Fractional Securities. No holder of Western Copper Shares shall receive fractional securities of Western Amalco, NorthIsle or Copper North and no cash will be paid in lieu thereof. Any fractions resulting will be rounded to the nearest whole number, with fractions of one-half or greater being rounded to the next higher whole number and fractions of less than one-half being rounded to the next lower whole number.
Appears in 4 contracts
Samples: Arrangement Agreement (Western Copper CORP), Amended and Restated Arrangement Agreement (Western Copper CORP), Amended and Restated Arrangement Agreement (Copper North Mining Corp.)