UNDERWRITING AGREEMENTUnderwriting Agreement • February 6th, 2008 • Central Gold-Trust • Gold and silver ores • Ontario
CIBC World Markets Inc. (the "Underwriter"), understands that Central Gold-Trust (the "Trust") proposes to issue and sell to the Underwriter 275,000 units of the Trust ("Units") in the capital of the Trust (the "Underwritten Units"). We further understand that the Trust has prepared and filed a preliminary short form prospectus, a registration statement and all necessary documents relating thereto and will take all additional necessary steps to qualify or register the Underwritten Units for distribution in each of the Qualifying Provinces (as defined below) and in the United States, as applicable.
