ContractAmerican Sands Energy Corp. • February 19th, 2014 • Crude petroleum & natural gas
This warrant and the securities to be issued upon its exercise have not been registered under the U.S. Securities Act of 1933, as amended (the “Act”), and the warrant may not be exercised by or on behalf of any U.S. person unless it is registered under the Act or an exemption from such registration is available. The warrant may not be exercised within the United States and the securities may not be delivered within the United States upon exercise unless registered under the Act or an exemption from such registration is available. For a period of at least six months from the date of this warrant, it may not be offered or sold in the United States or to U.S. persons (other than distributors) unless the securities are registered under the Act, or any exemption from the registration requirements of the Act is available. In addition, hedging transactions involving shares of the issuer may not be conducted unless in compliance with the Act.
