FT Shares definition

FT Shares means the previously unissued common shares in the capital of the Issuer offered by the Issuer pursuant to the Private Placement comprising part of the Units;

FT Shares has the meaning ascribed to such term on the face page of this Agreement;

FT Shares means the 2,000,000 Common Shares issued on a "flow-through" basis, at a price of $0.075 per FT Share, as part of the FT Private Placement;

Examples of FT Shares in a sentence

• The FT Shares, Warrants and Warrant Shares will be subject to a hold period ending on April 20, 2023.The Company applied the residual value approach to allocate the proceeds received from the unit offering to their respective components.

• Shares issued during the nine months ended July 31, 2023On December 20, 2022, the Company closed a private placement consisting of 4,080,000 flow-through shares (the "FT Shares") at a price of C$0.10 per FT Share for aggregate gross proceeds of $408,000 (the "FT Offering").

• Certain directors and other insiders of the Company participated in the FT Offering and subscribed into the FT Offering for the maximum amount permissible under applicable securities laws and regulatory rules, acquiring an aggregate of 100,000 FT Shares.

More Definitions of FT Shares

FT Shares means previously unissued Common Shares of the Company issued as “flow- through shares” as defined under the ITA, which form the underlying securities of the FT Units and FT Subscription Receipts.

FT Shares means Common Shares in which the subscriber is entitled to “flow-through” treatment under the Income Tax Act (Canada);

FT Shares means a “flow-through share” as defined in subsection 66(15) of the Tax Act;

FT Shares means the flow-through Common Shares, which shall qualify as “flow-through shares” as defined in the Tax Act, comprising part of the FT Units.

FT Shares has the meaning ascribed thereto on page 1 of this Subscription Agreement;

FT Shares has the meaning ascribed thereto on the face page hereof;

FT Shares means more than one FT share;