NovaGold Shares definition

NovaGold Shares means the common shares without par value of NovaGold;
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NovaGold Shares means common shares in the capital of NovaGold.
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Examples of NovaGold Shares in a sentence

  • The directors and officers as a group, beneficially own, directly or indirectly, or exercise control or direction over 4.59% of the NovaGold Shares.

  • Upon completion of the Arrangement, NovaGold will issue approximately 8,647,594 NovaGold Shares to acquire the SpectrumGold Shares and reserve a further approximately 1,634,074 NovaGold Shares for issue upon exercise of currently outstanding SpectrumGold Convertible Securities, assuming no SpectrumGold Convertible Securities are exercised between the date of this Information Circular and the closing of the Arrangement.

  • The aggregate adjusted cost base of the NovaGold Shares acquired pursuant to the Arrangement will be equal to the aggregate adjusted cost base of the SpectrumGold Shares converted into such NovaGold Shares.

  • See "NovaGold Post-Arrangement – Options and Other Rights to Purchase Shares" below.OPTIONS AND OTHER RIGHTS TO PURCHASE SHARES For the details of the options, warrants and other rights to acquire NovaGold Shares to be outstanding on completion of the Arrangement, see "The Arrangement – SpectrumGold and NovaGold Convertible Securities".

  • Affiliates Before the Arrangement and Affiliates After the Arrangement Shareholders who are affiliates of SpectrumGold or NovaGold prior to the Arrangement and who will be affiliates of NovaGold after the Arrangement will be subject to restrictions on resale imposed by the U.S. Securities Act with respect to NovaGold Shares issued upon closing of the Arrangement.

  • While SpectrumGold believes that the NovaGold Shares to be issued or made issuable in order to effect the Arrangement will not be subject to any resale restrictions (except the restrictions on securities held by control persons under Canadian law and "affiliates" as defined under the U.S. Securities Act), there is no assurance that this is the case and each SpectrumGold Securityholder is urged to obtain appropriate legal advice regarding applicable Securities Legislation.

  • Section 367 Rules; Gain Recognition Agreements Section 367 of the Code requires a U.S. Holder that owns (applying certain ownership attribution rules under Section 318 of the Code), immediately after the Arrangement, NovaGold Shares representing five percent (5%) or more of the total voting power or the total value of all of the outstanding stock of NovaGold (a "5% Shareholder") to enter into a gain recognition agreement ("GRA") in order to preserve Reorganization treatment with respect to the Arrangement.

  • After giving effect to the transactions contemplated by the Arrangement Agreement, there will be approximately 62,782,132 NovaGold Shares issued and outstanding, of which approximately 14% will be held by the pre-Arrangement SpectrumGold Shareholders (excluding NovaGold, which owns 14,364,425 SpectrumGold Shares) and approximately 86% will be held by the pre-Arrangement NovaGold Shareholders, assuming that no convertible securities of SpectrumGold or NovaGold are exercised or converted.

  • The value of unexercised in-the-money NovaGold Options at fiscal year end is the difference between the fair market value of the NovaGold Shares on November 30, 2003 (November 28, 2003 - the last trading day prior to fiscal year end which was $6.20) and the exercise price of the NovaGold Options.

  • FRACTIONAL SHARES No fractional NovaGold Shares will be issued to SpectrumGold Securityholders.

Related to NovaGold Shares

  • Sold Shares shall have the meaning specified in Section 6.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Newco Shares means the common shares in the capital of Newco;

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Company Shares means the common shares in the capital of the Company;

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Sale Shares shall have the meaning set forth in Recital B above; and

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Target Shares means all of the issued and to be issued share capital of the Target.

  • Subco Shares means the common shares in the capital of Subco;

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Amalco Shares means the common shares in the capital of Amalco;

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Company Shareholders means holders of Company Shares.