# Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting SharesSample Clauses

Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person, shall be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 x A/B where: A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person.
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. (a) For purposes of this Agreement, in determining the percentage of outstanding Voting Shares with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares of which such person is deemed to be the Beneficial Owner shall be deemed to be outstanding.
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person, shall be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 x A/B where:
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement:
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For the purposes of this agreement,
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For the purposes of this Agreement, in determining the percentage of the outstanding Voting Shares of the Corporation with respect to which a Person is or is deemed to be the Beneficial Owner, all Voting Shares of the Corporation as to which such Person is deemed the Beneficial Owner shall be deemed to be outstanding. The percentage of outstanding Voting Shares Beneficially Owned by any Person shall, for the purpose of this Agreement, be and be deemed to be the product determined by the formula: A 100 x - B where:
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person is the product (expressed as a percentage) determined by the formula: 100 x A/B where:
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. 16 Section 1.6 Acting Jointly or in Concert. 17 Section 1.7 Statutory References. ARTICLE 2 THE RIGHTS Section 2.1 Legend on Common Share Certificates. Section 2.2 Initial Exercise Price; Exercise of Rights; Detachment of Rights. Section 2.3 Adjustments to Exercise Price; Number of Rights. Section 2.4 Date on Which Exercise is Effective. Section 2.5 Execution, Authentication, Delivery and Dating of Rights Certificates. Section 2.6 Registration, Registration of Transfer and Exchange. Section 2.7 Mutilated, Destroyed, Lost and Stolen Rights Certificates. Section 2.8 Persons Deemed Owners. Section 2.9 Delivery and Cancellation of Rights Certificates. Section 2.10 Agreement of Rights Holders. Section 2.11 Rights Certificate Holder not Deemed a Shareholder. 30 ARTICLE 3 ADJUSTMENTS TO THE RIGHTS IN THE EVENT OF CERTAIN TRANSACTIONS Section 3.1 Flip-in Event. 30 ARTICLE 4 THE RIGHTS AGENT 32 Section 4.1 General. Section 4.2 Merger or Amalgamation or Change of Name of Rights Agent. Section 4.3 Duties of Rights Agent. Section 4.4 Change of Rights Agent. Section 4.5 Compliance with Money Laundering Legislation. Section 4.6 Privacy Provision. ARTICLE 5 MISCELLANEOUS SECTION 36 Section 5.1 Redemption and Waiver. 36 Section 5.2 Expiration. 38 Section 5.3 Issuance of New Rights Certificates. Section 5.4 Supplements and Amendments. SHAREHOLDER RIGHTS PLAN Section 5.5 Fractional Rights and Fractional Shares. Section 5.6 Rights of Action. Section 5.7 Notices. 40 Section 5.8 Successors. Section 5.9 Benefits of this Agreement. 41 Section 5.10 Governing Law. 41 Section 5.11 Severability. 41 Section 5.12 Effective Date. 42 Section 5.13 Determinations and Actions by the Board of Directors. 42 Section 5.14 Rights of Board, Corporation and Offeror. 42 Section 5.15 Regulatory Approvals. 42 Section 5.16 Declaration as to Non-Canadian Holders. Section 5.17 Time of the Essence. 43 Section 5.18 Execution in Counterparts. SCHEDULE Schedule Section 2.2(3) PAGE 3 SHAREHOLDER RIGHTS PLAN SHAREHOLDER RIGHTS PLAN AGREEMENT THIS AGREEMENT dated as of May 30, 2011 between Virginia Mines Inc. (the “Corporation”), a corporation incorporated under the laws of Canada, and CIBC Mellon Trust Company, a corporation existing under the laws of Canada, as rights agent (the “Rights Agent”, which term shall include any successor Rights Agent hereunder).