SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 13th, 2024 • Formation Minerals, Inc. • Surgical & medical instruments & apparatus • Nevada
This Securities Purchase Agreement (this “Agreement”) is dated as of June 10, 2024, between Formation Minerals, Inc., a Nevada corporation formerly known as SensaSure Technologies Inc. (the “Company”), and the purchaser identified on the signature page hereto (including its successors and assigns, the “Purchaser”).
MEMBER FINRA/SIPCFormation Minerals, Inc. • June 13th, 2024 • Surgical & medical instruments & apparatus • Nevada
This letter (the “Agreement”) constitutes the agreement between ICON Capital Group, LLC, a Texas limited liability company (“ICG” or the “Placement Agent”), and Formation Minerals, Inc., a Nevada corporation (OTCB: FOMI) (the “Company” or “FOMI”), who hereby agrees to sell up to an aggregate of 250 shares of Class B convertible preferred stock, par value $0.01 per share of the Company (the “Preferred Stock” or the “Securities”), directly to a certain investor (the “Purchaser”) through the Placement Agent, on a “reasonable best efforts” basis, in connection with the proposed placement (the “Placement”) of the Securities to the Purchaser. The terms of the Placement and the Securities shall be mutually agreed upon by the Company and the Purchaser and nothing herein constitutes that the Placement Agent would have the power or authority to bind the Company or the Purchaser or an obligation for the Company to issue any Securities or complete the Placement. The Placement Agent shall act solel
