<SEC-DOCUMENT>0000912282-23-000521.txt : 20231120
<SEC-HEADER>0000912282-23-000521.hdr.sgml : 20231120
<ACCEPTANCE-DATETIME>20231120153842
ACCESSION NUMBER:		0000912282-23-000521
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		7
FILED AS OF DATE:		20231120
DATE AS OF CHANGE:		20231120

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Austin Gold Corp.
		CENTRAL INDEX KEY:			0001817740
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-94232
		FILM NUMBER:		231422588

	BUSINESS ADDRESS:	
		STREET 1:		4520 WEST 5TH AVENUE
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6R 1S7
		BUSINESS PHONE:		604-644-6579

	MAIL ADDRESS:	
		STREET 1:		4520 WEST 5TH AVENUE
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6R 1S7

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			McNaughton Kenneth Charles
		CENTRAL INDEX KEY:			0001964307

	FILING VALUES:
		FORM TYPE:		SC 13D

	MAIL ADDRESS:	
		STREET 1:		9TH FLOOR, 1021 WEST HASTINGS STREET
		CITY:			VANCOUVER
		STATE:			WA
		ZIP:			V6E 0C3
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>sc13d.htm
<DESCRIPTION>SCHEDULE 13D NOVEMBER 9, 2023
<TEXT>
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  <div style="text-align: center; margin-top: 10pt; font-size: 18pt; font-weight: bold;">UNITED STATES</div>
  <div style="text-align: center; font-size: 18pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
  <div style="text-align: center; margin-bottom: 10pt;">Washington, D.C. 20549</div>
  <div style="text-align: center; margin-top: 10pt; margin-bottom: 10pt; font-size: 18pt; font-weight: bold;">SCHEDULE 13D</div>
  <div style="text-align: center; margin-top: 10pt; margin-bottom: 10pt; font-weight: bold;">Under the Securities Exchange Act of 1934</div>
  <div style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><font style="font-size: 18pt; font-weight: bold;"><u>Austin Gold Corp.</u></font><br>
    (Name of Issuer)</div>
  <div style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><font style="font-weight: bold;"><u>Common Shares, No
        Par Value</u></font><br>
    (Title of Class of Securities)</div>
  <div style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><font style="font-weight: bold;"><u>05223F106</u></font><br>
    (CUSIP Number)</div>
  <div style="text-align: center; font-weight: bold;">Kenneth McNaughton</div>
  <div style="text-align: center; font-weight: bold;">9<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor, 1021 West Hasting Street</div>
  <div style="text-align: center; font-weight: bold;">Vancouver, BC V6E 0C3</div>
  <div style="text-align: center; font-weight: bold;">Canada</div>
  <div style="text-align: center; font-weight: bold;">(778) 731-1055</div>
  <div><br>
  </div>
  <div style="text-align: center; margin-bottom: 10pt;">&#160;(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)</div>
  <div style="text-align: center;">Copy to:</div>
  <div style="text-align: center;">Jason K. Brenkert</div>
  <div style="text-align: center;">Dorsey &amp; Whitney LLP</div>
  <div style="text-align: center;">1400 Wewatta Street, Suite 400</div>
  <div style="text-align: center;">Denver, Colorado 80202-5549</div>
  <div style="text-align: center;">(303) 629-3445</div>
  <div style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;">(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)</div>
  <div style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><font style="font-weight: bold;"><u>May 3, 2022</u></font><br>
    (Date of Event which Requires Filing of this Statement)</div>
  <div style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of
    this Schedule 13D, and is filing this schedule because of &#167;&#167;240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. <font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
  <div style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><font style="font-weight: bold;">Note: </font>Schedules
    filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See &#167;240.13d-7 for other parties to whom copies are to be sent.</div>
  <div style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with
    respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.</div>
  <div style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of
    Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</div>
  <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
  </div>
  <div>CUSIP No. 05223F106</div>
  <table cellspacing="0" cellpadding="0" id="z40420e9a5c9a4009936547fcd16c460d" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 8.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">1</div>
        </td>
        <td style="width: 91.21%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
          <div style="font-weight: bold;">NAMES OF REPORTING PERSONS</div>
          <div style="font-weight: bold;">Kenneth McNaughton</div>
        </td>
      </tr>
      <tr>
        <td style="width: 8.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">2</div>
        </td>
        <td style="width: 91.21%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
          <div><font style="font-weight: bold;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</font><br>
            (a)<font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font>&#160; <font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font><br>
            (b)<font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font>&#160; <font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">3</div>
        </td>
        <td style="width: 91.21%; vertical-align: top; background-color: #BFBFBF; border-bottom: #000000 2px solid;" colspan="3">
          <div style="font-weight: bold;">SEC USE ONLY</div>
          <div>&#160;</div>
        </td>
      </tr>
      <tr>
        <td style="width: 8.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">4</div>
        </td>
        <td style="width: 91.21%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
          <div style="font-weight: bold;">SOURCE OF FUNDS (SEE INSTRUCTIONS)</div>
          <div style="font-weight: bold;">PF</div>
        </td>
      </tr>
      <tr>
        <td style="width: 8.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">5</div>
        </td>
        <td style="width: 91.21%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
          <div><font style="font-weight: bold;">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
              PURSUANT TO ITEM 2 </font><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
          <div style="font-weight: bold;">Not Applicable</div>
        </td>
      </tr>
      <tr>
        <td style="width: 8.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">6</div>
        </td>
        <td style="width: 91.21%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
          <div style="font-weight: bold;">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
          <div style="font-weight: bold;">Canada</div>
        </td>
      </tr>
      <tr>
        <td style="width: 26.65%; vertical-align: middle; border-bottom: #000000 2px solid;" rowspan="4" colspan="2">
          <div style="font-weight: bold;">NUMBER OF<br>
            SHARES<br>
            BENEFICIALLY<br>
            OWNED BY EACH<br>
            REPORTING PERSON<br>
            WITH:</div>
        </td>
        <td style="width: 7.26%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">7</div>
        </td>
        <td style="width: 66.1%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">SOLE VOTING POWER</div>
          <div style="font-weight: bold;">As of May 3, 2022:&#160; 1,700,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup><br>
            As of September 28, 2022:&#160; 1,433,333<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup><br>
            As of October 2, 2023:&#160; 1,600,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup><br>
            As of November 9, 2023:&#160; 1,200,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> (4)</sup></div>
        </td>
      </tr>
      <tr>
        <td style="width: 17.86%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">8</div>
        </td>
        <td style="width: 7.26%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">SHARED VOTING POWER</div>
          <div style="font-weight: bold;">0</div>
        </td>
      </tr>
      <tr>
        <td style="width: 17.86%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">9</div>
        </td>
        <td style="width: 7.26%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">SOLE DISPOSITIVE POWER</div>
          <div style="font-weight: bold;">As of May 3, 2022:&#160; 1,700,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup><br>
            As of September 28, 2022:&#160; 1,433,333<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup><br>
            As of October 2, 2023:&#160; 1,600,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup><br>
            As of November 9, 2023:&#160; 1,200,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> (4)</sup></div>
        </td>
      </tr>
      <tr>
        <td style="width: 17.86%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">10</div>
        </td>
        <td style="width: 7.26%; vertical-align: top; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">SHARED DISPOSITIVE POWER</div>
          <div style="font-weight: bold;">0</div>
        </td>
      </tr>
      <tr>
        <td style="width: 8.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">11</div>
        </td>
        <td style="width: 91.21%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
          <div style="font-weight: bold;">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
          <div style="font-weight: bold;">As of May 3, 2022:&#160; 1,700,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup><br>
            As of September 28, 2022:&#160; 1,433,333<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup><br>
            As of October 2, 2023:&#160; 1,600,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup><br>
            As of November 9, 2023:&#160; 1,200,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> (4)</sup></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">12</div>
        </td>
        <td style="width: 91.21%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
          <div><font style="font-weight: bold;">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
              CERTAIN SHARES (SEE INSTRUCTIONS) </font><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
          <div style="font-weight: bold;">NOT APPLICABLE</div>
        </td>
      </tr>
      <tr>
        <td style="width: 8.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">13</div>
        </td>
        <td style="width: 91.21%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
          <div style="font-weight: bold;">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>
          <div style="font-weight: bold;">As of May 3, 2022:&#160; 12.78%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup><br>
            As of September 28, 2022:&#160; 10.77%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup><br>
            As of October 2, 2023:&#160; 11.88%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(6)</sup></div>
          <div style="font-weight: bold;">As of November 9, 2023:&#160; 8.91%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> (7)</sup></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8.79%; vertical-align: middle; border-bottom: #000000 2px solid;">
          <div style="font-weight: bold;">14</div>
        </td>
        <td style="width: 91.21%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
          <div style="font-weight: bold;">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)</div>
          <div style="font-weight: bold;">IN</div>
        </td>
      </tr>

  </table>
  <div><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z0bca85ab2f44451fbf8fb712b485daf2" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 54pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 18pt; font-weight: bold;">(1)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-weight: bold;">Includes 1,666,667 Common Shares and options to purchase 33,333 Common Shares.</div>
          </td>
        </tr>

    </table>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="za4b37a01272b42a28b82c45dcdba9d39" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 54pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 18pt; font-weight: bold;">(2)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-weight: bold;">Includes 1,400,000 Common Shares and options to purchase 33,333 Common Shares.</div>
          </td>
        </tr>

    </table>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z7ebf50833c8e43f9b9f76e87310a334f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 54pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 18pt; font-weight: bold;">(3)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-weight: bold;">Includes 1,400,000 Common Shares and options to purchase 200,000 Common Shares.</div>
          </td>
        </tr>

    </table>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z41191fef936e4d84a9fbd55d6ea822f5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 54pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 18pt; font-weight: bold;">(4)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-weight: bold;">Includes 1,000,000 Common Shares and options to purchase 200,000 Common Shares.</div>
          </td>
        </tr>

    </table>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z12c9fc61513f40a38b24bed2ec53b811" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 54pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 18pt; font-weight: bold;">(5)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-weight: bold;">The percentages used herein are calculated based upon 13,271,750 outstanding Common Shares of the Issuer, plus 33,333 Common Shares
              in aggregate underlying convertible securities which are beneficially owned by the Reporting Person and included pursuant to Rule 13d-3(d)(1)(i) of the Act.</div>
          </td>
        </tr>

    </table>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="zf0f2ce99d4a84b2b8bda847fd48466f2" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 54pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 18pt; font-weight: bold;">(6)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-weight: bold;">The percentages used herein are calculated based upon 13,271,750 outstanding Common Shares of the Issuer, plus 200,000 Common
              Shares in aggregate underlying convertible securities which are beneficially owned by the Reporting Person and included pursuant to Rule 13d-3(d)(1)(i) of the Act.</div>
          </td>
        </tr>

    </table>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z1f794026fc1d486e8ad6fdf6a20d1ba8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 54pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 18pt; font-weight: bold;">(7)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-weight: bold;">The percentages used herein are calculated based upon 13,271,750 outstanding Common Shares of the Issuer, plus 200,000 Common
              Shares in aggregate underlying convertible securities which are beneficially owned by the Reporting Person and included pursuant to Rule 13d-3(d)(1)(i) of the Act.</div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" id="z09cc639763354f91a9453d0ac6a03b3a" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 8.01%; vertical-align: middle;">
          <div>&#160;</div>
        </td>
        <td style="width: 7%; vertical-align: middle;">
          <div>&#160;</div>
        </td>
        <td style="width: 8%; vertical-align: middle;">
          <div>&#160;</div>
        </td>
        <td style="width: 77%; vertical-align: middle;">
          <div>&#160;</div>
        </td>
      </tr>

  </table>
  <div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">EXPLANATORY NOTE:</div>
  </div>
  <table cellspacing="0" cellpadding="0" id="z562dcd224e074ca59a32043258e3f942" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 72pt; vertical-align: top; font-weight: bold;">Item 1.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Security and Issuer</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="z998423d248f14406bc2eacc320bb6db1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">(a)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Title of Class of Securities:</div>
        </td>
      </tr>

  </table>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">Common Shares, no par value (the "Common Shares")</div>
  <table cellspacing="0" cellpadding="0" id="z93d85c89aaa84d2b944369c1cb6c2eb3" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">(b)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Name of Issuer:</div>
        </td>
      </tr>

  </table>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">Austin Gold Corp. (the "Issuer")</div>
  <table cellspacing="0" cellpadding="0" id="z534ddac8171a49c08f335bbb705dba37" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">(c)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Address of Issuer's Principal Executive Offices:</div>
        </td>
      </tr>

  </table>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">9th Floor, 1021 West Hasting Street, Vancouver, BC V6E 0C3, Canada</div>
  <table cellspacing="0" cellpadding="0" id="z98ddfff4cb464d0eaca9d911372b9c62" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 72pt; vertical-align: top; font-weight: bold;">Item 2.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Identity and Background</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="z2707d0380a86496e9ee3a907d8a7b558" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">(a)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Name of Reporting Person:</div>
        </td>
      </tr>

  </table>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">Kenneth McNaughton (the &#8220;Reporting Person&#8221;)</div>
  <table cellspacing="0" cellpadding="0" id="z225dc96dd3074d1b99a2120faa848d20" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">&#160;(b)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Address of Principal Business Office:</div>
        </td>
      </tr>

  </table>
  <div style="margin-left: 72pt; margin-top: 10pt;">9th Floor, 1021 West Hasting Street, Vancouver, BC V6E 0C3, Canada</div>
  <table cellspacing="0" cellpadding="0" id="zb86c1f1fdde44b64a2665d7892939923" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">&#160;(c)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Occupation, Employment and Other Information:</div>
        </td>
      </tr>

  </table>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">The Reporting Person is a co-founder and director of Austin Gold Corp.</div>
  <table cellspacing="0" cellpadding="0" id="za1ae2ec9b395454fbcfb6572965a6514" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">(d)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Criminal convictions:</div>
        </td>
      </tr>

  </table>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">The Reporting Person has not, in the last five years, been convicted in a criminal proceeding (excluding traffic
    violations or similar misdemeanors).</div>
  <table cellspacing="0" cellpadding="0" id="z73b5d46691df4218b682c86ac19abca6" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">(e)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Civil proceedings:</div>
        </td>
      </tr>

  </table>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">The Reporting Person has not, in the last five years, been a party to a civil proceeding of a judicial or administrative
    body of competent jurisdiction as a result of which he was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation
    with respect to such laws.</div>
  <table cellspacing="0" cellpadding="0" id="z96dcb79904db41feaa722edd8a45d47c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">(f)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Citizenship:</div>
        </td>
      </tr>

  </table>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">The Reporting Person is a citizen of Canada.</div>
  <table cellspacing="0" cellpadding="0" id="z3d47f6991b36459290e58e4c0d7ed378" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 72pt; vertical-align: top; font-weight: bold;">Item 3.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Source and Amount of Funds or Other Consideration:</div>
        </td>
      </tr>

  </table>
  <div>
    <table cellspacing="0" cellpadding="0" id="z367e826a6c9a4bbcbd88a32ebb35a9d9" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 36pt; margin-top: 10pt; font-weight: bold;">(a)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">April 2020 &#8211; Common Share Purchase</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">Upon the Issuer&#8217;s incorporation in April 2020, the Reporting Person and the Issuer entered into a subscription agreement
    for the Reporting Person to acquire 1,666,667 Common Shares (after adjusting for a subsequent 3:1 reverse stock split) of the Issuer. The funds for the purchase of the Common Shares were personal funds of the Reporting Person.</div>
  <div>
    <table cellspacing="0" cellpadding="0" id="zc0591531819f408d82c4ad0f88038f4c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 36pt; margin-top: 10pt; font-weight: bold;">(b)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">December 2020 &#8211; Option Grant</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">On December 2, 2020, the Issuer granted the Reporting Person 33,333 options to purchase Common Shares of the Issuer (the
    "2020 Options"). The 2020 Options are exercisable at a price of C$3.00 per share, expire on December 2, 2030 and vested immediately. The 2020 Options were granted pursuant to the Issuer's December 1, 2020 Stock Option Plan to the Reporting Person in
    consideration of his services as Vice President and a director of the Issuer.&#160;<font style="font-weight: bold;">&#160;</font></div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z686b2b2d609c45289dbf9d7708a30c3d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 36pt; margin-top: 10pt; font-weight: bold;">(c)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">September 2022 &#8211; Common Share Sale</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">The Reporting Person sold 266,667 Common Shares pursuant to a Stock Purchase Agreement dated September&#160;26, 2022 by and
    between Dennis Higgs, Joseph Ovsenek, and the Reporting Person.</div>
  <div>
    <table cellspacing="0" cellpadding="0" id="zbb7c2206d70b4cf4afe6d073ce12b7a6" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 36pt; margin-top: 10pt; font-weight: bold;">(d)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">October 2022 &#8211; Option Grant</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">On October 27, 2022, the Issuer granted the Reporting Person 41,667 options to purchase Common Shares of the
      Issuer (the &#8220;2022 Options&#8221;). The 2022 Options are exercisable at a price of US$0.9161 per share, expire on October 27, 2027 and vest as follows: 25% vested immediately, 25% on April 27, 2023, 25% on October 27, 2023, and 25% on April 27, 2024. The
      2022 Options were granted pursuant to the Issuer's Stock Option Plan Amended and Restated as of July 5, 2021 to the Reporting Person in consideration of his services as Vice President and a director of the Issuer.</div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z85ee3af1e0f84e788c560edb43fad7e5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 36pt; margin-top: 10pt; font-weight: bold;">(e)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">October 2023 &#8211; Option Grant</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="margin-top: 10pt;"><br>
  </div>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">On October 2, 2023, the Issuer granted the Reporting Person 125,000 options to purchase Common&#160; &#160; Shares of the
      Issuer (the &#8220;2023 Options&#8221;). The 2023 Options are exercisable at a price of US$0.7671 per share, expire on October 2, 2028 and vest as follows: 25% vest on April 2, 2024; 25% vest on October 2, 2024; 25% vest on April 2, 2025; and 25% vest on October
      2, 2025. The 2023 Options were granted pursuant to the Issuer's 2023 Stock Incentive Plan to the Reporting Person in consideration of his services as a director of the Issuer.</div>
  <div style="margin-top: 10pt;"><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="zedeb5d98308c46d5a7e6af0995ce32c4" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 36pt; margin-top: 10pt; font-weight: bold;">(f)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">November 2023 &#8211; Common Share Sale</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">The Reporting Person sold 400,000 Common Shares pursuant to stock purchase agreements dated October 18, 2023, with
    various purchasers, including Dennis Higgs, the Issuer&#8217;s President and a director, and Santorini Investment Corp., a company Darcy Higgs, the Issuer&#8217;s Vice President, Business Development, has control or direction over. The transactions closed November
    9, 2023.</div>
  <table cellspacing="0" cellpadding="0" id="za9c03bc83b48443391b8637a093f414d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 72pt; vertical-align: top; font-weight: bold;">Item 4.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Purpose of Transaction</div>
        </td>
      </tr>

  </table>
  <div>
    <table cellspacing="0" cellpadding="0" id="ze35bbfd84c1843fa92ebfa975365d684" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 36pt; margin-top: 10pt; font-weight: bold;">(a)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">April 2020 &#8211; Common Share Purchase</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">The Reporting Person acquired the Common Shares for investment purposes and to exercise control over the Issuer.</div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z6cf8d23485714790afcb149b65d5ab1b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 36pt; margin-top: 10pt; font-weight: bold;">(b)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">December 2020 &#8211; Option Grant</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">The Reporting Person was granted the 2020 Options under the Issuer's December 1, 2020 Stock Option Plan in consideration
    of his services as Vice President and a director of the Issuer.&#160;<font style="font-weight: bold;">&#160;</font></div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z0a6f6ad59da54587ac737c974d4151c5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 36pt; margin-top: 10pt; font-weight: bold;">(c)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">September 2022 &#8211; Common Share Sale</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">The Reporting Person disposed of the Common Shares to cover personal obligations.</div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z784fe9ea8e854ee9b5d01ac2ea1bb0a3" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 36pt; margin-top: 10pt; font-weight: bold;">(d)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">October 2022 &#8211; Option Grant</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">The Reporting Person was granted the 2022 Options under the Issuer's Stock Option Plan Amended and Restated as of
      July 5, 2021 in consideration of his services as Vice President and a director of the Issuer.</div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z9ba1d79fba7d499eb3a710846f4c9118" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 36pt; margin-top: 10pt; font-weight: bold;">(e)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">October 2023 - Option Grant</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">The Reporting Person was granted the 2023 Options under the Issuer's 2023 Stock Incentive Plan in consideration of
      his services as a director of the Issuer.</div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z850ad3c792234e8e866ceb509a3afc62" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; text-align: right;">
            <div style="text-align: left; margin-left: 36pt; margin-top: 10pt; font-weight: bold;">(f)</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify; margin-top: 10pt; font-weight: bold;">November 2023 &#8211; Common Share Sale</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="text-align: justify; margin-left: 72pt; margin-top: 10pt;">The Reporting Person disposed of the Common Shares to cover personal obligations.</div>
  <table cellspacing="0" cellpadding="0" id="z45e4d4972acf4c32b752796fc002fc20" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 72pt; vertical-align: top; font-weight: bold;">Item 5.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Interest in Securities of the Issuer:</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="zddb35c2d024f49c9abfa9d3ae28bf050" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">(a)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>As of the date hereof, the Reporting Person may be deemed to beneficially own 1,200,000 Common Shares, representing approximately 8.91% of the Issuer&#8217;s Common Shares (on
            the basis of 13,271,750 outstanding common shares of the Issuer, plus 200,000 common shares in aggregate underlying convertible securities which are beneficially owned by the Reporting Person and included pursuant to Rule 13d-3(d)(1)(i) of the
            Act).&#160; The total number of Common Shares reported includes (i) 1,000,000 Common Shares and (ii) 200,000 in stock options exercisable for Common Shares.</div>
        </td>
      </tr>

  </table>
  <div style="text-align: justify; text-indent: 36pt; margin-top: 10pt;"><font style="font-weight: bold;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font>(i)<font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font>Sole power to vote or to direct the vote: 1,200,000 Common Shares</div>
  <table cellspacing="0" cellpadding="0" id="z3db7513676ef4307a79912bb41618254" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 72pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top;">(ii)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Shared power to vote or to direct the vote: 0 Common Shares</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="z0c6404b31ed34902aa41f59dc487e166" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 72pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top;">(iii)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Sole power to dispose or direct the disposition: 1,200,000 Common Shares</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="zbed9a5941dbe483e9789d293145dd679" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 72pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top;">(iv)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Shared power to dispose or direct the disposition: 0 Common Shares.</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="za893eb139caa4a29b67097b94f37d8b2" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">(c)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Not applicable.</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="z24e2ae8f535641089bba3d4e22ddda1c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">(d)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Not applicable.</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="zf7433b3e730646deaa7b9688fae3d68d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">(e)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Not applicable.</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="z1139ae63c9714a83b2a1c63520becef7" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 72pt; vertical-align: top; font-weight: bold;">Item 6.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer:</div>
        </td>
      </tr>

  </table>
  <div style="text-align: justify; text-indent: 0pt; margin-left: 36pt; margin-top: 10pt;">Item 3 of this Schedule 13D summarizes certain provisions of the subscription agreement, the stock
    purchase agreement, and the options and is incorporated herein by reference. The options held by the Reporting Person were granted pursuant to the Issuer&#8217;s December 1, 2020 Stock Option Plan, the Issuer&#8217;s Stock Option Plan Amended and Restated as of
    July 5, 2021, as described in the Issuer&#8217;s Form 20-F for the fiscal year ended December 31, 2022 as filed with the Commission on March 29, 2023, and the Issuer&#8217;s 2023 Stock Incentive Plan, effective May 10, 2023, as filed with the Commission on June
    30, 2023.</div>
  <div style="text-align: justify; text-indent: 0pt; margin-left: 36pt; margin-top: 10pt;">The Reporting Person has entered into stock purchase agreements dated October 18, 2023, with various
    purchasers, including Dennis Higgs, the Issuer&#8217;s President and a director, and Santorini Investment Corp., a company Darcy Higgs, the Issuer&#8217;s Vice President, Business Development, has control or direction over, to sell a total of 400,000 shares of
    common stock.&#160; The transaction closed November 9, 2023.</div>
  <table cellspacing="0" cellpadding="0" id="zfba470168377458cabe6f72bc9618073" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 72pt; vertical-align: top; font-weight: bold;">Item 7.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">Material to Be Filed as Exhibits:</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="zcc1f9690a8944681966382ba78dc9838" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 72pt; vertical-align: top;">Exhibit 10.1</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Stock Option Plan dated December 1, 2020 (incorporated by reference to <a href="https://www.sec.gov/Archives/edgar/data/1817740/000110465921080120/filename4.htm">Exhibit
              10.1</a> to the Form S-1 registration statement as filed with the Commission on June11, 2021, File No. 333-260404)</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="zfd27a6161f4a45e2ab804f0449399e39" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 72pt; vertical-align: top;">Exhibit 10.2</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Stock Option Plan Amended and Restated as of July 5, 2021 (incorporated by reference to <a href="https://www.sec.gov/Archives/edgar/data/1817740/000110465921128425/tm2119195d4_ex10-1.htm">Exhibit 10.1</a> to the Form S-1 registration statement as filed with the Commission on October 21, 2021, File No. 333-260404)</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="zf4e74b47479b4c2481397e86e175a130" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 72pt; vertical-align: top;">Exhibit 10.3</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>2023 Stock Incentive Plan, effective May 10, 2023 (incorporated by reference to <a href="https://www.sec.gov/Archives/edgar/data/1817740/000110465923076753/tm2320047d1_ex4-3.htm">Exhibit 4.3</a> to the Form S-8 registration statement filed with the Commission on June 30, 2023, File No. 333-273046)</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="zb4b3f53de5f14cbd843fc3aefa725496" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 72pt; vertical-align: top;">Exhibit 10.4</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Stock Purchase Agreement dated September 26, 2022 by and between the Reporting Person and Dennis Higgs and Joseph Ovsenek</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="zd378be201b994391ba042a7fe62a6e17" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 72pt; vertical-align: top;">Exhibit 10.5</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Stock Purchase Agreement dated October 18, 2023 by and between the Reporting Person and Dennis Higgs</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="z826c6cf245eb4153895b8a894d0e6648" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 72pt; vertical-align: top;">Exhibit 10.6</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Stock Purchase Agreement dated October 18, 2023 by and between the Reporting Person and Cameryn Higgs</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="z59a5fb87bf7641379b438ec96df6cdbd" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 72pt; vertical-align: top;">Exhibit 10.7</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Stock Purchase Agreement dated October 18, 2023 by and between the Reporting Person and Kaylie Higgs</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="z06876563f3114b3a9b762999685a6352" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 72pt; vertical-align: top;">Exhibit 10.8</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Stock Purchase Agreement dated October 18, 2023 by and between the Reporting Person and Santorini Investments Corp.</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" id="z90dfcb6f539540839182df9e2a9ffe9f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 10pt;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 72pt; vertical-align: top;">Exhibit 10.9</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>Stock Purchase Agreement dated October 18, 2023 by and between the Reporting Person and Robert Hatch</div>
        </td>
      </tr>

  </table>
  <div style="margin-top: 10pt; margin-bottom: 10pt;"><br>
  </div>
  <div style="text-align: center; margin-top: 10pt; margin-bottom: 10pt; font-weight: bold;">SIGNATURE</div>
  <div style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this
    statement is true, complete and correct.</div>
  <div style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">Date: November 18, 2023</div>
  <div><br>
  </div>
  <div style="text-align: justify;"><font style="font-style: italic;"><u>/s/ Kenneth McNaughton</u></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 180pt">&#160;</font></div>
  <div style="text-align: justify; margin-bottom: 12pt;">Kenneth McNaughton</div>
</body>
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<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>2
<FILENAME>ex4spa.htm
<DESCRIPTION>SEPTEMBER 2022 SPA
<TEXT>
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    <title></title>
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    <div style="text-align: center; margin-bottom: 24pt; font-size: 12pt; font-weight: bold;"><u>STOCK PURCHASE AGREEMENT</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">THIS STOCK PURCHASE
        AGREEMENT</font> (this &#8220;<font style="font-weight: bold;">Agreement</font>&#8221;) is made as of this 26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day of September, 2022, by and between Joseph Ovsenek, a resident of
      British Columbia, Canada and Kenneth McNaughton, a resident of British Columbia, Canada, (each a &#8220;<font style="font-weight: bold;">Seller</font>&#8221; and together the &#8220;<font style="font-weight: bold;">Sellers</font>&#8221;) and Dennis Higgs, a resident of British Columbia, Canada (&#8220;<font style="font-weight: bold;">Higgs</font>&#8221;
      or the &#8220;<font style="font-weight: bold;">Purchaser</font>&#8221;).</div>
    <div style="text-align: center; margin-bottom: 12pt; font-size: 12pt; font-weight: bold;"><u>RECITALS</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">WHEREAS,</font>
      Sellers each own 266,667 common shares of Austin Gold Corp., a British Columbia corporation (the &#8220;<font style="font-weight: bold;">Company</font>&#8221;); and</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">WHEREAS,</font>
      Sellers desire to sell all of such common shares to Purchaser, and Purchaser desires to purchase from Sellers all of such common shares for the consideration and on the terms set forth in this Agreement.</div>
    <div style="text-align: center; margin-bottom: 12pt; font-size: 12pt; font-weight: bold;"><u>AGREEMENT</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">NOW, THEREFORE,</font>
      in consideration of the foregoing and the promises and covenants contained herein, the sufficiency of which is hereby acknowledged, all parties hereto agree as follows:</div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt; font-weight: bold;">A.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-weight: bold; font-size: 12pt;"><u>PURCHASE OF SHARES</u></font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>The Shares</u></font>.&#160; Subject to the satisfaction of the terms and
        conditions set forth in this Agreement, Sellers each agree to sell 266,667 common shares of the Company to Purchaser, and Purchasers agrees to buy from each Seller 266,667 common shares of the Company for cash consideration in the aggregate amount
        of US$4,000.00 (the &#8220;<font style="font-weight: bold;">Purchase Price</font>&#8221;) to each Seller, representing a price of US$0.015 per common share.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Payment of Purchase Price</u></font>.&#160; The payment of the Purchase Price by
        Purchaser to each Seller shall be made at the Closing (as defined herein) by wire transfer to an account designated in writing by each such Seller at least one business day before the Closing Date or by delivery of other immediately available
        funds, including certified checks or bank drafts in the name as designated in writing by each such Seller at least one business day before the Closing Date.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>The Closing</u></font>.&#160; Following the satisfaction or waiver of all
        conditions to the obligations of the parties to consummate the transactions contemplated hereby, the closing of the transactions contemplated by this Agreement (the &#8220;<font style="font-weight: bold; font-style: italic;">Closing</font>&#8221;) shall take place at the offices of Dorsey&#160;&amp;&#160;Whitney LLP in Denver, Colorado commencing at 10:30 a.m. local time on September __, 2022 or such other location and date as Purchaser and
        Sellers may mutually determine (the &#8220;<font style="font-weight: bold; font-style: italic;">Closing Date</font>&#8221;).</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Transfer of Shares</u></font>.&#160; Concurrently with the delivery of the Purchase
        Price at the Closing, Sellers shall each deliver to Purchaser the stock certificate(s) representing the 266,667 common shares from each Seller endorsed in blank or accompanied by duly executed assignment documents, free and clear from any
        restrictions on transfer, except for (i)&#160;restrictions on transfer set forth in that certain Lock-Up Agreement by and between each Seller and Roth Capital Partners, LLC (&#8220;<font style="font-weight: bold;">Roth</font>&#8221;) dated May&#160;3, 2022 (the &#8220;<font style="font-weight: bold;">Lock-Up Agreements</font>&#8221;), which the Purchaser is also bound by (&#8220;<font style="font-weight: bold;">Purchaser Lock-Up Agreement</font>&#8221;) and Purchaser hereby agrees that the common shares acquired hereunder will be subject to the Purchaser Lock-Up Agreement to the same
        extent as if such shares had been held by the Purchaser on the date of the Purchaser Lock-Up Agreement.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt; font-weight: bold;">B.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-weight: bold; font-size: 12pt;"><u>REPRESENTATIONS AND WARRANTIES OF PURCHASERS</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">The Purchaser hereby represents, warrants and covenants that:</div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Authorization</u></font>.&#160; Purchaser has full power and authority to enter
        into this Agreement, and such agreement constitutes a valid and legally binding obligation, enforceable in accordance with its terms except (i)&#160;as limited by applicable bankruptcy and other laws of general application affecting enforcement of
        creditors&#8217; rights generally and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Residence and Legal Capacity</u></font>.&#160; Purchaser is a resident of the
        jurisdiction indicated on the signature page hereof, is of the age of majority for the jurisdiction in which such Purchaser resides and has sufficient legal capacity to execute this Agreement.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Access to Information</u></font>.&#160; Purchaser has had access during the course
        of this transaction and prior to the execution of this Agreement to all information necessary to enable Purchaser to evaluate the merits and risks of a prospective investment in the Company.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No-Conflict</u></font>.&#160; Neither the execution and the delivery of this
        Agreement, nor the consummation of the transactions contemplated hereby, will (A)&#160;violate any statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to
        which Purchaser is subject or (B)&#160;result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under any agreement, contract,
        lease, license, instrument, or other arrangement to which Purchaser is a party or by which he is bound, which breach, default, acceleration, right or requirement would prevent the Purchaser from consummating the transactions contemplated by this
        Agreement.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Brokers&#8217; Fees</u></font>.&#160; Purchaser has no liability or obligation to pay any
        fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which any other Purchaser or Sellers could become liable or obligated.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Investment Intent</u></font>.&#160; Purchaser is not acquiring the common shares
        with a view to or for sale in connection with any distribution thereof within the meaning of the U.S. Securities Act of 1933, as amended (the &#8220;<font style="font-weight: bold;">U.S.
          Securities Act</font>&#8221;).&#160; Purchaser is aware that the common shares are being sold to him in a transaction that is exempt from the registration requirements of the U.S. Securities Act and pursuant to similar exemptions from any applicable
        securities laws or regulations of any state of the United States.&#160; Purchaser has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of investments such as the Shares and is able to
        bear the economic risk of loss of its entire investment.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>U.S. Resale Restrictions</u></font>.&#160; Purchaser understands and acknowledges
        that the Shares have not been registered under the U.S. Securities Act or any applicable securities laws of any state of the United States or regulations and may not be offered, sold, pledged or transferred, directly or indirectly in the United
        States or to, or for the account or benefit of a U.S. Person, unless so registered or pursuant to an available exemption from such registration requirements and as a director and officer to the Company, Purchaser is considered an &#8220;affiliate&#8221; of the
        Company and is subject to control shares provisions under Rule 144 of the U.S. Securities Act.&#160; Unless registered, such control share provisions restrict the ability of the Purchaser to sale of his shares in the open market in the United States
        subject to certain hold period, manner of sale, volume of sale and notice of sale restrictions.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt; font-weight: bold;">C.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-weight: bold; font-size: 12pt;"><u>REPRESENTATIONS AND WARRANTIES OF SELLER</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">Each Seller, severally and not jointly, hereby represents, warrants and covenants that:</div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Authorization</u></font>.&#160; Such Seller has full power and authority to enter
        into this Agreement, and such agreement constitutes a valid and legally binding obligation, enforceable in accordance with its terms against such Seller except (i)&#160;as limited by applicable bankruptcy and other laws of general application affecting
        enforcement of creditors&#8217; rights generally and (ii)&#160;as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Residence and Legal Capacity</u></font>.&#160; Such Seller is a resident of the
        jurisdiction indicated on the signature page hereof, is of the age of majority for the jurisdiction in which they reside and have sufficient legal capacity to execute this Agreement.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Ownership of the Shares</u></font>.&#160; Seller is the sole registered and
        beneficial owner of the common shares being sold pursuant to this Agreement and has full power and authority to convey such common shares free and clear of all liens, encumbrances, restrictions and claims of every kind and, upon delivery of and
        payment for such common shares as herein provided, Purchaser shall acquire good and valid title thereto, free and clear of all liens, encumbrances, restrictions and claims of every kind, except for the restrictions set forth in the applicable
        Lock-Up Agreements and as may be imposed pursuant to applicable securities laws. There is no outstanding subscription, warrant, call, commitment, option or other agreement or right of any kind to purchase or otherwise to receive or acquire from
        Purchasers any interest in such Shares. Seller is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.</font></div>
    <div style="margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Access to Information</u></font>.&#160; Seller has had the opportunity to ask
        questions and receive answers concerning the terms and conditions of the transaction contemplated by this Agreement and have had access to such information concerning the Company as the Seller has considered necessary or appropriate in connection
        with their investment decision to sell the common shares, including access to the Company&#8217;s public filings available on the Internet at www.sedar.com and www.sec.gov, and that any answers to questions and any reasonable requests for information
        have been complied with to the Sellers&#8217; complete satisfaction. Sellers have had the opportunity to seek independent legal and tax advice relative to this transaction and Sellers have such knowledge and experience in financial and business matters,
        either alone or in consultation with their advisors, as to be capable of evaluating the merits and risks of the sale of the Shares.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No-Conflict</u></font>.&#160; Neither the execution and the delivery of this
        Agreement, nor the consummation of the transactions contemplated hereby, will (A)&#160;violate any statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to
        which either Seller is subject or (B)&#160;result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under any agreement, contract,
        lease, license, instrument, or other arrangement to which either Seller is a party or by which he or she is bound, which breach, default, acceleration, right or requirement would prevent the Sellers from consummating the transactions contemplated
        by this Agreement.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No Consents</u></font>.&#160; Except for the consent of Roth pursuant to the
        Seller&#8217;s Lock-Up Agreement, no consent of any third-party is necessary for the Seller to sell the common shares or consummate any of the transactions contemplated by this Agreement.&#160; Any consent of the Seller&#8217;s spouse required pursuant to any
        applicable communal property laws of the Seller&#8217;s jurisdiction of residence has been obtained and will be delivered at Closing.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Brokers&#8217; Fees</u></font>.&#160; Seller has no liability or obligation to pay any
        fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which any Purchaser could become liable or obligated.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">8.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Private Resale</u></font>.&#160; Seller: (A)&#160;acquired the common shares for their
        own account for investment purposes and not with a view to any distribution of such common shares, (B)&#160;have not engaged in any form of general solicitation or general advertising in connection with the sale of the common shares, and (C)&#160;Purchaser
        was the only offeree with respect to the sale of such common shares.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">9.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Release of Future Gains</u></font>.&#160; <font style="font-weight: bold;">Seller acknowledges that by selling the common shares he is foregoing any potential future gains and/or dividends or distributions resulting from the ownership of the common shares
          and Seller hereby releases Purchaser from any and all claims, rights or actions of Seller against Purchaser in relation to any such future gains and/or dividends or distributions</font>.&#160; Seller acknowledges that the market value of the common
        shares is currently and could, in the future and depending on the success of the Company&#8217;s business, become worth substantially more than the price at which the Purchaser is purchasing the common shares from the Seller.&#160; Seller acknowledges that
        the market value of the common shares could, in the future and depending on the success of the Company&#8217;s business, become worth substantially more than the price at which the Purchaser is purchasing the common shares from the Seller.&#160; Seller
        understands that the Company has from time to time explored, and will continue to explore, exit strategies, including, without limitation, selling the Company, merger, consolidation and similar transactions.&#160; Seller understands that any future sale
        of common shares of the Company in relation to such a transaction could be at a premium or a discount to the per common share Purchase Price, and such sale could occur at any time or not at all.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">10.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No Representations Regarding Price</u></font>.&#160; <font style="font-weight: bold;">Sellers acknowledges that Purchaser has not made any representations to them regarding the potential future price of the common shares and that the Seller has independently
          determined, either alone or in consultation with their advisors, that the Purchase Price is sufficient compensation for the value of the common shares and is fair and equitable to the Seller</font>.&#160; Seller further understands that the Purchase
        Price was determined through an arm&#8217;s length negotiation between Seller and Purchaser and that Seller did not rely on Purchaser or any other person to determine the value of the common shares, and that the actual fair market value of the common
        shares could be higher or lower than the Purchase Price.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">11.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Use of Proceeds</u></font>.&#160; Seller represents that they will not use the
        proceeds of the sale of the common shares for any unlawful purpose.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">12.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Release of Claims</u></font>.&#160; Seller on his own behalf and on behalf of his
        respective heirs, family members, executors, agents, and assigns, hereby and forever releases the Purchaser and his heirs, family members, executors, agents, and assigns (&#8220;<font style="font-weight: bold; font-style: italic;">Releases</font>&#8221;) from, and agrees not to sue concerning, or in any manner to institute, prosecute, or pursue, any claim, complaint, charge, duty, obligation, or cause of action relating to any matters of
        any kind, whether presently known or unknown, suspected or unsuspected, that Seller may possess against any of the Releases arising from this or related to this Agreement or relating to the Purchase Price.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt; font-weight: bold;">D.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Tax Consequences</u></font>.&#160; Seller has reviewed
        with their own tax advisors the federal, state, local and foreign tax consequences of this Agreement and the transactions contemplated hereunder.&#160; Seller is relying solely on their own such advisors and not on any statements or representations of
        the Company or its agents or the Purchaser or their agents.&#160; <font style="font-weight: bold;">Seller understands, acknowledges and agrees that they shall be responsible for their own
          tax liability that may arise as a result of this Agreement or the transactions contemplated hereunder; provided however, that if the Canada Revenue Agency determines that the sale of the common shares under this Agreement is a taxable transaction
          at a per common share price higher than per common share Purchase Price under this Agreement, such that Seller has tax owing as a result of the sale of common shares under this Agreement, then Purchaser agrees to promptly pay such tax owing as a
          result of the specific sale under this Agreement</font>.&#160; The Purchaser makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Seller or made on their behalf under the
        terms of this Agreement.<font style="font-weight: bold;"><u>INDEMNITY</u></font></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">Seller, severally and not jointly, shall indemnify, defend and hold Purchaser harmless against any and all
      liabilities, loss, cost or damage, together with all reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses), arising from, relating to, or connected with any untrue, inaccurate or breached
      statement, representation, warranty or covenant of such Seller set forth in this Agreement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">Purchaser shall indemnify, defend and hold each Seller harmless against any and all liabilities, loss, cost or
      damage, together with all reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses), arising from, relating to, or connected with any untrue, inaccurate or breached statement, representation, warranty
      or covenant of Purchaser set forth in this Agreement,</div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt; font-weight: bold;">E.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-weight: bold; font-size: 12pt;"><u>BEST EFFORTS TO CLOSE</u></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">Each of the parties will use his or her reasonable best efforts to take all action and to do all things necessary,
      proper, or advisable in order to consummate and make effective the transactions contemplated by this Agreement.</div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt; font-weight: bold;">F.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-weight: bold; font-size: 12pt;"><u>CONDITIONS TO OBLIGATIONS TO CLOSE</u></font></div>
    <div style="margin-bottom: 12pt; text-indent: 72pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><u>Conditions to Obligation of Purchaser.&#160; The obligation of Purchaser to consummate the transactions to be performed by each of them in connection with the Closing is subject
          to satisfaction of the following conditions:</u></font></div>
    <div style="margin-bottom: 12pt; text-indent: 108pt;"><font style="font-size: 12pt;">(a)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Purchaser shall have agreed that the common shares purchased hereunder will be governed by the Purchaser&#8217;s Lock-UP Agreement to the satisfaction of Roth;</font></div>
    <div style="margin-bottom: 12pt; text-indent: 108pt;"><font style="font-size: 12pt;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">the representations and warranties set forth in Article&#160;C above shall be true and correct in all material respects at and as of the Closing Date;</font></div>
    <div style="margin-bottom: 12pt; text-indent: 108pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Seller shall have performed and complied with all of his covenants hereunder in all material respects through the Closing;</font></div>
    <div style="margin-bottom: 12pt; text-indent: 108pt;"><font style="font-size: 12pt;">(d)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state, local, or foreign jurisdiction
        or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A)&#160;prevent consummation of any of the transactions contemplated by this Agreement, (B)&#160;cause any of the transactions contemplated by this
        Agreement to be rescinded following consummation, or (C)&#160;affect adversely the rights of Purchaser to own the common shares;</font></div>
    <div style="margin-bottom: 12pt; text-indent: 108pt;"><font style="font-size: 12pt;">(e)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">all actions to be taken by Seller in connection with consummation of the transactions contemplated hereby and all certificates, opinions, instruments, and other documents
        required to effect the transactions contemplated hereby will be reasonably satisfactory in form and substance to Purchaser; and</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">Purchaser may waive any condition specified in this section if each Purchaser executes a writing so stating at or
      prior to the Closing.</div>
    <div style="margin-bottom: 12pt; text-indent: 72pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><u>Conditions to Obligation of the Seller.&#160; The obligation of each Seller to consummate the transactions to be performed by them in connection with the Closing is subject to
          satisfaction of the following conditions:</u></font></div>
    <div style="margin-bottom: 12pt; text-indent: 108pt;"><font style="font-size: 12pt;">(a)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Seller shall have received the consent of Roth under such Seller&#8217;s Lock-Up Agreement for the transaction contemplated by this Agreement;</font></div>
    <div style="margin-bottom: 12pt; text-indent: 108pt;"><font style="font-size: 12pt;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">the representations and warranties set forth Article&#160;B above shall be true and correct in all material respects at and as of the Closing Date;</font></div>
    <div style="margin-bottom: 12pt; text-indent: 108pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Purchaser shall have performed and complied with all of his covenants hereunder in all material respects through the Closing;</font></div>
    <div style="margin-bottom: 12pt; text-indent: 108pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state, local, or foreign jurisdiction
        or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A)&#160;prevent consummation of any of the transactions contemplated by this Agreement or (B)&#160;cause any of the transactions contemplated by
        this Agreement to be rescinded following consummation (and no such injunction, judgment, order, decree, ruling, or charge shall be in effect); and</font></div>
    <div style="margin-bottom: 12pt; text-indent: 108pt;"><font style="font-size: 12pt;">(d)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">all actions to be taken by Purchasers in connection with consummation of the transactions contemplated hereby and all certificates, opinions, instruments, and other documents
        required to effect the transactions contemplated hereby will be reasonably satisfactory in form and substance to the Seller.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">The Seller may waive any condition specified in this section if they execute a writing so stating at or prior to
      the Closing.</div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt; font-weight: bold;">G.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-weight: bold; font-size: 12pt;"><u>SURVIVAL OF REPRESENTATIONS AND WARRANTIES</u></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">All of the representations and warranties of the parties contained in this Agreement shall survive the Closing
      hereunder (even if the damaged party knew or had reason to know of any misrepresentation or breach of warranty or covenant at the time of Closing) and continue in full force and effect forever thereafter (subject to any applicable statutes of
      limitations).</div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt; font-weight: bold;">H.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-weight: bold; font-size: 12pt;"><u>MISCELLANEOUS PROVISIONS</u></font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Successors and Assigns</u></font>.&#160; Except as otherwise provided herein, the
        terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties.&#160; Nothing in this Agreement, express or implied, is intended to confer upon any party, other than the
        parties hereto or their respective successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Governing Law; Attorneys&#8217; Fees</u></font>.&#160; This Agreement shall be governed
        by and construed in accordance with the laws of the Province of British Columbia, without regards to conflict of law principles thereof.&#160; To the extent any dispute arises between the Parties hereto regarding any of the subject matter hereof, the
        prevailing party in any action or arbitration proceeding, including any action for emergency or equitable relief brought in connection therewith will be entitled to reasonable attorneys&#8217; fees and court costs from the losing party.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Titles and Subtitles</u></font>.&#160; The titles and subtitles used in this
        Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Notices</u></font>.&#160; All notices required or permitted hereunder shall be in
        writing and shall be deemed effectively given: (i)&#160;upon personal delivery to the party to be notified, (ii) when sent by confirmed telex or email if sent during normal business hours of the recipient, if not, then on the next business day;
        (iii)&#160;five days after having been sent by registered or certified mail, return receipt requested, postage prepaid; or (iv)&#160;one day after deposit with a nationally recognized overnight courier, specifying next day delivery, with written verification
        of receipt, to the addresses of the Sellers and Purchaser set forth of the signature page hereto.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Amendments and Waivers</u></font>.&#160; Any term of this Agreement may be amended
        and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of Sellers and Purchaser.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Severability</u></font>.&#160; If one or more provisions of this Agreement are held
        to be unenforceable under applicable law, such provision shall be excluded from this Agreement and the balance of the Agreement shall be interpreted as if such provision were so excluded and shall be enforceable in accordance with its terms.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Entire Agreement</u></font>.&#160; This Agreement and the documents referred to
        herein constitute the entire agreement among the parties and no party shall be liable or bound to any other party in any manner by any warranties, representations or covenants except as specifically set forth herein or therein.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">8.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Counterparts</u></font>.&#160; This Agreement may be executed in two or more
        counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.</font></div>
    <div style="margin-bottom: 12pt; text-indent: 36pt;"><font style="font-size: 12pt;">9.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Expenses</u></font>.&#160; Each of the parties will bear his or her own costs and
        expenses (including legal fees and expenses) incurred in connection with this Agreement and the transactions contemplated hereby.</font></div>
    <div style="text-align: center; margin-top: 36pt; font-size: 12pt;">[SIGNATURE PAGES FOLLOW]</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">IN WITNESS WHEREOF</font>, the parties
      have executed this Agreement as of the date first above written.</div>
    <table cellspacing="0" cellpadding="0" id="za8148063ff554399b1e8ea7f92ae7ecf" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: justify; font-size: 12pt; font-weight: bold;">SELLERS</div>
            <div style="text-align: justify; font-size: 12pt; font-weight: bold;">Joseph Ovsenek</div>
            <div style="text-align: justify; text-indent: 201pt; font-size: 12pt;"><br>
              (Signature)</div>
            <div style="text-align: justify;"><font style="font-size: 12pt; font-weight: bold;">Address:</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;">2821 Kitchener Street</font></div>
            <div style="text-align: justify; text-indent: 72pt; font-size: 12pt; font-weight: bold;">Vancouver, BC</div>
            <div style="text-align: justify; text-indent: 72pt; font-size: 12pt; font-weight: bold;">V5K 3E4</div>
            <div style="text-align: justify; font-size: 12pt; font-weight: bold;">Email: jovsenek@p2gold.com</div>
            <div style="text-align: justify; font-size: 12pt; font-weight: bold;">Kenneth McNaughton</div>
            <div style="text-align: justify; text-indent: 201pt; font-size: 12pt;"><br>
              (Signature)</div>
            <div style="text-align: justify;"><font style="font-size: 12pt; font-weight: bold;">Address:</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;">3492 West 6<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Ave</font></div>
            <div style="text-align: justify; text-indent: 72pt; font-size: 12pt; font-weight: bold;">Vancouver, BC</div>
            <div style="text-align: justify; text-indent: 72pt; font-size: 12pt; font-weight: bold;">V6R 1T3</div>
            <div style="text-align: justify; font-size: 12pt; font-weight: bold;">Email: kmcnaughton@p2gold.com</div>
            <div style="text-align: justify; font-size: 12pt; font-weight: bold;">PURCHASER:</div>
            <div style="text-align: justify; font-size: 12pt; font-weight: bold;">Dennis Higgs</div>
            <div style="text-align: justify; text-indent: 201pt; font-size: 12pt;"><br>
              (Signature)</div>
            <div style="text-align: justify;"><font style="font-size: 12pt; font-weight: bold;">Address:</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;">4520 West 5<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Ave</font></div>
            <div style="text-align: justify; text-indent: 72pt; font-size: 12pt; font-weight: bold;">Vancouver, BC</div>
            <div style="text-align: justify; text-indent: 72pt; font-size: 12pt; font-weight: bold;">V6R 1S7</div>
            <div style="text-align: justify; font-size: 12pt; font-weight: bold;">Email: dennis@senategroup.com</div>
          </td>
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<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>3
<FILENAME>ex5spa.htm
<DESCRIPTION>DENNIS HIGGS SPA
<TEXT>
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    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>STOCK PURCHASE AGREEMENT</u></div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;"><font style="font-weight: bold;">THIS STOCK PURCHASE AGREEMENT </font>(this
      &#8220;<font style="font-weight: bold;">Agreement</font>&#8221;) is<font style="font-weight: bold;">&#160;</font>made as of this 18<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>
      day of October, 2023, by and between Ken McNaughton, a resident of British Columbia, Canada (the &#8220;<font style="font-weight: bold;">Seller</font>&#8221;) and Dennis Higgs, a resident of British
      Columbia, Canada (&#8220;<font style="font-weight: bold;">Higgs</font>&#8221; or the &#8220;<font style="font-weight: bold;">Purchaser</font>&#8221;).</div>
    <div><br>
    </div>
    <div style="text-align: center; margin-top: 6pt; margin-bottom: 12pt; font-size: 12pt; font-weight: bold;"><u>RECITALS</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">WHEREAS</font>,
      Seller owns 230,000 common shares of Austin Gold Corp., a British Columbia corporation (the &#8220;<font style="font-weight: bold;">Company</font>&#8221;); and</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">WHEREAS</font>,
      Seller desires to sell all of such common shares to Purchaser, and Purchaser desires to purchase from Seller all of such common shares for the consideration and on the terms set forth in this Agreement.</div>
    <div style="text-align: center; margin-top: 6pt; margin-bottom: 12pt; font-size: 12pt; font-weight: bold;"><u>AGREEMENT</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">NOW, THEREFORE</font>,
      in consideration of the foregoing and the promises and covenants contained herein, the sufficiency of which is hereby acknowledged, all parties hereto agree as follows:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">A.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>PURCHASE OF SHARES</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>The Shares</u></font>.&#160; Subject to the
        satisfaction of the terms and conditions set forth in this Agreement, Seller agrees to sell 230,000 common shares of the Company to Purchaser, and Purchaser agrees to buy from Seller 230,000 common shares of the Company for cash consideration in
        the aggregate amount of C$230,000.00 (the &#8220;<font style="font-weight: bold;">Purchase Price</font>&#8221;) to the Seller, representing a price of C$1.00 per common share.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Payment of Purchase Price</u></font>.&#160; The
        payment of the Purchase Price by Purchaser to Seller shall be made at the Closing (as defined herein) by wire transfer to an account designated in writing by each such Seller at least one business day before the Closing Date or by delivery of other
        immediately available funds, including certified checks or bank drafts in the name as designated in writing by Seller at least one business day before the Closing Date, or by delivery against payment (&#8220;<font style="font-weight: bold;">DAP</font>&#8221;) if transacted within brokerage accounts.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>The Closing</u></font>.&#160; Following the
        satisfaction or waiver of all conditions to the obligations of the parties to consummate the transactions contemplated hereby, the closing of the transactions contemplated by this Agreement (the &#8220;<font style="font-weight: bold; font-style: italic;">Closing</font>&#8221;) shall take place at the offices of Dorsey &amp; Whitney LLP in Denver, Colorado commencing at 10:30 a.m. local time on October 25, 2023 or such other location and
        date as Purchaser and Sellers may mutually determine (the &#8220;<font style="font-weight: bold; font-style: italic;">Closing Date</font>&#8221;).</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Transfer of Shares</u></font>.&#160; Concurrently with the delivery of the Purchase
        Price at the Closing, Seller shall deliver to Purchaser the stock certificate(s) representing the 230,000 common shares from the Seller endorsed in blank or accompanied by duly executed assignment documents, free and clear from any restrictions on
        transfer.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">B.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>REPRESENTATIONS AND WARRANTIES OF PURCHASERS</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">The Purchaser hereby represents, warrants and covenants that:</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">1.&#160; &#160; <font style="font-weight: bold;"><u>Authorization</u></font>.
      Purchaser has full power and authority to enter into this Agreement, and such agreement constitutes a valid and legally binding obligation, enforceable in accordance with its terms except (i) as limited by applicable bankruptcy and other laws of
      general application affecting enforcement of creditors&#8217; rights generally and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">2.&#160; &#160; <font style="font-weight: bold;"><u>Residence
          and Legal Capacity</u></font>. Purchaser is a resident of the jurisdiction indicated on the signature page hereof, is of the age of majority for the jurisdiction in which such Purchaser resides and has sufficient legal capacity to execute this
      Agreement.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">3.&#160; &#160;&#160; <font style="font-weight: bold;"><u>Access
          to Information</u></font>.&#160; Purchaser has had access during the course of this transaction and prior to the execution of this Agreement to all information necessary to enable Purchaser to evaluate the merits and risks of a prospective investment
      in the Company.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No-Conflict</u></font>.&#160; Neither the execution
        and the delivery of this Agreement, nor the consummation of the transactions contemplated hereby, will (A) violate any statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government,
        governmental agency, or court to which Purchaser is subject or (B) result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice
        under any agreement, contract, lease, license, instrument, or other arrangement to which Purchaser is a party or by which he is bound, which breach, default, acceleration, right or requirement would prevent the Purchaser from consummating the
        transactions contemplated by this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Brokers&#8217; Fees</u></font>.&#160; Purchaser has no
        liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which any other Purchaser or Sellers could become liable or obligated.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Investment Intent</u></font>.&#160; Purchaser is
        not acquiring the common shares with a view to or for sale in connection with any distribution thereof within the meaning of the U.S. Securities Act of 1933, as amended (the &#8220;<font style="font-weight: bold;">U.S. Securities Act</font>&#8221;). Purchaser is aware that the common shares are being sold to him in a transaction that is exempt from the registration requirements of the U.S. Securities Act and pursuant to similar
        exemptions from any applicable securities laws or regulations of any state of the United States.&#160; Purchaser has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of investments
        such as the Shares and is able to bear the economic risk of loss of its entire investment.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>U.S. Resale Restrictions</u></font>.&#160;
        Purchaser understands and acknowledges that the Shares have not been registered under the U.S. Securities Act or any applicable securities laws of any state of the United States or regulations and may not be offered, sold, pledged or transferred,
        directly or indirectly in the United States or to, or for the account or benefit of a U.S. Person, unless so registered or pursuant to an available exemption from such registration requirements and as a director and officer to the Company,
        Purchaser is considered an &#8220;affiliate&#8221; of the Company and is subject to control shares provisions under Rule 144 of the U.S. Securities Act.&#160; Unless registered, such control share provisions restrict the ability of the Purchaser to sell his shares
        in the open market in the United States subject to certain hold period, manner of sale, volume of sale and notice of sale restrictions.</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">C.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>REPRESENTATIONS AND WARRANTIES OF SELLER</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">Seller hereby represents, warrants and covenants that:</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Authorization</u></font>.&#160; Such Seller has
        full power and authority to enter into this Agreement, and such agreement constitutes a valid and legally binding obligation, enforceable in accordance with its terms against such Seller except (i) as limited by applicable bankruptcy and other laws
        of general application affecting enforcement of creditors&#8217; rights generally and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Residence and Legal Capacity</u></font>.&#160; Such
        Seller is a resident of the jurisdiction indicated on the signature page hereof, is of the age of majority for the jurisdiction in which they reside and have sufficient legal capacity to execute this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Ownership of the Shares</u></font>.&#160; Seller is
        the sole registered and beneficial owner of the common shares being sold pursuant to this Agreement and has full power and authority to convey such common shares free and clear of all liens, encumbrances, restrictions and claims of every kind and,
        upon delivery of and payment for such common shares as herein provided, Purchaser shall acquire good and valid title thereto, free and clear of all liens, encumbrances, restrictions and claims of every kind, except for the restrictions as may be
        imposed pursuant to applicable securities laws.&#160; There is no outstanding subscription, warrant, call, commitment, option or other agreement or right of any kind to purchase or otherwise to receive or acquire from Purchasers any interest in such
        Shares.&#160; Seller is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Access to Information</u></font>.&#160; Seller has
        had the opportunity to ask questions and receive answers concerning the terms and conditions of the transaction contemplated by this Agreement and have had access to such information concerning the Company as the Seller has considered necessary or
        appropriate in connection with their investment decision to sell the common shares, including access to the Company&#8217;s public filings available on the Internet at www.sedar.com and www.sec.gov, and that any answers to questions and any reasonable
        requests for information have been complied with to the Sellers&#8217; complete satisfaction.&#160; Sellers have had the opportunity to seek independent legal and tax advice relative to this transaction and Sellers have such knowledge and experience in
        financial and business matters, either alone or in consultation with their advisors, as to be capable of evaluating the merits and risks of the sale of the Shares.</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No-Conflict</u></font>.&#160; Neither the execution and the delivery of this
        Agreement, nor the consummation of the transactions contemplated hereby, will (A) violate any statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to
        which Seller is subject or (B) result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under any agreement, contract, lease,
        license, instrument, or other arrangement to which Seller is a party or by which he or she is bound, which breach, default, acceleration, right or requirement would prevent the Sellers from consummating the transactions contemplated by this
        Agreement.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No Consents</u></font>.&#160; No consent of any third-party is necessary for the
        Seller to sell the common shares or consummate any of the transactions contemplated by this Agreement. Any consent of the Seller&#8217;s spouse required pursuant to any applicable communal property laws of the Seller&#8217;s jurisdiction of residence has been
        obtained and will be delivered at Closing.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Brokers&#8217; Fees</u></font>.&#160; Seller has no
        liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which any Purchaser could become liable or obligated.</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">8.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Private Resale</u></font>.&#160; Seller: (A) acquired the common shares for their
        own account for investment purposes and not with a view to any distribution of such common shares, (B) have not engaged in any form of general solicitation or general advertising in connection with the sale of the common shares, and (C) Purchaser
        was the only offeree with respect to the sale of such common shares.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">9.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Release of Future Gains</u></font>.&#160; <font style="font-weight: bold;">Seller acknowledges that by selling the common shares he is foregoing any potential future gains and/or dividends or distributions resulting from the ownership of the common shares
          and Seller hereby releases Purchaser from any and all claims, rights or actions of Seller against Purchaser in relation to any such future gains and/or dividends or distributions</font>. Seller acknowledges that the market value of the common
        shares is currently and could, in the future and depending on the success of the Company&#8217;s business, become worth substantially more than the price at which the Purchaser is purchasing the common shares from the Seller. Seller acknowledges that the
        market value of the common shares could, in the future and depending on the success of the Company&#8217;s business, become worth substantially more than the price at which the Purchaser is purchasing the common shares from the Seller. Seller understands
        that the Company has from time to time explored, and will continue to explore, exit strategies, including, without limitation, selling the Company, merger, consolidation and similar transactions.&#160; Seller understands that any future sale of common
        shares of the Company in relation to such a transaction could be at a premium or a discount to the per common share Purchase Price, and such sale could occur at any time or not at all.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">10.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No Representations Regarding Price</u></font>.&#160; <font style="font-weight: bold;">Sellers acknowledges that Purchaser has not made any representations to them regarding the potential future price of the common shares and that the Seller has independently
          determined, either alone or in consultation with their advisors,&#160; that the Purchase Price is sufficient compensation for the value of the common shares and is fair and equitable to the Seller</font>.&#160; Seller further understands that the Purchase
        Price was determined through an arm&#8217;s length negotiation between Seller and Purchaser and that Seller did not rely on Purchaser or any other person to determine the value of the common shares, and that the actual fair market value of the common
        shares could be higher or lower than the Purchase Price.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">11.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Use of Proceeds</u></font>.&#160; Seller represents that they will not use the
        proceeds of the sale of the common shares for any unlawful purpose.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">12.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Release of Claims</u></font>.&#160; Seller on his own behalf and on behalf of his
        respective heirs, family members, executors, agents, and assigns, hereby and forever releases the Purchaser and his heirs, family members, executors, agents, and assigns (&#8220;<font style="font-weight: bold; font-style: italic;">Releasees</font>&#8221;)&#160; from, and agrees not to sue concerning, or in any manner to institute, prosecute, or pursue, any claim, complaint, charge, duty, obligation, or cause of action relating to any matters of
        any kind, whether presently known or unknown, suspected or unsuspected, that Seller may possess against any of the Releasees arising from this or related to this Agreement or relating to the Purchase Price.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">13.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Tax Consequences</u></font>.&#160; Seller has reviewed with their own tax advisors
        the federal, state, local and foreign tax consequences of this Agreement and the transactions contemplated hereunder.&#160; Seller is relying solely on their own such advisors and not on any statements or representations of the Company or its agents or
        the Purchaser or their agents.&#160; <font style="font-weight: bold;">Seller understands, acknowledges and agrees that they shall be responsible for their own tax liability that may arise
          as a result of this Agreement or the transactions contemplated hereunder</font>.&#160; The Purchaser makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Seller or made on
        their behalf under the terms of this Agreement.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 12pt;">D.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>INDEMNITY</u></font></div>
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    <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;">Seller shall indemnify, defend and hold Purchaser harmless against any and all liabilities, loss, cost or damage, together with all
      reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses), arising from, relating to, or connected with any untrue, inaccurate or breached statement, representation, warranty or covenant of such
      Seller set forth in this Agreement.</div>
    <div><br>
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    <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;">Purchaser shall indemnify, defend and hold Seller harmless against any and all liabilities, loss, cost or damage, together with all
      reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses), arising from, relating to, or connected with any untrue, inaccurate or breached statement, representation, warranty or covenant of Purchaser
      set forth in this Agreement.</div>
    <div><br>
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    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">E.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>BEST EFFORTS TO CLOSE</u></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">Each of the parties will use his or her reasonable best efforts to take all action and to do all things necessary,
      proper, or advisable in order to consummate and make effective the transactions contemplated by this Agreement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">F.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>CONDITIONS TO OBLIGATIONS TO CLOSE</u></font></div>
    <div style="text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><u>Conditions to Obligation of Purchaser</u>. The obligation of
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    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(a)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">the representations and warranties set forth in Article C above shall be true and correct in all material respects at and as of the Closing Date;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Seller shall have performed and complied with all of his covenants hereunder in all material respects through the Closing;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state,
        local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement, (B) cause any of the
        transactions contemplated by this Agreement to be rescinded following consummation, or (C) affect adversely the rights of Purchaser to own the common shares;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(d)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">all actions to be taken by Seller in connection with consummation of the transactions contemplated hereby and all certificates, opinions,
        instruments, and other documents required to effect the transactions contemplated hereby will be reasonably satisfactory in form and substance to Purchaser; and</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">Purchaser may waive any condition specified in this section if each Purchaser executes a writing so stating at or
      prior to the Closing.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><u>Conditions to Obligation of the Seller</u>. The obligation
        of Seller to consummate the transactions to be performed by them in connection with the Closing is subject to satisfaction of the following conditions:</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(a)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">the representations and warranties set forth Article B above shall be true and correct in all material respects at and as of the Closing Date;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Purchaser shall have performed and complied with all of his covenants hereunder in all material respects through the Closing;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state,
        local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement or (B) cause any of the
        transactions contemplated by this Agreement to be rescinded following consummation (and no such injunction, judgment, order, decree, ruling, or charge shall be in effect); and</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(d)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">all actions to be taken by Purchaser in connection with consummation of the transactions contemplated hereby and all certificates, opinions,
        instruments, and other documents required to effect the transactions contemplated hereby will be reasonably satisfactory in form and substance to the Seller.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">The Seller may waive any condition specified in this section if they execute a writing so stating at or prior to
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    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">G.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>SURVIVAL OF REPRESENTATIONS AND WARRANTIES</u></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">All of the representations and warranties of the parties contained in this Agreement shall survive the Closing
      hereunder (even if the damaged party knew or had reason to know of any misrepresentation or breach of warranty or covenant at the time of Closing) and continue in full force and effect forever thereafter (subject to any applicable statutes of
      limitations).</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">H.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>MISCELLANEOUS PROVISIONS</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Successors and Assigns</u></font>.&#160; Except as
        otherwise provided herein, the terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties.&#160; Nothing in this Agreement, express or implied, is intended to confer upon
        any party, other than the parties hereto or their respective successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Governing Law; Attorneys&#8217; Fees</u></font>.&#160; This Agreement shall be governed by and construed in accordance with the laws of the Province of British Columbia,&#160; without regards to conflict of law principles
        thereof.&#160; To the extent any dispute arises between the Parties hereto regarding any of the subject matter hereof, the prevailing party in any action or&#160;&#160;arbitration proceeding, including any action for&#160;emergency or equitable relief&#160; brought in
        connection therewith will be entitled to reasonable attorneys&#8217; fees and court costs from the losing party.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Titles and Subtitles</u></font>.&#160; The titles
        and subtitles used in this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Notices</u></font>.&#160; All notices required or
        permitted hereunder shall be in writing and shall be deemed effectively given: (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed telex or email if sent during normal business hours of the recipient, if not, then on
        the next business day; (iii) five days after having been sent by registered or certified mail, return receipt requested, postage prepaid; or (iv) one day after deposit with a nationally recognized overnight courier, specifying next day delivery,
        with written verification of receipt, to the addresses of the Sellers and Purchaser set forth of the signature page hereto.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Amendments and Waivers</u></font>.&#160; Any term
        of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of Seller and Purchaser.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Severability</u></font>.&#160; If one or more
        provisions of this Agreement are held to be unenforceable under applicable law, such provision shall be excluded from this Agreement and the balance of the Agreement shall be interpreted as if such provision were so excluded and shall be
        enforceable in accordance with its terms.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Entire Agreement</u></font>.&#160; This Agreement
        and the documents referred to herein constitute the entire agreement among the parties and no party shall be liable or bound to any other party in any manner by any warranties, representations or covenants except as specifically set forth herein or
        therein.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">8.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Counterparts</u></font>.&#160; This Agreement may
        be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">9.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Expenses</u></font>. Each of the parties will
        bear his or her own costs and expenses (including legal fees and expenses) incurred in connection with this Agreement and the transactions contemplated hereby.</font></div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-size: 12pt;">[SIGNATURE PAGES FOLLOW]</div>
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    <div style="text-align: justify; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">IN WITNESS WHEREOF</font>, the parties
      have executed this Agreement as of the date first above written.</div>
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        <tr>
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            <div style="font-size: 12pt; font-weight: bold;">SELLER:</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">Ken McNaughton</div>
            <div>&#160;</div>
            <div><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 215.1pt">&#160;</font>&#160;</div>
            <div style="font-size: 12pt;">(Signature)</div>
            <div>&#160;</div>
          </td>
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        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">Address:</div>
            <div style="font-size: 12pt; font-weight: bold;">3492 West 6<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Ave.</div>
            <div style="font-size: 12pt; font-weight: bold;">Vancouver, BC</div>
            <div style="font-size: 12pt; font-weight: bold;">V6R 1T3</div>
            <div>&#160;</div>
            <div style="font-size: 12pt; font-weight: bold;">Email: kmcnaughton@p2gold.com</div>
          </td>
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        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

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          <td style="width: 50%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">PURCHASER:</div>
            <div>&#160;</div>
          </td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">Dennis Higgs</div>
            <div>&#160;</div>
            <div style="font-size: 12pt;">_</div>
            <div>&#160;</div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
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              <div>&#160;</div>
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    <div style="font-size: 12pt; font-weight: bold;">Address:</div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">4520 West 5<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Ave</div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">Vancouver, B.C.</div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">V6R 1S7</div>
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    <div style="font-size: 12pt; font-weight: bold;">Email: dennis.higgs@austin.gold</div>
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<DOCUMENT>
<TYPE>EX-10.6
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<DESCRIPTION>C. HIGGS SPA
<TEXT>
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  <div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>STOCK PURCHASE AGREEMENT</u></div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;"><font style="font-weight: bold;">THIS STOCK PURCHASE AGREEMENT </font>(this
      &#8220;<font style="font-weight: bold;">Agreement</font>&#8221;) is<font style="font-weight: bold;">&#160;</font>made as of this 18<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>
      day of October, 2023, by and between Kenneth McNaughton, a resident of British Columbia, Canada (the &#8220;<font style="font-weight: bold;">Seller</font>&#8221;) and Cameryn Higgs, a resident of
      British Columbia, Canada (&#8220;<font style="font-weight: bold;">Higgs</font>&#8221; or the &#8220;<font style="font-weight: bold;">Purchaser</font>&#8221;).</div>
    <div><br>
    </div>
    <div style="text-align: center; margin-top: 6pt; margin-bottom: 12pt; font-size: 12pt; font-weight: bold;"><u>RECITALS</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">WHEREAS</font>,
      Seller owns 50,000 common shares of Austin Gold Corp., a British Columbia corporation (the &#8220;<font style="font-weight: bold;">Company</font>&#8221;); and</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">WHEREAS</font>,
      Seller desires to sell all of such common shares to Purchaser, and Purchaser desires to purchase from Seller all of such common shares for the consideration and on the terms set forth in this Agreement.</div>
    <div style="text-align: center; margin-top: 6pt; margin-bottom: 12pt; font-size: 12pt; font-weight: bold;"><u>AGREEMENT</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">NOW, THEREFORE</font>,
      in consideration of the foregoing and the promises and covenants contained herein, the sufficiency of which is hereby acknowledged, all parties hereto agree as follows:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">A.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>PURCHASE OF SHARES</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>The Shares</u></font>.&#160; Subject to the
        satisfaction of the terms and conditions set forth in this Agreement, Seller agrees to sell 50,000 common shares of the Company to Purchaser, and Purchaser agrees to buy from Seller 50,000 common shares of the Company for cash consideration in the
        aggregate amount of C$50,000.00 (the &#8220;<font style="font-weight: bold;">Purchase Price</font>&#8221;) to the Seller, representing a price of C$1.00 per common share.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Payment of Purchase Price</u></font>.&#160; The
        payment of the Purchase Price by Purchaser to Seller shall be made at the Closing (as defined herein) by wire transfer to an account designated in writing by each such Seller at least one business day before the Closing Date or by delivery of other
        immediately available funds, including certified checks or bank drafts in the name as designated in writing by Seller at least one business day before the Closing Date, or by delivery against payment (&#8220;<font style="font-weight: bold;">DAP</font>&#8221;) if transacted within brokerage accounts.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>The Closing</u></font>.&#160; Following the
        satisfaction or waiver of all conditions to the obligations of the parties to consummate the transactions contemplated hereby, the closing of the transactions contemplated by this Agreement (the &#8220;<font style="font-weight: bold; font-style: italic;">Closing</font>&#8221;) shall take place at the offices of Dorsey &amp; Whitney LLP in Denver, Colorado commencing at 10:30 a.m. local time on October 25, 2023 or such other location and
        date as Purchaser and Sellers may mutually determine (the &#8220;<font style="font-weight: bold; font-style: italic;">Closing Date</font>&#8221;).</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Transfer of Shares</u></font>.&#160; Concurrently with the delivery of the Purchase
        Price at the Closing, Seller shall deliver to Purchaser the stock certificate(s) representing the 50,000 common shares from the Seller endorsed in blank or accompanied by duly executed assignment documents, free and clear from any restrictions on
        transfer.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">B.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>REPRESENTATIONS AND WARRANTIES OF PURCHASERS</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">The Purchaser hereby represents, warrants and covenants that:</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">1.&#160; &#160; <font style="font-weight: bold;"><u>Authorization</u></font>.
      Purchaser has full power and authority to enter into this Agreement, and such agreement constitutes a valid and legally binding obligation, enforceable in accordance with its terms except (i) as limited by applicable bankruptcy and other laws of
      general application affecting enforcement of creditors&#8217; rights generally and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">2.&#160; &#160; <font style="font-weight: bold;"><u>Residence
          and Legal Capacity</u></font>. Purchaser is a resident of the jurisdiction indicated on the signature page hereof, is of the age of majority for the jurisdiction in which such Purchaser resides and has sufficient legal capacity to execute this
      Agreement.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">3.&#160; &#160;&#160; <font style="font-weight: bold;"><u>Access
          to Information</u></font>.&#160; Purchaser has had access during the course of this transaction and prior to the execution of this Agreement to all information necessary to enable Purchaser to evaluate the merits and risks of a prospective investment
      in the Company.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No-Conflict</u></font>.&#160; Neither the execution
        and the delivery of this Agreement, nor the consummation of the transactions contemplated hereby, will (A) violate any statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government,
        governmental agency, or court to which Purchaser is subject or (B) result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice
        under any agreement, contract, lease, license, instrument, or other arrangement to which Purchaser is a party or by which he is bound, which breach, default, acceleration, right or requirement would prevent the Purchaser from consummating the
        transactions contemplated by this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Brokers&#8217; Fees</u></font>.&#160; Purchaser has no
        liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which any other Purchaser or Sellers could become liable or obligated.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Investment Intent</u></font>.&#160; Purchaser is
        not acquiring the common shares with a view to or for sale in connection with any distribution thereof within the meaning of the U.S. Securities Act of 1933, as amended (the &#8220;<font style="font-weight: bold;">U.S. Securities Act</font>&#8221;). Purchaser is aware that the common shares are being sold to her in a transaction that is exempt from the registration requirements of the U.S. Securities Act and pursuant to similar
        exemptions from any applicable securities laws or regulations of any state of the United States.&#160; Purchaser has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of investments
        such as the Shares and is able to bear the economic risk of loss of its entire investment.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>U.S. Resale Restrictions</u></font>.&#160;
        Purchaser understands and acknowledges that the Shares have not been registered under the U.S. Securities Act or any applicable securities laws of any state of the United States or regulations and may not be offered, sold, pledged or transferred,
        directly or indirectly in the United States or to, or for the account or benefit of a U.S. Person, unless so registered or pursuant to an available exemption from such registration requirements.&#160; Unless registered, such control share provisions
        restrict the ability of the Purchaser to sell her shares in the open market in the United States subject to certain hold period, manner of sale, volume of sale and notice of sale restrictions and the Purchaser understands that they are purchasing
        the Shares from affiliates of the Company and the Purchaser understands that any offer or sale of the Shares prior to the end of a 40-day distribution compliance period from the date of closing is not made to a person in the United States or for
        the account or benefit of a U.S. person.&#160; &#8220;United States&#8221; and &#8220;U.S. person&#8221; are as defined in Regulation S under the U.S. Securities Act.</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">C.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>REPRESENTATIONS AND WARRANTIES OF SELLER</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">Seller hereby represents, warrants and covenants that:</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Authorization</u></font>.&#160; Such Seller has
        full power and authority to enter into this Agreement, and such agreement constitutes a valid and legally binding obligation, enforceable in accordance with its terms against such Seller except (i) as limited by applicable bankruptcy and other laws
        of general application affecting enforcement of creditors&#8217; rights generally and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Residence and Legal Capacity</u></font>.&#160; Such
        Seller is a resident of the jurisdiction indicated on the signature page hereof, is of the age of majority for the jurisdiction in which they reside and have sufficient legal capacity to execute this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Ownership of the Shares</u></font>.&#160; Seller is
        the sole registered and beneficial owner of the common shares being sold pursuant to this Agreement and has full power and authority to convey such common shares free and clear of all liens, encumbrances, restrictions and claims of every kind and,
        upon delivery of and payment for such common shares as herein provided, Purchaser shall acquire good and valid title thereto, free and clear of all liens, encumbrances, restrictions and claims of every kind, except for the restrictions as may be
        imposed pursuant to applicable securities laws.&#160; There is no outstanding subscription, warrant, call, commitment, option or other agreement or right of any kind to purchase or otherwise to receive or acquire from Purchasers any interest in such
        Shares.&#160; Seller is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Access to Information</u></font>.&#160; Seller has
        had the opportunity to ask questions and receive answers concerning the terms and conditions of the transaction contemplated by this Agreement and have had access to such information concerning the Company as the Seller has considered necessary or
        appropriate in connection with their investment decision to sell the common shares, including access to the Company&#8217;s public filings available on the Internet at www.sedar.com and www.sec.gov, and that any answers to questions and any reasonable
        requests for information have been complied with to the Sellers&#8217; complete satisfaction.&#160; Sellers have had the opportunity to seek independent legal and tax advice relative to this transaction and Sellers have such knowledge and experience in
        financial and business matters, either alone or in consultation with their advisors, as to be capable of evaluating the merits and risks of the sale of the Shares.</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No-Conflict</u></font>.&#160; Neither the execution and the delivery of this
        Agreement, nor the consummation of the transactions contemplated hereby, will (A) violate any statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to
        which Seller is subject or (B) result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under any agreement, contract, lease,
        license, instrument, or other arrangement to which Seller is a party or by which he or she is bound, which breach, default, acceleration, right or requirement would prevent the Sellers from consummating the transactions contemplated by this
        Agreement.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No Consents</u></font>.&#160; No consent of any third-party is necessary for the
        Seller to sell the common shares or consummate any of the transactions contemplated by this Agreement. Any consent of the Seller&#8217;s spouse required pursuant to any applicable communal property laws of the Seller&#8217;s jurisdiction of residence has been
        obtained and will be delivered at Closing.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Brokers&#8217; Fees</u></font>.&#160; Seller has no
        liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which any Purchaser could become liable or obligated.</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">8.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Private Resale</u></font>.&#160; Seller: (A) acquired the common shares for their
        own account for investment purposes and not with a view to any distribution of such common shares, (B) have not engaged in any form of general solicitation or general advertising in connection with the sale of the common shares, and (C) Purchaser
        was the only offeree with respect to the sale of such common shares.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">9.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Release of Future Gains</u></font>.&#160; <font style="font-weight: bold;">Seller acknowledges that by selling the common shares he is foregoing any potential future gains and/or dividends or distributions resulting from the ownership of the common shares
          and Seller hereby releases Purchaser from any and all claims, rights or actions of Seller against Purchaser in relation to any such future gains and/or dividends or distributions</font>. Seller acknowledges that the market value of the common
        shares is currently and could, in the future and depending on the success of the Company&#8217;s business, become worth substantially more than the price at which the Purchaser is purchasing the common shares from the Seller. Seller acknowledges that the
        market value of the common shares could, in the future and depending on the success of the Company&#8217;s business, become worth substantially more than the price at which the Purchaser is purchasing the common shares from the Seller. Seller understands
        that the Company has from time to time explored, and will continue to explore, exit strategies, including, without limitation, selling the Company, merger, consolidation and similar transactions.&#160; Seller understands that any future sale of common
        shares of the Company in relation to such a transaction could be at a premium or a discount to the per common share Purchase Price, and such sale could occur at any time or not at all.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">10.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No Representations Regarding Price</u></font>.&#160; <font style="font-weight: bold;">Sellers acknowledges that Purchaser has not made any representations to them regarding the potential future price of the common shares and that the Seller has independently
          determined, either alone or in consultation with their advisors,&#160; that the Purchase Price is sufficient compensation for the value of the common shares and is fair and equitable to the Seller</font>.&#160; Seller further understands that the Purchase
        Price was determined through an arm&#8217;s length negotiation between Seller and Purchaser and that Seller did not rely on Purchaser or any other person to determine the value of the common shares, and that the actual fair market value of the common
        shares could be higher or lower than the Purchase Price.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">11.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Use of Proceeds</u></font>.&#160; Seller represents that they will not use the
        proceeds of the sale of the common shares for any unlawful purpose.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">12.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Release of Claims</u></font>.&#160; Seller on his own behalf and on behalf of his
        respective heirs, family members, executors, agents, and assigns, hereby and forever releases the Purchaser and his heirs, family members, executors, agents, and assigns (&#8220;<font style="font-weight: bold; font-style: italic;">Releasees</font>&#8221;)&#160; from, and agrees not to sue concerning, or in any manner to institute, prosecute, or pursue, any claim, complaint, charge, duty, obligation, or cause of action relating to any matters of
        any kind, whether presently known or unknown, suspected or unsuspected, that Seller may possess against any of the Releasees arising from this or related to this Agreement or relating to the Purchase Price.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">13.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Tax Consequences</u></font>.&#160; Seller has reviewed with their own tax advisors
        the federal, state, local and foreign tax consequences of this Agreement and the transactions contemplated hereunder.&#160; Seller is relying solely on their own such advisors and not on any statements or representations of the Company or its agents or
        the Purchaser or their agents.&#160; <font style="font-weight: bold;">Seller understands, acknowledges and agrees that they shall be responsible for their own tax liability that may arise
          as a result of this Agreement or the transactions contemplated hereunder</font>.&#160; The Purchaser makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Seller or made on
        their behalf under the terms of this Agreement.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 12pt;">D.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>INDEMNITY</u></font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;">Seller shall indemnify, defend and hold Purchaser harmless against any and all liabilities, loss, cost or damage, together with all
      reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses), arising from, relating to, or connected with any untrue, inaccurate or breached statement, representation, warranty or covenant of such
      Seller set forth in this Agreement.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;">Purchaser shall indemnify, defend and hold Seller harmless against any and all liabilities, loss, cost or damage, together with all
      reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses), arising from, relating to, or connected with any untrue, inaccurate or breached statement, representation, warranty or covenant of Purchaser
      set forth in this Agreement.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">E.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>BEST EFFORTS TO CLOSE</u></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">Each of the parties will use his or her reasonable best efforts to take all action and to do all things necessary,
      proper, or advisable in order to consummate and make effective the transactions contemplated by this Agreement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">F.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>CONDITIONS TO OBLIGATIONS TO CLOSE</u></font></div>
    <div style="text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><u>Conditions to Obligation of Purchaser</u>. The obligation of
        Purchaser to consummate the transactions to be performed by each of them in connection with the Closing is subject to satisfaction of the following conditions:</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(a)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">the representations and warranties set forth in Article C above shall be true and correct in all material respects at and as of the Closing Date;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Seller shall have performed and complied with all of his covenants hereunder in all material respects through the Closing;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state,
        local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement, (B) cause any of the
        transactions contemplated by this Agreement to be rescinded following consummation, or (C) affect adversely the rights of Purchaser to own the common shares;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(d)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">all actions to be taken by Seller in connection with consummation of the transactions contemplated hereby and all certificates, opinions,
        instruments, and other documents required to effect the transactions contemplated hereby will be reasonably satisfactory in form and substance to Purchaser; and</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">Purchaser may waive any condition specified in this section if each Purchaser executes a writing so stating at or
      prior to the Closing.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><u>Conditions to Obligation of the Seller</u>. The obligation
        of Seller to consummate the transactions to be performed by them in connection with the Closing is subject to satisfaction of the following conditions:</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(a)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">the representations and warranties set forth Article B above shall be true and correct in all material respects at and as of the Closing Date;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Purchaser shall have performed and complied with all of his covenants hereunder in all material respects through the Closing;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state,
        local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement or (B) cause any of the
        transactions contemplated by this Agreement to be rescinded following consummation (and no such injunction, judgment, order, decree, ruling, or charge shall be in effect); and</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(d)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">all actions to be taken by Purchaser in connection with consummation of the transactions contemplated hereby and all certificates, opinions,
        instruments, and other documents required to effect the transactions contemplated hereby will be reasonably satisfactory in form and substance to the Seller.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">The Seller may waive any condition specified in this section if they execute a writing so stating at or prior to
      the Closing.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">G.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>SURVIVAL OF REPRESENTATIONS AND WARRANTIES</u></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">All of the representations and warranties of the parties contained in this Agreement shall survive the Closing
      hereunder (even if the damaged party knew or had reason to know of any misrepresentation or breach of warranty or covenant at the time of Closing) and continue in full force and effect forever thereafter (subject to any applicable statutes of
      limitations).</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">H.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>MISCELLANEOUS PROVISIONS</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Successors and Assigns</u></font>.&#160; Except as
        otherwise provided herein, the terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties.&#160; Nothing in this Agreement, express or implied, is intended to confer upon
        any party, other than the parties hereto or their respective successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Governing Law; Attorneys&#8217; Fees</u></font>.&#160; This Agreement shall be governed by and construed in accordance with the laws of the Province of British Columbia,&#160; without regards to conflict of law principles
        thereof.&#160; To the extent any dispute arises between the Parties hereto regarding any of the subject matter hereof, the prevailing party in any action or&#160;&#160;arbitration proceeding, including any action for&#160;emergency or equitable relief&#160; brought in
        connection therewith will be entitled to reasonable attorneys&#8217; fees and court costs from the losing party.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Titles and Subtitles</u></font>.&#160; The titles
        and subtitles used in this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Notices</u></font>.&#160; All notices required or
        permitted hereunder shall be in writing and shall be deemed effectively given: (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed telex or email if sent during normal business hours of the recipient, if not, then on
        the next business day; (iii) five days after having been sent by registered or certified mail, return receipt requested, postage prepaid; or (iv) one day after deposit with a nationally recognized overnight courier, specifying next day delivery,
        with written verification of receipt, to the addresses of the Sellers and Purchaser set forth of the signature page hereto.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Amendments and Waivers</u></font>.&#160; Any term
        of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of Seller and Purchaser.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Severability</u></font>.&#160; If one or more
        provisions of this Agreement are held to be unenforceable under applicable law, such provision shall be excluded from this Agreement and the balance of the Agreement shall be interpreted as if such provision were so excluded and shall be
        enforceable in accordance with its terms.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Entire Agreement</u></font>.&#160; This Agreement
        and the documents referred to herein constitute the entire agreement among the parties and no party shall be liable or bound to any other party in any manner by any warranties, representations or covenants except as specifically set forth herein or
        therein.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">8.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Counterparts</u></font>.&#160; This Agreement may
        be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">9.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Expenses</u></font>. Each of the parties will
        bear his or her own costs and expenses (including legal fees and expenses) incurred in connection with this Agreement and the transactions contemplated hereby.</font></div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-size: 12pt;">[SIGNATURE PAGES FOLLOW]</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">IN WITNESS WHEREOF</font>, the parties
      have executed this Agreement as of the date first above written.</div>
    <table cellspacing="0" cellpadding="0" id="z465b59a0c9474e6eb44abbe11eff5cae" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">SELLER:</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">Kenneth McNaughton</div>
            <div>&#160;</div>
            <div><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 215.1pt">&#160;</font>&#160;</div>
            <div style="font-size: 12pt;">(Signature)</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">Address:</div>
            <div style="font-size: 12pt; font-weight: bold;">3492 West 6<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Ave.</div>
            <div style="font-size: 12pt; font-weight: bold;">Vancouver, BC</div>
            <div style="font-size: 12pt; font-weight: bold;">V6R 1T3</div>
            <div>&#160;</div>
            <div style="font-size: 12pt; font-weight: bold;">Email: kmcnaughton@p2gold.com</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z671b7178dbce4b0db05509e1004c32ca" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">PURCHASER:</div>
            <div>&#160;</div>
          </td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">Cameryn Higgs</div>
            <div>&#160;</div>
            <div style="font-size: 12pt;">_</div>
            <div>&#160;</div>
          </td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="font-size: 12pt;">___________________________________</div>
            <div style="font-size: 12pt;">(Signature)</div>
          </td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><font style="font-size: 12pt; font-weight: bold;">Address:</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;">2585 Pentland Way</font></div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">Box 845</div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">Squamish, B.C.</div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">V0N 1T0</div>
    <div><br>
    </div>
    <div style="font-size: 12pt; font-weight: bold;">Email: mypuppyandme@telus.net</div>
  </div>
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<DOCUMENT>
<TYPE>EX-10.7
<SEQUENCE>5
<FILENAME>ex7spa.htm
<DESCRIPTION>K. HIGGS SPA
<TEXT>
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    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>STOCK PURCHASE AGREEMENT</u></div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;"><font style="font-weight: bold;">THIS STOCK PURCHASE AGREEMENT </font>(this
      &#8220;<font style="font-weight: bold;">Agreement</font>&#8221;) is<font style="font-weight: bold;">&#160;</font>made as of this 18<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>
      day of October, 2023, by and between Kenneth McNaughton, a resident of British Columbia, Canada (the &#8220;<font style="font-weight: bold;">Seller</font>&#8221;) and Kaylie Higgs, a resident of
      British Columbia, Canada (&#8220;<font style="font-weight: bold;">Higgs</font>&#8221; or the &#8220;<font style="font-weight: bold;">Purchaser</font>&#8221;).</div>
    <div><br>
    </div>
    <div style="text-align: center; margin-top: 6pt; margin-bottom: 12pt; font-size: 12pt; font-weight: bold;"><u>RECITALS</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">WHEREAS</font>,
      Seller owns 20,000 common shares of Austin Gold Corp., a British Columbia corporation (the &#8220;<font style="font-weight: bold;">Company</font>&#8221;); and</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">WHEREAS</font>,
      Seller desires to sell all of such common shares to Purchaser, and Purchaser desires to purchase from Seller all of such common shares for the consideration and on the terms set forth in this Agreement.</div>
    <div style="text-align: center; margin-top: 6pt; margin-bottom: 12pt; font-size: 12pt; font-weight: bold;"><u>AGREEMENT</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">NOW, THEREFORE</font>,
      in consideration of the foregoing and the promises and covenants contained herein, the sufficiency of which is hereby acknowledged, all parties hereto agree as follows:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">A.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>PURCHASE OF SHARES</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>The Shares</u></font>.&#160; Subject to the
        satisfaction of the terms and conditions set forth in this Agreement, Seller agrees to sell 20,000 common shares of the Company to Purchaser, and Purchaser agrees to buy from Seller 20,000 common shares of the Company for cash consideration in the
        aggregate amount of C$20,000.00 (the &#8220;<font style="font-weight: bold;">Purchase Price</font>&#8221;) to the Seller, representing a price of C$1.00 per common share.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Payment of Purchase Price</u></font>.&#160; The
        payment of the Purchase Price by Purchaser to Seller shall be made at the Closing (as defined herein) by wire transfer to an account designated in writing by each such Seller at least one business day before the Closing Date or by delivery of other
        immediately available funds, including certified checks or bank drafts in the name as designated in writing by Seller at least one business day before the Closing Date, or by delivery against payment (&#8220;<font style="font-weight: bold;">DAP</font>&#8221;) if transacted within brokerage accounts.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>The Closing</u></font>.&#160; Following the
        satisfaction or waiver of all conditions to the obligations of the parties to consummate the transactions contemplated hereby, the closing of the transactions contemplated by this Agreement (the &#8220;<font style="font-weight: bold; font-style: italic;">Closing</font>&#8221;) shall take place at the offices of Dorsey &amp; Whitney LLP in Denver, Colorado commencing at 10:30 a.m. local time on October 25, 2023 or such other location and
        date as Purchaser and Sellers may mutually determine (the &#8220;<font style="font-weight: bold; font-style: italic;">Closing Date</font>&#8221;).</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Transfer of Shares</u></font>.&#160; Concurrently with the delivery of the Purchase
        Price at the Closing, Seller shall deliver to Purchaser the stock certificate(s) representing the 20,000 common shares from the Seller endorsed in blank or accompanied by duly executed assignment documents, free and clear from any restrictions on
        transfer.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">B.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>REPRESENTATIONS AND WARRANTIES OF PURCHASERS</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">The Purchaser hereby represents, warrants and covenants that:</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">1.&#160; &#160; <font style="font-weight: bold;"><u>Authorization</u></font>.
      Purchaser has full power and authority to enter into this Agreement, and such agreement constitutes a valid and legally binding obligation, enforceable in accordance with its terms except (i) as limited by applicable bankruptcy and other laws of
      general application affecting enforcement of creditors&#8217; rights generally and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">2.&#160; &#160; <font style="font-weight: bold;"><u>Residence
          and Legal Capacity</u></font>. Purchaser is a resident of the jurisdiction indicated on the signature page hereof, is of the age of majority for the jurisdiction in which such Purchaser resides and has sufficient legal capacity to execute this
      Agreement.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">3.&#160; &#160;&#160; <font style="font-weight: bold;"><u>Access
          to Information</u></font>.&#160; Purchaser has had access during the course of this transaction and prior to the execution of this Agreement to all information necessary to enable Purchaser to evaluate the merits and risks of a prospective investment
      in the Company.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No-Conflict</u></font>.&#160; Neither the execution
        and the delivery of this Agreement, nor the consummation of the transactions contemplated hereby, will (A) violate any statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government,
        governmental agency, or court to which Purchaser is subject or (B) result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice
        under any agreement, contract, lease, license, instrument, or other arrangement to which Purchaser is a party or by which he is bound, which breach, default, acceleration, right or requirement would prevent the Purchaser from consummating the
        transactions contemplated by this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Brokers&#8217; Fees</u></font>.&#160; Purchaser has no
        liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which any other Purchaser or Sellers could become liable or obligated.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Investment Intent</u></font>.&#160; Purchaser is
        not acquiring the common shares with a view to or for sale in connection with any distribution thereof within the meaning of the U.S. Securities Act of 1933, as amended (the &#8220;<font style="font-weight: bold;">U.S. Securities Act</font>&#8221;). Purchaser is aware that the common shares are being sold to her in a transaction that is exempt from the registration requirements of the U.S. Securities Act and pursuant to similar
        exemptions from any applicable securities laws or regulations of any state of the United States.&#160; Purchaser has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of investments
        such as the Shares and is able to bear the economic risk of loss of its entire investment.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>U.S. Resale Restrictions</u></font>.&#160;
        Purchaser understands and acknowledges that the Shares have not been registered under the U.S. Securities Act or any applicable securities laws of any state of the United States or regulations and may not be offered, sold, pledged or transferred,
        directly or indirectly in the United States or to, or for the account or benefit of a U.S. Person, unless so registered or pursuant to an available exemption from such registration requirements.&#160; Unless registered, such control share provisions
        restrict the ability of the Purchaser to sell her shares in the open market in the United States subject to certain hold period, manner of sale, volume of sale and notice of sale restrictions and the Purchaser understands that they are purchasing
        the Shares from affiliates of the Company and the Purchaser understands that any offer or sale of the Shares prior to the end of a 40-day distribution compliance period from the date of closing is not made to a person in the United States or for
        the account or benefit of a U.S. person.&#160; &#8220;United States&#8221; and &#8220;U.S. person&#8221; are as defined in Regulation S under the U.S. Securities Act.</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">C.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>REPRESENTATIONS AND WARRANTIES OF SELLER</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">Seller hereby represents, warrants and covenants that:</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Authorization</u></font>.&#160; Such Seller has
        full power and authority to enter into this Agreement, and such agreement constitutes a valid and legally binding obligation, enforceable in accordance with its terms against such Seller except (i) as limited by applicable bankruptcy and other laws
        of general application affecting enforcement of creditors&#8217; rights generally and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Residence and Legal Capacity</u></font>.&#160; Such
        Seller is a resident of the jurisdiction indicated on the signature page hereof, is of the age of majority for the jurisdiction in which they reside and have sufficient legal capacity to execute this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Ownership of the Shares</u></font>.&#160; Seller is
        the sole registered and beneficial owner of the common shares being sold pursuant to this Agreement and has full power and authority to convey such common shares free and clear of all liens, encumbrances, restrictions and claims of every kind and,
        upon delivery of and payment for such common shares as herein provided, Purchaser shall acquire good and valid title thereto, free and clear of all liens, encumbrances, restrictions and claims of every kind, except for the restrictions as may be
        imposed pursuant to applicable securities laws.&#160; There is no outstanding subscription, warrant, call, commitment, option or other agreement or right of any kind to purchase or otherwise to receive or acquire from Purchasers any interest in such
        Shares.&#160; Seller is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Access to Information</u></font>.&#160; Seller has
        had the opportunity to ask questions and receive answers concerning the terms and conditions of the transaction contemplated by this Agreement and have had access to such information concerning the Company as the Seller has considered necessary or
        appropriate in connection with their investment decision to sell the common shares, including access to the Company&#8217;s public filings available on the Internet at www.sedar.com and www.sec.gov, and that any answers to questions and any reasonable
        requests for information have been complied with to the Sellers&#8217; complete satisfaction.&#160; Sellers have had the opportunity to seek independent legal and tax advice relative to this transaction and Sellers have such knowledge and experience in
        financial and business matters, either alone or in consultation with their advisors, as to be capable of evaluating the merits and risks of the sale of the Shares.</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No-Conflict</u></font>.&#160; Neither the execution and the delivery of this
        Agreement, nor the consummation of the transactions contemplated hereby, will (A) violate any statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to
        which Seller is subject or (B) result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under any agreement, contract, lease,
        license, instrument, or other arrangement to which Seller is a party or by which he or she is bound, which breach, default, acceleration, right or requirement would prevent the Sellers from consummating the transactions contemplated by this
        Agreement.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No Consents</u></font>.&#160; No consent of any third-party is necessary for the
        Seller to sell the common shares or consummate any of the transactions contemplated by this Agreement. Any consent of the Seller&#8217;s spouse required pursuant to any applicable communal property laws of the Seller&#8217;s jurisdiction of residence has been
        obtained and will be delivered at Closing.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Brokers&#8217; Fees</u></font>.&#160; Seller has no
        liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which any Purchaser could become liable or obligated.</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">8.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Private Resale</u></font>.&#160; Seller: (A) acquired the common shares for their
        own account for investment purposes and not with a view to any distribution of such common shares, (B) have not engaged in any form of general solicitation or general advertising in connection with the sale of the common shares, and (C) Purchaser
        was the only offeree with respect to the sale of such common shares.</font></div>
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    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">9.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Release of Future Gains</u></font>.&#160; <font style="font-weight: bold;">Seller acknowledges that by selling the common shares he is foregoing any potential future gains and/or dividends or distributions resulting from the ownership of the common shares
          and Seller hereby releases Purchaser from any and all claims, rights or actions of Seller against Purchaser in relation to any such future gains and/or dividends or distributions</font>. Seller acknowledges that the market value of the common
        shares is currently and could, in the future and depending on the success of the Company&#8217;s business, become worth substantially more than the price at which the Purchaser is purchasing the common shares from the Seller. Seller acknowledges that the
        market value of the common shares could, in the future and depending on the success of the Company&#8217;s business, become worth substantially more than the price at which the Purchaser is purchasing the common shares from the Seller. Seller understands
        that the Company has from time to time explored, and will continue to explore, exit strategies, including, without limitation, selling the Company, merger, consolidation and similar transactions.&#160; Seller understands that any future sale of common
        shares of the Company in relation to such a transaction could be at a premium or a discount to the per common share Purchase Price, and such sale could occur at any time or not at all.</font></div>
    <div><br>
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    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">10.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No Representations Regarding Price</u></font>.&#160; <font style="font-weight: bold;">Sellers acknowledges that Purchaser has not made any representations to them regarding the potential future price of the common shares and that the Seller has independently
          determined, either alone or in consultation with their advisors,&#160; that the Purchase Price is sufficient compensation for the value of the common shares and is fair and equitable to the Seller</font>.&#160; Seller further understands that the Purchase
        Price was determined through an arm&#8217;s length negotiation between Seller and Purchaser and that Seller did not rely on Purchaser or any other person to determine the value of the common shares, and that the actual fair market value of the common
        shares could be higher or lower than the Purchase Price.</font></div>
    <div><br>
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    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">11.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Use of Proceeds</u></font>.&#160; Seller represents that they will not use the
        proceeds of the sale of the common shares for any unlawful purpose.</font></div>
    <div><br>
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    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">12.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Release of Claims</u></font>.&#160; Seller on his own behalf and on behalf of his
        respective heirs, family members, executors, agents, and assigns, hereby and forever releases the Purchaser and his heirs, family members, executors, agents, and assigns (&#8220;<font style="font-weight: bold; font-style: italic;">Releasees</font>&#8221;)&#160; from, and agrees not to sue concerning, or in any manner to institute, prosecute, or pursue, any claim, complaint, charge, duty, obligation, or cause of action relating to any matters of
        any kind, whether presently known or unknown, suspected or unsuspected, that Seller may possess against any of the Releasees arising from this or related to this Agreement or relating to the Purchase Price.</font></div>
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    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">13.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Tax Consequences</u></font>.&#160; Seller has reviewed with their own tax advisors
        the federal, state, local and foreign tax consequences of this Agreement and the transactions contemplated hereunder.&#160; Seller is relying solely on their own such advisors and not on any statements or representations of the Company or its agents or
        the Purchaser or their agents.&#160; <font style="font-weight: bold;">Seller understands, acknowledges and agrees that they shall be responsible for their own tax liability that may arise
          as a result of this Agreement or the transactions contemplated hereunder</font>.&#160; The Purchaser makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Seller or made on
        their behalf under the terms of this Agreement.</font></div>
    <div><br>
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    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 12pt;">D.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>INDEMNITY</u></font></div>
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    <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;">Seller shall indemnify, defend and hold Purchaser harmless against any and all liabilities, loss, cost or damage, together with all
      reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses), arising from, relating to, or connected with any untrue, inaccurate or breached statement, representation, warranty or covenant of such
      Seller set forth in this Agreement.</div>
    <div><br>
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    <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;">Purchaser shall indemnify, defend and hold Seller harmless against any and all liabilities, loss, cost or damage, together with all
      reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses), arising from, relating to, or connected with any untrue, inaccurate or breached statement, representation, warranty or covenant of Purchaser
      set forth in this Agreement.</div>
    <div><br>
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    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">E.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>BEST EFFORTS TO CLOSE</u></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">Each of the parties will use his or her reasonable best efforts to take all action and to do all things necessary,
      proper, or advisable in order to consummate and make effective the transactions contemplated by this Agreement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">F.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>CONDITIONS TO OBLIGATIONS TO CLOSE</u></font></div>
    <div style="text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><u>Conditions to Obligation of Purchaser</u>. The obligation of
        Purchaser to consummate the transactions to be performed by each of them in connection with the Closing is subject to satisfaction of the following conditions:</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(a)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">the representations and warranties set forth in Article C above shall be true and correct in all material respects at and as of the Closing Date;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Seller shall have performed and complied with all of his covenants hereunder in all material respects through the Closing;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state,
        local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement, (B) cause any of the
        transactions contemplated by this Agreement to be rescinded following consummation, or (C) affect adversely the rights of Purchaser to own the common shares;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(d)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">all actions to be taken by Seller in connection with consummation of the transactions contemplated hereby and all certificates, opinions,
        instruments, and other documents required to effect the transactions contemplated hereby will be reasonably satisfactory in form and substance to Purchaser; and</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">Purchaser may waive any condition specified in this section if each Purchaser executes a writing so stating at or
      prior to the Closing.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><u>Conditions to Obligation of the Seller</u>. The obligation
        of Seller to consummate the transactions to be performed by them in connection with the Closing is subject to satisfaction of the following conditions:</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(a)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">the representations and warranties set forth Article B above shall be true and correct in all material respects at and as of the Closing Date;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Purchaser shall have performed and complied with all of his covenants hereunder in all material respects through the Closing;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state,
        local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement or (B) cause any of the
        transactions contemplated by this Agreement to be rescinded following consummation (and no such injunction, judgment, order, decree, ruling, or charge shall be in effect); and</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(d)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">all actions to be taken by Purchaser in connection with consummation of the transactions contemplated hereby and all certificates, opinions,
        instruments, and other documents required to effect the transactions contemplated hereby will be reasonably satisfactory in form and substance to the Seller.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">The Seller may waive any condition specified in this section if they execute a writing so stating at or prior to
      the Closing.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">G.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>SURVIVAL OF REPRESENTATIONS AND WARRANTIES</u></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">All of the representations and warranties of the parties contained in this Agreement shall survive the Closing
      hereunder (even if the damaged party knew or had reason to know of any misrepresentation or breach of warranty or covenant at the time of Closing) and continue in full force and effect forever thereafter (subject to any applicable statutes of
      limitations).</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">H.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>MISCELLANEOUS PROVISIONS</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Successors and Assigns</u></font>.&#160; Except as
        otherwise provided herein, the terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties.&#160; Nothing in this Agreement, express or implied, is intended to confer upon
        any party, other than the parties hereto or their respective successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Governing Law; Attorneys&#8217; Fees</u></font>.&#160; This Agreement shall be governed by and construed in accordance with the laws of the Province of British Columbia,&#160; without regards to conflict of law principles
        thereof.&#160; To the extent any dispute arises between the Parties hereto regarding any of the subject matter hereof, the prevailing party in any action or&#160;&#160;arbitration proceeding, including any action for&#160;emergency or equitable relief&#160; brought in
        connection therewith will be entitled to reasonable attorneys&#8217; fees and court costs from the losing party.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Titles and Subtitles</u></font>.&#160; The titles
        and subtitles used in this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Notices</u></font>.&#160; All notices required or
        permitted hereunder shall be in writing and shall be deemed effectively given: (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed telex or email if sent during normal business hours of the recipient, if not, then on
        the next business day; (iii) five days after having been sent by registered or certified mail, return receipt requested, postage prepaid; or (iv) one day after deposit with a nationally recognized overnight courier, specifying next day delivery,
        with written verification of receipt, to the addresses of the Sellers and Purchaser set forth of the signature page hereto.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Amendments and Waivers</u></font>.&#160; Any term
        of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of Seller and Purchaser.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Severability</u></font>.&#160; If one or more
        provisions of this Agreement are held to be unenforceable under applicable law, such provision shall be excluded from this Agreement and the balance of the Agreement shall be interpreted as if such provision were so excluded and shall be
        enforceable in accordance with its terms.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Entire Agreement</u></font>.&#160; This Agreement
        and the documents referred to herein constitute the entire agreement among the parties and no party shall be liable or bound to any other party in any manner by any warranties, representations or covenants except as specifically set forth herein or
        therein.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">8.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Counterparts</u></font>.&#160; This Agreement may
        be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">9.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Expenses</u></font>. Each of the parties will
        bear his or her own costs and expenses (including legal fees and expenses) incurred in connection with this Agreement and the transactions contemplated hereby.</font></div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-size: 12pt;">[SIGNATURE PAGES FOLLOW]</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    </div>
    <div style="text-align: justify; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">IN WITNESS WHEREOF</font>, the parties
      have executed this Agreement as of the date first above written.</div>
    <table cellspacing="0" cellpadding="0" id="z5f8e924797834c5f85f958c7c7655f16" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">SELLER:</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">Kenneth McNaughton</div>
            <div>&#160;</div>
            <div><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 215.1pt">&#160;</font>&#160;</div>
            <div style="font-size: 12pt;">(Signature)</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">Address:</div>
            <div style="font-size: 12pt; font-weight: bold;">3492 West 6<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Ave.</div>
            <div style="font-size: 12pt; font-weight: bold;">Vancouver, BC</div>
            <div style="font-size: 12pt; font-weight: bold;">V6R 1T3</div>
            <div>&#160;</div>
            <div style="font-size: 12pt; font-weight: bold;">Email: kmcnaughton@p2gold.com</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z668bd085935f49c3919a5a206e579f67" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">PURCHASER:</div>
            <div>&#160;</div>
          </td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">Kaylie Higgs</div>
            <div>&#160;</div>
            <div style="font-size: 12pt;">_</div>
            <div>&#160;</div>
          </td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="font-size: 12pt;">___________________________________</div>
            <div style="font-size: 12pt;">(Signature)</div>
          </td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><font style="font-size: 12pt; font-weight: bold;">Address:</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;">2585 Pentland Way</font></div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">Box 845</div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">Squamish, B.C.</div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">V0N 1T0</div>
    <div><br>
    </div>
    <div style="font-size: 12pt;"><font style="font-weight: bold;">Email: </font>&#160;<font style="font-weight: bold;">higgs.kd@gmail.com</font></div>
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    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>STOCK PURCHASE AGREEMENT</u></div>
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    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;"><font style="font-weight: bold;">THIS STOCK PURCHASE AGREEMENT </font>(this
      &#8220;<font style="font-weight: bold;">Agreement</font>&#8221;) is<font style="font-weight: bold;">&#160;</font>made as of this 18<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>
      day of October, 2023, by and between Kenneth McNaughton, a resident of British Columbia, Canada (the &#8220;<font style="font-weight: bold;">Seller</font>&#8221;) and Santorini Investment Corp., a
      British Columbia corporation, Canada (the &#8220;<font style="font-weight: bold;">Purchaser</font>&#8221;).</div>
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    <div style="text-align: center; margin-top: 6pt; margin-bottom: 12pt; font-size: 12pt; font-weight: bold;"><u>RECITALS</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">WHEREAS</font>,
      Seller owns 50,000 common shares of Austin Gold Corp., a British Columbia corporation (the &#8220;<font style="font-weight: bold;">Company</font>&#8221;); and</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">WHEREAS</font>,
      Seller desires to sell all of such common shares to Purchaser, and Purchaser desires to purchase from Seller all of such common shares for the consideration and on the terms set forth in this Agreement.</div>
    <div style="text-align: center; margin-top: 6pt; margin-bottom: 12pt; font-size: 12pt; font-weight: bold;"><u>AGREEMENT</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">NOW, THEREFORE</font>,
      in consideration of the foregoing and the promises and covenants contained herein, the sufficiency of which is hereby acknowledged, all parties hereto agree as follows:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">A.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>PURCHASE OF SHARES</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>The Shares</u></font>.&#160; Subject to the
        satisfaction of the terms and conditions set forth in this Agreement, Seller agrees to sell 50,000 common shares of the Company to Purchaser, and Purchaser agrees to buy from Seller 50,000 common shares of the Company for cash consideration in the
        aggregate amount of C$50,000.00 (the &#8220;<font style="font-weight: bold;">Purchase Price</font>&#8221;) to the Seller, representing a price of C$1.00 per common share.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Payment of Purchase Price</u></font>.&#160; The
        payment of the Purchase Price by Purchaser to Seller shall be made at the Closing (as defined herein) by wire transfer to an account designated in writing by each such Seller at least one business day before the Closing Date or by delivery of other
        immediately available funds, including certified checks or bank drafts in the name as designated in writing by Seller at least one business day before the Closing Date, or by delivery against payment (&#8220;<font style="font-weight: bold;">DAP</font>&#8221;) if transacted within brokerage accounts.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>The Closing</u></font>.&#160; Following the
        satisfaction or waiver of all conditions to the obligations of the parties to consummate the transactions contemplated hereby, the closing of the transactions contemplated by this Agreement (the &#8220;<font style="font-weight: bold; font-style: italic;">Closing</font>&#8221;) shall take place at the offices of Dorsey &amp; Whitney LLP in Denver, Colorado commencing at 10:30 a.m. local time on October 25, 2023 or such other location and
        date as Purchaser and Sellers may mutually determine (the &#8220;<font style="font-weight: bold; font-style: italic;">Closing Date</font>&#8221;).</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Transfer of Shares</u></font>.&#160; Concurrently with the delivery of the Purchase
        Price at the Closing, Seller shall deliver to Purchaser the stock certificate(s) representing the 50,000 common shares from the Seller endorsed in blank or accompanied by duly executed assignment documents, free and clear from any restrictions on
        transfer.</font></div>
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    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">B.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>REPRESENTATIONS AND WARRANTIES OF PURCHASERS</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">The Purchaser hereby represents, warrants and covenants that:</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">1.&#160; &#160; <font style="font-weight: bold;"><u>Authorization</u></font>.
      Purchaser has full power and authority to enter into this Agreement, and such agreement constitutes a valid and legally binding obligation, enforceable in accordance with its terms except (i) as limited by applicable bankruptcy and other laws of
      general application affecting enforcement of creditors&#8217; rights generally and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">2.&#160; &#160; <font style="font-weight: bold;"><u>Residence
          and Legal Capacity</u></font>. Purchaser is a resident of the jurisdiction indicated on the signature page hereof, is of the age of majority for the jurisdiction in which such Purchaser resides and has sufficient legal capacity to execute this
      Agreement.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">3.&#160; &#160;&#160; <font style="font-weight: bold;"><u>Access
          to Information</u></font>.&#160; Purchaser has had access during the course of this transaction and prior to the execution of this Agreement to all information necessary to enable Purchaser to evaluate the merits and risks of a prospective investment
      in the Company.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No-Conflict</u></font>.&#160; Neither the execution
        and the delivery of this Agreement, nor the consummation of the transactions contemplated hereby, will (A) violate any statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government,
        governmental agency, or court to which Purchaser is subject or (B) result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice
        under any agreement, contract, lease, license, instrument, or other arrangement to which Purchaser is a party or by which he is bound, which breach, default, acceleration, right or requirement would prevent the Purchaser from consummating the
        transactions contemplated by this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Brokers&#8217; Fees</u></font>.&#160; Purchaser has no
        liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which any other Purchaser or Sellers could become liable or obligated.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Investment Intent</u></font>.&#160; Purchaser is
        not acquiring the common shares with a view to or for sale in connection with any distribution thereof within the meaning of the U.S. Securities Act of 1933, as amended (the &#8220;<font style="font-weight: bold;">U.S. Securities Act</font>&#8221;). Purchaser is aware that the common shares are being sold to her in a transaction that is exempt from the registration requirements of the U.S. Securities Act and pursuant to similar
        exemptions from any applicable securities laws or regulations of any state of the United States.&#160; Purchaser has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of investments
        such as the Shares and is able to bear the economic risk of loss of its entire investment.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>U.S. Resale Restrictions</u></font>.&#160;
        Purchaser understands and acknowledges that the Shares have not been registered under the U.S. Securities Act or any applicable securities laws of any state of the United States or regulations and may not be offered, sold, pledged or transferred,
        directly or indirectly in the United States or to, or for the account or benefit of a U.S. Person, unless so registered or pursuant to an available exemption from such registration requirements.&#160; Unless registered, such control share provisions
        restrict the ability of the Purchaser to sell her shares in the open market in the United States subject to certain hold period, manner of sale, volume of sale and notice of sale restrictions and the Purchaser understands that they are purchasing
        the Shares from affiliates of the Company and the Purchaser understands that any offer or sale of the Shares prior to the end of a 40-day distribution compliance period from the date of closing is not made to a person in the United States or for
        the account or benefit of a U.S. person.&#160; &#8220;United States&#8221; and &#8220;U.S. person&#8221; are as defined in Regulation S under the U.S. Securities Act.</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">C.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>REPRESENTATIONS AND WARRANTIES OF SELLER</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">Seller hereby represents, warrants and covenants that:</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Authorization</u></font>.&#160; Such Seller has
        full power and authority to enter into this Agreement, and such agreement constitutes a valid and legally binding obligation, enforceable in accordance with its terms against such Seller except (i) as limited by applicable bankruptcy and other laws
        of general application affecting enforcement of creditors&#8217; rights generally and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Residence and Legal Capacity</u></font>.&#160; Such
        Seller is a resident of the jurisdiction indicated on the signature page hereof, is of the age of majority for the jurisdiction in which they reside and have sufficient legal capacity to execute this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Ownership of the Shares</u></font>.&#160; Seller is
        the sole registered and beneficial owner of the common shares being sold pursuant to this Agreement and has full power and authority to convey such common shares free and clear of all liens, encumbrances, restrictions and claims of every kind and,
        upon delivery of and payment for such common shares as herein provided, Purchaser shall acquire good and valid title thereto, free and clear of all liens, encumbrances, restrictions and claims of every kind, except for the restrictions as may be
        imposed pursuant to applicable securities laws.&#160; There is no outstanding subscription, warrant, call, commitment, option or other agreement or right of any kind to purchase or otherwise to receive or acquire from Purchasers any interest in such
        Shares.&#160; Seller is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Access to Information</u></font>.&#160; Seller has
        had the opportunity to ask questions and receive answers concerning the terms and conditions of the transaction contemplated by this Agreement and have had access to such information concerning the Company as the Seller has considered necessary or
        appropriate in connection with their investment decision to sell the common shares, including access to the Company&#8217;s public filings available on the Internet at www.sedar.com and www.sec.gov, and that any answers to questions and any reasonable
        requests for information have been complied with to the Sellers&#8217; complete satisfaction.&#160; Sellers have had the opportunity to seek independent legal and tax advice relative to this transaction and Sellers have such knowledge and experience in
        financial and business matters, either alone or in consultation with their advisors, as to be capable of evaluating the merits and risks of the sale of the Shares.</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No-Conflict</u></font>.&#160; Neither the execution and the delivery of this
        Agreement, nor the consummation of the transactions contemplated hereby, will (A) violate any statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to
        which Seller is subject or (B) result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under any agreement, contract, lease,
        license, instrument, or other arrangement to which Seller is a party or by which he or she is bound, which breach, default, acceleration, right or requirement would prevent the Sellers from consummating the transactions contemplated by this
        Agreement.</font></div>
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    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No Consents</u></font>.&#160; No consent of any third-party is necessary for the
        Seller to sell the common shares or consummate any of the transactions contemplated by this Agreement. Any consent of the Seller&#8217;s spouse required pursuant to any applicable communal property laws of the Seller&#8217;s jurisdiction of residence has been
        obtained and will be delivered at Closing.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Brokers&#8217; Fees</u></font>.&#160; Seller has no
        liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which any Purchaser could become liable or obligated.</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">8.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Private Resale</u></font>.&#160; Seller: (A) acquired the common shares for their
        own account for investment purposes and not with a view to any distribution of such common shares, (B) have not engaged in any form of general solicitation or general advertising in connection with the sale of the common shares, and (C) Purchaser
        was the only offeree with respect to the sale of such common shares.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">9.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Release of Future Gains</u></font>.&#160; <font style="font-weight: bold;">Seller acknowledges that by selling the common shares he is foregoing any potential future gains and/or dividends or distributions resulting from the ownership of the common shares
          and Seller hereby releases Purchaser from any and all claims, rights or actions of Seller against Purchaser in relation to any such future gains and/or dividends or distributions</font>. Seller acknowledges that the market value of the common
        shares is currently and could, in the future and depending on the success of the Company&#8217;s business, become worth substantially more than the price at which the Purchaser is purchasing the common shares from the Seller. Seller acknowledges that the
        market value of the common shares could, in the future and depending on the success of the Company&#8217;s business, become worth substantially more than the price at which the Purchaser is purchasing the common shares from the Seller. Seller understands
        that the Company has from time to time explored, and will continue to explore, exit strategies, including, without limitation, selling the Company, merger, consolidation and similar transactions.&#160; Seller understands that any future sale of common
        shares of the Company in relation to such a transaction could be at a premium or a discount to the per common share Purchase Price, and such sale could occur at any time or not at all.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">10.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No Representations Regarding Price</u></font>.&#160; <font style="font-weight: bold;">Sellers acknowledges that Purchaser has not made any representations to them regarding the potential future price of the common shares and that the Seller has independently
          determined, either alone or in consultation with their advisors,&#160; that the Purchase Price is sufficient compensation for the value of the common shares and is fair and equitable to the Seller</font>.&#160; Seller further understands that the Purchase
        Price was determined through an arm&#8217;s length negotiation between Seller and Purchaser and that Seller did not rely on Purchaser or any other person to determine the value of the common shares, and that the actual fair market value of the common
        shares could be higher or lower than the Purchase Price.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">11.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Use of Proceeds</u></font>.&#160; Seller represents that they will not use the
        proceeds of the sale of the common shares for any unlawful purpose.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">12.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Release of Claims</u></font>.&#160; Seller on his own behalf and on behalf of his
        respective heirs, family members, executors, agents, and assigns, hereby and forever releases the Purchaser and his heirs, family members, executors, agents, and assigns (&#8220;<font style="font-weight: bold; font-style: italic;">Releasees</font>&#8221;)&#160; from, and agrees not to sue concerning, or in any manner to institute, prosecute, or pursue, any claim, complaint, charge, duty, obligation, or cause of action relating to any matters of
        any kind, whether presently known or unknown, suspected or unsuspected, that Seller may possess against any of the Releasees arising from this or related to this Agreement or relating to the Purchase Price.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">13.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Tax Consequences</u></font>.&#160; Seller has reviewed with their own tax advisors
        the federal, state, local and foreign tax consequences of this Agreement and the transactions contemplated hereunder.&#160; Seller is relying solely on their own such advisors and not on any statements or representations of the Company or its agents or
        the Purchaser or their agents.&#160; <font style="font-weight: bold;">Seller understands, acknowledges and agrees that they shall be responsible for their own tax liability that may arise
          as a result of this Agreement or the transactions contemplated hereunder</font>.&#160; The Purchaser makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Seller or made on
        their behalf under the terms of this Agreement.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 12pt;">D.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>INDEMNITY</u></font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;">Seller shall indemnify, defend and hold Purchaser harmless against any and all liabilities, loss, cost or damage, together with all
      reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses), arising from, relating to, or connected with any untrue, inaccurate or breached statement, representation, warranty or covenant of such
      Seller set forth in this Agreement.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;">Purchaser shall indemnify, defend and hold Seller harmless against any and all liabilities, loss, cost or damage, together with all
      reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses), arising from, relating to, or connected with any untrue, inaccurate or breached statement, representation, warranty or covenant of Purchaser
      set forth in this Agreement.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">E.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>BEST EFFORTS TO CLOSE</u></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">Each of the parties will use his or her reasonable best efforts to take all action and to do all things necessary,
      proper, or advisable in order to consummate and make effective the transactions contemplated by this Agreement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">F.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>CONDITIONS TO OBLIGATIONS TO CLOSE</u></font></div>
    <div style="text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><u>Conditions to Obligation of Purchaser</u>. The obligation of
        Purchaser to consummate the transactions to be performed by each of them in connection with the Closing is subject to satisfaction of the following conditions:</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(a)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">the representations and warranties set forth in Article C above shall be true and correct in all material respects at and as of the Closing Date;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Seller shall have performed and complied with all of his covenants hereunder in all material respects through the Closing;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state,
        local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement, (B) cause any of the
        transactions contemplated by this Agreement to be rescinded following consummation, or (C) affect adversely the rights of Purchaser to own the common shares;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(d)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">all actions to be taken by Seller in connection with consummation of the transactions contemplated hereby and all certificates, opinions,
        instruments, and other documents required to effect the transactions contemplated hereby will be reasonably satisfactory in form and substance to Purchaser; and</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">Purchaser may waive any condition specified in this section if each Purchaser executes a writing so stating at or
      prior to the Closing.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><u>Conditions to Obligation of the Seller</u>. The obligation
        of Seller to consummate the transactions to be performed by them in connection with the Closing is subject to satisfaction of the following conditions:</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(a)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">the representations and warranties set forth Article B above shall be true and correct in all material respects at and as of the Closing Date;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Purchaser shall have performed and complied with all of his covenants hereunder in all material respects through the Closing;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state,
        local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement or (B) cause any of the
        transactions contemplated by this Agreement to be rescinded following consummation (and no such injunction, judgment, order, decree, ruling, or charge shall be in effect); and</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(d)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">all actions to be taken by Purchaser in connection with consummation of the transactions contemplated hereby and all certificates, opinions,
        instruments, and other documents required to effect the transactions contemplated hereby will be reasonably satisfactory in form and substance to the Seller.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">The Seller may waive any condition specified in this section if they execute a writing so stating at or prior to
      the Closing.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">G.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>SURVIVAL OF REPRESENTATIONS AND WARRANTIES</u></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">All of the representations and warranties of the parties contained in this Agreement shall survive the Closing
      hereunder (even if the damaged party knew or had reason to know of any misrepresentation or breach of warranty or covenant at the time of Closing) and continue in full force and effect forever thereafter (subject to any applicable statutes of
      limitations).</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">H.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>MISCELLANEOUS PROVISIONS</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Successors and Assigns</u></font>.&#160; Except as
        otherwise provided herein, the terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties.&#160; Nothing in this Agreement, express or implied, is intended to confer upon
        any party, other than the parties hereto or their respective successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Governing Law; Attorneys&#8217; Fees</u></font>.&#160; This Agreement shall be governed by and construed in accordance with the laws of the Province of British Columbia,&#160; without regards to conflict of law principles
        thereof.&#160; To the extent any dispute arises between the Parties hereto regarding any of the subject matter hereof, the prevailing party in any action or&#160;&#160;arbitration proceeding, including any action for&#160;emergency or equitable relief&#160; brought in
        connection therewith will be entitled to reasonable attorneys&#8217; fees and court costs from the losing party.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Titles and Subtitles</u></font>.&#160; The titles
        and subtitles used in this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Notices</u></font>.&#160; All notices required or
        permitted hereunder shall be in writing and shall be deemed effectively given: (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed telex or email if sent during normal business hours of the recipient, if not, then on
        the next business day; (iii) five days after having been sent by registered or certified mail, return receipt requested, postage prepaid; or (iv) one day after deposit with a nationally recognized overnight courier, specifying next day delivery,
        with written verification of receipt, to the addresses of the Sellers and Purchaser set forth of the signature page hereto.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Amendments and Waivers</u></font>.&#160; Any term
        of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of Seller and Purchaser.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Severability</u></font>.&#160; If one or more
        provisions of this Agreement are held to be unenforceable under applicable law, such provision shall be excluded from this Agreement and the balance of the Agreement shall be interpreted as if such provision were so excluded and shall be
        enforceable in accordance with its terms.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Entire Agreement</u></font>.&#160; This Agreement
        and the documents referred to herein constitute the entire agreement among the parties and no party shall be liable or bound to any other party in any manner by any warranties, representations or covenants except as specifically set forth herein or
        therein.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">8.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Counterparts</u></font>.&#160; This Agreement may
        be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">9.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Expenses</u></font>. Each of the parties will
        bear his or her own costs and expenses (including legal fees and expenses) incurred in connection with this Agreement and the transactions contemplated hereby.</font></div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-size: 12pt;">[SIGNATURE PAGES FOLLOW]</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    </div>
    <div style="text-align: justify; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">IN WITNESS WHEREOF</font>, the parties
      have executed this Agreement as of the date first above written.</div>
    <table cellspacing="0" cellpadding="0" id="z9255b773ba0244a4b07d9e7ef86ed417" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">SELLER:</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">Kenneth McNaughton</div>
            <div>&#160;</div>
            <div><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 215.1pt">&#160;</font>&#160;</div>
            <div style="font-size: 12pt;">(Signature)</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">Address:</div>
            <div style="font-size: 12pt; font-weight: bold;">3492 West 6<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Ave.</div>
            <div style="font-size: 12pt; font-weight: bold;">Vancouver, BC</div>
            <div style="font-size: 12pt; font-weight: bold;">V6R 1T3</div>
            <div>&#160;</div>
            <div style="font-size: 12pt; font-weight: bold;">Email: kmcnaughton@p2gold.com</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
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        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">PURCHASER:</div>
            <div>&#160;</div>
          </td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="font-size: 12pt; font-weight: bold;">Santorini Investment Corp. by</div>
            <div style="font-size: 12pt; font-weight: bold;">Carleen Higgs</div>
            <div>&#160;</div>
            <div style="font-size: 12pt;">_</div>
            <div>&#160;</div>
          </td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="font-size: 12pt;">___________________________________</div>
            <div style="font-size: 12pt;">(Signature)</div>
          </td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>

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    <div><font style="font-size: 12pt; font-weight: bold;">Address:</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;">2035 W. 33<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">rd</sup> Ave.</font></div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">Vancouver, B.C.</div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">V6M 1B6</div>
    <div><br>
    </div>
    <div style="font-size: 12pt; font-weight: bold;">Email: carleenhiggs@gmail.com</div>
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<DOCUMENT>
<TYPE>EX-10.9
<SEQUENCE>7
<FILENAME>ex9spa.htm
<DESCRIPTION>R. HATCH SPA
<TEXT>
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    <title></title>
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    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>STOCK PURCHASE AGREEMENT</u></div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;"><font style="font-weight: bold;">THIS STOCK PURCHASE AGREEMENT </font>(this
      &#8220;<font style="font-weight: bold;">Agreement</font>&#8221;) is<font style="font-weight: bold;">&#160;</font>made as of this 18<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>
      day of October, 2023, by and between Joseph Ovsenek, a resident of British Columbia, Canada and Kenneth McNaughton, a resident of British Columbia, Canada, (each a &#8220;<font style="font-weight: bold;">Seller</font>&#8221; and together the &#8220;<font style="font-weight: bold;">Sellers</font>&#8221;) and Robert Hatch, a resident of Oregon, United States of America (the &#8220;<font style="font-weight: bold;">Purchaser</font>&#8221;).</div>
    <div><br>
    </div>
    <div style="text-align: center; margin-top: 6pt; margin-bottom: 12pt; font-size: 12pt; font-weight: bold;"><u>RECITALS</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">WHEREAS</font>,
      Sellers each own 50,000 common shares of Austin Gold Corp., a British Columbia corporation (the &#8220;<font style="font-weight: bold;">Company</font>&#8221;); and</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">WHEREAS</font>,
      Sellers desire to sell all of such common shares to Purchaser, and Purchaser desires to purchase from Sellers all of such common shares for the consideration and on the terms set forth in this Agreement.</div>
    <div style="text-align: center; margin-top: 6pt; margin-bottom: 12pt; font-size: 12pt; font-weight: bold;"><u>AGREEMENT</u></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;"><font style="font-weight: bold;">NOW, THEREFORE</font>,
      in consideration of the foregoing and the promises and covenants contained herein, the sufficiency of which is hereby acknowledged, all parties hereto agree as follows:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">A.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>PURCHASE OF SHARES</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>The Shares</u></font>.&#160; Subject to the
        satisfaction of the terms and conditions set forth in this Agreement, Sellers each agree to sell 50,000 common shares of the Company to Purchaser, and Purchasers agrees to buy from each Seller 50,000 common shares of the Company for cash
        consideration in the aggregate amount of US$36,500.00 (the &#8220;<font style="font-weight: bold;">Purchase Price</font>&#8221;) to each Seller (for a total of US$73,000), representing a price of
        US$0.73 per common share.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Payment of Purchase Price</u></font>.&#160; The
        payment of the Purchase Price by Purchaser to each Seller shall be made at the Closing (as defined herein) by wire transfer to an account designated in writing by each such Seller at least one business day before the Closing Date or by delivery of
        other immediately available funds, including certified checks or bank drafts in the name as designated in writing by each such Seller at least one business day before the Closing Date, or by delivery against payment (&#8220;<font style="font-weight: bold;">DAP</font>&#8221;) if transacted within brokerage accounts.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>The Closing</u></font>.&#160; Following the
        satisfaction or waiver of all conditions to the obligations of the parties to consummate the transactions contemplated hereby, the closing of the transactions contemplated by this Agreement (the &#8220;<font style="font-weight: bold; font-style: italic;">Closing</font>&#8221;) shall take place at the offices of Dorsey &amp; Whitney LLP in Denver, Colorado commencing at 10:30 a.m. local time on October 25, 2023 or such other location and
        date as Purchaser and Sellers may mutually determine (the &#8220;<font style="font-weight: bold; font-style: italic;">Closing Date</font>&#8221;).</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Transfer of Shares</u></font>.&#160; Concurrently with the delivery of the Purchase
        Price at the Closing, Sellers shall each deliver to Purchaser the stock certificate(s) representing the 50,000 common shares from each Seller endorsed in blank or accompanied by duly executed assignment documents, free and clear from any
        restrictions on transfer.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">B.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>REPRESENTATIONS AND WARRANTIES OF PURCHASERS</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">The Purchaser hereby represents, warrants and covenants that:</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">1.&#160; &#160; <font style="font-weight: bold;"><u>Authorization</u></font>.
      Purchaser has full power and authority to enter into this Agreement, and such agreement constitutes a valid and legally binding obligation, enforceable in accordance with its terms except (i) as limited by applicable bankruptcy and other laws of
      general application affecting enforcement of creditors&#8217; rights generally and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">2.&#160; &#160; <font style="font-weight: bold;"><u>Residence
          and Legal Capacity</u></font>. Purchaser is a resident of the jurisdiction indicated on the signature page hereof, is of the age of majority for the jurisdiction in which such Purchaser resides and has sufficient legal capacity to execute this
      Agreement.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">3.&#160; &#160;&#160; <font style="font-weight: bold;"><u>Access
          to Information</u></font>.&#160; Purchaser has had access during the course of this transaction and prior to the execution of this Agreement to all information necessary to enable Purchaser to evaluate the merits and risks of a prospective investment
      in the Company.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No-Conflict</u></font>.&#160; Neither the execution
        and the delivery of this Agreement, nor the consummation of the transactions contemplated hereby, will (A) violate any statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government,
        governmental agency, or court to which Purchaser is subject or (B) result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice
        under any agreement, contract, lease, license, instrument, or other arrangement to which Purchaser is a party or by which he is bound, which breach, default, acceleration, right or requirement would prevent the Purchaser from consummating the
        transactions contemplated by this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Brokers&#8217; Fees</u></font>.&#160; Purchaser has no
        liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which any other Purchaser or Sellers could become liable or obligated.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Investment Intent</u></font>.&#160; Purchaser is
        not acquiring the common shares with a view to or for sale in connection with any distribution thereof within the meaning of the U.S. Securities Act of 1933, as amended (the &#8220;<font style="font-weight: bold;">U.S. Securities Act</font>&#8221;). Purchaser is aware that the common shares are being sold to him in a transaction that is exempt from the registration requirements of the U.S. Securities Act and pursuant to similar
        exemptions from any applicable securities laws or regulations of any state of the United States.&#160; Purchaser has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of investments
        such as the Shares and is able to bear the economic risk of loss of its entire investment.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>U.S. Resale Restrictions</u></font>.&#160;
        Purchaser understands and acknowledges that the Shares have not been registered under the U.S. Securities Act or any applicable securities laws of any state of the United States or regulations and may not be offered, sold, pledged or transferred,
        directly or indirectly in the United States or to, or for the account or benefit of a U.S. Person, unless so registered or pursuant to an available exemption from such registration requirements and as a director and officer to the Company,
        Purchaser is considered an &#8220;affiliate&#8221; of the Company and is subject to control shares provisions under Rule 144 of the U.S. Securities Act.&#160; Unless registered, such control share provisions restrict the ability of the Purchaser to sell his shares
        in the open market in the United States subject to certain hold period, manner of sale, volume of sale and notice of sale restrictions. The Purchaser understands that they are purchasing the Shares from affiliates of the Company and therefore the
        Shares are &#8220;restricted securities&#8221; under Rule 144 of the U.S. Securities Act and are subject to a hold period of at least six month pursuant to the requirements of Rule 144 in relation to any sale of the Shares in the open market in the United
        States.</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">C.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>REPRESENTATIONS AND WARRANTIES OF SELLER</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">Each Seller, severally and not jointly, hereby represents, warrants and covenants that:</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Authorization</u></font>.&#160; Such Seller has
        full power and authority to enter into this Agreement, and such agreement constitutes a valid and legally binding obligation, enforceable in accordance with its terms against such Seller except (i) as limited by applicable bankruptcy and other laws
        of general application affecting enforcement of creditors&#8217; rights generally and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Residence and Legal Capacity</u></font>.&#160; Such
        Seller is a resident of the jurisdiction indicated on the signature page hereof, is of the age of majority for the jurisdiction in which they reside and have sufficient legal capacity to execute this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Ownership of the Shares</u></font>.&#160; Seller is
        the sole registered and beneficial owner of the common shares being sold pursuant to this Agreement and has full power and authority to convey such common shares free and clear of all liens, encumbrances, restrictions and claims of every kind and,
        upon delivery of and payment for such common shares as herein provided, Purchaser shall acquire good and valid title thereto, free and clear of all liens, encumbrances, restrictions and claims of every kind, except for the restrictions as may be
        imposed pursuant to applicable securities laws.&#160; There is no outstanding subscription, warrant, call, commitment, option or other agreement or right of any kind to purchase or otherwise to receive or acquire from Purchasers any interest in such
        Shares.&#160; Seller is not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Access to Information</u></font>.&#160; Seller has
        had the opportunity to ask questions and receive answers concerning the terms and conditions of the transaction contemplated by this Agreement and have had access to such information concerning the Company as the Seller has considered necessary or
        appropriate in connection with their investment decision to sell the common shares, including access to the Company&#8217;s public filings available on the Internet at www.sedar.com and www.sec.gov, and that any answers to questions and any reasonable
        requests for information have been complied with to the Sellers&#8217; complete satisfaction.&#160; Sellers have had the opportunity to seek independent legal and tax advice relative to this transaction and Sellers have such knowledge and experience in
        financial and business matters, either alone or in consultation with their advisors, as to be capable of evaluating the merits and risks of the sale of the Shares.</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No-Conflict</u></font>.&#160; Neither the execution and the delivery of this
        Agreement, nor the consummation of the transactions contemplated hereby, will (A) violate any statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to
        which either Seller is subject or (B) result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under any agreement, contract,
        lease, license, instrument, or other arrangement to which either Seller is a party or by which he or she is bound, which breach, default, acceleration, right or requirement would prevent the Sellers from consummating the transactions contemplated
        by this Agreement.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">6.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No Consents</u></font>.&#160; No consent of any third-party is necessary for the
        Seller to sell the common shares or consummate any of the transactions contemplated by this Agreement. Any consent of the Seller&#8217;s spouse required pursuant to any applicable communal property laws of the Seller&#8217;s jurisdiction of residence has been
        obtained and will be delivered at Closing.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">7.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Brokers&#8217; Fees</u></font>.&#160; Seller has no
        liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which any Purchaser could become liable or obligated.</font></div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">8.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Private Resale</u></font>.&#160; Seller: (A) acquired the common shares for their
        own account for investment purposes and not with a view to any distribution of such common shares, (B) have not engaged in any form of general solicitation or general advertising in connection with the sale of the common shares, and (C) Purchaser
        was the only offeree with respect to the sale of such common shares.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">9.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Release of Future Gains</u></font>.&#160; <font style="font-weight: bold;">Seller acknowledges that by selling the common shares he is foregoing any potential future gains and/or dividends or distributions resulting from the ownership of the common shares
          and Seller hereby releases Purchaser from any and all claims, rights or actions of Seller against Purchaser in relation to any such future gains and/or dividends or distributions</font>. Seller acknowledges that the market value of the common
        shares is currently and could, in the future and depending on the success of the Company&#8217;s business, become worth substantially more than the price at which the Purchaser is purchasing the common shares from the Seller. Seller acknowledges that the
        market value of the common shares could, in the future and depending on the success of the Company&#8217;s business, become worth substantially more than the price at which the Purchaser is purchasing the common shares from the Seller. Seller understands
        that the Company has from time to time explored, and will continue to explore, exit strategies, including, without limitation, selling the Company, merger, consolidation and similar transactions.&#160; Seller understands that any future sale of common
        shares of the Company in relation to such a transaction could be at a premium or a discount to the per common share Purchase Price, and such sale could occur at any time or not at all.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">10.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>No Representations Regarding Price</u></font>.&#160; <font style="font-weight: bold;">Sellers acknowledges that Purchaser has not made any representations to them regarding the potential future price of the common shares and that the Seller has independently
          determined, either alone or in consultation with their advisors,&#160; that the Purchase Price is sufficient compensation for the value of the common shares and is fair and equitable to the Seller</font>.&#160; Seller further understands that the Purchase
        Price was determined through an arm&#8217;s length negotiation between Seller and Purchaser and that Seller did not rely on Purchaser or any other person to determine the value of the common shares, and that the actual fair market value of the common
        shares could be higher or lower than the Purchase Price.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">11.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Use of Proceeds</u></font>.&#160; Seller represents that they will not use the
        proceeds of the sale of the common shares for any unlawful purpose.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">12.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Release of Claims</u></font>.&#160; Seller on his own behalf and on behalf of his
        respective heirs, family members, executors, agents, and assigns, hereby and forever releases the Purchaser and his heirs, family members, executors, agents, and assigns (&#8220;<font style="font-weight: bold; font-style: italic;">Releasees</font>&#8221;)&#160; from, and agrees not to sue concerning, or in any manner to institute, prosecute, or pursue, any claim, complaint, charge, duty, obligation, or cause of action relating to any matters of
        any kind, whether presently known or unknown, suspected or unsuspected, that Seller may possess against any of the Releasees arising from this or related to this Agreement or relating to the Purchase Price.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;">13.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Tax Consequences</u></font>.&#160; Seller has reviewed with their own tax advisors
        the federal, state, local and foreign tax consequences of this Agreement and the transactions contemplated hereunder.&#160; Seller is relying solely on their own such advisors and not on any statements or representations of the Company or its agents or
        the Purchaser or their agents.&#160; <font style="font-weight: bold;">Seller understands, acknowledges and agrees that they shall be responsible for their own tax liability that may arise
          as a result of this Agreement or the transactions contemplated hereunder</font>.&#160; The Purchaser makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Seller or made on
        their behalf under the terms of this Agreement.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 12pt;">D.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>INDEMNITY</u></font></div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;">Seller, severally and not jointly, shall indemnify, defend and hold Purchaser harmless against any and all liabilities, loss, cost or
      damage, together with all reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses), arising from, relating to, or connected with any untrue, inaccurate or breached statement, representation, warranty
      or covenant of such Seller set forth in this Agreement.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 12pt;">Purchaser shall indemnify, defend and hold each Seller harmless against any and all liabilities, loss, cost or damage, together with all
      reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses), arising from, relating to, or connected with any untrue, inaccurate or breached statement, representation, warranty or covenant of Purchaser
      set forth in this Agreement.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">E.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>BEST EFFORTS TO CLOSE</u></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">Each of the parties will use his or her reasonable best efforts to take all action and to do all things necessary,
      proper, or advisable in order to consummate and make effective the transactions contemplated by this Agreement.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">F.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>CONDITIONS TO OBLIGATIONS TO CLOSE</u></font></div>
    <div style="text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><u>Conditions to Obligation of Purchaser</u>. The obligation of
        Purchaser to consummate the transactions to be performed by each of them in connection with the Closing is subject to satisfaction of the following conditions:</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(a)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">the representations and warranties set forth in Article C above shall be true and correct in all material respects at and as of the Closing Date;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Seller shall have performed and complied with all of his covenants hereunder in all material respects through the Closing;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state,
        local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement, (B) cause any of the
        transactions contemplated by this Agreement to be rescinded following consummation, or (C) affect adversely the rights of Purchaser to own the common shares;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(d)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">all actions to be taken by Seller in connection with consummation of the transactions contemplated hereby and all certificates, opinions,
        instruments, and other documents required to effect the transactions contemplated hereby will be reasonably satisfactory in form and substance to Purchaser; and</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">Purchaser may waive any condition specified in this section if each Purchaser executes a writing so stating at or
      prior to the Closing.</div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><u>Conditions to Obligation of the Seller</u>. The obligation
        of each Seller to consummate the transactions to be performed by them in connection with the Closing is subject to satisfaction of the following conditions:</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(a)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">the representations and warranties set forth Article B above shall be true and correct in all material respects at and as of the Closing Date;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(b)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">Purchaser shall have performed and complied with all of his covenants hereunder in all material respects through the Closing;</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(c)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state,
        local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement or (B) cause any of the
        transactions contemplated by this Agreement to be rescinded following consummation (and no such injunction, judgment, order, decree, ruling, or charge shall be in effect); and</font></div>
    <div style="text-align: justify; text-indent: 108pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">(d)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;">all actions to be taken by Purchasers in connection with consummation of the transactions contemplated hereby and all certificates, opinions,
        instruments, and other documents required to effect the transactions contemplated hereby will be reasonably satisfactory in form and substance to the Seller.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt; font-size: 12pt;">The Seller may waive any condition specified in this section if they execute a writing so stating at or prior to
      the Closing.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">G.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>SURVIVAL OF REPRESENTATIONS AND WARRANTIES</u></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">All of the representations and warranties of the parties contained in this Agreement shall survive the Closing
      hereunder (even if the damaged party knew or had reason to know of any misrepresentation or breach of warranty or covenant at the time of Closing) and continue in full force and effect forever thereafter (subject to any applicable statutes of
      limitations).</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">H.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt; font-weight: bold;"><u>MISCELLANEOUS PROVISIONS</u></font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Successors and Assigns</u></font>.&#160; Except as
        otherwise provided herein, the terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties.&#160; Nothing in this Agreement, express or implied, is intended to confer upon
        any party, other than the parties hereto or their respective successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Governing Law; Attorneys&#8217; Fees</u></font>.&#160; This Agreement shall be governed by and construed in accordance with the laws of the Province of British Columbia,&#160; without regards to conflict of law principles
        thereof.&#160; To the extent any dispute arises between the Parties hereto regarding any of the subject matter hereof, the prevailing party in any action or&#160;&#160;arbitration proceeding, including any action for&#160;emergency or equitable relief&#160; brought in
        connection therewith will be entitled to reasonable attorneys&#8217; fees and court costs from the losing party.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">3.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Titles and Subtitles</u></font>.&#160; The titles
        and subtitles used in this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">4.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Notices</u></font>.&#160; All notices required or
        permitted hereunder shall be in writing and shall be deemed effectively given: (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed telex or email if sent during normal business hours of the recipient, if not, then on
        the next business day; (iii) five days after having been sent by registered or certified mail, return receipt requested, postage prepaid; or (iv) one day after deposit with a nationally recognized overnight courier, specifying next day delivery,
        with written verification of receipt, to the addresses of the Sellers and Purchaser set forth of the signature page hereto.</font></div>
    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">5.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Amendments and Waivers</u></font>.&#160; Any term
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    <div style="text-align: justify; text-indent: 72pt; margin-bottom: 12pt;"><font style="font-size: 12pt;">9.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold;"><u>Expenses</u></font>. Each of the parties will
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    <div style="text-align: center; margin-bottom: 12pt; font-size: 12pt;">[SIGNATURE PAGES FOLLOW]</div>
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      have executed this Agreement as of the date first above written.</div>
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            <div style="font-size: 12pt; font-weight: bold;">Joseph Ovsenek</div>
            <div>&#160;</div>
            <div><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 215.1pt">&#160;</font>&#160;</div>
            <div style="font-size: 12pt;">(Signature)</div>
            <div>&#160;</div>
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            <div style="font-size: 12pt; font-weight: bold;">Address:</div>
            <div style="font-size: 12pt; font-weight: bold;">2821 Kitchener Street</div>
            <div style="font-size: 12pt; font-weight: bold;">Vancouver, BC</div>
            <div style="font-size: 12pt; font-weight: bold;">V5K 3E4</div>
            <div>&#160;</div>
            <div style="font-size: 12pt; font-weight: bold;">Email: jovsenek@p2gold.com</div>
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            <div style="font-size: 12pt; font-weight: bold;">Kenneth McNaughton</div>
            <div>&#160;</div>
            <div><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 215.1pt">&#160;</font>&#160;</div>
            <div style="font-size: 12pt;">(Signature)</div>
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            <div style="font-size: 12pt; font-weight: bold;">Address:</div>
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            <div style="font-size: 12pt; font-weight: bold;">Vancouver, BC</div>
            <div style="font-size: 12pt; font-weight: bold;">V6R 1T3</div>
            <div>&#160;</div>
            <div style="font-size: 12pt; font-weight: bold;">Email: kmcnaughton@p2gold.com</div>
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            <div>&#160;</div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
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        <tr>
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            <div style="font-size: 12pt; font-weight: bold;">Robert Hatch</div>
            <div>&#160;</div>
            <div style="font-size: 12pt;">_</div>
            <div>&#160;</div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
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            <div style="font-size: 12pt;">___________________________________</div>
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    <div style="font-size: 12pt; font-weight: bold;">Address:</div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">1838 N. Valley View Road</div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">Ashland, Oregon</div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">97520</div>
    <div style="text-indent: 36pt; margin-left: 36pt; font-size: 12pt; font-weight: bold;">United States of America</div>
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    <div style="font-size: 12pt; font-weight: bold;">Email: hatchgold@gmail.com</div>
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