GEOCOM RESOURCES INC
FORM OF SUBSCRIPTION
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>exhibit10-2.htm
<DESCRIPTION>FORM OF SUBSCRIPTION
<TEXT>
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<P align=center><B>SECURITIES PURCHASE AGREEMENT </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This
Securities Purchase Agreement (this "Agreement") is dated as of November 7,
2007, by and between Geocom Resources Inc., a Nevada corporation (the
"Company"), and the Investors identified on the signature pages attached hereto
(each an "Investor" and collectively the "Investors").</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; WHEREAS,
the Company and the Investors are executing and delivering this Agreement in
reliance upon the exemption from securities registration afforded by the
provisions of Regulation D ("Regulation D"), as promulgated by the U.S.
Securities and Exchange Commission (the "SEC") under the <I>Securities Act</I>
of 1933, as amended (the "<I>Securities Act</I>"), subject to the terms and
conditions set forth in this Agreement; and </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; WHEREAS,
The Investors wish to purchase from the Company, and the Company wishes to sell
and issue to the Investors, upon the terms and conditions stated in this
Agreement, in the amounts set forth beneath such Investor's name on the
Investor's signature page, an aggregate of 500,000 units in the capital of the
Company (the "Units") at a price of $0.20 per Unit. Each Unit will consist of
one common share in the capital of the Company (each, a &#147;Share&#148;) and one common
share purchase warrant (each, a &#147;Warrant&#148;) subject to adjustment. Each Warrant
shall be non-transferable and shall entitle the holder thereof to purchase one
share of common stock in the capital of the Company (each, a &#147;Warrant Share&#148;),
as presently constituted, for a period of one year commencing from the Closing
(as defined hereafter), at a price per Warrant Share of $0.25. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NOW
THEREFORE, in consideration of the mutual covenants contained in this Agreement,
and for other good and valuable consideration the receipt and adequacy of which
are hereby acknowledged, the Company and each Investor hereby agrees as follows:
</P>
<P align=center><B>ARTICLE 1</B><B> <BR>DEFINITIONS </B></P>
<P align=justify>1.1&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<U>Definitions</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In
addition to the terms defined elsewhere in this Agreement, the following terms
have the meanings indicated in this Section 1.1: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>"Affiliate" means any Person that, directly or indirectly
      through one or more intermediaries, controls or is controlled by or is
      under common control with a Person, as such terms are used in and
      construed under Rule 144 under the <I>Securities Act</I>.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>"B.C. Act" means the <I>Securities Act </I>(British
      Columbia).</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>"BCSC" means the British Columbia Securities
      Commission.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(d) </TD>
    <TD>
      <P align=justify>"Clark Wilson LLP" means the Company's
  attorneys.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(e) </TD>
    <TD>
      <P align=justify>"Closing" means the closing of the purchase and sale of
      the Securities pursuant to Section 2.2 hereof.</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(f) </TD>
    <TD>
      <P align=justify>"Closing Date" shall have the meaning ascribed to such
      term in Section 2.3 hereof.</P></TD></TR></TABLE><BR>
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<P align=center>- 2 - </P>
<TABLE
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  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(g) </TD>
    <TD colSpan=2>
      <P align=justify>"Control" means the possession, direct or indirect, of
      the power to direct or cause the direction of the management and policies
      of a Person, whether through the ownership of voting securities, by
      contract or otherwise.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(h) </TD>
    <TD colSpan=2>
      <P align=justify>"Exchange Act" means the Securities Exchange Act of 1934,
      as amended.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD colSpan=2>
      <P align=justify>"GAAP" shall have the meaning ascribed to such term in
      Section 3.8 hereof.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(j) </TD>
    <TD colSpan=2>
      <P align=justify>"Holder" or "Holders" means the holder or holders, as the
      case may be, from time to time of Registrable Securities.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(k) </TD>
    <TD colSpan=2>
      <P align=justify>"Material Adverse Effect" means a material adverse effect
      on:</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>the assets, liabilities, results of operations, condition
      (financial or otherwise), business or prospects of the Company and its
      Subsidiaries taken as a whole; or</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>the ability of the Company to issue and sell the
      Securities contemplated hereby and to perform its obligations under this
      Agreement.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(l) </TD>
    <TD colSpan=2>
      <P align=justify>"OTCBB" means The National Association of Securities
      Dealers Inc.'s over-the-counter bulletin board.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(m) </TD>
    <TD colSpan=2>
      <P align=justify>"Person" means an individual or corporation, partnership,
      trust, incorporated or unincorporated association, joint venture, limited
      liability company, joint stock company, government (or an agency or
      subdivision thereof) or other entity of any kind.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(n) </TD>
    <TD colSpan=2>
      <P align=justify>"Registrable Securities" means all of the Shares and any
      securities issued or issuable upon any stock split, dividend or other
      distribution recapitalization or similar event with respect to the
      foregoing.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(o) </TD>
    <TD colSpan=2>
      <P align=justify>"Registration Statement" means the registration statement
      to be filed by the Company pursuant to Section 7.1 hereof.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(p) </TD>
    <TD colSpan=2>
      <P align=justify>"Required Approvals" shall have the meaning ascribed to
      such term in Section 3.5 hereof.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(q) </TD>
    <TD colSpan=2>
      <P align=justify>"SEC Reports" shall have the meaning ascribed to such
      term in Section 3.8 hereof.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(r) </TD>
    <TD colSpan=2>
      <P align=justify>"Securities" means the Shares.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(s) </TD>
    <TD colSpan=2>
      <P align=justify>"Subscription Amount" means, as to each Investor, the
      amount to be paid for the Units hereunder, as set forth beneath such
      Investor's name on the Investor's signature page, in United States Dollars
      and in immediately available funds.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(t) </TD>
    <TD colSpan=2>
      <P align=justify>"Subsidiary" means any subsidiary of the Company as set
      forth in the Company's SEC Reports.</P></TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
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<A name=page_3></A>
<P align=center>- 3 - </P>
<P align=center><B>ARTICLE 2</B><B> <BR>PURCHASE AND SALE </B></P>
<P align=justify>2.1&nbsp;&nbsp;&nbsp;&nbsp; <U>Purchase and Sale of the
Units</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subject
to the terms and conditions of this Agreement, on the Closing Date, each of the
Investors shall severally, and not jointly, purchase, and the Company shall sell
and issue to the Investors, the Shares in the amount set forth beneath such
Investor's name on the Investor's signature page in exchange for the
Subscription Amount (reflecting a per Unit purchase price of $0.20) as specified
in Section 2.2 below. </P>
<P align=justify>2.2&nbsp;&nbsp;&nbsp; &nbsp;<U>Closing</U> </P>
<TABLE
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  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>Upon the terms and subject to the conditions set forth
      herein, concurrently with the execution and delivery of this Agreement by
      the parties hereto, each Investor shall deliver to the Company's
      attorneys, Clark Wilson LLP, via wire transfer or a certified check
      immediately available funds equal to such Investor's Subscription Amount
      and shall simultaneously deliver or cause to be delivered this Agreement
      to the offices of the Company, duly executed by such Investor. The
      following are the wiring instructions for Clark Wilson
  LLP:</P></TD></TR></TABLE><BR>
<DIV align=center>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="60%" border=1>

  <TR vAlign=top>
    <TD align=left><B>HSBC BANK USA, NEW YORK</B> <BR><B>ABA:</B> <BR><B>SWIFT
      CODE:</B> <BR><B>ACCOUNT NO.:</B> </TD></TR>
  <TR>
    <TD>&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left><B><I>For further credit to:</I></B> </TD></TR>
  <TR>
    <TD><BR><BR><BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><B>ACCOUNT NAME:</B> <BR><B>U.S. TRUST ACCOUNT NO.:</B>
      <BR><B>TRANSIT NO.:</B> <BR><B>BANK CODE:</B>
</TD></TR></TABLE></DIV><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD colSpan=2>
      <P align=justify><B><I>PLEASE INSTRUCT THE BANK TO QUOTE THE INVESTOR'S
      NAME AND THE COMPANY'S FILE NO.</I></B></P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD colSpan=2>
      <P align=justify>The Company, within three business days after the Closing
      Date, and after confirming receipt of this Agreement executed by the
      Investor and being advised by Clark Wilson LLP that Clark Wilson LLP has
      received the Subscription Amount for the Closing, shall deliver to each
      Investor the following via overnight delivery service:</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>a stock certificate for the number of Shares subscribed,
      registered in the name of such Investor; and</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>this Agreement, duly executed by the
  Company.</P></TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
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<A name=page_4></A>
<P align=center>- 4 - </P>
<TABLE
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  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>The Company may at any time prior to receipt of such
      aggregate amount, in its sole discretion, terminate this offering of the
      Securities and accept or reject (in whole or in part) any Investor's
      subscription then in its receipt. In the event of such rejection, the
      Investor's payment (or, in the case of rejection of a portion of the
      Investor's subscription, the part of the payment relating to such rejected
      portion) will be returned promptly to the Investor, without interest. Each
      Investor understands that all payments to Clark Wilson LLP shall be
      deposited in a non-interest bearing escrow
account.</P></TD></TR></TABLE>
<P align=justify>2.3&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<U>Conditions To Closing</U>
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Upon
satisfaction or waiver by the party sought to be benefited thereby of the
conditions set forth in this Section 2.3, the Closing shall occur on or before
November 7, 2007, at the offices of the Company or such other date as is
determined by the Company. The date that the Closing actually occurs shall be
known as the "Closing Date." </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>All representations and warranties of the other party
      contained herein shall remain true and correct as of the Closing Date and
      all covenants of the other party shall have been performed if due prior to
      such date.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>There shall have been no Material Adverse Effect with
      respect to the Company since the date hereof.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>No stop order or suspension of trading shall have been
      imposed by the OTCBB, the SEC or any other governmental regulatory body
      with respect to the public trading in the Common Stock.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(d) </TD>
    <TD>
      <P align=justify>there shall have been a minimum of $600,000 in total
      Subscription Amounts pursuant to this offering.</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clark
Wilson LLP is authorized to rely on a representation from an officer or director
of the Company that the conditions have been satisfied, without further inquiry.
Clark Wilson LLP is further authorized and instructed to deliver the Investor's
Subscription Amount to the Company at Closing. </P>
<P align=center><B>ARTICLE 3</B><B> <BR></B><B>REPRESENTATIONS AND WARRANTIES OF
THE COMPANY </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company hereby makes the representations and warranties set forth below to each
Investor. </P>
<P align=justify>3.1&nbsp;&nbsp;&nbsp;&nbsp; <U>Organization, Good Standing and
Qualification</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each of
the Company and its Subsidiaries is a corporation duly organized, validly
existing and in good standing under the laws of the jurisdiction of its
incorporation and has all requisite corporate power and authority to carry on
its business as now conducted and to own its properties. Each of the Company and
its Subsidiaries is duly qualified to do business as a foreign corporation and
is in good standing in each jurisdiction in which the conduct of its business or
its ownership or leasing of property makes such qualification or leasing
necessary unless the failure to so qualify has not and could not reasonably be
expected to have a Material Adverse Effect.</P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_5></A>
<P align=center>- 5 - </P>
<P align=justify>3.2&nbsp;&nbsp;&nbsp; &nbsp;<U>Authorization</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company has the requisite power and authority and has taken all requisite action
on the part of the Company, its officers, directors and stockholders necessary
for: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>the authorization, execution and delivery of this
      Agreement;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>authorization of the performance of all obligations of
      the Company hereunder or thereunder; and</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>the authorization, issuance (or reservation for issuance)
      and delivery of the Securities. This Agreement constitutes legal, valid
      and binding obligations of the Company, enforceable against the Company in
      accordance with its terms, subject to bankruptcy, insolvency, fraudulent
      transfer, reorganization, moratorium and similar laws of general
      applicability, relating to or affecting creditors' rights
  generally.</P></TD></TR></TABLE>
<P align=justify>3.3&nbsp;&nbsp;&nbsp; &nbsp;<U>Capitalization</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Schedule
3.3 sets forth: </P>
<TABLE
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cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>the authorized capital stock of the Company on the date
      hereof;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>the number of shares of capital stock issued and
      outstanding;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>the number of shares of capital stock issuable pursuant
      to the Company's stock plans; and</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(d) </TD>
    <TD>
      <P align=justify>the number of shares of capital stock issuable and
      reserved for issuance pursuant to securities (other than the Shares)
      exercisable for, or convertible into or exchangeable for any shares of
      capital stock of the Company.</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All of
the issued and outstanding shares of the Company's capital stock have been duly
authorized and validly issued and are fully paid, nonassessable and were issued
in full compliance with applicable law and any rights of third parties. Except
as disclosed on Schedule 3.3, no Person is entitled to preemptive or similar
statutory or contractual rights with respect to any securities of the Company.
Except as disclosed on Schedule 3.3, there are no outstanding warrants, options,
convertible securities or other rights, agreements or arrangements of any
character under which the Company is or may be obligated to issue any equity
securities of any kind, and except as contemplated by this Agreement, neither
the Company nor any Subsidiary is currently in negotiations for the issuance of
any equity securities of any kind. Except as disclosed on Schedule 3.3, there
are no voting agreements, buy-sell agreements, options or rights of first
purchase agreements or other agreements of any kind among the Company and any of
the security holders of the Company relating to the securities of the Company
held by them. Except as disclosed in Schedule 3.3, the Company has not granted
any Person the right to require the Company to register any securities of the
Company under the <I>Securities Act</I>, whether on a demand basis or in
connection with the registration of securities of the Company for its own
account or for the account of any other Person. </P>
<P align=justify>3.4&nbsp;&nbsp;&nbsp; &nbsp;<U>No Conflicts</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
execution, delivery and performance of this Agreement by the Company and the
consummation by the Company of the transactions contemplated thereby do not and
will not: </P>
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<P align=center>- 6 - </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>conflict with or violate any provision of the Company's
      certificate or articles of incorporation, bylaws or other organizational
      or charter documents; or</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>subject to obtaining the Required Approvals, conflict
      with, or constitute a default (or an event that with notice or lapse of
      time or both would become a default) under, or give to others any rights
      of termination, amendment, acceleration or cancellation (with or without
      notice, lapse of time or both) of, any agreement, credit facility, debt or
      other instrument or other understanding to which the Company is a party or
      by which any property or asset of the Company is bound or affected;
    or</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>result, in a violation of any law, rule, regulation,
      order, judgment, injunction, decree or other restriction of any court or
      governmental authority to which the Company is subject (including federal
      and state securities laws and regulations), or by which any property or
      asset of the Company is bound or affected; except in the case of each of
      the foregoing clauses, such as could not, individually or in the
      aggregate, have or result in a Material Adverse
Effect.</P></TD></TR></TABLE>
<P align=justify>3.5&nbsp;&nbsp;&nbsp; &nbsp;<U>Filings, Consents and
Approvals</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; To the
Company's actual knowledge, the Company is not required to obtain any consent,
waiver, authorization or order of, give any notice to, or make any filing or
registration with, any court or other federal, state, local or other
governmental authority or other Person in connection with the execution,
delivery and performance by the Company of this Agreement other than: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>the filing with the SEC of the Registration Statement;
      and</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>the filing of Form D with the SEC and applicable state
      law filings.</P></TD></TR></TABLE>
<P style="MARGIN-LEFT: 5%" align=justify>(collectively, the "Required
Approvals"). </P>
<P align=justify>3.6&nbsp;&nbsp;&nbsp;&nbsp; <U>Issuance of the Securities</U>
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Securities are duly authorized and, when issued and paid for in accordance with
this Agreement will be duly and validly issued, fully paid and non-assessable,
free and clear of all liens. The Company has not, and to the actual knowledge of
the Company, no Affiliate of the Company has sold, offered for sale or solicited
offers to buy or otherwise negotiated in respect of any security (as defined in
Section 2 of the <I>Securities Act</I>) that would be integrated with the offer
or sale of the Securities in a manner that would require the registration under
the <I>Securities Act</I> of the sale of the Securities to the Investors. </P>
<P align=justify>3.7&nbsp;&nbsp;&nbsp;&nbsp; <U>Use of Proceeds</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
proceeds of the sale of the Securities hereunder shall be used by the Company to
continue development of the Iliamna Project, Alaska; the La Carolina Project,
Argentina; the Santa Rosa, Marcelita and Cucaracha Projects in Chile, and
additional exploration opportunities as identified and developed by Company
personnel and for working capital. </P>
<P align=justify>3.8&nbsp;&nbsp;&nbsp; &nbsp;<U>SEC Reports; Financial
Statements</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company has filed all reports required to be filed by it under the <I>Exchange
Act</I>, including pursuant to Section 13(a) or 15(d) thereof, for the one year
preceding the date hereof (or such shorter </P>
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<P align=center>- 7 - </P>
<P align=justify>period as the Company was required by law to file such
material) (the foregoing materials being collectively referred to herein as the
"SEC Reports") on a timely basis or has received a valid extension of such time
of filing and has filed any such SEC Reports prior to the expiration of any such
extension. The Company has identified and made available to the Investors a copy
of all SEC Reports filed within the 10 days preceding the date hereof. As of
their respective dates, to the actual knowledge of the Company, the SEC Reports
complied in all material respects with the requirements of the <I>Securities
Act</I> and the <I>Exchange Act</I> and the rules and regulations of the SEC
promulgated thereunder, and none of the SEC Reports, when filed, 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 under which they were made, not misleading. To the
Company's actual knowledge, the financial statements of the Company included in
the SEC Reports comply in all material respects with applicable accounting
requirements and the rules and regulations of the Commission with respect
thereto as in effect at the time of filing. Such financial statements have been
prepared in accordance with generally accepted accounting principles applied on
a consistent basis during the periods involved ("GAAP"), except as may be
otherwise specified in such financial statements or the notes thereto, and
fairly present in all material respects the consolidated financial position of
the Company and its Subsidiaries as of and for the dates thereof and the results
of operations and cash flows for the periods then ended, subject, in the case of
unaudited statements, to normal, immaterial, year-end audit adjustments. </P>
<P align=justify>3.9&nbsp;&nbsp;&nbsp; &nbsp;<U>Material Changes</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Since
the date of the latest audited financial statements included within the SEC
Reports, except as specifically disclosed in the SEC Reports: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD colSpan=2>
      <P align=justify>there has been no event, occurrence or development that
      has had or that could result in a Material Adverse Effect;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD colSpan=2>
      <P align=justify>the Company has not incurred any liabilities (contingent
      or otherwise) other than:</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>trade payables and accrued expenses incurred in the
      ordinary course of business consistent with past practice; and</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>liabilities not required to be reflected in the Company's
      financial statements pursuant to GAAP or required to be disclosed in
      filings made with the SEC;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD colSpan=2>
      <P align=justify>the Company has not altered its method of accounting or
      the identity of its auditors;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(d) </TD>
    <TD colSpan=2>
      <P align=justify>the Company has not declared or made any dividend or
      distribution of cash or other property to its common stockholders or
      purchased, redeemed or made any agreements to purchase or redeem any
      shares of its capital stock; and</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(e) </TD>
    <TD colSpan=2>
      <P align=justify>the Company has not issued any equity securities to any
      officer, director or Affiliate, except pursuant to the Company's existing
      stock option or similar plans.</P></TD></TR></TABLE>
<P align=justify>3.10&nbsp;&nbsp; &nbsp;<U>Litigation</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; There is
no action, suit, inquiry, notice of violation, proceeding or investigation
pending or, to the actual knowledge of the Company, threatened against or
affecting the Company, any Subsidiary or any of their respective properties
before or by any court, arbitrator, governmental or administrative agency or
regulatory authority (federal, state, county, local or foreign) (collectively,
an "Action") which: </P>
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<P align=center>- 8 - </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>adversely affects or challenges the legality, validity or
      enforceability of this Agreement or the Securities; or</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>could, if there were an unfavorable decision,
      individually or in the aggregate, have or reasonably be expected to result
      in a Material Adverse Effect.</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; There
has not been, and to the actual knowledge of the Company, there is not pending
or contemplated, any investigation by the Commission involving the Company or
any current or former director or officer of the Company. The SEC has not issued
any stop order or other order suspending the effectiveness of any registration
statement filed by the Company under the <I>Exchange Act</I> or the
<I>Securities Act</I>. </P>
<P align=justify>3.11&nbsp;&nbsp; &nbsp;<U>Compliance</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>is not in default under or in violation of (and, to the
      Company's actual knowledge, no event has occurred that has not been waived
      that, with notice or lapse of time or both, would result in a default by
      the Company under), nor has the Company received notice of a claim that it
      is in default under or that it is in violation of, any indenture, loan or
      credit agreement or any other agreement or instrument to which it is a
      party or by which it or any of its properties is bound (whether or not
      such default or violation has been waived);</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>is not in violation of any order of any court, arbitrator
      or governmental body; or</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>to the Company's actual knowledge, is not in violation of
      any statute, rule or regulation of any governmental authority, except in
      each case as could not, individually or in the aggregate, have or result
      in a Material Adverse Effect.</P></TD></TR></TABLE>
<P align=justify>3.12&nbsp;&nbsp; &nbsp;<U>Labor Relations</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No
material labor dispute exists or, to the actual knowledge of the Company, is
imminent with respect to any of the employees of the Company. </P>
<P align=justify>3.13&nbsp;&nbsp; &nbsp;<U>Regulatory Permits</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company possesses all certificates, authorizations and permits issued by the
appropriate federal, state, local or foreign regulatory authorities necessary to
conduct its businesses as described in the SEC Reports, except where the failure
to possess such permits could not, individually or in the aggregate, have or
reasonably be expected to result in a Material Adverse Effect ("Material
Permits"), and the Company has not received any notice of proceedings relating
to the revocation or modification of any Material Permit. </P>
<P align=justify>3.14&nbsp;&nbsp; &nbsp;<U>Title To Assets</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company has good and marketable title in and to all property owned by the
Company and that is material to its business, free and clear of all liens,
except for liens as do not materially affect the value of such property and do
not materially interfere with the use made and proposed to be made of such
property by the Company. Any property and facilities held under lease by the
Company and the Subsidiaries are held under valid, subsisting and enforceable
leases concerning which the Company is in compliance. </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_9></A>
<P align=center>- 9 - </P>
<P align=justify>3.15&nbsp;&nbsp; &nbsp;<U>Private Placement</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assuming
the accuracy of the representations and warranties of the Investors set forth in
Article IV hereof, the offer, issuance and sale of the Securities to the
Investors as contemplated hereby are exempt from the registration requirements
of the <I>Securities Act</I>. </P>
<P align=justify>3.16&nbsp;&nbsp; &nbsp;<U>Listing Requirements</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain
market makers make a market in the Company's Common Stock for quotation on the
OTCBB. There are no proceedings pending or, to the Company's actual knowledge,
threatened against the Company relating to the continued quotation of the
Company's Common Stock on the OTCBB, and the Company has not received any notice
of, nor to the Company's actual knowledge is there any basis for, the Common
Stock to cease to be quoted on the OTCBB. </P>
<P align=justify>3.17&nbsp;&nbsp; &nbsp;<U>Disclosure</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; To the
actual knowledge of the Company, neither the Company nor any Person acting on
its behalf has provided the Investors or their agents or counsel with any
information that constitutes or might constitute material, non-public
information. The written information relating to the Company, its business, the
Subsidiaries and the transactions contemplated hereby delivered to the Investors
in connection with the transactions contemplated by this Agreement does not
contain any untrue statement of a material fact or omit to state a material fact
necessary in order to make the statements contained therein, in light of the
circumstances under which they were made, not misleading. </P>
<P align=justify>3.18&nbsp;&nbsp; &nbsp;<U>Brokers and Finders</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A
finder's fee of 8% in cash and 10% in warrants will be payable in connection
with the transactions contemplated in this Agreement to parties who successfully
introduce Investors. </P>
<P align=justify>3.19&nbsp;&nbsp; &nbsp;<U>No General Solicitation</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Neither
the Company nor any Person acting on its behalf has conducted any general
solicitation or general advertising (as those terms are used in Regulation D) in
connection with the offer or sale of any of the Securities. </P>
<P align=center><B>ARTICLE 4</B><B> <BR></B><B>REPRESENTATIONS AND WARRANTIES OF
THE INVESTORS </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each
Investor hereby, for itself and for no other Investor, represents and warrants
to the Company as follows: </P>
<P align=justify>4.1&nbsp;&nbsp; &nbsp;&nbsp;<U>Organization; Authority</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Investor, if not an individual, is an entity duly organized, validly existing
and in good standing under the laws of the jurisdiction of its organization with
the requisite power and authority to enter into and to consummate the
transactions contemplated by this Agreement and otherwise to carry out its
obligations hereunder. The purchase by Investor of the Securities hereunder has
been duly authorized by all necessary action on the part of Investor. This
Agreement has been duly executed by Investor, and when delivered by Investor in
accordance with the terms hereof, will constitute the valid and legally binding
obligation of Investor, enforceable against it in accordance with its terms.
</P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
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<P align=center>- 10 - </P>
<P align=justify>4.2&nbsp;&nbsp;&nbsp; &nbsp;<U>Investment Intent</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investor
is acquiring the Securities as principal for its own account for investment
purposes only and not with a view to or for distributing or reselling such
Securities or any part thereof, without prejudice, however, to Investor's right,
subject to the provisions of this Agreement, at all times to sell or otherwise
dispose of all or any part of such Securities pursuant to an effective
registration statement under the <I>Securities Act</I> or under an exemption
from such registration and in compliance with applicable federal and state
securities laws. Nothing contained herein shall be deemed a representation or
warranty by Investor to hold Securities for any period of time. Investor is
acquiring the Securities hereunder in the ordinary course of its business.
Investor does not have any agreement or understanding, directly or indirectly,
with any Person to distribute any of the Securities. </P>
<P align=justify>4.3&nbsp;&nbsp;&nbsp; &nbsp;<U>Investor Status</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; At the
time Investor was offered the Securities, it was, and at the date hereof it is,
an "accredited investor" as defined in Rule 501(a) under the <I>Securities
Act</I>, and has completed an Accredited Investor Questionnaire in the form
attached herein immediately after the Investor's signature page. Investor has
not been formed solely for the purpose of acquiring the Securities. Investor is
not a registered broker-dealer under Section 15 of the <I>Exchange Act</I>. </P>
<P align=justify>4.4&nbsp;&nbsp;&nbsp; &nbsp;<U>Investment Experience</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Investor, either alone or together with its representatives, has such knowledge,
sophistication and experience in business and financial matters so as to be
capable of evaluating the merits and risks of the prospective investment in the
Securities, and has so evaluated the merits and risks of such investment.
Investor recognizes that investment in the Securities involves substantial
risks, including loss of the entire amount of such investment, and Investor is
able to bear the economic risk of investment in the Securities and to afford a
complete loss of such investment. </P>
<P align=justify>4.5&nbsp;&nbsp;&nbsp; &nbsp;<U>General Solicitation</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investor
is not purchasing the Securities as a result of any advertisement, article,
notice or other communication regarding the Securities published in any
newspaper, magazine or similar media or broadcast over television or radio or
presented at any seminar or any other general solicitation or general
advertisement. </P>
<P align=justify>4.6&nbsp;&nbsp;&nbsp; &nbsp;<U>Short Sales</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; From the
date of this Agreement until the filing of the Registration Statement, Investor
represents and warrants that it shall not engage in short sales of the Company's
Common Stock, as that term is defined in applicable SEC rules. </P>
<P align=justify>4.7&nbsp;&nbsp;&nbsp; &nbsp;<U>Disclosure of Information</U>
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investor
has received, read, carefully considered, and fully understands this Agreement,
the SEC Reports and all documents related to the Company and its operations
required by and furnished to such Investor. In making its decision to invest in
the Securities, Investor has relied upon the independent investigations made by
Investor and by Investor's own professional advisors. Investor and its advisors,
if any, have been given the opportunity to obtain information and to examine
this Agreement and certain other information regarding the Company and to ask
questions of, and to receive answers from the Company or any Person acting on
the Company's behalf concerning the Securities, the Company, and </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_11></A>
<P align=center>- 11 - </P>
<P align=justify>terms and conditions of this investment, and to obtain any
additional information to verify the accuracy of any information previously
furnished. All such questions have been answered to Investor's full
satisfaction. </P>
<P align=justify>4.8&nbsp;&nbsp; &nbsp;<U>Irrevocability of Subscription</U>
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investor
agrees that the Investor's subscription shall be irrevocable by Investor, that,
except as required by applicable law, and that Investor shall not be entitled to
cancel, terminate or revoke this Agreement or any of Investor's obligations
hereunder.</P>
<P align=justify>4.9&nbsp;&nbsp; &nbsp;<U>Restricted Securities</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investor
understands that: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>the Securities have not been registered under the
      <I>Securities Act </I>because of their issuance in a transaction exempt
      from the registration requirements of the <I>Securities Act</I>;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>subject to Section 7, the Securities must be held by
      Investor indefinitely (without limiting the Company's obligation hereunder
      to file the Registration Statement) unless a subsequent disposition
      thereof is registered under the <I>Securities Act </I>or is exempt from
      such registration; and</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>the Securities will bear the legends to such effect set
      forth in Section 5.1(b) hereof.</P></TD></TR></TABLE>
<P align=justify>4.10&nbsp;&nbsp; &nbsp;<U>British Columbia Resale
Restrictions</U> </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>The Investor acknowledges that the Shares are subject to
      resale restrictions in British Columbia and may not be traded in British
      Columbia except as permitted by the <I>B.C. Act </I>and the rules made
      thereunder.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>Pursuant to Multilateral Instrument 45-102, as adopted by
      the BCSC, a subsequent trade in the Shares will be a distribution subject
      to the prospectus and registration requirements of applicable Canadian
      securities legislation (including the <I>B.C. Act</I>) unless certain
      conditions are met, which conditions include a hold period (the "Canadian
      Hold Period") that shall have elapsed from the date on which the
      Securities were issued to the Subscriber and, during the currency of the
      Canadian Hold Period, any certificate representing the Shares is to be
      imprinted with a restrictive legend (the "Canadian Legend").</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>By executing and delivering this Agreement, the Investor
      will have directed the Company not to include the Canadian Legend on any
      certificates representing the Shares to be issued to the
  Investor.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(d) </TD>
    <TD>
      <P align=justify>As a consequence, the Investor will not be able to rely
      on the resale provisions of Multilateral Instrument 45-102, and any
      subsequent trade in the Shares during or after the Canadian Hold Period
      will be a distribution subject to the prospectus and registration
      requirements of Canadian securities legislation, to the extent that the
      trade is at that time subject to any such Canadian securities
      legislation.</P></TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_12></A>
<P align=center>- 12 - </P>
<P align=justify>4.11&nbsp;&nbsp; &nbsp;<U>Confidentiality and non-use of
Confidential information</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company may provide or may have provided to the Investor confidential
information for the purpose of the Investor evaluating its potential investment
in the Company. &#147;Confidential information&#148; includes all information about the
Company that has not been disclosed to the public by the Company, including but
not limited to a potential acquisition of properties by the Company. The
Investor agrees that it will not use the confidential information for any
purpose except its analysis of the investment decision regarding the Company;
that it will not disclose the confidential information to any party except those
professional advisors who are assisting the Investor with its investment
decision after warning the professional advisors of the confidentiality of such
information; and will not trade in the securities of the Company while in
possession of confidential information for so long as the confidential
information has not been disclosed to the public. The Investor agrees to sign
any confidentiality agreement as may be presented regarding the disclosure of
confidential information, but the presence or absence of such further agreement
will not detract from the duties of the Investor as set out in this clause.</P>
<P align=center><B>ARTICLE 5</B><B> <BR>COVENANTS AND AGREEMENTS </B></P>
<P align=justify>5.1&nbsp;&nbsp;&nbsp; &nbsp;<U>Transfer Restrictions</U> </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>The Securities may only be disposed of in compliance with
      state and federal securities laws. In connection with any transfer of
      Securities, other than pursuant to an effective registration statement or
      a transfer to the Company or to an Affiliate of an Investor, the Company
      may require the transferor thereof to provide to the Company an opinion of
      counsel selected by the transferor and reasonably acceptable to the
      Company, the form and substance of which opinion to be reasonably
      satisfactory to the Company, to the effect that such transfer does not
      require registration of such transferred Securities under the
      <I>Securities Act</I>. As a condition of any transfer, Investor shall have
      notified the Company of concerning the proposed disposition, and any such
      transferee shall agree in writing to be bound by the terms of this
      Agreement and shall have the rights of an Investor under this
      Agreement.</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>Investor agrees to the imprinting of the following legend
      on any certificate evidencing the Securities:</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%"></TD>
    <TD>
      <P align=justify>"THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN
      REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR
      UNDER THE SECURITIES LAWS OF CERTAIN STATES. THE SECURITIES REPRESENTED
      HEREBY ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY
      NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE ACT AND ANY
      APPLICABLE STATE SECURITIES LAWS, PURSUANT TO REGISTRATION OR EXEMPTION
      THEREFROM. THE ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF
      COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER OF THE SECURITIES
      TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH
      THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS."</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>An Investor may from time to time pledge pursuant to a
      bona fide margin account or grant a security interest in some or all of
      the Securities, provided the pledge or secured party is an accredited
      investor and, if required under the terms of such transaction,
  such</P></TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_13></A>
<P align=center>- 13 - </P>
<P align=justify>Investor may transfer possession of the pledged or secured
Securities to the pledgees or secured parties. Notice of such pledge or transfer
shall be given to the Company, but such pledge or transfer will not be subject
to approval or consent of the Company and no legal opinion of legal counsel to
the pledgee, secured party or pledgor shall be required in connection with the
pledge, but the legend set forth in Section 5.1(b) hereof shall remain on the
pledged Securities, and such legal opinion may be required in connection with a
foreclosure by the pledgee or secured party or a subsequent transfer following
default by the Investor. </P>
<P align=justify>5.2&nbsp;&nbsp;&nbsp; &nbsp;<U>Integration</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company shall not, and shall use commercially reasonable efforts to ensure that
no Affiliate of the Company shall, sell, offer for sale or solicit offers to buy
or otherwise negotiate in respect of any security (as defined in Section 2 of
the <I>Securities Act</I>) that will be integrated with the offer or sale of the
Securities in a manner that would require the registration under the
<I>Securities Act</I> of the sale of the Securities to the Investors. </P>
<P align=justify>5.3&nbsp;&nbsp;&nbsp;&nbsp; <U>Listing of Shares</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If the
Company applies to have its Common Stock or other securities traded on any other
principal stock exchange or market, it shall include in such application the
Shares and will take such other action as is necessary to cause such Common
Stock to be so listed. The Company will use commercially reasonable efforts to
comply in all respects with the Company's reporting, filing and other
obligations under the bylaws or rules of such market or exchange, as applicable.
</P>
<P align=justify>5.4&nbsp;&nbsp;&nbsp;&nbsp; <U>Press Release and 8-K</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On or
promptly following the Closing Date, the Company shall issue a press release
reasonably acceptable to the Investors disclosing the material terms of the
transactions contemplated hereby and file a Current Report on Form 8-K
disclosing the transactions contemplated hereby and including this Agreement as
exhibits to such Form 8-K. In addition, the Company will make such other filings
and notices in the manner and time required by the SEC. </P>
<P align=justify>5.5&nbsp;&nbsp;&nbsp; &nbsp;<U>No Material Non-Public
Information</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company covenants and agrees that neither it nor any other Person acting on its
behalf will provide any Investor or its agents or counsel with any information
that the Company believes constitutes material non-public information, unless
prior thereto such Investor shall have executed a written agreement regarding
the confidentiality and use of such information. The Company understands and
confirms that each Investor shall be relying on the foregoing representations in
effecting transactions in the Securities of the Company. </P>
<P align=center><B>ARTICLE 6</B><B> <BR>INDEMNIFICATION </B></P>
<P align=justify>6.1&nbsp;&nbsp;&nbsp;&nbsp; <U>Indemnification</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each
party (the "Indemnifying Party") will indemnify, defend and hold the other
parties and their directors, officers, shareholders, partners, employees and
agents (each, an "Indemnified Party") harmless from any and all losses,
liabilities, obligations, claims, contingencies, damages, costs and expenses,
including all judgments, amounts paid in settlements, court costs and reasonable
attorneys' fees and costs </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_14></A>
<P align=center>- 14 - </P>
<P align=justify>of investigation that any such Indemnified Party may suffer or
incur as a result of or relating to any breach of any of the representations,
warranties, covenants or agreements made by the Indemnifying Party in this
Agreement.</P>
<P align=justify>6.2&nbsp;&nbsp;&nbsp;&nbsp; <U>Conduct of Indemnification
Proceedings</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If any
action shall be brought against any Indemnified Party in respect of which
indemnity may be sought pursuant to this Agreement, such Indemnified Party shall
promptly notify the Indemnifying Party in writing, and the Indemnifying Party
shall have the right to assume the defense thereof with counsel of its own
choosing. Any Indemnified Party shall have the right to employ separate counsel
in any such action and participate in the defense thereof, but the fees and
expenses of such counsel shall be at the expense of such Indemnified Party
except to the extent that: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>the employment thereof has been specifically authorized
      by the Indemnifying Party in writing;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>the Indemnifying Party has failed after a reasonable
      period of time to assume such defense and to employ counsel; or</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>in such action there is, in the reasonable opinion of
      such separate counsel, a material conflict on any material issue between
      the position of the Indemnifying Party and the position of such
      Indemnified Party.</P></TD></TR></TABLE>
<P style="MARGIN-LEFT: 5%" align=justify>The Indemnifying Party will not be
liable to any Indemnified Party under this Agreement: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(d) </TD>
    <TD>
      <P align=justify>for any settlement by an Indemnified Party effected
      without the Indemnifying Party's prior written consent, which shall not be
      unreasonably withheld or delayed; or</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(e) </TD>
    <TD>
      <P align=justify>to the extent, but only to the extent that a loss, claim,
      damage or liability is attributable to any Indemnified Party's breach of
      any of its representations, warranties, covenants or agreements in this
      Agreement.</P></TD></TR></TABLE>
<P align=center><B>ARTICLE 7</B><B> <BR>REGISTRATION RIGHTS </B></P>
<P align=justify>7.1&nbsp;&nbsp;&nbsp;&nbsp; <U>Registration Statement</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On or
before 45 days after the Closing Date, the Company shall prepare and file with
the SEC a Registration Statement (the "Registration Statement") covering the
resale of the Registrable Securities for an offering to be made on a continuous
basis pursuant to Rule 415 under the <I>Securities Act</I>. The Registration
Statement shall be on Form SB-2 (unless the Company reasonably determines that
it is not then eligible to register for resale the Registrable Securities on
Form SB-2, in which case such registration shall be on another appropriate form
in accordance herewith). Subject to the terms of this Agreement, the Company
shall use its best efforts to cause the Registration Statement to be declared
effective under the <I>Securities Act</I> within 135 days of the Closing Date.
In the event that either deadline is delayed, the Company will pay the Investors
liquidated damages of 1.5% of each Investor's proceeds for each 30 days of delay
until one year from Closing.. </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_15></A>
<P align=center>- 15 - </P>
<P align=justify>7.2&nbsp;&nbsp;&nbsp; &nbsp;<U>Participation by Investors</U>
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Investors or Holders shall furnish to the Company such information regarding the
Investors' offerings of Registrable Securities and the proposed manner of
distribution thereof as the Company may reasonably request and as shall be
required in connection with the Registration Statement and any related
prospectus, or any amendment thereof or supplement thereto. The Company will
give each Investor, Holder and any underwriter, and their respective counsel and
accountants (at the Investor's, Holder's or underwriter's sole expense), a
reasonable opportunity to review, comment upon and participate in the
preparation of the Registration Statement, each prospectus included therein or
filed with the SEC, and each amendment thereof or supplement thereto. The
Company will also allow each Investor or Holder reasonable access to the
Company's books and records and such opportunities to discuss the business of
the Company with its officers, counsel and accountants, as shall be reasonably
necessary in order to conduct a reasonable and diligent investigation in within
the meaning of the <I>Securities Act</I>. </P>
<P align=justify>7.3&nbsp;&nbsp;&nbsp; &nbsp;<U>Amendments and Supplements</U>
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company shall prepare and file with the SEC such amendments and supplements,
including post-effective amendments, to the Registration Statement and the
prospectus used in connection therewith as may be necessary to keep the
Registration Statement continuously effective as to the applicable Registrable
Securities for the period of time set forth in Section 7.1 hereof. The Company
shall respond as promptly as reasonably practicable to any comments received
from the SEC with respect to the Registration Statement, the prospectus or any
amendment thereof or supplement thereto, and as promptly as reasonably
practicable provide the Holders true and complete copies of all correspondence
from and to the SEC relating to the Registration Statement. To the extent within
the control of the Company, the Company shall comply in all material respects
with the provisions of the <I>Securities Act</I> and the <I>Exchange Act</I>
with respect to the disposition of all Registrable Securities covered by the
Registration Statement during the applicable period in accordance (subject to
the terms of this Agreement) with the intended methods of disposition by the
Holders set forth in the Registration Statement or the prospectus, as amended or
supplemented. </P>
<P align=justify>7.4&nbsp;&nbsp;&nbsp; &nbsp;<U>Documents to Holders</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company will, at the expense of the Company, furnish to the Purchaser such
number of copies of the Registration Statement, prospectuses, amendments,
supplements and other documents incident to any registration or qualification of
the Registrable Securities as a Holder may from time to time reasonably request.
</P>
<P align=justify>7.5&nbsp;&nbsp;&nbsp; &nbsp;<U>Registration Expenses</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company will bear all costs and expenses related to the Registration Statement,
other than the expenses incurred by the Holders for brokers' or underwriters'
commissions and discounts or legal fees incurred by the Holders. </P>
<P align=justify>7.6&nbsp;&nbsp;&nbsp;&nbsp; <U>Indemnification by Company</U>
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Company agrees to indemnify, defend and hold harmless, to the extent permitted
by law, each Investor and its officers, directors, stockholders, employees,
agents and representatives, and any other person deemed to control the Investor
within the meaning of the <I>Securities Act</I> against all losses, claims,
damages, liabilities and expenses caused by: </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_16></A>
<P align=center>- 16 - </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>any violation or alleged violation by the Company of the
      <I>Securities Act</I>, the <I>Exchange Act </I>or any other federal or
      state securities law, rule or regulation applicable to the Company;
    or</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>any untrue statement of material fact contained in the
      Registration Statement, the prospectus or any amendment thereof or
      supplement thereto or any omission of a material fact required to be
      stated therein or necessary to make the statements therein not misleading,
      except insofar as the same are caused by or contained in any information
      furnished in writing to the Company by such Investor expressly for use
      therein or by such Investor's failure to deliver information reasonably
      requested by the Company for preparation of the Registration Statement,
      the prospectus or any amendments or supplements
thereto.</P></TD></TR></TABLE>
<P align=justify>7.7&nbsp;&nbsp;&nbsp; &nbsp;<U>Indemnification by Investors</U>
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If any
Investor is participating in the Registration Statement, such Investor will
furnish to the Company in writing such information as the Company reasonably
requests for use in connection with the Registration Statement, prospectus or
any amendments or supplements thereto, to the extent permitted by law, such
Investor will indemnify, defend and hold harmless the Company, its directors,
officers, stockholders, employees, agents and representatives, and any other
person deemed to control the Company against any losses, claims, damages,
liabilities and expenses resulting from any untrue statement or material fact
contained in the Registration Statement, prospectus or any amendment thereof or
supplement thereto or any omission of a material fact required to be stated
therein or necessary to make the statements therein not misleading, but only to
the extent the same are caused by or contained in any information furnished in
writing to the Company by such Investor expressly for use therein or by such
Investor's failure to deliver information reasonably requested by the Company
for preparation of the Registration Statement, the prospectus or any amendments
or supplements thereto.</P>
<P align=justify>7.8&nbsp;&nbsp;&nbsp; &nbsp;<U>Indemnification Procedures</U>
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
application of the indemnities set forth in Sections 7.6 and 7.7 hereof shall be
in accordance with the procedures set forth in Section 6.2 hereof. </P>
<P align=center><B>ARTICLE 8</B><B> <BR>MISCELLANEOUS </B></P>
<P align=justify>8.1&nbsp;&nbsp;&nbsp; &nbsp;<U>Fees And Expenses</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Except
as expressly set forth in this Agreement to the contrary, each party shall pay
the fees and expenses of its advisers, counsel, accountants and other experts,
if any, and all other expenses incurred by such party incident to the
negotiation, preparation, execution, delivery and performance of this Agreement.
The Company shall pay all transfer agent fees, stamp taxes and other taxes and
duties levied in connection with the issuance of any Securities. </P>
<P align=justify>8.2&nbsp;&nbsp;&nbsp; &nbsp;<U>Entire Agreement</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This
Agreement and the exhibits and schedules thereto, contain the entire
understanding of the parties with respect to the subject matter hereof and
supersede all prior agreements and understandings, oral or written, with respect
to such matters, which the parties acknowledge have been merged into such
documents. </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_17></A>
<P align=center>- 17 - </P>
<P align=justify>8.3&nbsp;&nbsp;&nbsp; &nbsp;<U>Notices</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any and
all notices or other communications or deliveries required or permitted to be
provided hereunder shall be in writing and shall be deemed given and effective
on the earliest of: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>the date of transmission, if such notice or communication
      is delivered via facsimile at the facsimile number specified
  herein;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>three business days following the date of mailing, if
      sent by U.S. mail prepaid or a nationally recognized overnight courier
      service; or</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>&#169;upon actual receipt by the party to whom such notice is
      required to be given.</P></TD></TR></TABLE>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
addresses for such notices and communications are those set forth on the
signature pages hereof, or such other address as may be designated in writing
hereafter. </P>
<P align=justify>8.4&nbsp;&nbsp;&nbsp; &nbsp;<U>Amendments; Waivers</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No
provision of this Agreement may be waived or amended except in a written
instrument signed, in the case of an amendment, by the Company and each of the
Investors or, in the case of a waiver, by the party against whom enforcement of
any such waiver is sought. No waiver of any default with respect to any
provision, condition or requirement of this Agreement shall be deemed to be a
continuing waiver in the future or a waiver of any subsequent default or a
waiver of any other provision, condition or requirement hereof, nor shall any
delay or omission of either party to exercise any right hereunder in any manner
impair the exercise of any such right. </P>
<P align=justify>8.5&nbsp;&nbsp;&nbsp; &nbsp;<U>Construction</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
headings herein are for convenience only, do not constitute a part of this
Agreement and shall not be deemed to limit or affect any of the provisions
hereof. The language used in this Agreement will be deemed to be the language
chosen by the parties to express their mutual intent, and no rules of strict
construction will be applied against any party. </P>
<P align=justify>8.6&nbsp;&nbsp;&nbsp;&nbsp; <U>Successors And Assigns</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This
Agreement shall be binding upon and inure to the benefit of the parties and
their successors and permitted assigns. The Company may not assign this
Agreement or any rights or obligations hereunder without the prior written
consent of the Investors. Any Investor may assign its rights under this
Agreement to any Person to whom such Investor assigns or transfers any
Securities in accordance with the provisions of this Agreement. </P>
<P align=justify>8.7&nbsp;&nbsp;&nbsp;&nbsp; <U>No Third-Party Beneficiaries</U>
</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This
Agreement is intended for the benefit of the parties hereto and their respective
successors and permitted assigns and is not for the benefit of, nor may any
provision hereof be enforced by, any other Person, except as otherwise set forth
in the indemnities under Sections 6.1, 7.6 and 7.7 hereof. </P>
<P align=justify>8.8&nbsp;&nbsp;&nbsp;&nbsp; <U>Governing Law; Attorneys'
Fees</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All
questions concerning the construction, validity, enforcement and interpretation
of this Agreement shall be governed by and construed and enforced in accordance
with the internal laws of the </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_18></A>
<P align=center>- 18 - </P>
<P align=justify>State of Nevada, without regard to the principles of conflicts
of law thereof. Each party hereby irrevocably waives personal service of process
and consents to process being served in any such suit, action or proceeding by
mailing a copy thereof via registered or certified mail or overnight delivery
(with evidence of delivery) to such party at the address in effect for notices
to it under this Agreement and agrees that such service shall constitute good
and sufficient service of process and notice thereof. Nothing contained herein
shall be deemed to limit in any way any right to serve process in any manner
permitted by law. If either party shall commence an action or proceeding to
enforce any provisions of this Agreement, then the prevailing party in such
action or proceeding shall be reimbursed by the other party for its court costs
and reasonable attorneys' fees and other costs and expenses incurred with the
investigation, preparation and prosecution of such action or proceeding. </P>
<P align=justify>8.9&nbsp;&nbsp;&nbsp; &nbsp;<U>Execution</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This
Agreement may be executed in two or more counterparts, all of which when taken
together shall be considered one and the same agreement and shall become
effective when counterparts have been signed by each party and delivered to the
other party, it being understood that both parties need not sign the same
counterpart. In the event that any signature is delivered by facsimile
transmission, such signature shall create a valid and binding obligation of the
party executing (or on whose behalf such signature is executed) with the same
force and effect as if such facsimile signature page were an original thereof.
</P>
<P align=justify>8.10&nbsp;&nbsp; &nbsp;<U>Severability</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If any
provision of this Agreement is held to be invalid or unenforceable in any
respect, the validity and enforceability of the remaining terms and provisions
of this Agreement shall not in any way be affected or impaired thereby and the
parties will attempt to agree upon a valid and enforceable provision that is a
reasonable substitute therefor, and upon so agreeing, shall incorporate such
substitute provision in this Agreement. </P>
<P align=justify>8.11&nbsp;&nbsp;&nbsp; <U>Replacement of Securities</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If any
certificate or instrument evidencing any Securities is mutilated, lost, stolen
or destroyed, the Company shall issue or cause to be issued in exchange and
substitution for and upon cancellation thereof, or in lieu of and substitution
therefor, a new certificate or instrument, but only upon receipt of evidence
reasonably satisfactory to the Company of such loss, theft or destruction and
customary and reasonable indemnity, if requested. The applicants for any new
certificate or instrument under such circumstances shall also pay any reasonable
third-party costs associated with the issuance of such replacement Securities.
</P>
<P align=justify>8.12&nbsp;&nbsp; &nbsp;<U>Independent Nature of Investors'
Obligations</U> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
obligations of each Investor under this Agreement are several and not joint with
the obligations of any other Investor, and no Investor shall be responsible in
any way for the performance of the obligations of any other Investor under any
Transaction Document. Nothing contained herein, and no action taken by any
Investor pursuant thereto, shall be deemed to constitute the Investors as a
partnership, an association, a joint venture or any other kind of entity, or
create a presumption that the Investors are in any way acting in concert or as a
group with respect to such obligations or the transactions contemplated herein.
</P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_19></A>
<P align=center>- 19 - </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; IN
WITNESS WHEREOF, the parties hereto have caused this Securities Purchase
Agreement to duly executed by their respective authorized signatories as of the
date first indicated above. </P>
<P align=justify><B>GEOCOM RESOURCES INC.</B> </P>
<P align=justify>By:&nbsp;&nbsp;&nbsp;&nbsp;<U>/s/ John
Hiner</U>&nbsp;<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Name:
John Hiner&nbsp;<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Title:&nbsp;&nbsp; President </P>
<P style="MARGIN-LEFT: 5%" align=justify>ADDRESS FOR NOTICE: </P>
<P style="MARGIN-LEFT: 5%" align=justify>413, 114 West Magnolia Street
<BR>Bellingham, WA 98225
<BR>Attention:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; John
Hiner, President
<BR>Tel:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (360)
392-2898 <BR>Fax:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(360) 733-3941 </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_20></A>
<P align=center>- 20 - </P>
<P align=center><B>INVESTOR'S SIGNATURE PAGE </B></P>
<P align=justify>IN WITNESS WHEREOF, the undersigned have caused this Securities
Purchase Agreement to be duly executed by their respective authorized
signatories as of the date first indicated above. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left>Investor Name: </TD>
    <TD align=left width="1%"  >&nbsp;</TD>
    <TD align=left width="49%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="1%"  >&nbsp;</TD>
    <TD align=left width="49%">(If different) Registration in the name
      (include </TD></TR>
  <TR vAlign=top>
    <TD align=left>Humboldt Capital Corp. </TD>
    <TD align=left width="1%"  >&nbsp;</TD>
    <TD align=left width="49%">address) </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="1%"  >&nbsp;</TD>
    <TD width="49%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>/s/ Robert W.
      Lamond </TD>
    <TD align=left width="1%"  >&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="49%">&nbsp;
    </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="1%"  >&nbsp;</TD>
    <TD width="49%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>Signature: </TD>
    <TD align=left width="1%"  >&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="49%">&nbsp;
    </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>Robert W. Lamond
    </TD>
    <TD align=left width="1%"  >&nbsp;</TD>
    <TD align=left width="49%">&nbsp; </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="1%"  >&nbsp;</TD>
    <TD width="49%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>Name of Signatory: </TD>
    <TD align=left width="1%"  >&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="49%">&nbsp;
    </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>President </TD>
    <TD align=left width="1%"  >&nbsp;</TD>
    <TD align=left width="49%">&nbsp; </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="1%"  >&nbsp;</TD>
    <TD width="49%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>Title of Signatory: </TD>
    <TD align=left width="1%"  >&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="49%">&nbsp;
    </TD></TR></TABLE>
<P align=justify>Subscription
Amount:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>&nbsp;$
100,000&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>&nbsp;
for&nbsp;&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp; 50,000
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
Shares </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left>Address for Notice: </TD>
    <TD align=left width="50%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>1800, 633 &#150; 6th
      Avenue SW </TD>
    <TD align=left width="50%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>Calgary, AB T2P
      2Y5 </TD>
    <TD align=left width="50%" >&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="50%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>Fax Number: </TD>
    <TD align=left width="50%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>403-269-9890 </TD>
    <TD align=left width="50%" >&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="50%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>Telephone Number: </TD>
    <TD align=left width="50%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>403-269-9889 </TD>
    <TD align=left width="50%" >&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="50%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>E-Mail Address:
</TD>
    <TD align=left width="50%" >&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="50%" >&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="50%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>With a copy to: </TD>
    <TD align=left width="50%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>(which shall not constitute notice) </TD>
    <TD align=left width="50%" >&nbsp;</TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
    >&nbsp;</TD>
    <TD align=left width="50%" >&nbsp;</TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
    >&nbsp;</TD>
    <TD align=left width="50%" >&nbsp;</TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_21></A>
<P align=center><B>ACCREDITED INVESTOR QUESTIONNAIRE </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
undersigned Investor, in connection with the acquisition of securities of GEOCOM
RESOURCES INC. (the "Company"), hereby makes the following representations and
warranties: </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Investor understands that the offer and sale of the Company's are not being
registered under the Securities Act of 1933, as amended (the "Act") or qualified
under state securities laws, in reliance upon exemptions from such registration
and qualification requirements for transactions not involving any public
offering. Information supplied through this Questionnaire will be used to ensure
compliance with the requirements of such exemptions. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
undersigned Investor represents and warrants to the Company that: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>The information contained herein is complete and accurate
      and may be relied upon by the Company; and</P></TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>Investor will notify the Company immediately of any
      material change in any of such information occurring prior to the
      acceptance or rejection of the Investor's subscription for securities of
      the Company.</P></TD></TR></TABLE>
<P align=center>ALL INFORMATION WILL BE TREATED CONFIDENTIALLY </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Investor represents and warrants that the Investor falls within the category (or
categories) marked. PLEASE INDICATE EACH CATEGORY OF ACCREDITED INVESTOR THAT
YOU SATISFY, BY PLACING AN "X" ON THE APPROPRIATE LINE BELOW. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=top>
    <TD width="11%" align=left vAlign=top>________</TD>
    <TD align=left width="11%">Category 1. </TD>
    <TD align=left width="40%">
      <P align=justify>A bank, as defined in Section 3(a)(2) of the Act, whether
      acting in its individual or fiduciary capacity; or </P></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="11%" vAlign=top>&nbsp;</TD>
    <TD width="11%">&nbsp;</TD>
    <TD width="40%">
      <P align=justify></P></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left vAlign=top>________</TD>
    <TD align=left width="11%">Category 2. </TD>
    <TD align=left width="40%">
      <P align=justify>A savings and loan association or other institution as
      defined in Section 3(a)(5)(A) of the Act, whether acting in its individual
      or fiduciary capacity; or </P></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="11%" vAlign=top>&nbsp;</TD>
    <TD width="11%">&nbsp;</TD>
    <TD width="40%">
      <P align=justify></P></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left vAlign=top>________</TD>
    <TD align=left width="11%">Category 3. </TD>
    <TD align=left width="40%">
      <P align=justify>A broker or dealer registered pursuant to Section 15 of
      he Securities Exchange Act of 1934; or </P></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="11%" vAlign=top>&nbsp;</TD>
    <TD width="11%">&nbsp;</TD>
    <TD width="40%">
      <P align=justify></P></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left vAlign=top>________</TD>
    <TD align=left width="11%">Category 4. </TD>
    <TD align=left width="40%">
      <P align=justify>An insurance company as defined in Section 2(13) of the
      Act; or </P></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="11%" vAlign=top>&nbsp;</TD>
    <TD width="11%">&nbsp;</TD>
    <TD width="40%">
      <P align=justify></P></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left vAlign=top>________</TD>
    <TD align=left width="11%">Category 5. </TD>
    <TD align=left width="40%">
      <P align=justify>An investment company registered under the Investment
      Company Act of 1940; or </P></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="11%" vAlign=top>&nbsp;</TD>
    <TD width="11%">&nbsp;</TD>
    <TD width="40%">
      <P align=justify></P></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left vAlign=top>________</TD>
    <TD align=left width="11%">Category 6. </TD>
    <TD align=left width="40%">
      <P align=justify>A business development company as defined in Section 2(a)
      (48) of the Investment Company Act of 1940; or </P></TD>
    <TD align=left>&nbsp;</TD>
  </TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_22></A>
<P align=center>- 3 - </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=top>
    <TD width="11%" align=left>________</TD>
    <TD align=left width="11%">Category 7. </TD>
    <TD align=left width="40%" >
      <P align=justify>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; or </P></TD>
    <TD align=left ></TD>
  </TR>
  <TR>
    <TD width="11%">&nbsp; </TD>
    <TD width="11%">&nbsp; </TD>
    <TD width="40%" >
      <P align=justify> </P></TD>
    <TD >&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left>________</TD>
    <TD align=left width="11%">Category 8. </TD>
    <TD align=left width="40%" >
      <P align=justify>A plan established and maintained by a state, its
      political subdivision or any agency or instrumentality of a state or its
      political subdivisions, for the benefit of its employees, with assets in
      excess of US$5,000,000; </P></TD>
    <TD align=left ></TD>
  </TR>
  <TR>
    <TD width="11%">&nbsp; </TD>
    <TD width="11%">&nbsp; </TD>
    <TD width="40%" >
      <P align=justify> </P></TD>
    <TD >&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left>________</TD>
    <TD align=left width="11%">Category 9. </TD>
    <TD align=left width="40%" >
      <P align=justify>An employee benefit plan within the meaning of the
      Employee Retirement Income Security Act of 1974 in which the investment
      decision is 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 advisor, or an employee benefit plan with
      total assets in excess of US$5,000,000 or, if a self- directed plan, the
      investment decisions are made solely by persons who are accredited
      investors; or </P></TD>
    <TD align=left ></TD>
  </TR>
  <TR>
    <TD width="11%">&nbsp; </TD>
    <TD width="11%">&nbsp; </TD>
    <TD width="40%" >
      <P align=justify> </P></TD>
    <TD >&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left>________</TD>
    <TD align=left width="11%">Category 10. </TD>
    <TD align=left width="40%" >
      <P align=justify>A private business development company as defined in
      Section 202(a)(22) of the Investment Advisors Act of 1940; or </P></TD>
    <TD align=left ></TD>
  </TR>
  <TR>
    <TD width="11%">&nbsp; </TD>
    <TD width="11%">&nbsp; </TD>
    <TD width="40%" >
      <P align=justify> </P></TD>
    <TD >&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left><U>X</U> </TD>
    <TD align=left width="11%">Category 11. </TD>
    <TD align=left width="40%" >
      <P align=justify>An organization described in Section 501(c)(3) of the
      Internal Revenue Code, a corporation, a Massachusetts or similar business
      trust, or a partnership, nor formed for the specific purpose of acquiring
      the Shares, with total assets in excess of US$5,000,000; or </P></TD>
    <TD align=left ></TD>
  </TR>
  <TR>
    <TD width="11%">&nbsp; </TD>
    <TD width="11%">&nbsp; </TD>
    <TD width="40%" >
      <P align=justify> </P></TD>
    <TD >&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left>________</TD>
    <TD align=left width="11%">Category 12. </TD>
    <TD align=left width="40%" >
      <P align=justify>A director, executive officer or general partner of the
      Company; or </P></TD>
    <TD align=left ></TD>
  </TR>
  <TR>
    <TD width="11%">&nbsp; </TD>
    <TD width="11%">&nbsp; </TD>
    <TD width="40%" >
      <P align=justify> </P></TD>
    <TD >&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left>________</TD>
    <TD align=left width="11%">Category 13. </TD>
    <TD align=left width="40%" >
      <P align=justify>A natural person whose individual net worth, or joint net
      worth with that person's spouse, at the time of this purchase exceeds
      US$1,000,000; or </P></TD>
    <TD align=left ></TD>
  </TR>
  <TR>
    <TD width="11%">&nbsp; </TD>
    <TD width="11%">&nbsp; </TD>
    <TD width="40%" >
      <P align=justify> </P></TD>
    <TD >&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left>________</TD>
    <TD align=left width="11%">Category 14. </TD>
    <TD align=left width="40%" >
      <P align=justify>A natural person who had an individual income in excess
      of US$200,000 in each of the two most recent years or joint </P></TD>
    <TD align=left ></TD>
  </TR></TABLE><BR>
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<A name=page_23></A>
<P align=center>- 4 - </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=top>
    <TD width="11%" align=left></TD>
    <TD align=left width="11%"></TD>
    <TD align=left width="40%">
      <P align=justify>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; or </P></TD>
    <TD align=left></TD>
  </TR>
  <TR>
    <TD width="11%" align=left>&nbsp;</TD>
    <TD align=left width="11%">&nbsp; </TD>
    <TD align=left width="40%">
      <P align=justify></P></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left>________</TD>
    <TD align=left width="11%">Category 15. </TD>
    <TD align=left width="40%">
      <P align=justify>A trust, with total assets in excess of US$5,000,000 not
      formed for the specific purpose of acquiring the securities offered, whose
      purchase is directed by a sophisticated person as described in SEC Rule
      506(b)(2)(ii); or </P></TD>
    <TD align=left></TD>
  </TR>
  <TR>
    <TD width="11%" align=left>&nbsp;</TD>
    <TD align=left width="11%">&nbsp; </TD>
    <TD align=left width="40%">
      <P align=justify></P></TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="11%" align=left>________</TD>
    <TD align=left width="11%">Category 16. </TD>
    <TD align=left width="40%">
      <P align=justify>An entity in which all of the equity owners are
      accredited investors.</P></TD>
    <TD align=left></TD>
  </TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=top>
    <TD width="17%" align=left>Date: </TD>
    <TD align=left width="5%">&nbsp;</TD>
    <TD align=left width="40%">Humboldt Capital Corp. </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="17%" align=left>&nbsp;</TD>
    <TD align=left width="5%">&nbsp;</TD>
    <TD align=left width="40%">&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="17%" align=left style="BORDER-BOTTOM: #000000 1px solid">November
      7, 2007 </TD>
    <TD align=left width="5%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="40%">/s/ Robert
      W. Lamond </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="17%" align=left>&nbsp; </TD>
    <TD align=left width="5%">&nbsp;</TD>
    <TD align=left width="40%">(Signature) </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="17%" align=left>&nbsp;</TD>
    <TD align=left width="5%">&nbsp;</TD>
    <TD align=left width="40%">&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="17%" align=left>&nbsp; </TD>
    <TD align=left width="5%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="40%">Robert
      W. Lamond, President </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="17%" align=left>&nbsp; </TD>
    <TD align=left width="5%">&nbsp;</TD>
    <TD align=left width="40%">(Print Name) </TD>
    <TD align=left>&nbsp;</TD>
  </TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
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<A name=page_24></A>
<P align=center><B><U>SCHEDULE 3.3</U></B><B> </B></P>
<P align=justify>The following is Schedule 3.3 to the Securities Purchase
Agreement (the &#147;Agreement&#148;) dated as of November 7, 2007 between Geocom
Resources Inc. (&#147;Geocom&#148;) and certain Investors. The disclosures set out in this
Schedule shall qualify sections of the Agreement where it is reasonably apparent
that such information qualifies the representations and warranties of Geocom
under the Agreement </P>
<P align=justify><B>1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</B><B><U>AUTHORIZED
  CAPITAL STOCK</U></B></P>
<P align=justify>Geocom&#146;s Certificate of Incorporation authorizes the issuance
of 100,000,000 shares of common stock. </P>
<P align=justify><B>2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </B><B><U>CAPITAL
  STOCK ISSUED AND OUTSTANDING</U></B></P>
<P align=justify>As of August 15, 2007 the issued and outstanding is 27,137,494
shares of common stock. </P>
<P align=justify><B>3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </B><B><U>CONVERTIBLE
  SECURITIES AND SHARES RESERVED FOR </U></B><B><U>ISSUANCE</U></B></P>
<P
align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;Stock Options </P>
<P align=justify>1,700,000 shares of common stock of Geocom are reserved for
issuance pursuant to Geocom&#146;s 2003 Stock Option Plan: </P>
<P align=justify>432,000 shares of common stock of Geocom are issuable upon the
exercise of outstanding stock options pursuant to the 2003 Stock Option Plan.
</P>
<P
align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Share
Purchase Warrants </P>
<P align=justify>5,446,040shares of common stock of Geocom are reserved for
issuance and issuable upon the exercise of outstanding share purchase warrants
issued in connection with a private placements that closed on July 2006 </P>
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