0001204459-09-000536 Sample Contracts

SHAREHOLDER PROTECTION RIGHTS PLAN AGREEMENT Dated as of March 2, 2009

Shareholder Protection Rights Plan Agreement • March 31st, 2009 • Tournigan Energy Ltd. • Gold and silver ores • British Columbia

• Contract Type
  Shareholder Protection Rights Plan Agreement
• Filed
  March 31st, 2009
• Company
  Tournigan Energy Ltd.
• Industry
  Gold and silver ores
• Jurisdiction
  British Columbia

THIS SHAREHOLDER PROTECTION RIGHTS PLAN AGREEMENT dated as of March 2, 2009 between Tournigan Energy Ltd. (the “Corporation”), a corporation continued under the laws of British Columbia, and Computershare Investor Services Inc. as Rights Agent (the “Rights Agent”, which term shall include any successor Rights Agent hereunder).