LENDING AGREEMENTLending Agreement • March 3rd, 2008 • Tatonka Oil & Gas, Inc. • Metal mining • Colorado
This LENDING AGREEMENT (this “Agreement”), dated as of December 5, 2007, is entered into by and among the following parties: TATONKA OIL AND GAS, INC., a Colorado corporation (the “Parent”), TATONKA OIL AND GAS COMPANY, INC., a Colorado corporation (the “Company” a wholly-owned subsidiary of the Parent), and LMA Hughes LLLP (“LMA”). This Agreement is intended to provide for the Company’s borrowing funds from LMA (the “Lender”) from time to time, through the Lender’s purchase of the Company’s Junior Secured Notes (the “Notes”), and warrants to purchase shares of the Parent’s Common Stock, par value $0.001 per share (the “Common Stock”).
