FIRSTGOLD CORP. SUBSCRIPTION AGREEMENT FOR UNITS (For British Columbia, Alberta, Ontario and Offshore Subscribers)Subscription Agreement • November 7th, 2007 • Firstgold Corp. • Gold and silver ores • Ontario
The undersigned (the “Subscriber”) hereby irrevocably subscribes for and agrees to purchase from the Corporation that number of units of the Corporation (each, a “Unit”) set out below at a price of US$0.45 per Unit. Each Unit consists of one common share in the capital of the Corporation (each, a “Common Share”) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share (each, a “Warrant Share”) at a price of US$0.65 per Warrant Share (the “Exercise Price”) for a period of 18 months from the Closing Date (as hereinafter defined). The Subscriber agrees to be bound by the terms and conditions set forth in the attached “Terms and Conditions of Subscription for Units” including without limitation the representations, warranties and covenants set forth in the applicable schedules attached thereto. The Subscriber further agrees, without limitation, that the Corporation an
