Form of COMMON STOCK PURCHASE WARRANT JR RESOURCES CORP.Common Stock Purchase Warrant • March 28th, 2022 • JR Resources Corp. • Metal mining • New York
Contract Type FiledMarch 28th, 2022 Company Industry JurisdictionTHIS COMMON STOCK PURCHASE WARRANT (the "Warrant") certifies that, for value received, CEDE & CO. or its registered assigns (the "Holder") is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the "Initial Exercise Date") and on or prior to 5:00 p.m. (New York City time) on March 15, 2026 (the "Termination Date") but not thereafter, to subscribe for and purchase from JR Resources Corp., a Nevada corporation (the "Company"), up to _________________ shares of Common Stock (as subject to adjustment hereunder, the "Warrant Shares"). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b). This Warrant shall initially be issued and maintained in the form of a security held in book-entry form and The Depository Trust Company or its nominee ("DTC") shall initially be the sole registered holder of this Warrant, subject t