PLACEMENT AGENCY AGREEMENTPlacement Agency Agreement • December 13th, 2007 • Arkanova Energy Corp • Gold and silver ores
THIS AGENCY AGREEMENT (the “Agreement”), entered into this 3rd day of July 2007, sets forth the arrangement between Basic Investors Inc., (the “AGENT”) a New York corporation, with its principal place of business at 510 Broadhollow Rd., Suite 306, Melville, NY 11747 and Arkanova Energy Corporation with its principal place of business located at 21 Waterway Avenue, Suite 300, The Woodlands, Texas hereinafter referred to as (the “Company”), with respect to compensation to which the AGENT may become entitled under the terms and conditions set forth in this Agreement.
