SUBSCRIPTION AGREEMENTSubscription Agreement • December 6th, 2023 • Elray Resources, Inc. • Services-prepackaged software • Nevada
The securities of Elray Resources, Inc., a Nevada corporation (the “Company”), to which this Subscription Agreement relates, represent an investment that involves a high degree of risk, suitable only for persons who can bear the economic risk for an indefinite period of time and who can afford to lose their entire investments. Investors should further understand that this investment is illiquid and is expected to continue to be illiquid for an indefinite period of time. No public market exists for the securities to which this Subscription Agreement relates.
CONTROL SECURITIES PURCHASE AGREEMENTControl Securities Purchase Agreement • December 6th, 2023 • Elray Resources, Inc. • Services-prepackaged software • Nevada
This Control Securities Purchase Agreement (the “Agreement”) is entered as of the 18th day of November, 2022, into by and between Luxor Capital LLC (“Purchaser”) and Virtual Technology Group LLC (“Seller”), the controlling shareholder of Elray Resources, Inc., a publicly-traded Nevada corporation (“ELRA”).
