Cross Border Uses in Representations and Warranties of Cross Border Clause

Representations and Warranties of Cross Border from Inter Borrower Agreement

This Inter-Borrower Agreement (this "Agreement") is made and entered into this 5th day of February, 2013 (the "Effective Date"), by and between Red Mountain Resources, Inc., a Florida corporation ("Red Mountain"), RMR Operating LLC, a Texas limited liability company ("RMR Operating"), Black Rock Capital, Inc., an Arkansas corporation ("Black Rock", and together with Red Mountain and RMR Operating, the "Red Mountain Parties") and Cross Border Resources, Inc., a Nevada corporation ("Cross Border"). Red Mountain, RMR Operating, Black Rock and Cross Border are referred to herein, individually, as a "Party" and, collectively, as the "Parties".

Representations and Warranties of Cross Border. Cross Border represents and warrants to each Red Mountain Party as follows:

Representations and Warranties of Cross Border from Inter Borrower Agreement

This Inter-Borrower Agreement (this "Agreement") is made and entered into this 5th day of February, 2013 (the "Effective Date"), by and between Red Mountain Resources, Inc., a Florida corporation ("Red Mountain"), RMR Operating LLC, a Texas limited liability company ("RMR Operating"), Black Rock Capital, Inc., an Arkansas corporation ("Black Rock", and together with Red Mountain and RMR Operating, the "Red Mountain Parties") and Cross Border Resources, Inc., a Nevada corporation ("Cross Border"). Red Mountain, RMR Operating, Black Rock and Cross Border are referred to herein, individually, as a "Party" and, collectively, as the "Parties".

Representations and Warranties of Cross Border. Cross Border represents and warrants to each Red Mountain Party as follows: