Document:

Exhibit 4.4

OPTION AGREEMENT

THIS AGREEMENT dated as of the 15th day of
September, 2006, between John Pritchard (the “Optionee”) and
Gold  Run Inc. (the “Optionor”);

WHEREAS the Optionee has
entered into an Employment Agreement with the Optionor dated of even-date herewith (the “Employment
Agreement”);

AND WHEREAS the Optionor
desires to grant to the Optionee and option to purchase the Optioned Shares (as defined below) on the terms
and conditions set out herein;

NOW THEREFORE in
consideration of the mutual promises contained herein and the payment of $1 by each party hereto to the other
and for other good and valuable consideration, the receipt and sufficiency of which are acknowledged, the
parties hereto agree as follows:

ARTICLE 1
INTERPRETATION

1.1
Definitions

In this Agreement and the recitals
hereto, unless the context otherwise requires, the following words and expressions shall have the following
meanings:

	 	(a)	“Cause” has the meaning ascribed to such term in the Employment Agreement;

	 	(b)	 “Expiry Date” means September 14, 2011 at 11:59 p.m. (Toronto time);

	 	(c)	“Date of Termination” means the actual date of termination for any reason of the
office or employment of the Optionee, and does not include any period during which the Optionee is in receipt
of or is eligible to receive any statutory, contractual or common law notice or compensation in lieu thereof
or severance payments following the actual date of termination or resignation;

	 	(c)	“Option Notice” means a notice indicating that the Optionee is exercising the Option
in whole or in part;

	 	(d)	“Option Price” means US $0.25 per Optioned Share on the first 500,000 Optioned
Shares acquired on exercise of the Option pursuant to this Agreement and US $0.50 per Optioned Share on the
remaining

	

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1,000,000 Optioned Shares acquired
on exercise of the Option pursuant to this Agreement;

	 	(e)	Optioned Shares” means the common shares of the Optionor that may be subscribed for by
the Optionee pursuant to the terms of this Agreement, being 1,500,000 common shares of the Optionor and
“Optioned Share” means any one of such common shares of the Optionor.

1.2 Sections and Headings

The division of this Agreement into Articles and
Sections and the insertion of headings are for the convenience of reference only and shall not affect the
construction or interpretation of this Agreement. The terms “this Agreement”, “hereof’,
‘hereunder” and similar expressions refer to this Agreement and not to any particular Article,
Section or other portion hereof and include any agreement or instrument supplemental or ancillary hereto.
Unless something in the subject matter or context is inconsistent therewith, references herein to Articles and
Sections are to Articles and Sections of this Agreement;

1.3
Time Periods

When calculating the period of time within which
or following which any act is to be done or step taken pursuant to this Agreement, the date which is the
reference date in calculating such period shall be excluded.

1.4 Extended Meanings

Words importing the singular number only shall
include the plural and vice versa and words importing gender shall include masculine, feminine and neuter
genders.

	

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ARTICLE 2
OPTION

2.1 Option Grant

The Optionor hereby grants to the Optionee the
option (the “Option”) to purchase the Optioned Shares, at the Option Price, subject to the terms and
provisions of this Agreement, and in particular as follows:

	 	2.1.1	300,000 of the Optioned Shares, which shall vest and shall be available for exercise on the
date of execution of this agreement;

	 	2.1.2	a further 400,000 Optioned Shares, which shall vest and shall be available for exercise during
the period September 15, 2006 through September 14, 2007 pro-rata on a daily basis. For clarity, as a result
of the preceding sentence, on each day commencing September 15, 2066 up to and including September 14, 2007,
the Optionee will have the option to subscribe for 1,095.89 Optioned Shares;

	 	2.1.3	a further 400,000 Optioned Shares, which shall vest and shall be available for exercise during
the period September 15 ,2007 through September 14, 2008 pro-rata on a daily basis;

	 	2.1.4	the final 400,000 Optioned Shares, which shall vest and shall be available for exercise during
the period September 15, 2008 through September 14, 2009 pro-rata on a daily basis; and

	 	2.1.5	notwithstanding the foregoing, if the Optionee has not exercised all of the vested Option to
which he is entitled at any time commencing the date hereof, then the Optionee may exercise such vested Option
and subscribe for the respective Optioned Shares at any time up to the Expiry Date, subject to the early
expiry provisions provided below.

2.2 Accelerated Vesting

Notwithstanding anything to the contrary contained
herein, in the event that 50% of the issued and outstanding common shares of the Optionor are acquired by any
one individual or entity (the “Control Person”), the Option as set out in Article 2.1 shall vest in
its entirety forthwith and the Optionee shall be entitled to exercise the Option and subscribe for the
remainder of the Optioned Shares at the Option Price.

	

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2.3

The Option shall expire and terminate upon the
Expiry Date as to such of the Optioned Shares in respect of which the Option has not then been exercised and
such unexercised Optioned Shares shall no longer be available for exercise by the Optionee.

2.4 Option Notice and
Payment

The Option may be exercised in whole or in part at
any time and from time to time up to and including the Expiry Date in respect of the Optioned Shares. The
Option may be exercised by the Optionee giving to the Optionor an Option Notice accompanied by a certified
cheque or bank draft representing the Option Price in respect of the Optioned Shares for which the Option is
being exercised. Certificates for the exercised Optioned Shares shall be issued and a copy of such certificate
shall be delivered to the Optionee a reasonable time following the actual receipt of the Option Notice and
payment for the Optioned Shares being acquired. The Optionee shall be registered in the books of the Optionor
as the holder of the exercised Optioned Shares, which will be issued as fully paid and non-assessable
shares.

2.5 Early Expiry

Any unvested portion of the Option will expire
before the Date of Termination in the following events and any vested portions will be dealt with as
follows:

	 	(a)	if the Optionee dies, the portion of the Option that has vested and is exercisable at the date
of death of the Optionee may be exercised by the personal representative of the Optionee’s estate on the
earlier of (i) 60 days after the death of the Optionee and (ii) the Expiry Date;

	 	(b)	if the Optionee resigns his office or employment, the portion of the Option that has vested
and is exercisable at the Date of Termination may be exercised by the Optionee on the earlier of (i) thirty
days after the Date of Termination and (ii) the Expiry Date;

	 	(c)	if the Optionee is terminated without Cause the portion of the Option that has vested and is
exercisable at the Date of Termination may be exercised by the Optionee on the earlier of (i) sixty days after
the Date of Termination and (ii) the Expiry Date;

	 	(d)	if the Optionee is terminated with Cause the portion of the Option that has vested and is
exercisable at the Date of Termination may be exercised by the Optionee forthwith after the Date of
Termination but no later than two business days from the Date of Termination; and

	 	(e)	in the event of permanent disability (as provided in the Employment Agreement), the portion of
the Option that has vested and is exercisable at the Date of

	

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Termination may be exercised by
the Optionee on the earlier of (i) six months after the Date of Termination and (ii) the Expiry Date;

provided that the board of directors of the
Optionor may, in its absolute discretion, extend the Expiry Date for the Option at any time before or after
such Option would otherwise have expired under this Agreement.

2.6 Arbitration

The parties hereby agree that they will use
reasonable best efforts to resolve any disputes arising out of this Agreement in a co-operative and
expeditious manner. To this effect, following notice of any party to the others of a disagreement (which shall
include any failure to agree upon a matter to be agreed upon) the parties hereto shall consult and negotiate
with one another in good faith an understanding to reach a just and equitable solution. If those attempts fail
after a period of ten (10) business days (which, for greater certainty, excludes Saturdays, Sundays and any
other day recognized as a legal holiday either in the State of Delaware or the Province of Ontario) from the
time the parties have been notified in writing of the disagreement, then every such disagreement shall be
referred to arbitration in the English language in the City of Toronto, Ontario pursuant to the Arbitration
Act (Ontario), as amended from time to time, to be held before a single arbitrator who is mutually agreed to
by the parties, provided that, if the parties are unable to agree on an arbitrator within fifteen (15) days of
receipt of the written notice, the arbitrator shall be chosen by a Judge of the Ontario Superior Court of
Justice.

Notwithstanding the failure of’ any party to
participate in the arbitration proceedings, the arbitrator may proceed to make an award and the costs of the
arbitration shall be borne as determined by the arbitrator.

The parties acknowledge and agree that the award
of the arbitrator shall be the sole and exclusive remedy of the parties and shall be enforceable in a court of
competent jurisdiction. Notwithstanding the foregoing, the parties shall be entitled to seek injunctive relief
or other equitable remedies from any court of competent jurisdiction. Except where clearly prevented by the
issue in dispute, the parties agree to continue performing their respective obligations under this Agreement
and the other related agreements entered into in connection with this Agreement while the dispute is being
resolved unless and until such obligations are terminated or expire in accordance with the provisions
hereof.

2.7 Statutory Resale Restrictions of Optioned
Shares

The Optionee acknowledges and agrees that any and
all resales of Optioned Shares owned by him will be subject to the applicable laws of the United States and
Canada, and all applicable state and/or provincial laws; as well as any other restriction imposed by
regulators or exchanges in Canada or the United States, in the event the Optioned Shares may become listed on
an exchange.

	

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2.8 Voluntary Resale
Restrictions of Optioned Shares

The Optionee acknowledges and agrees that any
resale of Optioned Shares purchased pursuant to this Agreement will be further limited to the sale of no more
than one (1%) percent of the Optioned Shares during each consecutive period of three (3) months commencing
June 1, 2007 (the “Voluntary Resale Restriction”). Such restriction shall expire on August 31, 2008.
For the purposes of this Article 2.8 only, it is deemed that any part of the Option that has vested pursuant
to the terms of Article 2.1, shall be deemed to have been exercised for the purposes of determining the number
of Optioned Shares that the Optionee holds. The Voluntary Resale Restriction shall be equally applicable to
the Optionee, the founders of the Optionor and seed investors of the Optionor (collectively referred to in
this paragraph as the “aforementioned individuals”). In the event that the Optionor relaxes these
restrictions (the “Relaxed Restriction Terms”), the Optionee will participate in the Relaxed
Restriction Terms, at his option, in any further permitted resales of Optioned Shares on a pro-rata basis with
the aforementioned individuals.

2.9 Qualifying the
Optioned Shares for Resale

The Optionor agrees to undertake to perform all
necessary steps and file the necessary documentation with the Securities and Exchange Commission (the
“Commission”) in order to properly qualify the Optioned Shares for resale in the public market
immediately after the Commission declares the Optionor’s registration statement effective.

2.10 Shareholders Agreement

In the event that the Optionor requires employees
and/or its founders and/or seed investors to enter into any voting or shareholders agreement, the Optionee
shall enter into such agreement prior to the Option exercise becoming effective. The Optionee acknowledges and
confirms that the terms in any voting or shareholder agreement may not be favourable to the Optionee.

2.11 Right of First Refusal

In the event that after the Optionee ceases to be
an employee of the Optionor, if it is the Optionee’s intention to sell any shares of the Optionor owned
by him, which shares may have been purchased either through the exercise of the Option described herein or
otherwise, the Optionee will give the Optionor written notice of his intention to do so together with the
proposed terms of sale including but not limited to the sale price (the “Sale Notice”). Upon
receiving such written notice from the Optionee, the Optionor shall have the right to purchase such shares
from the Optionee for a period of ten (10) business days from the date that the Optionee provides said written
notice to the Optionor of its intention to sell said shares on the terms set out in the Sale Notice. In the
event the Optionor does not exercise its right of first refusal as aforesaid, the Optionee shall be entitled
to sell such shares to a third party for a period of 60 days and further provided that the sale terms to such
third party are no

	

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more favourable than the terms set out in the Sale
Notice; failing which the right of first refusal provision in this paragraph shall again be applicable.

ARTICLE 3

GENERAL

3.1 Amendments and Waivers

No modification, variation, amendment or
termination by mutual consent of this Agreement and no waiver of the performance of any of the
responsibilities of any of the parties hereto shall be effected unless such action is taken in writing and is
signed by all parties. No amendment to this Agreement shall be valid or binding unless set forth in writing
and duly executed by all of the parties hereto. No waiver of any breach of any provision of this Agreement
shall be effective or binding unless made in writing and signed by the party purporting to give the same and,
unless otherwise provided in the written waiver, shall be limited to the specific breach waived.

3.2 Severability

Each of the covenants, provisions, Articles,
Sections, subsections and other subdivisions hereof is severable from every other covenant, provision,
Article, Section, subsection and the invalidity or unenforceability of any one or more covenants, provisions,
Articles, Sections, subsections or subdivisions of this Agreement shall not affect the validity or
enforceability of the remaining covenants, provisions, Articles, Sections, subsections and subdivisions
hereof.

3.3 Time of Essence

Time shall be of the essence in this
Agreement.

3.4 Notice

(1) Any notice or other written communication
required or permitted hereunder shall be in writing and:

	 	(a)	delivered personally to the party or, if the party is a corporation, an officer of the party
to whom it is directed;

	 	(b)	sent by registered mail, postage prepaid, return receipt requested (provided that such notice
or other written communication shall not be forwarded by mail if on the date of mailing the party sending such
communication knows or ought reasonably to know of any difficulties

	

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with the
postal system which might affect the delivery of mail, including the existence of actual
or imminent postal service disruption in the city from which such communication is to be
mailed or in which the address of the recipient is found); or

	 	(c)	sent by facsimile with all necessary charges fully prepaid, confirmation of delivery
requested.

(2) All such notices shall be
addressed to the party to whom it is directed at the following addresses:

	If to the Optionee:	 	A3-142 Pears Ave
Toronto, ON
M5R 1T2
	If to the Optionor: 	 	c/o Osprey Capital Partners

Suite 1705, 55 University Avenue

Toronto, Ontario
M5J 2H7

Fax (416) 867-8301

with a copy to Harris +
Harris at:

Harris + Harris LLP

Barristers and Solicitors

2355 Skymark Avenue

Suite 300

Toronto, Ontario

L4W 4Y6

Attention: Gregory H. Harris

Telephone No.: 905-629-7800

Facsimile No.: 905-629-4350

	

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(3) Any party may at any time change
its address hereunder by giving notice of such change of address to the other party or
parties in the manner specified in this section. Any such notice or other written
communication shall be effective on the day of actual delivery.

3.4 Entire Agreement

This Agreement constitutes and
contains the entire and only agreement among the parties relating to the matters described
herein and supersedes and cancels any and all previous agreements and understandings
between all or any of the parties relative hereto. Any and all prior and contemporaneous
negotiations, memoranda of understanding or position, and preliminary drafts and prior
versions of this Agreement, whether signed or unsigned, between the parties leading up to
the execution hereof shall not be used by any party to construe the terms or affect the
validity of this Agreement. There are no representations, inducements, promises,
understandings, conditions or warranties express, implied or statutory, between the
parties other than as expressly set forth in this Agreement.

3.5 Application of
Agreement

Except as hereinafter
provided, neither of the parties hereto may assign its rights or obligations under this
Agreement without the Prior written consent of the other party hereto.

3.6 Subdivision or
Consolidation of Shares

If the Optioned Shares are
changed by way of being classified or reclassified, subdivided, consolidated or converted
into a different number or class of shares or otherwise, or if the Optionor amalgamates,
the Option Price and the type of security to be delivered to the Optionee upon exercise of
the Option in whole or in part shall be adjusted accordingly, in all cases so that the
Optionee shall receive the same number and type of securities as would have resulted from
such change if the Option or the remaining part thereof had been exercised before the date
of the change.

3.7 Governing Law

This Agreement shall be
governed by and construed in accordance with the laws of the State of Delaware and the
laws of the United States applicable therein.

3.8 Execution

This Agreement may be executed
in several counterparts, each of which, when so executed, shall be deemed to be an
original, and such counterparts together shall constitute one and the same

	

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instrument. This Agreement may
be transmitted by facsimile or such similar device and the reproduction of signatures by
facsimile or such similar device will be treated as binding as if originals and each party
hereto undertakes to provide each and every other party hereto with a copy of the
Agreement bearing original signatures forthwith upon demand.

3.9 Further Assurances.

The parties shall sign such
further and other documents, cause such meetings to be held, resolutions passed and
by-laws enacted, exercise their vote and influence, do and perform and cause to be done
and performed such further and other acts and things as may be necessary or desirable in
order to give full effect to this agreement and every part thereof.

3.10 Enurement

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

IN WITNESS WHEREOF the
parties have executed this Agreement.

	SIGNED, SEALED AND DELIVERED	)		
	in the presence of:	)	 	 
	 	)	 	 
	 	)	 	 
	/s/ Trevor Michael	)	/s/ John Pritchard	 
	Witness     Trevor Michael	)	John Pritchard	 
	 	GOLD RUN INC.	 
	 	Per:	/s/ D. Richard Brown	 
	 	Name:	D. RICHARD BROWN	 
	 	Title:	CHAIRMAN	 
	 	I have authority to bind the  corporation.Exhibit 10.4

[GOLD RUN LETTERHEAD]

February 15, 2007

2120315 Ontario Inc.
1705-55
University Avenue
Toronto, ON
M5J 2H7

Attention: Mr. Trevor Michael

Gold Run Inc. (GRI)
understands that 212035 Ontario Inc. ("Company”) wishes to act as its advisor
to assist in structuring, funding and  developing GRI (the “Engagement”). This
letter is to confirm the terms and conditions under which the Company will act as Gold Run’s
advisor.

1.  Engagement

1.1  GRI
hereby engages the Company as its advisor in connection with structuring, funding and
developing the Company.

1.2  In
connection with the Engagement, the Company will perform the following services:

	 	i. 	Assist
in contacting financing agents;

	 	ii. 	Assist
in negotiating the acquisition of properties;

	 	iii. 	Assist
in developing the business strategy;

	 	iv. 	Assist
in hiring senior management;

	 	v. 	Assist
in raising financing;

	 	vi. 	Assist
in the go public process;

	 	vii. 	Assist
in hiring investor and public relations professionals;

2.  Term

2.1  This
Engagement is for an initial term of 1 month(s), (the “Term”), and will
automatically extend from month to month.  At  any time after the initial term, either
party may terminate this Engagement by providing 30 days written notice.

3.  Remuneration

3.1  GRI
hereby agrees to pay the Company the following amounts in consideration of the Company
accepting the Engagement:

(a)  A fee of CAD $10,000 per
month, beginning February 1, 2007.

(b)
Out-of-pocket expenses: the Company will be reimbursed for all reasonable out-of-pocket
expenses as agreed upon in writing by  GRI.

3.2  All
amounts described in Clause 3.1 (a) and (b) will be in addition to all applicable taxes,
including the goods and services  tax if applicable.

	

[GOLD RUN LETTERHEAD]

4.  Indemnity

4.1  It is
hereby agreed that the Company will indemnify and hold harmless Gold Run Inc. and its
partners, officers, employees,  agents and counsel (each being an “Indemnified Party”)
from and against any and all actions, suits, investigations,  proceedings and claims of
every kind whether arising under statute, regulation, action or order of a regulatory
authority or  government body, domestic or foreign, or at common law or otherwise
(collectively “Claims”) and any and all losses (excluding  loss or profits),
expenses, fees, costs, damages and liabilities (collectively “Losses”) to which
such Indemnified Party may  become subject or which such Indemnified Party may become
subject or which such Indemnified Party suffers to the extent  related to, caused by or
arising out of, directly or indirectly, the performance by an Indemnified party of the
Engagement  contemplated by this letter, including and without limitation, any reasonable
expenses incurred in connection with the  investigation of, preparation for or defense of
any pending or threatened claim or any action or proceeding arising therefrom.

5.  General

5.1  It is
hereby agreed that Gold Run and 2120315 Ontario Inc. will perform all functions required
hereunder in compliance with  all applicable securities and regulatory laws.

5.2  Each of
Gold Run Inc. and 2120315 Ontario Inc. agree that the terms of this agreement shall be
confidential and shall not be  disclosed without the prior written consent of each of the
parties hereto, except as required by law.

5.3  This
agreement shall be governed by the laws of the Province of Ontario and the federal laws
of Canada applicable thereto and  the parties to this agreement hereby irrevocably attorn
to the Courts of the Province of Ontario.

If you are in agreement with
the terms and conditions of this letter, please indicate your acceptance therein by
signing one copy and  returning it to Gold Run Inc.

	Yours truly,
GOLD RUN INC.

/s/ John M Pritchard	 
	John M Pritchard
Chief Executive Officer

The foregoing is accepted and
agreed to this 1st day of February, 2007.

	2120351 Ontario Inc.

/s/ Trevor Michael	 
	Trevor Michael
President

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