GENERAL MOLY, INC.Agreement to Reprice and Exercise Warrants • January 5th, 2011 • General Moly, Inc • Metal mining • New York
This letter agreement sets forth the agreement between General Moly, Inc., a Delaware corporation (the “Company”), and CCM Special Holdings Fund, LP (the “Holder”) regarding (i) an amendment to the exercise price of warrant nos. 1-06B and 29-06B (the “Original Warrants”) to purchase an aggregate of 1,301,972 shares (the “Warrant Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”) and (ii) the Holder’s agreement to exercise the warrants (as amended hereby, the “Amended Warrants”).
