pengram corporation, of1200 dupont street, suite 2jbellingham, wa 98225 pengram corporation, of1200 dupont street, suite 2jbellingham, wa 98225 ( " assignor " ) ( " assignor " ) of the first part lookout mountain gold corp., of suite 704, 595 howe street vancouver, bc v6c 2t5 lookout mountain gold corp., of suite 704, 595 howe street vancouver, bc v6c 2t5 ( " assignee " ) ( " assignee " ) of the second part a. by an agreement dated april 26, 2011, as amended ( the " option agreement " ) the assignor granted terrace ventures inc. ( " terrace " ) an option to acquire up to 75 % of the assignor's interest in an agreement dated march 31, 2011, as amended ( the " underlying agreement " ) between assignor and scoonover exploration llc. and jr exploration llc. assignor was granted an option to purchase the golden snow property, a property that consists of 128 mineral claims located in the eureka mining district in eureka county, nevada ; a. by an agreement dated april 26, 2011, as amended ( the " option agreement " ) the assignor granted terrace ventures inc. ( " terrace " ) an option to acquire up to 75 % of the assignor's interest in an agreement dated march 31, 2011, as amended ( the " underlying agreement " ) between assignor and scoonover exploration llc. and jr exploration llc. assignor was granted an option to purchase the golden snow property, a property that consists of 128 mineral claims located in the eureka mining district in eureka county, nevada ; b. by an agreement dated july 10, 2014, the assignee acquired the interest of terrace in the option agreement. b. by an agreement dated july 10, 2014, the assignee acquired the interest of terrace in the option agreement. c. the assignee wishes to acquire all the assignors right, title and interest in the underlying agreement. c. the assignee wishes to acquire all the assignors right, title and interest in the underlying agreement. 1. the assignor hereby assigns ( the " assignment " ) to the assignee all of its right, title and interest in the underlying agreement and all benefits to be derived therefrom. 1. the assignor hereby assigns ( the " assignment " ) to the assignee all of