Common use of Significant Acquisition Clause in Contracts

Significant Acquisition. The Company has not completed any acquisition or "significant acquisition" (as such term is used in NI 44-101) that would require the inclusion of any additional financial statements or pro forma financial statements in the Registration Statement or the Prospectuses, pursuant to Section 3-05 or Article 11 of Regulation S-X under the Act or pursuant to Canadian Securities Laws, and no proposed acquisition by the Company has progressed to a state where a reasonable person would believe that the likelihood of the Company completing the acquisition is high and that: (i) if completed by the Company at the date of the Canadian Prospectus Supplement and U.S. Prospectus Supplement, would be a significant acquisition for the purposes of Canadian Securities Laws or (ii) would require financial statement disclosure in respect of the acquired business for the purposes of Canadian Securities Laws.

Appears in 2 contracts

Sources: Equity Distribution Agreement (Platinum Group Metals LTD), Equity Distribution Agreement (Platinum Group Metals LTD)

Significant Acquisition. The Company has not completed any acquisition or "significant acquisition" (as such term is used in NI 44-101) or “restructuring transaction” (as such term is defined in NI 51-102) that would require the inclusion of any additional financial statements or pro forma financial statements in the Registration Statement offering documents which such additional financial statements have not already been disclosed in the Public Record or the Prospectuses, pursuant to Section 3-05 or Article 11 of Regulation S-X under the Act or pursuant to Canadian Securities Laws, and no proposed acquisition by the Company has progressed to a state where a reasonable person would believe that the likelihood of the Company completing the acquisition is high and that: that (i) if completed by the Company at the date of the Canadian Prospectus Supplement and U.S. Prospectus Supplement, would be a significant acquisition for the purposes of Canadian Securities Laws Laws, or (ii) would require financial statement disclosure in respect of the acquired business for the purposes of Canadian Securities Laws.

Appears in 1 contract

Sources: Equity Distribution Agreement (Uranium Royalty Corp.)

Significant Acquisition. The Company has not completed any acquisition or "significant acquisition" (as such term is used in NI 44-101) or “restructuring transaction” (as such term is defined in National Instrument 51-102 – Continuous Disclosure Obligations) that would require the inclusion of any additional financial statements or pro forma financial statements in the Registration Statement or the Prospectusesoffering documents, pursuant to Section 3-05 or Article 11 of Regulation S-X under the Act or pursuant to Canadian Securities Laws, and no proposed acquisition by the Company has progressed to a state where a reasonable person would believe that the likelihood of the Company completing the acquisition is high and that: (i) if completed by the Company at the date of the Canadian Prospectus Supplement and U.S. Prospectus Supplement, would be a significant acquisition for the purposes of Canadian Securities Laws or (ii) would require financial statement disclosure in respect of the acquired business for the purposes of Canadian Securities Laws.

Appears in 1 contract

Sources: Equity Distribution Agreement (GoldMining Inc.)

Significant Acquisition. The Company has not completed any acquisition or "significant acquisition" (as such term is used in NI 44-101) acquisition for the purposes of Applicable Securities Laws that would require the inclusion of any additional financial statements or pro forma financial statements in the Registration Statement or the Prospectuses, pursuant to Section 3-05 or Article 11 of Regulation S-X under the Act or pursuant to Canadian Securities Laws, and no proposed acquisition by the Company has progressed to a state where a reasonable person would believe that the likelihood of the Company completing the acquisition is high and that: (i) if completed by the Company at the date of the Canadian Prospectus Supplement and U.S. Prospectus Supplement, would be a significant acquisition for the purposes of Canadian Applicable Securities Laws or (ii) would require financial statement disclosure in respect of the acquired business for the purposes of Canadian Securities Laws.

Appears in 1 contract

Sources: Equity Distribution Agreement (Trilogy Metals Inc.)