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Newmarket Gold Inc.
Reactivation Transaction and Financing

We acted as counsel to Newmarket Gold Inc. (“Newmarket”) in connection with the completion of its reactivation and change of business transaction consisting of the acquisition a 100% interest in the Point Leamington property in Newfoundland, Canada. Concurrently with the closing of the transaction, Newmarket completed a private placement for gross proceeds of $3,500,000. Newmarket is a Canadian gold company listed on the TSX Venture Exchange under the symbol “NGN”.