STOCK PURCHASE AGREEMENT dated as of March 2, 2010 between La Cortez Energy, Inc. and Avante Petroleum S.A. relating to the purchase and sale of 100% of the Common Stock of Avante Colombia S.à r.l.Stock Purchase Agreement • March 15th, 2010 • Avante Petroleum S.A. • Crude petroleum & natural gas • New York
STOCKHOLDER AGREEMENTStockholder Agreement • March 15th, 2010 • Avante Petroleum S.A. • Crude petroleum & natural gas • Nevada
This agreement, dated as of March 2, 2010 (the “Agreement”), among La Cortez Energy, Inc. (the “Buyer”), a corporation organized under the Laws of Nevada with an address at Calle 67 #7-35, Oficina 409, Bogota, Colombia, Avante Petroleum SA (the “Seller”), a corporation organized under the Laws of Luxembourg with an address at 11b Boulevard Joseph II, 1840 Luxembourg, and for purposes of Section 3.3 only, Nadine Smith and Andres Gutierrez (collectively “Shareholder Parties” and each a “Shareholder Party”).
SUBSCRIPTION AGREEMENTSubscription Agreement • March 15th, 2010 • Avante Petroleum S.A. • Crude petroleum & natural gas • New York
This Subscription Agreement (this “Agreement”) has been executed by Avante Petroleum S.A. (the “Subscriber”) in connection with the stock purchase agreement (the “Stock Purchase Agreement”) by and between the Subscriber and La Cortez Energy, Inc. (the “Company”), pursuant to which, the Company is acquiring all of outstanding capital stock of the Subscriber’s wholly owned subsidiary, Avante Colombia S.à.r.l., for 10,285,819 newly issued shares of common stock, $0.001 par value per share, of the Company (the “Common Stock”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Stock Purchase Agreement.
