Common Contracts

UNDERWRITING AGREEMENT

Underwriting Agreement • May 18th, 2012 • Alberta

• Contract Type
  Underwriting Agreement
• Filed
  May 18th, 2012
• Jurisdiction
  Alberta

Mackie Research Capital Corporation (the "Lead Underwriter") and Industrial Alliance Securities Inc. (together with the Lead Underwriter, the "Underwriters"), understand that Ridgeline Energy Services Inc. (the "Corporation") proposes to issue and sell 14,286,000 common shares in the capital of the Corporation (the "Purchased Shares") at a price of $0.70 (the "Issue Price") per Purchased Share.