On September 24, 2009, EXMIN agreed to sell a small part of the Batopilas land package and a part of its Moris project to Caza Gold, a private company spun off from Canarc Resource Corp., for a payment of 400,000 shares of
Caza, and EXMIN retained a 1.0% NSR on the Moris project, capped at US$1,000,000. The concessions and areas
listed above are net of these sales