LETTER AGREEMENT WITH BEAUREGARD HOLDINGS CORP.
DATED FEBRUARY 5, 2004 REGARDING OFFICE LEASE
OFFER TO LEASE
TERMINAL CITY CLUB TOWER
The Tenant hereby offers to lease from the Landlord certain premises (the "Premises"), being a portion of the
building located at 837 West Hastings Street, Vancouver, B.C. and generally known as Terminal City Club
Tower (the "Building") on the following terms and conditions:
1 . DESCRIPTION OF PREMISES
The Premises shall consist of approximately one thousand six hundred seventy five (1,675) rentable square feet of
office space, being Suites 708 to 711 as shown outlined in heavy black line on the floor plan attached as
Schedule "A". The Premises will be measured in accordance with the terms of the Lease described below.
The term of the Lease shall be for three (3) years plus the part of the month, if any, from the Commencement
Date to and including the last day of the month in which the term commences (the "Term"). The Term shall
commence on the date (the "Commencement Date") which is the earlier of.
(a) the Tenant occupying for business any part of the Premises; and
(b) the later of the expiry of the Fixturing Period;
DATE: February 21,2004
BETWEEN: BEAUREGARD HOLDINGS CORP. (THE "LANDLORD")
3860 Moscrop Street
Burnaby, B.C. V5G 2C9
AND: IMA EXPLORATION INC. (THE "TENANT")
709 - 837 West Hastings Street
Vancouver, B.C. V6C 3N6
"Fixturing Period" means a period of thirty (30) days commencing on the date on which the Landlord delivers
possession of the Premises to the Tenant together with a notice, signed by the Landlord, confirming that the
Landlord's Improvement Work has sufficiently progressed to permit the Tenant to commence and proceed with
the Tenant's Improvement Work without undue interference from the Landlord.
3. BASIC RENT
Tenant will pay