Broker Options definition

Broker Options means broker compensation options of the Company;
Broker Options has the meaning given in Section 13 of this Subscription Agreement;
Broker Options means the options held by Xxxxxxxxx to purchase 114,730 Common Shares of Sinomar at a price of $0.30 per share, by Research Capital Corporation to purchase 33,030 Common Shares of Sinomar at a price of $0.30 per share, and by Blackmont Capital Inc. to purchase 18,900 Common Shares of Sinomar at a price of $0.30 per share;

Examples of Broker Options in a sentence

  • The Company wishes to retain as much flexibility as possible to issue additional equity securities in the future without having to obtain Shareholder approval for such issues under Listing Rule 7.1. Accordingly, the Company is seeking Shareholder ratification pursuant to Listing Rule 7.4 for the issue of the Broker Options.

  • The Broker Options were issued pursuant to the Prospectus dated 5 October 2017.

  • Shares issued on exercise of the Broker Options rank equally with the then issued shares of the Company.

  • The Broker Options are exercisable at any time on or prior to the Expiry Date (Exercise Period).

  • The Broker Options are transferable subject to any restriction or escrow arrangements imposed by ASX or under applicable Australian securities laws.


More Definitions of Broker Options

Broker Options or “Broker Warrants” means the broker options for the purchase of Common Shares of the Company, issued to the Agent on automatic or elective exercise of the Subscription Receipts;
Broker Options means the broker options issuable to the Agent entitling the Agent to acquire such number of Common Shares as is equal to 7% of the number of Subscription Receipts sold pursuant to the Brokered Offering; provided, however, that in the event that BRM enters into an agreement with the Company for the purchase of Subscription Receipts, the Agent shall be entitled to Broker Options in connection with such purchase by BRM, to acquire such number of Common Shares as is equal to 4% of the number of Subscription Receipts sold to BRM. Each Broker Option is exercisable for a period of 36 months at an exercise price of $0.40 USD per Broker Option;
Broker Options has the meanings ascribed to such term in Section 11;
Broker Options means up to 25,179,000 free attaching unlisted Options to be issued to the Lead Manager, the subject of Resolution 6;
Broker Options means Options with an exercise price of 15 cents and an expiry date of 3 years from their date of issue, the full terms of which are set out in Schedule 1.
Broker Options means the broker options to be issued in exchange for the Broker Warrants;
Broker Options means the 5,862,469 Options the subject of Resolution 4.