NOTE PURCHASE AGREEMENTNote Purchase Agreement • November 9th, 2018 • Algae Dynamics Corp. • Medicinal chemicals & botanical products • Ontario
This NOTE PURCHASE AGREEMENT (the “Agreement”), dated as of October 19, 2018, by and between Algae Dynamics Corp., a Canadian federal corporation, with headquarters located at 37 – 4120 Ridgeway Drive, Mississauga, ONT L5L 5S9 Canada (the “Company”), and the person whose name is provided on the signature page hereof (the “Buyer”).
UNLESS PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY BEFORE THE DATE THAT IS 4 MONTHS AND A DAY AFTER THE LATER OF (I) DISTRIBUTION DATE TO BE INSERTED, AND (II) THE DATE THE ISSUER BECAME A REPORTING...Algae Dynamics Corp. • November 9th, 2018 • Medicinal chemicals & botanical products • Ontario
THIS COMMON SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, • or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after •(the “Initial Issuance Date”) and on or prior to the close of business on September 30, 2020 (the “Termination Date”) but not thereafter, to subscribe for and purchase from ALGAE DYNAMICS CORP., a corporation organized under the Canada Business Corporations Act (the “Company”), • common shares (the “Common Shares”) of the capital of the Company (subject to adjustment hereunder, the “Warrant Shares”); provided that if at any time the volume weighted average price of the Common Shares on any stock exchange upon which the Common Shares are listed as may be selected for this purpose by the Directors of the Corporation, acting reasonably, shall equal or exceed $1.50 per Common Share for a period of twenty (20) consecutive trading days (th
