Royalty Report: Metal & Mining, Metals & Metal Products, Technical Know How – Collection: 289204

License Grant

The license for Trade Secrets, Licensor grants the Canadian Licensee, solely during the Term:
—  an exclusive, transferable license, with the right to grant sublicenses, to use such Trade Secrets solely for the Authorized Purpose; and
—  a non-exclusive, transferable license, with the right to grant sublicenses, to sell metals and other materials which are derived to third parties outside the Authorized Territory.

For the Patents, Licensor grants solely during the Term and solely in the Authorized Territory, the following licenses:
—   an exclusive, both as to Licensor and all third parties, a license, solely for the Authorized Territory, to use the Patents, and practice any claims thereof, solely for the Authorized Purpose; and
—   a non-exclusive, transferable license to sell metals and other materials derived to third parties outside the Authorized Territory.

License Property

The intellectual property is for dry disaggregation technology products.

Trade Secrets shall mean all ideas, concepts, know-how, formulas, techniques, procedures, and other non-public information regarding the use or operation of Machines or Enhanced Machines on or before the Effective Date, including without limitation materials described, and including any and all Enhancements.

Machines shall mean Licensors machines as exist as of the Effective Date.

Licensee may recommend to Licensor certain improvements, enhancements and customizations thereto which are in Licensor’s reasonable judgment necessary or desirable to improve the performance of such Machine collectively, the Enhancements.  At such time as any of the Enhancements are incorporated into a Machine, such Machine shall be referred to as an Enhanced Machine.

Field of Use

The intellectual property pertains to proprietary dry disaggregation technology to process the extraction of metals and other minerals from the waste, or tailings, of tar sand mining.

The field of use is for purposes of processing and extraction of metals and other materials from mining, mine waste or tailings within North America.

Authorized Purpose shall mean the operation of Machines and Enhanced Machines solely to process and/or extract metals and other materials from mines, mine waste or tailings physically located in the Authorized Territory.

License Grant

The Licensor hereby grants to the Licensee, an exclusive, worldwide,  License with the right to grant sublicenses of equal or lesser scope, in the field of: extraction, reduction and processing of mineral ores and materials containing gold, silver and other such type precious metals including micron gold, gold tailings and gold ores using processes, methods and equipment developed by the Licensor.

License Property

Intellectual Property shall mean the technology described in applicable Licensor patent documents and patent pending documents, as disclosed or to be disclosed during the term of this agreement and, regardless of patentability, all related Licensor Trade Secrets, Confidential Information, expertise, knowhow and Improvements.

Field of Use

Field shall mean the field of extraction, reduction and processing of mineral ores and materials containing gold, silver and other such type precious metals including micron gold, gold tailings and gold ores using processes, methods and equipment developed by Licensor.

License Grant

The Swiss Licensor hereby grants Licensee an exclusive, perpetual, irrevocable, unrestricted, license within the Territory to (i) use and exploit the Technology; (ii) design, develop, have manufactured and remanufactured, use, exploit, promote, distribute, test, or service Products; and (iii) design, develop, have manufactured and remanufactured, use, exploit, promote, distribute, test, or service Applications.

License Property

Product(s) shall mean any Licensor Products or Synthesis Products.

Licensor Product(s) means any machinery, equipment, process or system (including hardware and software) utilizing all or any portion of the TOR-technology.

Synthesis Products means any machinery, material, equipment, process or system (including hardware and software) utilizing all or any part of the Synthesis Technology.

Technology shall mean all or any part of the TOR-technology, the Synthesis Technology or any technology pertaining to any Application that utilizes all or any part of the TOR- technology or the Synthesis Technology.

TOR-technology means inventions (whether or not patentable), ideas (whether or not protected or protectable under trade secret laws), designs, processes, formulas, algorithms and know-how, technical data, research owned or controlled by Licensor and used by it as of the date of this Agreement, or hereafter during the term of this Agreement, that are necessary or useful to create one or more mechanisms utilizing vortex (gas-dynamic) resonance technologies to (i) grind or disintegrate substances; (ii) separate or classify substances; (iii) produce nonthermal mechanoactivation and mechanochemical synthesis or nanostructuring of materials; or (iv) make or use any Licensor Product or Application included in this agreement.
Patent and Patent Applications :
ICAC Decision: Case No.: ICAC-SRI/14/04
ICAC Extract No.: 01/17 from closed electronic registration of intellectual property and know-how of ICPP registry M/: Utility models and industrial designs of 01.24.2017
Patent UA No 46851 “Method of grinding material in the energy flow device for its implementation”.

Synthesis Technology means inventions (whether or not patentable), ideas (whether or not protected or protectable under trade secret laws), designs, processes, formulas, algorithms and know-how, technical data, research owned or controlled by Licensor and used by it as of the date of this Agreement, or hereafter during the term of this Agreement, that are necessary or useful to synthesize super-hard materials or make or use Synthesis Product or Application.

Trademarks shall mean any and all trademarks, service marks, trade names, corporate names, logos, trade dress, domain names or any other indicator of source or origin pertaining to the Technology, Product or Application.

Mining industry and mineral processing, including: methods of disintegration of mineral raw materials, methods and technologies of further enrichment of rocks, minerals and processing of technogenic accumulations under the code name 'TOR-technology'; exploitation of specialized mineral processing 'Tornado' utility models and the subsequent recipience of the products by the disintegration of mineral raw materials, mechanical activation, mechanochemical activation and mechanosynthesis to receive a large range of finished products, blends, composites and solutions; commercialization of licensor's technological solutions and projects in the mining industry and in the processing of mineral raw materials and technogenic accumulations to wit methods, techniques and technologies of disintegration of materials, minerals and rocks, mining; industrial waste with subsequent enrichment and/or with the recipience of the product; methods and technologies of mechanical activation, mechanochemical activation, and; mechanosynthesis of mineral raw materials, obtaining materials with new properties and new; materials, composites, mixtures, solutions; methods and technologies of deep processing and decontamination of contaminated materials, waste, and water reclamation; methods and technologies of restoration of the fertility of the land, obtaining new classes of mineral and biomineral fertilizers and mixtures and mineral protection of soil and plants; all or some know-how's, trademarks, design development and technical knowledge.

Field of Use

This agreement pertains to the mining industry relating to the field of disintegration (micronization) of various non-mineral material.

License Grant

Licensor hereby licenses to Canadian Licensee, for the use of Licensee, an irrevocable, non-transferable and exclusive right to apply and exploit the Technology in connection with the Use, either in Canada and elsewhere in the world, the foregoing being subject to the terms and conditions set forth in this Agreement.

License Property

Licensor has developed a certain technology (the 'Technology') which includes and/or incorporate the techniques, rights and other elements and in the documents and instruments identified therein and can be used to extract and purify rare earth metals from ores. In addition the technology can be used to support mining operations with a reduced amount of energy input.

Description of the Technology: A nine-step process whereby ore is extracted from the ground and submitted purification stages for the purpose of increasing Rare Earth Oxides (REO).

Field of Use

Licensee wishes to license the use of the Technology for exploiting the technology either through ore extraction from its own mines or act as purifier for others or act as further Licensor to other parties (the 'Use') or a further Licence agreement to third parties, and Licensor has agreed to license the Technology for such Use, pursuant to the terms of this Agreement.

License Grant

The Swiss Licensor hereby grants Licensee an exclusive, perpetual, irrevocable, unrestricted, license within the Territory to (i) use and exploit the Technology; (ii) design, develop, have manufactured and remanufactured, use, exploit, promote, distribute, test, or service Products; and (iii) design, develop, have manufactured and remanufactured, use, exploit, promote, distribute, test, or service Applications.

Licensee’s license is exclusive even as against Licensor for the purpose stated in this agreement; production under the license is authorized and will take place in the Territory at such locations and by such parties as determined by Licensee. Licensee may extend the licenses granted above to its Affiliates and sublicensees.

Licensee further agrees that in any licenses granted to sublicensees, a reasonable initial set-up fee will be paid by sublicensees to Licensee and further transferred to the Licensor for the preparation, testing of materials, transfer of any documentation, designs, drawings or other efforts to apply the Technology the specific application of sublicensees.

License Property

Technology shall mean all or any part of the TOR-technology, the Synthesis Technology or any technology pertaining to any Application that utilizes all or any part of the TOR-technology or the Synthesis Technology.  

TOR-technology means inventions (whether or not patentable), ideas (whether or not protected or protectable under trade secret laws), designs, processes, formulas, algorithms and know-how, technical data, research owned or controlled by Licensor and used by it as of the date of this Agreement, or hereafter during the term of this Agreement, that are necessary or useful to create one or more mechanisms utilizing vortex (gas-dynamic) resonance technologies to (I) grind or disintegrate substances; (ii) separate or  classify substances; (iii) produce nonthermal mechanoactivation and mechanochemical synthesis or nanostructuring of materials; or (iv) make or use any Licensor Product or Application.

Synthesis Technology means inventions (whether or not patentable), ideas (whether or not protected or protectable under trade secret laws), designs, processes, formulas, algorithms and know-how, technical data, research owned or controlled by Licensor and used by it as of the date of this Agreement, or hereafter during the term of this Agreement, that are necessary or useful to synthesize super-hard materials or make or use Synthesis Product or Application.

Product(s) shall mean any Licensor Products or Synthesis Products.

Licensor Product(s) means any machinery, equipment, process or system (including hardware and software) utilizing all or any portion of the TOR-technology.

Synthesis Products means any machinery, material, equipment, process or system (including hardware and software) utilizing all or any part of the Synthesis Technology.  

Licensor owns certain technology relating to materials grinding, separation and synthesis with related commercial processes and applications for various materials and is successor-in-interest to certain Proprietary Information, Proprietary Rights, Technology and Trademarks of Scientific Research Institute of Technological Progress, Limited, a limited company organized under the laws of Cyprus.

Proprietary Rights shall mean patent rights, know-how, copyrights, mask work rights, trade secret rights and all other intellectual and industrial property rights of any sort including, without limitation, all new or useful art, combinations, formulae, manufacturing techniques, technical developments, applications, data, and research results pertaining to the Technology, Products or Applications.

The 'TOR-technology' equipment is best described as a cascaded adiabatic resonance vortex mill utilizing compressed air as the energy in the system. This proprietary technology includes the ability to size and classify material processed by elemental composition and specific gravity.

Field of Use

This agreement pertains to the mining industry relating to the technology for processing of mineral raw materials and technogenic accumulations.

Mining industry and mineral processing, including: methods of disintegration of mineral raw materials, methods and technologies of further enrichment of rocks, minerals and processing of technogenic accumulations under the code name 'TOR-technology'; exploitation of specialized mineral processing 'Tornado' utility models and the subsequent recipience of the products by the disintegration of mineral raw materials, mechanical activation, mechanochemical activation and mechanosynthesis to receive a large range of finished products, blends, composites and solutions; commercialization of licensor's technological solutions and projects in the mining industry and in the processing of mineral raw materials and technogenic accumulations to wit methods, techniques and technologies of disintegration of materials, minerals and rocks, mining; industrial waste with subsequent enrichment and/or with the recipience of the product; methods and technologies of mechanical activation, mechanochemical activation, and; mechanosynthesis of mineral raw materials, obtaining materials with new properties and new; materials, composites, mixtures, solutions; methods and technologies of deep processing and decontamination of contaminated materials, waste, and water reclamation; methods and technologies of restoration of the fertility of the land, obtaining new classes of mineral and biomineral fertilizers and mixtures and mineral protection of soil and plants; all or some know-how's, trademarks, design development and technical knowledge.

License Grant

The Swiss Licensor grants to the Licensee a general, exclusive, unlimited, irrevocable and perpetual License for the Licensors ACS, automated control system, including software for installation, referred to as TORNADO.

The Licensor transfers to the Licensee the necessary, and sufficient to use the TOR technology and the utility model Tornado,  documentation, provides technical assistance, supervision and, if necessary, the supply of samples and materials, as well as special equipment and produces all the Technical requirements for design and general contracting works for the production of the useful models, units (lines), TORNADO, their certification, for later commercial use.

The Licensee shall specify in the relevant promotional material and in the production of  – product under the license –  as well as in the special products manufactured at the enterprises, that the products are manufactured under the license obtained from the Licensor.

License Property

The Licensor is the holder and manager of technology, know-how, patents(s), as well as future patents and know-how, united under the common understanding of TOR technology, as well as documentation, development and production of unique installations for resonant gas-dynamic grinding Materials of various types, united under the common understanding of TORNADO, for the technologies of disintegration of substances, their mechanical, mechano-chemical activation and mechano-synthesis, subsequent enrichment and / or production of dispersed materials, composites and mixtures.

This technology is
–  methods of disintegration of mineral raw materials, methods and technologies of further enrichment of rocks minerals and processing of technogenic accumulations under the code name TOR technology;
–  exploitation of specialized mineral processing Tornado utility models and the subsequent recipience of the products by the disintegration of mineral raw materials, mechanical activation, mechano-chemical activation and mechano-synthesis to receive a large range of finished products, blends, composites and solutions;
–  commercialization of Licensors technological solutions and projects in the mining industry and in the processing of mineral raw materials and technogenic accumulations; and,
–  all or some know-how’s, trademarks, design development and Technical knowledge.  The use of a brand TORtecâ is permitted.

The TOR-technology equipment is best described as a cascaded adiabatic resonance vortex mill utilizing compressed air as the energy in the system.  This proprietary technology includes the ability to size and classify material processed by elemental composition and specific gravity.  In some cases, the quality and composition of the materials and liquids processed are new.

Field of Use

The field of use is the mining of raw mineral materials industry.  This TOR-technology has the potential to influence the efficiency and quality of the micro-pulverization industry for re-mineralizing soil, conserve energy, cleanup and extract value from mining waste piles and to create new bio-products and metal-ceramic composites.

License Grant

The parties to this agreement are currently  involved in numerous disagreements. The Licensor agrees to transfer to the Licensees any ownership or licensing  interest  it has of any kind whatsoever in that certain mining process for extraction of precious metals, generally referred to as the Swisher-Br Process, and both parties will dismiss all lawsuits.

License Property

Swisher-Br Process – a precious metals extraction process.

The Swisher-Br Process is a bromine based leaching process for recovering gold locked in sulfide minerals. The use of bromine as a leaching agent, rather than the traditional cyanide, expedites the natural oxidation process liberating any metals encapsulated by the sulfides. The resultant pregnant solution is then exposed to various resins to selectively remove each type of metal from the pregnant solution. The use of the resins is required as bromine, unlike cyanide, is not gold selective.

Field of Use

The agreement relates to mining operations.

License Grant

The Licensee holds under license, a process for the recovery of precious metals from coal ash and other materials from an Undisclosed Licensor. The Licensee has developed and demonstrated the Technology at its Scottsdale Facility. Royalties shall be paid to the Licensor on the sale of gold produced using the technology.
The Creditor and the Licensee have developed a joint venture. The Licensee shall grant the Joint Venture licensed authority to use the Technology via the Licensee's license consistent with the terms of this Agreement.

License Property

Scottsdale Operations means the development and operations of a processing plant at the Scottsdale Facility for the extraction of precious metals from fly and bottom ash using the Technology.

License Grant

Licensee would like to take licenses from Canadian Licensor, and Licensor desires to grant Licensee licenses, of Licensor's intellectual  property to evaluate, develop, and commercialize the AHPP, all in accordance with and subject to the terms and conditions set forth herein.

As of the Effective Date and subject to the terms and conditions of this Agreement, Licensor hereby grants to Licensee an exclusive license,  with a right to grant sublicenses to third parties (provided that no such sublicense shall be further sublicensable), under Licensor's Intellectual Property rights, to make and have made Licensed Products derived from Oil Sands Resources located in Alberta (Alberta Licensed Products), and to use, sell, offer for sale, and distribute worldwide Alberta Licensed Products (License #1).  License #1 is exclusive with respect to Oil Sands Resources located in Alberta only and Licensee shall have no right pursuant to License #1 to make, use or sell Licensed Products derived from materials of any kind located outside of Alberta.  Moreover, License #1 shall not be deemed to restrict in any way Licensor's right to fully exploit or license its Intellectual Property rights with respect to any products not considered to be Alberta Licensed Products, subject however to the provisions of this agreement.

License Property

Licensee would like to develop business opportunities by capitalizing on the concentrations of titanium and zirconium in certain heavy mineral deposits.

Licensor has a proprietary  process that extracts Ti values from ilmenite ore to produce pigment grade TiO2 and currently possesses certain hydrometallurgical, mineral processing, mineralogical, and analytical capabilities required to optimise heavy mineral recoveries from a variety of mineral resources and to recover titanium and other metals from heavy mineral concentrates.

AHPP or Licensor Hydrochloric Pigment Process means the proprietary process that extracts Ti values from ilmenite ore to produce pigment grade and other high quality TiO2.  Various
portions of the AHPP are disclosed in the Licensed Patent Rights.

Licensed Patent Rights shall mean the U.S. patents and patent applications and the international patent applications  identified in Exhibit B, any Improvements thereto and any  divisions, continuations or continuations-in-part  thereof, any international or foreign patent applications  corresponding thereto and any U.S. or foreign  patents or the equivalent  thereof  issuing thereon or any reissue or extension thereof.

Licensor Patents and Patent Applications
Issued Patents:

US Patent  6,375,923,  titled Processing Titaniferous Ore to Titanium Dioxide Pigment, which was filed on February 7, 2000.

International  publication number WO 01/00531, Processing Titaniferous Ore to Titanium Dioxide Pigment.

PCT application filing date: June 14, 2000.

PCT application publication date: Jan 4, 2001.

U.S. Patent 6,548,039, titled Processing Aqueous Titanium Solutions to Titanium Dioxide Pigment, which was filed on February 14, 2000.

Field of Use

Licensee is interested in evaluating and licensing the AHPP for the purpose of applying it to heavy minerals contained in oil sands, tar sands and other heavy oil and mineral deposits.

Licensor would like to provide certain technical services to Licensee for the evaluation, and possibly the development and  commercialization of, the AHPP.

License Grant

The parties entered an exclusive commercial patent license agreement to utilize the Membrane Assisted Solvent Extraction for MSX Technology, which results in the recovery and separation of Neodymium, Dysprosium and Praseodymium from electronic E-waste. The Company was also granted a non-exclusive commercial patent license agreement for use of MSX Technology for mining Neodymium, Dysprosium and Praseodymium.

Field of Use

The agreement pertains to the mining industry.

License Grant

Licensor hereby grants and Licensee accepts, during the Term and subject to the terms and conditions of this License Agreement:

(a) an exclusive license to use the Technology and Know-How in the Territory and within the Fields of Use, as described in this Agreement by this reference; and
(b) an exclusive license of Licensor’s Technology in the Territory to make, use, sell, offer to sell any the Licensed Products and to practice any of the Licensed Processes in the Fields of Use.

License Property

Intellectual Property means all Patent Rights and all trademarks, logos, slogans, trade secrets and service marks pertaining to or used by the Licensor in connection with the description, commercialization or exploitation of the Technology, including the trademark AuraMetalTM.

Technology shall mean the AuraMetalTM Licensed Process utilizing the Licensor's shock wave grinding and separation technologies developed, and to be developed, derived from and/or modified, and as may be applied to the separation of Precious Metals from their ores. Use of Technology shall also include use of all trademarks associated therewith, subject to Licensor's review and consent, which consent shall not be unreasonably withheld.

Precious Metals shall mean gold, silver and any of the platinum group metals (including iridium, osmium, palladium, platinum, rhodium and ruthenium), whether in the form of ore, concentrate, alloy, doré or other refined form.

Field of Use

Field of Use: Use of the Technology in connection with processing Precious Metals.

License Grant

The Canadian Licensor agrees to provide the Canadian Licensee with the technology to recover gold from contaminated refractory tailings.  For the period of this Agreement, Licensor agrees not to provide a licence or any of the technology provided under the license to any other party for the purposes of the Project .

License Property

The proprietary gold recovery technology includes but is not limited to all the proprietary knowledge, information, methodology, specifications, engineering requirements and design parameters and operational practices necessary to achieve a minimum recovery of 90%.

This proprietary bacterial oxidation technology liberates precious and base metals from difficult-to-treat sulphide ores and concentrates.  This is a safe and environmentally-friendly process that has the advantage of improving metal recovery at significantly lower capital and operating costs when compared with traditional treatment methods of smelting, roasting and pressure oxidation.

Field of Use

The technology relates to recover gold from contaminated refractory tailings.

The license is limited to the Project which is defined as the Regional Municipality of Snow Lake in the Province of Manitoba.

License Grant

Licensee would like to take licenses from Canadian Licensor, and Licensor desires to grant Licensee licenses, of Licensor's intellectual property to evaluate, develop, and commercialize the AHPP, all in accordance with and subject to the terms and conditions set forth herein.

License Property

Licensor would like to provide certain technical services to Licensee for the evaluation, and possibly the development and commercialization of, the AHPP.

AHPP or Licensor Hydrochloric Pigment Process means the  proprietary process that extracts Ti values from ilmenite ore to produce pigment grade and other high quality TiO2.  Various portions of the AHPP are disclosed in the Licensed Patent Rights.

Subject to the terms and conditions of this Agreement and provided that Licensee elects to commence Phase II within ninety days of the completion of Phase I, Licensor shall grant to Licensee,  upon the commencement of Phase II an exclusive license, with a right to grant sublicenses to third parties (provided that no such sublicense shall be further sublicensable),  under Licensor's Intellectual Property rights, to make and have made Licensed Products derived from any worldwide Oil Sands Resources (Other Licensed Products), and to use, offer for sale, sell, or otherwise  distribute Other Licensed Products worldwide  (License #3). License #3 is exclusive with respect to Oil Sands Resources only and Licensee shall have no right pursuant to License #3 to make, use or sell Licensed Products derived from any other materials.  Moreover, License #3 shall not be deemed to restrict in any way Licensor's right to fully exploit or license its Intellectual Property rights with respect to any products  not considered to be Other Licensed Products.

Licensed Patent Rights shall mean the U.S. patents and patent applications and the international patent applications identified in Exhibit B, any Improvements thereto and any  divisions, continuations or continuations-in-part  thereof, any international or foreign patent applications corresponding thereto and any U.S. or foreign patents or the equivalent thereof  issuing thereon or any reissue or extension thereof.

Licensor Patents and Patent Applications
Issued Patents:

US Patent  6,375,923,  titled  Processing Titaniferous Ore to Titanium Dioxide Pigment, which was filed on February 7, 2000.

International  publication number WO 01/00531, Processing Titaniferous Ore to Titanium Dioxide Pigment.

PCT application filing date: June 14, 2000.

PCT application publication date: Jan 4, 2001.

U.S. Patent 6,548,039, titled Processing Aqueous Titanium Solutions to Titanium Dioxide Pigment, which was filed on February 14, 2000.

International publication number WO  01/00530 Processing Aqueous Titanium Solutions to Titanium Dioxide Pigment.

PCT application  filing date: June 14, 2000.

PCT application publication date: Jan 4, 2001.

Field of Use

Licensee is interested in evaluating and licensing the AHPP for the purpose of applying it to heavy minerals contained in oil sands, tar sands and other heavy oil and mineral deposits.

Licensee would like to develop business opportunities by capitalizing on the concentrations of titanium and zirconium in certain heavy mineral deposits.

Licensor has a proprietary  process that extracts Ti values from ilmenite ore to produce pigment grade TiO2 and currently possesses certain hydrometallurgical, mineral processing, mineralogical, and analytical capabilities required to optimise  heavy mineral recoveries from a variety of mineral resources  and to recover titanium and other metals from heavy mineral concentrates.

License Grant

This transaction is a sublicense agreement where it appears the original licensor is the inventor who licensed to a LLC of which he is CEO.  Now the LLC is out licensing the technology.  The Sub-Licensor grants to Sub-Licensee the right to use the mineral processing technology called Oretech currently held as a trade secret.

License Property

The license is to commercialize a new, standard setting ore and materials processing and environmental remediation technology, utilizing a proprietary high temperature technique for extraction of precious and strategic metals from various ore tailings, dump piles and other industrial feedstock sources.

Field of Use

The rights granted apply to mineral processing.

License Grant

The Company and Licensor executed a non-exclusive technology license that allows the Company to use the Licensor commercially proven and proprietary N2TEC Flotation Technology to process sulfide gold mineralization at Tonkin Springs.

License Property

Licensor and/or its parent Licensor Mining Corporation has patents and know-how concerning certain inert gas flotation technology (the N2TEC Flotation Technology) that has application to flotation of certain refractory sulfide gold ores, and Licensor is interested in licensing others to operate within the scope of these patent rights and/or to use the know-how.

Field of Use

The rights granted apply for use to process refractory sulfide gold ore.

License Grant

Licensee would like to take licenses from Canadian Licensor, and Licensor desires to grant Licensee licenses, of Licensor's intellectual  property to evaluate, develop, and commercialize the AHPP, all in accordance with and subject to the terms and conditions set forth herein.

License Property

Licensor has a proprietary  process that extracts Ti values from ilmenite ore to produce pigment grade TiO2 and currently possesses certain hydrometallurgical, mineral processing, mineralogical, and analytical capabilities required to optimise heavy mineral recoveries from a variety of mineral resources  and to recover titanium and other metals from heavy mineral concentrates.

Licensor would like to provide certain technical services to Licensee for the evaluation, and possibly the development and  commercialization of, the AHPP.

AHPP or Licensor Hydrochloric Pigment Process means the proprietary process that extracts Ti values from ilmenite ore to produce pigment grade and other high quality  TiO2.  Various portions of the AHPP are disclosed in the Licensed Patent Rights.

Subject to the terms and conditions of this Agreement and provided that Licensee elects to commence Phase II within ninety days of the completion of Phase I, Licensor shall grant to Licensee, upon the commencement of Phase II an exclusive  license, with a right to grant sublicenses to third parties  (provided  that no such sublicense shall be further sublicensable), under Licensor's Intellectual Property rights, to make and have made Licensed Products from Oil Sands Resources, Primary Ore Resources or any other titanium resource located in Canada and in Minnesota (Canada and Minnesota Licensed Products), and to use, offer for sale, sell, or otherwise distribute Canada and Minnesota Licensed Products worldwide (License #2).  License #2 is exclusive with respect to Oil Sands Resources, Primary Ore Resources and other titanium  resources located in Canada and Minnesota only and Licensee shall have no right pursuant to License #2 to make, use or sell Licensed Products derived from resources located outside of Canada and Minnesota. Moreover, License #2 shall not be deemed to restrict in any way Licensor's right to fully exploit or license its Intellectual Property rights with respect to any products not considered to be Canada and Minnesota Licensed Products (subject however to the provisions of this Agreement).

Licensed Patent Rights shall mean the U.S. patents and patent applications and the international patent applications  identified in Exhibit B, any Improvements thereto and any  divisions, continuations or continuations-in-part  thereof, any international or foreign patent applications  corresponding thereto and any U.S. or foreign patents or the equivalent thereof  issuing thereon or any reissue or extension thereof.

Licensor Patents and Patent Applications
Issued Patents:

US Patent  6,375,923,  titled Processing Titaniferous Ore to Titanium Dioxide Pigment, which was filed on February 7, 2000.

International  publication number WO 01/00531, Processing Titaniferous Ore to Titanium Dioxide Pigment.

PCT application filing date: June 14, 2000.

PCT application publication date: Jan 4, 2001.

U.S. Patent 6,548,039, titled Processing Aqueous Titanium Solutions to Titanium Dioxide Pigment, which was filed on February 14, 2000.

International  publication  number  WO  01/00530 Processing  Aqueous Titanium Solutions to Titanium Dioxide Pigment.

PCT application  filing date: June 14, 2000.

PCT application publication date: Jan 4, 2001.

Field of Use

Licensee would like to develop business opportunities by capitalizing on the concentrations of titanium and zirconium in certain heavy mineral deposits.

Licensee is interested in evaluating and licensing the AHPP for the purpose of applying it to heavy minerals  contained in oil sands, tar sands and other heavy oil and mineral deposits.

License Grant

Licensor granted an exclusive License in specified fields for its proprietary process for extracting titanium values from ore to produce TiO2 and converting ore into titanium containing materials, and associated patents, on the terms and conditions set forth to the Licensee.

License Property

Licensor owns proprietary processes for the extraction of Ti values from ilmenite ore to produce pigment grade TiO2 and other titanium-containing materials.

Field of Use

The Licensee has been formed to evaluate, design, construct, commission, and operate a venture intended to develop the commercial application of recovering and processing concentrates into white titanium dioxide pigment and certain other titanium containing materials, using the proprietary processes and patents of Licensor and the general process and engineering expertise of Sherwin Williams.

License Grant

Licensee was granted a perpetual license to use a method of precious metal extraction.

License Property

This is a proven method of precious metal extraction that yields approximately 99% pure platinum metal from mineralized water.  The rights to the patent, when filed and granted, will be assigned to licensee.

License Grant

DDS hereby grants to the Corporation, solely during the Term and solely in the Authorized Territory, an exclusive, non-transferable, royalty-bearing license (without the right to grant sublicenses), to use the Trade Secrets solely for the Authorized Purpose.  DDS hereby grants to the Corporation, solely during the Term and solely in the Authorized Territory, an exclusive, non-transferable, royalty-bearing license (without the right to grant sublicenses), to use the Patents, and practice any claims thereof, solely for the Authorized Purpose.

License Property

DDS is the owner of certain rights with respect to dry disaggregation technology products.  The Corporation wished to assist DDS in the marketing of such products and also to obtain a license with respect to such DDS technology for the purposes of processing and extraction of materials from agricultural commodities, including but not limited to, corn and cellulosic biomass, in all cases within the United States of America.  DDS wished to obtain such assistance and also to grant such a license on the terms and conditions.

Trade Secrets:  Canadian Pat. Appl. No. 2,486,941 & Mexican Pat. Appl. No. PA/a/2004/011713.

Authorized Purpose shall mean the operation of Machines solely to produce Ethanol Feed Stock and Byproducts from agricultural commodities, including but not limited to, corn and cellulosic biomass, in the Authorized Territory.  Authorized Territory shall mean the United States of America and its possessions.  Byproducts shall mean any substance products directly or indirectly by use of the Machines which is not Ethanol Feed Stock, and shall include without limitation cattle feed, fibrous materials and Xylitol.  Ethanol shall mean and ethyl or other alcohol produced directly or indirectly from Ethanol Feed Stock.  

Patents shall mean patents, utility models and applications therefor, including any and all divisionals, continuations, re-examinations, renewals, provisional, continuations-in-part, or re-issues owned by DDS (including without limitation U.S. Pat. No. 6,848,582), and which are in existence as of the Effective Date, or which come into existence at any time thereafter and embody any Trade Secrets.

United States patent with claims relates to a micrometric separator for the classification of mixtures of solid particulate materials and related dry disaggregation technologies.

Field of Use

Our License is limited to the production of ethanol feedstock and byproducts within the United States but the Agreement provides that we may sell ethanol and byproducts produced through the practice of the Licensed technologies worldwide.

License Grant

Licensor of British Isles hereby grants to Licensee of South Korea an exclusive royalty-bearing, non-transferable license under the Licensed Technical Information to make, offer to sell, and export Licensed Products in the Field of Use and subject to the Field of Use Restrictions. This license shall not include the right to grant sublicenses.

License Property

Licensor is engaged in the business of developing, manufacturing, and marketing products made from Amorphous Alloys (as defined herein).  Licensor has certain patents, trade secrets, know how and technical information pertaining to the composition, processing, properties, and applications of Amorphous Alloys.  Licensee desires to license from Licensor certain patents, trade secrets, know how and technical information for the limited purpose of producing certain licensed products within a specified field of use, subject to the terms and conditions of this Agreement.

Amorphous Alloy means any one or more amorphous or semi-amorphous alloys (i.e., metal-based alloys having a noncrystalline atomic structure in whole or in part) or bulk metallic glasses (or composite materials containing amorphous alloys or bulk metallic glasses).

The term Amorphous Alloy includes, but is not limited to, any and all alloys that now or in the future are proprietary to Licensor, including by in-licensing, or marketed or sold under the Liquidmetal® brand (collectively, Liquidmental Alloys or Liquidmetal® Alloys).

Trademark shall mean the Liquidmetal® mark.

The Licensor entered into a transaction with the Licensee, a South Korean corporation, under which the Licensee agreed to purchase from the Licensor various equipment (including die casting machines and vacuum induction melters) used in the bulk amorphous alloy business segment and the Licensor granted a 10-year exclusive License to manufacture products made from bulk Liquidmetal alloys for customers whose principal headquarters or whose major operations are located in South Korea.  The Licensor is a materials technology company that develops and commercializes products made from amorphous alloys. Their Liquidmetal® family of alloys consists of a variety of proprietary coatings, powders, bulk alloys, and composites that utilize the advantages offered by amorphous alloy technology.  

5,288,344

08/044,814

Be Containing Alloys (Compositon)
5,368,659

08/198,873

Be Containing Alloys (Method)
5 482 580

08/258,766

Joining Using Bulk Alloys

5 567 251

08/417,749

Composites of Bulk Alloy (Method)
5 711 363

08/602,899

Die-Casting of Bulk Alloys

5 797 443

08/720,483

Casting of Zr-base Bulk Alloys

5 866 254

08/732,546

Composites of Bulk Alloy (Article)
5 896 642

08/683,319

Die-Forming (Molding) of Bulk Alloys
5 950 704

08/683,320

Replication with Bulk Alloys

6,021,840

09/012,347

Vacuum Die-Casting

Field of Use

Field of Use shall mean the sale of Licensed Products to companies whose principal headquarters are located in Korea or whose major operations are located in the Republic of Korea.