"Pursuant to the Share Sale Agreement, the outstanding loan amount of US$1,969,434.84 will be set-off against the Consideration. The amount of the Consideration to be satisfied by the allotment and issuance of the Vista Gold Consideration Shares to Republic Gold is approximately US$5,030,565.16. Based on the exchange rate of US$1.00 to S$1.2935, the balance amount of US$5,030,565.16 is equivalent to S$6,507,036.04."