Offering Amount. Investors shall have agreed to purchase an aggregate number of Purchased Units for an aggregate Total Purchase Price equal to or greater than the Minimum Offering Amount but equal to or less than the Maximum Offering Amount.
Offering Amount. Purchasers shall have remitted an aggregate of not less than $130 million in Subscription Amounts to the Company (including not less than $2.7 million in aggregate Subscription Amounts remitted by directors and executive officers of the Company).
Offering Amount. Maximum: $16.6 million (16,600 offered units) Minimum: $500,000 (500 offered units) Price Per Unit: $1,000 per offered unit Minimum Subscription: $20,000 (20 offered units) Deferred Plan Eligibility: CLDC offered units are a qualified investment for deferred plans such as RRSP/RRIF/LIRA/ RESP2. Management Fees: 5% Development management fee Performance Fees: An 8% hurdle rate is required to be provided to the investors prior to management being able to participate in any profits, which will be split 70/30 - investors/management. Tax Efficiency: Chestermere Lands has been constructed to allow investors to utilize the TFSA investment vehicle to earn money and pay no tax on the return that is earned on the TFSA portion of the investment. Example: An investor can invest $20k ($18k from RRSP/$2k TFSA). The 8% hurdle rate is paid to their RRSP and the balance of project profits will be paid into their TFSA where amounts are received tax-free2.
Offering Amount. The aggregate amount to be paid for Debentures and Warrants purchased hereunder as specified below such Investor’s name on the signature page of this Agreement shall be no less than the Offering Amount.
Offering Amount. Up to $350,000 (350 Units), at the sole discretion of lender. The Notes:
Offering Amount. The Company may offer and sell more than the Minimum Amount of Preferred Stock Units in its sole discretion, in which case the Share Percentage Interest and Warrant Percentage Interest will increase accordingly. The Placement Agent Maximum Amount may be increased upon mutual approval by the Company and the Placement Agent.
Offering Amount. Up to $7.8 million in Units. In addition, the Agents shall have the option to increase the size of the Offering in whole or in part by up to an additional $780,000 through the issuance of Units on a best efforts basis at any time prior to Closing Date upon written notice to the Company (the “Option”). Agents: Fort House Inc. and Octagon Capital Corporation (the “Agents”) Issue Price: $3.90 per Unit.
Offering Amount. Up to 8,092,796 shares of the Company’s common stock (the “Common Stock”) (or such lesser amount as may be limited by applicable listing standards).
