Examples of Common Share in a sentence
Common Shares Holders of Common Shares are entitled to receive dividends, if, as and when declared by our Board of Directors and, unless otherwise provided by legislation, are entitled to one vote per Common Share on all matters to be voted on at all meetings of shareholders.
For purposes of any such exercise, the determination of the Exercise Price shall be appropriately adjusted to apply to such Alternate Consideration based on the amount of Alternate Consideration issuable in respect of one Common Share in such Fundamental Transaction, and the Company shall apportion the Exercise Price among the Alternate Consideration in a reasonable manner reflecting the relative value of any different components of the Alternate Consideration.
The redemption value of a DSU equals the market value of a Common Share at the time of redemption, in accordance with the DSUP.Directors’ Share Ownership RequirementIn order to align the interest of Directors with those of the Corporation’s Shareholders, the Board has determined that share ownership (any combination of Common Shares and DSUs) of at least three times their annual retainer is appropriate for the Directors of the Corporation.
Subsequent eventsOn February 15 and March 4, 2024, the Company closed two tranches of a non-brokered offering of 899,717 common share units (“Common Share Units”) at a price of $3 per Common Share Unit for aggregate gross proceeds of $2,699,151.
Each Unit is comprised of one (1) common share (each a "Common Share" or the "Common Shares") and one (1) common share purchase warrant (each a "Warrant"), whereas each Warrant entitles the lender to purchase an additional common share (a "Warrant Share") at an exercise price of $0.05 per Warrant Share for a period of 36 months following the issuance.