Subscription Shares definition

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

Subscription Shares has the meaning set forth in the recitals.

Subscription Shares means the 6,828,985 Shares that were issued by the Company and subscribed for by the Investor on the Reference Date pursuant to the Subscription Agreement.

Examples of Subscription Shares in a sentence

• The Company has the full power and authority to issue the Subscription Shares.

• The Company will deliver to the Investor a DRS advice representing the Subscription Shares registered in the name of the Investor.

• The Company shall use substantially all of the aggregate proceeds from the issuance and sale of the Subscription Shares for the advancement and development of the Project and the balance shall be used for working capital and general corporate purposes consistent with past practice (and not, for greater certainty, for the acquisition or development of assets other than in connection with the Project).

• The issuance of the Subscription Shares is not subject to any pre-emptive right, right of first refusal or similar right.

• The Common Shares are listed and posted for trading on the TSX and no order ceasing or suspending trading in any securities of the Company or prohibiting the sale or issuance of the Subscription Shares or the trading of any of the Company’s issued securities has been issued and no (formal or informal) proceedings for such purpose are pending or, to the knowledge of the Company, have been threatened.

More Definitions of Subscription Shares

Subscription Shares means, collectively, the Senior Preferred Shares issued or issuable to each Investor at or prior to the relevant Closing pursuant to the Subscription Agreement (including 58,258,083 Senior Preferred Shares issued to Joy Capital prior to the First Closing, which shall form part of the Senior Preferred Shares subscribed by Joy Captial at the First Closing under the Subscription Agreement), and the Senior Preferred Shares issued or issuable upon exercise of the Warrants.

Subscription Shares means 12,546,128 new Shares to be issued by the Company;

Subscription Shares. Section 2.1

Subscription Shares has the meaning set forth in the recitals of this Agreement.

Subscription Shares means 800,000,000 new Shares to be allotted and issued by the Issuer and to be subscribed by the Subscriber pursuant to this Agreement;

Subscription Shares means the number of the Ordinary Shares equal to the quotient of (a) $180,000,000 divided by (b) the average closing price of the Ordinary Shares on each of the twenty (20) consecutive trading days occurring immediately prior to (but not including) the date hereof.

Subscription Shares means the Subscription Shares 1 and the Subscription Shares 2;