0001200952-07-000147 Sample Contracts

FIRSTGOLD, INC. (F/K/A NEWGOLD, INC.) Secured Convertible Debenture Due: March 15, 2010

Secured Convertible Debenture • March 22nd, 2007 • Firstgold Corp. • Gold and silver ores

• Contract Type
  Secured Convertible Debenture
• Filed
  March 22nd, 2007
• Company
  Firstgold Corp.
• Industry
  Gold and silver ores

This Secured Convertible Debenture (the “Debenture”) is issued by FIRSTGOLD, INC. (F/K/A NEWGOLD, INC.), a Delaware corporation (the “Company”), to CORNELL CAPITAL PARTNERS, LP (the “Holder”), pursuant to that certain Securities Purchase Agreement (the “Securities Purchase Agreement”) dated September 26, 2006.