COMMON SHARE PURCHASE WARRANT AVALON RARE METALS INC.Common Share Purchase Warrant • June 13th, 2014 • Avalon Rare Metals Inc. • Metal mining
PURSUANT TO THIS COMMON SHARE PURCHASE WARRANT (the “Warrant”), the Company (as defined herein) certifies that, for value received, _____________or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after December ___, 2014 (the “Initial Exercise Date”) and on or prior to the close of business on the six and one-half (6½) year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from AVALON RARE METALS INC., a Canadian corporation (the “Company”), up to ______Common Shares (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Common Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
