SUBSCRIPTION AGREEMENTSubscription Agreement • February 11th, 2011 • Black Tusk Minerals Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • Washington
Contract Type FiledFebruary 11th, 2011 Company Industry JurisdictionThe undersigned (the “Subscriber”) hereby irrevocably subscribes (the “Subscription”) for and agrees to purchase from Black Tusk Minerals Inc. (the “Corporation”) 7% Convertible Debentures of the Corporation (the “Debentures”) in the principal amount set forth in “Aggregate Subscription Amount” below. The Debentures are convertible at the option of the holder into shares of common stock of the Corporation, par value $0.001 (a “Common Share”) at a conversion price of $0.05 per Common Share and one common share purchase warrant (a “Warrant”) par value $0.001, each Warrant exercisable to acquire one share of common stock of the Corporation, par value $0.001 (“Warrant Share”) , at an exercise price $0.05 per Warrant Share until March 1, 2016 (collectively the Debentures, the Common Shares and the Warrants and the Warrant Shares are referred to herein as the “Securities”). The Subscriber agrees to be bound by the terms and conditions set forth in the attached “Terms and Conditions of Subscr
BLACK TUSK MINERALS INC. (a Nevada corporation) Vancouver, BC V6P 5T2Subscription Agreement • February 11th, 2011 • Black Tusk Minerals Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • Washington
Contract Type FiledFebruary 11th, 2011 Company Industry JurisdictionThe undersigned (the “Subscriber”) hereby irrevocably subscribes (the “Subscription”) for and agrees to purchase from Black Tusk Minerals Inc. (the “Corporation”) Units of the Corporation (the “Units”) at a price of $0.05 per Unit, in the aggregate investment amount set forth in “Aggregate Subscription Amount” below. Each Unit consists of one share of common stock of the Corporation, par value $0.001 (a “Common Share”) and one common share purchase warrant (a “Warrant”), each Warrant exercisable to acquire one share of common stock of the Corporation, par value $0.001 (a “Warrant Share”) at an exercise price of $0.05 per Warrant Share for a period of five (5) years (collectively the Common Shares, the Warrants and the Warrant Shares are referred to herein as the “Securities”). The Subscriber agrees to be bound by the terms and conditions set forth in the attached “Terms and Conditions of Subscription for Units” including without limitation the representations, warranties and covenants