SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 8th, 2009 • Mexoro Minerals LTD • Gold and silver ores • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of March 25, 2009, among Mexoro Minerals Ltd. (the “Company”), and OHAG Holdings Ltd. (including its successors and assigns) the “Purchaser”.
ContractSecurities Purchase Agreement • April 8th, 2009 • Mexoro Minerals LTD • Gold and silver ores • New York
THIS SECURITY, AND ANY SECURITIES TO BE ISSUED BY THE CORPORATION IN CONVERSION OF THIS SECURITY, HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD OR OFFERED FOR SALE IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR SUCH SECURITIES OR AN OPINION OF COUNSEL OR OTHER EVIDENCE ACCEPTABLE TO THE CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.
MEXORO GENERAL SECURITY AGREEMENTMexoro General Security Agreement • April 8th, 2009 • Mexoro Minerals LTD • Gold and silver ores • New York
SECURITY AGREEMENT (this “Agreement”), dated as of March 25, 2009, between MEXORO MINERALS LTD. (“Borrower”), a Colorado corporation, and each lender identified on the signature pages hereto (each, including its successors and assigns, a “Lender” and collectively the “Lenders”). The Lender and Borrower are concurrently entering into a financing transaction pursuant to which Borrower will issue to Lender its Secured Convertible Debenture, dated as of even date herewith, (as amended, modified or supplemented from time to time in accordance with its terms, the (“Debenture”) pursuant to which the Lender will make a loan to the Borrower in the Principal Amount (as such term is defined in the Debenture) pursuant to, and subject to the terms and conditions thereof.
