Examples of Exchange Policy 5.4 in a sentence
Under the Value Escrow Agreement and Exchange Policy 5.4, 10% of the Value Escrow Shares were released from escrow at the Initial Release and an additional 15% will be or have been released on each of the dates which are 6 months, 12 months, 18 months, 24 months, 30 months, and 36 months following the Initial Release.
The Agreements were entered into under Exchange Policy 5.4 Escrow, Vendor Consideration and Resale Restrictions in connection with a Reverse Takeover.
Issue Date Seed Share Resale Restrictions Pursuant to Exchange Policy 5.4 - Escrow, Vendor Consideration and Resale Restrictions, certain non-Principal holders of Wonderfilm Shares, upon exchange into Resulting Issuer Shares, will be subject to seed share resale restrictions (each, an “SSRR”).
These Seed Warrants will be subject to resale restrictions in accordance with the Exchange Policy 5.4 Escrow, Vendor Consideration and Resale Restrictions.
In accordance with the Exchange Policy 5.4 - Escrow, Vendor Consideration and Resale Restrictions, if at least 75% of the Westshire II Shares issued pursuant to the Wonderfilm Acquisition are “value securities”, then all the Westshire II Shares issued to Principals of the Resulting Issuer pursuant to the Wonderfilm Acquisition will be deposited into escrow pursuant to a value security escrow agreement (a “Value Security Escrow Agreement”).
The underground infrastructure at Selebi North will be upgraded to support an underground drilling program as well as improve health & safety.EscrowThe following disclosure updates the escrow information described in the Filing Statement.Certain directors, officers and seed share shareholders of the Company are subject to escrow requirements pursuant to the Policy 5.4 – Escrow, Vendor Considerations and Resale Restrictions of the TSX Venture Exchange ("Exchange Policy 5.4").
These Seed Shares will be subject to resale restrictions in accordance with the Exchange Policy 5.4 Escrow, Vendor Consideration and Resale Restrictions.
Exchange Seed Share Resale Restrictions Seed capital shares (all shares issued prior to the IPO which are not subject to the Escrow Agreement) are subject to the Exchange's seed share resale restrictions as outlined in Exchange Policy 5.4 Escrow, Vendor Consideration and Resale Restrictions, which determines resale restrictions based on the price at which the security was issued and the length of time it has been held.
Seed Share Resale Restrictions Pursuant to Exchange Policy 5.4 - Escrow, Vendor Consideration and Resale Restrictions, certain non-principal shareholders of Hill Street Shares, upon conversion into Common Shares, will be subject to seed share resale restrictions (each, an “SSRR”).
The QT Escrow Securities that are Surplus Securities (as defined in the policies of the Exchange) will be released as follows: Seed Share Resale Restrictions Pursuant to Exchange Policy 5.4 – Escrow Vendor Consideration and Resale Restrictions, certain non-Principal (as defined in the policies of the Exchange) Cytophage Shareholders, upon exchange of the Cytophage Shares into Resulting Issuer Shares, may be subject to seed share resale restrictions (“SSRRs”).