SUBSCRIPTION AGREEMENTSubscription Agreement • June 13th, 2014 • Blacksands Petroleum, Inc. • Crude petroleum & natural gas • New York
Contract Type FiledJune 13th, 2014 Company Industry JurisdictionTHIS SUBSCRIPTION AGREEMENT (this “Subscription”), dated as of June 6, 2014, has been executed by Blacksands Petroleum, Inc., a corporation organized under the laws of the State of Nevada (hereinafter referred to as the “Company”) and the purchaser set forth on the signature page attached hereto (the “Purchaser”) in connection with the private placement of (i) a $1,500,000.00 principal face amount 5% Convertible Debenture (the “Debenture”) issued by the Company and (ii) 500,000 shares of Series B Convertible Preferred Stock (the “Preferred Stock”) of the Company. The Securities (as defined hereinafter) being subscribed for pursuant to this Subscription have not been registered under the Securities Act. The offer of the Securities and, if this Subscription is accepted by the Company, the sale of Securities, is being made in reliance upon Rule 903 of Regulation S promulgated under the Securities Act. All dollar amounts in this Subscription are expressed in U.S. Dollars. The Debenture and