BRIDGEPORT VENTURES INC. and VALIANT TRUST COMPANY AMENDED AND RESTATED WARRANT INDENTURE Providing for the Issue of up to 9,142,500 Warrants Dated as of December 20, 2010Warrant Indenture • July 25th, 2011 • Bridgeport Ventures Inc. • Gold and silver ores • Ontario
NOW THEREFORE THIS INDENTURE WITNESSES that for good and valuable consideration mutually given and received, the receipt and sufficiency of which are hereby acknowledged, it is hereby agreed and declared as follows:
OPTION AGREEMENT FOR PURCHASE OF MINING CONCESSIONS RIO CONDOR RESOURCES S.A. AND SOCIEDAD LEGAL MINERA TRILLADOR UNA DE LA SIERRA SAN MARCOOption Agreement for Purchase of Mining Concessions • July 25th, 2011 • Bridgeport Ventures Inc. • Gold and silver ores
In Copiapó, Republic of Chile, on January 31st 2011, before me, Hernán Cañas Valdés, Lawyer, Public Notary and Custodian of Mining of this province, domiciled on O`Higgins st. number 666, there appear: RIO CÓNDOR RESOURCES S.A., closely held stock corporation engaged in the mining business, TPN 76,072,443-2, properly represented, as will be evidenced by Mr. Francisco Schuberts Seiffert, Chilean, Married, mechanical engineer, national identification card No. 6,095,824-6, and Mr. Marcelo Antonino Olivares Cabrera, Chilean, Single, Lawyer, national identification card No 10,703,661-K both domiciled in the city of Santiago, and in transit through this city, at Camino del Sol Number 3895-7, municipality of Lo Barnechea, hereinafter indistinctly “RCR” or the “Beneficiary” for one part; and for the other SOCIEDAD LEGAL MINERA ”TRILLADOR UNA DE LA SIERRA SAN MARCO”, property represented by its shareholders, hereinafter the “Shareholders”, in the amount of shares that is indicated in each case:
AGENCY AGREEMENTAgency Agreement • July 25th, 2011 • Bridgeport Ventures Inc. • Gold and silver ores • Ontario
Each Warrant shall entitle the holder thereof to purchase one common share in the capital of the Corporation (a “Warrant Share”) at a price of $1.40 at any time prior to 5:00 p.m. (Toronto time) on the date that is two years following the Closing Date (as defined below). The Warrants shall be created and issued pursuant to a warrant indenture (the “Warrant Indenture”) to be dated as of the Closing Date (as defined below) between the Corporation and the Transfer Agent (as defined below).
