Original 6 months ago subject to the satisfaction (or waiver) of...

Original 6 months ago

subject to the satisfaction (or waiver) of the Conditions Precedent, the consideration for the acquisition of an 85% interest in the issued capital of Winter Garden (Jardin De Invierno SA) shall be the issue of 1,500,000,000 fully paid ordinary shares in the capital of IGS (Consideration Shares) at a deemed pre-consolidation issue price of $0.005 per Share to be issued to the Winter Garden vendors. At all times the Consideration Shares will represent a minimum of 50% of the total enlarged capital structure of the Purchaser post Completion and will be adjusted accordingly.

IGS raising a minimum of $1,000,000 (or such other amount as required to meet the assets test and re-admission criteria of the ASX), through the issue of IGS Shares at a price to be determined by IGS and Winter Garden (Capital Raising), with a minimum net proceeds to www.intgold.com.au IGS of $1,000,000 at closing incorporating the Capital Raising and / or the sale of some of the other assets of the Company (e.g. 9.2m Sante Fe Gold Inc. Shares (OTC:SFEG), USD4m loan owing from Sante Fe);

Enter the pump for the dump!!