ContractGoldspring Inc • December 18th, 2009 • Gold and silver ores • New York
THIS WARRANT AND THE SHARES ISSUABLE UPON THE EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. EXCEPT AS OTHERWISE SET FORTH HEREIN OR IN THE LOAN AGREEMENT, DATED AS OF DECEMBER __, 2009, NEITHER THIS WARRANT NOR ANY OF SUCH SHARES MAY BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR SUCH SECURITIES UNDER SAID ACT OR, AN OPINION OF COUNSEL, IN FORM, SUBSTANCE AND SCOPE, CUSTOMARY FOR OPINIONS OF COUNSEL IN COMPARABLE TRANSACTIONS, THAT REGISTRATION IS NOT REQUIRED UNDER SUCH ACT OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SUCH ACT.
Names and Addresses of Lenders: Maximum Principal Amount of Notes:Security Agreement • December 18th, 2009 • Goldspring Inc • Gold and silver ores • New York
LOAN AGREEMENTLoan Agreement • December 18th, 2009 • Goldspring Inc • Gold and silver ores • New York
THIS LOAN AGREEMENT (the “Loan Agreement”), is dated as of the 10th day of December, 2009, by and among GoldSpring, Inc., a Nevada corporation, having an address at 1200 American Flat Road, P.O. Box 1118, Virginia City, NV 89440 (the “Borrower”) and those certain lenders set forth on Schedule A hereto (each, a “Lender” and collectively, the “Lenders”).
