BITECH TECHNOLOGIES CORPORATION Subscription Agreement for U.S. ResidentsCommon Stock Purchase Warrant • August 15th, 2023 • Bitech Technologies Corp • Electric services • Delaware
The undersigned “Subscriber”, on the terms and conditions herein set forth, hereby irrevocable submits this subscription agreement (the “Subscription Agreement”) to BITECH TECHNOLOGIES CORPORATION, a Delaware corporation (the “Company”), in connection with a private offering by the Company to “accredited investors” (as defined below) (the “Offering”) to raise additional working capital of up to $500,000 through the sale of up to 25,000,000 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock” or “Shares”) at a price of $[__] per Share. Investors who subscribe for $200,000 or more of Shares shall be entitled to receive one warrant (the “Warrant”) for each two shares of Common Stock purchased without payment of any additional consideration. Each Warrant shall entitle the holder to purchase one share of Common Stock at an exercise price of $[__] per share. The Warrants will expire 18 months after the date of issuance. A form of the Warrant is attached hereto
