Common Shares Sample Clauses

Common Shares. The Common Shares have been duly authorized and, when issued and delivered in accordance with the terms of this Agreement, will be validly issued, fully paid and non-assessable, and the issuance of such Common Shares will not be subject to preemptive or other rights afforded by the Company to subscribe for the Common Shares. Upon issuance, the Common Shares will conform in all material respects to the statements relating thereto contained in the Registration Statement, the Prospectus and the General Disclosure Package. Upon payment of the purchase price and delivery of the Common Shares in accordance with this Agreement, each of the purchasers thereof will receive good, valid and marketable title to such Common Shares, free and clear of all liens, charges and encumbrances.
Common Shares. The common stock, par value $0.01 per share, of the Company that may be issued from time to time in accordance with the terms of the Articles of Incorporation and applicable law. Company. Company shall have the meaning set forth in the preamble of this Agreement.
Common Shares. (i) Subject to the rights of the holders of the Preferred Shares, if any, in the event of the termination of the Trust, the holders of the Common Shares shall be entitled to receive pro rata the net distributable assets of the Trust.
Common Shares. References to “Common Shares” and “Seller’s Securities” include any securities into which the Common Shares and other Convertible Securities of the Company may be reclassified, subdivided, consolidated or converted and any rights and benefits arising therefrom, including any distributions of securities which may be declared in respect of such securities.
Common Shares. The term “Common Shares” means common shares of Key.
Common Shares. Each Common Share shall entitle the holder thereof to one vote. The Board of Trustees may reclassify any unissued Common Shares from time to time in one or more classes or series of beneficial interests.
Common Shares. The Company is authorized to issue an unlimited number of no par value common shares. The following table provides the details of changes in the number of issued common shares. NumberAmountOn December 31, 2018 the Company closed a non-brokered private placement of 2,189,500 FT Units for gross proceeds of $602,112 and the first tranche of a non-brokered private placement for WC Units of 1,425,000 WC Units for gross proceeds of $342,000. Each FT Unit was priced at $0.275 and consists of one common share and one-half of a share purchase warrant. Each full warrant (“Warrant”) entitles the holder to purchase one common share at a price of $0.40 per FT Warrant Share for 12 months from closing. Broker warrants exercisable at $0.275 for 12 months from closing for 175,160 common shares were issued to finders. Each WC Unit was priced at $0.24 and consists of one common share and one common share purchase warrant. Each WC Warrant entitles the holder to purchase one common share at a price of $0.35 per WC Warrant Share for 24 months from closing. On January 16, 2019 the Company closed the final tranche of the non-brokered private placement of 1,884,121 WC Units for aggregate gross proceeds of $452,189. Broker warrants exercisable at $0.24 for 12 months from closing for 133,333 common shares were issued to finders. On April 5, 2019 the Company closed a non-brokered private placement of 1,000,000 flow-through shares for gross proceeds of $400,000. Each flow-through share was priced at $0.40. Proceeds from the Offering are expected to be used for drilling and exploration on the Company's Alces Lake Property as well as other properties in Saskatchewan. An eligible finder was paid a cash fee of $24,000 and issued 60,000 FT broker warrants. Each FT broker warrant entitles the holder to acquire one common share at a price of $0.40 for twelve months from closing. On December 16, 2019, the Company closed a first tranche of non-brokered private placement with the sale of 5,087,500 flow-through units (“FT Units) at $0.16 per FT Unit for gross proceeds of $814,000 and 43,500 working capital units (“WC Units”) at $0.15 per WC Unit for proceeds of $6,525, for an aggregate $820,525. Each FT Unit consists of one common share and one half of a share purchase warrant entitling the holder to purchase one common share for one full warrant at a price of $0.25 for twelve months from Closing. Each WC Unit comprises one common share and one common share purchase warrant entitling the holder ...
Common Shares when used with reference to the Company shall mean the shares of Common Stock of the Company, $0.01 par value. “Common Shares” when used with reference to any Person other than the Company shall mean the capital stock (or equity interest) with the greatest voting power of such other Person or, if such other Person is a Subsidiary of another Person, the Person or Persons which ultimately control such first- mentioned Person.
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