Common use of Method of Exercise of the Warrant Clause in Contracts

Method of Exercise of the Warrant. The right to purchase Common Shares hereunder may be exercised, prior to the Expiry Time, by the holder surrendering to the Corporation the Warrant Certificate, together with a duly completed and executed exercise form substantially in the form attached hereto as Schedule "B" and cash or a certified cheque, bank draft or wire transfer payable to or to the order of the Corporation representing the purchase price applicable at the time of surrender in respect of the Common Shares subscribed for in lawful money of Canada. The Warrant Certificate and payment shall be deemed to be delivered only upon actual receipt of same by the Corporation.

Method of Exercise of the Warrant. The right to purchase Common Shares hereunder may be exercised, prior to the Expiry Time, by the holder surrendering to the Corporation the Warrant Certificate, together with a duly completed and executed exercise form substantially in the form attached hereto as Schedule "“B" ” and cash or a certified cheque, bank draft or wire transfer payable to or to the order of the Corporation representing the purchase price applicable at the time of surrender in respect of the Common Shares subscribed for in lawful money of Canada. The Warrant Certificate and payment shall be deemed to be delivered only upon actual receipt of same by the Corporation.