OPTION AGREEMENT - AMENDMENT NO. 3
THIS AGREEMENT made as of the 15th day of August, 2001.
JOHN D. MACPHERSON, of Box 461,
Robson, BC V0G 1X0
OF THE FIRST PART
COYOTE VENTURES CORP., of T9 - 1501 Howe Street
Vancouver, BC V6Z 2P8
OF THE SECOND PART
A. The parties entered into an option agreement dated July 15, 2000, as amended (the "Agreement");
B. The Company does not expect to receive any results of its Summer 2001 work program until sometime in the
fall of 2001;
C. The parties have agreed to amend the Agreement to extend the date for payment of the $10,000 due on
September 1, 2001 on account of the option granted pursuant to the Agreement.
NOW THEREFORE THIS AGREEMENT WITNESSES THAT in consideration of the mutual covenants and
conditions herein contained and in consideration of the sum of $500.00 US paid by the Optionee to the Optionor
(the receipt of which is hereby acknowledged) the parties have agreed and do hereby agree as follows:
1. The Agreement is hereby amended by extending the date of payment of the amount of $10,000 required to be
made pursuant to
Section 4(b)(ii)(A) of the Agreement, as amended, from
September 1, 2001 to December 31, 2001. All other terms and conditions of the Agreement will remain in full
force and effect without amendment.
2. The Agreement is deemed to have been amended as of the day and year first above written and, in all other
respects, save and except as herein provided, the Agreement is hereby confirmed.
3. This Agreement may be executed in counterparts which together shall form one and the same instrument.
IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above
SIGNED, SEALED AND DELIVERED )
BY JOHN D. MACPHERSON )
in the presence of: )
/s/ Terence E. Morin ) John D. M