Document:

Advento, Inc.: Exhibit 10.1 - Filed by newsfilecorp.com

STOCK PURCHASE AGREEMENT

STOCK PURCHASE AGREEMENT, dated as of March 12, 2013 (this
“Agreement”), by and among Advento, Inc., (the “Company”), Liang Wei Wang (the
“Seller”) and Xijian Zhou (the “Purchaser”). Each of the Company, the Seller,
and the Purchaser, are referred to herein as a “Party” and collectively, as the
“Parties”. 

BACKGROUND 

Seller intends to sell and Purchaser intends to purchase
2,500,000 restricted shares of common stock (the “Seller Shares”) of Company.
The Seller Shares represent 82.92% of the issued and outstanding capital stock
of the Company.

NOW, THEREFORE, in consideration of the foregoing and
the mutual promises and covenants herein contained, the Seller and the Purchaser
hereby agree as follows:

	1. 	
      Purchase and Sale.

The Seller shall sell, transfer, convey and deliver unto the
Purchaser the Seller Shares, and the Purchaser shall acquire and purchase from
the Seller the Seller Shares. 

	2. 	
      Purchase Price.

The purchase price (the “Purchase Price”) for the Seller
Shares, in the aggregate, is $306,680, payable at Closing (defined
below). 

	3. 	
      The Closing.

	 	 	 
		(a) 	
      General. The closing of the transactions
      contemplated by this Agreement (the “Closing”) shall take place by
      exchange of documents among the Parties by fax or courier, as appropriate,
      following the satisfaction or waiver of all conditions to the obligations
      of the Parties to consummate the transactions contemplated hereby (other
      than conditions with respect to actions the respective Parties will take
      at the Closing itself) at such date as the Purchaser and the Seller may
      mutually determine (the “Closing Date”).

	 	 	 
		(b) 	
      Deliveries at the Closing. At the Closing: (i) the
      Seller shall deliver to the Purchaser the various certificates,
      instruments, and documents referred to in Section 10(a) below; (ii) the
      Purchaser shall deliver to the Seller the various certificates,
      instruments, and documents referred to in Section 10(b) below; (iii) the
      Purchaser shall deliver the Purchase Price; (iv) an executed agreement
      between the Seller and the Company for the vend out of the Subsidiary(if
      any); and (v) the Seller shall deliver to the Purchaser a certificates
      evidencing the Seller Shares (the “Certificate”), endorsed in blank or
      accompanied by duly executed assignment documents and including a
      Medallion Guarantee or other form of transfer document acceptable to the
      Company’s transfer agent.

	4. 	
      Representations and Warranties of the
    Seller.

The Seller represents and warrants to the Purchaser that the
statements contained in this Section 4, with respect to such Seller, are correct
and complete as of the date of this Agreement and will be correct and complete
as of the Closing Date (as though made then and as though the Closing Date were
substituted for the date of this Agreement throughout this Section 5). 

	 	(a) 	
      The Seller has the power and authority to execute,
      deliver and perform its obligations under this Agreement and to sell,
      assign, transfer and deliver to the Purchaser the Seller Shares as
      contemplated hereby. No permit, consent, approval or authorization of, or
      declaration, filing or registration with any governmental or regulatory
      authority or consent of any third party is required in connection with the
      execution and delivery by Seller of this Agreement and the consummation of
      the transactions contemplated hereby.

	 	 	 
	 	(b) 	
      Neither the execution and delivery of this Agreement, nor
      the consummation of the transactions contemplated hereby or compliance
      with the terms and conditions hereof by the Seller will violate or result
      in a breach of any term or provision of any agreement to which any Seller
      is bound or is a party, or be in conflict with or constitute a default
      under, or cause the acceleration of the maturity of any obligation of the
      Seller under any existing agreement or violate any order, writ,
      injunction, decree, statute, rule or regulation applicable to the Seller
      or any properties or assets of the Seller.

	 	 	 
	 	(c) 	
      This Agreement has been duly and validly executed by the
      Seller, and constitutes the valid and binding obligation of the Seller,
      enforceable against the Seller in accordance with its terms, except as
      enforceability may be limited by bankruptcy, insolvency or other laws
      affecting creditors' rights generally or by limitations, on the
      availability of equitable remedies.

	 	 	 
	 	(d) 	
      The Seller shall indemnify, defend and hold harmless
      Purchaser from and against all liabilities incurred by Purchaser, directly
      or indirectly, including without limitation, all reasonable attorney’s
      fees and court costs, arising out of or in connection with the execution
      of this agreement set forth in this Agreement, except where fraud, intent
      to defraud or default of payment evolves on the part of
  Purchaser.

	 	 	 
	 	(e) 	
      The Seller owns the Seller Shares free and clear of all
      liens, charges, security interests, encumbrances, claims of others,
      options, warrants, purchase rights, contracts, commitments, equities or
      other claims or demands of any kind (collectively, “Liens”), and upon
      delivery of the Seller Shares to the Purchaser, the Purchaser will acquire
      good, valid and marketable title thereto free and clear of all Liens. The
      Seller is not a party to any option, warrant, purchase right, or other
      contract or commitment that could require the Seller to sell, transfer, or
      otherwise dispose of any capital stock of the Company (other than pursuant
      to this Agreement). The Seller is not a party to any voting trust, proxy,
      or other agreement or understanding with
respect to the voting of any capital stock of the Company. 

	5. 	
      Representations and Warranties Concerning the
      Company.

The Company and Seller jointly and severally represent and
warrant to the Purchaser that the statements contained in this Section 5 are
correct and complete as of the date of this Agreement and will be correct and
complete as of the Closing Date (as though made then and as though the Closing
Date were substituted for the date of this Agreement throughout this Section 6).

	 	(a) 	
      SEC Reports. The Company has filed all reports,
      registration statements, definitive proxy statements and other documents
      and all amendments thereto and supplements thereof required to be filed by
      it with the U.S. Securities and Exchange Commission (the “SEC Reports”),
      all of which have complied in all material respects with the applicable
      requirements of the Securities Act, the Exchange Act and the rules and
      regulations promulgated thereunder. As of the respective dates of filing
      in final or definitive form (or, if amended or superseded by a subsequent
      filing, then on the date of such subsequent filing), none of the
      Purchaser’s SEC Reports contained any untrue statement of a material fact
      or omitted to state a material fact required to be stated therein or
      necessary in order to make the statements therein, in light of the
      circumstances in which they were made, not misleading.

	 	 	 	 
	 	(b) 	
      Organization of the Company. The Company is a
      corporation duly organized, validly existing, and in good standing under
      the laws of the State of Nevada. The Company is duly authorized to conduct
      business and is in good standing under the laws in every jurisdiction in
      which the ownership or use of property or the nature of the business
      conducted by it makes such qualification necessary except where the
      failure to be so qualified or in good standing would not have a Material
      Adverse Effect. “Material Adverse Effect” means any material adverse
      effect on the business, operations, assets, financial condition or
      prospects of the Purchaser or its subsidiaries, if any, taken as a whole
      or on the transactions contemplated hereby or by the agreements or
      instruments to be entered into in connection herewith. The Company has
      full corporate power and authority and all licenses, permits, and
      authorizations necessary to carry on its business. The Company has no
      subsidiaries and does not control any entity, directly or indirectly, or
      have any direct or indirect equity participation in any other
    entity.

	 	 	 	 
	 	(c) 	
      Capitalization; No Restrictive
  Agreements.

	 	 	 	 
	 		(i) 	
      The Company’s authorized capital stock, as of the date of
      this Agreement, consists of 75,000,000 shares of Common Stock, $0.001 par
      value per share, of which 3,015,000 shares are issued and
    outstanding.

	 	 	 	 
	 		(ii) 	
      The Company has not reserved any shares of its Common
      Stock for issuance upon the exercise of options, warrants or any other
      securities that are exercisable or exchangeable for,
or convertible into, Common Stock. All of the issued and outstanding shares of
Common Stock are validly issued, fully paid and non-assessable and have been
issued in compliance with applicable laws, including, without limitation,
applicable federal and state securities laws. There are no outstanding options,
warrants or other rights of any kind to acquire any additional shares of capital
stock of the Purchaser or securities exercisable or exchangeable for, or
convertible into, capital stock of the Purchaser, nor is the Company committed
to issue any such option, warrant, right or security. There are no agreements
relating to the voting, purchase or sale of capital stock (i) between or among
the Company and any of its stockholders, (ii) between or among the Seller and
any third party, or (iii) between or among any of the Company’s stockholders.
The Company is not a party to any agreement granting any stockholder of the
Company the right to cause the Company to register shares of the capital stock
of the Purchaser held by such stockholder under the Securities Act. 

	 	(d) 	
      Financial Statements. The Seller has provided the
      Purchaser with audited balance sheets and statements of operations,
      changes in stockholders' deficit and cash flows for the years ended April
      30, 2012 and 2011 and unaudited statements for October 31, 2012
      (collectively, the “Financial Statements”). The Financial Statements have
      been prepared in accordance with United States generally accepted
      accounting principles applied on a consistent basis, fairly present the
      financial condition, results of operations and cash flows of the Company
      as of the respective dates thereof and for the periods referred to therein
      and are consistent with the books and records of the Company. The Company
      does not have any liability (whether known or unknown, whether asserted or
      unasserted, whether absolute or contingent, whether accrued or unaccrued,
      whether liquidated or unliquidated, and whether due or to become due),
      including any liability for taxes, except for liabilities expressly
      specified in the Financial Statements (none of which results from, arises
      out of, relates to, is in the nature of, or was caused by any breach of
      contract, breach of warranty, tort, infringement, or violation of
    law).

	 	 	 
	 	(e) 	
      Absence of Certain Changes. Since October 31,
      2012, there has not been any event or condition of any character which has
      materially adversely affected, or may be expected to materially adversely
      affect, the Company’s business or prospects, including, but not limited to
      any material adverse change in the condition, assets, Liabilities
      (existing or contingent) or business of the Purchaser from that shown in
      the Purchaser Financial Statements.

	 	 	 
	 	(f) 	
      Legal Proceedings. As of the date of this
      Agreement, there is no legal, administrative, investigatory, regulatory or
      similar action, suit, claim or proceeding which is pending or threatened
      against the Purchaser which, if determined adversely to the Purchaser,
      could have, individually or in the aggregate, a Material Adverse
      Effect.

	 	(g) 	
      Legal Compliance. The Company has complied in all
      material respects with all applicable laws (including rules, regulations,
      codes, plans, injunctions, judgments, orders, decrees, rulings, and
      charges thereunder) of all applicable governmental authorities, and no
      action, suit, proceeding, hearing, investigation, charge, complaint,
      claim, demand, or notice has been filed or commenced against the Purchaser
      alleging any failure so to comply. Neither the Company, nor any officer,
      director, employee, consultant or agent of the Company has made, directly
      or indirectly, any payment or promise to pay, or gift or promise to give
      or authorized such a promise or gift, of any money or anything of value,
      directly or indirectly, to any governmental official, customer or supplier
      for the purpose of influencing any official act or decision of such
      official, customer or supplier or inducing him, her or it to use his, her
      or its influence to affect any act or decision of an applicable
      governmental authority or customer, under circumstances which could
      subject the Company or any officers, directors, employees or consultants
      of the Company to administrative or criminal penalties or
  sanctions.

	 	 	 	 
	 	(h) 	
      Tax Matters.

	 	 	 	 
	 		(i) 	
      The Company has filed all state and federal tax returns
      that it was required to file. All such tax returns were correct and
      complete in all material respects. All taxes owed by the Company have been
      paid. The Company is not currently the beneficiary of any extension of
      time within which to file any tax return. No claim has ever been made by
      an authority in a jurisdiction where the Company does not file tax returns
      that it is or may be subject to taxation by that jurisdiction. There are
      no security interests or Liens on any of the assets of the Company that
      arose in connection with any failure (or alleged failure) to pay any
      tax.

	 	 	 	 
	 		(ii) 	
      The Company has withheld and paid all taxes required to
      have been withheld and paid in connection with amounts paid or owing to
      any employee, independent contractor, creditor, stockholder, or other
      third party.

	 	 	 	 
	 		(iii) 	
      The Seller does not expect any authority to assess any
      additional taxes for any period for which tax returns have been filed.
      There is no dispute or claim concerning any Liability with respect to any
      taxes (a “Tax Liability”) of the Company either (A) claimed or raised by
      any authority in writing or (B) as to which the Company and the Seller has
      knowledge based upon personal contact with any agent of such authority. No
      tax returns of the Company have ever been audited or are currently the
      subject of an audit. The Seller has delivered to the Purchaser correct and
      complete copies of all federal and state income and other material tax
      returns, examination reports, and statements of deficiencies assessed
      against or agreed to by the Company since
inception.

	 	(i) 	
      Liabilities of the Company. The Company’s
      liabilities will be paid off at or prior to the Closing and will in no
      event become the liability of the Purchaser or remain the liabilities of
      the Company following the Closing.

	 	 	 
	 	(j) 	
      Disclosure. No representation or warranty by the
      Seller contained in this Agreement, and no statement contained in any
      document, certificate or other instrument delivered or to be delivered by
      or on behalf of the Seller pursuant to this Agreement, contains or will
      contain any untrue statement of a material fact or omit or will omit to
      state any material fact necessary, in light of the circumstances under
      which it was or will be made, in order to make the statements herein or
      therein not misleading.

	6. 	
      Representations and Warranties of the
      Purchaser.

The Purchaser represents and warrants to the Seller as follows:

	 	(a) 	
      The Purchaser has full power and authority to enter into
      this Agreement and to carry out the transactions contemplated hereby. This
      Agreement constitutes a valid and binding obligation of the Purchaser
      enforceable in accordance with its terms, except as (i) the enforceability
      hereof may be limited by bankruptcy, insolvency or similar laws affecting
      the enforceability of creditor's rights generally and (ii) the
      availability of equitable remedies may be limited by equitable principles
      of general applicability.

	 	 	 
	 	(b) 	
      Neither the execution and delivery of this Agreement nor
      the consummation of the transactions contemplated hereby, nor compliance
      by the Purchaser with any of the provisions hereof will: violate, or
      conflict with, or result in a breach of any provision of, or constitute a
      default (or an event which, with notice or lapse of time or both, would
      constitute a default) under, or result in the termination of, or
      accelerate the performance required by, or result in the creation of any
      Lien upon any of the properties or assets of the Purchaser under any of
      the terms, conditions or provisions of any material note, bond, indenture,
      mortgage, deed or trust, license, lease, agreement or other instrument or
      obligation to which he is a party or by which he or any of his properties
      or assets may be bound or affected, except for such violations, conflicts,
      breaches or defaults as do not have, in the aggregate, any material
      adverse effect; or violate any material order, writ, injunction, decree,
      statute, rule or regulation applicable to the Purchaser or any of its
      properties or assets, except for such violations which do not have, in the
      aggregate, any material adverse effect.

	 	 	 
	 	(c) 	
      The Purchaser is acquiring the Seller Shares for its own
      account for investment and not for the account of any other person and not
      with a view to or for distribution, assignment or resale in connection
      with any distribution within the meaning of the Securities Act. The
      Purchaser agrees not to sell or otherwise transfer the Seller Shares
      unless they are registered under the Securities Act and any applicable
      state securities laws, or an exemption or exemptions from such
      registration are available. The Purchaser has knowledge and experience
      in financial and business matters such that it is capable of
  evaluating the merits and risks of acquiring the Seller Shares.

	 	(d) 	
      Restricted Securities.

	 	 	 	 
	 		(i) 	
      Compliance with Laws. The purchase of the Seller
      Shares by Purchaser hereby is not part of a plan or scheme to evade the
      registration provisions of the Securities Act.

	 	 	 	 
	 		(ii) 	
      Outside the United States. The Purchaser is
      outside the United States as of the date of the execution and delivery of
      this Agreement and will be outside the United States at the time of the
      closing of the sale of the Seller Shares; provided, however, that delivery
      of the Seller Shares may be effected within the United States through the
      Seller’s agent as long as the Seller is outside the United States at the
      time of any such delivery.

	 	 	 	 
	 		(iii) 	
      Limitation on Resale and Transferability. The
      Purchaser understands that the Seller Shares cannot be offered for sale,
      sold, or otherwise transferred unless in accordance with the provisions of
      Regulation S, pursuant to registration under the Securities Act and
      applicable state securities laws, or pursuant to an available exemption
      from registration under the Securities Act. The Purchaser has not engaged
      in any “Directed Selling Efforts” (as defined in Regulation S) and the
      Purchaser has no present intention to sell or otherwise transfer the
      Seller Shares except in accordance with the provisions of Regulation S of
      the Securities Act, pursuant to registration under the Securities Act, or
      pursuant to an available exemption from registration under the Securities
      Act.

	 	 	 	 
	 		(iv) 	
      No Short Position. The Seller covenants that it
      will not, directly or indirectly, or through one or more intermediaries,
      maintain any “short position” (as hereinafter defined) in the Seller
      Shares during the “Distribution Compliance Period” (as hereinafter
      defined). For purposes of this Section 6(e)(iv), a “short position” shall
      mean any sale of a security which the seller does not own or any sale
      which is consummated by the delivery of a security borrowed by, or for the
      account of, the seller; and the “Distribution Compliance Period” shall
      mean the date which is twelve months from the date of issuance.

	 	 	 	 
	 		(v) 	
      No Hedging Transactions. The Seller hereby agrees
      not to engage in any hedging transactions with regard to the Seller
      Shares, unless in express compliance with the provisions of Regulation S,
      pursuant to registration under the Securities Act or pursuant to an
      exemption from the registration requirements of the Securities
  Act.

	 	 	 	 
	 			
      (vi) Legend. The Purchaser understands that
      certificates or other evidence of the Seller Shares shall bear a legend
      substantially similar to the following:

“THE SECURITIES EVIDENCED HEREBY
HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 (THE “ACT”) OR
APPLICABLE STATE SECURITIES LAWS, AND THE TRANSFER THEREOF IS PROHIBITED EXCEPT
IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE ACT, PURSUANT TO
REGISTRATION UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS, OR PURSUANT TO
AN AVAILABLE EXEMPTION FROM SUCH REGISTRATION. HEDGING TRANSACTIONS INVOLVING
THESE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE
ACT.”

	7. 	
      Brokers and Finders.

There are no finders and no parties shall be responsible for
the payment of any finders’ fees other than as specifically set forth herein.
Neither the Seller, nor any of its directors, officers or agents on their
behalf, have incurred any obligation or liability, contingent or otherwise, for
brokerage or finders’ fees or agents’ commissions or financial advisory services
or other similar payment in connection with this Agreement. 

	8. 	
      Pre-Closing Covenants.

The Parties agree as follows with respect to the period between
the execution of this Agreement and the Closing. 

	 	(a) 	
      General. Each of the Parties will use his or its
      best efforts to take all action and to do all things necessary, proper, or
      advisable in order to consummate and make effective the transactions
      contemplated by this Agreement (including satisfaction, but not waiver, of
      the closing conditions set forth in Section 11 below).

	 	 	 
	 	(b) 	
      Notices and Consents. Each of the Parties will
      give any notices to, make any filings with, and use its best efforts to
      obtain any authorizations, consents, and approvals of governmental
      authorities necessary in order to consummate the transactions contemplated
      hereby.

	9. 	
      Post-Closing Covenants.

The Parties agree that if at any time after the Closing any
further action is necessary or desirable to carry out the purposes of this
Agreement, each of the Parties will take such further action (including the
execution and delivery of such further instruments and documents) as any other
Party may reasonably request, all at the sole cost and expense of the requesting
Party. The Seller’s tax obligations will have no impact on the ability of the
Parties to Close on this Agreement and under no circumstances will the Buyer be
responsible for any tax obligations of the Seller.

	10. 	
      Conditions to Obligation to
  Close.

	 	(a) 	
      Conditions to Obligation of the
  Purchaser.

The obligation of the Purchaser to consummate the transactions
to be performed by the Purchaser in connection with the Closing are subject to
satisfaction of the following conditions: 

	 	(i) 	
      the representations and warranties set forth in Sections
      4 and 5 above shall be true and correct in all material respects at and as
      of the Closing Date;

	 	 	 
	 	(ii) 	
      the Seller shall have performed and complied with all of
      his covenants hereunder in all material respects through the Closing;
      and

	 	 	 
	 	(iii) 	
      no action, suit, or proceeding shall be pending or
      threatened before any court or quasi-judicial or administrative agency of
      any federal, state, local, or foreign jurisdiction or before any
      arbitrator wherein an unfavorable injunction, judgment, order, decree,
      ruling, or charge would (A) prevent consummation of any of the
      transactions contemplated by this Agreement or (B) cause any of the
      transactions contemplated by this Agreement to be rescinded following
      consummation (and no such injunction, judgment, order, decree, ruling, or
      charge shall be in effect);

The Purchaser may waive any condition specified in this Section
10(a) at or prior to the Closing in writing executed by the Purchaser. 

	 	(b) 	
      Conditions to Obligation of the Seller. The
      obligations of the Seller to consummate the transactions to be performed
      by her in connection with the Closing are subject to satisfaction of the
      following conditions:

	 	 	 	 
	 		(i) 	
      the representations and warranties set forth in Section 6
      above shall be true and correct in all material respects at and as of the
      Closing Date;

	 	 	 	 
	 		(ii) 	
      the Purchaser shall have performed and complied with all
      of its covenants hereunder in all material respects through the Closing;
      and

	 	 	 	 
	 		(iii) 	
      no action, suit, or proceeding shall be pending or
      threatened before any court or quasi-judicial or administrative agency of
      any federal, state, local, or foreign jurisdiction or before any
      arbitrator wherein an unfavorable injunction, judgment, order, decree,
      ruling, or charge would (A) prevent consummation of any of the
      transactions contemplated by this Agreement or (B) cause any of the
      transactions contemplated by this Agreement to be rescinded following
      consummation (and no such injunction, judgment, order, decree, ruling, or
      charge shall be in effect).

The Seller may waive any condition specified in this Section
10(b) at or prior to the Closing in writing executed by the Seller.

	11 	
      Miscellaneous.

	 	 	 	 
		(a) 	
      Facsimile Execution and Delivery. Facsimile
      execution and delivery of this Agreement is legal, valid and binding
      execution and delivery for all purposes.

	 	 	 	 
		(b) 	
      No Third-Party Beneficiaries. This Agreement shall
      not confer any rights or remedies upon any person other than the Parties
      and their respective successors and permitted assigns.

	 	 	 	 
		(c) 	
      Entire Agreement. This Agreement (including the
      documents referred to herein) constitutes the entire agreement among the
      Parties and supersedes any prior understandings, agreements, or
      representations by or among the Parties, written or oral, to the extent
      they related in any way to the subject matter hereof.

	 	 	 	 
		(d) 	
      Succession and Assignment. This Agreement shall be
      binding upon and inure to the benefit of the Parties named herein and
      their respective successors and permitted assigns. No Party may assign
      either this Agreement or any of his or its rights, interests, or
      obligations hereunder without the prior written approval of the Purchaser
      and the Seller; provided, however, that the Purchaser may (i) assign any
      or all of its rights and interests hereunder to one or more of its
      Affiliates, and (ii) designate one or more of its affiliates to perform
      its obligations hereunder.

	 	 	 	 
		(e) 	
      Counterparts. This Agreement may be executed in
      one or more counterparts, each of which shall be deemed an original but
      all of which together will constitute one and the same
  instrument.

	 	 	 	 
		(f) 	
      Headings. The Section headings contained in this
      Agreement are inserted for convenience only and shall not affect in any
      way the meaning or interpretation of this Agreement.

	 	 	 	 
		(g) 	
      Notices. All notices and other communications
      hereunder shall be in writing and shall be deemed given if delivered
      personally or by commercial delivery service, or mailed by registered or
      certified mail (return receipt requested) or sent via facsimile (with
      confirmation of receipt) to the parties.

	 	 	 	 
		(h) 	
      Governing Law. This Agreement shall be governed by
      and construed in accordance with the domestic laws of the People’s
      Republic of China without giving effect to any choice or conflict of law
      provision or rule (whether of the People’s Republic of China or any other
      jurisdiction) that would cause the application of the laws of any
      jurisdiction other than the People’s Republic of China or any other
      applicable jurisdiction which the parties agree to.

	 	 	 	 
			(i) 	
      Amendments and Waivers. No amendment of any
      provision of this Agreement shall be valid unless the same shall be in
      writing and signed by the Purchaser and the Seller or their respective
      representatives. No waiver by any Party of any default, misrepresentation,
      or breach of warranty or covenant hereunder, whether intentional or not,
      shall be deemed to extend to any prior or subsequent default,
misrepresentation, or breach of warranty or covenant hereunder or affect in any
way any rights arising by virtue of any prior or subsequent such occurrence. 

	 	(j) 	
      Severability. Any term or provision of this
      Agreement that is invalid or unenforceable in any situation in any
      jurisdiction shall not affect the validity or enforceability of the
      remaining terms and provisions hereof or the validity or enforceability of
      the offending term or provision in any other situation or in any other
      jurisdiction.

	 	 	 
	 	(k) 	
      Expenses. Each of the Parties will bear his or its
      own costs and expenses (including legal fees and expenses) incurred in
      connection with this Agreement and the transactions contemplated
      hereby.

	 	 	 
	 	(l) 	
      Construction. The Parties have participated
      jointly in the negotiation and drafting of this Agreement. In the event an
      ambiguity or question of intent or interpretation arises, this Agreement
      shall be construed as if drafted jointly by the Parties and no presumption
      or burden of proof shall arise favoring or disfavoring any Party by virtue
      of the authorship of any of the provisions of this Agreement. Any
      reference to any federal, state or local statute or law shall be deemed
      also to refer to all rules and regulations promulgated thereunder, unless
      the context requires otherwise. The word “including” shall mean including
      without limitation. The Parties intend that each representation, warranty,
      and covenant contained herein shall have independent significance. If any
      Party has breached any representation, warranty, or covenant contained
      herein in any respect, the fact that there exists another representation,
      warranty, or covenant relating to the same subject matter (regardless of
      the relative levels of specificity) which the Party has not breached shall
      not detract from or mitigate the fact that the Party is in breach of the
      first representation, warranty, or covenant. Nothing in the disclosure
      Schedules attached hereto shall be deemed adequate to disclose an
      exception to a representation or warranty made herein, however, unless the
      disclosure Schedules identifies the exception with particularity and
      describes the relevant facts in detail. Without limiting the generality of
      the foregoing, the mere listing (or inclusion of a copy) of a document or
      other item in the disclosure Schedules or supplied in connection with the
      Purchaser’ due diligence review, shall not be deemed adequate to disclose
      an exception to a representation or warranty made herein (unless the
      representation or warranty has to do with the existence of the document or
      other item itself).

	 	 	 
	 	(m) 	
      Specific Performance. Each of the Parties
      acknowledges and agrees that the other Party would be damaged irreparably
      in the event any of the provisions of this Agreement are not performed in
      accordance with their specific terms or otherwise are breached.
      Accordingly, each of the Parties agrees that the other Party shall be
      entitled to an injunction or injunctions to prevent breaches of the
      provisions of this Agreement and to enforce specifically this Agreement
      and the terms and provisions hereof in any action instituted in any court
      of the United States or any state thereof having jurisdiction over the Parties and
      the matter, in addition to any other remedy to which they may be entitled,
  at law or in equity.

	 	(n) 	
      Submission to Jurisdiction. Each of the Parties
      submits to the jurisdiction of any state or federal court sitting in
      Nevada, in any action or proceeding arising out of or relating to this
      Agreement and agrees that all claims in respect of the action or
      proceeding may be heard and determined in any such court. Each of the
      Parties waives any defense of inconvenient forum to the maintenance of any
      action or proceeding so brought and waives any bond, surety, or other
      security that might be required of any other Party with respect thereto.
      Any Party may make service on any other Party by sending or delivering a
      copy of the process to the Party to be served at the address and in the
      manner provided for the giving of notices in Section 11(g) above. Nothing
      in this Section 11(n), however, shall affect the right of any Party to
      bring any action or proceeding arising out of or relating to this
      Agreement in any other court or to serve legal process in any other manner
      permitted by law or at equity. Each Party agrees that a final judgment in
      any action or proceeding so brought shall be conclusive and may be
      enforced by suit on the judgment or in any other manner provided by law or
      at equity.

[signature pages follow] 

IN WITNESS WHEREOF, the Seller, the Company, and the
Purchaser have caused this Stock Purchase Agreement to be executed and delivered
by their respective officers thereunto duly authorized, all as of the date first
written above. 

PURCHASER: 

	/s/
      Xijian Zhou 	 
	Xijian Zhou 	 
	 	 
	 	 
	SELLER: 	 
	 	 
	/s/
      Liang Wei Wang 	 
	Liang Wei Wang 	 

	ADVENTO, INC. 	 
	  	  	 
	Per: 	/s/ Liang Wei Wang 	 
	  	Liang Wei Wang, PresidentMantra Venture Group Ltd.: Exhibit 10.1 - Filed by newsfilecorp.com

NON BROKERED PRIVATE PLACEMENT SUBSCRIPTION

MANTRA VENTURE GROUP LTD.

PRIVATE PLACEMENT

INSTRUCTIONS TO SUBSCRIBER:

	1. 	
      COMPLETE the information on page 2 of this
      Subscription Agreement.

	 	 
	2. 	
      If resident in the United States, COMPLETE the
      Prospective Investor Suitability Questionnaire attached as Appendix 1 to
      this Subscription Agreement (the ”US Questionnaire”).

	 	 
	3. 	
      If resident in Canada, COMPLETE the Canadian
      Questionnaire attached as Appendix 2 to this Subscription Agreement (the
      ”Canadian Questionnaire”)

	 	 
		
      (collectively, the “Questionnaires”)

	 	 
	4. 	
      COURIER the originally executed copy of the entire
      Subscription Agreement, together with the Questionnaire, to the Company
      at:

Mantra Venture Group Ltd. 
c/o Macdonald Tuskey, Corporate
and Securities Lawyers 
400 – 570 Granville Street 
Vancouver, Canada V6C
3P1

Attention: Konrad Malik

If you have any questions please contact Larry Kristof,
President of the Company, at: (604) 560-1503.

- 2 -

PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT

	TO: 	Mantra
      Venture Group Ltd. (the “Company”) #560 – 800 15355 24th
      Avenue, Surrey, British Columbia, Canada V4A 2H9

Subject and pursuant to the attached “Terms and Conditions” of
this Subscription Agreement, including all schedules and appendices attached
hereto, the Subscriber hereby irrevocably subscribes for, and on the Closing
Date, will purchase from the Company, the following securities at the following
price:

	
      _____ Units 

      US$0.17 per Unit for a total purchase price of __________
The
      Subscriber owns, directly or indirectly, the following securities of the
      Company: 

	  
	[Check if applicable] The Subscriber
      is [   ] an affiliate of the Company 

The Subscriber directs the Company to issue, register and
deliver the certificates representing the Shares and Warrants 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 Subscriber this ______ day of 
_________, 201__.

	WITNESS: 		EXECUTION BY
      SUBSCRIBER: 
	  	  	X 
	Signature of Witness 	Signature of individual (if Subscriber is an
      individual) 
	  	  	X 
	Name of Witness 
 	  	Authorized signatory (if
      Subscriber is not an individual) 
	Address of Witness 
 	  	Name of Subscriber (please
      print) 
	  	  	Name of authorized signatory (please print) 
	ACCEPTED this day of _________, 201__ 		  
	MANTRA VENTURE GROUP LTD. 	Address of Subscriber (residence) 
	per: 	  	  
	  	  	Telephone Number 
	Authorized Signatory 	  
	  	  	E-mail address 
 
	  	 
    	Social Security/ Social
      Insurance/Tax ID No.: 

By signing this acceptance, the Subscriber agrees to be bound
by the term and conditions of this Subscription Agreement.

- 3 -

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, DIRECTLY OR INDIRECTLY, 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.

TERMS AND CONDITIONS

1.            Subscription

1.1          The
undersigned (the “Subscriber”) hereby irrevocably subscribes for and agrees to
purchase the number of units of the Company (the “Units”) as set out on page 2
of this Subscription Agreement at a price of US$0.17 per Unit, each Unit to be
comprised of one share of common stock (a “Share”) and one half
share purchase warrant (a “Warrant”) to purchase one additional Share (a
“Warrant Share”) at a price of $0.40 per Warrant Share, exercisable for 24
months from closing or for 5 business after the Company’s common stock trades at
least one time per day on the OTC BB at a price at or above $0.60 per share for
seven consecutive trading days. The Units, Shares, Warrants and Warrant Shares
are collectively referred to herein as the “Securities”.

1.2          The
Company hereby agrees to sell, on the basis of the representations and
warranties and subject to the terms and conditions set forth herein, to the
Subscriber the Securities. Subject to the terms hereof, the Subscription
Agreement will be effective upon its acceptance by the Company.

1.3          Unless
otherwise provided, all dollar amounts referred to in this Subscription
Agreement are in lawful money of the United States of America.

2.            Payment

2.1          The
Subscription Proceeds must accompany this Subscription and shall be paid by bank
draft, money order or cheque drawn on a major U.S. bank or Canadian chartered
back acceptable to the Company, or shall be wired to the Company’s lawyers
pursuant to wiring instructions. If the funds are wired to the Company's
lawyers, those lawyers are authorized to immediately deliver the funds to the
Company without further authorization from the Subscriber.

2.2          The
Subscriber acknowledges and agrees that this Subscription Agreement, the
Subscription Proceeds and any other documents delivered in connection herewith
will be held by the Company's lawyers on behalf of the Company. In the event
that this Subscription Agreement is not accepted by the Company for whatever
reason within 60 days of the delivery of an executed Subscription Agreement by
the Subscriber, this Subscription Agreement, the Subscription Proceeds and any
other documents delivered in connection herewith will be returned to the
Subscriber at the address of the Subscriber as set forth in this Subscription
Agreement without interest or deduction.

2.3          Where
the Subscription Proceeds are paid to the Company, the Company may treat the
Subscription Proceeds as a non-interest bearing loan and may use the
Subscription Proceeds prior to this Subscription Agreement being accepted by the
Company.

3.            Questionnaires
and Undertaking and Direction

3.1          The
Subscriber must complete, sign and return to the Company the following
documents:

	 	(a) 	
      One (1) executed copy of this Subscription
    Agreement;

	 	 	 
	 	(b) 	
      the US Questionnaire in the form attached as Appendix 1
      if the Subscriber is resident in the United States;
and

- 4 -

	 	(c) 	
      the Canadian Questionnaire in the form attached as
      Appendix 2 if the Subscriber is resident in Canada.

	 	 	 
	 		
      (collectively, the
“Questionnaires”)

3.2          The
Subscriber shall complete, sign and return to the Company as soon as possible,
on request by the Company, any documents, questionnaires, notices and
undertakings as may be required by regulatory authorities, stock exchanges and
applicable law.

4.            Closing

4.1          Closing
of the purchase and sale of the Units shall occur on or before _____________,
201__ or on such other date as may be determined by the Company in its sole
discretion (the “Closing Date”). The Subscriber acknowledges that Units may be
issued to other subscribers under this offering (the “Offering”) before or after
the Closing Date. The Company, may, at its discretion, elect to close the
Offering in one or more closings, in which event the Company may agree with one
or more subscribers (including the Subscriber hereunder) to complete delivery of
the Units to such subscriber(s) against payment therefore at any time on or
prior to the Closing Date.

5.            Acknowledgements
of Subscriber

5.1          The
Subscriber acknowledges and agrees that:

	 	(a) 	
      none of the Securities have been registered under the
      1933 Act, or under any state securities or “blue sky” laws of any state of
      the United States, and, unless so registered, may not be offered or sold
      in the United States or to U.S. Persons, as that term is defined in
      Regulation S under the 1933 Act (“Regulation S”), except pursuant to an
      exemption from, or in a transaction not subject to, the registration
      requirements of the 1933 Act;

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

	 	 	 
	 	(c) 	
      the decision to execute this Subscription Agreement and
      purchase the Securities 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. If the Company has presented a business
      plan to the Subscriber, the Subscriber acknowledges that the business plan
      may not be achieved or be achievable;

	 	 	 
	 	(d) 	
      the Subscriber and the Subscriber’s advisor(s) have had a
      reasonable opportunity to ask questions of and receive answers from the
      Company in connection with the sale of the Securities hereunder, and to
      obtain additional information, to the extent possessed or obtainable
      without unreasonable effort or expense, necessary to verify the accuracy
      of the information about the Company;

	 	 	 
	 	(e) 	
      the books and records of the Company were available upon
      reasonable notice for inspection, subject to certain confidentiality
      restrictions, by Subscribers during reasonable business hours at its
      principal place of business and that all documents, records and books in
      connection with the sale of the Securities hereunder have been made
      available for inspection by the Subscriber, the Subscriber’s attorney
      and/or advisor(s);

	 	 	 
	 	(f) 	
      by execution of this Subscription Agreement the
      Subscriber has waived the need for the Company to communicate its
      acceptance of the purchase of the Securities pursuant to this Subscription
      Agreement;

	 	 	 
	 	(g) 	
      all information which the Subscriber has provided to the
      Company in the Questionnaires are correct and complete as of the date the
      Questionnaires are signed, and if there should be any change in such
      information prior to the Subscription being accepted by the Company, the
      Subscriber will immediately provide the Company with such
    information;

- 5 -

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

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

	 	 	 
	 	(j) 	
      the issuance and sale of the Securities to the Subscriber
      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) 	
      it has been advised to consult its own legal, tax and
      other advisors with respect to the merits and risks of an investment in
      the Securities and with respect to applicable resale restrictions and it
      is solely responsible (and the Company is not in any way responsible) for
      compliance with applicable resale restrictions;

	 	 	 
	 	(l) 	
      none of the Securities are listed on any stock exchange
      or automated dealer quotation system and no representation has been made
      to the Subscriber that any of the Securities will become listed on any
      stock exchange or automated dealer quotation system, except that certain
      market makers currently make a market in the Company’s share of common
      stock on the over-the counter bulletin board in the United
  States;

	 	 	 
	 	(m) 	
      it is acquiring the Securities as principal for its own
      account, for investment purposes only, and not with a view to, or for,
      resale, distribution or fractionalization thereof, in whole or in part,
      and no other person has a direct or indirect beneficial interest in such
      Securities;

	 	 	 
	 	(n) 	
      the Subscriber is acquiring the Securities pursuant to an
      exemption from the registration and prospectus requirements of applicable
      securities legislation in all jurisdictions relevant to this Subscription,
      and, as a consequence, the Subscriber will not be entitled to use most of
      the civil remedies available under applicable securities legislation and
      the Subscriber will not receive information that would otherwise be
      required to be provided to the Subscriber pursuant to applicable
      securities legislation;

	 	 	 
	 	(o) 	
      the Subscriber has been advised that the business of the
      Company is in a start-up phase and acknowledges that there is no assurance
      that the Company will raise sufficient funds to adequately capitalize the
      business or that the business will be profitable in the future;

	 	 	 
	 	(p) 	
      no documents in connection with the sale of the
      Securities hereunder have been reviewed by the Securities and Exchange
      Commission or any state securities administrators;

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

	 	 	 
	 	(r) 	
      this Subscription Agreement is not enforceable by the
      Subscriber unless it has been accepted by the
Company.

6.            Representations,
Warranties and Covenants of the Subscriber

6.1          The
Subscriber hereby represents and warrants to and covenants with the Company
(which representations, warranties and covenants shall survive the Closing)
that:

- 6 -

	 	(a) 	
      the Subscriber is resident in the jurisdiction set forth
      on page 2 underneath the Subscriber’s name and signature;

	 	 	 
	 	(b) 	
      the Subscriber 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 Subscriber 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
      Subscriber;

	 	 	 
	 	(c) 	
      the Subscriber (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 bear the economic risks of an investment in the
      Securities for an indefinite period of time;

	 	 	 
	 	(d) 	
      the Subscriber has made an independent examination and
      investigation of an investment in the Securities 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
      Subscriber’s decision to invest in the Securities and the
  Company;

	 	 	 
	 	(e) 	
      all information contained in the Questionnaires are
      complete and accurate and may be relied upon by the Company and the
      Subscriber will notify the Company immediately of any material change in
      any such information occurring prior to the closing of the purchase of the
      Securities;

	 	 	 
	 	(f) 	
      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 the constating
      documents of, the Subscriber or of any agreement, written or oral, to
      which the Subscriber may be a party or by which the Subscriber is or may
      be bound;

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

	 	 	 
	 	(h) 	
      it understands and agrees that none of the Securities
      have been registered under the 1933 Act or any state securities laws, and,
      unless so registered, none may be offered or sold in the United States or,
      directly or indirectly, 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 state securities laws;

	 	 	 
	 	(i) 	
      it is purchasing the Securities 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 Securities, and the
      Subscriber has not subdivided his interest in the Securities with any
      other person;

	 	 	 
	 	(j) 	
      it is able to fend for itself in the Subscription and has
      the ability to bear the economic risks of its prospective investment and
      can afford the complete loss of such investment;

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

	 	 	 
	 	(l) 	
      it understands and agrees that the Company and others
      will rely upon the truth and accuracy of the acknowledgments,
      representations and agreements contained in sections 4 and 6 hereof and
      agrees that if any of such acknowledgments, representations and agreements
      are no longer accurate or have been breached, it shall promptly notify the
      Company;

	 	 	 
	 	(m) 	
      the Subscriber is not acquiring the Securities as a
      result of any form of general solicitation or general advertising
      including advertisements, articles, notices or other communications
      published in any newspaper, 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;

- 7 -

	 	(n) 	
      no person has made to the Subscriber 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.

6.2          In
this Subscription Agreement, the term “U.S. Person” shall have the meaning
ascribed thereto in Regulation S and for the purpose of the Subscription
includes any person in the United States.

7.            Acknowledgement
and Waiver

7.1 The Subscriber has acknowledged that the decision to
purchase the Securities was solely made on the basis of publicly available
information. The Subscriber hereby waives, to the fullest extent permitted by
law, any rights of withdrawal, rescission or compensation for damages to which
the Subscriber might be entitled in connection with the distribution of any of
the Securities.

8.            Representations
and Warranties will be Relied Upon by the Company

8.1          The
Subscriber acknowledges that the representations and warranties contained herein
are made by it with the intention that they may be relied upon by the Company
and its legal counsel in determining the Subscriber’s eligibility to purchase
the Securities under applicable securities legislation, or (if applicable) the
eligibility of others on whose behalf it is contracting hereunder to purchase
the Securities under applicable securities legislation. The Subscriber further
agrees that by accepting delivery of the certificates representing the
Securities on the Closing Date, it will be representing and warranting that the
representations and warranties contained herein are true and correct as at the
Closing Date with the same force and effect as if they had been made by the
Subscriber at the Closing Date and that they will survive the purchase by the
Subscriber of the Securities and will continue in full force and effect
notwithstanding any subsequent disposition by the Subscriber of such
Securities.

9.            Resale
Restrictions

9.1          The
Subscriber acknowledges that any resale of the Securities will be subject to
resale restrictions contained in the securities legislation applicable to each
Subscriber or proposed transferee as set forth in paragraph 6 of this
Subscription Agreement. The Securities may not be offered or sold in the United
States unless registered in accordance with federal securities laws and all
applicable state securities laws or exemptions from such registration
requirements are available.

10.          Legending
and Registration of Subject Securities

10.1        The
Subscriber hereby acknowledges that that upon the issuance thereof, and until
such time as the same is no longer required under the applicable securities laws
and regulations, the certificates representing any of the Securities will bear a
legend in substantially the following form:

“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, DIRECTLY OR INDIRECTLY, 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.”

- 8 -

10.2        The
Subscriber hereby acknowledges and agrees to the Company making a notation on
its records or giving instructions to the registrar and transfer agent of the
Company in order to implement the restrictions on transfer set forth and
described in this Subscription Agreement.

11.          Costs

11.1        The
Subscriber acknowledges and agrees that all costs and expenses incurred by the
Subscriber (including any fees and disbursements of any special counsel retained
by the Subscriber) relating to the purchase of the Securities shall be borne by
the Subscriber.

12.          Governing
Law

12.1        This
Subscription Agreement is governed by the laws of the Province of British
Columbia and the federal laws of the United States applicable herein. The
Subscriber, in its personal or corporate capacity and, if applicable, on behalf
of each beneficial purchaser for whom it is acting, irrevocably attorns to the
jurisdiction of the Province of British Columbia.

13.          Survival

13.1        This
Subscription Agreement, including without limitation the representations,
warranties and covenants contained herein, shall survive and continue in full
force and effect and be binding upon the parties hereto notwithstanding the
completion of the purchase of the Securities by the Subscriber pursuant
hereto.

14.          Assignment

14.1        This
Subscription Agreement is not transferable or assignable.

15.          Execution

15.1        The
Company shall be entitled to rely on delivery by facsimile machine of an
executed copy of this Subscription Agreement and acceptance by the Company of
such facsimile copy shall be equally effective to create a valid and binding
agreement between the Subscriber and the Company in accordance with the terms
hereof.

16.          Severability

16.1        The
invalidity or unenforceability of any particular provision of this Subscription
Agreement shall not affect or limit the validity or enforceability of the
remaining provisions of this Subscription Agreement.

17.          Entire
Agreement

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

18.          Notices

18.1        All
notices and other communications hereunder shall be in writing and shall be
deemed to have been duly given if mailed or transmitted by any standard form of
telecommunication. Notices to the Subscriber shall be directed to the address on
page 2 and notices to the Company shall be directed to it at the first page of
this Subscription Agreement.

- 9 -

19.          Counterparts

19.1        This
Subscription Agreement may be executed in any number of counterparts, each of
which, when so executed and delivered, shall constitute an original and all of
which together shall constitute one instrument.

APPENDIX 1

PROSPECTIVE INVESTOR SUITABILITY QUESTIONNAIRE

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

This Questionnaire is for use by each Subscriber 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 Securities
of Mantra Venture Group Ltd. (the “Company”). The purpose of this Questionnaire
is to assure the Company that each Subscriber will meet the standards imposed by
the 1933 Act and the appropriate exemptions of applicable state securities laws.
The Company 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(6) of the 1933 Act. This Questionnaire is not an offer of
Securities or any other securities of the Company in any state other than those
specifically authorized by the Company.

All information contained in this Questionnaire will be treated
as confidential. However, by signing and returning this Questionnaire, each
Subscriber agrees that, if necessary, this Questionnaire may be presented to
such parties as the Company 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 Subscriber covenants, represents and warrants to the
Company 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 Subscriber 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; 

- 2 -

	 	_______ Category 5 	
      A private business development company as defined in
      Section 202(a)(22) of the Investment Advisers Act of 1940 (United
      States); 

	 	  	
      

	 	_______ Category 6 	
  A director or executive officer of the Company;

	 	  	
      

	 	_______ 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 Subscribers
claiming to satisfy one of the above categories of Accredited Investor may be
required to supply the Company with a balance sheet, prior years’ federal income
tax returns or other appropriate documentation to verify and substantiate the
Subscriber’s status as an Accredited Investor.

If the Subscriber 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 Subscriber hereby certifies that the information contained
in this Questionnaire is complete and accurate and the Subscriber will notify
the Company 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 Subscriber 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 _____, 2012.

	 	If a Corporation, Partnership or Other Entity:
    	 	If an Individual: 
	 	 	 	 
	 	  	 	  
	 	Print
      of Type Name of Entity 
 	 	Signature 
	 	Signature of Authorized Signatory 
 	 	Print
      or Type Name 
	 	Type of Entity 	 	Social Security/Tax I.D. No.

- 3 -

APPENDIX 2

CANADIAN QUESTIONNAIRE

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

The purpose of this Questionnaire is to assure the Company that
the Subscriber will meet certain requirements of National Instrument 45-106 (“NI
45-106”). The Company will rely on the information contained in this
Questionnaire for the purposes of such determination.

The Subscriber covenants, represents and warrants to the
Company that:

		1. 	
      the Subscriber has such knowledge and experience in
      financial and business matters as to be capable of evaluating the merits
      and risks of the transactions detailed in the Subscription Agreement and
      the Subscriber is able to bear the economic risk of loss arising from such
      transactions; 

	 	 	 
	 	2. 	
      the Subscriber is (tick one or more of the following
      boxes): 

			 	 	 
			
      (A) 
	
      a director, executive officer, employee, founder or
      control person of the Company 
	
      [   ] 

			 	 	 
			
      (B) 
	
      a spouse, parent, grandparent, brother, sister or child
      of a director, executive officer, founder or control person of the Company      
	
      [   ] 

			 	 	 
			
      (C) 
	
      a parent, grandparent, brother, sister or child of the
      spouse of a director, executive officer, founder or control person of the
      Company 
	
      [   ] 

			 	 	 
			
      (D) 
	
      a close personal friend of a director, executive officer,
      founder or control person of the Company 
	
      [   ] 

			 	 	 
			
      (E) 
	
      a close business associate of a director, executive
      officer, founder or control person of the Company 
	
      [   ] 

	 	 	 	 	 
	 	  	
      (F) 
	
      an accredited investor 
	
      [   ] 

		 	 
		3. 	
      if the Subscriber has checked box B, C, D or E in
      paragraph 3 above, the director, executive officer, founder or control
      person of the Company with whom the undersigned has the relationship is:      

	 	 	 
			 
			
      (Instructions to Subscriber: fill in the name of each
      director, executive officer, founder and control person which you
      have the above-mentioned relationship with.) 

		 	 
		4. 	
      if the Subscriber has ticked box F in Section 2 above,
      the Subscriber satisfies one or more of the categories of “accredited
      investor” (as that term is defined in NI 45-106) indicated below (please
      check the appropriate box): 

			 	 
			
      [   ] 
	
      (a) a Canadian financial institution as defined in
      National Instrument 14-101, or an authorized foreign bank listed in
      Schedule III of the Bank Act (Canada); 

			 	 
			
      [   ] 
	
      (b) the Business Development Bank of Canada incorporated
  under the Business Development Bank Act (Canada);  

- 4 -

	 	[   ] 	
      (c) a subsidiary of any person referred to in any of the
      foregoing categories, if the person owns all of the voting securities of
      the subsidiary, except the voting securities required by law to be owned
      by directors of that subsidiary;

	 	 	 
	 	[   ] 	
      (d) an individual registered or formerly registered under
      securities legislation in a jurisdiction of Canada, as a representative of
      a person or company registered under securities legislation in a
      jurisdiction of Canada, as an adviser or dealer, other than a limited
      market dealer registered under the Securities Act (Ontario) or the
      Securities Act (Newfoundland);

	 	 	 
	 	[   ] 	
      (e) an individual registered or formerly registered under
      the securities legislation of a jurisdiction of Canada as a representative
      of a person referred to in paragraph (d);

	 	 	 
	 	[   ] 	
      (f) the government of Canada or a province, or any crown
      corporation or agency of the government of Canada or a province;

	 	 	 
	 	[   ] 	
      (g) a municipality, public board or commission in Canada
      and a metropolitan community, school board, the Comite de gestion de la
      taxe scholaire de l'ile de Montreal or an intermunicipal management board
      in Québec;

	 	 	 
	 	[   ] 	
      (h) a national, federal, state, provincial, territorial
      or municipal government of or in any foreign jurisdiction, or any agency
      thereof;

	 	 	 
	 	[   ] 	
      (i) a pension fund that is regulated by either the Office
      of the Superintendent of Financial Institutions (Canada) or a pension
      commission or similar regulatory authority of a jurisdiction of
    Canada;

	 	 	 
	 	[   ] 	
      (j) an individual who either alone or with a spouse
      beneficially owns, directly or indirectly, financial assets (as defined in
      NI 45-106) having an aggregate realizable value that, before taxes but net
      of any related liabilities, exceeds CDN$1,000,000;

	 	 	 
	 	[   ] 	
      (k) an individual whose net income before taxes exceeded
      CDN$200,000 in each of the two more recent calendar years or whose net
      income before taxes combined with that of a spouse exceeded $300,000 in
      each of those years and who, in either case, reasonably expects to exceed
      that net income level in the current calendar year;

	 	 	 
	 	[   ] 	
      (l) an individual who, either alone or with a spouse, has
      net assets of at least CDN $5,000,000;

	 	 	 
	 	[   ] 	
      (m) a person, other than an individual or investment
      fund, that had net assets of at least CDN$5,000,000 as reflected on its
      most recently prepared financial statements;

	 	 	 
	 	[   ] 	
      (n) an investment fund that distributes it securities
      only to persons that are accredited investors at the time of distribution,
      a person that acquires or acquired a minimum of CDN$150,000 of value in
      securities, or a person that acquires or acquired securities under
      Sections 2.18 or 2.19 of NI 45-106;

	 	 	 
	 	[   ] 	
      (o) an investment fund that distributes or has
      distributed securities under a prospectus in a jurisdiction of Canada for
      which the regulator or, in Québec, the securities regulatory authority,
      has issued a receipt;

	 	 	 
	 	[   ] 	
      (p) a trust company or trust corporation registered or
      authorized to carry on business under the Trust and Loan Companies Act
      (Canada) or under comparable legislation in a jurisdiction of Canada
      or a foreign jurisdiction, acting on behalf of a fully managed account
      managed by the trust company or trust corporation, as the case may
    be;

- 5 -

	 	[   ] 	
      (q) a person acting on behalf of a fully managed account
      managed by that person, if that person (i) is registered or authorized to
      carry on business as an adviser or the equivalent under the securities
      legislation of a jurisdiction of Canada or a foreign jurisdiction, and
      (ii) in Ontario, is purchasing a security that is not a security of an
      investment fund;

	 	 	 
	 	[   ] 	
      (r) a registered charity under the Income Tax Act
      (Canada) that, in regard to the trade, has obtained advice from an
      eligibility advisor or an advisor registered under the securities
      legislation of the jurisdiction of the registered charity to give advice
      on the securities being traded;

	 	 	 
	 	[   ] 	
      (s) an entity organized in a foreign jurisdiction that is
      analogous to any of the entities referred to in paragraphs (a) to (d) or
      paragraph (i) in form and function;

	 	 	 
	 	[   ] 	
      (t) a person in respect of which all of the owners of
      interests, direct, indirect or beneficial, except the voting securities
      required by law are persons or companies that are accredited
    investors;

	 	 	 
	 	[   ] 	
      (u) an investment funds that is advised by a person
      registered as an advisor or a person that is exempt from registration as
      an advisor; or

	 	 	 
	 	[   ] 	
      (v) a person that is recognized or designated by the
      securities regulatory authority or, except in Ontario and Québec, the
      regulator as (i) an accredited investor, or (ii) an exempt purchaser in
      Alberta or Canadian after this instrument comes into
  force;

The Subscriber acknowledges and agrees that the Subscriber may
be required by the Company to provide such additional documentation as may be
reasonably required by the Company and its legal counsel in determining the
Subscriber's eligibility to acquire the Securities under relevant
legislation.

     IN WITNESS WHEREOF, the
undersigned has executed this Questionnaire as of the ________ day of
___________, 2012.

	If an Individual: 	 	If a Corporation, Partnership or Other Entity:
    
	 	 	 
	 	 	 
	Signature 	 	Print or Type Name of Entity 
	 	 	 
	Print or Type Name 	 	Signature of Authorized Signatory 
	 	 	 
	  	 	Type of Entity 

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.

- 2 -

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 Issuer 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 Issuer 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 Issuer and such decision is based entirely upon a review
      of information (the “Company Information”) which has been provided by the
      Issuer to the Purchaser. If the Issuer 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
      Issuer 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 Issuer 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 Issuer to communicate its acceptance of the purchase of the Units
      pursuant to this Subscription Agreement;

	 	 	 
	 	(h) 	
      the Issuer 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 Issuer 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 Issuer
      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
      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
      Issuer 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 Issuer in connection
  therewith;

- 3 -

	 	(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
      Issuer acting reasonably, it is not in the best interests of the
      Issuer;

	 	 	 
	 	(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 Issuer 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 ; and

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

2.2        Representations
by the Purchaser

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

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

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

	 	 	 
	 	(s) 	
      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;

	 	 	 
	 	(t) 	
      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 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;

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

	 	 	 
	 	(v) 	
      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;

- 4 -

	 	(w) 	
      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;

	 	 	 	 
	 	(x) 	
      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 Issuer, and the
      Purchaser is providing evidence of such knowledge and experience in these
      matters through the information requested in the Questionnaire;

	 	 	 	 
	 	(y) 	
      the Purchaser understands and agrees that the Issuer 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 Issuer;

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

	 	 	 	 
	 	(aa) 	
      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;

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

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

	 	 	 	 
	 	(dd) 	
      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;

	 	 	 	 
	 	(ee) 	
      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;

	 	 	 	 
	 	(ff) 	
      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,
      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

	 	 	 	 
	 	(gg) 	
      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 ;

- 5 -

	 	(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
      Issuer 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.

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.

- 6 -

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 British Columbia (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 British Columbia with
respect to any dispute related to this Subscription Agreement.

End of General Provisions

- 7 -

EITHER THIS SECURITY NOR THE SECURITIES FOR 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. THIS SECURITY AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS
SECURITY MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER
LOAN SECURED BY SUCH SECURITIES.

COMMON STOCK PURCHASE WARRANT

MANTRA VENTURE GROUP LTD.

	Warrant Shares: _______________________	Initial Exercise Date:
_____________, 2012

THIS COMMON SHARE PURCHASE WARRANT (the “Warrant”)
certifies that, for value received, _______________________________________, or
its assigns (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 the date hereof (the “Initial Exercise Date”) and on or prior to
the close of business on the twenty four (24) month anniversary of the Initial
Exercise Date, or for 5 business after the Company’s common stock trades at
least one time per day on the OTC BB at a price at or above $0.60 per share for
seven consecutive trading days (the “Termination Date”) but not
thereafter, to subscribe for and purchase from Mantra Venture Group, Ltd., a BC
corporation (the “Company”), up to the amount of shares stated above (as
subject to adjustment hereunder, the “Warrant Shares”) of the Company’s
Common Stock. The purchase price of one share of Common Stock under this Warrant
shall be equal to the Exercise Price, as defined in Section 2(b).

     Section 1 Exercise. 

     a)
Exercise of Warrant. Exercise of the purchase rights represented by this
Warrant may be made, in whole or in part, at any time or times on or after the
Initial Exercise Date and on or before the Termination Date by delivery to 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 the Holder
appearing on the books of the Company) of a duly executed facsimile copy of the
Notice of Exercise form annexed hereto. Within three (3) Trading Days following
the date of exercise as aforesaid, the Holder shall deliver the aggregate
Exercise Price for the shares specified in the applicable Notice of Exercise by
wire transfer or cashier’s check drawn on a United States bank. Notwithstanding
anything herein to the contrary, the Holder shall not be required to physically
surrender this Warrant to the Company until the Holder has purchased all of the
Warrant Shares available hereunder and the Warrant has been exercised in full,
in which case, the Holder shall surrender this Warrant to the Company for
cancellation within three (3) Trading Days of the date the final Notice of
Exercise is delivered to the Company. Partial exercises of this Warrant
resulting in purchases of a portion of the total number of Warrant Shares
available hereunder shall have the effect of lowering the outstanding number of
Warrant Shares purchasable hereunder in an amount equal to the applicable number
of Warrant Shares purchased. The Holder and the Company shall maintain records
showing the number of Warrant Shares purchased and the date of such purchases.
The Company shall deliver any objection to any Notice of Exercise Form within
one (1) Business Day of receipt of such notice. The Holder and any assignee,
by acceptance of this Warrant, acknowledge and agree that, by reason of the
provisions of this paragraph, following the purchase of a portion of the Warrant
Shares hereunder, the number of Warrant Shares available for purchase hereunder
at any given time may be less than the amount stated on the face hereof.

     b)
Exercise Price. The exercise price per share of the Common Stock under
this Warrant shall be $0.40, subject to adjustment hereunder (the “Exercise
Price”).

     c)
Mechanics of Exercise. 

- 8 -

     i.
Delivery of Certificates Upon Exercise. Certificates for shares purchased
hereunder shall be transmitted by the Transfer Agent to the Holder by delivery
of a share certificate to the Holder.

     ii.
Delivery of New Warrants Upon Exercise. If this Warrant shall have been
exercised in part, the Company shall, at the request of a Holder and upon
surrender of this Warrant certificate, 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.

     iii.
Rescission Rights. If the Company fails to cause the Transfer Agent to
transmit to the Holder a certificate or the certificates representing the
Warrant Shares pursuant to Section 2(d)(i) by the Warrant Share Delivery Date,
then the Holder will have the right to rescind such exercise.

     iv.
No Fractional Shares or Scrip. No fractional shares or scrip representing
fractional shares shall be issued upon the exercise of this Warrant. As to any
fraction of a share which the Holder would otherwise be entitled to purchase
upon such exercise, the Company shall, at its election, either pay a cash
adjustment in respect of such final fraction in an amount equal to such fraction
multiplied by the Exercise Price or round up to the next whole share.

     v.
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, and such certificates
shall be issued in the name of the Holder or in such name or names as may be
directed by the Holder; provided, however, that in the event
certificates for Warrant Shares are to be issued in a name other than the name
of the Holder, this Warrant when surrendered for exercise shall be accompanied
by the Assignment Form attached hereto duly executed by the Holder and the
Company may require, as a condition thereto, the payment of a sum sufficient to
reimburse it for any transfer tax incidental thereto.

     vi.
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.

     Section 2.
Miscellaneous.

     a) No
Rights as Stockholder Until Exercise. This Warrant does not entitle the
Holder to any voting rights, dividends or other rights as a stockholder of the
Company prior to the exercise hereof as set forth in Section 2(d)(i).

     b)
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 -

     c)
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 not be a Business Day, then, such action may be taken or such right may be
exercised on the next succeeding Business Day.

     d)
Jurisdiction. All questions concerning the construction, validity,
enforcement and interpretation of this Warrant shall be determined in accordance
with the provisions of the Purchase Agreement.

     e)
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.

     f)
Notices. Any notice, request or other document required or permitted to
be given or delivered to the Holder by the Company shall be delivered in
accordance with the notice provisions of the Purchase Agreement.

     g)
Limitation of Liability. No provision hereof, in the absence of any
affirmative action by the Holder to exercise this Warrant to purchase Warrant
Shares, and no enumeration herein of the rights or privileges of the 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.

     h)
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 and not to assert the defense in any action for specific performance that
a remedy at law would be adequate.

     i)
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 and permitted assigns of the
Company and the successors and permitted assigns of Holder. The provisions of
this Warrant are intended to be for the benefit of any Holder from time to time
of this Warrant and shall be enforceable by the Holder or holder of Warrant
Shares.

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

     k)
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.

     l)
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.

- 10 -

IN WITNESS WHEREOF, the Company has caused this Warrant to be
executed by its officer thereunto duly authorized as of the date first above
indicated.

	 	MANTRA VENTURE GROUP
      LTD. 
	 	 	  
	 	 	  
	 	 	  
	 	Per: 	 
	 	 	Name: Larry Kristof 
	 	 	Title: President 

NOTICE OF EXERCISE

TO: MANTRA VENTURE GROUP LTD.

	 	(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 lawful money of the United
      States; or

	 	 	 
	 	(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 DWAC
Account Number or by physical delivery of a certificate to:

	 	 	___________________________
___________________________
___________________________
	 	 	 
	 	(4) 	
      Accredited Investor. The undersigned is an
      “accredited investor” as defined in Regulation D promulgated under the
      Securities Act of 1933, as amended.

	[SIGNATURE OF HOLDER] 	 
	  	 
	Name of Investing Entity: 	 
	  	 
	  	 
	Signature of Authorized Signatory of
      Investing Entity:  	 
	Name of Authorized Signatory: 	 
	Title of Authorized Signatory: 	 
	Date: 	 

End of Subscription Agreement

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