UNDERWRITING AGREEMENTUnderwriting Agreement • May 24th, 2011 • Midway Gold Corp • Gold and silver ores • British Columbia
Haywood Securities Inc. (the “Underwriter”) understands that Midway Gold Corp., a corporation organized and existing under the laws of British Columbia (the “Company”), intends to issue and sell an aggregate of 7,500,000 common shares in the capital of the Company (the “Shares”). In connection with the offering of the Shares (the "Offering"), the Underwriter hereby offers to purchase from the Company all, but not less than all, of the Shares on a “bought deal” basis, at the purchase price of US$1.60 per Share for aggregate gross proceeds of US$12,000,000.
