All American Energy Corp. (OTCPK:CORX) entered into a definitive agreement to acquire Quadra Lithium Claims of Contigo Resources Ltd. for $0.29 million on December 17, 2017. All American Energy agreed to issue a total of 0.7 million restricted shares of common stock to Contigo Resources and its affiliate within sixty days following the effective date of the agreement, pay $0.02 million to Contigo Resources within one hundred twenty days following the effective date of the agreement, and grant a 2% net smelter returns royalty to Contigo Resources on the Quadra Lithium Claims and on any claims or property Core Lithium comes to own within two kilometers of the limits of the Quadra Lithium Claims. The agreement provides further that All American Energy may purchase 1% of the net smelter returns upon payment of $0.75 million to Contigo Resources. All American Energy Corp. (OTCPK:CORX) completed the acquisition of Quadra Lithium Claims of Contigo Resources Ltd. on December 17, 2017.