ContractCanyon Resources Corp • May 30th, 2007 • Gold and silver ores • Colorado
THIS WARRANT, AND ANY SECURITIES ACQUIRED UPON THE EXERCISE OF THIS WARRANT, HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR THE SECURITIES LAWS OF ANY STATE, AND NEITHER THIS WARRANT, SUCH SECURITIES NOR ANY INTEREST THEREIN MAY BE SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO A WRITTEN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.
CANYON RESOURCES CORPORATION SERIES B WARRANT TO PURCHASE COMMON STOCKPurchase Common Stock • May 30th, 2007 • Canyon Resources Corp • Gold and silver ores • Colorado
THIS CERTIFIES THAT, for value received, (“Warrantholder”), is entitled to purchase, subject to the provisions of this Warrant, from Canyon Resources Corporation, a Delaware corporation (the “Company”), at any time beginning November 25, 2007 and not later than 5:00 P.M., Mountain time, on the Expiration Date (as defined above) (the “Exercise Period”), at an exercise price per share initially equal to $0.704 (the exercise price in effect being herein called the“Warrant Price”), shares (“Warrant Shares”) of the Company’s common stock, par value $0.01 per share (“Common Stock”). The number of Warrant Shares purchasable upon exercise of this Warrant and the Warrant Price shall be subject to adjustment from time to time as described herein. Notwithstanding any other provision hereof, the Company, in its sole discretion, may reduce the Warrant Price at any time and for such periods of time as the Company deems advisable.
SUBSCRIPTION AGREEMENT FOR CANYON RESOURCES CORPORATIONSubscription Agreement for Canyon Resources Corporation • May 30th, 2007 • Canyon Resources Corp • Gold and silver ores • Colorado
Canyon Resources Corporation, a Delaware corporation (the “Company”), and (“Investor”), in consideration of the mutual promises contained in this Subscription Agreement (this “Agreement”) and the performance and payment described in this Agreement, the sufficiency of which is hereby acknowledged, mutually agree as follows:
