

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration
of the mutual covenants and agreements herein contained (the “Agreement”), the receipt of which is hereby acknowledged,
the parties covenant and agree with each other as follows:

 

1.Subscription.The Purchaser hereby irrevocably
subscribes for and agrees to purchase the number of Securities of the Company, as set out on Schedule “A” hereto. The
offering of Securities by the Company to the Purchaser (the “Offering”) is being conducted in reliance upon the exemption
from registration requirements of the Securities Act of 1933 (the “Act”) set forth in Regulation S promulgated under
the Act.

 

 

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2.Representations and Warranties of the Purchaser.
In order to induce the Company to enter into this Agreement, the Purchaser hereby represents and warrants to, and covenants with,
the Company as follows:

 

A.The Purchaser is purchasing the Securities for the Purchaser’s
own account (not as a nominee or agent) for investment purposes and not with a view towards resale or distribution of any part
thereof. The Purchaser has no present arrangement or intention to sell or distribute the Securities, or to grant participation
in the Securities. The Purchaser does not have any contract, undertaking, agreement or arrangement with any person to sell, transfer
or grant participation to such person, or to any third person, with respect to any of the Securities sold hereby;

 

B.The Purchaser acknowledges and agrees that the United
States Securities & Exchange Commission has not reviewed the Offering and that the Securities have not been registered under
the Act and may not be offered or sold in the United States or to U.S. persons unless the Securities are registered under the Act,
sold in accordance with the provisions of Regulation S of the Act or pursuant to an available exemption from registration. The
certificate representing the Securities will bear the following legend and the Purchaser agrees to abide by the terms thereof:

 

The Securities represented hereby have not been registered
under the Securities Act of 1933 (the “Act”), and have been issued in reliance upon an exemption from the registration
requirements of the Act provided by Regulation S promulgated under the Act. Such securities may not be re-offered for sale or resold
or otherwise transferred except in accordance with the provisions of Regulation S, pursuant to an effective registration under
the Act, or pursuant to an available exemption from registration under the Act. Hedging transactions involving the securities may
not be conducted unless in compliance with the Act.

 

C.The Purchaser acknowledges that he is a sophisticated
investor and is able to purchase the Securities without prospectus.

 

D.The Purchaser has had the opportunity to ask and receive
answers to any and all questions the Purchaser has had with respect to the Company, its business plan, management, current financial
condition and the Offering. The Purchaser acknowledges that the Company will likely require additional capital to complete its
business plan and that there is no assurance that the Company can obtain additional capital or successfully complete its business
objectives

 

E.The Purchaser is an accredited investor and has such knowledge
and expertise in financial and business matters that the Purchaser is capable of evaluating the merits and risks involved in an
investment in the Securities and acknowledges that an investment in the Securities entails a number of very significant risks and
the Purchaser is able to withstand the total loss of its investment. The Purchaser acknowledges that the Company has recommended
that each Purchaser obtain independent legal and financial advice prior to subscribing, including but not limited to advice as
to the legality of any resale of the Securities, as well as the suitability of the investment for the Purchaser;

 

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F.Except as set forth in this Agreement, no representations
or warranties have been made to the Purchaser by the Company or any agent, employee or affiliate of the Company and in entering
into this transaction the Purchaser is not relying upon any information, other than that contained in this Agreement and the result
of independent investigation by the Purchaser;

 

G.The Purchaser understands that the Securities are being
offered and sold to it in reliance on specific exemptions from the registration requirements of the United States Federal and State
securities laws and that the Company is relying upon the truth and accuracy of the representations, warranties, agreements, acknowledgments
and understandings of the Purchaser set forth herein in order to determine the applicability of such exemptions and the suitability
of the Purchaser to acquire the Securities;

 

H.The Purchaser has full power and authority to execute
and deliver this Agreement and to perform its obligations hereunder, and this Agreement is a legally binding obligation of the
Purchaser enforceable against the Purchaser in accordance with its terms;

 

I.The Purchaser is not purchasing the Securities as a result
of any advertisement of the Offering or any other advertising conducted by or on behalf of the Company;

 

J.This subscription for the Securities has not been induced
by any representations or warranties by any person whatsoever with regard to the future value of the Company's securities;

 

K.The Purchaser is a “U.S. Person” as defined
by Regulation S of the Act.

 

L.The Purchaser agrees not to engage in hedging transactions
with regard to the Securities unless in compliance with the Act.

 

M.The Purchaser acknowledges and agrees that by returning
an executed copy of this Agreement the Purchaser consents to the filing by the Company with the applicable securities regulatory
authorities and stock exchanges of all documents and personal information concerning the Purchaser provided in this Agreement and
required to be filed by the securities laws of the applicable jurisdictions and the policies of the applicable stock exchanges.

 

3.Representations of the Company. The
Company represents and warrants to the Purchaser that:

 

A.The Company is duly incorporated under the laws of the
State of Nevada and is in good standing in accordance with all applicable federal and state laws;

 

B.The execution, delivery and performance of this Agreement
by the Company and the performance of its obligations hereunder do not and will not constitute a breach or violation of any of
the terms and provisions of, or constitute a default under or conflict with or violate any provisions of (i) the Company’s
Articles of Incorporation or By-laws, (ii) any indenture, mortgage, deed of trust, agreement or any instrument to which the Company
is a party or by which it or any of its property is bound, (iii) any applicable statute or regulation, or (iv) any judgment, decree
or order of any court or government body having jurisdiction over the Company or any of its property;

 

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C.The execution, delivery and performance of this Agreement
and the consummation of the issuance of the Securities and the transactions contemplated by this Agreement are within the Company’s
corporate powers and have been duly authorized by all necessary corporate and stockholder action on behalf of the Company;

 

D.There is no action, suit or proceeding before or by any
court or governmental agency or body, domestic or foreign, now pending or, to the knowledge of the Company, threatened against
or affecting the Company or any of its properties, which might result in any material adverse change in the condition (financial
or otherwise) or in the earnings, business affairs or business prospects of the Company, or which might materially or adversely
affect the properties or assets thereof;

 

E.The Company is not in default in the performance or observance
of any material obligation agreement, covenant or condition contained in any material indenture, mortgage, deed of trust or other
material instrument or agreement to which it is a party or by which it or its property may be bound; and neither the execution,
nor the delivery by the Company, nor the performance by the Company of its obligations under this Agreement will conflict with
or result in the breach or violation of any of the terms or provisions of, or constitute a default or result in the creation or
imposition of a lien or charge on any assets or properties of the Company under any material deed of trust or other material agreement
or instrument to which the Company is party or by which it is bound or any statute or the Articles of Incorporation or By-laws
of the Company, or any decree, judgment, order, ruling or regulation of any court or government agency or body having jurisdiction
over the Company or its properties;

 

F.There is no fact known to the Company (other than general
economic conditions known to the public generally) that has not been disclosed in writing to the Purchaser that (i) could reasonably
be expected to have a material adverse effect on the condition (financial or otherwise) or on the earnings, business affairs, business
prospects, properties or assets of the Company, or (ii) could reasonably be expected to materially and adversely affect the ability
of the Company to perform its obligations pursuant to this Agreement.

 

4.Non-Binding Until Accepted. The Purchaser
understands that this subscription is not binding upon the Company until the Company accepts it, which acceptance is at the sole
discretion of the Company and its Board of Directors and is to be evidenced by the Company’s execution of this Agreement
where indicated. The Funds advanced by the Purchaser cannot be used by the Company until the Company has accepted the subscription
and has executed this Agreement.

 

5.Non-Assignability. Neither this Agreement
nor any of the rights of the Purchaser hereunder may be transferred or assigned by the Purchaser. Moreover, the Company shall refuse
to register any transfer of the common stock not made in accordance with the provisions of Regulation S, pursuant to registration
under the Act, or pursuant to an available exemption from registration.

 

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6.Modification/Entire Agreement. This Agreement:
(i) may only be modified by a written amendment executed by the Purchaser and the Company: (ii) sets forth the entire agreement
and understanding between the Purchaser and the Company with respect to the subject matter hereof; and (iii) shall inure to the
heirs, legal representatives, successors and permitted assigns or each party hereto.

 

7.Governing Law. This Agreement will be construed
and enforced in accordance with and governed by the laws of the State of Nevada.

 

8.Notices. All Notices or other communication
hereunder shall be in writing and shall be deemed to have been duly given if delivered personally (including courier service) or
mailed by certified or registered mail, return receipt requested, postage prepaid.

 

9.Time.For
the purposes of this Agreement, time is of the essence.

 

10.Delivery.
The parties hereto shall execute and deliver all such further documents and instruments and do all such acts and things as may,
either before or after the execution of this Agreement, be reasonably required to carry out the full intent and meaning of this
Agreement.

 

11.Minor Omissions.
The Purchaser hereby authorizes the Company to correct any minor errors in, or complete any minor information missing from, any
document which has been executed by the Purchaser and delivered to the Company with respect to this subscription.

 

12.Counterpart
Execution. This Agreement may be signed by the parties in counterpart and by fax.

 

IN WITNESS WHEREOF the parties have executed this written
Agreement effective as of the Effective Date.

 

 

FOCUS GOLD CORPORATION

 

 

 

By: /s/ Richard O. Weed                    

Name: Richard O. Weed

Title: Secretary

 

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SCHEDULE “A”

 

TO BE COMPLETED BY THE PURCHASER:

 

A.Subscription Amount.

 

	Subscription:	
        5,000,000 shares of common stock AND

        5 Year Common Stock Purchase Warrant for 5,000,000 shares
        of common stock at $.02 per share.

	 	 
	Subscription Funds:	US$ 50,000

 

		B.	Name and Address. The name and address (to establish the Purchaser's jurisdiction of residence for the purpose of determining
the applicable Securities Rules) of the Purchaser is as follows:

 

Gordon F. Lee

 

		C.	Registration Instructions. The name and address of the person in whose name the Purchaser's securities are to be registered
is as follows (if the name and address is the same as was inserted in paragraph B above, then insert "see B above"):

 

Name: ____________________________________________________________________

 

SSN or EIN: _______________________________________________________________

 

Address: __________________________________________________________________

 

Address: __________________________________________________________________

 

City, State, Zip: ____________________________________________________________

 

Telephone: ________________________________________________________________

 

D.Delivery Instructions. The name and address of
the person to whom the certificates representing the Purchaser's securities referred to in paragraph B above are to be delivered
is as follows (if the name and address is the same as was inserted in paragraph B or C above, then insert "see B above"
or "see C above", as the case may be):

  

Hold certificate at Weed & Co. LLP, 4695 MacArthur
Court, STE 1430, Newport Beach, CA 92660 - FBO Gordon F. Lee.

 

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E.The Purchaser further acknowledges and agrees that:

 

		(a)	purchasing, holding and disposing of the Securities may have tax consequences under the laws of both
the Purchaser’s country the United States, the Purchaser is solely responsible for determining the tax consequences applicable
to their particular circumstances and Purchaser should consult their tax advisors concerning investment in the securities; and

 

		(b)	the Securities (and any underlying securities which those securities are convertible into) are "restricted
securities" within the meaning of the U.S. Securities Act (and applicable state securities laws) and may not be sold or transferred
unless they are subsequently registered under the U.S. Securities Act or any exemption from such registration is available and
the certificates representing the securities will bear a legend to reflect these restrictions.

 

TO BE COMPLETED AND SIGNED BY THE PURCHASER:

 

By: /s/ Gordon F. Lee

 

 

    	710.32Common Stock Purchase Warrant

 

NEITHER THIS SECURITY NOR THE SECURITIES INTO WHICH THIS SECURITY
IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE
UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY,
MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE
EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF
WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY.

 

FOCUS GOLD CORPORATION 

A NEVADA CORPORATION (THE “COMPANY”)

COMMON STOCK PURCHASE WARRANT CERTIFICATE

 

No. 2013 – Apr 5(1)

Number of Class B Warrants – 5,000,000

Issue Date: April 5, 2013

Expiration Date: April 4, 2018

Exercise Price Per Share: $.02

 

THIS COMMON
STOCK PURCHASE WARRANT CERTIFICATE CERTIFIES that, for value received, GORDON F. LEE  (the
“Holder”), is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set
forth, at any time on or after issuance (the “Initial Exercise Date”) and on or prior to the close of business on the
fifth anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase
from the Company, one fully paid and non-assessable share of common stock, $0.00001 par value (the “Common Stock”)
per Warrant (hereinafter defined as “Warrant” and the “Warrant Shares” underlying such Warrant). The purchase
price of one share of Common Stock (the “Exercise Price”) under this Warrant shall be Two Cents ($0.02). The purchase
right represented by this Warrant expires five years after issuance.

 

1. Title to Warrant. This Warrant is transferable.
The Company should be notified about any transfer of the Warrant.

 

2. Authorization of Shares. The Company covenants
that all Warrant Shares which may be issued upon the exercise of the purchase rights represented by this Warrant will, upon exercise
of the purchase rights represented by this Warrant, be duly authorized, validly issued, fully paid and non-assessable and free
from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously
with such issue).

 

3. Exercise of Warrant.

 

(a) The exercise of the purchase rights represented
by this Warrant may be made upon five (5) days notice by the Holder to the Company following the Initial Exercise Date and on or
before the Termination Date by the surrender of this Warrant and the Notice of Exercise Form annexed hereto duly executed, at the
office of the Company (or such other office or agency of the Company as it may designate by notice in writing to the registered
Holder at the address of such Holder appearing on the books of the Company) and upon payment of the Exercise Price of the shares
thereby purchased by wire transfer or cashier's check drawn on a United States bank. Certificates for shares purchased hereunder
shall be delivered to the Holder within five (5) Trading Days after the date on which this Warrant shall have been exercised.

 

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(b) Holders of Warrants may elect to exercise Warrants
by means of common "cashless exercise" provision based upon the 5 day VWAP prior to exercise. Holders of Warrants electing
cashless exercise will receive that number of shares equal to (the 5 day VWAP minus the Exercise Price) divided by the 5 day VWAP
multiplied by the number of warrants held.

 

(c)If this Warrant shall have been exercised in part,
the Company shall, at the time of delivery of the certificate or certificates representing Warrant Shares, deliver to the Holder
a new Warrant evidencing the rights of the Holder to purchase the unpurchased Warrant Shares called for by this Warrant, which
new Warrant shall in all other respects be identical with this Warrant.

 

4. No Fractional Shares or Scrip. No fractional
shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant.

 

5. Charges, Taxes and Expenses. Issuance of certificates
for Warrant Shares shall be made without charge to the Holder for any issue or transfer tax or other incidental expense in respect
of the issuance of such certificate, all of which taxes and expenses shall be paid by the Company.

 

6. Closing of Books. The Company will not close
its stockholder books or records in any manner which prevents the timely exercise of this Warrant, pursuant to the terms hereof.

 

7. No Rights as Shareholder until Exercise. This
Warrant does not entitle the Holder to any voting rights or other rights as a shareholder of the Company prior to the exercise
hereof.

 

8. Loss, Theft, Destruction or Mutilation of Warrant.
The Company covenants that upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction
or mutilation of this Warrant or any stock certificate relating to the Warrant Shares, and in case of loss, theft or destruction,
of indemnity or security reasonably satisfactory to it (which, in the case of the Warrant, shall not include the posting of any
bond), and upon surrender and cancellation of such Warrant or stock certificate, if mutilated, the Company will make and deliver
a new Warrant or stock certificate of like tenor and dated as of such cancellation, in lieu of such Warrant or stock certificate.

 

9. Saturdays, Sundays, Holidays, etc. If the
last or appointed day for the taking of any action or the expiration of any right required or granted herein shall be a Saturday,
Sunday or a legal holiday, then such action may be taken or such right may be exercised on the next succeeding day not a Saturday,
Sunday or legal holiday.

 

10. Voluntary Adjustment by the Company. The
Company may at any time during the term of this Warrant reduce the Exercise Price to any amount for any period of time deemed appropriate
by the Board of Directors of the Company.

 

11. Notice of Adjustment. Whenever the Exercise
Price is adjusted, the Company shall give notice thereof to the Holder.

 

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12. Miscellaneous.

 

(a) Jurisdiction. This Warrant shall constitute
a contract under the laws of Nevada, without regard to its conflict of law, principles or rules.

 

(b) Restrictions. The Holder acknowledges that
the Warrant Shares acquired upon the exercise of this Warrant, if not registered, will have restrictions upon resale imposed by
state and federal securities laws.

 

(c) Nonwaiver and Expenses. No course of dealing
or any delay or failure to exercise any right hereunder on the part of the Holder shall operate as a waiver of such right or otherwise
prejudice the Holder's rights, powers or remedies, notwithstanding all rights hereunder terminate on the Termination Date. If the
Company willfully and knowingly fails to comply with any provision of this Warrant, which results in any material damages to the
Holder, the Company shall pay to the Holder such amounts as shall be sufficient to cover any costs and expenses including, but
not limited to, reasonable attorneys' fees, including those of appellate proceedings, incurred by the Holder in collecting any
amounts due pursuant hereto or in otherwise enforcing any of its rights, powers or remedies hereunder.

 

(d) Notices. Any notice, request or other document
required or permitted to be given or delivered to the Holder by the Company shall be delivered by first class mail or overnight
delivery to the Holder’s address of record.

 

(e) Limitation of Liability. No provision hereof,
in the absence of any affirmative action by the Holder to exercise this Warrant or purchase Warrant Shares, and no enumeration
herein of the rights or privileges of Holder, shall give rise to any liability of the Holder for the purchase price of any Common
Stock or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

 

(f) Remedies. The Holder, in addition to being
entitled to exercise all rights granted by law, including recovery of damages, will be entitled to specific performance of its
rights under this Warrant. The Company agrees that monetary damages would not be adequate compensation for any loss incurred by
reason of a breach by it of the provisions of this Warrant and hereby agrees to waive the defense in any action for specific performance
that a remedy at law would be adequate.

 

(g) Successors and Assigns. Subject to applicable
securities laws, this Warrant and the rights and obligations evidenced hereby shall inure to the benefit of and be binding upon
the successors of the Company and the successors of the Holder. The provisions of this Warrant are intended to be for the benefit
of all Holders from time to time of this Warrant and shall be enforceable by any such Holder or Holder of Warrant Shares.

 

(h) Amendment. This Warrant may be modified or
amended or the provisions hereof waived with the written consent of the Company and the Holder.

 

(i) Severability. Wherever possible, each provision
of this Warrant shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of
this Warrant shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such
prohibition or invalidity, without invalidating the remainder of such provisions or the remaining provisions of this Warrant.

 

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(j) Headings. The headings used in this Warrant
are for the convenience of reference only and shall not, for any purpose, be deemed a part of this Warrant.

  

IN WITNESS WHEREOF, the Company has caused
this Warrant to be executed by its officer thereunto duly authorized.

 

Dated: April 5, 2013

 

FOCUS GOLD CORPORATION

 

 

/s/ Richard O. Weed                        

Name: Richard O. Weed

Title: Corporate Secretary

 

 

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NOTICE OF EXERCISE

 

To: The Company

 

(1) The undersigned hereby elects to purchase
________ Warrant Shares of the Company pursuant to the terms of the attached Warrant (only if exercised in full), and tenders herewith
payment of the exercise price in full, together with all applicable transfer taxes, if any.

 

(2) Payment shall take the form of in lawful
money of the United States.

 

(3) Please issue a certificate or certificates
representing said Warrant Shares in the name of the undersigned or in such other name as is specified below:

 

The Warrant Shares shall be delivered to
the following:

 

PURCHASER

By: ______________________________

Name: ____________________________

Title: _____________________________

Dated: __________________________

Address & Telephone

__________________________

__________________________

__________________________

__________________________

__________________________

__________________________

 

 

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