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• <br />• <br />2070 <br />P <br />I1I■II��1 98117/20619 394:07 <br />I ` 0.90 <br />B County Clerk. CO AG R WOO <br />Boulder <br />RIGHT TO REDEEM AND RE- ACQUIRE AGREEMENT <br />n <br />THIS AGREEMENT made of the day of " ■ \ . — , 1999 <br />AARDVARK AGENCIES INC., a Washington corporation having <br />a business office at 1001 4 Avenue Plaza, Suite 3300, Seattle, <br />Washington 98154 <br />BETWEEN: <br />AND: <br />( "Aardvark") <br />CALAIS RESOURCES COLORADO, INC., a Nevada <br />corporation having an office for delivery located at Unit 5, 9375 <br />Mary St., Chilliwack, British Columbia V2P 4G9 <br />( "Calais ") <br />ZSmyfilesSjdn endrickrinlaisgenSAarevatk Calais Agreement <br />1 <br />OF THE FIRST PART <br />OF THE SECOND PART <br />WHEREAS: <br />A. Calais has arranged for the assignment to Aardvark of a right to acquire an <br />undivided one hundred percent (100 %) interest in and to those certain mineral and land interests <br />which are more particularly described in Schedule "A" attached hereto and forming a material <br />part of this Agreement (the "Property") which lands Aardvark has proceeded to acquire; and <br />B. Aardvark wished to grant to Calais the right to redeem the Property and re- acquire <br />the Property on the terms and subject to the conditions as are more particularly set forth herein. <br />NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the <br />mutual covenants and agreements hereinafter contained and other good and valuable consideration, <br />the receipt and sufficiency of which are hereby acknowledged and confirmed, the parties hereto <br />agree as follows: <br />