12,727,273 Shares1 Common Stock Synergy Resources Corporation PURCHASE AGREEMENTPurchase Agreement • December 16th, 2011 • Synergy Resources Corp • Oil & gas field exploration services • New York
Synergy Resources Corporation, a Colorado corporation (the “Company”), proposes to sell to the several Underwriters named in Schedule I hereto (the “Underwriters”) an aggregate of 12,727,273 authorized but unissued shares (the “Firm Shares”) of Common Stock, $.001 par value per share (the “Common Stock”), of the Company. The Company has also granted to the several Underwriters an option to purchase up to 1,909,090 additional shares of Common Stock on the terms and for the purposes set forth in Section 3 hereof (the “Option Shares”). The Firm Shares and any Option Shares purchased pursuant to this Purchase Agreement are herein collectively called the “Securities.”
