COMMON STOCK PURCHASE WARRANT Tanzanian gold corporationTanzanian Gold Corp • February 9th, 2021 • Gold and silver ores • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [ ] or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, six months after the date of issuance (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on February 11, 2026 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Tanzanian Gold Corporation, an Alberta corporation (the “Company”), up to ______ shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b). This Warrant is being issued pursuant to that certain Securities Purchase Agreement, dated February 9, 2021, between the Company and the Purchasers named therein (the “Securities Purchase Agreement”).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • February 9th, 2021 • Tanzanian Gold Corp • Gold and silver ores • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of February 9, 2021, and is between Tanzanian Gold Corporation., a company incorporated under the laws of the Province of Alberta, Canada (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
