OPTION AGREEMENT FOR 20% INTEREST OF INNER MONGOLIA MINERAL CLAIMSOption Agreement • April 15th, 2008 • Newport Gold, Inc. • Gold and silver ores
Gloria Meyers; Richard Frigault; Nina Petersen; Melissa Monaghan; Norma Potashnyz; John Evans; Angelo Froudakis; Jim Cooper; Keith Howell
OPTION AGREEMENT FOR ADDITIONAL 30% INTEREST OF INNER MONGOLIA MINERAL CLAIMSOption Agreement • April 15th, 2008 • Newport Gold, Inc. • Gold and silver ores
Gloria Meyers; Richard Frigault; Ninna Petersen; Melissa Monaghan; Norma potashnyz; John Evans; Angelo Froudakis; Jim Cooper; Keith Howell
AGREEMENT TO ACQUIRE 50% INTEREST OF HA MAC PROPERTY NEAR VERNON BCNewport Gold, Inc. • April 15th, 2008 • Gold and silver ores
Newport Gold Inc. will pay to TMBW 1.8 million Reg S Shares for a 50 % interest in TMBW's 100% owned 331.771 Ha Mac Property, situated near Vernon BC. and agree to undertake all TMBW's obligations to the original vendors including cash payments royalties, work commitments and stock issuances (NWPG stock) as per the underlying agreement between the original vendors and TMBW. A letter of intent between TMBW and the original vendors was signed Aug, 23, 2006. Newport Gold Inc. also has a first right of refusal on the remaining 50 % interest. Please refer to the underlying agreement for specific details of the foregoing.
EXTENSION AGREEMENT TO COMPLETE REQUIRED EXPENDITURES ON INNER MONGOLIA MINERAL CLAIMSNewport Gold, Inc. • April 15th, 2008 • Gold and silver ores
In consideration for granting an extension to February 1, 2009 to spend the required $500,000 USD of exploration monies on the above stated property Newport Gold Inc. agrees to provide Noront with 100,000 shares of Newport Gold Inc. (Reg S stipulation). All other terms and conditions of the agreement shall remain the same and time shall remain of the essence.
