Common use of Upon Completion of a Feasibility Study Clause in Contracts

Upon Completion of a Feasibility Study. Not later than thirty (30) days after completion of a Feasibility Study, IMA shall deliver to IIM, Four Hundred Thousand (400,000) common shares of IMA and such additional shares as calculated according to Section 2.6 (Additional Consideration), subject to any hold periods and all other restrictions as may be imposed by the TSX Venture Exchange (the “TSX.V”).

Appears in 3 contracts

Sources: Global Settlement and Absolute Release Agreement (I-Minerals Inc), Global Settlement and Absolute Release Agreement (I-Minerals Inc), Assignment Agreement With Contingent Right of Reverter (I Minerals Inc)