Common Contracts

UNDERWRITING AGREEMENT

Underwriting Agreement • November 13th, 2020 • British Columbia

• Contract Type
  Underwriting Agreement
• Filed
  November 13th, 2020
• Jurisdiction
  British Columbia

Canaccord Genuity Corp. as lead underwriter and sole bookrunner (the “Lead Underwriter”), together with ATB Capital Markets Inc. and Leede Jones Gable Inc. (collectively, the “Underwriters” and each individually, an “Underwriter”) hereby severally, and not jointly, nor jointly and severally, in their respective percentages set out in Section 18 below, offer to purchase from Khiron Life Sciences Corp. (the “Corporation”) and the Corporation hereby agrees to issue and sell to the Underwriters, 28,000,000 units of the Corporation (each, a “Unit”), on an underwritten basis, at the purchase price of $0.45 per Unit (the “Offering Price”), for aggregate gross proceeds of $12,600,000. Each Unit shall be comprised of one common share of the Corporation (each, a “Common Share” and as a constituent of the Unit, a “Unit Share”) and one Common Share purchase warrant of the Corporation (each, a “Warrant”). Each Warrant shall entitle the holder thereof to acquire, subject to adjustment in certain cir