Managing Member Tim Eriksen

Eriksen Capital Management, LLC

Monument Mining Limited Board of Directors & Corporate Secretary 688 West Hastings Street - Suite 910 Vancouver B.C. Canada V6B 1P1 October 4, 2012 Reference: CCP-12-012 Proposal Pursuant to Sec. 137 of the CBCA Dear Board and Secretary: According to your recently filed annual report, Monument has re-filed its application with the TSX for the proposed Private Placement with Tulum. I have previously spoken with, and written to, CEO Bob Baldock and laid out the basic reasons why this PP is clearly not in the best interests of shareholders. Despite my best efforts, the Board is apparently insistent on pursuing this value destroying action. As a shareholder, we are left with no alternative other than to exercise our rights under the Canada Business Corporations Act (CBCA). Therefore, pursuant to Section 137 of the CBCA, Cedar Creek Partners, the beneficial owner of 551,500 shares of Monument Mining, hereby submits the following proposal for consideration at the next annual meeting and inclusion in the management proxy circular for such meeting: The authorization approved on December 30, 2011 to complete a private placement with Tulum Corporation Ltd., which would result in Tulum becoming a new Control Person is rescinded effective immediately. Supporting Statement to be included in the Management Proxy Circular: In December 2011 shareholders were presented with the option to approve the Private Placement and the acquisition of Mengapur. The Private Placement was presented as the only way to raise the necessary funds in a short period of time. Without those funds, we were told, the acquisition could not take place. In other words, the acquisition of Mengapur and the private placement were completed linked. Shareholders had to approve both. As it turns out, Monument was able to complete the acquisition without first raising funds, thus we as shareholders were either misled by management, or circumstances changed. Regardless of the reason, the time constraint, which was the primary reason for the private placement, is no longer present; therefore, the private placement is no longer needed.

We believe that existing cash plus the projected cash flows from the Selinsing mine will be sufficient to finance the development of Mengapur in a reasonable period of time. If management believes that it is necessary to raise funds to develop Mengapur, we believe the best course of action is to either commence a secondary offering once the share price closely reflects the intrinsic value of the company, or pursue a rights offering with existing shareholders. Information Required Pursuant to Section 137 (1.2) Name and Address of the Submitter: Cedar Creek Partners LLC 567 Wildrose Circle Lynden, WA 98264 Number of Shares Owned and Date(s) Acquired: Date 5/17/2011 5/18/2011 6/1/2011 6/20/2011 10/7/2011 10/11/2011 12/9/2011 12/14/2011 12/19/2011 1/12/2012 2/16/2012 3/14/2012 7/23/2012 Total Shares 84,500 40,500 40,000 15,000 15,000 100,000 25,000 50,000 30,000 25,000 50,000 27,000 49,500 551,500

We will be notifying the TSX that we have submitted this proposal and ask that they delay any approval of the private placement until the matter is voted on by all shareholders. If you would like to discuss the issue further, I would be more than happy to do so. I can be reached at 360-3933019. Sincerely,

Tim Eriksen Managing Member Cedar Creek Partners