0001144204-08-040956 Sample Contracts

KINGSTON MINES LTD. DIRECTOR AGREEMENT
Director Agreement • July 21st, 2008 • Laureate Resources & Steel Industries Inc. • Metal mining • New York

DIRECTOR AGREEMENT (this “Agreement”), dated as of the date set forth on the signature page hereto, by and between Kingston Mines Ltd. (the “Company”), and the signatory hereto (“Director”).

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LAUREATE RESOURCES AND STEEL INDUSTRIES INC. DIRECTOR AGREEMENT
Director Agreement • July 21st, 2008 • Laureate Resources & Steel Industries Inc. • Metal mining • New York

DIRECTOR AGREEMENT (this “Agreement”), dated as of the date set forth on the signature page hereto, by and between Laureate Resources and Steel Industries Inc. (the “Company”), and the signatory hereto (“Director”).

AMENDMENT NO. 1 TO LAUREATE RESOURCES & STEEL INDUSTRIES INC. COMMON STOCK PURCHASE WARRANT “A-1”
The Common Stock Purchase • July 21st, 2008 • Laureate Resources & Steel Industries Inc. • Metal mining

THIS AMENDMENT NO. 1 TO THE COMMON STOCK PURCHASE WARRANT “A-1” (this “Amendment”) is made as of May 22, 2008, by and between LAUREATE RESOURCES & STEEL INDUSTRIES INC. (the “Company”) and ARIMATHEA LIMITED, or its registered assigns (the “Warrant Holder”). The parties hereto herby agree, for value received, to amend that certain Common Stock Purchase Warrant “A-1,” issued as of May 10, 2008 (the “Warrant”), as set forth below. Capitalized terms not expressly defined herein shall have the meanings ascribed to them in the Warrant.

MINERAL CLAIM PURCHASE AGREEMENT BY AND BETWEEN LAUREATE RESOURCES & STEEL INDUSTRIES INC. AND TERRACAN RESOURCES LTD.
Mineral Claim Purchase Agreement • July 21st, 2008 • Laureate Resources & Steel Industries Inc. • Metal mining • New York

THIS MINERAL CLAIM PURCHASE AGREEMENT (this “Agreement”), dated May 28, 2008, is entered into by and between Laureate Resources & Steel Industries Inc., a Nevada corporation having its principal offices at 245 Park Avenue, 24th Floor, New York, NY 10167 (the “Seller”) and Terracan Resources Ltd., a company incorporated pursuant to the laws of British Columbia having its principal offices at 12456 23A Avenue, Surrey, British Columbia (the “Purchaser”).

LAUREATE RESOURCES & STEEL INDUSTRIES INC. DIRECTOR AGREEMENT
Director Agreement • July 21st, 2008 • Laureate Resources & Steel Industries Inc. • Metal mining • New York

DIRECTOR AGREEMENT (this “Agreement”), dated as of the date set forth on the signature page hereto, by and between Laureate Resources & Steel Industries Inc. (the “Company”), and the signatory hereto (“Director”).

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