|
<page>
Exhibit 4.6.3
Certificate # 1
--------------
Number of Common Stock Purchase Warrants 27,205,867
---------------------------
This Is To Certify That: MOBILESTREAM OIL, INC.
-----------------------------------------------------
Is The Owner of: TWENTY-SEVEN MILLION TWO HUNDRED FIVE THOUSAND
EIGHT HUNDRED
AND SIXTY-SEVEN
-------------------------------------------------------------
Global Resource Corporation Common Stock Warrants
FOR VALUE RECEIVED, Global Resource Corporation, a Nevada
corporation (the
"Company") whose address is 408 Bloomfield Drive, Unit # 1, West
Berlin, New
Jersey, 08091, grants the following rights to the above
("Holder".)
As used herein, the following terms shall have the following
meanings,
unless the context shall otherwise require: (a) "Common Stock"
shall mean the
common stock, par value $0.001, of the Company. (b) "Corporate
Office" shall
mean the office of the Company (or its successor) at which at
any particular
time its principal business shall be administered, which office
is located at
the date hereof at 408 Bloomfield Drive, Unit # 1, West Berlin,
New Jersey
08091. (c) "Effective Date" shall mean the date on which the SEC
declares
effective a registration statement filed under the Securities
Act of 1933 that
covers the issuance and resale of the Shares issuable upon the
exercise of this
Warrant. (d) "Exercise Date" shall mean any date upon which the
Holder shall
give the Company a Notice of Exercise, which shall be deemed the
date the Notice
of Exercise was first deposited in the U.S. Mails, if mailed, or
the date
received by the courier company if delivered by recognized
courier company, or
the date received by the Company if otherwise given or
delivered. (e) "Exercise
Price" shall mean the price to be paid to the Company for each
share of Common
Stock to be purchased upon exercise of this Warrant in
accordance with the terms
hereof, which shall be $4.75 per share. (f) "Expiration Date"
shall mean 5:00 PM
(Eastern Time) on December 31, 2008. (g) "SEC" shall mean the
United States
Securities and Exchange Commission.
2.1 EXERCISE OF WARRANT: This Warrant shall entitle Holder to
purchase one (1)
share of Common Stock (the "Share") at the Exercise Price. This
Warrant shall be
exercisable at any time and from time to time on and after the
Effective Date
and prior to the Expiration Date (the "Exercise Period") upon
execution. This
Warrant and the right to purchase the Share hereunder shall
expire and become
void at the Expiration Date.
2.2 MANNER OF Exercise: (a) Holder may exercise the Warrant at
any time and from
time to time during the Exercise Period by delivering to the
Company at its
Corporate Office (i) a duly executed Notice of Exercise in
substantially the
form attached as Appendix 1 hereto and (ii) a bank cashier's or
certified check
for the aggregate Exercise Price of the Share being purchased.
(b) From time to
time upon exercise of this Warrant in accordance with its terms,
the Company
will cause its transfer agent to countersign a
| 
