REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • June 27th, 2016 • ProGreen Properties, Inc. • Real estate • Puerto Rico
This Registration Rights Agreement (the “Agreement”), dated as of June 23, 2016 (the “Execution Date”), is entered into by and between ProGreen Properties, Inc. (the “Company”), a Delaware corporation, with its principal executive offices at 6443 Inkster Road, Suite 170-D, Bloomfield Township, MI 48301, and Tangiers Global, LLC (the “Investor”), a Wyoming limited liability company, with its principal executive offices at 168 Dorado Beach East, Dorado, PR 00646.
INVESTMENT AGREEMENTInvestment Agreement • June 27th, 2016 • ProGreen Properties, Inc. • Real estate • California
This INVESTMENT AGREEMENT (the “Agreement”), dated as of June 23, 2016 (the “Execution Date”), is entered into by and between ProGreen Properties, Inc. (the “Company”), a Delaware corporation, with its principal executive offices at 6443 Inkster Road, Suite 170-D, Bloomfield Township, MI 48301, and Tangiers Global, LLC (the “Investor”), a Wyoming limited liability company, with its principal executive offices at 168 Dorado Beach East, Dorado, PR 00646.
COMMON STOCK PURCHASE WARRANT ProGreen Properties, Inc.Common Stock Purchase Warrant • June 27th, 2016 • ProGreen Properties, Inc. • Real estate • California
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Tangiers Global, LLC or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to 5 PM New York City Time on June 22, 2021 (the “Termination Date”) but not thereafter, to subscribe for and purchase from ProGreen Properties, Inc., a Delaware corporation (the “Company”), up to 4,000,000 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 1(b).
NEITHER THESE SECURITIES NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE...Convertible Note • June 27th, 2016 • ProGreen Properties, Inc. • Real estate • California
This Note is a duly authorized Fixed Convertible Promissory Note of ProGreen Properties, Inc. a corporation duly organized and existing under the laws of the State of Nevada (the “Company”), designated as the Company's 5.83% Fixed Convertible Promissory Note due June 23, 2017 (“Maturity Date”) in the principal amount of $22,000 (the “Note”).
