SEVERANCE AGREEMENTSeverance Agreement • March 11th, 2009 • Western Goldfields Inc. • Gold and silver ores • Ontario
WESTERN GOLDFIELDS (CANADA) INC., a corporation incorporated under the laws of the Province of Ontario (hereinafter called the "Corporation")
May 22, 2009Business Combination Agreement • May 29th, 2009 • Western Goldfields Inc. • Gold and silver ores
This letter sets out our agreement with respect to certain matters in connection with the proposed business combination by way of arrangement pursuant to a business combination agreement dated as of March 3, 2009 between WGI and New Gold (the “Agreement”) and as amended by letter agreement dated April 8, 2009. For good and valuable consideration (for which receipt is hereby acknowledged by both of us), we agree as follows:
BUSINESS COMBINATION AGREEMENT between NEW GOLD INC. - and - WESTERN GOLDFIELDS INC. March 3, 2009Business Combination Agreement • March 10th, 2009 • Western Goldfields Inc. • Gold and silver ores • Ontario
The obligations of New Gold and Western to complete the Arrangement shall be subject to the satisfaction of, among others, the following mutual conditions, which may be waived only with the consent of all of the Parties:
UNDERWRITING AGREEMENTUnderwriting Agreement • March 11th, 2009 • Western Goldfields Inc. • Gold and silver ores • Ontario
April 8, 2009 New Gold Inc. Vancouver, British Columbia V6C 2X8 Dear Sirs:Business Combination Agreement • April 16th, 2009 • Western Goldfields Inc. • Gold and silver ores
This letter sets out our agreement with respect to certain matters in connection with the proposed business combination by way of arrangement pursuant to a business combination agreement dated as of March 3, 2009 between WGI and New Gold (the “Agreement”). For good and valuable consideration (for which receipt is hereby acknowledged by both of us), we agree as follows (and the Agreement, and in the case of section 6 below, the Plan of Arrangement, shall be amended accordingly):
