Purchase of Hru Mineral Exploration Licences

EXHIBIT 10.1


UIC
Uranium International Corp.


April 21, 2009


CONFIDENTIAL


Continental Precious Minerals Inc. 50 Richmond Street East Suite 101 Toronto, Ontario M5C 1N7


Attention: Ed Godin, President


Dear Sirs:


RE: Purchase of HRU Mineral Exploration Licences


We are interested in purchasing the HRU mineral exploration licences in Sweden held by Continental Precious Minerals Inc. The terms and conditions of the purchase are set out in the attached Schedule A to this letter agreement (the "Agreement").


Yours truly,


URANIUM INTERNATIONAL CORP.


Marek J. Kreczmer President & CEO


MK:kb


Encl.


10475 Park Meadows Dr., Ste. 600 Lone Tree, Colorado 80124


Schedule A


Uranium International Corp.


Purchase of HRU Mineral Exploration Licences
held by Continental Precious Minerals Inc.


________________________________________________________________________________


PARTIES AND BACKGROUND: Uranium International Corp.("URNI") is a public company
incorporated under the laws of Nevada trading on the
OTCBB. As of the date hereof, URNI has 54,370,500
common shares issued and outstanding.


Continental Precious Minerals Inc. ("Continental") is a
public company listed on the Toronto Stock Exchange.
Continental holds a number of mineral exploration
licences issued by the appropriate governmental
authorities in the Kingdom of Sweden. Thirteen (13) of
Continental's licences are listed in Exhibit 1 and are
Continental's HRU licences which are the subject of
this Agreement (the "HRU Licences"). The HRU Licences
are subject to royalty interests in favour of the
Kingdom of Sweden and a 5.0% net profits royalty in
favour of Geoforum Scandinavia AB.


URNI and Continental are together sometimes referred to
as the "Parties" and individually as the "Party".


CONTINENTAL REPRESENTATION: Continental hereby represents that the technical report
originally dated July 15, 2005 as revised and restated
on September 20, 2005, entitled "Revised Introductory
Technical Report on Eight Uranium Properties in
Northern Sweden", which appears in Continental's SEDAR
filings, is valid and was prepared by an independent
qualified person, as such term is defined under
National Instrument 43-101. URNI shall be responsible
for its own due diligence with respect to the HRU
Licences in all respects.


PURCHASE PRICE: URNI will purchase the HRU Licences for (a) US $15
million in cash; (b) 6 million common shares of URNI
issued from treasury, which will be subject to a resale
restriction for a period of one year from the date of
issue, and (c) warrants for the purchase of up to 1
million common shares of URNI at an exercise price of
US$1.00 per share exercisable for a period of two years
from the date of issue. The purchase price will be paid
by URNI to Continental as follows:


(a) US$7.5 million will be paid in cash by wire transfer in
immediately available funds at the Closing Time (as
hereinafter defined);


(b) US$7.5 million will be paid in cash in immediately
available funds one year following the Closing Date (as
hereinafter defined) ( the "Second Cash Instalment");
and


(c) Certificates representing 6 million common shares of
URNI and warrants for the purchase of up to 1 million
common shares noted above shall be issued and delivered
at the Closing Time. The warrant certificate shall be
in a form acceptable to both Parties, acting
reasonably.


PRESS RELEASE: Each Party will advise the other, in advance, of any
public statement or press release which it proposes to
make or issue in respect of the transaction
contemplated by this Agreement and provide the other
with an opportunity to comment on the content of such
public statement or press release prior to its
issuance, provided that no Party will be prevented from
making any public statement or issuing any press
release which is required to be made by law or any rule
of any stock exchange on which such Party's shares are
then listed.


CONDITIONS OF CLOSING: The obligation of URNI to consummate the transaction
contemplated by this Agreement shall be subject to the
completion by it of due diligence on the HRU Licences
satisfactory to it. In the event that URNI does not
give written notice prior to 4:00 p.m. (Toronto time)
on August 30, 2009 that it is terminating this
Agreement on the basis that it is not satisfied with
its due diligence, the due diligence condition in
favour of URNI will be deemed to have been satisfied.


Provided that the conditions set forth above have been
satisfied, closing shall take place on August 31, 2009
("Closing Date") at 10:00 a.m. (Toronto time) or such
later time on the Closing Date as the Parties may agree
in writing at the Toronto offices of Continental's
counsel, Fraser Milner Casgrain LLP. At the Closing
Time, the portion of the Purchase Price payable at the
Closing Time shall be paid to Continental.


TRANSFER OF TITLE: Continental will transfer all of its right, title and
interest in the HRU Licences to URNI concurrent with
the receipt by Continental of the Second Cash
Instalment. URNI shall provide to the Inspectorate of
Mines in Sweden with such information respecting URNI
as may be requested b ...