FIRST AMENDING AGREEMENT
To the Consulting Agreement dated 24
th of March, 2006
This Agreement is made July 11, 2007;
This is the First Amending Agreement to the
Consulting Agreement made the 24 th of March 2006 by and
between Silverado Gold Mines Ltd. (“Silverado”) and
Smith Canciglia Consulting Inc., Terri D. Smith, and Henry R.
Canciglia (collectively the “Parties”);
Whereas:
A. The Parties wish to clarify the intended
meaning of the words “public relations” as used in
recitals 7 and 9 (found on page 1) of the Consulting Agreement;
and
B. Terri D. Smith (“Smith”) and
Henry R. Canciglia (“Canciglia”) have agreed to expand
their services on behalf of Smith Canciglia Consulting Inc. for
Silverado by increasing their lobbying services in the state of
Mississippi;
Therefore:
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The Parties agree that the intention of the
words “public relations” as used in the 7 th
and 9 th recitals of the Consulting Agreement means the
activities performed by Smith Canciglia Consulting Inc. in the
course of lobbying Members of Congress, specifically the creating
of good will between legislators and Silverado; and
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In consideration of Smith and Canciglia
expanding their services as described in recital B above, Silverado
agrees to issue to them an additional 200,000 shares each on the 15
th day of each month commencing with the month of July
2007 and ending with the month of January 2008.
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IN WITNESS WHEREOF the parties have
executed this Agreement as of the date first above written.
| SILVERADO GOLD MINES LTD. |
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| By: |
/s/ Garry L. Anselmo |
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Garry L. Anselmo |
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President and CEO |
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| SMITH CANCIGLIA CONSULTING,
INC. |
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| By: |
/s/ Henry R. Canciglia |
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By: |
/s/ Terri D. Smith |
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Henry R. Canciglia, President |
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Terri D. Smith, Secretary |
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/s/ Henry R. Canciglia |
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/s/ Terri D. Smith |
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Henry R. Canciglia, Individually |
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Terri D. Smith, Individually |
Page 1 of 6
MEDIA CONSULTING AGREEMENT
THIS MEDIA CONSULTING AGREEMENT (hereinafter
referred to as the “ AGREEMENT ”) made this 11
th day of July, 2007 by and between SILVERADO GOLD MINES
LTD. (“SILVERADO ”) of 1111 West Georgia Street,
Suite 505, Vancouver, B.C., Canada, V6E 4M3 and SCC Management
Corp. (“ SCC ”), and its officers, Terri D.
Smith, President (“ Smith ”) , and Henry
R. Canciglia, Secretary/Treasurer (“ Canciglia
”) of 20949 Lohengrin Court, Ashburn, Virginia 20147,
collectively the parties (“ Parties ”), set
forth the following:
RECITALS
A. WHEREAS
SILVERADO desires to develop and commercialize Low-Rank
Coal-Water Fuel and Hydrothermal Treatment technology (the
“Green Fuel Project”) as a national alternative energy
program that is fully recognized and supported by the U.S. federal
and state governments; and
B. WHEREAS
SILVERADO desires that a comprehensive and strategically
designed media relations program be implemented to effectively
publicize and enhance the image of SILVERADO’s Green
Fuel Project and, from time to time, SILVERADO’s
mining activities; and
C. WHEREAS
SILVERADO desires increased recognition, national prominence
and further desires that SCC design, implement and manage a
comprehensive, strategic media campaign to achieve that goal;
and
D. WHEREAS
SCC is capable of providing SILVERADO media
consulting services (the “Services”) that offers an
aggressive, results-oriented, high-quality, professional program
that is specifically tailored to meet SILVERADO’s
media requirements; and
E. WHEREAS
SCC is willing to provide SILVERADO the Services in
connection with media issues relating to the Green Fuel Project
and, as requested by SILVERADO , its mining activities, as
outlined herein; and
F. WHEREAS
SCC represents a team of professionals who are highly
capable and willing to provide media consulting services to
Silverado under the auspices of SCC : and
G. WHEREAS
SCC is willing to direct and manage such team;
THEREFORE IN
CONSIDERATION of the covenants and agreements contained herein, and
other good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the Parties hereto agree as
follows:
Page 2 of 6
COVENANTS
1. The foregoing
recitals are incorporated herein and are made a substantive part of
the AGREEMENT .
2.
SILVERADO hereby retains, and grants permission and full
authority to SCC to manage that part of SILVERADO
’s media relations relating to the Green Fuel Project and its
mining activities that is mutually agreed upon.
3. SCC
agrees to provide the Services within the limits of authority given
to SCC herein and on behalf of SILVERADO . Specifically,
SCC agrees under the terms of the AGREEMENT to
provide the following Tier Services to and on behalf of
SILVERADO :
BASELINE TIER:
- Develop and implement a results-oriented media strategy to
achieve SILVERADO ’s goals
- Provide the team’s efforts to achieve maximum
effectiveness
- Provide recommendations and assessments to SILVERADO on
media matters
- Perform analysis of current media efforts, including but not
limited to:
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- Earned media (news articles, interviews, etc.)
- Unearned media (paid for advertising such as BTV,
Internet)
- Cost effectiveness for various types of advertising
TIER ONE:
- Generate and/or conduct interviews with general media
outlets
- Generate Mississippi
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