FIRST AMENDMENT TO CONVERTIBLE PROMISSORY NOTE AND SECURITIES PURCHASE AGREEMENTConvertible Promissory Note and Securities Purchase Agreement • December 28th, 2012 • Silver Falcon Mining, Inc. • Gold and silver ores
This First Amendment to Convertible Promissory Note and Securities Purchase Agreement (this “Amendment”) is made as of December 21, 2012 (the “Effective Date”), by and between Iliad Research and Trading, LP, a Delaware limited partnership (“Holder”), and Silver Falcon Mining, Inc., a Delaware corporation (“Company”), to amend that certain Convertible Promissory Note dated March 30, 2012 in the original principal amount of $565,500 issued by the Company in favor of Holder (the “Note”) and that certain Securities Purchase Agreement dated March 30, 2012 by and between Holder and the Company (the “Purchase Agreement”). Capitalized terms used but not otherwise defined in this Amendment shall have the meanings given to them in the Note.
