Minewest definition

Minewest means Minewest Silver and Gold Inc., a private company existing under the BCBCA;
Sample 1
Minewest means Minewest Silver and Gold Inc., a company existing under the provisions of the BCBCA; (x) “Minewest Shareholders” means the shareholders of Minewest Shares; (y) “Minewest Shares” means the common shares without par value in the authorized share structure of Minewest as constituted on the date hereof; (z) “Reg” means Reg Technologies Inc., a company existing under the provisions of the BCBCA; (aa) “Reg Class A Shares” means the renamed and redesignated Reg Shares as described in §3.1(c)(i) of the Plan of Arrangement; (bb) “Reg Class C Preferred Shares” means the Class “C” preferred shares without par value which Reg will create and issue pursuant to §3.1(c)(iii) of the Plan of Arrangement; (cc) “Reg Meeting” means the special meeting of the Reg Shareholders to be held on July 15, 2011 and any adjournments thereof, to be held to consider, among other things, and if deemed advisable approve, the Arrangement; (dd) “Reg Share Commitment” means an obligation of Reg to issue New Shares pursuant to a Reg Stock Option or Reg Warrant; (ee) “Reg Shareholder” has the meaning ascribed to such term in §3.3 of the Plan of Arrangement; (ff) “Reg Shares” means the common shares without par value in the authorized share structure of Reg, as constituted on the date hereof; (gg) “Reg Stock Option Plan” means the stock option plan of Reg; (hh) “Reg Stock Options” means share purchase options issued pursuant to the Reg Stock Option Plan which are outstanding on the Effective Date; (ii) “Reg Warrants” means share purchase warrants of Reg which are outstanding on the Effective Date; (jj) “U.S. Securities Act” means the United States Securities Act of 1933, as amended.
Sample 1

Examples of Minewest in a sentence

  • Effective December 15, 2010 Minewest signed a purchase agreement with Rapitan Resources Inc.

  • Pursuant to a Plan of Arrangement with Minewest, Reg Tech signed an asset transfer agreement (the “Transfer Agreement”) on August 5, 2010 with Minewest to transfer Reg Tech’s undivided 45% interest in mineral claims in the Liard Mining Division, located in northern British Columbia (the “Silverknife Claims”) to Minewest for consideration of cash payment of $25,000 and issuance of 8,000,000 common shares of the Company.

  • On December 14, 2011, Reg Tech declared approximately 4,712,263 Minewest shares to be distributed to as dividend to Reg Tech shareholders on the record date of December 21, 2011, whereby one Minewest share is to be distributed for seven Reg Tech shares of holders.

  • On July 6, 2010, Reg Tech incorporated a wholly owned subsidiary Minewest Silver and Gold Inc.

  • As a result of the dividend declaration, the Company expects to retain approximately 3,287,737 shares of Minewest.

  • The distribution is subject to Minewest being listed on the Canadian Stock Exchange.

  • On December 14, 2011, Reg Tech declared Minewest shares as dividend for Reg Tech shareholders on the record date of December 21, 2011, whereby one Minewest share is distributed for seven Reg Tech shares.

  • Basis of consolidation and presentationThese financial statements include the accounts of the Company, its 80% owned subsidiary Minewest Silver and Gold Inc.

  • During the year ended April 30, 2015 as a result of uncertainty of Minewest’s future after being ceased traded since January 8, 2014, the Company recorded impairment of equity investment in Minewest of$174,968 after recording loss on equity investment in Minewest of $77,119.

  • As a result of the dividend declaration, Reg Tech retains approximately 3,287,737 shares of Minewest, representing approximately 26.10% of the issued and outstanding common shares of Minewest at April 30, 2015 and has its controlling interest reduced to significant influence effective November 18, 2011.

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