AGENCY AGREEMENTAgency Agreement • December 1st, 2009 • Argentex Mining Corp • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia
The undersigned, Wellington West Capital Markets Inc. and Canaccord Capital Corporation (the “Agents”), understand that Argentex Mining Corporation (the “Company”) proposes to issue and sell up to 5,960,814 units of the Company (the “Units”) at a price of $0.70 (the “Subscription Price”) per Unit for aggregate gross proceeds of up to $4,172,570. Each Unit shall consist of one Common Share (a “Unit Share”) and one-half of one non-transferable Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one additional Common Share (a “Warrant Share”) at a price of $0.90 per Warrant Share at any time prior to the Expiry Date (as hereinafter defined).
ARGENTEX MINING CORPORATION SUBSCRIPTION AGREEMENT UNITSSubscription Agreement • December 1st, 2009 • Argentex Mining Corp • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia
