Attached files
EXHIBIT 5
HART & TRINEN, LLP
ATTORNEYS AT LAW
1624 Washington Street
Denver, CO 80203
William T. Hart, P.C. ________ Email: harttrinen@aol.com
Donald T. Trinen Facsimile: (303) 839-5414
(303) 839-0061
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Will Hart
May 28, 2010
Synergy Resources Corporation
20203 Highway 60
Platteville, CO 80651
This letter will constitute an opinion upon the legality of the sale by
certain shareholders of Synergy Resources Corporation, a Colorado corporation
(the "Company"), of:
o up to 11,250,000 shares of common stock which may be issuable upon the
conversion of outstanding notes;
o up to 9,000,000 shares of common stock issuable upon the exercise of
the Company's Series C warrants; and
o up to 1,125,000 shares of common stock which are issuable upon the
exercise of the Company's Series D warrants.
all as referred to in the Registration Statement on Form S-1 filed by the
Company with the Securities and Exchange Commission.
We have examined the Articles of Incorporation, the Bylaws, and the
minutes of the Board of Directors of the Company, and the applicable laws of the
State of Colorado applicable provisions of the Colorado Revised Statutes and the
Colorado Constitution, all reported judicial decisions interpreting the same,
and a copy of the Registration Statement. In our opinion,
(i) the shares of the Company's common stock issuable upon the conversion
of the notes when issued, will be legally issued, fully paid and non-assessable
shares of the Company's common stock; and
(ii) any shares issued upon the exercise of the Series C or D warrants
listed above, if exercised in accordance with their terms, will be legally
issued and will represent fully paid and non-assessable shares of the Company's
common stock.
Very truly yours,
HART & TRINEN
/s/ William T. Hart
William T. Har