Examples of JDS Silver Shareholders in a sentence
As previously disclosed, the issuances of the Contingent Shares to the JDS Silver Shareholders were made pursuant to a Plan of Arrangement (the “Plan of Arrangement”) under the Business Corporations Act (British Columbia), and the Plan of Arrangement was approved by the Supreme Court of British Columbia on October 16, 2017.
On January 30, 2020, the Company issued 878,033 shares of common stock (the “Resource Milestone Shares” and, together with the Permit Milestone Shares, the “Contingent Shares”) to the JDS Silver Shareholders in respect of the resource declaration milestone.
On November 27, 2019, the Company issued approximately 952,904 shares of common stock (the “Permit Milestone Shares”) to the JDS Silver Shareholders in respect of the permitting milestone, which was achieved during the fourth quarter.
As of the date hereof, the JDS Silver Board has determined that the Plan of Arrangement is fair to the JDS Silver Shareholders and is in the best interests of JDS Silver and has unanimously resolved to recommend to the JDS Silver Shareholders that they vote in favour of the Arrangement Resolution.
This Plan of Arrangement and the Arrangement shall be binding upon JDS Silver, the JDS Silver Shareholders, Purchaser, Guarantor and the Vendors’ Representative as and from the Effective Time, without any further act or formality required on the part of any person except as expressly provided herein.
There are no securities of JDS Silver or of any of its subsidiaries outstanding which have the right to vote generally (or are convertible into or exchangeable for securities having the right to vote generally) with the JDS Silver Shareholders on any matter.
And again, Patricia is not neglecting her cancer or requesting high-risk treatments with a large number of unknowns.
Subject to the obligation of Purchaser to pay the Transaction Expenses on Closing (and except as otherwise provided herein), all other fees, costs and expenses incurred in connection with this Agreement, the Plan of Arrangement and the Transaction shall be paid by the Party incurring such fees, costs or expenses, and in respect of JDS Silver or its subsidiaries, shall be paid by the JDS Silver Shareholders.