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S-1/A - AMENDMENT NO. 2 - Graphene & Solar Technologies Ltdvnge_s1a.htm
EX-8 - Graphene & Solar Technologies Ltdvnge_ex8.htm
EX-99 - Graphene & Solar Technologies Ltdvnge_ex99.htm
EX-23.2 - Graphene & Solar Technologies Ltdvnge_ex232.htm
EX-23.1 - Graphene & Solar Technologies Ltdvnge_ex231.htm
EX-23.3 - Graphene & Solar Technologies Ltdvnge_ex233.htm
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  (303) 839-0061 Facsimile:  (303) 839-5414
 
 
Will Hart
January 15, 2013

Vanguard Energy Corporation
1330 Post Oak Blvd., Suite 1600
Houston, Texas 77056
 
This letter will constitute an opinion upon the legality of the issuance by Vanguard Energy Corporation, a Colorado corporation (the “Company”), of:

  
1,500,000 Class A warrants to the holders of the Company’s Series C warrants;
 
  
up to 1,500,000 shares of common stock to the holders of the Class A warrants if and when the warrants are exercised; and the sale by certain shareholders of the Company of:
 
  
up to 2,897,360 shares of common stock which are issuable upon the exercise of the Company’s Series A, B, D E 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 Company is authorized to issue the 1,500,000 Class A warrants mentioned above and such warrants when issued, will be legal and binding obligations of the Company;

(ii)           any shares issued upon the exercise of the Class A warrants or the Series A, B or D or E  warrants, 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. Hart