FT Units definition

FT Units has the meaning ascribed to such term on the face page of this Agreement;

FT Units means the flow-through units of the Company issuable upon the conversion of the FT Subscription Receipts, each of which will be comprised of one FT Share and one Warrant.

FT Units means the flow-through units of the Company offered pursuant to the Offering, each FT Unit consisting of one Flow-Through Share and one FT Unit Warrant.

Examples of FT Units in a sentence

• Offering Price $0.175 per FT Unit (the “Offering Price”) Total Amount Up to $350,000 Purchased Securities The securities offered will be FT Units of the Issuer.

• This Subscription Agreement, when executed by the Purchaser and delivered to the Issuer, will constitute a subscription for the FT Units which will not be binding on the Issuer until accepted by the Issuer by executing this Subscription Agreement in the space provided on page 3 and, notwithstanding the Agreement Date, if the Issuer accepts the subscription by the Purchaser, this Subscription Agreement will be and be deemed to be entered into on the date of such execution by the Issuer.

• Selling Jurisdictions The FT Units may be sold in each of the provinces of Canada (the "Canadian Selling Jurisdictions").

• Compensation to Finders Certain finders may receive a cash commission of up to 7% and that number of non-transferable warrants equal to up to 7% of the number of FT Units sold to Purchasers under the Offering, with each finder’s warrant entitling the holder to purchase one Common Share for a period of one year at an exercise price of $0.125 per Common Share.

• The FT Unit Shares and Warrants issued upon the conversion of the Flow-Through Unit Subscription Receipts shall not be subject to any Canadian legend restriction and shall be freely tradeable as the Corporation is required to have duly filed and qualified a prospectus in respect of the distribution of the FT Units.

More Definitions of FT Units

FT Units means the units of the Company offered for sale under this Prospectus, each unit being comprised of one FT Share and one-half of one FT Warrant.

FT Units means up to 2,500,000 flow-through units of the Company which may be purchased under the Financing at the price of $0.08 per FT Unit, where each FT Unit consists of one flow-through Common Share and one non-flow-through share purchase NFT Warrant entitling the holder to acquire one additional non-flow-through Common Share at the price of $0.125 for a period of up to two years;

FT Units means units issued pursuant to a private placement that took place in conjunction with the Recapitalization, with each unit consisting of one Common Share issued on a “flow-through” basis in accordance with the Tax Act and one Performance Warrant;

FT Units means the flow-through units of the Company sold pursuant to the Offering at a price of $0.75 per FT Unit.

FT Units means units of the Company consisting of one flow-through Share and one-half of one non flow through share purchase warrant to be offered under the Private Placement;

FT Units means units of the Corporation, each FT Unit being comprised of one Flow-Through Share and one half of one Warrant;

FT Units mean units of securities of the Corporation, each consisting of one FT Unit Share and one Warrant, to be issued pursuant to the FT Subscription and Renunciation Agreements;