AGENCY AGREEMENTAgency Agreement • June 29th, 2015 • Alberta
Contract Type FiledJune 29th, 2015 JurisdictionJordan Capital Markets Inc., as agent (the "Agent"), understands that DiaMedica Inc. (the "Corporation") proposes to issue and sell (the "Offering") up to 2,778,000 units of securities of the Corporation (the "Initial Units") at a price of $0.90 per unit (the "Offering Price"). In addition, the Agent also understands that the Corporation proposes to grant to the Agent an option (the "Agent's Option"), exercisable in whole or in part by written notice given from time to time on or prior to the thirtieth (30th) day following the Closing Date, to increase the size of the Offering by up to an additional 416,700 units (the units in respect of which the Agent's Option is exercised, the "Option Units" and, together with the Initial Units, the "Offered Units") to be issued and sold at the Offering Price. Each Offered Unit shall consist of one common share in the capital of the Corporation (a "Unit Share") and one-half of one common share purchase warrant (each whole common share purchase warra