VOID VOID VOID
| NUMBER | SHARES | |
GS98 | *1********* **1******** ***1******* ****1****** |
AKELA PHARMA INC.
INCORPORATED UNDER THE CANADA BUSINESS CORPORATIONS ACT
THIS CERTIFIES THAT
** SPECIMEN **
**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98 **SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98 **SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98 **SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP
| is the registered owner of | CUSIP: 00972X 20 0 ISIN: CA00972X2005 |
** ONE **
**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98 **SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98 **SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98 **SPECIMEN**1 Common Shares**CUSIP 00972X200**Certificate GS98**SPECIMEN**1 Common
FULLY PAID AND NON-ASSESSABLE COMMON SHARES IN THE CAPITAL OF
AKELA PHARMA INC.
transferable only on the books of the Corporation by the registered holder in person or by duly authorized Attorney on surrender of this Certificate properly endorsed.
This Certificate is not valid until countersigned and registered by the Transfer Agent and Registrar of the Corporation.
IN WITNESS WHEREOF the Corporation has caused this Certificate to be signed by its duly authorized officers.
| DATED: March 24, 2007 | COUNTERSIGNED AND REGISTERED by Equity Transfer & Trust Company, Toronto, Ontario, Canada as Main Transfer Agent and Registrar and Registrar and Transfer Company, Cranford, NJ, USA as Co-Transfer Agent | |||
/s/ Halvor Jaeger Halvor Jaeger Chief Executive Officer | /s/ Andrew Reiter Andrew Reiter Chief Financial Officer |
By: | AUTHORIZED OFFICER |
The Shares represented by this Certificate are transferable at the offices of Equity Transfer & Trust Company, Toronto, Ontario, Canada, and at the offices of Registrar and Transfer Company, Cranford, NJ, USA.
SECURITY INSTRUCTIONS ON REVERSE VOIR LES INSTRUCTIONS DE SÉCURITÉ AU VERSO
3090794
FOR VALUE RECEIVED, hereby sell, assign and transfer unto
PLEASE INSERT SOCIAL INSURANCE NUMBER OF TRANSFEREE
/ / - / / - / /
(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS OF ASSIGNEE)
Shares | ||
| of the Capital Stock represented by the within Certificate, and do hereby irrevocably constitute and appoint | ||
| Attorney | ||
| to transfer the said Stock on the Books of the within named Corporation, with full power of substitution in the premises. | ||
Dated
Signature:
NOTICE: THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE CERTIFICATE, IN EVERY PARTICULAR, WITHOUT ALTERATION OR ENLARGEMENT, OR ANY CHANGE WHATSOEVER, AND MUST BE GUARANTEED BY A SCHEDULE 1 CANADIAN CHARTERED BANK OR AN ELIGIBLE GUARANTOR INSTITUTION WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM.
Guaranteed by:
The class of shares represented by this certificate has rights, privileges, restrictions or conditions attached thereto and the Corporation will furnish a shareholder, on demand and without charge, with a full copy of the text of (i) rights, privileges, restrictions and conditions attached to each class authorized to be issued and to each series insofar as the same have been fixed by the directors, and (ii) the authority of the directors to fix the rights, privileges, restrictions and conditions of subsequent series.
