0001140361-06-000493 Sample Contracts

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • January 10th, 2006 • Ignis Petroleum Group, Inc. • Metal mining • New Jersey

THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”), is dated as of January 5, 2006, by and among IGNIS PETROLEUM GROUP, INC., a Nevada corporation (the “Company”), and the Buyers listed on Schedule I attached hereto (individually, a “Buyer” or collectively “Buyers”).

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INVESTOR REGISTRATION RIGHTS AGREEMENT
Investor Registration Rights Agreement • January 10th, 2006 • Ignis Petroleum Group, Inc. • Metal mining • Nevada

THIS INVESTOR REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of January 5, 2006, by and among IGNIS PETROLEUM GROUP, INC., a Nevada corporation (the “Company”), and the undersigned investors listed on Schedule I attached hereto (each, an “Investor” and collectively, the “Investors”).

ESCROW AGREEMENT
Escrow Agreement • January 10th, 2006 • Ignis Petroleum Group, Inc. • Metal mining • New Jersey

THIS ESCROW AGREEMENT (this “Agreement”) is made and entered into as of January 5, 2006 IGNIS PETROLEUM GROUP, INC., a Nevada corporation (the “Company”); the Buyer(s) listed on the Securities Purchase Agreement, dated the date hereof (also referred to as the “Investor(s)”), and DAVID GONZALEZ, ESQ., as Escrow Agent hereunder (the “Escrow Agent”).

PLEDGE AND ESCROW AGREEMENT
Pledge and Escrow Agreement • January 10th, 2006 • Ignis Petroleum Group, Inc. • Metal mining • New Jersey

THIS PLEDGE AND ESCROW AGREEMENT (the “Agreement”) is made and entered into as of January 5, 2006 (the “Effective Date”) by and among IGNIS PETROLEUM GROUP, INC., a corporation organized and existing under the laws of the State of Nevada (the “Pledgor”), CORNELL CAPITAL PARTNERS, LP, (the “Pledgee”), and DAVID GONZALEZ, ESQ., as escrow agent (“Escrow Agent”).

SECURITY AGREEMENT
Security Agreement • January 10th, 2006 • Ignis Petroleum Group, Inc. • Metal mining • New Jersey

THIS SECURITY AGREEMENT (the “Agreement”), is entered into and made effective as of January 5, 2006, by and between IGNIS PETROLEUM GROUP, INC., a Nevada corporation (the “Company”), and the BUYER(S) listed on Schedule I attached to the Securities Purchase Agreement dated the date hereof (the “Secured Party”).

INSIDER PLEDGE AND ESCROW AGREEMENT
Insider Pledge and Escrow Agreement • January 10th, 2006 • Ignis Petroleum Group, Inc. • Metal mining • New Jersey

THIS INSIDER PLEDGE AND ESCROW AGREEMENT (the “Agreement”) is made and entered into as of January 5, 2006 (the “Effective Date”) by and among PHILIPP BUSCHMANN and MICHAEL PIAZZA (collectively, the “Pledgor”), CORNELL CAPITAL PARTNERS, LP (the “Pledgee”), IGNIS PETROLEUM GROUP, INC., a Nevada corporation (the “Company”), and DAVID GONZALEZ, ESQ., as escrow agent (“Escrow Agent”).

December 29, 2005
Placement Agency Agreement • January 10th, 2006 • Ignis Petroleum Group, Inc. • Metal mining
PLACEMENT AGENCY AGREEMENT
Placement Agency Agreement • January 10th, 2006 • Ignis Petroleum Group, Inc. • Metal mining • Texas

This Placement Agency Agreement (this “Agreement”) is made and entered into as of October 21, 2005 (the “Effective Date”), by and between Ignis Petroleum Group, Inc., a Nevada corporation (the “Company”), and Stonegate Securities, Inc., a Texas corporation (“Stonegate”).

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