Raven Gold Corp (fka RVNG)

[petermic]

CONFIDENTIAL LOAN AGREEMENT

Borrower: Raven Gold Corp. (the “Company”)

Lender Paradisus Investment Corp. (the “Lender”)
7- Magnolia Place
Osoyoos B.C., Canada VOH 1V1

Structure: Loan (“LOAN”)

Date of Agreement: May 17, 2007 (the “Closing Date”)

Effective Date of
Agreement: August 11, 2006 (the “Effective Date”)

Principal: $50,000 USD