SUBSCRIPTION AGREEMENT FOR UNITSSubscription Agreement • May 7th, 2009 • Searchlight Minerals Corp. • Services-business services, nec • Nevada
The undersigned (hereinafter referred to as the “Subscriber”) hereby irrevocably subscribes for and agrees to purchase the number of Units, each Unit comprising one common share and one half of one share purchase warrant (collectively, the “Units”) of the Corporation set forth below for the aggregate subscription price set forth below (the “Aggregate Subscription Price”), representing a subscription price of US$3.00 per Unit, (the “Subscription Agreement”) upon and subject to the terms and conditions contained in this Subscription Agreement. Each full warrant entitles the holder to purchase one additional common share at a price of US$4.50 for a period of two (2) years from the Closing Date. In addition to this face page, the Subscriber must also complete the attached Schedule A hereto.
