Share Purchase Warrants. As additional consideration to the Lender for the Loan, upon execution of this Agreement, the Company shall issue to the Lender non-transferrable share purchase warrants to purchase an aggregate of up to 8,000,000 shares of Common Stock at an initial exercise price of $0.10 per share (subject to adjustment as provided in the form of Warrant attached as Schedule “C” to this Agreement), and expiring on January 15, 2021 (collectively, the “Warrants”), which Warrants shall be exercisable in whole or in part immediately and from time to time prior to the expiration thereof, and shall be substantially in the form attached as Schedule “C” to this Agreement.
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Share Purchase Warrants. As additional consideration to the Lender for the Loan, upon execution of this Agreement, the Company shall issue to the Lender non-transferrable share purchase warrants to purchase an aggregate of up to 8,000,000 9,600,000 shares of Common Stock at an initial exercise price of $0.10 0.50 per share (subject to adjustment as provided in the form of Warrant attached as Schedule “C” to this Agreement)share, and expiring on January 15September 1, 2021 2019 (collectively, the “Warrants”), which Warrants shall be exercisable in whole or in part immediately and from time to time prior to the expiration thereof, and shall be substantially in the form attached as Schedule “C” to this Agreement.
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