Compensation Option Shares definition

Compensation Option Shares means the Common Shares issuable upon exercise of the Compensation Options;

Compensation Option Shares means the Shares issuable upon exercise of the Compensation Options;

Compensation Option Shares has the meaning given to it above; “Compensation Option Warrants” has the meaning given to it above; “Compensation Options” has the meaning given to it above;

Examples of Compensation Option Shares in a sentence

• All necessary corporate action has been taken, or will be taken before Closing, to authorize the issue and sale of, and the delivery of certificates representing, the Unit Shares, Unit Warrants and Compensation Options and, upon fulfillment of the exercise requirements thereof, including payment of the requisite consideration therefor, the Unit Shares, Unit Warrant Shares and Compensation Option Shares will be validly issued as fully paid and non-assessable Common Shares.

• The Corporation has made an application to the CSE so that at the time of issue, the Offered Units, the Unit Shares, Unit Warrant Shares and Compensation Option Shares will have been conditionally approved for listing on the CSE, subject only to the Standard Listing Conditions.

• The issuance of the Underwriters’ Compensation Option and any issuance of Underwriters’ Compensation Option Shares is not subject to the pre-emptive rights of any shareholder of Augusta (or such rights have been irrevocably waived), and all corporate action required to be taken by Augusta for the authorization, issuance, sale and delivery of the Underwriters’ Compensation Options and Underwriters Compensation Option Shares has been validly taken at the date hereof.

• The Corporation shall have delivered copies of correspondence indicating that the Corporation has obtained all necessary approvals for the Offering and the listing of the Unit Shares, Warrant Shares and Compensation Option Shares to be listed on the TSX, subject only to the standard listing conditions.

• The Underwriters’ Compensation Option and Underwriters’ Compensation Option Shares conform and will conform to all statements relating thereto contained in the Offering Documents and such description conforms to the rights set forth in the instruments defining the same.

More Definitions of Compensation Option Shares

Compensation Option Shares means the previously unissued Common Shares in the capital of the Company, as presently constituted, which will be issued upon the exercise of the Compensation Options;

Compensation Option Shares has the meaning given to that term on page 1 of this Agreement;

Compensation Option Shares has the meaning given to that term in the sixth paragraph of this Agreement;

Compensation Option Shares has the meaning ascribed thereto in Section 15;

Compensation Option Shares has the meaning ascribed to such term in Section 14(a) hereof.

Compensation Option Shares has the meaning ascribed to such term in Section 16 hereof. "Compensation Options" has the meaning ascribed to such term in Section 16 hereof. "Conversion Price" means $0.45 per Debenture Share.

Compensation Option Shares has the meaning ascribed to such term in Section 9 hereof; “Compensation Option Warrants” has the meaning ascribed to such term in Section 9 hereof;