EXHIBIT 4.1 INCORPORATED UNDER THE LAWS OF THE STATE OF WASHINGTON NUMBER SHARES C GLADSTONE RESOURCES, INC. 6,000,000 NONASSESSABLE SHARES AUTHORIZED NO PAR CUSIP 376658 10 0 This Certifies that is the owner of SHARES, OF THE CAPITAL STOCK OF Gladstone Resources, Inc. transferable on the books of the corporation by the holder hereof, in person or by Attorney upon surrender of this Certificate properly endorsed. IN WITNESS WHEREOF, the said Corporation has caused this Certificate to be signed by its duly authorized officers and its Corporate Seal to be hereunto affixed this ______ day of ________________ A.D. 19_____. COUNTERSIGNED: TranSecurities International, Inc. 2510 N. Pines Ste. 202 President Spokane, WA 99206 --------------------------- - - --------------------------------- Secretary Authorized Signature TRANSFER AGENT --------------------------- EXPLANATION OF ABBREVIATIONS The following abbreviations, when used in the form of ownership on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations. Abbreviations in addition to those appearing below may be used. Phrase Phrase Abbreviation Equivalent Abbreviation Equivalent - - ------------ ---------- ---------- ------------ JT TEN As joint tenants, with right of survivorship TEN BY ENT As tenants by the entireties and not as tenants in common TEN IN COM As tenants in common UNIF GIFT MIN ACT Uniform Gifts to Minors Act Word Word Word Abbreviation Equivalent Abbreviation Equivalent Abbreviation Equivalent - - ------------ ---------- ------------ ---------- ------------ ---------- ADM Administrator(s) EST Estate, Of estate of PARParagraph Administratrix EX Executor(s), Executrix PL Public Law AGMT Agreement FBO For the benefit of TR (As) trustee(s), for, of ART Article FDN Foundation U Under CH Chapter GDN Guardian(s) UA Under agreement CUST Custodian for GDNSHP Guardianship UW Under will of, Of will of, DEC Declaration MIN Minor(s) Under last will & testament DTD Dated - - -------------------------------------------------------------------------------- - - ---------------------------------------------------- FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers the shares of the common capital stock represented by the within certificate as follows: - - -------------------------------------------------------------------------------- - - ---------- ( ) SHARES Indicate the number of shares TO ----------------------------------------------------------------------------- - - ---------------------------------- (Full name and address of assignee should be typewritten or printed legibly) - - -------------------------------------------------------------------------------- - - ---------------------------------- S.S. or other I.D. Number Street City State Zip Code - - -------------------------------------------------------------------------------- - - ---------- ( ) SHARES Indicate the number of shares TO ----------------------------------------------------------------------------- - - ---------------------------------- (Full name and address of assignee should be typewritten or printed legibly) - - -------------------------------------------------------------------------------- - - ---------------------------------- S.S. or other I.D. Number Street City State Zip Code and hereby irrevocably constitute and appoint - - -------------------------------------------------------------------------------- - - ----------------------- as attorney to transfer the said stock on the books of the within-named corporation with full power of substitution in the premises Dated -------------------------------- (Sign Here) ---------------------------- - - ------------------------------ (Signature must correspond with name on page of certificate) (Sign Here) -------------------------------------- - - -------------------- (Signature must correspond with name on page of certificate) IMPORTANT NOTICE: When you sign your name to this Assignment Form without filling in the name of your "Assignee" or "Attorney," this stock certificate becomes fully negotiable, similar to a check endorsed in blank. Therefore, to safeguard a signed certificate, it is recommended that you either (1) fill in the name of the new owner SIGNATURE(S) MUST BE GUARANTEED to the "Assignee" blank, or (2) IF YOU ARE SENDING THE SIGNED CERTIFICATE TO YOUR BANK OR BROKER, fill in the name of the bank or broker in the "Attorney" blank. Alternatively, instead of using this Assignment Form, you may sign a separate "stock power" form and then mail the unsigned stock certificate and the signed "stock power" in separate envelopes. For added protection, use insured mail for stock certificates.