ASSIGNMENT
AGREEMENT
This Assignment
Agreement is made the 25 th day of
June, 2011.
BETWEEN:
AIRON PERU S.A.C.
Calle Buen Retiro 155 Int. 404, San
Borja,
Lima - Perú
Represented by Mr. Carlos
Castillo
(the “AIRON”)
AND:
PORTAGE
RESOURCES PERU S.A.
Calle
Alcanfores 761 -1701 Miraflores
Represented by Mr. Paul Luna, with ID
N°07863062
(the “PORTAGE”)
WHEREAS:
1 The
AIRON has a Joint Venture to invest on exploration with the owner
of the mining concession called Wuakakuy, with Code
N°010062506, with 400 hectares, located in Putina District, San
Antonio de Putina Province, Department of Puno (the
CONCESSION).
2 The
PORTAGE is a company incorporated in Peru and wants to invest in
exploration in the CONCESSION.
IN
CONSIDERATION OF the agreements contained herein and other good and
valuable consideration, the parties hereto covenant and agree each
with the other as follows:
In this
Agreement words or figures expressed in dollars or the symbol for
dollars without any other indication mean the specified amount in
lawful currency of the United States.
Where the
context so requires, all references to this Assignment Agreement to
the singular shall be deemed to include the plural and all
references to the masculine shall be deemed to include the feminine
and neuter genders and a body corporate and vice versa.
The headings in
this Assignment Agreement form no part of this Assignment Agreement
and shall be deemed to have been inserted for convenience of
reference only.
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Governing
Law and Attornment
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This Assignment
Agreement shall be governed by and construed in accordance with the
laws of Peru. Al
