INVESTMENT AGREEMENT BETWEEN APPLIED MINERALS, INC. and SLZ CAPITAL MASTER FUND, LP WHITNEY CAPITAL SERIES FUND, LLC – SERIES LS10 DATED SEPTEMBER 30, 2012Investment Agreement • October 1st, 2012 • Applied Minerals, Inc. • Gold and silver ores
This INVESTMENT AGREEMENT (this “Agreement”), dated as of this 30th day of September, 2012, is entered into by and among Applied Minerals, Inc., a Delaware corporation (the “Issuer”), and SLZ Capital Master Fund, LP, Cayman Islands limited partnership and Whitney Capital Series Fund, LLC – Series LS10, a Delaware limited liability company, each an “Investor” and collectively the “Investors.” The Issuer, on the one hand, and the Investors, on the other hand, may be referred to herein individually as a “Party” or collectively as the “Parties.”
