CASCADE ENERGY, INC. 3405 Folsom Blvd., Suite 820 Folsom, CA 95630Cascade Energy, Inc. • October 25th, 2005 • Agricultural production-crops • Ontario
Further to our recent discussions, this letter agreement sets forth the terms upon which James Bay Energy Inc. (“JB”), with the subsequent ratification of First Nephi International, Inc. (“FNI”) as appropriate, will agreed to grant to Cascade Energy, Inc. (“Cascade”) an option to acquire an undivided 10% ownership interest in five (5) coal exploration licenses (the “Licenses”) to explore and develop certain coal properties (collectively the “Property”) located on Axel Hieberg Island in the Canadian Arctic.
Investor Relations Agreement The Catalyst Shareholder Services Company & Cascade Energy, Inc.Investor Relations Agreement • October 25th, 2005 • Cascade Energy, Inc. • Agricultural production-crops • British Columbia
CASCADE ENERGY, INC., a Company incorporated under the laws of Nevada, having its business office at 11300 West Olympic Boulevard, Suite 800, Los Angeles CA, USA 90064;
1048136 ALBERTA LTD. c/o 2760 – 200 Granville Square 200 Granville Street Vancouver, British Columbia Canada V6C 1S4Participation Agreement • October 25th, 2005 • Cascade Energy, Inc. • Agricultural production-crops • British Columbia
This Agreement outlines the terms upon which 1048136 Alberta Ltd. (“1048136”) will assign and grant to Cascade Energy, Inc. a farmin opportunity on certain lands comprising a part of the “Empress Prospect”, located in the Province of Alberta.
BLUE SCORPION ENERGY INC. (formerly 1048136 Alberta Ltd.) c/o 2760 - 200 Granville Square 200 Granville Street Vancouver, British Columbia Canada V6C 2W2Cascade Energy, Inc. • October 25th, 2005 • Agricultural production-crops
We refer to the agreement dated June 30, 2005 (the “June 30th Agreement”) between 1048136 Alberta Ltd. (“1048136”) and Cascade Energy, Inc. (“Cascade”). It is agreed that the June 30th Agreement did not adequately set forth the contractual intentions of the parties since the June 30th Agreement contemplated that Cascade would be entitled to a 21% working interest in only Section 16 of the Farmout Lands by paying 1048136’s future share of costs attributable to Section 16. The parties acknowledge and agree that the mutual intention was that Cascade would earn a 21% working interest Section 16 of the Farmout Lands, as well as a 49% working interest in the three other pre-selected sections of the Farmout Lands earned by 1048136 as a result of 1048136 completing one well on Section 16. It should be noted that the defined terms used in the June 30th Agreement have the same meanings when used herein.
