BUSINESS COMBINATION AGREEMENT BY AND BETWEEN CAPITAL GOLD CORPORATION AND NAYARIT GOLD INC. Dated as of February 10, 2010Business Combination Agreement • February 11th, 2010 • Capital Gold Corp • Gold and silver ores • Delaware
This BUSINESS COMBINATION AGREEMENT (this “Agreement“) is made and entered into as of February 10, 2010 by and among Capital Gold Corporation, a corporation organized under the laws of Delaware (“Parent”), Nayarit Gold Inc., (“Nayarit”), a corporation organized under the Ontario Business Corporation Act (“OBCA”), John Brownlie (with respect to Section 4.6 only), Colin Sutherland (with respect to Section 4.6 only) and Bradley Langille (with respect to Section 4.6 only). Parent and Nayarit are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”
