so share and royalty exchange- 300m WOLV for 25%

so share and royalty exchange- 300m WOLV for 25% of Enigma shares and 25% royalty


AMONG:

WOLVERINE EXPLORATION INC. , a State of Nevada corporation with an office at 4055 McLean Road, Quesnel, British Columbia, Canada, V2J 6V5.

(“ Pubco ”)

AND:

ENIGMAMOBIL INC. , a Province of Alberta corporation with an office at 103 Huntcroft Place NE, Calgary, ABN, T2K 4E6.

(“ Priveco ”)

AND:

DAVE CHALK , with an address at with an address at 20629 86 Ave, Langley, BC, V1M 3X3 (as listed on Schedule 1 attached hereto).

(the “ Selling Shareholder ”)

WHEREAS :
A.

the Selling Shareholder is the registered and beneficial owners of all 100 issued and outstanding common shares in the capital stock of Priveco;

B.

Priveco is the legal and equitable owner of all right, title and interest in and to the Intellectual Property Assets as defined in Section 3.18 of this Agreement;

C.

Pubco has agreed to issue 300,000,000 common shares in the capital stock of Pubco as of the Closing Date (as defined herein) to the Selling Shareholder as consideration for the purchase by Pubco of:

i.

25 common shares of Priveco held by the Selling Shareholder, representing 25% of all issued and outstanding common shares of the Priveco, on the Closing Date; and

ii.

a 25% royalty of all gross revenues from the sales of licenses to the Intellectual Property Assets as defined in Section 3.18 of this Agreement; and