Examples of Share Exchange Agreement in a sentence
Lund Shareholders should understand that if the Transaction is approved at the Meeting, Lund will complete the Share Exchange pursuant to the Share Exchange Agreement and, as a result, Lund Shareholders will be subject to all of the risks associated with the business and operations of the Resulting Issuer and the industry in which it will operate.
Securities Law Matters The Lund Shares issued to Reconnaissance Shareholders as contemplated in the Share Exchange Agreement and the Resulting Issuer Shares and Warrants comprising the Units issued to subscribers pursuant to the Concurrent Financing, will be exempt from the prospectus and registration requirements of the securities laws of various applicable provinces in Canada.
Recommendation of Lund Board The Lund Board has carefully considered the Transaction and the terms of the Share Exchange Agreement and has unanimously concluded that the Reverse Takeover of Reconnaissance is in the best interests of Lund and the Lund Shareholders.
On March 27, 2020, the Company entered into a Share Exchange Agreement, which sets out the basic terms and conditions for the Acquisition by the Company of all of the issued and outstanding common shares in the capital of PlantX Life Inc.