Document:

EXHIBIT 10.23

                             CAN-CAL RESOURCES, LTD.

                              MAY DAVIS GROUP, INC.

                                ESCROW AGREEMENT

                                      WITH

                            FIRST UNION NATIONAL BANK

     This Agreement is made and entered into as of October __, 2001 by and among
CAN-CAL RESOURCES, LTD. (the "Company"), a Nevada corporation,  MAY DAVIS GROUP,
INC. (the "Placement Agent"), a Maryland  corporation,  and FIRST UNION NATIONAL
BANK, a national  banking  association with a principal New York corporate trust
office at First Union National Bank, Corporate Trust Group, 21 South Street, 3rd
Floor, Morristown, New Jersey 07960 (the "Escrow Agent").

     WHEREAS,  the  Company  proposes  to offer  for sale to  several  investors
through the Placement Agent up to $8,000,000 of the Common Stock of the Company.
The Common Stock is being offered  through the Placement  Agent  pursuant to the
terms of an Investment Agreement (the "Investment Agreement") being entered into
between the Company and one or more investors.

     WHEREAS,  all such investments  will be made in reliance upon  registration
under the Securities Act of 1933, as may be amended.

     WHEREAS,  the offering of Common Stock under the Investment  Agreement will
terminate at the close of business  thirty-six  (36)  calendar  months after the
date the registration  statement covering the Common Stock is declared effective
(the "Termination Date").

     WHEREAS,  with  respect to all  investment  payments  for the Common  Stock
received  from  investors,  the Company  proposes to  establish a single  escrow
account with the Escrow Agent at the office of its Corporate  Trust  Department,
Corporate Trust Group, 21 South Street, 3rd Floor, Morristown, New Jersey 07960.

     WHEREAS,  the Company and the Placement Agent desire to establish an escrow
account  ("Escrow Fund Account") in which those funds received from investors of
the Common Stock (the  "Subscribers")  will be deposited  pending receipt of the
number of shares of Common  Stock being  purchased.  The Escrow  Agent agrees to
serve as escrow  agent in  accordance  with the terms and  conditions  set forth
herein.

NOW THEREFORE, the parties hereto agree as follows:

     1. The Escrow Agent shall hold the Escrow Fund Account subject to the terms
of this  Escrow  Agreement  and shall act in  accordance  with the  instructions
contained in this Escrow Agreement.

     2. Upon the written  instructions  of the Placement  Agent and the Company,
the Escrow  Agent  shall  deliver  all or a part of the funds in the Escrow Fund
Account and any Common Stock it may receive as Escrow  Agent,  at such times and
in such manner as shall be set forth in such written instructions.

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     3. Unless  otherwise  instructed by the Placement  Agent, any cash balances
held under  this  Escrow  Agreement  shall be  invested  in the  Evergreen  Cash
Management  Treasury  Money Market Fund # 765. All income earned from the Escrow
Fund Account  shall be retained by the Escrow Agent and  disbursed for any fees,
expenses or other amounts due to the Escrow Agent.

     4. This Escrow Agreement shall terminate upon the final distribution of all
amounts in the Escrow Account and any income earned thereon,  unless  terminated
sooner by the written instructions of the Company and Placement Agent.

     5. (a) The Escrow  Agent  shall not in any way be bound or  affected by any
notice of  modification  or  cancellation  of this  Escrow  Agreement  unless in
writing  signed by the Company  and the  Placement  Agent,  nor shall the Escrow
Agent be bound by any modification  hereof unless the same shall be satisfactory
to  it.  The  Escrow   Agent   shall  be  entitled  to  rely  upon  any  notice,
certification,  demand or other writing delivered to it hereunder by the Company
and/or the Placement Agent without being required to determine the  authenticity
or the correctness of any facts stated therein, the propriety or validity of the
service thereof, or the jurisdiction of the court issuing any judgment.

        (b) The Escrow Agent may act in reliance upon any signature  believed by
it to be genuine,  and may assume that any person  purporting to give any notice
or receipt,  or make any statements in connection with the provisions hereof has
been duly authorized to do so.

        (c) The Escrow Agent may act relative  hereto in reliance upon advice of
counsel in reference to any matter connected  herewith,  and shall not be liable
for any mistake of fact or error or  judgment,  or for any acts or  omissions of
any kind, unless caused by its willful misconduct or gross negligence.

        (d) The  Escrow  Agent may  resign  and be  discharged  of its duties as
Escrow Agent hereunder by giving ten (10) days written notice to the Company and
the Placement Agent.  Such resignation shall take effect ten (10) days after the
giving of such notice,  or upon receipt by the Escrow Agent of an  instrument of
acceptance  executed by a successor escrow agent and upon delivery by the Escrow
Agent to such successor of all of the escrowed documents and funds or securities
then held by it. If no  successor  escrow agent is appointed in writing ten (10)
days after giving such notice,  the Escrow Agent shall  deliver all funds in the
Escrow Account to the Company.

        (e) The  Company and the  Placement  Agent  hereby  agree to jointly and
severally, indemnify and hold the Escrow Agent harmless from any loss, liability
or  expense,  arising out of or related to this  Escrow  Agreement,  and for all
costs and  expenses,  including  the fees and  expenses of counsel,  incurred in
connection  with this Escrow  Agreement.  The provisions of this paragraph shall
survive the termination of this Agreement.

        (f) The duties and  obligations  of the Escrow Agent shall be determined
solely by the express  provisions  of this  Agreement and the Escrow Agent shall
not be liable except for the  performance of such duties and  obligations as are
specifically set forth in this Escrow Agreement.  The Escrow Agent shall have no
liability or duty to inquire into the terms and  conditions  of any agreement to
which it is not a party.

        (g) If a controversy  arises between one or more of the parties  hereto,
or between any of the parties  hereto and any person not a party  hereto,  as to
whether or not or to whom the Agent  shall  deliver  the  Escrow  Account or any
portion  thereof or as to any other  matter  arising  out of or relating to this
Agreement or the Escrow Account deposited hereunder,  the Escrow Agent shall not
be required to determine same and need not make any delivery of the funds in the
Escrow Account or any portion thereof but may

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retain  such funds  until the rights of the  parties to the  dispute  shall have
finally  been  determined  by  agreement or by final order of court of competent
jurisdiction, provided, however, that the time of appeal of any such final order
has expired  without an appeal having been made.  The Escrow Agent shall deliver
the Escrow Account or any portion  thereof within 15 days after the Escrow Agent
has received written notice of any such agreement or final order (accompanied by
an affidavit that the time for appeal has expired  without an appeal having been
made). The Escrow Agent shall be entitled to assume that no such controversy has
arisen  unless it has  received a written  notice  that such a  controversy  has
arisen which refers  specifically  to this  Agreement and identifies by name and
address the adverse  claimants to the controversy.  If a controversy of the type
referred  to in this  paragraph  arises,  the  Escrow  Agent  may,  in its  sole
discretion  but shall not be  obligated  to,  commence  interpleader  or similar
actions or proceedings for determination of the controversy.

        (h) The Escrow  Agent shall not be required to  institute  or defend any
action  (including  interpleader) or legal process involving any matter referred
to herein which in any manner affects it or its duties or liabilities hereunder.
In the event the Escrow Agent shall institute or defend any such action or legal
process,  it shall do so only upon  receiving full indemnity in an amount and of
such  character  as it shall  require,  against any and all claims  liabilities,
judgments, attorney's fees and other expenses of every kind in relation thereto,
except in the case of its own willful misconduct or gross negligence.

        (i) In the event  that the Escrow  Agent  receives  or becomes  aware of
conflicting demands or claims with respect to any funds, securities, property or
documents deposited or delivered in connection herewith, or the parties disagree
about the interpretation of this Agreement, or about the rights and obligations,
or the propriety,  of any action contemplated by the Escrow Agent hereunder,  or
if the Escrow Agent  otherwise  has any doubts as to the proper  disposition  of
funds or the  execution of any of its duties  hereunder,  the Escrow Agent shall
have the right to  discontinue  any or all  further  acts on its part until such
conflict,  disagreement or doubt is resolved to its  satisfaction.  In addition,
the Escrow Agent may, in its sole discretion,  file an action in interpleader in
any court of competent  jurisdiction to resolve the dispute or uncertainty.  The
Placement Agent and the Company agree,  jointly and severally,  to indemnify the
Escrow  Agent  and  hold it  harmless  from and  against  all  costs,  including
reasonable  attorney's fees and expenses  incurred by it in connection with such
action.  In the event that the Escrow Agent files an action in interpleader,  it
shall thereupon be fully released and discharged from all further obligations to
perform any and all duties or  obligations  imposed  upon it by this  Agreement,
other than  safekeeping  of the assets in the Escrow  Account,  if not paid into
Court.

     6. Any notice,  direction,  request,  instruction,  legal process, or other
instrument  to be given or served  hereunder by any party to another shall be in
writing, shall be delivered personally or sent by certified mail, return receipt
requested,  to the respective party or parties at the following  addresses,  and
shall be deemed to have been given when received.

        IF TO THE COMPANY,

        CAN-CAL Resources, Ltd.
        8221 Cretan Blue Lane
        Las Vegas, NV 89128
        Attention: Ronald D. Sloan, President
        Telephone:  702-240-6565
        Facsimile:   702-243-1869

        Tax ID# 88-0336988

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        WITH A COPY TO,

        The Law Office of Stephen E. Rounds
        4635 East Eighteenth Avenue
        Denver, Colorado USA 80220
        Attention:  Stephen E. Rounds, Esq.
        Telephone:  303-377-6997
        Facsimile:  303-377-0231

        IF TO THE PLACEMENT AGENT,

        Hunter Singer
        May Davis Group, Inc.

        Tel.:
        Fax:

        Tax ID#

        WITH A COPY TO,

        Joseph B. LaRocco, Esq.
        49 Locust Avenue, Suite 107
        New Canaan, CT 06840
        Tel.:  203-966-0566
        Fax:  203-966-0363

        IF TO THE ESCROW AGENT:

        First Union National Bank
        Corporate Trust Group
        21 South Street, 3rd Floor
        Morristown, New Jersey 07960
        Tel: (973) 898-7163
        Fax: (973) 682-4531

        Any party may change its or his address by written notice to each of the
other parties.

     7. The Escrow Agent's fee for acting under this Escrow  Agreement  shall be
set forth in Schedule A attached  hereto.  The Escrow Agent's fees and expenses,
including counsel fees, shall be paid by the Company. The Escrow Agent is hereby
given a first  priority  lien on the  Escrow  Fund  to  protect,  indemnify  and
reimburse itself for all fees,  costs,  expenses and liabilities  arising out of
this Escrow Agreement and the performance of its duties hereunder.

     8. This Escrow  Agreement  shall be binding upon the parties hereto and the
Escrow  Agent,  and  their  respective  successors,  legal  representatives  and
assigns.

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CAN-CAL RESOURCES, LTD.                MAY DAVIS GROUP, INC.

By: __________________________         By: _____________________________________

                                       FIRST UNION NATIONAL BANK

                                       ESCROW AGENT

Date: ________________________         By: _____________________________________

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                            FIRST UNION NATIONAL BANK

                                   SCHEDULE A

I.       INITIAL SET-UP FEE                                   $  500

II.      ADMINISTRATION FEE                                   $1,500
         -up to 10 Subscribers/Holders,
         thereafter, $50.00 per Subscriber/Holder

III.     PER CLOSING FEE                                      $
         -for each closing after the first  closing-,
         $ 500 per closing.

The  above-mentioned  fees are basic  charges and do not  include  out-of-pocket
expenses,  which will be billed in addition to the regular  charges as required.
Out-of-pocket  expenses shall include,  but are not limited to: telephone tolls,
stationery and postage expenses.

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FIRST UNION NATIONAL BANK
CORPORATE TRUST GROUP
21 SOUTH STREET, 3RD FLOOR
MORRISTOWN, NEW JERSEY 07960
(973) 898-7163 TELEPHONE
(973) 682-4531 FACSIMILE

     Wiring Instructions                      US Mail/Overnight Courier
     -------------------------------------------------------------------
     FIRST UNION NATIONAL BANK                FIRST UNION NATIONAL BANK
     Charlotte NC                             Corporate Trust Department
     ABA# 053 000 219                         21 South Street, 3rd Floor
     Credit a/c                               Morristown, New Jersey 07960
     FFC:
     Attn:

                                       143

<PAGE>EXHIBIT 10.24

                     NATIONAL FINANCIAL COMMUNICATIONS CORP.
                              CONSULTING AGREEMENT

     AGREEMENT made as of the 15th day of September, 2001 by and between Can-Cal
Resources Ltd.,  maintaining its principal offices at 8221 Cretan Blue Lane, Las
Vegas,  NV 89128  (hereinafter  referred to as "Client") and National  Financial
Communications Corp. DBA/ OTC Financial Network, a Commonwealth of Massachusetts
corporation  maintaining  its  principal  offices at 300 Chestnut St, Suite 200,
Needham, MA 02492 (hereinafter referred to as the "Company").

                              W I T N E S S E T H :

     WHEREAS,  Company is engaged in the  business of  providing  and  rendering
public relations and  communications  services and has knowledge,  expertise and
personnel to render the requisite services to Client; and

     WHEREAS,  Client is  desirous  of  retaining  Company  for the  purpose  of
obtaining  public  relations  and  corporate  communications  services  so as to
better,   more  fully  and  more  effectively  deal  and  communicate  with  its
shareholders and the investment banking community.

     NOW,  THEREFORE,  in  consideration  of the  premises  and  of  the  mutual
covenants and agreements contained herein, it is agreed as follows:

     I.  Engagement  of Company.  Client  herewith  engages  Company and Company
agrees to  render  to Client  public  relations,  communications,  advisory  and
consulting services.

     A. The consulting services to be provided by the Company shall include, but
are not  limited  to, the  development,  implementation  and  maintenance  of an
ongoing  program to increase the  investment  community's  awareness of Client's
activities  and to  stimulate  the  investment  community's  interest in Client.
Client  acknowledges  that  Company's  ability to relate  information  regarding
Client's activities is directly related to the information provided by Client to
the Company.

     B. Client  acknowledges that Company will devote such time as is reasonably
necessary to perform the services  for Client,  having due regard for  Company's
commitments and obligations to other businesses for which it performs consulting
services.

     II. Compensation and Expense Reimbursement.

     A. Client will pay the Company,  as compensation for the services  provided
for in this Agreement and as reimbursement  for expenses  incurred by Company on
Client's behalf, in the manner set forth in Schedule A annexed to this Agreement
which Schedule is incorporated herein by reference.

     B. In addition to the compensation and expense reimbursement referred to in
Section  2(A)  above,  Company  shall  be  entitled  to  receive  from  Client a
"Transaction  Fee", as a result of any Transaction (as described  below) between
Client and any other company,  entity,  person,  group or persons or other party
which is introduced to, or put in contact with,  Client by Company,  or by which
Client has been  introduced  to, or has been put in contact with, by Company.  A
"Transaction" shall mean merger, sale of stock, sale of

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assets,  consolidation or other similar  transaction or series or combination of
transactions  whereby Client or such other party transfer to the other,  or both
transfer to a third  entity or person,  stock,  assets,  or any  interestin  its
business in  exchange  for stock,  assets,  securities,  cash or other  valuable
property or rights,  or wherein they make a contribution  of capital or services
to a joint venture,  commonly owned enterprise or business  opportunity with the
other for purposes of future  business  operations  and  opportunities.  To be a
Transaction covered by this section,  the transaction must occur during the term
of this  Agreement  or the one year  period  following  the  expiration  of this
Agreement.

The  calculation of a Transaction Fee shall be based upon the total value of the
consideration,  securities,  property,  business,  assets or other value  given,
paid, transferred or contributed by, or to, the Client and shall equal 5% of the
dollar value of the  Transaction.  Such fee shall be paid by certified  funds at
the closing of the Transaction.

     Term and  Termination.  This  Agreement  shall be for a period  of one year
commencing September 15, 2001 and terminating  September 14, 2002. If the Client
does not cancel the contract during the term, the contract will be automatically
extended  for an  additional  three  months.  Either party hereto shall have the
right to terminate this Agreement upon 10 days prior written notice to the other
party after the first 90 days.

     Treatment of Confidential Information.  Company shall not disclose, without
the consent of Client,  any financial and business  information  concerning  the
business, affairs, plans and programs of Client which are delivered by Client to
Company  in  connection  with  Company's  services   hereunder,   provided  such
information  is  plainly  and  prominently  marked in writing by Client as being
confidential (the "Confidential Information").  The Company will not be bound by
the  foregoing  limitation  in the event  (i) the  Confidential  Information  is
otherwise  disseminated  and becomes  public  information or (ii) the Company is
required to disclose the  Confidential  Informational  pursuant to a subpoena or
other judicial order.

     Representation  by  Company  of  other  clients.  Client  acknowledges  and
consents to Company rendering public relations, consulting and/or communications
services to other clients of the Company engaged in the same or similar business
as that of Client.

     Indemnification  by Client as to  Information  Provided to Company.  Client
acknowledges that Company, in the performance of its duties, will be required to
rely  upon the  accuracy  and  completeness  of  information  supplied  to it by
Client's  officers,   directors,  agents  and/or  employees.  Client  agrees  to
indemnify,  hold  harmless  and defend  Company,  its  officers,  agents  and/or
employees  from any  proceeding  or suit  which  arises  out of or is due to the
inaccuracy or incompleteness  of any material or information  supplied by Client
to Company.

     Independent Contractor. It is expressly agreed that Company is acting as an
independent contractor in performing its services hereunder.  Client shall carry
no workers compensation insurance or any health or accident insurance on Company
or  consultant's  employees.  Client shall not pay any  contributions  to social
security, unemployment insurance, Federal or state withholding taxes nor provide
any  other   contributions   or  benefits   which  might  be   customary  in  an
employer-employee relationship.

     Non-Assignment.  This  Agreement  shall not be  assigned  by  either  party
without the written consent of the other party.

     Notices.  Any  notice  to be given by either  party to the other  hereunder
shall be  sufficient  if in writing and sent by  registered  or certified  mail,
return receipt requested, addressed to such party at the address

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specified on the first page of this  Agreement  or such other  address as either
party may have given to the other in writing.

     Entire  Agreement.  The within agreement  contains the entire agreement and
understanding  between  the  parties  and  supersedes  all  prior  negotiations,
agreements and discussions concerning the subject matter hereof.

     Modification  and  Waiver.  This  Agreement  may not be altered or modified
except by writing signed by each of the respective  parties hereof. No breach or
violation of this  Agreement  shall be waived except in writing  executed by the
party granting such waiver.

Law to Govern; Forum for Disputes.  This Agreement shall be governed by the laws
of the Commonwealth of  Massachusetts  without giving effect to the principle of
conflict of laws.  Each party  acknowledges  to the other that courts within the
City  of  Boston,  Massachusetts  shall  be the  sole  and  exclusive  forum  to
adjudicate any disputes arising under this agreement.

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

           National Financial Communications Corp.

     By:       /s/    Geoffrey Eiten
           ---------------------------------
           Geoffrey Eiten, President

           Can-Cal Resources Ltd.

     By:      /s/   Ron Sloan
           ---------------------------------
           Ron Sloan, Authorized Agent

SCHEDULE A-1    PAYMENT FOR SERVICES AND REIMBURSEMENT OF EXPENSES.

SCHEDULE A-2    GRANT OF OPTIONS TO NATIONAL FINANCIAL COMMUNICATIONS IN
ADVANCE OF SERVICES RENDERED (OPTIONAL)

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SCHEDULE A-1

PAYMENT FOR SERVICES
AND REIMBURSEMENT OF EXPENSES

     A. For the services to be rendered and performed by Company during the term
of the  Agreement,  Client  shall pay to  Company  the sum of  $5,000  per month
payable in cash  and/or  shares.  Client  will add 20% to all fees for paying in
shares  rather than cash.  If the Client  decides to pay for the entire base fee
with 100% shares vs. cash, the Client must also issue three months worth of base
fees at the signing of this agreement in those shares. The amount of shares will
be  determined by the bid price at the date of this  contract.  The Company will
keep an  accounting  of the sales of stock and deduct  those sales from the base
fee per month owed.  If those sales exceed the monthly  fee,  the excess  amount
will be  credited  to the next  month's  monthly  fee.  If there are not  enough
dollars in shares to cover the $5,000  monthly  fee,  the Client will either pay
additional  shares or cover the  deficit or the Client  will pay the  deficit in
cash for that particular month. Client will initially register 200,000 shares to
cover services and expenses for the term of the contract.

B.  Client  shall  also  reimburse  Company  for all  reasonable  and  necessary
out-of-pocket expenses incurred in the performance of its duties for Client upon
presentation of statements setting forth in reasonable detail the amount of such
expenses.  Company  shall not incur any expense for any single item in excess of
$250 either  verbally or written  except upon the prior  approval of the Client.
Company  agrees that any travel,  entertainment  or other  expense  which it may
incur and  which may be  referable  to more than one of its  clients  (including
Client)  will be  prorated  among the  clients  for whom such  expense  has been
incurred.  Shares will be accepted for payment of expenses in the same manner as
the base fee per month in Paragraph A above.

           National Financial Communications Corp.

     By:       /s/    Geoffrey Eiten
           ---------------------------------
           Geoffrey Eiten, President

           Can-Cal Resources Ltd.

     By:      /s/   Ron Sloan
           ---------------------------------
           Ron Sloan, Authorized Agent

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SCHEDULE A-2 (OPTIONAL)

GRANT OF OPTIONS TO NATIONAL FINANCIAL COMMUNICATIONS CORP.  IN ADVANCE
OF SERVICES RENDERED*

A. Grant of Options and Option Exercise Price. As compensation  for the services
to be  rendered  by  Company  hereunder,  Client  herewith  issues and grants to
Company stock options (the "Options") to purchase an aggregate of 200,000 shares
of Client's  Common Stock at an exercise  price of $1.00 per share.  The Options
are exercisable upon and subject to the terms and conditions  contained  herein.
The Options are exercisable  during the period commencing on the date hereof and
ending three years subsequent to the termination date of this Agreement.

B. Manner of  Exercise.  Exercise  of any of the Options by Company  shall be by
written notice to Client  accompanied  by Company's  certified or bank check for
the purchase  price of the shares being  purchased.  Upon receipt of such notice
and payment, Client shall promptly cause to be issued, without transfer or issue
tax to the option  holder or other person  entitled to exercise the option,  the
number of shares for which the Option has been exercised, registered in the name
of Company. Such shares, when issued, shall be fully paid and non-assessable.

C. Option Shares. Company acknowledges that any shares which it may acquire from
Client pursuant to the exercise of the Options provided for herein will not have
been  registered  pursuant  to the  Securities  Act of  1933,  as  amended  (the
"Securities  Act"),  and  therefore  may not be sold or  transferred  by Company
except in the event that such shares are the subject of a registration statement
or any future sale or transfer is, in the opinion of counsel for Client,  exempt
from such registration provisions. Company acknowledges that any shares which it
may acquire  pursuant to the exercise of the Options will be for its own account
and  for  investment  purposes  only  and  not  with a view  to  the  resale  or
redistribution  of same.  Company further  consents that the following legend be
placed upon all  certificates  for shares of Common Stock which may be issued to
Company upon the exercise of the Options:

     "THE SHARES  REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
     THE  SECURITIES  ACT OF 1933, AS AMENDED (THE "ACT") AND MAY NOT BE SOLD OR
     OTHERWISE TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT
     UNDER THE ACT OR AN OPINION OF COUNSEL SATISFACTORY TO THE CORPORATION THAT
     SUCH REGISTRATION IS NOT REQUIRED."

Company further consents that no stop transfer instructions being placed against
all certificates may not be issued to it upon the exercise of the Options.

     (i) If the Client executes a Registration  during the term of the contract,
then the Company's  shares will be added to this  Registration at no cost to the
Company.  The Client  shall  bear all costs and  expenses  attributable  to such
registration,   excluding  fees  and  expenses  of  Company's  counsel  and  any
underwriting or selling  commission.  Client shall maintain the effectiveness of
such registration throughout the term of this Agreement and for a 120 day period
thereafter.

     (ii) Notwithstanding the foregoing, if the Shares issuable upon exercise of
the Options are not otherwise registered under the Securities Act and the Client
shall at any time after the date hereof propose to file a registration statement
under the Securities Act, which  registration  statement shall include shares of
Common  Stock of Client or any selling  shareholder,  Client  shall give written
notice to Company  of such  proposed  registration  and will  permit  Company to
include in such registration all Shares which it has

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acquired  as of the date of such  notice.  The  Client  shall bear all costs and
expenses  attributable  to such  registration,  excluding  fees and  expenses of
Company's counsel and any underwriting or selling commission.

D.   Adjustments in Option Shares.

     (i) In the event that Client shall at any time  sub-divide its  outstanding
shares of Common  Stock  into a greater  number of shares,  the Option  purchase
price in effect prior to such sub-division shall be proportionately  reduced and
the  number  of  shares of Common  Stock  purchasable  shall be  proportionately
increased.  In case the  outstanding  shares of Common  Stock of Client shall be
combined into a smaller  number of shares,  the Option  purchase price in effect
immediately prior to such combination shall be proportionately increased and the
number of shares of Common Stock purchasable shall be proportionately reduced.

     (ii) In case of any  reclassification  or change of  outstanding  shares of
Common Stock  issuable  upon  exercise of this Option  (other than change in par
value,  or from par value to no par value, or from no par value to par value, or
as a result or a subdivision or combination), or in case of any consolidation or
merger of the Client with or into  another  corporation  (other than a merger in
which the Client is the continuing  corporation and which does not result in any
reclassification  or change of outstanding  shares of Common Stock, other than a
change in number of the shares  issuable upon exercise of the Option) or in case
of any sale or conveyance to another  corporation  of the property of the Client
as an entirety or substantially as an entirety,  the Holder of this Option shall
have the right  thereafter  to exercise  this Option into the kind and amount of
shares  of  stock  and  other  securities  and  property  receivable  upon  such
reclassification,  change, consolidation, merger, sale or conveyance by a holder
of the number of shares of Common Stock of the Client for which the Option might
have  been  exercised  immediately  prior  to  such  reclassification,   change,
consolidation,  merger, sale or conveyance. The above provisions shall similarly
apply to successive  reclassifications and changes of shares of Common Stock and
to successive consolidations, mergers, sales or conveyances.

     (iii) The Company  reserves  the right to assign  these  options to a third
party at its own discretion.

           National Financial Communications Corp.

     By:       /s/    Geoffrey Eiten
           ---------------------------------
           Geoffrey Eiten, President

           Can-Cal Resources Ltd.

     By:      /s/   Ron Sloan
           ---------------------------------
           Ron Sloan, Authorized Agent

                                       149

<PAGE>

     *National  Financial  Communications  (NFC)  will  receive  the  options in
     Schedule  A- 2. Fifty  percent  (50%) of any profits  received  through the
     exercising  of options will be credited to the client's  account while this
     contract  is in force.  However,  the amount of options  exercised  will be
     replaced  by the client  with the same  number of  options,  at an exercise
     price  equal  to the  current  market  price  of the  stock  at the time of
     exercise.  If the contract is cancelled by the client,  any credit with the
     client will become an asset of NFC and any  unexercised  options  remaining
     will remain an asset of NFC three years  subsequent to the  termination  of
     this agreement.

                                       150

<PAGE>

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