SUBSCRIPTION AGREEMENT – UNSECURED CONVERTIBLE DEBENTURES DUE MARCH 31, 2023Subscription Agreement • March 30th, 2020 • Polymet Mining Corp • Metal mining • Ontario
Contract Type FiledMarch 30th, 2020 Company Industry JurisdictionThe undersigned (the “Subscriber”) hereby irrevocably subscribes for and agrees to purchase unsecured convertible debentures (the “Notes”) in the aggregate principal amount of up to US$30,000,000, to be issued in four tranches beginning on the date hereof with subsequent tranches occurring on or before May 12, 2020, August 12, 2020 and November 12, 2020 (the “Issuance Dates”), all of which shall expire on March 31, 2023, on the terms and subject to the conditions described in this Subscription Agreement: