<SEC-DOCUMENT>0000783324-20-000040.txt : 20201202
<SEC-HEADER>0000783324-20-000040.hdr.sgml : 20201202
<ACCEPTANCE-DATETIME>20201202172715
ACCESSION NUMBER:		0000783324-20-000040
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		18
CONFORMED PERIOD OF REPORT:	20201126
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20201202
DATE AS OF CHANGE:		20201202

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VISTA GOLD CORP
		CENTRAL INDEX KEY:			0000783324
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09025
		FILM NUMBER:		201364848

	BUSINESS ADDRESS:	
		STREET 1:		7961 SHAFFER PKWY, SUITE 5
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127
		BUSINESS PHONE:		720-981-1185

	MAIL ADDRESS:	
		STREET 1:		7961 SHAFFER PKWY, SUITE 5
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRANGES INC
		DATE OF NAME CHANGE:	19950602

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRANGES EXPLORATION LTD
		DATE OF NAME CHANGE:	19890619
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>vgz-20201126x8k.htm
<DESCRIPTION>8-K
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style="vertical-align:bottom;width:39.07%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;">Name of each exchange on which registered</p></td></tr><tr><td style="vertical-align:top;width:27.19%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA" name="dei:Security12bTitle" id="Tc_2I2eeRZH1EGjB8F31VQO9w_2_0"><span style="font-size:10pt;">Common Shares</span></ix:nonNumeric></p></td><td style="vertical-align:top;width:33.72%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid 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Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter). Emerging growth company </span><ix:nonNumeric contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany" id="Narr_oCQCzlNGj0Wac4MuRw-dWQ"><span style="font-family:'Segoe UI Symbol';font-size:10pt;">&#9744;</span></ix:nonNumeric></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;min-height:12.0pt;text-align:justify;margin:0pt 0pt 5.25pt 0pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. <span style="font-family:'Segoe UI Symbol';">&#9744;</span></p><a id="_1c3982d8_b6aa_49fd_bc63_5e288cb6d7c2"></a></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:72%;border:0;margin:30pt 14.71% 30pt 13.29%;"></div><div style="max-width:100%;padding-left:13.29%;padding-right:14.71%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Item 1.01 Entry into a Material Definitive Agreement</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">On November 26, 2020, Vista Gold Corp. (the &#8220;Company&#8221;) entered into a Deed of Variation (the &#8220;Agreement&#8221;) with the Jawoyn Association Aboriginal Corporation (&#8220;Jawoyn Association&#8221;), and Barnjarn Aboriginal Corporation, to modify the original 2006 agreement between the parties with respect to the Company&#8217;s Mt Todd gold project (&#8220;Mt Todd&#8221; or the &#8220;Project&#8221;). </p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">The Agreement provides the Jawoyn Association with a gross proceeds royalty (&#8220;GPR&#8221;) instead of its previous right to become a 10% participating joint venture partner in Mt Todd and provides the Company with greater flexibility in its decisions to develop and operate Mt Todd. &#160;In addition, Vista and the Jawoyn Association agreed to establish a leaders forum, formalized the Jawoyn Association&#8217;s strong support for Mt Todd and outlined a framework to optimize training, employment, and contracting opportunities for the Jawoyn people and businesses.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Under the terms of the original 2006 agreement, the Jawoyn Association was granted, among other consideration for the use of the surface land required to build and operate Mt Todd, a 1.0% GPR and the right to elect to establish a joint venture with Vista holding a 90% participating interest and the Jawoyn Association holding a 10% participating interest in Mt Todd. &#160;Instead of the right to elect to hold a 10% participating interest, the Agreement provides the Jawoyn Association with an additional GPR ranging between 0.125% and 2.000%, depending on prevailing gold prices and foreign exchange rates. The additional GPR would be 1.0% at present market conditions.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">The above is a summary of the material terms of the Agreement and is qualified in its entirety by the Agreement which filed as Exhibit 10.1 to this report and is hereby incorporated by reference.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Item 7.01&#160;&#160;Regulation FD</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><a id="_Hlk50030459"></a><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">On November 30, 2020, the Registrant issued a press release that announced <span style="color:#292b2c;">that the Company, </span><span style="color:#292b2c;">Jawoyn Association Aboriginal Corporation</span><span style="color:#292b2c;">, and Barnjarn Aboriginal Corporation have entered into a Deed of Variation to modify the original 2006 agreement with respect to the Mt Todd gold project.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">A copy of the press release is attached to this report as Exhibit&#160;99.1. In accordance with General Instruction B.2 of Form&#160;8-K, the information set forth herein and in the press release is deemed to be &#8220;furnished&#8221; and shall not be deemed to be &#8220;filed&#8221; for purposes of the Securities Exchange Act of 1934, as amended and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. The information set forth in Item 7.01 of this report shall not be deemed an admission as to the materiality of any information in this report on Form&#160;8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Item 9.01 &#160;Exhibits</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><span style="color:#000000;font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">10.1</span></span><a style="-sec-extract:exhibit;color:#000000;" href="vgz-20201126ex1016cdce1.htm"><span style="color:#000000;font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">Deed of Variation*</span></a></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><span style="color:#000000;font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">99.1</span></span><a style="-sec-extract:exhibit;color:#000000;" href="vgz-20201126ex991a5d1a8.htm"><span style="color:#000000;font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">Press Release dated November 30, 2020**</span></a></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">* Certain portions of the exhibit that are not material and would be competitively harmful if publicly disclosed have been redacted pursuant to Item 601(b)(10)(iv) of Regulation S-K. Copies of the unredacted exhibit will be furnished to the Commission upon request.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">**The Exhibit relating to Item 7.01 is intended to be furnished to, not filed with, the SEC pursuant to Regulation FD.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:72%;border:0;margin:30pt 14.71% 30pt 13.29%;"></div><div style="max-width:100%;padding-left:13.29%;padding-right:14.71%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><a id="_e8830b66_23bf_47e3_8ebb_fd6e2d08dcfb"></a><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">SIGNATURES</b> </p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;margin:0pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">In accordance with the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. </p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.08%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td><td style="vertical-align:top;width:49.91%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td></tr><tr style="height:37.75pt;"><td style="vertical-align:top;width:50.08%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:49.91%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">VISTA GOLD CORP.<br /></b>(Registrant)</p></td></tr><tr><td style="vertical-align:top;width:50.08%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Dated:&#160; December 2, 2020</p></td><td style="vertical-align:top;width:49.91%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">By: <span style="text-decoration:underline;text-decoration-color:#000000;">/s/ Frederick H. Earnest </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Frederick H. Earnest</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Chief Executive Officer</p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:10pt;font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:10pt;font-weight:bold;visibility:hidden;">&#8203;</span></p></div></div>
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<!--Enhanced HTML document created with Toppan Merrill Bridge  9.7.0.58--><!--Created on: 12/2/2020 10:25:34 PM (UTC)--><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head><meta charset="UTF-8"><title></title></head><body><div style="margin-top:30pt;"></div><div style="max-width:100%;padding-left:27.34%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt 0pt 0pt -108pt;"><b style="font-size:10pt;font-weight:bold;">Exhibit 10.1</b></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:justify;margin:0pt 0pt 0pt -108pt;"><font style="font-size:10pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:justify;margin:0pt 0pt 0pt -108pt;"><font style="font-size:10pt;">CONFIDENTIAL PORTIONS OF THIS DEED OF VARIATION HAVE BEEN OMITTED PURSUANT TO REGULATION S-K ITEM 601(b)(10)(iv) OF THE SECURITIES ACT OF 1933, AS AMENDED. CERTAIN CONFIDENTIAL INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT (i) IS NOT MATERIAL AND (ii) WOULD LIKELY CAUSE COMPETITIVE HARM TO VISTA GOLD CORP. IF PUBLICLY DISCLOSED. THE REDACTED TERMS HAVE BEEN MARKED IN THIS EXHIBIT AT THE APPROPRIATE PLACES WITH BRACKETS [ &#160;], CONTAINING A STATEMENT AS TO THE NATURE AND REASON FOR REDACTION.</font></p></div><div style="clear:both;max-width:100%;position:relative;min-height:54.75pt;"><div style="height:54.75pt;position:absolute;right:0pt;top:0pt;width:198pt;z-index:251658240;"><div style="height:54.75pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:198pt;"><img src="vgz-20201126ex1016cdce1001.jpg" alt="Graphic" style="height:54.75pt;width:198pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="CopyStyles_New"></a><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:18pt;min-height:13.0pt;text-align:right;margin:18pt 0pt 18pt 0pt;"><font style="margin-bottom:30pt;margin-top:120pt;visibility:hidden;">&#8203;</font></p><p style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:18pt;min-height:13.0pt;text-align:right;margin:18pt 0pt 18pt 0pt;">Deed of Variation</p><p style="color:#57584f;font-family:'Arial Bold';font-size:12pt;min-height:13.0pt;text-align:right;margin:12pt 0pt 12pt 0pt;">Jawoyn Association Aboriginal Corporation</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-align:right;margin:12pt 0pt 12pt 0pt;">and</p><p style="color:#57584f;font-family:'Arial Bold';font-size:12pt;min-height:13.0pt;text-align:right;margin:12pt 0pt 12pt 0pt;">Barnjarn Aboriginal Corporation</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-align:right;margin:12pt 0pt 12pt 0pt;">and</p><p style="color:#57584f;font-family:'Arial Bold';font-size:12pt;min-height:13.0pt;text-align:right;margin:12pt 0pt 12pt 0pt;">Vista Gold Australia Pty Ltd ACN <b style="font-weight:bold;">117 327 509</b></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-align:right;margin:12pt 0pt 12pt 0pt;">and</p><p style="color:#57584f;font-family:'Arial Bold';font-size:12pt;min-height:13.0pt;text-align:right;margin:12pt 0pt 12pt 0pt;"><a name="MorePartiesCover"></a>Vista Gold Corp.</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-align:right;margin:12pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="color:#57584f;font-family:'Arial Bold';font-size:12pt;min-height:13.0pt;text-align:right;margin:12pt 0pt 12pt 0pt;"><img src="vgz-20201126ex1016cdce1002.jpg" alt="Graphic" style="display:inline-block;height:99.75pt;left:0%;padding-bottom:0.75pt;position:relative;top:0pt;width:162pt;"></p><div><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;width:100%;" align="center"><tr style="height:1pt;"><td style="vertical-align:top;width:100%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:100%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">RGG 538806 - execution version</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><div><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;width:100%;" align="center"><tr style="height:1pt;"><td style="vertical-align:top;width:45.32%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="Office_Exists"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:54.67%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:45.32%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="white-space:pre-wrap;">Level 9, Mitchell Centre, 59 Mitchell Street, Darwin  NT  0800  Australia</font></p></td><td style="vertical-align:top;width:54.67%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="white-space:pre-wrap;">Telephone  +61 8 8943 0400</font></p></td></tr><tr><td style="vertical-align:top;width:45.32%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">GPO Box 1302, </p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="white-space:pre-wrap;">Darwin  NT  0801  Australia</font></p></td><td style="vertical-align:top;width:54.67%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="white-space:pre-wrap;">Facsimile     1300 307 879 (Australia)     +61 8 8929 9900 (International)</font></p></td></tr><tr><td style="vertical-align:top;width:45.32%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"> <font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:54.67%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">hwlebsworth.com.au</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:10.0pt;margin:0pt;"></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="color:#57584f;display:none;font-family:'Arial','Helvetica','sans-serif';font-size:8pt;line-height:0pt;text-align:right;margin:0pt 0pt 3pt 0pt;"><font style="font-size:0pt;margin-top:3pt;visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:27.34%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:58.37%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:62.08%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:bottom;width:37.91%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:bottom;width:62.08%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:37.91%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603113472;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:15pt;min-height:13.0pt;margin:9pt 0pt 30pt 0pt;">Table of contents</p><a name="TOC"></a><div style="margin-bottom:6pt;margin-left:35.45pt;margin-top:12pt;overflow:hidden;position:relative;"><p style="font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;border-bottom:1px solid #000000;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110193">1.</a></font><font style="display:inline-block;width:4.55%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110193"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110193">Definitions and interpretation clauses</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110193"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110193">2</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110194">1.1</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110194"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110194">Definitions</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110194"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110194">2</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110195">1.2</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110195"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110195">Interpretation</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110195"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110195">8</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110196">1.3</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110196"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110196">Recitals</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110196"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110196">9</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:35.45pt;margin-top:12pt;overflow:hidden;position:relative;"><p style="font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;border-bottom:1px solid #000000;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110197">2.</a></font><font style="display:inline-block;width:4.55%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110197"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110197">Variations to the Agreements</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110197"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110197">9</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110198">2.1</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110198"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110198">Replaced Terms</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110198"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110198">9</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110199">2.2</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110199"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110199">Royalty Payments</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110199"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110199">10</a></font></font></p></div><div style="margin-bottom:0pt;margin-left:35.45pt;margin-top:12pt;overflow:hidden;position:relative;"><p style="border-bottom-style:none;font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-bottom:6pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110200">3.</a></font><font style="display:inline-block;width:4.55%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110200"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110200">Support for Mt Todd Operations</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110200"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110200">11</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:35.45pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;padding-top:6pt;text-indent:-35.45pt;border-bottom:1px solid #000000;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110201">4.</a></font><font style="display:inline-block;width:4.55%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110201"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110201">Leaders Forum</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110201"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110201">13</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110202">4.1</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110202"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110202">Establishment of Leaders Forum</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110202"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110202">13</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110203">4.2</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110203"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110203">Composition of Leaders Forum</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110203"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110203">13</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110204">4.3</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110204"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110204">Purpose of the Leaders Forum</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110204"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110204">13</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110205">4.4</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110205"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110205">Chair of Leaders Forum</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110205"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110205">14</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110206">4.5</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110206"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110206">Leaders Forum Meetings and costs of meetings</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110206"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110206">14</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110207">4.6</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110207"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110207">Leaders Forum Procedures</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110207"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110207">14</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110208">4.7</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110208"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110208">Confidential Information</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110208"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110208">15</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:35.45pt;margin-top:12pt;overflow:hidden;position:relative;"><p style="font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;border-bottom:1px solid #000000;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110209">5.</a></font><font style="display:inline-block;width:4.55%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110209"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110209">Contract opportunities</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110209"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110209">16</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110210">5.1</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110210"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110210">Acknowledgement</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110210"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110210">16</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110211">5.2</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110211"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110211">Preference in Contract Tenders</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110211"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110211">16</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110212">5.3</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110212"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110212">Notice of Local </a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110212">Contracts</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110212"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110212">17</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110213">5.4</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110213"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110213">Jawoyn Participation in third party tenders</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110213"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110213">18</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110214">5.5</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110214"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110214">Local Asset Disposals</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110214"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110214">18</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:35.45pt;margin-top:12pt;overflow:hidden;position:relative;"><p style="font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;border-bottom:1px solid #000000;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110215">6.</a></font><font style="display:inline-block;width:4.55%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110215"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110215">Specific Contract Proposals for further discussion</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110215"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110215">19</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110216">6.1</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110216"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110216">Proposals from Jawoyn</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110216"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110216">19</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110217">6.2</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110217"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110217">Rehabilitation </a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110217">contracts</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110217"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110217">19</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110218">6.3</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110218"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110218">Carbon Sequestration Projects</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110218"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110218">19</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:35.45pt;margin-top:12pt;overflow:hidden;position:relative;"><p style="font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;border-bottom:1px solid #000000;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110219">7.</a></font><font style="display:inline-block;width:4.55%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110219"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110219">Employment and Training</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110219"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110219">20</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110220">7.1</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110220"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110220">Promotion of Aboriginal Employment Participation</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110220"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110220">20</a></font></font></p></div></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:33.33%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;"><font style="line-height:1;"><a name="_iDocIDField3a1dd188-66b4-4f25-8616-9613"></a></font><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:33.34%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:33.32%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:33.33%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:33.34%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:center;margin:3pt 0pt 3pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:33.32%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page i</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:62.08%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:bottom;width:37.91%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:bottom;width:62.08%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:37.91%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603113472;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110221">7.2</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110221"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110221">Strategy Development</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110221"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110221">20</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110222">7.3</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110222"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110222">Training</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110222"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110222">20</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110223">7.4</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110223"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110223">Employment</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110223"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110223">21</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110224">7.5</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110224"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110224">Traditional Owner Support for Improving Employment and Training Participation</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110224"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110224">21</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:35.45pt;margin-top:12pt;overflow:hidden;position:relative;"><p style="font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;border-bottom:1px solid #000000;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110225">8.</a></font><font style="display:inline-block;width:4.55%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110225"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110225">Cross-Cultural Awareness Program</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110225"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110225">22</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110226">8.1</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110226"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110226">Development of Program</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110226"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110226">22</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110227">8.2</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110227"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110227">Purpose of Program</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110227"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110227">22</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110228">8.3</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110228"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110228">Cultural Heritage Management and Protocol</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110228"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110228">22</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110229">8.4</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110229"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110229">Werenbun and Jodetluk communities</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110229"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110229">23</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:35.45pt;margin-top:12pt;overflow:hidden;position:relative;"><p style="font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;border-bottom:1px solid #000000;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110230">9.</a></font><font style="display:inline-block;width:4.55%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110230"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110230">Dispute Resolution</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110230"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110230">24</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110231">9.1</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110231"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110231">No proceedings</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110231"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110231">24</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110232">9.2</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110232"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110232">Notification of Dispute</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110232"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110232">24</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110233">9.3</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110233"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110233">Reasonable efforts to resolve Dispute</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110233"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110233">24</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110234">9.4</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110234"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110234">Dispute Resolution Process</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110234"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110234">24</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110235">9.5</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110235"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110235">Commencing Proceedings</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110235"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110235">25</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110236">9.6</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110236"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110236">Breach of this clause</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110236"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110236">25</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110237">9.7</a></font><font style="display:inline-block;width:3.61%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110237"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110237">Exception</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110237"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110237">25</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:35.45pt;margin-top:12pt;overflow:hidden;position:relative;"><p style="font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;border-bottom:1px solid #000000;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110238">10.</a></font><font style="display:inline-block;width:3.62%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110238"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110238">Confidentiality</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110238"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110238">25</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110239">10.1</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110239"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110239">Acknowledgement</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110239"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110239">25</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110240">10.2</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110240"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110240">Non-disclosure of Confidential Information</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110240"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110240">25</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110241">10.3</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110241"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110241">Permitted disclosure</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110241"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110241">25</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110242">10.4</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110242"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110242">Breach</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110242"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110242">27</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110243">10.5</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110243"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110243">Survival of termination</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110243"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110243">27</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:35.45pt;margin-top:12pt;overflow:hidden;position:relative;"><p style="font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;border-bottom:1px solid #000000;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110244">11.</a></font><font style="display:inline-block;width:3.62%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110244"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110244">Goods and Services Tax</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110244"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110244">27</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110245">11.1</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110245"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110245">GST exclusive amounts</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110245"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110245">27</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110246">11.2</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110246"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110246">Payment of GST</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110246"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110246">27</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110247">11.3</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110247"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110247">GST Adjustments</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110247"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110247">28</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110248">11.4</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110248"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110248">Definitions</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110248"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110248">28</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:35.45pt;margin-top:12pt;overflow:hidden;position:relative;"><p style="font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;border-bottom:1px solid #000000;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110249">12.</a></font><font style="display:inline-block;width:3.62%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110249"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110249">General</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110249"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110249">28</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110250">12.1</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110250"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110250">Dealings</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110250"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110250">28</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110251">12.2</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110251"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110251">Governing Law</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110251"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110251">31</a></font></font></p></div></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:33.33%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;"><font style="line-height:1;"><a name="_iDocIDField3a1dd188-66b4-4f25-8616-9613"></a></font><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:33.34%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:33.32%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:33.33%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:33.34%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:center;margin:3pt 0pt 3pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:33.32%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page ii</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:62.08%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:bottom;width:37.91%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:bottom;width:62.08%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:37.91%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603113472;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110252">12.3</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110252"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110252">Entire Agreement</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110252"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110252">31</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110253">12.4</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110253"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110253">Effecting the agreement</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110253"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110253">31</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110254">12.5</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110254"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110254">Waiver</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110254"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110254">31</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110255">12.6</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110255"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110255">Severability</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110255"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110255">32</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110256">12.7</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110256"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110256">Notices</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110256"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110256">32</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110257">12.8</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110257"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110257">Counterparts</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110257"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110257">33</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110258">12.9</a></font><font style="display:inline-block;width:2.68%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110258"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110258">Consents and Approval</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110258"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110258">34</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110259">12.10</a></font><font style="display:inline-block;width:1.74%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110259"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110259">Cumulative Rights</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110259"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110259">34</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110260">12.11</a></font><font style="display:inline-block;width:1.74%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110260"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110260">Reading Down</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110260"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110260">34</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110261">12.12</a></font><font style="display:inline-block;width:1.74%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110261"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110261">Contra Proferentum</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110261"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110261">34</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:70.89pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110262">12.13</a></font><font style="display:inline-block;width:1.74%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110262"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110262">Costs</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110262"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110262">34</a></font></font></p></div><div style="margin-bottom:0pt;margin-left:35.45pt;margin-top:12pt;overflow:hidden;position:relative;"><p style="border-bottom-style:none;font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-bottom:6pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110263">Annexure A</a></font><font style="display:inline-block;width:3.13%;">&#9;</font><font style="color:#000000;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110263"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110263">Relevant Percentage</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110263"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110263">35</a></font></font></p></div><div style="margin-bottom:6pt;margin-left:35.45pt;margin-top:0pt;overflow:hidden;position:relative;"><p style="font-family:'Arial Bold';font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-top:0pt;min-height:13.0pt;padding-left:35.45pt;padding-top:6pt;text-indent:-35.45pt;border-bottom:1px solid #000000;"><font style="padding-bottom:2.0pt;padding-right:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110264">Signing page</a></font></font><font style="display:block;height:1px;position:absolute;width:100%;z-index:0;">&#8204;</font><font style="float:right;padding-left:2.0pt;position:relative;text-indent:0pt;z-index:1;background:white;"><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110264"></a></font><font style="color:#000000;font-family:'Arial Bold';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a href="#_Toc57110264">37</a></font></font></p></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="display:none;font-family:'Arial','Helvetica','sans-serif';line-height:0pt;margin:0pt;"><font style="font-size:0pt;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:33.33%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;"><font style="line-height:1;"><a name="_iDocIDField3a1dd188-66b4-4f25-8616-9613"></a></font><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:33.34%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:33.32%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:33.33%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:33.34%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:center;margin:3pt 0pt 3pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:33.32%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page iii</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:15pt;min-height:13.0pt;margin:12pt 0pt 30pt 0pt;">Deed of Variation</p><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr><td style="vertical-align:top;width:23.11%;border-bottom:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="color:#57584f;font-family:'Arial','Helvetica','sans-serif';font-size:12pt;min-height:13.0pt;margin:12pt 0pt 12pt 0pt;">Date</p></td><td style="vertical-align:top;width:76.88%;border-bottom:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">25 November 2020</p></td></tr><tr><td style="vertical-align:top;width:23.11%;border-top:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="color:#57584f;font-family:'Arial','Helvetica','sans-serif';font-size:12pt;min-height:13.0pt;margin:12pt 0pt 12pt 0pt;">Parties</p></td><td style="vertical-align:top;width:76.88%;border-bottom:1px solid #57584f;border-top:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-weight:bold;">Jawoyn Association Aboriginal Corporation</b></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><a name="OptTrust1"></a><b style="font-weight:bold;">ICN 373 </b>of 89 Victoria Highway, Katherine in the Northern Territory of Australia</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-align:right;margin:6pt 0pt 6pt 0pt;">(the<b style="font-weight:bold;"> Association</b>)</p></td></tr><tr><td style="vertical-align:top;width:23.11%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="color:#57584f;font-family:'Arial','Helvetica','sans-serif';font-size:12pt;min-height:13.0pt;margin:12pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:76.88%;border-top:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-weight:bold;">Barnjarn Aboriginal Corporation</b></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><a name="OptTrust2"></a><b style="font-weight:bold;">ICN 1776 </b>of 89 Victoria Highway, Katherine in the Northern Territory of Australia</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-align:right;margin:6pt 0pt 6pt 0pt;">(the <b style="font-weight:bold;">Corporation</b>)</p></td></tr><tr><td style="vertical-align:top;width:23.11%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="color:#57584f;font-family:'Arial','Helvetica','sans-serif';font-size:12pt;min-height:13.0pt;margin:12pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:76.88%;border-top:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-weight:bold;">Vista Gold Australia Pty Ltd </b></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-weight:bold;">ACN 117 327 509 </b>of Suite 1, 4 Manning Road, Double Bay New South Wales</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-align:right;margin:6pt 0pt 6pt 0pt;">(<b style="font-weight:bold;">Vista</b>)</p></td></tr><tr><td style="vertical-align:top;width:23.11%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="color:#57584f;font-family:'Arial','Helvetica','sans-serif';font-size:12pt;min-height:13.0pt;margin:12pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:76.88%;border-top:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-weight:bold;">Vista Gold Corp.</b></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">of 7961 Shaffer Parkway, Suite 5, Littleton Colorado 80127, United States of America</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-align:right;margin:6pt 0pt 6pt 0pt;">(the <b style="font-weight:bold;">Guarantor</b><a name="MoreParties"></a>)</p></td></tr><tr><td style="vertical-align:top;width:23.11%;border-bottom:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:76.88%;border-bottom:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:23.11%;border-top:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="color:#57584f;font-family:'Arial','Helvetica','sans-serif';font-size:12pt;min-height:13.0pt;margin:12pt 0pt 12pt 0pt;">Recitals</p></td><td style="vertical-align:top;width:76.88%;border-top:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">A.</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties and the Other Parties entered the 2006 Deed, under which Vista agreed to observe, perform and be bound by the terms, covenants and obligations of the Transferors, arising on or after the Effective Date, in respect of the Jawoyn Agreement (no. 1), the Confirmation Deed and the Jawoyn Agreement (no. 2) to the intent and effect that as from the Effective Date, Vista was taken to be a party to each of the Agreements in the place of the Transferors, subject to the variations provided for in the 2006 Deed.</font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">B.</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Clause B1(e) of the First Schedule of the Jawoyn Agreement (no. 1), as amended by the 2006 Deed, provides that the Association will be offered the opportunity to establish a Joint Venture Company (&#39;JV&#39;) with Vista holding 90% and the Association 10% to apply for necessary permits and seek appropriate financing, the equity funding of which will be in the proportions, Vista 90% and the Association 10%.</font></div></div></div></td></tr></table></div></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 1</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr><td style="vertical-align:top;width:23.11%;border-top:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:top;width:76.88%;border-top:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">C.</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The JV has not been formed. </font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">D.</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties have agreed to vary the terms of the Jawoyn Agreement (no. 1with respect to the JV.</font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">E.</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties acknowledge and agree that the consideration, payments and compensation provided for in this Deed are:</font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="width:35.45pt;display:table-cell;"></div><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">in substitution for the consideration and commitments provided in the Replaced Terms; and</font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="width:35.45pt;display:table-cell;"></div><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">in satisfaction of all or any compensation payable under the Act, including but not limited to compensation payable under Division 6 of Part 5 of the Act in respect of the Mt Todd Project and the Mt Todd Mt Todd Project Area. </font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">F.</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Guarantor agrees to guarantee to the Association the performance and observance by Vista of all its obligations under this Deed.</font></div></div></div></td></tr><tr><td colspan="2" style="vertical-align:top;width:122.37%;border-top:1px solid #57584f;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">This Deed witnesses that in consideration of, among other things, the mutual promises contained in this deed the Parties agree as follows:</p></td></tr></table></div><div style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;margin-bottom:12pt;margin-left:0pt;margin-top:30pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;border-bottom:1.0pt solid #898f4b;"><font style="display:inline-block;font-family:'Arial';min-width:35.45pt;text-indent:0pt;white-space:nowrap;">1.</font><a name="_Toc286914941"></a><a name="_Toc292178172"></a><a name="_Ref295143234"></a><a name="_Toc307992605"></a><a name="_Toc308713195"></a><a name="_Toc309031962"></a><a name="_Toc309809638"></a><a name="_Toc324249820"></a><a name="_Toc338162798"></a><a name="_Toc347739631"></a><a name="_Toc361315661"></a><a name="_Toc361317014"></a><a name="_Toc363046430"></a><a name="_Toc363643168"></a><a name="_Toc363644927"></a><a name="_Toc364085042"></a><a name="_Toc364085138"></a><a name="_Toc366577097"></a><a name="_Toc368396289"></a><a name="_Toc368400427"></a><a name="_Toc370809013"></a><a name="_Toc436815023"></a><a name="_Toc51231640"></a><a name="_Toc57110193"></a>Definitions and interpretation clauses</div><div style="color:#57584f;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-left:0pt;margin-top:18pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="display:inline-block;font-family:'Arial';min-width:35.45pt;text-indent:0pt;white-space:nowrap;">1.1</font><a name="_Ref295143174"></a><a name="_Ref295143192"></a><a name="_Ref295143268"></a><a name="_Ref297534805"></a><a name="_Ref297538753"></a><a name="_Toc307992606"></a><a name="_Toc308713196"></a><a name="_Toc309031963"></a><a name="_Toc309809639"></a><a name="_Toc324249821"></a><a name="_Toc338162799"></a><a name="_Toc361315662"></a><a name="_Toc361317015"></a><a name="_Toc363046431"></a><a name="_Toc363643169"></a><a name="_Toc363644928"></a><a name="_Toc364085043"></a><a name="_Toc364085139"></a><a name="_Toc366577098"></a><a name="_Toc368396290"></a><a name="_Toc368400428"></a><a name="_Toc370809014"></a><a name="_Toc436815024"></a><a name="_Toc51231641"></a><a name="_Toc57110194"></a>Definitions</div><div style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-left:35.45pt;margin-top:12pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="display:inline-block;font-family:'Arial';min-width:35.45pt;text-indent:0pt;white-space:nowrap;">(a)</font>Subject to sub-clause (b), in this Deed, unless the contrary intention appears, words defined in the Agreements shall have the same meaning in this Deed.</div><div style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-left:35.45pt;margin-top:12pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="display:inline-block;font-family:'Arial';min-width:35.45pt;text-indent:0pt;white-space:nowrap;">(b)</font>In this Deed the following definitions apply unless the context requires otherwise:</div><div style="padding-left:33.75pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:115.41%;"><tr><td style="vertical-align:top;width:24.73%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">2006 Deed</p></td><td style="vertical-align:top;width:75.26%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means a Deed of Variation, Adoption and Release made on 1&#160;March 2006 between the Parties and the Other Parties.</p></td></tr><tr><td style="vertical-align:top;width:24.73%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">2016 Deed</p></td><td style="vertical-align:top;width:75.26%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means a Deed of Agreement to Vary Conditions made on 16&#160;August 2016 between the Parties.</p></td></tr><tr><td style="vertical-align:top;width:24.73%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Accounting Standards</p></td><td style="vertical-align:top;width:75.26%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the accounting standards required to be complied with under the <i style="font-style:italic;">Corporations Act 2001</i> (Cth) and any other relevant accounting standards issued by the Australian Accounting Standards Board and generally accepted accounting principles applied from time to time in Australia.</p></td></tr><tr><td style="vertical-align:top;width:24.73%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Act</p></td><td style="vertical-align:top;width:75.26%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the <i style="font-style:italic;">Mineral Titles Act 2010 </i>(NT).</p></td></tr></table></div></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 2</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="padding-left:33.75pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:115.41%;"><tr><td style="vertical-align:top;width:24.73%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Adjustment</p></td><td style="vertical-align:top;width:75.26%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means any adjustment:</p><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.1pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(A)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">which arises from a subsequent adjustment to the amount paid to the Association based on the actual Gold recovered after refining;</p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.1pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(B)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">to correct any accounting or recording errors from previous Months;</p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.1pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(C)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">which are otherwise made in accordance with this Deed; or</p></div></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><font style="display:inline-block;text-indent:0pt;width:35.45pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(D)</font></font>which are agreed by the Parties.</p></td></tr><tr><td style="vertical-align:top;width:24.73%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Agreements</p></td><td style="vertical-align:top;width:75.26%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means:</p><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Jawoyn Agreement (no. 1);</font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Jawoyn Agreement (no. 2);</font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Confirmation Deed; and </font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Deed of Adoption and Release; </font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(e)</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the 2006 Deed; and</font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;table-layout:fixed;width:100%;border:0pt;"><div style="display:table-row;"><div style="display:table-cell;font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(f)</div><div style="display:table-cell;padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the 2016 Deed.</font></div></div></div></td></tr><tr><td style="vertical-align:top;width:24.73%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Arm&#8217;s Length Terms</p></td><td style="vertical-align:top;width:75.26%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means prices and terms no less favourable to Vista than those which would be paid and agreed to by a Third Party in an arm&#8217;s length transaction under similar circumstances.</p></td></tr><tr><td style="vertical-align:top;width:24.73%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Assumption Deed</p></td><td style="vertical-align:top;width:75.26%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means a deed in such form as may be reasonably required by the Party for whose benefit the deed is to be made (acting in a timely and prompt manner) whereby the assignee or other recipient of an interest in the Mineral Leases agrees to assume, be bound by and perform the obligations in this Deed of the Party from which it acquires its interest and rights.</p></td></tr><tr><td style="vertical-align:top;width:24.73%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Australian Dollar Equivalent</p></td><td style="vertical-align:top;width:75.26%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means, where sum to which this Deed relates is not stated in Australian dollars, the amount determined by converting the amount in foreign currency into Australian dollars at the Exchange Rate existing at the end of a Month as referred to in sub-clause 2.2(b)<font style="white-space:pre-wrap;">, as may be applicable.  </font></p></td></tr><tr><td style="vertical-align:top;width:24.73%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Authorisation</p></td><td style="vertical-align:top;width:75.26%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means any consent, authorisation, registration, filing, lodgement, notification, agreement, certificate, commission, lease, licence, permit, approval or exemption relating to the Mt Todd Project from, by or with an Authority (including without limitation Mineral Leases and any access authority under section 84 of the Act).</p></td></tr><tr><td style="vertical-align:top;width:24.73%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Authority</p></td><td style="vertical-align:top;width:75.26%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means any government, governmental department, local government council, governmental or statutory authority or any other party under a Law which has a right to impose a requirement or whose consent is required with respect to any </p></td></tr></table></div></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 3</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="padding-left:33.75pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:115.41%;"><tr><td style="vertical-align:top;width:24.73%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:top;width:75.26%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt 0pt 6pt 0pt;">matter or thing arising under, or affected by, this Deed (but for the purposes of clarity does not include a Land Council).</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Business Day</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means any day other than a Saturday, Sunday, public holiday or bank holiday in Darwin. </p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Calculation Date</b></p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><font style="white-space:pre-wrap;">means the date of receipt of proceeds by Vista, or in the case of Gold delivered, sold or otherwise used in Hedging, the relevant settlement date.  </font></p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Confidential Information</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means all confidential, commercially sensitive, non-public or proprietary information provided by or on behalf of a Party (<b style="font-weight:bold;">Discloser</b>) to another Party (<b style="font-weight:bold;">Recipient</b>) regardless of how the information is stored or delivered, which is exchanged between the Parties before, on or after the Effective Date in connection with the Mt Todd Project including any information contained in any Statement or any Royalty Records and any materials provided to and the minutes of any meeting of the Leaders Forum, but excluding information:</p><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:36.95pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(a)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">which is in or becomes part of the public domain other than through breach of this deed or an obligation of confidence owed to the Discloser; or</p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:36.95pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(b)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">which the Recipient can prove by contemporaneous written documentation was already known by it at the time of disclosure to it (unless such knowledge arose from disclosure of information in breach of an obligation of confidentiality).</p></div></div></div></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Confirmation Deed</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the Deed so described in the 2006 Deed being a Deed entered into on 22 July 1993 between the Territory, Pegasus, the Association and the Corporation. </p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Cultural Heritage </b></p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means an object or place of significance to Aboriginal people in accordance with Aboriginal Tradition, and includes Sacred Sites.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Deed of Adoption and Release</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the deed so described between the Territory, Yimuyn Manjerr, GGR, Pegasus, the Association and the Corporation dated 18 March 1999.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Discloser</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">has the meaning specified in the definition of Confidential Information.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Effective Date</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">has the same meaning as in the 2006 Deed.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Exchange Rate </p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means, in respect of any foreign currency:</p><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:37.15pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(A)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;"><font style="white-space:pre-wrap;">the rate for that foreign currency, in Australian dollars, as quoted on the Reserve Bank of Australia website;  or</font></p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:37.15pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(B)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">if those rates are not quoted, then the average of the buy and sell rates for the foreign currency as quoted by any </p></div></div></div></td></tr></table></div></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 4</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="padding-left:33.75pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:115.41%;"><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt 0pt 6pt 37.15pt;">two major Australian trading banks selected by the Parties in good faith and on a consistent basis,</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">on the day on which the Exchange Rate is to be determined (or, if the Exchange Rate is to be determined on a day that is not a Business Day, then on the immediately preceding Business Day).</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Encumbrance </p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means any security interest, mortgage, pledge, lien, charge, title retention arrangement, trust or power, or other form of security or interest having effect as a security for the payment of any monetary obligation or the observance of any other obligation whether existing or agreed to be granted or created.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Encumbrancee</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means a person who is entitled to the benefit of an Encumbrance over the Tenements, the Royalty or over a party&#8217;s rights under this Deed.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">General Dealing</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">has the same meaning as in the Act. </p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">GGR</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means Kairiki Energy Limited ACN 002 527 906, formerly known and described as Yilgarn Gold Limited (Controller Appointer) (formerly General Gold Resources NL).</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Gold</b></p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:normal;">means gold in any form including dor&#232; bullion, metal contained on carbon or in sludge, concentrate, nuggets, alluvial gold and specimens regardless of whether recovered or produced in a plant specifically constructed to process Ore from the Mt Todd Project Area or blended with Ore from other sources and processed at a site outside the Mt Todd Project Area.</font></p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">GST</b></p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:normal;">has the same meaning as in the GST Law.</font></p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">GST Law</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:normal;">has the meaning given to that term in the </font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:normal;">A New Tax System (Goods and Services Tax) Act 1999 </i><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:normal;">(Cth) and any other Law or regulation relating to the imposition or administration of GST. </font></p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Gross Value</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means, for a Month:</p><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:37.15pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(A)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">for Gold not subject to Hedging, the gross proceeds received by Vista or applied to its benefit, in Australian dollars, or in Australian Dollar Equivalent, from the sale or other disposal of Gold; plus</p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:37.15pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(B)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">for Gold subject to Hedging (delivered, sold or otherwise used in Hedging transactions), the London Fix for Gold multiplied by the number of gold ounces subject to Hedging on each respective settlement date; plus</p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:37.15pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(C)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">the proceeds received from an insurer in the case of loss of, or damage to, Gold (net of any excess paid in respect of that loss).</p></div></div></div></td></tr></table></div></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 5</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="padding-left:33.75pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:115.41%;"><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Jawoyn Agreement (no. 1)</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the Deed so described in the 2006 Deed being a Deed entered into on 28 January 1993 between the Territory, Pegasus and the Association as varied by a deed of variation dated 5 March 1993.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Jawoyn Agreement (no. 2)</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the Deed so described in the 2006 Deed being a Deed entered into on 11 November 1996 between Pegasus, the Association and the Corporation.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Jawoyn Entity</b><font style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;"> </font></p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means a corporation or other form of association that is legally able to contract and hold property and that is majority owned and controlled by the Association.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Land Council</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">has the same meaning given to that term in the <i style="font-style:italic;">Aboriginal Land Rights (Northern Territory) Act 1976 </i><font style="white-space:pre-wrap;">(Cth).  </font></p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Law</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means any applicable statute, regulation, by-law, ordinance or subordinate legislation in force from time to time in Australia, whether made by a State, Territory, the Commonwealth, or a local government, and includes the common law as applicable from time to time.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Leaders Forum </b></p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the forum referred to in clause 4.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Local Business </b></p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means any business that is located within the Northern Territory.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Local Contract </b></p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means a contract which is:</p><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:37.45pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(a)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">in relation to the Mt Todd Project; and</p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:37.45pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(b)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">of a type that Vista or its Related Bodies Corporate would usually contract out to Local Business with expertise and capacity in supplying and/or performing the goods or services the subject of the contract.</p></div></div></div></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">London Fix</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the daily London Bullion Market Association Afternoon Gold Fix, or if the London Bullion Market Association Afternoon Gold Fix ceases to be published, all such references to such price must be replaced with the prices of such other association or entity generally accepted and recognized in the mining industry. </p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Mineral Leases</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means Mineral Lease nos. MLN 1070, MLN 1071, MLN 1127 &amp; ML 31525.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Month</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means a calendar month. </p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Mt Todd Project</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">has the same meaning as in the Mt Todd Project Agreement.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Mt Todd Project Agreement</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the Mt Todd Project Agreement as set out in the Schedule to the <i style="font-style:italic;">Mt Todd Project Agreement Ratification Act 1993</i> as varied from time to time.</p></td></tr></table></div></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 6</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="padding-left:33.75pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:115.41%;"><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Mt Todd Project Area</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the area within the boundaries of the Mineral Leases existing at the date of this Deed where mining activities are conducted from time to time during the term of this Deed.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Other Parties</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the Territory, Yimuyn Manjerr, GGR, Vallance and Pegasus.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Ore</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means any mineral or mixture of minerals of intrinsic economic interest located in or on the Earth&#39;s crust which exist in sufficient quantity and quality to allow the extraction and production of the desired metal at a profit.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Parties</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the Association, the Corporation, Vista and the Guarantor and Party means any of them.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Pegasus</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means Pegasus Gold Australia Pty Ltd (Subject to Deed of Company Arrangement) ACN 009 628 924.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Quarter</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means a period of 3 consecutive Months commencing on 1 January, 1 April, 1 July or 1 October in any year, other than the first Quarter which commences on the Commencement Date and expires on the date immediately preceding the next to occur of 1 January, 1 April, 1 July or 1 October.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Recipient</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">has the meaning specified in the definition of Confidential Information.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Refinery</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means a smelter, refinery or other processing facility.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Rehabilitation Plan</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the rehabilitation plan approved for the Mt Todd Project under the <i style="font-style:italic;">Mining Management Act 2001</i>.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Related Body Corporate</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Related Body Corporate has the same meaning that it has in the <i style="font-style:italic;">Corporations Act 2001</i> (Cth).</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Related Entity</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Related Entity has the same meaning that it has in the <i style="font-style:italic;">Corporations Act 2001</i> (Cth).</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Relevant Percentage</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the percentage calculated by reference to the table in Annexure A as at the Calculation Date.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Replaced Terms</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the terms of:</p><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.4pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(a)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">sub-clauses (c), (d), (e), (f) &amp; (g) of clause B1 of the First Schedule of the Jawoyn Agreement no. 1, as inserted by clause 8.1 of the 2006 Deed;</p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.4pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(b)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">sub-clause (a) under the heading &quot;EMPLOYMENT&quot; of clause B1 of the First Schedule of the Jawoyn Agreement no. 1, as inserted by clause 8.2 of the 2006 Deed; and</p></div></div></div></td></tr></table></div></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 7</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="padding-left:33.75pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:115.41%;"><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.4pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(c)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">sub-clause (e) under the heading &quot;EMPLOYMENT&quot; of clause B1 of the First Schedule of the Jawoyn Agreement no. 1, as inserted by clause 8.5 of the 2006 Deed.</p></div></div></div></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Royalty Payments</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the royalty payments provided in clause 2.2.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Royalty Records</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the books, accounts and records maintained by or on behalf of Vista showing reasonable detail in relation to:</p><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.1pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(A)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">the quantity of Gold produced in each Month;</p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.1pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(B)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">the calculation of Gross Value for each Month;</p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.1pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(C)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">where there is any commingling of Gold in with materials from areas extracted outside the Mt Todd Project Area, the measures, moistures and assays of the minerals and substances in the Gold extracted and recovered from the Mt Todd Project Area prior to the commingling; and</p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.1pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(D) </p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">invoices, receipts, or sale documents. </p></div></div></div></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Statement</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means for a Quarter, a statement setting out in reasonable detail:</p><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.1pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(A)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">the quantities of Gold sold during the Quarter;</p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.1pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(B)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">the individual elements which make up the calculation of Royalty Payments; and</p></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="display:table;"><div style="display:table-row;"><div style="display:table-cell;vertical-align:text-top;white-space:nowrap;width:30.1pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">(C)</p></div><div style="display:table-cell;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:6pt;margin-top:6pt;min-height:13.0pt;">any other material information which is relevant in verifying the accuracy of Royalty Payments.</p></div></div></div></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Territory</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means the Northern Territory of Australia.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Third Party</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means a person not a Party, or the Related Body Corporate or Related Entity of a Party, to this Deed.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">this Deed</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means this document called Deed of Variation and its Annexure, as amended from time to time in accordance with this Deed, and any other documents expressly identified in this document as forming part of this Deed. </p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Vallance</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means Vallance Holdings Pty Ltd (Controller Appointed) ACN 078 165 107.</p></td></tr><tr><td style="vertical-align:top;width:28.54%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial Bold';font-size:10pt;font-weight:bold;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Yimuyn Manjerr</p></td><td style="vertical-align:top;width:86.86%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">means Yimuyn Manjerr (Investments) Pty Ltd (formerly Multiplex Resources Pty Ltd)(Controller Appointed) ACN 009 362 958.</p></td></tr></table></div><div style="color:#57584f;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-left:0pt;margin-top:18pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="display:inline-block;font-family:'Arial';min-width:35.45pt;text-indent:0pt;white-space:nowrap;">1.2</font><a name="_Toc296590527"></a><a name="_Toc296590732"></a><a name="_Toc296593889"></a><a name="_Toc296932871"></a><a name="_Toc296932957"></a><a name="_Toc297014784"></a><a name="_Toc296590539"></a><a name="_Toc296590744"></a><a name="_Toc296593901"></a><a name="_Toc296932883"></a><a name="_Toc296932969"></a><a name="_Toc297014796"></a><a name="_Toc342292842"></a><a name="_Toc342312952"></a><a name="_Toc426616022"></a><a name="_Toc436815025"></a><a name="_Toc51231642"></a><a name="_Toc57110195"></a>Interpretation</div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">In this Deed:</p><div style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-left:35.45pt;margin-top:12pt;min-height:13.0pt;padding-left:35.45pt;text-indent:-35.45pt;"><font style="display:inline-block;font-family:'Arial';min-width:35.45pt;text-indent:0pt;white-space:nowrap;">(a)</font>headings are for convenience only and do not affect interpretation;</div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">and unless the context otherwise requires:</p></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 8</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">words denoting the singular number include the plural and vice versa, and words denoting any gender include all genders;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the expression &#39;person&#39; includes an individual, the estate of an individual, a body corporate, a corporation and a statutory or other authority or association and where a person is referred to as the trustee of any trust or settlement the reference is to that person in that capacity;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">a reference to a clause, recital, sub-clause, or schedule is a reference to a clause, recital, sub-clause, or schedule in or to this Deed;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(e)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">a reference to this Deed, or any other agreement, deed or instrument will be deemed to include references to this Deed, other agreement, deed or instrument as varied or supplemented from time to time;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(f)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">a reference to any Party includes that Party&#39;s executor&#39;s, administrators, successors substitutes and permitted assigns, including any person taking by way of novation;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(g)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">a reference to any legislation or statute shall include a reference to any amendment, re-enactment, variation or extension thereof or statutory provision substituted therefor;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(h)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">where any word or phrase is given a defined meaning, any other part of speech or grammatical form in respect of that word or phrase has a corresponding meaning; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the word &#39;includes&#39; in any form is not a word of limitation.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">1.3</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc57110196"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Recitals</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">The above Recitals are true and correct in every material particular and are deemed to form part of this Deed but any fact or matter referred to in those Recitals that is inconsistent with any term or provision hereafter appearing shall be read as subject to that term or provision.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;margin-bottom:12pt;margin-top:30pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#898f4b;font-family:'Arial';font-size:14pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;border-bottom:1.0pt solid #898f4b;padding:0pt;">2.</td><td style="border-bottom:1.0pt solid #898f4b;padding:0pt;"><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc342292843"></a><a name="_Toc342312953"></a><a name="_Toc426616023"></a><a name="_Toc436815026"></a><a name="_Toc51231643"></a><a name="_Toc57110197"></a><a name="_Toc414763490"></a><a name="_Toc417709053"></a><a name="_Toc420834510"></a><a name="_Toc447622669"></a></font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;">Variations to the Agreements</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">2.1</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref436818692"></a><a name="_Toc436815028"></a><a name="_Toc51231644"></a><a name="_Toc57110198"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Replaced Terms</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">The Parties agree to vary the terms of the Jawoyn Agreement (no. 1) by:</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">deleting the Replaced Terms; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">amending sub-clause (k) of clause B1 of the First Schedule of the Jawoyn Agreement no. 1, as inserted by clause 8.1 of the 2006 Deed:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">by deleting the words &quot;(including any dispute as to the EXJV)&quot; on the 3</font><sup style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:7.5pt;font-style:normal;font-weight:normal;text-align:left;vertical-align:top;">rd</sup><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> and 4</font><sup style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:7.5pt;font-style:normal;font-weight:normal;text-align:left;vertical-align:top;">th</sup><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> lines; and</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 9</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">by amending the penultimate sentence of sub-clause (k)(C)(2) to read:</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 127.6pt;">&quot;The person appointed as an expert under this clause is deemed not to be an Arbitrator but an expert and the law relating to arbitration, including the <i style="font-style:italic;">Commercial Arbitration (National Uniform Legislation) Act 2011</i> (NT) will not apply to him or her in his or her determination.&quot;</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">2.2</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref446590099"></a><a name="_Toc436815029"></a><a name="_Toc51231645"></a><a name="_Toc57110199"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Royalty Payments </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista will make the Royalty Payments to the Association in consideration for the Association&#8217;s agreement to vary the Jawoyn Agreement (no. 1) and remove the obligations and liabilities of the Replaced Terms. </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref448156287"></a><a name="_Ref50119292"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Royalty Payments will be of an amount equal to the Relevant Percentage multiplied by the Gross Value of all Gold produced from the Mt Todd Project Area which is to be determined in accordance with the provisions of this Deed, in any Month, and shall be paid within 30 days of the end of that Month.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista must keep, or cause to be kept, true and accurate Royalty Records in accordance with generally accepted Accounting Standards and generally accepted Australian mining industry practice consistently applied, including tonnage, moisture, volume, analyses of Gold content, weight, assays of payable content and other records and supporting materials, as appropriate, related to the computation of payments hereunder, and must permit the Association or its representatives to inspect such records. </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista will provide a Statement each Quarter to the Association. </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(e)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Association may, upon reasonable notice to Vista and at reasonable times and at its own cost, no later than 60 days after receiving a Statement in respect of a Quarter, appoint a suitably qualified accountant (the </font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Inspector</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">) to inspect, audit and report on the Royalty Records in respect of that Quarter. </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(f)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista must give the Inspector reasonable access to the Royalty Records of Vista at its offices, or elsewhere as agreed, in respect of the Royalty Payments for that Quarter. Such access shall be on no more than one occasion in respect of any Quarter.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(g)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref453666300"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">If the Association notifies Vista of any underpayment or overpayment of the Royalty which the Inspector, in its reasonable opinion, considers exists, or the Inspector asserts that any Royalty Payments paid have been calculated in error, Vista must, on being provided with a copy of the report of the Inspector, make an Adjustment of the Royalty Payments due for the next Month accordingly, unless Vista gives a Royalty Dispute Notice under this clause in relation to the relevant Statement within one Month of receiving the report of the Inspector. </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(h)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista may dispute a report of an Inspector under sub-clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(g)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> (each a &#8216;</font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Royalty Dispute&#8217;</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">) by giving to the Association a notice (&#8216;</font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Royalty Dispute Notice&#8217;</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">) identifying the Royalty Dispute. The Parties agree to meet no later than 10 days after a Royalty Dispute Notice is issued to discuss a Royalty Dispute.  </font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 10</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">If the Parties are unable to resolve the Royalty Dispute within one Month of a Party issuing a Royalty Dispute Notice, any Party may request the President for the time being of the Institute of Chartered Accountants in Australia (South Australia/Northern Territory Branch) to appoint a suitably qualified accountant (&#8216;</font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Accountant</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">&#8217;) to determine the Gross Value of Gold produced during the period(s) in question from the Mt Todd Project Area in accordance with the terms of this Deed, Royalty Records and statements except that if the sale or other disposal of Gold is not Arm&#39;s Length Terms then the Gross Value is to be deemed by the Accountant to be a value calculated on Arm&#39;s Length Terms.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(j)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The decision of such Accountant shall be that of an expert and the valuation and decision of that Accountant shall be final and binding upon the Parties. The cost in relation to a determination by the Accountant as stated shall be borne equally by the Parties.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(k)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">In the event that:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista does not make a Royalty Payment within 60 days of such payment being due; or</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">within 60 days of a Royalty Dispute being determined by the Accountant, Vista has not made the Royalty Payment in accordance with that determination,</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-indent:0pt;margin:12pt 0pt 12pt 70.9pt;"><font style="white-space:pre-wrap;">the Guarantor is liable to make the relevant Royalty Payment to the Association and the relevant Royalty Payment will be treated as a debt due and payable to the Association by the Guarantor, payable on demand by the Association.   </font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;margin-bottom:12pt;margin-top:30pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#898f4b;font-family:'Arial';font-size:14pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;border-bottom:1.0pt solid #898f4b;padding:0pt;">3.</td><td style="border-bottom:1.0pt solid #898f4b;padding:0pt;"><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref49929402"></a><a name="_Toc51231646"></a><a name="_Toc57110200"></a><a name="_Toc414763493"></a><a name="_Toc417709059"></a><a name="_Toc420834513"></a><a name="_Toc447622672"></a></font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;">Support for Mt Todd Operations</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref49929411"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Association, to the extent permitted by law will:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref49929414"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">support</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref267966364"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> the conduct of the Mt Todd Project, including any actions taken by Vista to improve the efficiency, effectiveness or growth of those operations, and the continuation of other existing activities which are incidental to the Mt Todd Project (including transport of cargo and product to and from the Mt Todd Project and the use of roads or transport corridors), provided such conduct is undertaken in accordance with law and subject to such conduct being in compliance with the terms of the Agreement</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">s; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref49929439"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">support any additional legislative or other Authorisation, required from time to time by Vista and its Related Bodies Corporate, contractors of Vista and its Related Bodies Corporate, or persons acting on behalf of Vista and its Related Bodies Corporate, to undertake the conduct, actions and activities referred to in paragraph </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">3</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(a)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(i)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Association&#39;s support pursuant to clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">3</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(a)(ii)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> does not preclude The Association:</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 11</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">in relation to environmental Authorisations sought by or on behalf of Vista and its Related Bodies Corporate, contractors of Vista and its Related Bodies Corporate, or persons acting on behalf of Vista and its Related Bodies Corporate:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(A)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">regarding environmental impacts within the area of the Mt Todd Project, making submissions on those new environmental Authorisations, where such submissions comment on environmental values that will be impacted by the works contemplated by the Authorisation, environmental conditions that might be imposed on the grant of the Authorisation, and how environmental impacts may be mitigated.  The Association will not object to the grant of such Authorisations; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(B)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">regarding environmental impacts of the Mt Todd Project on areas outside of the area of the Mt Todd Project, making submissions, based on environmental values that will be impacted by the works contemplated by the Authorisation, on those areas outside the Mt Todd Project to the extent that the environmental Authorisation relates to impacts on the environment outside the area of the Mt Todd Project. The Association will not object to the grant of such Authorisations,</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-indent:0pt;margin:12pt 0pt 12pt 106.35pt;"><font style="white-space:pre-wrap;">provided that the Association will before making any such submissions, provide Vista with written details of its concerns and its proposed submissions which will include supporting expert reports and allow Vista a reasonable opportunity to consider, respond to and discuss the concerns and any proposed submissions before those submissions are made in relation to any application by Vista or its Related Bodies Corporate for an environmental Authorisation (whether within or outside the Mt Todd Project);  and</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref276528618"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">making submissions, under any legislation, including under the </font><i style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:italic;font-weight:normal;text-align:left;">Northern Territory Aboriginal Sacred Sites Act </i><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(NT), regarding Cultural Heritage approvals and protection made by or on behalf of Vista and its Related Bodies Corporate, contractors of Vista and its Related Bodies Corporate, or persons acting on behalf of Vista and its Related Bodies Corporate after the date of this Deed, provided that:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(A)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Parties will first comply with the procedures under any Cultural Heritage Management Plan or Protocol before any such submission is made; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(B)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association will before making any submission, provide Vista with written details of its concerns and its proposed submissions which will include any supporting expert reports and allow Vista a reasonable opportunity to consider, respond to and discuss the concerns and any proposed submission before that submission is made.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">making submissions and objections under applicable statutory processes in respect of town planning approvals (which includes, for the </font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 12</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;"></td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">avoidance of doubt, any proposal regarding the grant of a liquor licence) sought in respect of the Big Rivers Region.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;margin-bottom:12pt;margin-top:30pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#898f4b;font-family:'Arial';font-size:14pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;border-bottom:1.0pt solid #898f4b;padding:0pt;">4.</td><td style="border-bottom:1.0pt solid #898f4b;padding:0pt;"><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref49930436"></a><a name="_Toc51231647"></a><a name="_Toc57110201"></a></font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;">Leaders Forum</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">4.1</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc292118689"></a><a name="_Toc51231648"></a><a name="_Toc57110202"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Establishment of Leaders Forum</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Within 3 months of the date of this Deed, the Parties will establish the Leaders Forum.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Leaders Forum will take the place of the Mt Todd Liaison Committee and the Technical Oversight Committee in relation to matters affecting the Mt Todd Project.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">4.2</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref289756185"></a><a name="_Toc292118690"></a><a name="_Toc51231649"></a><a name="_Toc57110203"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Composition of Leaders Forum</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref49930558"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Leaders Forum will comprise representatives (the </font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Members</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">) of:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Members will comprise:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">3 representatives from the Association; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">3 representatives from Vista.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">Each of the Association and Vista must nominate its representatives in writing.  If the Association or Vista wishes to change one or more of its representatives to attend the Leaders Forum, or wishes to nominate an alternate for one of or more of its representatives to attend a particular meeting of the Leaders Forum from time to time, it must notify the other in writing at least 5 days prior to the first Leaders Forum meeting that person is to attend.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref49930580"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Other persons may be invited to a specific Leaders Forum (or part thereof) for a particular purpose, with the prior written agreement of all Members.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">4.3</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc292118691"></a><a name="_Toc51231650"></a><a name="_Toc57110204"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Purpose of the Leaders Forum</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The primary purposes of the Leaders Forum are:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">to provide a forum whereby the Members can discuss, review and guide the ongoing implementation of the Agreements;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">to serve as the forum for consultation between the Members about various matters under the Agreements where clauses specify the Leaders Forum as performing this function;</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 13</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">to provide a forum for information sharing and reporting;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iv)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">to provide an avenue for ongoing communication between the Members about the Mt Todd Project; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(v)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">to carry out any other specific functions required of it under the Agreements.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Members may also discuss matters including regional development (beyond issues directly relevant to the Mt Todd Project) from time to time at the Leaders Forum where these matters are of common interest to the Members.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">For the avoidance of doubt, the Leaders Forum does not have authority to:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">vary the Agreements; or</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">act outside the scope of the Agreements.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">4.4</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc292118692"></a><a name="_Toc51231651"></a><a name="_Toc57110205"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Chair of Leaders Forum</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The chair of the Leaders Forum will alternate year by year. In the first year a Member appointed by Vista will chair the Leaders Forum.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The chair will have a deliberative vote but not an additional casting vote.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">4.5</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc292118693"></a><a name="_Toc51231652"></a><a name="_Toc57110206"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Leaders Forum Meetings and costs of meetings</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Leaders Forum will meet as follows:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">up to 6 meetings in the first 12 months following execution of this Agreement; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">4 meetings per annum thereafter, held approximately on a quarterly basis.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista will pay to the Association an amount of $500 to fund the reasonable travel, accommodation, food and out-of-pocket costs associated with the Association Members attending meetings in Katherine or at the Mt Todd mine site.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">If the meeting is not in Katherine or at the Mt Todd mine site then Vista will pay to the Association the costs associated with the Association Members attending the meeting being an amount calculated by reference to the rates set by Australian Taxation Office Taxation Determined 2019/11 (TD 2019/11) for the wage bracket in Table 2 (or any determination made in substitution or replacement for that determination).</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">4.6</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc292118694"></a><a name="_Toc51231653"></a><a name="_Ref51257275"></a><a name="_Ref51257344"></a><a name="_Toc57110207"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Leaders Forum Procedures</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">A proposed meeting time, place and draft agenda for each Leaders Forum meeting will be circulated by Vista to the Members at least 14 days prior to a </font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 14</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;"></td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">Leaders Forum meeting.  If the Members wish to add any items to the agenda for a Leaders Forum meeting, they must do so in writing to all other Members no later than 7 days before the meeting.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">A quorum for a meeting of the Leaders Forum shall consist of two (2) Members appointed by the Association and two (2) Members appointed by Vista.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Meetings of the Leaders Forum will be no longer than one day in duration, unless the Members otherwise agree.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Meetings of the Leaders Forum will be held in Katherine or at Mt Todd unless the Members otherwise agree, provided that meetings must be held in a manner that Members can, if they choose, attend by electronic means.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(e)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref49930650"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">Meetings of the Leaders Forum will be minuted.  Vista will provide the necessary secretarial service to take minutes at Leaders Forum meetings.  Draft minutes will be circulated by Vista to all representatives of Members that attended a Leaders Forum meeting within 10 Business Days after the date of the meeting.  The minutes will be considered and adopted or amended at the following meeting of the Leaders Forum.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(f)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref51257346"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Where Vista or the Association is required under this Agreement to report or consult on a specific matter to the Leaders Forum, Vista or the Association (as the case may be) will be entitled to bring, in addition to its nominated representatives on the Leaders Forum, any reasonably required personnel to attend the Leaders Forum meeting for that purpose.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(g)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Without limiting clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">4.2</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> or </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">4.6</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(f)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">, provided all Members agree in advance, the Members can invite other guests to attend some or all parts of a Leaders Forum meeting.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">4.7</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc51231654"></a><a name="_Ref54009170"></a><a name="_Ref54016321"></a><a name="_Toc57110208"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Confidential Information</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Association Members that attend meetings of the Leaders Forum will be responsible for informing the Association and its members of information provided and consultations that occur at the Leaders Forum, except in respect of Confidential Information.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref49930680"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">For the avoidance of doubt, the Parties agree that:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Confidential Information will only be provided to the Members attending a meeting of the Leaders Forum at a closed session for which separate confidential minutes will be prepared and circulated to Members;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">where Confidential Information is provided to the Members attending a meeting of the Leaders Forum, that Confidential Information including any minutes prepared under paragraph (i) must be kept confidential and must not be disclosed to any person other than another Member who is also subject to this confidentiality obligation;</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 15</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Certain matters discussed at Leaders Forum meetings may include confidential undisclosed forward-looking information, as identified at the time by Vista;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iv)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref49930684"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Members appointed by the Association and Vista must each:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(A)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">abide by and observe Vista&#39;s policies on share trading; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(B)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">execute such undertakings as may reasonably be required to record their respective agreement to the terms of this clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">4.7</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(b)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(iv)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;margin-bottom:12pt;margin-top:30pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#898f4b;font-family:'Arial';font-size:14pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;border-bottom:1.0pt solid #898f4b;padding:0pt;">5.</td><td style="border-bottom:1.0pt solid #898f4b;padding:0pt;"><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc436815034"></a><a name="_Ref50127360"></a><a name="_Ref50127521"></a><a name="_Toc51231655"></a><a name="_Toc57110209"></a></font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;">Contract opportunities</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">5.1</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc292118651"></a><a name="_Toc51231656"></a><a name="_Toc57110210"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Acknowledgement</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista acknowledges the desire of Association Entities to build upon their established businesses and to develop new business opportunities.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista acknowledges that current Jawoyn Entities have a high percentage of Aboriginal employees and that an important pathway to realising employment outcomes for Aboriginal people is in the sustainable development of businesses though Jawoyn Entities.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista is supportive of this approach and will assist Jawoyn Entities in achieving these objectives by offering Jawoyn Entities the opportunity to win contract work from Vista in accordance with this clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">5</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">To facilitate the achievement of this objective, Vista will assist Jawoyn Entities in relation to:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">complying with the tender process for tenders for Local Contracts and any related of associated tenderer pre-qualification process; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">by adopting the agreements and measures set out in this clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">5</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(e)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">If a Related Body Corporate of Vista is putting a Local Contract out to tender, Vista will ensure that Related Body Corporate acts in accordance with the provisions of this clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">5.3</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">5.2</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref280719619"></a><a name="_Toc292118652"></a><a name="_Toc51231657"></a><a name="_Toc57110211"></a><a name="_Ref287969652"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Preference in Contract Tenders</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Subject to clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">5.2</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(b)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">, if Vista puts a Local Contract out to tender and a Jawoyn Entity tenders for the contract, </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista will give preference to the tender received from </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Jawoyn Entity or where more than one </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Jawoyn Entity tenders for the contract, one of them.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref271529713"></a><a name="_Ref50127602"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">In order for Vista to give Jawoyn </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Entities </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">preference, the Jawoyn </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Entities </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">must</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">:</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 16</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">be able to demonstrate capacity or capability to perform the tasks and meet the criteria required under Vista&#39;s contractual requirements or tender proposal;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">submit payment rates or prices for the contract that are competitive by reference to the relevant industry standards or market rates for that type of contract or service in the region and by reference to others who submit tenders;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">be able to satisfy Vista&#39;s health, safety and environmental standards and any legal or statutory obligations;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iv)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">have the demonstrated personnel, skills and capacity to undertake the work or project proposed in the contract to the requisite quality, within the required timeframes, and to a standard of service or workmanship comparable </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">to others who submit tenders</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(v)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">have an appropriate business structure in place, with all appropriate approvals, licences and insurances in order to be able to carry out the work under the contract.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties acknowledge that this preferencing process will be conducted within Vista&#39;s tender processes and the Parties agree that, subject to the other provisions of this clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">5.2</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">, it is not intended that Vista modify its tender processes except to the extent expressly contemplated in this clause.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista will provide feedback to the relevant Jawoyn </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Entity </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">where it has unsuccessfully tendered for a contract under this clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">5.2</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">.  Subject to any legal requirements or restrictions, the feedback will give reasonable details of why the tender was unsuccessful.  It is specifically acknowledged that, in providing feedback, Vista will not be obliged to disclose information related to a tender received from a third party which is confidential or commercially sensitive.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">5.3</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref50127445"></a><a name="_Ref50127554"></a><a name="_Ref50128069"></a><a name="_Toc51231658"></a><a name="_Toc57110212"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Notice of Local </font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Contracts</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">Vista shall provide notice to the Association of Local Contracts that are being tendered by Vista in the following ways:</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista shall provide the Association with direct written notice of a Local Contract being tendered, such notice to be given at or about the same time as any other calls for tenders are notified in respect of that contract; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">Vista shall provide information at meetings of the Leaders Forum of known Local Contract tendering opportunities that are likely to be put out to tender in the following 6 months.  To the extent practicable, Vista will also provide at that time notice of the minimum capabilities and skills that would be required to satisfy the tendering requirements for each such contract, including information about the tender process for Local Contracts.</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 17</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">5.4</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref50127454"></a><a name="_Toc51231659"></a><a name="_Toc57110213"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Jawoyn Participation in third party tenders</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">Vista will, all things being equal between tenders received from third parties in respect of Local Contracts, give favourable consideration in assessing the tenders from third parties in respect of Local Contracts to those that involve members of the Association or Jawoyn Entities as a substantial part of their tender proposal.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">5.5</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref287404826"></a><a name="_Toc292118654"></a><a name="_Toc51231660"></a><a name="_Toc57110214"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Local Asset Disposals</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref287405248"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">If Vista, or a Related Body Corporate of Vista, wishes to sell by public auction or tender (which, for the purpose of this clause, does not include a transfer or sale of assets to a Related Body Corporate of Vista or a joint venture in which Vista or its Related Bodies Corporate have an interest):</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">light vehicles;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">demountable accommodation facilities; or</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">another class of asset that Vista and the Association, agree in writing are of a type that could be used by the Association for personal or community purposes and should be subject to the provisions of this clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">5.5</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">,</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-indent:0pt;margin:12pt 0pt 12pt 70.9pt;">which are located at the Mt Todd Project (<b style="font-weight:bold;">Local Assets</b>), Vista will give the Association written notice of that proposed sale, with such notice to include basic details of the Local Asset proposed to be sold.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista will provide written notice pursuant to clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">5.5</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(a)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> at least 30 days before the Local Assets are offered for sale (</font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Notice Period</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">).</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">If the Association is interested in purchasing the Local Asset, it can provide written notice of its interest to Vista before the end of the Notice Period.  If the Association does advise Vista within this time that it is interested in purchasing the Local Asset, then Vista and Jawoyn may have discussions regarding the terms of a proposed sale, within the Notice Period or such longer period as may be agreed, but neither party will be under an obligation to agree to the sale or purchase of the Local Asset.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">If the Association does not provide notice within the Notice Period or if the parties do not reach agreement for the sale of the Local Asset to the Association within the Notice Period or such longer period as may be agreed, then Vista may proceed with the sale of the Local Asset without further reference to the Association.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(e)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">Vista will advise the Association at a Leaders Forum meeting of any planned upcoming Local Asset sales.  However, for the avoidance of doubt, a Local Asset may be sold even if it has not first been raised at a Leaders Forum meeting, provided the other provisions of this clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">5.5</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> are complied with by Vista.</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 18</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#898f4b;font-family:'Arial';font-size:14pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;border-bottom:1.0pt solid #898f4b;padding:0pt;">6.</td><td style="border-bottom:1.0pt solid #898f4b;padding:0pt;"><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref280692649"></a><a name="_Toc292118655"></a><a name="_Toc51231661"></a><a name="_Toc57110215"></a><a name="_Toc292118656"></a></font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;">Specific Contract Proposals for further discussion</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">6.1</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc51231662"></a><a name="_Ref55967654"></a><a name="_Toc57110216"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Proposals from Jawoyn</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">The Association has raised with Vista that Jawoyn Entities may be able to provide Vista with services related to the Mt Todd Project in respect of the following contracts required by Vista for the purpose of the Mt Todd Project:</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">construction camp or accommodation or housing facilities;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">cleaning contracts;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">catering contracts;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">labour hire;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(e)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">general site security services to the extent </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">permitted under any Vista risk management plan</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(f)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">a bus service and freight transportation service.</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-indent:0pt;margin:12pt 0pt 12pt 35.45pt;">In discussing and negotiating any agreement for contracts under this clause 6.1Vista shall apply the same preference principles that apply to a tender process under clause 5.2. </p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-indent:0pt;margin:12pt 0pt 12pt 35.45pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">6.2</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc51231663"></a><a name="_Toc57110217"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Rehabilitation </font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">contracts</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">The Association has raised with Vista the importance of rehabilitation of lands and waters affected by the Mt Todd Project and it is agreed that it is a strong preference of both parties that, subject to the arrangements set out in clause 5.2 and clause 5.3 and the Rehabilitation Plan for the Mt Todd Project as applicable from time to time, Jawoyn Entities have the opportunity to participate in contracts related to the rehabilitation work, such as revegetation and input into the design of final land forms and on site environmental monitoring (such as water sample collection, dust monitoring, flora and fauna surveys, seed collection and ranger related work), in relation to the Mt Todd Project.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">6.3</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref287975227"></a><a name="_Toc292118658"></a><a name="_Toc51231664"></a><a name="_Toc57110218"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Carbon Sequestration Projects</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref271192314"></a><a name="_Ref50128361"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> agrees to discuss and negotiate with </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">with respect to any proposal that </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">may make to </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> in relation to a Carbon Sequestration, Solar Farm or other environmental or renewable energy project in the vicinity of the Mt Todd </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Project, subject to there being a genuine business case for the Association and </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> in relation to the proposed project.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Any agreement that may be developed from the discussions referred to in clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">6.3</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(a)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> would be subject to the safety, technical viability and price competitiveness requirements of </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> being met.</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 19</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Any agreement that may be developed from the discussions referred to in clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">6.3</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(a)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> would form a separate agreement between the Parties.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties acknowledge that this clause does not place an obligation on the Association to develop a proposal for any such project, or on either party to enter agreement in respect of such a project unless agreement is reached on acceptable terms to both Vista and the Association.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;margin-bottom:12pt;margin-top:30pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#898f4b;font-family:'Arial';font-size:14pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;border-bottom:1.0pt solid #898f4b;padding:0pt;">7.</td><td style="border-bottom:1.0pt solid #898f4b;padding:0pt;"><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc292118664"></a><a name="_Toc51231665"></a><a name="_Toc57110219"></a><a name="_Toc292118665"></a></font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;">Employment and Training</font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;"> </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">7.1</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc51231666"></a><a name="_Toc57110220"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Promotion of Aboriginal Employment Participation</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">Vista supports the goal of increasing Aboriginal employment for Jawoyn people. Vista aims to improve the rate of employment, participation in work readiness training, career advancement and retention of employees at the Mt Todd Project <font style="white-space:pre-wrap;">for Jawoyn people.  This clause provides how Vista will support these goals and aims.</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">7.2</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc292118666"></a><a name="_Toc51231667"></a><a name="_Toc57110221"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Strategy Development</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> will, in consultation with </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">, develop a regional employment and training strategy (the </font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Regional Employment Strategy</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">) which will be aimed at promoting employment and training opportunities for </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">for Jawoyn people.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">To achieve the intent of this clause, in particular with regard to education and training outcomes, collaboration with government and non-government organisations is appropriate.  The parties agree that a multi-party approach between </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">, </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> and the Commonwealth Government and Northern Territory Government is required to develop the Regional Employment Strategy.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">The parties will discuss the development of the Regional Employment Strategy at Leaders Forum meetings.  The parties will aim to have the Regional Employment Strategy finalised within 12 months of the date of this Deed.  Once the Regional Employment Strategy is finalised, the parties will jointly implement the strategy as appropriate, giving due consideration to development plans for the Mt Todd Project.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties will from time to time review the Regional Employment Strategy.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">7.3</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc51231668"></a><a name="_Toc57110222"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Training</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">In addition to any training initiatives that may be developed under the Regional Employment Strategy, Vista will:</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">provide, and will ensure that its Related Bodies Corporate also provide, on-the-job training to Jawoyn people employed at the Mt Todd Project where such persons demonstrate a desire and capacity to receive the same with a view to increasing their skills, thereby better equipping them to hold permanent positions in a range of roles relevant to the Mt Todd Project; and</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 20</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">contribute to and participate in Government work-readiness programs that will form part of the Regional Employment Strategy.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">7.4</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc51231669"></a><a name="_Toc57110223"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Employment</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> agrees to give preference, and ensure that its Related Bodies Corporate give preference, for advertised employment vacancies in the Mt Todd Project to applicants who are members of </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">and where:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the applicant meets the essential and desirable employment criteria for the position; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the applicant meets </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> &#39;s standard recruitment criteria (which will relate to issues, without limitation, such as fitness for work, minimum qualification levels, training and skills requirements, and health and safety awareness) as it exists at the time of the application,</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-indent:0pt;margin:12pt 0pt 12pt 70.9pt;">as assessed in Vista&#39;s discretion.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> will notify </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">of advertised employment vacancies in the Mt Todd Project.  This clause does not:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">require </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> to advertise all vacancies;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">limit </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> &#39;s ability to advertise employment positions from time to time in the way it usually does so (a </font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">General Advertisement</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">), but </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> undertakes to provide </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">with notice of advertised positions at or about the same time as the General Advertisement.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties acknowledge that </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">employs and treats people on the basis of ability, qualifications and performance;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">establishes and fills roles to meet the business needs of </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> and accordingly reserves the right to determine the number, nature and requirements of roles; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">will make selection decisions and determine employment terms at its sole discretion and in accordance with law.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">7.5</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc292118670"></a><a name="_Toc51231670"></a><a name="_Toc57110224"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Traditional Owner Support for Improving Employment and Training Participation</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">The Association acknowledges it and its members have an important contribution to make in promoting understanding about what is required to get and keep a job at the Mt Todd Project.</p></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 21</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#898f4b;font-family:'Arial';font-size:14pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;border-bottom:1.0pt solid #898f4b;padding:0pt;">8.</td><td style="border-bottom:1.0pt solid #898f4b;padding:0pt;"><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref289746072"></a><a name="_Toc292118671"></a><a name="_Toc51231671"></a><a name="_Toc57110225"></a></font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;">Cross-Cultural Awareness Program</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">8.1</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc292118672"></a><a name="_Toc51231672"></a><a name="_Toc57110226"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Development of Program</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista will work with </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">in the Leaders Forum to develop a cross-cultural awareness program which will be delivered to Vista employees and contractors who are engaged in conducting activities at the Mt Todd Project.  The program will be co-delivered by </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">, or its nominee, and</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> in a manner recommended by the Leaders Forum and developed and agreed between </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> and </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> and </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">will work together in good faith to develop the cross-cultural awareness program within 12 months of the date of this Deed.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">8.2</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc292118673"></a><a name="_Toc51231673"></a><a name="_Toc57110227"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Purpose of Program</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">The purpose of the cross-cultural awareness program is to:</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">provide participants with an understanding of and respect for the traditions, culture and ways of life of the Jawoyn people;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">provide participants with an understanding of Vista&#8217;s culture and commitment to the health and safety of its workforce, stewardship for the environment, the principles of mutual respect, teamwork, loyalty and dependability, and the performance of one&#8217;s duties and achievement of its objectives;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">provide acknowledgement of Jawoyn people and recognition of land ownership;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">promote respect for the traditions, culture and ways of life of the Jawoyn people;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(e)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">instil an understanding of and a respect for the principles of this Agreement;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(f)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">explain the rules and protocols relating to Sacred Sites for employees of </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> and its Related Bodies Corporate and contractors engaged by </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">, whether directly or indirectly, in the Mt Todd Project;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(g)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">create awareness and understanding in relation to issues such as the land tenure of areas surrounding the Mt Todd Project, the importance of the lands and waters to Jawoyn people and understand Aboriginal culture.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">8.3</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc292118677"></a><a name="_Ref50128554"></a><a name="_Ref50128585"></a><a name="_Toc51231674"></a><a name="_Toc57110228"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Cultural Heritage Management</font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"> and Protocol</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref50128557"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties acknowledge that:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista respects the Cultural Heritage of the Jawoyn people and has undertaken Cultural Heritage Studies in relation to the area affected by the Mt Todd Project;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Mt Todd Project could impact on Cultural Heritage;</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 22</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Parties wish to minimise the impact of the Mt Todd Project on Cultural Heritage, while at the same time managing Cultural Heritage so as to enable the ongoing conduct of the Mt Todd Project;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iv)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Parties have agreed on arrangements in relation to sacred sites under clause 10 of the Jawoyn Agreement No 2 and will continue to observe and comply with those arrangements</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> and nothing in this clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">8.3</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> is intended to amend or affect those arrangements; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(v)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the mining management plan for the Mt Todd Project provide for management of Sacred Sites.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Subject to clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">8.3</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(a)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">In addition to </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">and consistent with</font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;"> </b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista&#8217;s Cultural Heritage Management Plans Vista and Jawoyn will develop a protocol (the </font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Cultural Heritage Management Protocol</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">) for the management of Cultural Heritage that might be impacted by the Mt Todd Project, and the sharing of information in relation to Cultural Heritage.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">The parties will discuss the development of the Cultural Heritage Management Protocol at meetings of the Leaders Forum.  The parties will aim to have the Cultural Heritage Management Protocol finalised within 12 months of the date of this Deed.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">The Cultural Heritage Management Protocol may be reviewed and amended by agreement between the parties based on the recommendation of the Leaders Forum from time to time.  Any amendment to the Cultural Heritage Management Protocol will be recorded in writing.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iv)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties will comply with the procedures in the Cultural Heritage Management Protocol, once agreed, as that protocol may be amended from time to time.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">8.4</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref289745789"></a><a name="_Toc292118659"></a><a name="_Toc51231675"></a><a name="_Toc57110229"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Werenbun and Jodetluk communit</font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">ies</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties acknowledge that Werenbun and Jodetluk communities are important stakeholders in the future of the Mt Todd Project and that the residents of the two communities experience high levels of social and economic disadvantage.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties agree to work together to provide information to government and other stakeholders to support the enhancement of the social and economic conditions of both communities, including the improvement of housing, infrastructure and civic amenities in each.</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 23</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#898f4b;font-family:'Arial';font-size:14pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;border-bottom:1.0pt solid #898f4b;padding:0pt;">9.</td><td style="border-bottom:1.0pt solid #898f4b;padding:0pt;"><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763644"></a><a name="_Toc417709452"></a><a name="_Toc420834666"></a><a name="_Toc447622831"></a><a name="_Toc342292846"></a><a name="_Toc342312956"></a><a name="_Toc426616026"></a><a name="_Ref426616142"></a><a name="_Toc436815036"></a><a name="_Ref50128649"></a><a name="_Ref50708021"></a><a name="_Toc51231676"></a><a name="_Toc57110230"></a></font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;">Dispute Resolution</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">9.1</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763645"></a><a name="_Toc417709453"></a><a name="_Toc420834667"></a><a name="_Toc447622832"></a><a name="_Toc342292847"></a><a name="_Toc342312957"></a><a name="_Toc426616027"></a><a name="_Toc436815037"></a><a name="_Toc51231677"></a><a name="_Toc57110231"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">No proceedings</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">A Party must not start court proceedings (except proceedings seeking interlocutory relief) in respect of a dispute arising out of this Deed (&#8216;<b style="font-weight:bold;">Dispute</b>&#8217;) unless it has complied with this clause.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">9.2</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763646"></a><a name="_Toc417709454"></a><a name="_Toc420834668"></a><a name="_Toc447622833"></a><a name="_Toc342292848"></a><a name="_Toc342312958"></a><a name="_Toc426616028"></a><a name="_Ref426616122"></a><a name="_Toc436815038"></a><a name="_Ref50128616"></a><a name="_Toc51231678"></a><a name="_Toc57110232"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Notification of Dispute</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">A Party claiming that a Dispute has arisen must notify the other Party to the Dispute specifying the nature of and giving details of the Dispute.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">9.3</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763647"></a><a name="_Toc417709455"></a><a name="_Toc420834669"></a><a name="_Toc447622834"></a><a name="_Toc342292849"></a><a name="_Toc342312959"></a><a name="_Toc426616029"></a><a name="_Toc436815039"></a><a name="_Toc51231679"></a><a name="_Toc57110233"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Reasonable efforts to resolve Dispute</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">During the period of 10 Business Days after a notice is given under clause&#160;9.2 (or longer period agreed in writing by the Parties) (&#8216;<b style="font-weight:bold;">Negotiation Period</b><font style="white-space:pre-wrap;">&#8217;), the Parties must use their reasonable efforts to resolve the Dispute.  </font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">9.4</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763648"></a><a name="_Toc417709456"></a><a name="_Toc420834670"></a><a name="_Toc447622835"></a><a name="_Toc342292850"></a><a name="_Toc342312960"></a><a name="_Toc426616030"></a><a name="_Ref426616134"></a><a name="_Ref426616156"></a><a name="_Toc436815040"></a><a name="_Ref50128639"></a><a name="_Ref50128664"></a><a name="_Toc51231680"></a><a name="_Toc57110234"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Dispute Resolution Process</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">If, within the Negotiation Period, the Dispute is not resolved or an appropriate alternative dispute resolution process is not agreed, then the Parties (or any of them) must:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="display:inline-block;width:0.05pt;"></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">if the dispute is not of a technical nature, refer the dispute to a mediator agreed between the Parties or failing agreement,  appointed by the President for the time being of the Law Society of the Northern Territory for facilitation of mediation in accordance with the mediation rules to be nominated or set down by the mediator.  The Parties must co-operate with the mediator as facilitator.  The costs of the mediation shall be borne equally between the Parties; or</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="display:inline-block;width:0.05pt;"></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref50710467"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">if the dispute is of a technical nature, refer the dispute to an independent expert agreed between them or failing agreement appointed by the Branch Chairman of the Australasian Institute or Mining and Metallurgy &#8211; Darwin Branch or such other person of a similar standing as agreed by the Parties.  The expert must have reasonable qualifications including commercial and practical experience in the area of the dispute. The expert is authorised to inform himself or herself independently as to the facts to which the dispute relates, receive submissions, statements and documents and act upon same, consult with other qualified persons and take such measures as he or she thinks to expedite the resolution of the dispute. The person appointed as an expert under this clause&#160;is deemed not to be an arbitrator but an expert and the law relating to arbitration, including the </font><i style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:italic;font-weight:normal;text-align:left;">Commercial Arbitration (National Uniform Legislation) Act 2011</i><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> will not apply to him or her in his or her determination. The final determination of the expert will be final and binding on the Parties. The costs of the </font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 24</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;"></td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">expert and any advisers to the expert will be borne by the Parties equally. </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Notwithstanding a reference of a Dispute to the dispute resolution procedure in this clause, the Parties shall, so far as it is reasonably practicable, continue to perform and comply with their respective obligations under this Deed to the extent that such obligations are not the subject of that Dispute.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">9.5</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763650"></a><a name="_Toc417709463"></a><a name="_Toc420834672"></a><a name="_Toc447622837"></a><a name="_Toc342292851"></a><a name="_Toc342312961"></a><a name="_Toc426616031"></a><a name="_Toc436815041"></a><a name="_Toc51231681"></a><a name="_Toc57110235"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Commencing Proceedings</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">A Party may commence court proceedings after that Party has complied with the Dispute resolution process provided for in clause&#160;9.4<b style="font-weight:bold;">.</b></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">9.6</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763651"></a><a name="_Toc417709466"></a><a name="_Toc420834673"></a><a name="_Toc447622838"></a><a name="_Toc342292852"></a><a name="_Toc342312962"></a><a name="_Toc426616032"></a><a name="_Toc436815042"></a><a name="_Toc51231682"></a><a name="_Toc57110236"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Breach of this clause</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">If, in relation to a Dispute, a Party breaches any provision of this clause&#160;9, the other Parties need not comply with those clauses&#160;in relation to that Dispute.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">9.7</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc342292853"></a><a name="_Toc342312963"></a><a name="_Toc426616033"></a><a name="_Toc436815043"></a><a name="_Toc51231683"></a><a name="_Toc57110237"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Exception</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">This clause&#160;and the Dispute resolution process provided for in clause&#160;9.4 does not apply to a Royalty Dispute. </p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;margin-bottom:12pt;margin-top:30pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#898f4b;font-family:'Arial';font-size:14pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;border-bottom:1.0pt solid #898f4b;padding:0pt;">10.</td><td style="border-bottom:1.0pt solid #898f4b;padding:0pt;"><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref54076228"></a><a name="_Ref54076243"></a><a name="_Ref54076251"></a><a name="_Toc57110238"></a><a name="_Toc436815044"></a><a name="_Toc51231684"></a><a name="_Toc414763673"></a><a name="_Toc417709521"></a><a name="_Toc420834695"></a><a name="_Toc447622861"></a><a name="_Toc342292854"></a><a name="_Toc342312964"></a><a name="_Toc426616034"></a></font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;">Confidentiality</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">10.1</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref54076199"></a><a name="_Toc57110239"></a><a name="_Toc377990286"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Acknowledgement</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">Each Recipient, acknowledges and agrees that the Confidential Information of the Discloser is confidential and of significant commercial value to the Discloser and that any unauthorised disclosure of the Confidential Information would cause Loss to the Discloser.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">10.2</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref54076210"></a><a name="_Toc57110240"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Non-disclosure of Confidential Information</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">A Recipient must not disclose or cause or permit the disclosure of Confidential Information except:</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">with the written consent of the Discloser, which consent may be given or withheld in its absolute discretion; or</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">as permitted under this Deed.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">10.3</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc57110241"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Permitted disclosure</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">A Recipient may disclose Confidential Information:</p></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 25</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">to the employees, accountants, auditors, consultants, financial advisers or legal advisers of the Recipient or its Related Bodies Corporate (each a </font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Permitted Person</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">), provided that the Recipient must:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">inform each Permitted Person of the Recipient&#39;s obligations under this agreement and that such Confidential Information is confidential to the Discloser; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">procure that each Permitted Person acknowledges the matters noted in clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">10.1</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> and strictly observes the Recipient&#39;s obligations under clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">10.2</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> as if those obligations were imposed on that person and any act or omission by a Permitted Person is deemed to be an act or omission of the Recipient.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">if the Recipient, or a Related Body Corporate of the Recipient is required to do so:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(A)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">by Law;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(B)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">under any order or rule of an Authority; or</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(C)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">under the listing rules or rules of any stock exchange or other regulatory body (if applicable), </font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-indent:0pt;margin:12pt 0pt 12pt 70.9pt;">provided that prior to making the disclosure (except where providing prior notice is prohibited by the applicable Law, order or rule, as soon as legally possible), the Recipient must (and must procure that each Permitted Person):</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(D)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">gives reasonable written notice to the Discloser of the Confidential Information required to be disclosed, to whom and the basis on which the Confidential Information is required to be disclosed; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(E)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">if requested by the Discloser, consult with the Discloser in relation to any reasonable concerns of the Discloser as to the form of any such disclosure.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">if disclosure is made on a confidential basis to:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">a prospective farminee or assignee of the Recipient&#39;s rights and obligations under the Agreements and this Deed or of all or part of a Mineral Lease or an interest in a Mineral Lease; or</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">a proposed purchaser of Gold; or</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">a prospective financier of the Party or its Related Bodies Corporate; or</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iv)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">another Third Party which proposes to enter into contractual relations with the Party,</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 70.9pt;">provided the farminee, assignee, purchaser, financier or other Third Party agrees to keep the disclosed information confidential in accordance with this clause 10.</p></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 26</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt 0pt 12pt 35.45pt;">For the avoidance of doubt, the Recipient acknowledges and agrees that a disclosure under this clause does not of itself result in any Confidential Information being deemed to be generally available in the public domain.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">10.4</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc57110242"></a><a name="_Toc377990289"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Breach</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Recipient must immediately notify the Discloser if it suspects, or becomes aware of, any actual or potential disclosure, storage, copying, access to, use or loss of the Discloser&#39;s Confidential Information except in accordance with this Deed.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Recipient acknowledges that damages may be inadequate compensation for breach of this </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">10</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> and, subject to the court&#39;s discretion, consents to the Discloser and its Related Bodies Corporate seeking specific performance, injunctive relief or similar remedy as a remedy for any conduct or threatened conduct which is or would be a breach of this </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">10</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> in addition to any other remedies available at law or in equity under or independently of this </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Deed or the Agreements. </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">10.5</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc57110243"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Survival of termination</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">This confidentiality clause continues to bind a person, notwithstanding that:</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">that person ceases to be a party to the Agreements or this Deed; or </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Agreements or this Deed are terminated for any reason,</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">for a period of 5 years from the date of such cessation or termination (as the case may be).</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;margin-bottom:12pt;margin-top:30pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#898f4b;font-family:'Arial';font-size:14pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;border-bottom:1.0pt solid #898f4b;padding:0pt;">11.</td><td style="border-bottom:1.0pt solid #898f4b;padding:0pt;"><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc57110244"></a></font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;">Goods and Services Tax</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">11.1</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc436815045"></a><a name="_Toc51231685"></a><a name="_Toc57110245"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">GST exclusive amounts</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">All amounts payable under or in connection with this Deed are exclusive of GST unless indicated otherwise.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">11.2</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc436815046"></a><a name="_Toc51231686"></a><a name="_Toc57110246"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Payment of GST</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">A Recipient of a Taxable Supply under or in connection with this Deed:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">must pay to the Supplier, in addition to the Consideration for the Taxable Supply, an amount equal to any GST paid or payable by the Supplier in respect of the Taxable Supply; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">must make such payment to the Supplier as and when the Consideration or part of it is provided, except that the Recipient need </font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 27</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;"></td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">not pay unless the Recipient has received a Tax Invoice (or an Adjustment Note) for that Taxable Supply.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Any additional amount of Consideration payable under this clause is payable at the same time, to the same extent, and in the same manner as the Consideration for the Taxable Supply and only in exchange for a Tax Invoice.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">11.3</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc436815047"></a><a name="_Toc51231687"></a><a name="_Toc57110247"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">GST Adjustments</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">If a party becomes aware that the actual amount of GST payable on a Supply made in connection with this deed is more or less than the amount paid by the Recipient of the Supply, the difference on the amount payable must be paid or refunded, as applicable, by or to the relevant party promptly after the actual amount of GST on the Supply is paid or can be clearly ascertained, and an Adjustment Note is issued as required by the GST Law.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">11.4</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc436815048"></a><a name="_Toc51231688"></a><a name="_Toc57110248"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Definitions</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">In this clause, the following terms have the same meaning as in the GST Law:</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;"><b style="font-weight:bold;">Adjustment Note, Consideration, GST, Recipient, Supplier, Supply, Tax Invoice and Taxable Supply.</b></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;margin-bottom:12pt;margin-top:30pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#898f4b;font-family:'Arial';font-size:14pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;border-bottom:1.0pt solid #898f4b;padding:0pt;">12.</td><td style="border-bottom:1.0pt solid #898f4b;padding:0pt;"><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc436815049"></a><a name="_Ref50128756"></a><a name="_Toc51231689"></a><a name="_Toc57110249"></a></font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:14pt;font-style:normal;font-weight:normal;text-align:left;">General</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.1</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref50128728"></a><a name="_Toc51231690"></a><a name="_Toc57110250"></a><a name="_Toc342292855"></a><a name="_Toc342312965"></a><a name="_Toc426616035"></a><a name="_Toc436815050"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Dealings</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties must do all things reasonably necessary to register, or procure the registration of, this Deed as a General Dealing under the Act</font><i style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:italic;font-weight:normal;text-align:left;">.</i><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref50704297"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Subject to clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">12.1</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(c)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> and clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">12.1</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(d)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> no Party may assign its rights or transfer its obligations under this Deed unless it obtains the prior written consent of all Parties, whose consent shall not be unreasonably withheld or delayed and the Parties expressly acknowledge and agree that any transfer or assignment made otherwise than in conformity with these provisions will be of no effect and not binding on the other Parties.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref50702816"></a><a name="_Ref51055358"></a><a name="_Ref50708052"></a><a name="_Ref50119132"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Before offering or accepting an offer to transfer or assign its right to receive the Royalty Payments under clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">2.2</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> (the </font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Royalty</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">), the Association shall by written notice (an </font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Invitation</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">) first invite Vista or a Related Body Corporate of Vista, to make an offer to the Association (an </font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Offer</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">) within twenty (20) Business Days of receipt of the Invitation (</font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Invitation Period</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">) to acquire the Royalty. </font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 70.9pt;">In respect of each Invitation and Offer:</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">an Invitation may only be made once in each twelve (12) month period and must specifically make reference to it being made under this clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">12.1</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(c)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">;</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 28</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">an Offer must be in writing, set out the terms applicable to the Offer and remain open for acceptance by the Association for a period of twenty (20) Business Days (</font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Acceptance Period</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">);</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">it is acknowledged and agreed that any Offer is Commercially Sensitive Information, the content and existence of which must be kept confidential and not disclosed by the Association to any Third Party;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iv)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">if an Offer is accepted by the Association, the sale of the Royalty must be completed within sixty (60) Business Days of receipt by Vista or its Related Body Corporate (as the case may be) of a written notice of acceptance of the Offer or such other period as the Parties may agree;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(v)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">if:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(A)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">neither Vista nor one of its Related Bodies Corporate makes an Offer during an Invitation Period; or</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(B)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association does not accept the Offer made by Vista or one of its Related Bodies Corporate (as the case may be) within the Acceptance Period, </font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 106.3pt;">then the Association may no later than One Hundred and Twenty (120) Business Days after giving the Invitation to Vista, assign the Royalty to a Third Party for a price and terms not less advantageous to the Association than those contained in the Offer (if any) and subject to consent under clause 12.1(b);</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(vi)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref51231160"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Association must provide to Vista the terms of the proposed sale or assignment to any Third Party (</font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Third Party Offer</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">) and it is acknowledged and agreed that such information is Confidential Information, which must be kept confidential and only disclosed by Vista to the Guarantor, the respective officers and advisers of Vista and the Guarantor, as required by Law or by any Authority (including any stock exchange) or for the purposes of enforcing the terms of this Deed;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(vii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref51055363"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista must provide written notice to the Association if it contends that the price and terms of the Third Party Offer are less advantageous to the Association than those contained in the Offer (if any), no later than twenty (20) Business Days after receipt of the terms of the Third Party Offer under clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">12.1</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(c)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(vi)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(viii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref51233116"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">any dispute arising under this clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">12.1</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(c)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> shall be resolved in accordance with clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">9</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">.  Any sale to a Third Party must not proceed or be completed unless and until the Parties agree in writing or an expert appointed under clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">9.4(a)(ii)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> determines that the price and terms of the Third Party Offer are not less advantageous to the Association than those contained in the Offer (if any); </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ix)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref51232988"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">if it is determined or agreed under clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">12.1</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(c)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(viii)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> that the price and the terms of the Third Party Offer are less advantageous to the Association than those contained in the Offer (the date of such </font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 29</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;"></td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">determination or agreement being the </font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Relevant Date</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">), in consideration of the terms of this Deed, Vista or its Related Body Corporate, as the case may be (in this sub-clause the </font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Grantee</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">) is granted and will have an option (the </font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Option</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">) to acquire the Royalty on equivalent terms of the Third Party Offer and subject to the following terms and conditions:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(A)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref51232991"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Option may only be exercised by the Grantee delivering to the Association a written notice of exercise of the Option within twenty (20) Business Days after the Relevant Date and providing the sale of the Royalty shall be completed within sixty (60) Business Days follow written notice of exercise of the Option;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(B)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">upon exercise of the Option by the Grantee, the Association will transfer and assign the Royalty to the Grantee for the price and on the terms and conditions of the Third Party Offer, with any dates or time periods adjusted to provide for the provisions of clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">12.1</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(c)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(ix)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(A)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">; and </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(C)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the Parties will do all such things and execute all such documents as may be necessary or reasonably desirable in order to complete the transfer and assignment of the Royalty from the Association to the Grantee;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(x)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista and the Association agree that damages are not an adequate remedy for any breach of this obligation and that Vista may seek injunctive relief; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(xi)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">time shall be of the essence in the construction of this clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">12.1</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(c)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref50702825"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista may sell, transfer, grant, assign or otherwise dispose of (&#8216;</font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Transfer</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">&#8217;) or grant an Encumbrance over all, part of, or any interest or right in, any of the Mineral Leases, to a Third Party provided that:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref50128770"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">in respect of a Transfer:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(A)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref50128773"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">the transferee, assignee or other recipient of the interest and rights being the subject of the Transfer (the &#8216;</font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Transferee&#8217;</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">) has first executed and delivered to the Association an Assumption Deed in favour of the Association executed by the Transferee; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:106.3pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(B)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">subject to the execution of an undertaking as provided under sub-clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">12.1</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(d)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(i)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(A)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">, Vista and the Guarantor shall thereupon be freed, released and forever discharged from any further liability or obligation under this Deed in respect of the Assigned Interest; </font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;text-indent:0pt;margin:12pt 0pt 12pt 70.9pt;">or</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">in respect of an Encumbrance, the Encumbrance is expressly subject to the Royalty Payments and which is accompanied by an Assumption </font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 30</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;"></td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Deed in favour of the Association under which the Encumbrancee agrees to be bound by the terms of this Deed in exercising the Encumbrancee&#8217;s powers or remedies under the Encumbrance, as if it was a party to this Deed.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(e)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties acknowledge and agree that Vista, or its assigns, shall have the exclusive right to market and sell to third parties Gold produced from the Mt Todd Project Area in any manner it chooses, including without limitation the forward sale of Gold, the repayment of gold loans, the purchase and or sale of options and other hedging activities (&#8216;</font><b style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">Hedging</b><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">&#8217;). The Association will have no right to participate or obligation to share in any of these Hedging activities or the gains and losses arising. </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.2</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc51231691"></a><a name="_Toc57110251"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Governing Law</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">This Deed shall be governed by and construed in accordance with the law from time to time in force in the Northern Territory of Australia and the Parties agree to submit to the non-exclusive jurisdiction of the Courts of that Territory at Darwin and all Courts competent to hear appeals therefrom.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.3</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc342292856"></a><a name="_Toc342312966"></a><a name="_Toc426616036"></a><a name="_Toc436815051"></a><a name="_Toc51231692"></a><a name="_Toc57110252"></a><a name="_Toc414763675"></a><a name="_Toc417709523"></a><a name="_Toc420834697"></a><a name="_Toc447622863"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Entire Agreement</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">These covenants, provisions, terms and conditions of this Deed and the Agreements, as amended by this Deed:</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">constitutes the entire agreement between the Parties as to its subject matter;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">in relation to that subject matter, supersedes any prior understanding or agreement between the Parties and any prior condition, warranty, indemnity or representation imposed, given or made by a Party; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">may only be amended in writing signed by all Parties.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.4</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc342292857"></a><a name="_Toc342312967"></a><a name="_Toc426616037"></a><a name="_Toc436815052"></a><a name="_Toc51231693"></a><a name="_Toc57110253"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Effecting the agreement</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">Each of the Parties agree that they will from time to time and at all times at the request of the other, execute and deliver such deeds, assignments, notices, consents, instruments, writings, documents or other evidence and execute, give and do all such assurances and things as shall be necessary or desirable to perform its obligations under this Deed or otherwise implement the provisions of this Deed in a timely manner.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.5</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc342292859"></a><a name="_Toc342312969"></a><a name="_Toc426616039"></a><a name="_Toc436815053"></a><a name="_Toc51231694"></a><a name="_Toc57110254"></a><a name="_Toc414763676"></a><a name="_Toc417709526"></a><a name="_Toc420834698"></a><a name="_Toc447622864"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Waiver</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Any non-exercise or delay in the exercise of any power or right by a Party does not operate as a waiver of that power or right, nor does any single exercise of a power or right preclude any other or further exercise of it or the exercise of any other power or right.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">No waiver by a Party of any provision of this Deed shall be binding unless made in writing and any such waiver shall only relate to the specific matter, non-</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 31</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;"></td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">compliance or breach in respect of which it is given and shall not apply to any subsequent or other matter, non-compliance or breach.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.6</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc342292860"></a><a name="_Toc342312970"></a><a name="_Toc426616040"></a><a name="_Toc436815054"></a><a name="_Toc51231695"></a><a name="_Toc57110255"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Severability</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Any provision in this Deed which is invalid or unenforceable:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">if it is possible to do so, is to be read down so as to be valid and enforceable; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">if it is not possible to be read down, is to be severed to the extent of the invalidity or unenforceability.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Parties shall attempt to renegotiate any provision of this Deed affected by the operation of this clause.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.7</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc342292861"></a><a name="_Toc342312971"></a><a name="_Toc426616041"></a><a name="_Ref448498174"></a><a name="_Toc436815055"></a><a name="_Ref50128874"></a><a name="_Toc51231696"></a><a name="_Toc57110256"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Notices</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref448498177"></a><a name="_Toc417709529"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Any notice, request or other communication to be given or served pursuant to this Deed shall be in writing addressed as the case may be as follows:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Association:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:70.9pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:49.6pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">Delivery: </p></td><td style="padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">[REDACTED: Address, Personal Information]</p></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:70.9pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:49.6pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">Post:</p></td><td style="padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">[REDACTED: Address, Personal Information]<br><font style="margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:70.9pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:49.6pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">Email: </p></td><td style="padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">[REDACTED: Email address, Personal Information]</p></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-left:49.6pt;text-indent:-49.6pt;margin:12pt 0pt 12pt 70.9pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Corporation:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:70.9pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:49.6pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">Delivery: </p></td><td style="padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">[REDACTED: Address, Personal Information]</p></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:70.9pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:49.6pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">Post:</p></td><td style="padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">[REDACTED: Address, Personal Information]<br><font style="margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:70.9pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:49.6pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">Email: </p></td><td style="padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">[REDACTED: Email address, Personal Information]</p></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-left:49.6pt;text-indent:-49.6pt;margin:12pt 0pt 12pt 70.9pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista: </font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-left:49.6pt;text-indent:-49.6pt;margin:12pt 0pt 12pt 70.9pt;">[REDACTED: Name, Personal Information]</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-left:49.6pt;text-indent:-49.6pt;margin:12pt 0pt 12pt 70.9pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:70.9pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:49.6pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">Delivery:</p></td><td style="padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">[REDACTED: Address, Personal Information]<br><font style="margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 32</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:70.9pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:49.6pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;min-height:13.0pt;">Post:</p></td><td style="padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;min-height:13.0pt;">[REDACTED: Address, Personal Information]<br><font style="margin-left:0pt;margin-right:0pt;margin-top:12pt;visibility:hidden;">&#8203;</font></p></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:70.9pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:49.6pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">Email: </p></td><td style="padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;"> [REDACTED: Email address, Personal Information] </p></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-left:49.6pt;text-indent:-49.6pt;margin:12pt 0pt 12pt 70.9pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iv)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">The Guarantor:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:70.9pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:49.6pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">Delivery:</p></td><td style="padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">7961 Shaffer Parkway, Suite 5<br>Littleton, Colorado 80127<br>United States of America<br><font style="margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:70.9pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:49.6pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">Post:</p></td><td style="padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">7961 Shaffer Parkway, Suite 5<br>Littleton, Colorado 80127<br>United States of America</p></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:70.9pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:49.6pt;padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">Email:</p></td><td style="padding:0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;min-height:13.0pt;">[REDACTED: Email address, Personal Information]<b style="font-weight:bold;"> </b></p></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 70.9pt;">or to such other address as may be nominated, in writing from time to time.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Any such notice, request or other communication shall be in writing and delivered by hand, sent by pre-paid registered post or by email to the address of the Party to which it is sent as set out in clause </font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">12.7</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(a)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"> and shall be deemed to have been given:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(i)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">if delivered by hand before 5.00p.m. on a Business Day &#8211; when delivered to that address; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">if posted to or from a place within Australia by registered post to an address set out above, at 9.00&#160;am on the sixth Business Day after the date of posting;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">if posted to or from a place outside Australia by airmail to an address set out above, at 9.00&#160;am on the tenth Business Day after the date of posting;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:70.9pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.4pt;padding:0pt;">(iv)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">if sent by email to an email address set out above, when the email (including any attachment) is sent to the receiving party at that email address, unless the sending party receives a notification of delivery failure within 24&#160;hours of the email being sent.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.8</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763684"></a><a name="_Toc417709547"></a><a name="_Toc420834706"></a><a name="_Toc447622872"></a><a name="_Toc342292862"></a><a name="_Toc342312972"></a><a name="_Toc426616042"></a><a name="_Toc436815056"></a><a name="_Toc51231697"></a><a name="_Toc57110257"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Counterparts</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">This Deed may be executed in any number of counterparts and all of those counterparts will together form one and the same instrument. A copy of a counterpart sent by facsimile machine, electronic mail (in PDF format) or other similar electronic means must be treated as an original counterpart.</p></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 33</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.9</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763685"></a><a name="_Toc417709548"></a><a name="_Toc420834707"></a><a name="_Toc447622873"></a><a name="_Toc342292863"></a><a name="_Toc342312973"></a><a name="_Toc426616043"></a><a name="_Toc436815057"></a><a name="_Toc51231698"></a><a name="_Toc57110258"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Consents and Approval</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;">Except where expressly provided as being in the discretion of a Party, where agreement, approval, acceptance, consent, or similar action by a Party is required under this Deed, that action will not be unreasonably delayed or withheld.  </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">An approval or consent given by a Party under this Deed will not relieve the other Parties from responsibility for complying with the requirements of this Deed, nor will it be construed as a waiver of any rights under this Deed, except as and to the extent otherwise expressly provided in such approval or consent.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.10</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763686"></a><a name="_Toc417709549"></a><a name="_Toc420834708"></a><a name="_Toc447622874"></a><a name="_Toc342292864"></a><a name="_Toc342312974"></a><a name="_Toc426616044"></a><a name="_Toc436815058"></a><a name="_Toc51231699"></a><a name="_Toc57110259"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Cumulative Rights</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">A right, power, remedy, entitlement or privilege given or granted to a Party under this Deed is cumulative with, without prejudice to and not exclusive of any other right, power, remedy, entitlement or privilege granted or given under this Deed or by Law.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.11</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763687"></a><a name="_Toc417709550"></a><a name="_Toc420834709"></a><a name="_Toc447622875"></a><a name="_Toc342292865"></a><a name="_Toc342312975"></a><a name="_Toc426616045"></a><a name="_Toc436815059"></a><a name="_Toc51231700"></a><a name="_Toc57110260"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Reading Down</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">If a provision of this Deed is reasonably capable of an interpretation which would make that provision valid and enforceable and an alternative interpretation that would make it unenforceable, illegal, invalid or void then that provision will be interpreted or construed, so far as is possible, to be limited and read down to the extent necessary to make it valid and enforceable.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.12</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763688"></a><a name="_Toc417709551"></a><a name="_Toc420834710"></a><a name="_Toc447622876"></a><a name="_Toc342292866"></a><a name="_Toc342312976"></a><a name="_Toc426616046"></a><a name="_Toc436815060"></a><a name="_Toc51231701"></a><a name="_Toc57110261"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Contra Proferentum</font></td></tr></table><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 35.45pt;">No rule of construction will apply in the interpretation of this Deed to the disadvantage of one Party on the basis that such Party put forward or drafted this Deed or any provision of this Deed.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial Bold';font-size:11pt;margin-bottom:12pt;margin-top:18pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#57584f;font-family:'Arial';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">12.13</td><td style="padding:0pt;"><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Toc414763689"></a><a name="_Toc417709552"></a><a name="_Toc420834711"></a><a name="_Toc447622877"></a><a name="_Toc342292867"></a><a name="_Toc342312977"></a><a name="_Toc426616047"></a><a name="_Toc436815061"></a><a name="_Ref50128908"></a><a name="_Toc51231702"></a><a name="_Toc57110262"></a></font><font style="color:#57584f;font-family:'Arial Bold';font-size:11pt;font-style:normal;font-weight:normal;text-align:left;">Costs</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref50128910"></a></font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Vista agrees to make a one-off contribution towards the reasonable costs of the Association in obtaining legal and other advice as may be required in relation to the negotiation, preparation, execution, delivery and performance of this Deed and of any related documentation, up to maximum amount of $[REDACTED: Amount, Commercially Sensitive Information].</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Subject to sub-clause&#160;</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">12.13</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">(a)</font><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;white-space:pre-wrap;"> the Parties agree to bear their own legal and other costs and expenses of, and incidental to, the negotiation, preparation, execution, delivery and performance of this Deed and of any related documentation, including any waiver of or amendment to this Deed.  </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:35.45pt;"></td><td style="font-family:'Arial';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:35.45pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="color:#000000;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Any stamp duty which may be payable or determined to be payable on or in connection with this Deed shall be borne and paid by Vista.</font></td></tr></table></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 34</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:15pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="color:#898f4b;font-family:'Arial';font-size:15pt;vertical-align:text-top;white-space:nowrap;width:106.3pt;padding:0pt;">Annexure A</td><td style="padding:0pt;"><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:15pt;font-style:normal;font-weight:normal;text-align:left;"><a name="_Ref50118485"></a><a name="_Toc57110263"></a></font><font style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:15pt;font-style:normal;font-weight:normal;text-align:left;">Relevant Percentage</font></td></tr></table><div style="margin-top:30pt;"></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 0pt;">(<i style="font-style:italic;">Refer clause </i><i style="font-style:italic;">1.1</i><i style="font-style:italic;"> and clause </i><i style="font-style:italic;">2.2(b)</i>)</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 0pt;">The Relevant Percentage shall be determined by reference to the applicable Gold price and Exchange Rates set out in the following table as at the Calculation Date.</p><div><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:-9.10791%;width:118.21%;" align="center"><tr style="height:1pt;"><td style="vertical-align:top;width:23.74%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:25.87%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:25.87%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:24.5%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="background-color:#bfbfbf;vertical-align:top;width:23.74%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;"><b style="font-weight:bold;">Gold Price</b></p></td><td style="background-color:#bfbfbf;vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;"><b style="font-weight:bold;">Exchange Rate AUD = US$0.80 or less</b></p></td><td style="background-color:#bfbfbf;vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;"><b style="font-weight:bold;">Exchange Rate AUD = more than US$0.80 but not more than US$1.00</b></p></td><td style="background-color:#bfbfbf;vertical-align:top;width:24.5%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;"><b style="font-weight:bold;">Exchange Rate AUD = more than US$1.00</b></p></td></tr><tr><td style="vertical-align:top;width:23.74%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Less than US$1,250</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:24.5%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">0.125%</p></td></tr><tr><td style="vertical-align:top;width:23.74%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">US$1,250 to less than US$1,450</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:24.5%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td></tr><tr><td style="vertical-align:top;width:23.74%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">US$1,450 to less than US$1,850</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:24.5%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td></tr><tr><td style="vertical-align:top;width:23.74%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">US$1,850 to less than US$2,050</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:24.5%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td></tr><tr><td style="vertical-align:top;width:23.74%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">US$2,050 to less than US$2,250</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:24.5%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td></tr><tr><td style="vertical-align:top;width:23.74%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">US$2,250 to less than US$2,450</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:24.5%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td></tr><tr><td style="vertical-align:top;width:23.74%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;margin:6pt 0pt 6pt 0pt;">Equal to or Greater than US$2,450</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">2.000%</p></td><td style="vertical-align:top;width:25.87%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td><td style="vertical-align:top;width:24.5%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;min-height:13.0pt;text-align:center;margin:6pt 0pt 6pt 0pt;">[REDACTED: Percentage, Commercially Sensitive Information]</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 35</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt 0pt 12pt 0pt;">For example:</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:12pt 0pt 12pt 0pt;">[REDACTED: Examples, Commercially Sensitive Information]</p></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 36</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="color:#898f4b;font-family:'Arial','Helvetica','sans-serif';font-size:15pt;min-height:13.0pt;margin:12pt 0pt 30pt 0pt;"><a name="_Toc368396339"></a><a name="_Toc368400435"></a><a name="_Toc370809021"></a><a name="_Toc436815062"></a><a name="_Toc51231703"></a><a name="_Toc57110264"></a>Signing page</p><p style="color:#57584f;font-family:'Arial','Helvetica','sans-serif';font-size:12pt;min-height:13.0pt;margin:12pt 0pt 12pt 0pt;">Executed as a deed</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="Exec"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><b style="font-weight:bold;">The Common Seal</b> of <b style="font-weight:bold;">Jawoyn Association Aboriginal Corporation </b>was duly affixed in accordance with its Constitution by: </p></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;"><i style="font-style:italic;">/s/ [REDACTED: Name, Personal Information]</i></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Signature of Director</p></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;"><i style="font-style:italic;">/s/ [REDACTED: Name, Personal Information]</i></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Signature of Director/Company Secretary</p></td></tr><tr><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;">[REDACTED: Name, Personal Information]</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Full name (print)</p></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;">[REDACTED: Name, Personal Information]</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Full name (print)</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><b style="font-weight:bold;">The Common Seal</b> of <b style="font-weight:bold;">Barnjarn Aboriginal Corporation </b>was duly affixed in accordance with its Constitution by: </p></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;"><i style="font-style:italic;">/s/ [REDACTED: Name, Personal Information]</i></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Signature of Director</p></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;"><i style="font-style:italic;">/s/ [REDACTED: Name, Personal Information]</i></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Signature of Director/Company Secretary</p></td></tr><tr><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;">[REDACTED: Name, Personal Information]</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Full name (print)</p></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;">[REDACTED: Name, Personal Information]</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Full name (print)</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><b style="font-weight:bold;">Executed </b>by <b style="font-weight:bold;">Vista Gold Australia Pty Ltd </b>in accordance with section&#160;127 of the <i style="font-style:italic;">Corporations Act 2001 </i>(Cth) by:</p></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;"><i style="font-style:italic;">/s/ [REDACTED: Name, Personal Information]</i></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Signature of Director</p></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;"><i style="font-style:italic;">/s/ [REDACTED: Name, Personal Information]</i></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Signature of Director/Company Secretary</p></td></tr><tr><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;">[REDACTED: Name, Personal Information]</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Full name (print)</p></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;">[REDACTED: Name, Personal Information]</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Full name (print)</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 37</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:always;width:71.43%;border-width:0;"><div style="max-width:100%;padding-left:14.29%;padding-right:14.29%;position:relative;"><div style="margin-top:30pt;min-height:49.6pt;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-bottom:2.85pt;table-layout:fixed;width:100%;"><tr><td style="vertical-align:bottom;width:61.33%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;width:38.66%;margin:0pt;padding:0pt 5.4pt 2.84pt 5.4pt;"><div style="clear:both;"></div><div style="clear:right;float:right;height:28.1pt;margin-left:9pt;width:101.95pt;z-index:-9223372036603117568;"><div style="height:28.1pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:101.95pt;"><img src="vgz-20201126ex1016cdce1003.jpg" alt="Graphic" style="height:28.1pt;width:101.95pt;"></div></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><b style="font-weight:bold;">Executed </b>by <b style="font-weight:bold;white-space:pre-wrap;">Vista Gold Corp.  </b>in accordance with its Articles by:</p></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;"><i style="font-style:italic;">/s/ [REDACTED: Name, Personal Information]</i></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Signature of Chief Executive Officer</p></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;"><i style="font-style:italic;">/s/ [REDACTED: Name, Personal Information]</i></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Signature of Chief Financial Officer</p></td></tr><tr><td style="vertical-align:top;width:47.85%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;">[REDACTED: Name, Personal Information]</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Full name (print)</p></td><td style="vertical-align:top;width:4.3%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:47.84%;margin:0pt;padding:0pt 5.4pt 0pt 0pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;padding-bottom:1pt;border-bottom:1px solid #000000;margin:0pt;">[REDACTED: Name, Personal Information]</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;">Full name (print)</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:49.6pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><a name="_iDocIDFielde28a57fb-5535-4de9-9969-5652"></a><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;margin:3pt 0pt 3pt 0pt;">Deed of Variation</p></td><td style="vertical-align:top;width:49.81%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:7pt;line-height:1.19;text-align:right;margin:3pt 0pt 3pt 0pt;">Page 38</p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;min-height:13.0pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-left:14.29%;margin-right:14.29%;margin-top:30pt;page-break-after:avoid;width:71.43%;border-width:0;"></body></html>
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<!--Enhanced HTML document created with Toppan Merrill Bridge  9.7.0.58--><!--Created on: 12/2/2020 10:25:42 PM (UTC)--><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head><meta charset="UTF-8"><title></title></head><body><div style="margin-top:30pt;"></div><div style="max-width:100%;padding-left:8.24%;padding-right:8.82%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:right;margin:0pt 0pt 10pt 0pt;"><b style="font-family:'Times New Roman','Times','serif';font-weight:bold;">Exhibit 99.1</b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:center;margin:0pt 0pt 10pt 0pt;"><img src="vgz-20201126ex991a5d1a8001.jpg" alt="Graphic" style="display:inline-block;height:130.9pt;width:507.6pt;"></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.19;text-align:center;margin:0pt;"><b style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-weight:bold;">Vista Gold Corp. and the Jawoyn Association Modify Agreement to Include a </b><b style="color:#292b2c;font-family:'Times New Roman','Times','serif';font-size:12pt;font-weight:bold;">Royalty and </b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.19;text-align:center;margin:0pt;"><b style="color:#292b2c;font-family:'Times New Roman','Times','serif';font-size:12pt;font-weight:bold;">Mutual Cooperation and Support Commitments</b></p><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;padding-bottom:14pt;text-align:justify;margin:14pt 0pt 0pt 0pt;"><b style="font-weight:bold;">Denver, Colorado, November 30, 2020</b> &#8211; Vista Gold Corp. (NYSE American and TSX: VGZ) (&#8220;Vista&#8221; or the &#8220;Company&#8221;) today <font style="color:#292b2c;">announced that the Company, </font><a name="_Hlk50030459"></a><font style="color:#292b2c;">Jawoyn Association Aboriginal Corporation </font><font style="color:#292b2c;">(&#8220;Jawoyn Association&#8221;), and Barnjarn Aboriginal Corporation have entered into a Deed of Variation (the &#8220;Agreement&#8221;) to modify the original 2006 agreement &#160;with respect to the Mt Todd gold project (&#8220;Mt Todd&#8221; or the &#8220;Project&#8221;). </font></p><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;padding-bottom:14pt;text-align:justify;margin:0pt;"><font style="color:#292b2c;">The Agreement provides the Jawoyn Association with a gross proceeds royalty (&#8220;GPR&#8221;) instead of its previous right to become a 10% participating joint venture partner in Mt Todd and provides Vista with greater flexibility in its decisions to develop and operate Mt Todd.</font> In addition, Vista and the Jawoyn Association agreed to establish a leaders forum, formalized the Jawoyn Association&#8217;s strong support for Mt Todd and outlined a framework to optimize training, employment, and contracting opportunities for the Jawoyn people and businesses.</p><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;padding-bottom:14pt;text-align:justify;margin:0pt;"><font style="color:#292b2c;">Frederick Earnest, President and CEO of Vista, stated, &#8220;Our relationship with the Jawoyn people is very important to Vista and is built on trust, mutual respect and open communication over the last 14 years. This Agreement provides Vista with a simplified project structure and the Jawoyn Association with a royalty in place of the risks and obligations of financing a participating interest. &#160;</font></p><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;padding-bottom:14pt;text-align:justify;margin:0pt;"><font style="color:#292b2c;">&#8220;The cooperation and support commitments confirm our shared vision of promoting cross-cultural awareness, protecting cultural heritage sites, and providing economic opportunities for aboriginal people as integral components of the development of Mt Todd. The clarity this Agreement provides will be</font> especially meaningful as we advance to discussions with potential development partners.<font style="color:#292b2c;">&#8221;</font></p><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;padding-bottom:14pt;text-align:justify;margin:0pt;"><u style="text-decoration:underline;text-decoration-color:#000000;">Royalty</u></p><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;padding-bottom:14pt;text-align:justify;margin:0pt;"><a name="_Hlk51309882"></a>Under the terms of the original 2006 agreement, the Jawoyn Association was granted, among other consideration for the use of the surface land required to build and operate Mt Todd, a 1.0% GPR and the right to elect to establish a joint venture with Vista holding a 90% participating interest and the Jawoyn Association holding a 10% participating interest in Mt Todd. Instead of the right to elect to hold a 10% participating interest, the Agreement provides the Jawoyn Association with an additional GPR ranging between 0.125% and 2.000%, depending on prevailing gold prices and foreign exchange rates. The additional GPR would be 1.0% at present market conditions. </p><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;padding-bottom:14pt;text-align:justify;margin:0pt;"><u style="text-decoration:underline;text-decoration-color:#000000;">Social and Cultural</u></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:8.24%;margin-right:8.82%;margin-top:30pt;page-break-after:always;width:82.94%;border-width:0;"><div style="max-width:100%;padding-left:8.24%;padding-right:8.82%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;padding-bottom:14pt;text-align:justify;margin:0pt;">Vista and the Jawoyn Association have agreed to collaboratively promote and advance cross-cultural awareness, develop a regional employment strategy and establish protocols for ongoing protection and management of cultural heritage sites. Additionally, the Company and the Jawoyn Association have established a framework for creating opportunities for training and employment and for the development of aboriginal businesses in a mutually beneficial manner. Vista has long supported, promoted and fostered employment opportunities for aboriginal people at Mt Todd and this framework provides a path for continuing success. Both parties have agreed to work closely together to formalize these initiatives over the next 12 months.</p><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;padding-bottom:14pt;text-align:justify;margin:0pt;"><font style="color:#292b2c;">A leaders forum will be established to provide ongoing coordination between the Company and the Jawoyn Association as part of the shared interest in the development of a project that is expected to provide significant economic benefit for the Jawoyn people, while respecting their culture and traditions.</font> These initiatives reiterate the Jawoyn Association&#8217;s strong support for the Project and Vista&#8217;s unwavering commitment to social and corporate responsibility. </p><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:justify;margin:0pt;">Mr. Earnest concluded, &#8220;As we have advanced Mt Todd, we have enjoyed strong support from the Jawoyn Association, Northern Territory Government and local communities as a result of our environmental management of the Mt Todd site and commitment to responsible development of the Project. This Agreement provides both the Jawoyn Association and Vista with a clear view of the future as we move forward together.&#8221;</p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:14pt 0pt 0pt 0pt;"><b style="font-family:'Times New Roman','Times','serif';font-weight:bold;">About Mt Todd</b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-weight:bold;margin-bottom:10pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Times New Roman','Times','serif';">Mt Todd is designed to be a large-scale, low-cost gold mine located in the mining friendly jurisdiction of Northern Territory, Australia. Situated approximately 250 km southeast of Darwin, Mt Todd is expected to produce approximately 495,000 ounces of gold per year during the first five years of operation with lowest quartile in-country and global all in sustaining costs. Mt Todd&#8217;s extensive 1,100 km</font><sup style="font-family:'Times New Roman','Times','serif';font-size:8.25pt;vertical-align:top;">2</sup><font style="font-family:'Times New Roman','Times','serif';"> of exploration licenses offer excellent potential to expand gold resources and reserves and increase the life of the mine. All major environmental permits have been approved.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Times New Roman','Times','serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.19;text-align:justify;margin:14pt 0pt 0pt 0pt;"><b style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-weight:bold;">About Vista Gold Corp.</b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.19;text-align:justify;margin:14pt 0pt 0pt 0pt;"><font style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:12pt;">Vista is a gold project developer. The Company&#8217;s flagship asset is the Mt Todd gold project in the Tier 1 mining jurisdiction of Northern Territory, Australia. Mt Todd is the largest undeveloped gold project in Australia and, if developed as presently designed, Mt Todd would potentially be the sixth largest gold producer in Australia on an annual basis. </font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.19;padding-bottom:14pt;text-align:justify;margin:14pt 0pt 0pt 0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;">For further information about Vista or the Mt Todd Gold Project, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185 or visit the Company&#8217;s website at </font><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;">www.vistagold.com</font><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;"> to access important information, including the current Technical Report.</font></p><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;padding-bottom:14pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Forward Looking Statements </b></p><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:9pt;line-height:1.19;text-align:justify;margin:0pt;">This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, and U.S. Securities Exchange Act of 1934, as amended, and forward-looking information within the meaning of Canadian securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as the future value of the GPR, continuing strong support for Mt Todd by the Jawoyn Association and the Northern Territory Government, the future value of Mt Todd, that Mt Todd is the largest undeveloped gold project in Australia<font style="color:#292b2c;">, </font>our ongoing efforts to seek development of Mt Todd to potentially be Australia&#8217;s 6<sup style="font-size:6.75pt;vertical-align:top;">th</sup> largest gold producer and produce an average of 495,000 ounces of gold during the first five years of operation with lowest quartile in-country and global all in sustaining costs, &#160;and that </p></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:0.7pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.19;text-align:center;margin:14pt 0pt 0pt 0pt;">2</p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:8.24%;margin-right:8.82%;margin-top:30pt;page-break-after:always;width:82.94%;border-width:0;"><div style="max-width:100%;padding-left:8.24%;padding-right:8.82%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:9pt;line-height:1.19;text-align:justify;margin:0pt;">Mt Todd&#8217;s 1,100 km<sup style="font-size:6.75pt;vertical-align:top;">2</sup> of exploration licenses offer excellent potential to expand resources and reserves and increase the life of the mine are forward-looking statements and forward-looking information. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this press release include the following: our approved business plans, exploration and assay results, results of our test work for process area improvements, mineral resource and reserve estimates and results of preliminary economic assessments, prefeasibility studies and feasibility studies on our projects, if any, our experience with regulators, and positive changes to current economic conditions and the price of gold. When used in this press release, the words &#8220;optimistic,&#8221; &#8220;potential,&#8221; &#8220;indicate,&#8221; &#8220;expect,&#8221; &#8220;intend,&#8221; &#8220;hopes,&#8221; &#8220;believe,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;if,&#8221; &#8220;anticipate,&#8221; and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company&#8217;s future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings &#8220;Note Regarding Forward-Looking Statements&#8221; and &#8220;Risk Factors&#8221; in the Company&#8217;s latest Annual Report on Form 10-K as filed February 26, 2020 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.</p></div><div style="clear:both;display:table;margin-bottom:30pt;min-height:0.7pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.19;text-align:center;margin:0pt;">3</p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.19;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-left:8.24%;margin-right:8.82%;margin-top:30pt;page-break-after:avoid;width:82.94%;border-width:0;"></body></html>
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end
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<DOCUMENT>
<TYPE>EX-101.SCH
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<TEXT>
<XBRL>
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<!--Modified on: 12/2/2020 10:25:51 PM-->
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<DOCUMENT>
<TYPE>EX-101.LAB
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<DESCRIPTION>EX-101.LAB
<TEXT>
<XBRL>
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<!--Modified on: 12/2/2020 10:25:51 PM-->
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      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Narr_hR5k50ddEkKepXnmN_5dNQ">Suite 5</dei:EntityAddressAddressLine2>
    <dei:EntityAddressCityOrTown
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Narr_9g4a3b2xQUWRM6vh9HdnPg">Littleton</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Narr_p5rmmgbEu0CCDKgWgWvdoQ">CO</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Narr_Fn7T8fxd-0SiqFA76dQpow">80127</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Narr_GBQFR85PtkuywB5JPUD3hg">720</dei:CityAreaCode>
    <dei:LocalPhoneNumber
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Narr_MX5RATDvKEqdKMd91EEAQg">981-1185</dei:LocalPhoneNumber>
    <dei:WrittenCommunications
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Tc_lw16q91NdUmk0OsJEaf2qQ_1_0">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Tc_r5c00U9inUmZnP3R5eezQw_2_0">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Tc_KsFmDJO2Fk2r85lEdunlpA_3_0">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Tc_-oqCNTB9tk6eSLhMt6PYIQ_4_0">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Tc_2I2eeRZH1EGjB8F31VQO9w_2_0">Common Shares</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Tc_5RAzCktEbkqRkxHQe8XINg_2_1">VGZ</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Tc_0-SGtEnyfE2nmtyWbbW40w_2_2">NYSEAMER</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany
      contextRef="Duration_11_26_2020_To_11_26_2020_G935YLkzFkuOSaRhxyK6aA"
      id="Narr_oCQCzlNGj0Wac4MuRw-dWQ">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.20.2</span><table class="report" border="0" cellspacing="2" id="idm140632543929064">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>Nov. 26, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Document and Entity Information [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Nov. 26,  2020<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">1-9025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">VISTA GOLD CORP.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">A1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">00-0000000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">7961 Shaffer Parkway<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Adress Line Two</a></td>
<td class="text">Suite 5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Littleton<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">CO<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">80127<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">720<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">981-1185<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Shares<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">VGZ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSEAMER<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000783324<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
