Verification of Authorization. With each tendered delivery of shares as provided in Subsections 2.1.1 through 2.1.4, ALY shall provide IIM with certified copies of the resolutions of ALY’s board of directors and its shareholders, if applicable, authorizing the issuance of common shares, subject to the parameters imposed by the CDNX. Similarly, with each tendered delivery of shares as provided in Subsections 2.1.1 through 2.1.4, IIM shall provide ALY with certified copies of the resolutions of IIM’s board of directors and IIM’s shareholders, if applicable, authorizing the acceptance of common shares of ALY.
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 (I Minerals Inc)