SENIOR SECURED CONVERTIBLE DEBENTURE DUE MAY 27, 2021Discovery Energy Corp. • August 22nd, 2016 • Oil & gas field exploration services • New York
THIS SENIOR SECURED CONVERTIBLE DEBENTURE is one of a series of duly authorized and validly issued Senior Secured Convertible Debentures of Discovery Energy Corp., a Nevada corporation, (the “Company”), having its principal place of business at One Riverway Drive, Suite 1700, Houston, Texas 77056, designated as its Senior Secured Convertible Debentures due May 27, 2021 (this debenture, the “Debenture” and, collectively with the other debentures of such series, the “Debentures”).
Deed General security agreementSecurities Purchase Agreement • August 22nd, 2016 • Discovery Energy Corp. • Oil & gas field exploration services • Victoria
Specific Security Agreement (Shares)Specific Security Agreement • August 22nd, 2016 • Discovery Energy Corp. • Oil & gas field exploration services • Victoria
FIRST AMENDMENT TO SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • August 22nd, 2016 • Discovery Energy Corp. • Oil & gas field exploration services • New York
This First Amendment to Securities Purchase Agreement (this “Amendment”) is dated as of August 16, 2016, and is by and among DISCOVERY ENERGY CORP., a Nevada corporation (the “Company”), DEC FUNDING LLC, a Texas limited liability company (“Original Purchaser”) and TEXICAN ENERGY CORPORATION, a Texas corporation (“New Purchaser”). The Company, Original Purchaser and New Purchaser are hereinafter sometimes collectively referred to as the “Parties” and each individually as a “Party”.
COMMON STOCK PURCHASE WARRANT DISCOVERY ENERGY CORP.Discovery Energy Corp. • August 22nd, 2016 • Oil & gas field exploration services
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, DEC Funding LLC, a Texas limited liability company, 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 date hereof (the “Initial Exercise Date”) and on or prior to the close of business on May 27, 2019 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Discovery Energy Corp., a Nevada corporation (the “Company”), up to 750,000 shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
