Peak Mines Ltd., 0786244 B.C. Limited & New Gold Inc. c/o New Gold Inc. Suite 3110 Vancouver, British Columbia V6C 2X8 CANADA Dear Sirs Variation: Agreement for the purchase and sale of quotasAgreement for the Purchase and Sale of Quotas • April 16th, 2010 • New Gold Inc. /FI • Metal mining
This letter agreement is entered into by each of the parties to the agreement for the purchase and sale of quotas between Beadell Resources Limited, Beadell (Brazil) Pty Ltd., Beadell (Brazil 2) Pty Ltd., Peak Mines Ltd. , 0786244 B.C. Limited and New Gold Inc. dated 27 January 2010 (Sale Agreement).
