CASSIDY GOLD CORP.

Cassidy Gold entered into an agreement with Island Arc Exploration Corp. to acquire up to a 70% interest in the Nassile gold project located in Niger, West Africa. As consideration for the option and upon acceptance from the TSX Venture Exchange, Cassidy will pay $100,000 and issue 200,000 common shares in the capital of Cassidy to Island Arc. In order to earn a 51% interest in the property, Cassidy is required to spend $1,000,000 on exploration expenditures on or before the first anniversary of receipt of Exchange approval.