Contract
Exhibit 4.157
▇▇▇▇▇▇
AMENDMENT AGREEMENT
This
Amendment Agreement dated for reference the 14th day
of January 2009
BETWEEN:
▇▇▇▇▇
▇▇▇▇▇▇▇ (as
to 50%)
▇.▇. ▇▇▇
▇▇▇▇
▇▇▇▇▇
▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇
Telephone:
(▇▇▇) ▇▇▇-▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇ (as
to 50%)
▇▇ ▇▇▇▇▇▇
▇▇▇▇▇, ▇.▇. ▇▇▇ ▇▇
▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇
Telephone:
(▇▇▇) ▇▇▇ ▇▇▇▇
(hereinafter
referred to collectively as the "Optionors")
OF THE
FIRST PART
AND:
▇▇▇▇▇▇
GOLD CORP.
#▇▇▇ - ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇
▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇,
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇
(hereinafter
referred to as the "Optionee")
OF THE
SECOND PART
WHEREAS ▇▇▇▇▇▇ and the
Optionors entered into an option agreement dated for reference the 16th day
of October 2007 (the “▇▇▇▇▇▇ Agreement”) and the parties wish to amend the
▇▇▇▇▇▇ Agreement.
NOW THEREFORE in consideration
of the premises and the mutual covenants and agreements herein contained, the
parties agree as follows:
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1.
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Sections
3 and 4 to the ▇▇▇▇▇▇ Agreement be deleted in their entirety and replaced
with Sections 3 and 4 as written
below:
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“3.
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TERMS
OF THE OPTION
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In order
to maintain the Option in good standing and earn a 100% right, title and
undivided interest in and to the Property, the Optionee, subject to paragraph 2,
shall:
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(a)
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pay
to the Optionors $18,000 upon receipt of regulatory approval
(paid);
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(b)
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pay
to the Optionors a further $10,000 on or before January 23,
2009;
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(c)
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pay
to the Optionors a further $30,000 on or before January 11,
2010;
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(d)
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issue
to the Optionors 100,000 common shares of the Optionee upon receipt of
regulatory approval (issued);
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(e)
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issue
to the Optionors a further 100,000 common shares of the Optionee on or
before January 23, 2009; and
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(f)
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issue
to the Optionors a further 100,000 common shares of the Optionee on or
before January 11, 2010.
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4. EXERCISE
OF THE OPTION
If the
Optionee has paid $58,000 and issued 300,000 common shares to the Optionors, the
Optionee shall be deemed to have exercised the Option and will have acquired an
undivided 100% right, title and interest in and to the Property, subject only to
the Royalty Interest reserved to the Optionors.”
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2.
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In
all other respects the terms of the ▇▇▇▇▇▇ Agreement remain as
written.
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3.
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Time
shall be of the essence of this Amendment
Agreement.
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4.
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The
parties hereto covenant and agree to execute and deliver all such further
documents as may be required to carry out the full intent and meaning of
this Amendment Agreement and to effect the transactions contemplated
hereby.
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5.
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This
Amendment Agreement shall be governed by and interpreted in accordance
with the laws of the Province of
Ontario.
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6.
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This
Amendment Agreement together with the ▇▇▇▇▇▇ Agreement constitute the
entire agreement between the parties and supersedes all previous
understandings, communications, representations and agreements between the
parties with respect to the subject matter of this Amendment
Agreement.
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7.
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This
Amendment Agreement will enure to the benefit of and be binding upon the
parties hereto and their respective successors and permitted
assigns.
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IN WITNESS WHEREOF the parties
hereto have executed these presents as of the day and year first above
written.
▇▇▇▇▇▇ GOLD
CORP.
)
)
)
Per:
/s/ ▇▇▇▇
Campbell_________________ )
▇▇▇▇
▇▇▇▇▇▇▇▇,
Director )
SIGNED
and DELIVERED
by )
▇▇▇▇▇ ▇▇▇▇▇▇▇ in the presence
of:
)
)
/s/ ▇▇▇▇ ▇▇▇▇▇▇▇
)
Witness
Signature )
)
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Name
(printed)
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Address
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SIGNED
and DELIVERED
by
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▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ in the
presence
of:
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)
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
)
Witness
Signature
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Name
(printed)
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Address
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