SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • August 24th, 2011 • Paxton Energy Inc • Crude petroleum & natural gas • New York
Contract Type FiledAugust 24th, 2011 Company Industry JurisdictionThis SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of August 12, 2011, by and between PAXTON ENERGY, INC., a Nevada corporation, with headquarters located at 295 Highway 50, Suite 2, Lake Village Professional Building, Stateline, NV 89449 (the “Company”), and ASHER ENTERPRISES, INC., a Delaware corporation, with its address at 1 Linden Place, Suite 207, Great Neck, NY 11021 (the “Buyer”).