UNDERWRITING AGREEMENTUnderwriting Agreement • July 1st, 2022 • Ontario
Contract Type FiledJuly 1st, 2022 JurisdictionThe undersigned, Red Cloud Securities Inc. (“Red Cloud”), as lead underwriter and sole book-runner, together with Research Capital Corp. (collectively, with Red Cloud, the “Underwriters”) understand that Appia Rare Earths & Uranium Corp. (the “Corporation”) proposes to issue and sell to the Underwriters on an underwritten basis (with a right to substitute purchasers) any combination of the following for aggregate gross proceeds of $7,000,000: