EXHIBIT 4.62
SUBSCRIPTION AGREEMENT
To: Amador
Gold Corp. (the "Issuer") of 16493 - 26th Avenue, Surrey, B.C.
V3S 9W9
The undersigned (the "Subscriber") hereby acknowledges that the Issuer is
proceeding with a private placement of units of the Issuer
(the "Units") at
a
price of $0.40 per Unit, each Unit being comprised of two (2) flow-through
common shares and one (1) non-flow-through common share in the capital of
the
Issuer (a "Share")
and three (3) common
share purchase
warrants of the
Issuer
(the "Warrants"),
and tenders to the
Issuer this subscription offer which, upon
acceptance by the Issuer, will constitute an agreement of the Subscriber to
subscribe for, take up,
purchase and pay for and, on the part of the Issuer, to
issue and sell to the Subscriber the number of Units set out below (the
"Purchased Securities") on the terms and subject to the
conditions set out
in
this Agreement.
--------------------------------------------------------------------------------
Number of Units:
___
Total Purchase
Price at $0.40 per Unit:
___
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PLEASE MAKE CHEQUES AND BANK
DRAFTS PAYABLE TO "AMADOR GOLD CORP."
DATED at __________________,
this ________ day of __________________, 2004.
(Name of Subscriber - please
print)
(Subscriber's Address)
by:
____________________________________________
__________________________
(Official Capacity or Title -
please print)
________________________________________________
__________________________
(Telephone Number)
________________________________________________
__________________________
(Please print name of
individual whose signature (E-mail
Address)
appears above if different
than the name of the
Subscriber printed above).
__________________________
SOCIAL INSURANCE NUMBER
<PAGE>
DETAILS OF BENEFICIAL
PURCHASER IF NOT SAME AS SUBSCRIBER:
_______________________________________
________________________________
(Name - please print)
(Beneficial Purchaser's Address)
_______________________________________
________________________________
_______________________________________
________________________________
(if space is inadequate please attach
a
schedule containing the necessary
information)
REGISTRATION INSTRUCTIONS:
DELIVERY INSTRUCTIONS:
_______________________________________
Instructions:
Name
_______________________________________
________________________________
Account reference, if
applicable
Account reference, if applicable
_______________________________________
________________________________
Address
Contact Name
_______________________________________
________________________________
Address
________________________________
Telephone Number
________________________________
Facsimile Number
PRESENT OWNERSHIP OF
SECURITIES
The Subscriber either [CHECK
APPROPRIATE BOX]:
[_] owns
directly or indirectly, or exercises control or direction over,
no
common shares in the
capital of the Issuer or securities convertible
into common shares in the capital of the Issuer; or
_________
[_] owns
directly or indirectly, or exercises control or direction over,
__________ common
shares in the capital of the Issuer and convertible
securities entitling the Subscriber to acquire an additional
__________
common shares in the capital of the Issuer.
INSIDER STATUS
The Subscriber either [CHECK
APPROPRIATE BOX]:
[_] is an
"Insider" of the Issuer as defined in the SECURITIES ACT
(British
Columbia); or
[_] is not an
Insider of the Issuer.
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<PAGE>
MEMBER OF "PRO
GROUP"
The Subscriber either [CHECK
APPROPRIATE BOX]:
[_] is a
Member of the "Pro
Group" as defined in the Rules of the TSX
Venture Exchange; or
[_] is not a
member of the Pro Group.
This subscription is accepted by Amador Gold Corp.
on the 29th day of October,
2004.
AMADOR GOLD CORP.
By: /s/ Rupert L. Bullock
----------------------------
Rupert L. Bullock,
President
1.
INTERPRETATION
1.1. In this
Agreement, unless the context otherwise requires:
(a) "1933 Act"
means the United States SECURITIES ACT of 1933,
as
amended;
(b) "Acts"
means the Alberta
Act, the B.C. Act and the Ontario
Act, collectively;
(c) "Alberta
Act" means the SECURITIES ACT (Alberta), the
regulations and rules
made thereunder
and all instruments,
policy statements,
blanket orders,
notices, directions and
rulings issued by the Alberta Securities Commission, all as
amended;
(h) "B.C.
Act" means the
SECURITIES ACT (British Columbia), the
regulations and rules
made thereunder
and all instruments,
policy
statements,
blanket orders,
notices, directions and
rulings issued by the British Columbia Securities Commission,
all as amended;
(i) "BI
72-503" means BC Instrument 72-503 of the British
Columbia
Securities Commission
entitled "Distribution of Securities
Outside of British Columbia";
(j) "CEE"
means Canadian Exploration Expenses, as defined in
subsection 66.1(6) of the ITA;
(k) "Closing"
means the day the Purchased Securities are issued to
the Subscriber;
(l)
"Commissions" means
the Alberta Securities
Commission,
the
British Columbia
Securities
Commission
and the Ontario
Securities Commission;
(m) "Directed
Selling Efforts" has the meaning ascribed
to it in
Regulation S;
(n) "Eligible
Investor" means:
(i) a person
or Corporation whose:
(A) net
assets, alone or with
a spouse,
exceed
$400,000;
(B) net income
before taxes exceeded
$75,000 in
each of the two most
recent years
and who
reasonably expects
to exceed that income
level in the current year; or
(C) net income
before taxes
combined with
that
of a spouse exceeded $125,000 in each of the
two most recent
years and who reasonably
expects to exceed that
income level in
the
current year;
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<PAGE>
(ii)
a person or
Corporation of which a
majority of
the
voting securities are beneficially owned by eligible
investors or a majority of the directors are eligible
investors;
(iii) a
general partnership
in which all of the
partners
are eligible investors;
(iv)
a limited partnership
in which the
majority of
the
general partners are eligible investors;
(v) a trust or
estate in which all of
the
beneficiaries
or a majority of the trustees are eligible investors;
(vi)
an accredited
investor as defined in Multilateral
Instrument 45-103; or
(vii) a
person or Corporation that has obtained advice
regarding the
suitability of the
investment and
if
the person or
Corporation is in a
jurisdiction
of
Canada that
advice has been obtained from an
investment
dealer,
securities
dealer or their
equivalent, registered
under
the securities
legislation of the jurisdiction;
(o) "Exchange"
means the TSX Venture Exchange;
(p)
"Exemptions"
means the exemptions from the prospectus
requirements of the
Acts which are outlined in Part 4 of
Multilateral
Instrument 45-103, BI
72-503 and Section 2.3 of
Rule 45-501;
(q)
"Exploration
Expenditures" means
expenditures which
qualify
for CEE;
(r)
"Exploration Fund"
means the exploration
fund created from
100% of the proceeds
from the sale of the
FT Shares,
to be
expended on the Exploration Program which will qualify as
CEE
under the ITA;
(s)
"Exploration Program"
means the exploration program which the
Issuer intends to undertake with respect to its
properties;
(t)
"Flow-Through
Subscription Funds"
means the subscription
proceeds paid by the
Subscriber for FT
Shares as provided in
subsection 2.3;
(u) "Foreign
Issuer" has that meaning ascribed to it in Regulation
S;
(v) "FT
Shares" means the previously unissued common shares in
the
capital of the Issuer
offered by the Issuer
pursuant to
the
Private Placement comprising part of the Units;
(w) "ITA"
means Income Tax Act (Canada) and the regulations
thereunder, both as amended;
(x)
"Multilateral Instrument 45-102" means Multilateral
Instrument
45-102 "Resale
of Securities" published by the Canadian
Securities Administrators;
(y)
"Multilateral Instrument 45-103" means Multilateral
Instrument
45-103 "Capital Raising Exemptions" adopted by the Alberta
and
British Columbia Securities Commissions;
(z) "NFT
Shares" means the
previously unissued
common shares
in
the capital of the
Issuer offered by the
Issuer pursuant
to
the Private Placement comprising part of the Units;
(aa)
"Offering Memorandum"
means the offering memorandum dated
OCTOBER 8,
2004, including all documents incorporated by
reference therein and
any amendments or supplements thereto,
which has been by the Issuer in connection with the Private
Placement;
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<PAGE>
(bb)
"Ontario Act"
means the SECURITIES ACT (Ontario), the
regulations and rules
made thereunder
and all instruments,
policy statements,
blanket orders,
notices, directions and
rulings issued by the Ontario Securities Commission, all as
amended;
(cc)
"Parties" or "Party" means the Subscriber, the Issuer or
both,
as the context requires;
(dd)
"Private Placement"
means the offering of the Units on the
terms and conditions contained in this Agreement;
(ee)
"Purchased Securities"
means those Units which the Subscriber
has agreed to purchase under this Agreement;
(ff)
"Regulation "S" means Regulation S promulgated under the 1933
Act;
(gg)
"Regulatory
Authorities"
means the Commissions and the
Exchange;
(hh)
"Rule 45-501" means Ontario Securities Commission Rule
45-501;
(ii)
"Securities" means the
Units, the FT Shares,
the NFT Shares,
the Warrants
and the Warrant Shares forming part of or
issuable on exercise of the Purchased Securities;
(jj)
"Subscription Agreement" means this agreement made between
the
Subscriber and the Issuer;
(kk)
"Substantial U.S.
Market Interest" has
that meaning ascribed
to it in Regulation S;
(ll)
"United States" has that meaning ascribed to it in
Regulation
S;
(mm)
"Units" means the
units of the Issuer
offered by the
Issuer
pursuant to the Private Placement, each comprised of two FT
Shares, one NFT Share and three Warrants;
(nn)
"U.S. Person" has that
meaning ascribed to it in Regulation S
(which includes, but is not limited to, an individual
resident
in the United
States and an estate or trust of which any
executor or administrator or trustee, respectively, is a U.S.
Person and
any partnership or corporation organized or
incorporated under the laws of the United States);
(oo)
"Warrants" means share
purchase warrants of
the Issuer which
will be issued as part of the Units; and
(pp) "Warrant Shares" means the previously unissued non
flow-through common
shares in the capital of the Issuer which
will be issued upon the exercise of the Warrants.
1.2 Time is of
the essence of this
Agreement and will be calculated in
accordance with the
provisions of the INTERPRETATION ACT (British Columbia).
1.3 This
Agreement is to be read with all
changes in gender or
number as
required by the
context.
1.4 The
headings in this
Agreement are for
convenience of
reference only
and do not affect the
interpretation of this Agreement.
1.5 All
references to currency refer to Canadian dollars.
1.6 This
Agreement is governed by, subject to and interpreted in
accordance
with the laws prevailing in the Province of
British Columbia and
the courts of
the Province of British
Columbia will have the exclusive jurisdiction over any
dispute arising in connection
with this Agreement.
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<PAGE>
2. THE
UNITS
2.1 Each Unit
will be comprised of
two FT Shares, one NFT
Share and three
Warrants.
2.2 The FT
Shares, the NFT Share and the Warrants will be issued and
registered in the name of the
Subscriber or its nominee.
2.3 The
aggregate subscription price for the Units will be allocated to
the
FT Shares, as to $0.1399 per share,
to the NFT Share, as
to $0.1199 and to the
Warrants as to $0.0001 per
Warrant.
3. THE
WARRANTS
3.1 Each whole
Warrant will entitle
the holder, on
exercise, to
purchase
one Warrant Share at a price of $0.14
for a two year period following the
Closing.
3.2 The
certificates
representing
the Warrants will,
among other things,
include provisions for the
appropriate adjustment in the class, number and price
of the Warrant Shares issued on exercise of the
Warrants upon the occurrence of
certain events, including any
subdivision,
consolidation or reclassification of
the Issuer's common shares,
the payment of stock
dividends and the amalgamation
of the Issuer.
3.3 The issue
of the Warrants will
not restrict or prevent the Issuer from
obtaining any other
financing, or from
issuing additional securities or rights,
during the period within
which the Warrants may be exercised.
4.
REPRESENTATIONS AND WARRANTIES OF THE SUBSCRIBER
4.1 The
Subscriber acknowledges, represents, warrants and covenants
to and
with the Issuer that, as at
the date given above and at the Closing:
(a) no
prospectus
has been filed by the
Issuer with any of the
Commissions in connection with the issuance of the
Securities,
such issuance is exempted from the prospectus requirements of
the Acts and that:
(i) the
Subscriber is
restricted from using
most of the
civil remedies available under the Acts;
(ii)
the Subscriber may not receive information that would
otherwise be required to be provided to him under the
Acts; and
(iii) the
Issuer is relieved from certain obligations that
would otherwise apply under the Acts;
(b) the
Subscriber
certifies that it is resident in British
Columbia, Alberta or Ontario or resident outside of Canada
and
the United States;
(c) the
Subscriber:
(i) is
purchasing the
Purchased Securities
as principal
for its own account
and not for the
benefit of
any
other person
or is deemed under the Acts to be
purchasing the Purchased Securities as principal, and
in either case is purchasing the Purchased Securities
for investment only and not with a view to the resale
or distribution
of all or any of the Purchased
Securities; or
(ii)
is purchasing as agent for a disclosed principal and
is not deemed
under the Acts to be
purchasing
the
Purchased Securities
as principal, and it is duly
authorized to
enter into this Agreement and to
execute and deliver all documentation in connection
with the purchase on behalf of such disclosed
principal, who is purchasing as principal for its own
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<PAGE>
account and not for the benefit of any other person
and for investment
only and not with a view to
the
resale or distribution of all or any of the Purchased
Securities;
(d) the
Subscriber has received a copy of the Offering Memorandum
and has duly completed, signed and delivered to the Issuer
two
Form 45-103.F3 Risk
Acknowledgements in
the form attached as
Appendix II hereto;
(e) the
Subscriber,
if not a resident of British Columbia,
certifies that it is
not resident
in British
Columbia and
acknowledges that:
(i) no
securities
commission
or similar regulatory
authority has reviewed or passed on the merits of the
Securities;
(ii)
there is no government
or other insurance
covering
the Securities;
(iii)
there are risks
associated with the
purchase of the
Securities;
(iv)
there are restrictions on the Subscriber's ability to
resell the Securities and it is the responsibility of
the Subscriber
to find out what those
restrictions
are and to
comply with them before selling the
Securities; and
(v) the Issuer
has advised the Subscriber that the Issuer
is relying on an exemption from the requirements to
provide the Subscriber
with a prospectus and to sell
the Securities
through a person
registered to
sell
securities under the
Acts and, as a
consequence
of
acquiring the Securities pursuant to this
exemption,
certain protections,
rights and remedies provided by
the Act, including
statutory rights of rescission or
damages, will not be available to the Subscriber;
(f) if the
Subscriber is a resident of Alberta, the Subscriber is
either:
(i) an
Eligible Investor
under Multilateral
Instrument
45-103 and the
Subscriber has
completed an Eligible
Investor Status
Certificate
in the form set out
in
Appendix IV and an Accredited Investor Certificate in
the form set out in Appendix V (if applicable); or
(ii)
purchasing Purchased
Securities having an
aggregate
acquisition cost which does not exceed $10,000;
(g) if the
Subscriber
is a resident
of Ontario or is
otherwise
subject to the Ontario Act, the Subscriber is an "accredited
investor" as
defined in Rule
45-501, by virtue of the fact
that the Subscriber falls within one or more of the
sub-paragraphs of the definition of "accredited investor" set
out in Appendix III hereto (the Subscriber having initialled
the applicable sub-paragraph(s);
(h) if the
Subscriber is resident outside of Canada and the United
States, the Subscriber:
(i) is
knowledgeable
of, or has been independently
advised as to the applicable securities laws of the
securities regulatory authorities (the "Authorities")
having application in
the jurisdiction in
which the
Subscriber
is resident
(the
"International
Jurisdiction") which
would apply to the
acquisition
of the Securities, if any;
(ii)
is purchasing the
Purchased Securities
pursuant to
exemptions from
the prospectus and registration
requirements under the applicable securities laws of
the
Authorities in the International Jurisdiction or,
if such is not applicable, the Subscriber is
permitted to purchase the Purchased Securities under
the applicable
securities laws of the Authorities in
the International
Jurisdiction
without the need
to
rely on any exemption; and
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<PAGE>
(iii) the
applicable securities
laws of the Authorities in
the International
Jurisdiction
do not require the
Issuer to make any filings or seek any approvals of
any nature whatsoever
from any Authority of any kind
whatsoever in
the International Jurisdiction in
connection with the
issue and sale or
resale of the
Purchased Securities;
(i) to the
best of the Subscriber's knowledge, the Units were not
advertised;
(j) no
person has made to the Subscriber any written or oral
representations:
(i)
that any person will
resell or repurchase
any of the
Securities;
(ii)
that any person will refund the purchase price of any
of the Securities;
(iii) as
to the future price or value of any of the
Securities; or
(iv)
that any of the Securities will be listed and
posted
for trading on a stock
exchange or that
application
has been made to list and post the any of the
Securities for
trading on a stock
exchange, other
than the listing of the FT Shares, the NFT Share and
the Warrant Shares on the Exchange;
(k) the
Subscriber
is not a "control person" of the Issuer as
defined in the Acts,
will not become a
"control person" by
virtue of the purchase of the Purchased Securities, and does
not intend to act in concert with any other person to form a
control group of the Issuer;
(l) this
subscription
has not been solicited
in any other manner
contrary to the Acts or the 1933 Act;
(m) the
Subscriber
acknowledges that the Securities have not been
registered under the
1933 Act or the
securities laws of
any
state of the United States, and such securities must be held
indefinitely and may not be offered or sold unless registered
under the 1933 Act and the securities laws of all applicable
states of the United States or an exemption from such
registration
requirements is
available, and that
the Issuer
has no obligation or present intention of filing a
registration statement
under the 1933 Act in
respect of
the
any of the Securities;
(n) the
Purchased Securities
are not being acquired
directly or
indirectly, for the
account or benefit of a U.S. Person or a
person in the United States and the Subscriber does not have
any agreement or
understanding (either
written or oral) with
any U.S. Person of a person in the United States
respecting:
(i) the
transfer or assignment
of any rights or interest
in any of the Securities;
(ii)
the division of profits, losses, fees, commissions,
or any financial stake in connection with this
subscription; or
(iii) the
voting of the FT Shares, the NFT Share or the
Warrant Shares;
(o) the
current structure of this transaction and all
transactions
and activities contemplated hereunder is not a scheme to
avoid
the registration requirements of the 1933 Act;
(p) it
has no intention to distribute either directly or
indirectly any of the
Securities
in the United States
or to
U.S. Persons;
(q) the
Subscriber
acknowledges
and agrees that the offer to
purchase the
Purchased Securities was not made to the
Subscriber when the
Subscriber
was in the United
States and
that:
(i) the
Subscriber is not a U.S. Person;
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<PAGE>
(ii)
the Subscriber is not
and will not be purchasing the
Purchased Securities
for the account or benefit of
any U.S. Person;
(iii) the
Subscriber
will not engage in any Directed
Selling Efforts in respect of the Securities;
(iv)
the Subscriber
agrees not to engage in hedging
transactions with
regard to the Securities except in
compliance with the 1933 Act; and
(v) the Issuer
shall refuse to register any transfer
of
the Securities
not made in accordance with the
provisions of Regulation S, pursuant to registration
under the 1933
Act, or pursuant to an available
exemption from registration under the 1933 Act;
(r) the
Subscriber
has no knowledge of a "material fact" or
"material change" (as
those terms are defined in the Acts) in
the affairs
of the Issuer that has not been generally
disclosed to the public, save knowledge of this particular
transaction;
(s)
the
Subscriber's
decision to tender
this offer and
purchase
the Purchased
Securities has not been made as a result of any
verbal or written
representation as to fact or otherwise made
by or on behalf
of the Issuer,
or any other person and is
based entirely upon
currently available
public information
concerning the Issuer
and the information
contained in
this
Agreement and the Offering Memorandum;
(t) the
offer made by this subscription is irrevocable and
requires
acceptance by
the Issuer and approval of the
Exchange;
(u) the
Issuer will have the right to accept
this subscription
offer in whole or in part and the acceptance of this
subscription offer
will be conditional
upon the sale of
the
Purchased Securities
to the Subscriber
being exempt from the
prospectus
requirements of
the relevant securities
legislation;
(v) the
Subscriber has the
legal capacity and competence to enter
into and execute this Agreement and to take all actions
required pursuant
hereto and, if an individual is of full age
of majority, and if the Subscriber is a corporation it is
duly
incorporated and
validly subsisting under the laws of its
jurisdiction of incorporation, and all necessary approvals
by
its directors,
shareholders
and others have been given to
authorize the
execution of this Agreement on behalf of
the
Subscriber;
(w) the
entering into of this Agreement and the transactions
contemplated hereby will not result in the violation of any
of
the terms and
provisions
of any law
applicable
to, or the
constating documents
of, the Subscriber or
of any agreement,
written or oral, to which the Subscriber may be a part or by
which he is or may be bound;
(x)
this
Agreement has been duly executed and delivered by the
Subscriber and
constitutes
a legal, valid and binding
obligation of
the Subscriber enforceable against the
Subscriber;
(y) the
Subscriber
has been independently advised as to the
applicable hold
periods imposed in
respect of the Securities
by applicable
securities legislation
and regulatory policies
and confirms that no
representations by the
Issuer have been
made respecting the hold periods applicable to the
Securities
and is aware of the
risks and other
characteristics
of the
Securities and of the fact that the Subscriber may not be
able
to resell the Securities purchased by it except in
accordance
with the applicable
securities
legislation
and regulatory
policies and that the
Securities
may be subject to resale
restrictions and may bear a legend to this effect;
(z) the
Subscriber,
and any beneficial purchaser for whom the
Subscriber is
acting, is resident in the province or
jurisdiction set out on the cover page of this
Agreement;
(aa)
if required by applicable securities legislation, policy or
order or by any securities commission, stock exchange or
other
regulatory authority,
the Subscriber will
execute,
deliver,
file and
9
<PAGE>
otherwise assist
the Issuer in filing such reports,
undertakings and other
documents with respect to the issue of
the Securities as may be required;
(bb)
the Subscriber has not purchased the Purchased Securities as
a
result of any form of general solicitation or general
advertising, including
advertisements,
articles, notices
or
other communication
published in any
newspaper, magazine
or
similar media or broadcast over radio, television or internet
or any seminar or meeting whose attendees have been invited
by
general solicitation or general advertising;
(cc)
the Subscriber
has been advised to consult its own legal
advisors with respect to resale restrictions applicable to
the
Securities and the Subscriber is solely responsible (and the
Issuer is not
responsible) for
compliance
with applicable
resale restrictions;
(dd)
this
Subscription
Agreement has
been duly and validly
authorized, executed and delivered by and constitutes a
legal,
valid, binding and enforceable obligation of the
Subscriber;
(ee)
the Subscriber,
or, where it is not
purchasing as principal,
each beneficial purchaser, has such knowledge in financial
and
business affairs as to be capable of evaluating the merits
and
risks of its
investment and is able to bear the economic risk
of loss of its investment;
(ff)
the Subscriber, if a
corporation, has
previously filed
with
the Exchange a Form 4C, Corporate Placee Registration Form,
and represents
and warrants that
there has been no change to
any of the information
in the Corporate
Placee
Registration
Form previously filed with the Exchange up to the date of
this
Agreement, or will
deliver a completed Form 4C, Corporate
Placee Registration
Form in the form attached hereto as
Appendix I to the
Issuer for
filing with the Exchange in
accordance with Section 6.2 hereof; and
(gg)
the Subscriber
agrees
that the above representations,
warranties and covenants in this subsection will be true and
correct both as of the execution of this subscription and as
of the day of Closing.
4.2 The
foregoing
representations,
warranties and
covenants will survive
the Closing and are made by
the Subscriber
with the intent that
they be relied
upon by the Issuer in
determining its
suitability as a purchaser of Units, and
the Subscriber hereby agrees
to indemnify the Issuer against all losses, claims,
costs, expenses and damages
or liabilities which any of them may suffer or incur
as a result of reliance
thereon. The Subscriber undertakes to notify the
Issuer
immediately of any change in
any representation,
warranty or other
information
relating to the Subscriber set forth herein which takes place prior to
the
Closing.
5.
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE ISSUER
5.1 The Issuer
represents,
warrants and
covenants that, as of the date
given above and at the
Closing:
(a) the
Issuer is a valid and subsisting corporation in good
standing under the laws of