ASSET PURCHASE AGREEMENTAsset Purchase Agreement • March 5th, 2015 • Petro River Oil Corp. • Crude petroleum & natural gas • New York
This Asset Purchase Agreement (“Agreement”) is made and entered into as of this February 27, 2015 (the “Effective Date”), by and among Petro River Oil Corp., a Delaware corporation (“Petro River”), Petro Spring II, LLC, a Delaware limited liability company (the “Purchaser”), Coalthane Tech LLC, a Delaware limited liability company (the “Seller”) and the shareholders set forth on the signature page hereto (collectively, the “Shareholders”) Purchaser, Seller and Shareholders are sometimes referred to herein, individually, as a “Party” and, collectively, as the “Parties.”
