EXHIBIT 10.3
Letter, of Intent – Formal Agreement to Follow between Edwin Morrow and Gold Lakes Corp.
To Whom it may Concern
- | Gold Lakes would announce Mr. Edwin Morrow as an advisory committee member and as Consultant for supervising Exploration Activity effective November 1st 2015. This will involve initially, the following: |
| |
- | Recommendation for a work program in line with the schedule of payments. |
| |
- | Assist in putting together news releases and other required documents. |
In return:
- | Gold Lakes honors Morrow's previous Siga account payable of approx $12,000 to be paid paid over 12 months upon presentation of appropriate invoices. |
| |
- | Gold Lakes honors previous 100,000 restricted Siga shares issued post split and name change to Gold Lakes. |
| |
- | Gold Lakes will issue Mr. Morrow an additional 100,000 restricted shares post split, for atotal of 200,000 shares |
Mr. Morrow will receive a retainer of $1,500 a month (payable monthly in advance) for a minimum of three months under an Advisory and Consultancy agreement for work programs as Gold Lakes Corp's Advisory Committee Member and Consultant for Exploration
![](https://capedge.com/proxy/S-1/0001477932-16-009610/gllk_ex103001.jpg)
![](https://capedge.com/proxy/S-1/0001477932-16-009610/gllk_ex103002.jpg)
| | ![](https://capedge.com/proxy/S-1/0001477932-16-009610/gllk_ex103003.jpg) |
Edwin Morrow | | Christopher Vallos |
| | GoldLakes Corp |