Series 1 Warrant definition

Series 1 Warrant means the Preferred Stock purchase warrant, substantially in the form of Exhibit B attached hereto, to purchase up to a number of shares of Preferred Stock equal to one hundred percent (100%) of the Closing Shares as of the Closing Date, with an exercise price equal to One Thousand Dollars ($1,000.00), delivered to Purchaser at the Closing in accordance with Section 2.2(a)(vii) hereof, as amended.

Series 1 Warrant means the Common Share purchase warrants of the Corporation comprising part of the Units with each such whole Series 1 Warrant entitling the holder thereof to acquire one Common Share at an exercise price of U.S.$1.50 per share for a period of 18 months following the issuance of the Series 1 Warrant.

Series 1 Warrant means the Series 1 Common Stock Purchase Warrant, in the form of Exhibit B attached hereto, delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to three (3) years.

Examples of Series 1 Warrant in a sentence

• Subject to the terms and conditions set forth herein, this Warrant shall be exercisable (in whole or in part) during the term commencing on the Issue Date hereof and ending at 5:00pm eastern standard time, on the Expiration Date set forth above (the “Exercise Period”); provided, however, that it shall be a condition to the exercise of this Warrant that the Holder shall have exercised in full the Series 1 Warrant issued to Holder.

• Each A Unit consisted of one Class A share and one transferable Series 1 Warrant.

• The Exercise Price, the number of shares covered by each Warrant and the number of Warrants outstanding are subject to adjustment from time to time as provided in Section 3 of the Series 1 Warrant Certificate or the Series 2 Warrant Certificate, as applicable.

• The Series 1 Warrants and the Series 2 Warrants shall cease to be exercisable and shall terminate and become void, and all rights thereunder and under this Agreement shall cease, at or prior to the Close of Business on the Termination Date (as such term is defined in the Series 1 Warrant Certificate and the Series 2 Warrant Certificate, respectively).

• Based upon information provided by Intracoastal Capital LLC (“Intracoastal”) in its Schedule 13G filing with the SEC on April 1, 2019, Intracoastal is the beneficial owner of 3,858,977 shares of Common Stock, which consisted of (i) 525,643 shares of Common Stock held by Intracoastal, (ii) 1,666,667 shares of Common Stock issuable upon exercise of Series 1 Warrant and (iii) 1,666,667 shares of Common Stock issuable upon exercise of Series 2 Warrant.

• All Warrants originally issued by the Company subsequent to any adjustment made to the Exercise Price pursuant to the Series 1 Warrant Certificate or the Series 2 Warrant Certificate, as applicable, shall evidence the right to purchase, at the adjusted Exercise Price, the number of shares of Common Stock purchasable from time to time hereunder upon exercise of the Warrants, all subject to further adjustment as provided herein.

• By: /s/ Scott KaufmanName:Scott KaufmanTitle: Chief Executive Officer LEVISTON RESOURCES LLC By: /s/ Roman RogolName:Roman RogolTitle: Chief Financial Officer [Signature Page to Amendment No. 1 to Series 1 Warrant] Exhibit 10.11 AMENDMENT NO.

• The Series 1 Warrant Shares are subject to the terms, rights and provisions set forth in the Company’s articles of incorporation, as amended and/or restated from time to time.

• As soon as practicable after the exercise of this Warrant, and in any event within ten (10) days following such exercise, the Company at its expense will cause to be issued in the name of, and delivered to, the Holder a certificate or certificates for the number of full Series 1 Warrant Shares to which such Holder shall be entitled upon such exercise.

• Each Series 1 Warrant, Series 2 Warrant and Series 3 Warrant will be the same as the Series 1 Warrants, Series 2 Warrants and Series 3 Warrants issued in the Offering, respectively.

More Definitions of Series 1 Warrant

Series 1 Warrant means a warrant entitling the holder to purchase one Series 1 Share at a price of $1.50, exercisable until the earlier of (i) June 30, 2022; and (ii) 12 months from the Qualification Date.

Series 1 Warrant means the Common Stock purchase warrants, substantially in the form of Exhibit B attached hereto, delivered to Purchasers at the Closing.

Series 1 Warrant means the Series 1 Warrant issued by the Corporation pursuant to the Class A Preferred Share Subscription Agreement dated as of the date hereof between the Holder and the Corporation;