PARTICLE DRILLING TECHNOLOGIES, INC. AND COMPUTERSHARE TRUST COMPANY, N.A., as Rights Agent RIGHTS AGREEMENT dated as of May 23, 2008Rights Agreement • May 23rd, 2008 • Particle Drilling Technologies Inc/Nv • Oil & gas field services, nec • Nevada
The Rights are not exercisable until the Distribution Date. The Rights will expire on May 23, 2011 (the “Final Expiration Date”) unless the Final Expiration Date is extended or unless earlier redeemed or exchanged by the Company, in each case as described below.
