Warrant Indenture Sample Contracts

MOUNT LOGAN CAPITAL INC. as the Corporation and ODYSSEY TRUST COMPANY as the Warrant Agent WARRANT INDENTURE Providing for the Creation and Issue of Warrants Dated as of January 26, 2024
Warrant Indenture • June 12th, 2025 • Yukon New Parent, Inc. • Investment advice • Ontario

WHEREAS the Corporation has agreed to sell an aggregate of up to 20,000 debenture units of the Corporation (the “Debenture Units”) at a price of US$1,000 per Debenture Unit, each such Debenture Unit consisting of: (a) one 8.85% unsecured debenture of the Corporation having a principal amount of US$1,000; and (b) 50 Warrants (as defined herein), on a non- brokered private placement basis (the “Offering”);

AURORA CANNABIS INC. - and - COMPUTERSHARE TRUST COMPANY OF CANADA WARRANT INDENTURE Providing for the Issue of up to 11,500,000 Warrants November 16, 2020
Warrant Indenture • November 28th, 2022 • Aurora Cannabis Inc • Medicinal chemicals & botanical products • British Columbia

COMPUTERSHARE TRUST COMPANY OF CANADA a trust company continued under the laws of Canada and registered to carry on business in the Province of British Columbia

AND
Warrant Indenture • October 27th, 2005 • Gryphon Gold Corp • Gold and silver ores • Nevada
WARRANT INDENTURE Dated as of May 6, 2024 providing for the issue of Warrants
Warrant Indenture • May 14th, 2024 • C21 Investments Inc. • Medicinal chemicals & botanical products • British Columbia

NOW THEREFORE, in consideration of the promises and mutual covenants hereinafter contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Corporation hereby appoints the Trustee as warrant agent to hold the rights, interests and benefits contained herein for and on behalf of those persons who from time to time become the holders of Warrants issued pursuant to this Warrant Indenture and the parties hereto agree as follows:

i-80 GOLD CORP. as the Corporation - and - TSX TRUST COMPANY as the Warrant Agent WARRANT INDENTURE Providing for the Issue of up to 184,000,000 Warrants Dated as of May 16, 2025
Warrant Indenture • May 16th, 2025 • I-80 Gold Corp. • Gold and silver ores • Ontario

WHEREAS in connection with a “bought deal” public offering of the Corporation (the “Offering”), the Corporation proposes to issue up to 345,760,000 units of the Corporation (each, a “Unit”), inclusive of the Over-Allotment Option (as defined herein), pursuant to the terms and conditions of an underwriting agreement dated May 13, 2025 between the Corporation and National Bank Financial Inc. and Cormark Securities Inc. (the “Co-Bookrunners”), together with Canaccord Genuity Corp. and SCP Resource Finance LP (together with the Co-Bookrunners, the “Co-Lead Underwriters”), and BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., Scotia Capital Inc., Stifel Nicolaus Canada Inc. and Ventum Financial Corp. (collectively with the Co-Lead Underwriters, the “Underwriters”), such Units being qualified for distribution to the public pursuant to the Canadian Prospectus (as defined herein) and the U.S. Prospectus (as defined herein);

VISTA GOLD CORP. - and - COMPUTERSHARE TRUST COMPANY OF CANADA
Warrant Indenture • August 22nd, 2012 • Vista Gold Corp • Gold and silver ores • British Columbia

VISTA GOLD CORP., a corporation continued under the laws of the Yukon Territory, having an office at Suite 5, 7961 Shaffer Parkway, Littleton, Colorado 80127, U.S.A.

WARRANT INDENTURE _____________________________________________________________ _____________________________ THIS WARRANT INDENTURE is dated as of March 28, 2003, BETWEEN: ORAGENICS, INC., a Florida company located at 12085 Research Drive, Alachua,...
Warrant Indenture • May 5th, 2003 • Oragenics Inc • Pharmaceutical preparations • British Columbia

COMPUTERSHARE TRUST COMPANY OF CANADA, a trust company incorporated under the laws of Canada and authorized to carry on trust business in the Province of British Columbia and having a branch office at 4th Floor, 510 Burrard Street, Vancouver, British Columbia, V6C 3B9

OILSANDS QUEST INC. and COMPUTERSHARE TRUST COMPANY OF CANADA WARRANT INDENTURE May 12, 2009
Warrant Indenture • May 12th, 2009 • Oilsands Quest Inc • Miscellaneous metal ores • Alberta

OILSANDS QUEST INC., a corporation incorporated under the laws of the State of Colorado, having an office in Calgary, Alberta (the “Corporation” or the “Issuer”)

WARRANT INDENTURE
Warrant Indenture • October 9th, 2007 • Transatlantic Petroleum Corp. • Oil & gas field exploration services • Alberta
WARRANT INDENTURE
Warrant Indenture • July 17th, 2012 • Bridgeport Ventures Inc. • Gold and silver ores • Ontario

NOW THEREFORE THIS INDENTURE WITNESSES that for good and valuable consideration mutually given and received, the receipt and sufficiency of which are hereby acknowledged, it is hereby agreed and declared as follows:

GEOVIC MINING CORP. — and — PACIFIC CORPORATE TRUST COMPANY WARRANT INDENTURE Providing for the Issue of up to 10,800,000 Share Purchase Warrants March 1, 2007
Warrant Indenture • May 14th, 2007 • Geovic Mining Corp. • British Columbia

GEOVIC MINING CORP., a corporation existing under the laws of Delaware and having an office at 743 Horizon Court, Suite 300A, Grand Junction, Colorado 81506, USA (hereinafter called the “Company”)

IM CANNABIS CORP.
Warrant Indenture • February 23rd, 2023 • IM Cannabis Corp. • Medicinal chemicals & botanical products • British Columbia

ODYSSEY TRUST COMPANY, a trust company incorporated under the laws of Alberta and authorized to carry on business in the provinces of Alberta and British Columbia (the “Warrant Agent”)

HEXO CORP. as the Corporation and TSX TRUST COMPANY as the Warrant Agent WARRANT INDENTURE Providing for the Issue of Warrants Dated as of August 24, 2021
Warrant Indenture • August 26th, 2021 • HEXO Corp. • Medicinal chemicals & botanical products • Ontario

TSX TRUST COMPANY, a trust company existing under the laws of Canada and authorized to carry on business in all provinces of Canada

TRULIEVE CANNABIS CORP. as the Corporation and ODYSSEY TRUST COMPANY as the Warrant Agent WARRANT INDENTURE Providing for the Issue of Warrants Dated as of June 18, 2019
Warrant Indenture • December 11th, 2020 • Trulieve Cannabis Corp. • Medicinal chemicals & botanical products • British Columbia

ODYSSEY TRUST COMPANY, a trust company incorporated under the laws of Alberta and registered to carry on business in the Provinces of British Columbia and Alberta (the “Warrant Agent”)

BETWEEN CHALLENGER ENERGY CORP. - and – OLYMPIA TRUST COMPANY
Warrant Indenture • October 28th, 2008 • Challenger Energy Corp • Crude petroleum & natural gas • Alberta

CHALLENGER ENERGY CORP., a corporation incorporated under the laws of Canada having an office in the City of Calgary, in the Province of Alberta (hereinafter referred to as the “Corporation”)

DRAGONWAVE INC. as the Corporation and COMPUTERSHARE TRUST COMPANY OF CANADA as the Warrant Agent
Warrant Indenture • August 1st, 2014 • Dragonwave Inc • Radiotelephone communications • Ontario

COMPUTERSHARE TRUST COMPANY OF CANADA, a trust company existing under the laws of Canada and authorized to carry on business in all provinces of Canada (the “Warrant Agent”)

YERBAÉ BRANDS CORP. as the Corporation and ODYSSEY TRUST COMPANY as the Warrant Agent WARRANT INDENTURE Providing for the Issue of Warrants Dated as of December 7, 2023
Warrant Indenture • June 27th, 2025 • Safety Shot, Inc. • Perfumes, cosmetics & other toilet preparations • British Columbia

ODYSSEY TRUST COMPANY, a trust company continued under the laws of Canada with an office in the City of Vancouver in the Province of British Columbia (the “Warrant Agent”)

THIS SECOND SUPPLEMENTAL WARRANT INDENTURE is made as of November 27, 2024.
Warrant Indenture • November 27th, 2024 • Electra Battery Materials Corp • Miscellaneous electrical machinery, equipment & supplies • Ontario
FIRST SUPPLEMENTAL INDENTURE
Warrant Indenture • February 1st, 2024 • Woodyer Neil • Gold and silver ores • Ontario

CALDAS GOLD CORP., a company existing under the laws of the Province of British Columbia (hereinafter called the "Corporation")

Warrant Indenture
Warrant Indenture • January 24th, 2003 • Eveolution Ventures Inc • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia

Pacific Corporate Trust Company, a trust company incorporated under the laws of the Province of British Columbia and authorized to carry on trust business in the Province of British Columbia and having its office at 10th Floor, 625 Howe Street, Vancouver, B.C., V6C 3B8

FIRST SUPPLEMENTAL INDENTURE
Warrant Indenture • December 1st, 2010 • Lorus Therapeutics Inc • Biological products, (no disgnostic substances) • Ontario

COMPUTERSHARE TRUST COMPANY OF CANADA, a trust company existing under the laws of Canada and authorized to carry on business in all provinces of Canada (hereinafter referred to as the “Warrant Agent”)

PEAK GOLD LTD. - and - COMPUTERSHARE TRUST COMPANY OF CANADA WARRANT INDENTURE Providing for the Issue of 73,861,667 Common Share Purchase Warrants November 28, 2007
Warrant Indenture • November 28th, 2008 • New Gold Inc. /FI • Metal mining • Ontario

PEAK GOLD LTD., a corporation continued under the laws of the Province of British Columbia (hereinafter called the “Company”)

VUZIX CORPORATION - and - COMPUTERSHARE TRUST COMPANY OF CANADA WARRANT INDENTURE Providing for the Issue of l Unit Warrants and l Compensation Unit Warrants of Vuzix Corporation
Warrant Indenture • December 7th, 2009 • Vuzix Corp • Computer peripheral equipment, nec • Ontario

WHEREAS Canaccord Capital Corporation, Bolder Investment Partners, Ltd. and Canaccord Adams Inc. (collectively, the “Agents”) are acting as agents in connection with the issuance and sale by the Corporation (the “Offering”) of up to l units of the Corporation (individually a “Unit” and collectively, the “Units”);

THIRD SUPPLEMENTAL WARRANT INDENTURE
Warrant Indenture • September 28th, 2022

, with regard to our sale, for such Seller’s account, of the securities of [Aris Holdings/the Corporation] described therein, and on behalf of ourselves we certify and affirm that (A) we have no knowledge that the transaction had been prearranged with a buyer in the United States, (B) the transaction was executed on or through the facilities of designated offshore securities market, (C) neither we, nor any person acting on our behalf, engaged in any directed selling efforts in connection with the offer and sale of such securities, and (D) no selling concession, fee or other remuneration is being paid to us in connection with this offer and sale other than the usual and customary broker’s commission that would be received by a person executing such transaction as agent. Terms used herein have the meanings given to them by Regulation S under the U.S. Securities Act.

CROSSHAIR ENERGY CORPORATION and COMPUTERSHARE TRUST COMPANY OF CANADA Warrant Indenture Dated as of February 27, 2012
Warrant Indenture • March 5th, 2012 • Crosshair Exploration & Mining Corp • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia

CROSSHAIR ENERGY CORPORATION, a corporation existing under the laws of British Columbia having an office at Suite 1240, 1140 West Pender Street, Vancouver, British Columbia V6E 4G1

MOUNT LOGAN CAPITAL INC. as the Corporation and ODYSSEY TRUST COMPANY as the Warrant Agent WARRANT INDENTURE Providing for the Creation and Issue of Warrants Dated as of January 26, 2024
Warrant Indenture • September 16th, 2025 • Mount Logan Capital Inc. • Investment advice • Ontario

WHEREAS the Corporation has agreed to sell an aggregate of up to 20,000 debenture units of the Corporation (the “Debenture Units”) at a price of US$1,000 per Debenture Unit, each such Debenture Unit consisting of: (a) one 8.85% unsecured debenture of the Corporation having a principal amount of US$1,000; and (b) 50 Warrants (as defined herein), on a non- brokered private placement basis (the “Offering”);

WARRANT INDENTURE
Warrant Indenture • June 17th, 2019 • British Columbia

ODYSSEY TRUST COMPANY, a trust company incorporated under the laws of Alberta and registered to carry on business in the Provinces of British Columbia and Alberta (the “Warrant Agent”)

WARRANT INDENTURE Providing for the Issue of up to 9,631,250 Common Share Purchase Warrants
Warrant Indenture • August 6th, 2007 • MIGENIX Inc. • Pharmaceutical preparations

MIGENIX INC., a company incorporated under the British Columbia Business Corporations Act, having an office at the British Columbia Research Building, 3650 Wesbrook Mall, Vancouver, B.C., V6S 2L2

HARVEST HEALTH & RECREATION INC.
Warrant Indenture • November 5th, 2020 • Harvest Health & Recreation Inc. • British Columbia

HARVEST HEALTH & RECREATION INC., a corporation existing under the laws of the Province of British Columbia (the “Corporation”),

WARRANT INDENTURE
Warrant Indenture • November 11th, 2020 • Ontario

ODYSSEY TRUST COMPANY, a trust company existing under the laws of Alberta and authorized to carry on business in the provinces of British Columbia and Alberta (the “Warrant Agent”)

THIS FIRST SUPPLEMENTAL WARRANT INDENTURE is made as of the 16th day of November, 2020 BETWEEN: META GROWTH CORP., a corporation incorporated under the laws of Alberta (the “META”) AND:
Warrant Indenture • March 22nd, 2021 • High Tide Inc. • Alberta

TSX TRUST COMPANY, a trust company existing under the laws of Canada and authorized to carry on business in all of the Provinces of Canada (the “Warrant Agent”)

NORTH AMERICAN PALLADIUM LTD. and COMPUTERSHARE TRUST COMPANY OF CANADA WARRANT INDENTURE Dated as of September 30, 2009
Warrant Indenture • February 10th, 2010 • North American Palladium LTD • Metal mining • Ontario
8.1 May 29, 2003 Warrant Indenture 8.2 May 29, 2003 Underwriting Agreement 8.3 May 29, 2003 Indenture Amendment Agreement 8.4 May 29, 2003 Special Warrant Indenture 8.5 April 2, 2003 Agreement for sale and purchase of the Alumbrera Interests 8.6 June...
Warrant Indenture • December 9th, 2003 • Northern Orion Resources Inc • British Columbia

NORTHERN ORION EXPLORATIONS LTD., a company incorporated under the laws of British Columbia and having a head office at Suite 250 - 1075 West Georgia Street, Vancouver, British Columbia V6E 3C9 (the "Company")