WORTHINGTON ENERGY, INC. a Nevada corporation COMMON STOCK PURCHASE WARRANTWorthington Energy, Inc. • April 16th, 2012 • Crude petroleum & natural gas
This is to certify that, for value received, Sean Whalen (the “Holder”), whose current address is 555 N Garfield Avenue, Monterey Park, CA 91754-1202, upon due exercise of this Warrant, is entitled to purchase from WORTHINGTON ENERGY, INC., a Nevada corporation (the “Company”), all or any part of ONE MILLION TWO HUNDRED THOUSAND (1,200,000) shares (“Warrant Shares”) of fully paid and non-assessable Common Stock, $0.001 par value, of the Company (“Common Stock”), at the purchase price per share of Fifteen Cents ($0.15) (the exercise price in effect being herein called the “Warrant Price”) at any time prior to 5:00 p.m. Pacific Standard Time on December 31, 2016 (the “Expiration Date”), all subject to the terms, conditions and adjustments as provided in this Warrant.
277,500 Bridge Loan NoteWorthington Energy, Inc. • April 16th, 2012 • Crude petroleum & natural gas • Texas
FOR VALUE RECEIVED, Worthington Energy, Inc., a Nevada corporation (“Maker”) hereby promises to pay to the order of Sanjay Kapoor and/or his assignees (“Holder”), in lawful money of the United States of America, the principal amount of Two Hundred Seventy-Seven Thousand Five Hundred Dollars & No Cents ($277,500.00) (the “Principal Amount”) upon the terms set forth in this note (this “Note”).
WORTHINGTON ENERGY, INC. SUBSCRIPTION AGREEMENT New Rock Capital, LLCSubscription Agreement • April 16th, 2012 • Worthington Energy, Inc. • Crude petroleum & natural gas
THIS SUBSCRIPTION AGREEMENT is made as of this 26th day of March, 2012 between Worthington Energy, Inc., a Nevada corporation with its principal office located at 295 Highway 50, Suite 2, Lake Village Professional Building, Stateline, NV 89449 (Mailing Address: P.O. Box 1148 Zephyr Cove, NV89448-1148) (the “Company”), and New Rock Capital, LLC (the “Subscriber”).
WORTHINGTON ENERGY, INC. SUBSCRIPTION AGREEMENT Sean WhalenSubscription Agreement • April 16th, 2012 • Worthington Energy, Inc. • Crude petroleum & natural gas
THIS SUBSCRIPTION AGREEMENT is made as of this 14th day of March, 2012 between Worthington Energy, Inc., a Nevada corporation with its principal office located at 295 Highway 50, Suite 2, Lake Village Professional Building, Stateline, NV 89449 (Mailing Address: P.O. Box 1148 Zephyr Cove, NV89448-1148) (the “Company”), and Sean Whalen (the “Subscriber”).
