UNDERWRITING AGREEMENTUnderwriting Agreement • October 6th, 2010 • Brigus Gold Corp. • Gold and silver ores • Ontario
We understand that Brigus Gold Corp. (the “Corporation”) proposes to issue and sell: (i) 30,000,000 units of the Corporation (the “Units”); and (ii) 2,941,177 common shares of the Corporation to be issued as “flow-through shares” (the “Flow-Through Shares”) within the meaning of the Tax Act (as hereinafter defined), upon and subject to the terms and conditions contained herein, and Haywood Securities Inc. (“Haywood”), Cormark Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Jennings Capital Inc., Paradigm Capital Inc. and Brant Securities Limited (collectively, the “Underwriters” and each individually an “Underwriter”) hereby severally offer to purchase from the Corporation in the respective percentages set forth in section 22 hereof, and the Corporation hereby agrees to sell to the Underwriters, on a “bought deal” basis, all but not less than all of the Units at a price of $1.50 per Unit (the “Unit Issue Price”) for gross proceeds of $45,000,000. In addition, Haywood
