CME CME Consulting Ltd.
Canadian Mineral Exploration
Consultants Working Worldwide
February 19, 1999
Mr. Robert Ferguson, President
Columbia River Resources Inc.
Suite 510, 1090 West Pender Street
Vancouver, BC V6E 2N7
Dear Bob,
Per your visit yesterday, the following is our proposal for Suite 304, 856 Homer
Street, Vancouver, BC:
1. TERM
April 1, 1999 to November 30, 2000 - a total of 20 months
2. FOOTAGE
913.25 sq. ft.2
3. Monthly payment (see attached schedule)
*The above mentioned will be incorporated in the standard lease agreement.
If the proposal is acceptable, please sign and return this letter to us at your
earliest convenience. Please note that we need this agreement in order for us to
notify our landlord in writing.
Sincerely, Accepted,
/s/ Peter Chen /s/ Robert Ferguson
Peter Chen Robert Ferguson
Columbia River Resources Inc.
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#302 - 856 Homer Street, Vancouver, British Columbia, Canada V6B 2W5
Telephone (604) 687-7938 Facsimile (604) 687-2319
Columbia River Resources
Schedule of Rent Payments for 2000
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MONTH PAYMENT DUE 7%GST SECURITY TOTAL
Jan. 1, 2000 1,093.84 76.57 86.67 1,257.08
Feb. 1 1,093.84 76.57 1,170.41
Mar. 1 1,093.84 76.57 1,170.41
Apr. 1 1,093.84 76.57 86.67 1,257.08
May 1 1,093.84 76.57 1,170.41
Jun. 1 1,093.84 76.57 1,170.41
Jul. 1 1,093.84 76.57 86.67 1,257.08
Aug. 1 1,093.84 76.57 1,170.41
Sept. 1 1,093.84 76.57 1,170.41
Oct. 1 1,093.84 76.57 86.67 1,257.08
Nov. 1 1,093.84 76.57 1,170.41
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Note:
1. Monthly payment includes 2 desks & 2 chairs, any extra furniture can be
provided without cost if available.
2. Leasehold improvement & telecommunications will be Tenant's responsibility.
Columbia River Resources
Schedule of Rent Payments for 1999
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MONTH PAYMENT DUE 7%GST SECURITY TOTAL
1-Apr-99 2,187.68(1) 153.14 86.67 2,427.49
1-May-99 1,093.84 76.57 1,170.41
1-Jun-99 1,093.84 76.57 1,170.41
1-Jul-99 1,093.84 76.57 86.67 1,257.08
1-Aug-99 1,093.84 76.57 1,170.41
1-Sep-99 1,093.84 76.57 1,170.41
1-Oct-99 1,093.84 76.57 86.67 1,257.08
1-Nov-99 1,093.84 76.57 1,170.41
1-Dec-99 1,093.84 76.57 1,170.41
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Note:
1. Includes first month and last month rent.
2. Monthly payment includes 2 desks & 2 chairs, any extra furniture can be
provided without cost if available.
3. Leasehold improvement & telecommunications will be Tenant's responsibility.
4. Rent for Dec. 1999 & Nov. 2000 may be varied due to fluctuation of operating
expenses.
2/19/99