0001001277-06-000346 Sample Contracts

STOCK OPTION AGREEMENT
Stock Option Agreement • August 21st, 2006 • Golden Phoenix Minerals Inc /Mn/ • Metal mining • Nevada

This Stock Option Agreement is made by and between Golden Phoenix Minerals, Inc., a Minnesota corporation (the “Company”) and Donald R. Prahl (the “Participant”), as of August 18, 2006 (the “Agreement”).

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