Common use of Future Plans Clause in Contracts

Future Plans. The Company is currently looking out for and evaluating opportunities, including but not limited to potential mergers and acquisitions targets. The completion of these potential mergers and acquisition(s) may or may not result in a reverse takeover. The Company intends to move quickly to facilitate the entry into a sale and purchase agreement pertaining to such mergers and acquisition(s) and is likely to apply for an extension pursuant to Rule 1017(2) of the Catalist Rules.

Appears in 2 contracts

Sources: Sale and Purchase Agreement, Sale and Purchase Agreement