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Message: CANCELLATION OF LOAN AGREEMENT AND LETTER OF INTENT

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Euro-Net Investments Ltd.
123 Queen Street West, Suite 306
Toronto, Ontario M5H 3M9
Telephone: 416-544-3442
E-Mail: HYPERLINK "mailto:[email protected]" [email protected]

CANCELLATION OF LOAN AGREEMENT AND LETTER OF INTENT

Between:
Super Metals Mining Inc. (formerly known as Canadian Copper Core Inc.)

And:
Euro-Net Investments Ltd.

Further to the Loan Agreement Extension in effect between the two parties effective October 15, 2010, and due to expire October 15, 2012, the parties have mutually agreed to terminate the Loan Agreement effective March 14, 2012. At point of termination the loan balance outstanding is $1,680,000 and the accumulated monthly management fee payable is $1,007,250.

The parties agree to settle the outstanding loan balance of $1,680,000 above by issuing 1,200,000 shares of Euro-Net Investments Ltd. to Super Metals Mining Inc. or 9.2% of capital going forward. The parties also agree that the outstanding management fee of $1,007,250 will be resolved between Euro-Net Investments Ltd. and Mr. Jack Usman directly, as a separate item.

The parties also agree that the Letter of Intent entered into between them, previously announced April 18, 2011, whereby Super Metals Mining Inc. (formerly Canadian Copper Core Inc.) would merge all its mining assets into Euro-Net Investments Ltd. and effect a business combination, is hereby cancelled effective March 14, 2012. The reason for cancellation provided by Super Metals Mining Inc. was their failure to get all their note holders to agree to convert to shares, thereby falling short of the required 1 to 1 debt/equity ratio required to list the Company.

With the cancellation of both the Loan Agreement Extension and the Letter of Intent to merge the two companies, and the resolution of the outstanding loan balance, Euro-Net Investments Ltd. is free to pursue other merger transactions.

Signed this date March 14, 2012.

For: Super Metals Mining Inc. For: Euro-Net Investments Ltd.
_______________________

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