STOCK PURCHASE WARRANT To Purchase Shares of Common Stock of Gondwana Energy Ltd.Gondwana Energy LTD / Ny • December 12th, 2006 • Oil & gas field exploration services
Company FiledDecember 12th, 2006 IndustryTHIS CERTIFIES that, for value received, (the “Holder”), shall have the right to purchase from Gondwana Energy Ltd., a Nevada corporation (the “Corporation”), fully paid and nonassessable shares of the Corporation’s Common Stock (the “Common Stock”) at an exercise price of $1.00 US per share (the “Exercise Price”), subject to further adjustment as set forth in Section 3 hereof, at any time commencing on the issuance date until 12 months from the closing date of the offering or . (the “Termination Date”).