ARTICLE II PURCHASE AND SALE OF PURCHASED SHARES SECTION 2.1. Purchase and Sale. 2.1.1 Purchase. Subject to the terms and conditions of this Agreement, at the Closing, the Purchaser shall purchase from the relevant Seller, and each Seller shall sell, convey, transfer, assign and deliver to the Purchaser all of its right, title and interest in the following securities (the "Purchased Shares"): (a) all of the issued and outstanding common shares of Amalco (the "Amalco Common Shares"); (b) all of the issued and outstanding preferred shares of Amalco held by CQIM and the Additional Sellers (the "Amalco Preferred Shares", and together with the Amalco Common Shares, the "Amalco Shares"), (c) all of the issued and outstanding shares of 2274659 Ontario Inc. ("RoadCo", and together with Amalco, the "Targets") held by Cliffs Netherlands (the "RoadCo Shares"); (d) all of the issued and outstanding shares of KWG Resources Inc. (the "KWG") held by Cliffs Greene (the "KWG Shares"); and (e) all of the issued and outstanding shares of Debut Diamonds Inc. ("Debut") held by Cliffs Greene (the "Debut Shares"), in each case, free and clear of all Liens.