Examples of Common Shares of the Corporation in a sentence
The Common Shares of the Corporation will be reinstated to trading before the Exchange has reviewed the transaction and before the Sponsor has completed its full review.
Debenture holders have the right to convert at any time into Common Shares of the Corporation at the conversion price of $0.32 per common share.
The aggregate number of Common Shares of the Corporation allocated and made available to be granted to Participants under the Plan shall not exceed 10% of the issued and outstanding Common Shares of the Corporation as at the date of grant (on a non-diluted basis).
The Exchange may suspend from trading or delist the Common Shares of the Corporation where the Exchange has not issued a Final Exchange Bulletin to the Corporation within 24 months of the date of listing.
The Debentureholders and the Trustee hereby waive and release any right, cause of action or remedy now or hereafter existing in any jurisdiction against any past, present or future officer, director or employee of the Corporation or holder of Common Shares of the Corporation or of any successor for the payment of the principal of or premium or interest on any of the Debentures or on any covenant, agreement, representation or warranty by the Corporation contained herein or in the Debentures.
If a Flip-In Event occurs, each Right will entitle the registered holder to receive, upon payment of the Exercise Price, Common Shares of the Corporation having an aggregate market price equal to twice the Exercise Price.
On October 28, 2003, the Corporation purchased four patented mining claims and exploration data for 50,000 Common Shares of the Corporation valued at $211,500.
Accordingly, Shareholders are being asked to pass an ordinary resolution to ratify and confirm the Stock Option Plan as adopted by the Board which permits the issuance of up to 10% of the issued and outstanding Common Shares of the Corporation from time to time.
Under the Plan a maximum of 10% of the issued and outstanding Common Shares of the Corporation, at any time, are reserved for issuance on the exercise of stock options.
The Corporation will, as of the time the conversion is effected, issue to the Holder such number of Common Shares of the Corporation as are properly required to satisfy the conversion provisions set out herein and shall at all times reserve and keep available out of its authorized but unissued Common Shares, solely for the purpose of effecting any conversion pursuant hereto, such number of its Common Shares as shall from time to time be sufficient to effect the conversion of all Outstanding Principal.