Examples of YGC Shareholders in a sentence
In such event, YGC and Queenstake shall co-operate in the preparation of a supplement or amendment to the Joint Circular, as the case may be, that corrects that Misrepresentation, and will cause the same to be distributed to the YGC Shareholders and the Queenstake Shareholders and filed with each applicable Governmental Entity under applicable Securities Legislation.
Fairness OpinionsYGCOn March 13, 2007, Pacific International delivered its oral report to the YGC Board to the effect that, as of such date, the Arrangement was fair, from a financial point of view, to the YGC Shareholders.
Dissenting YGC Shareholders who are ultimately entitled to be paid fair value for their YGC Shares shall be deemed to have transferred their YGC Shares to YGC for cancellation immediately prior to the Effective Time and in no case shall YGC be required to recognize such Persons as holding YGC Shares at and after the Effective Time, and the names of such YGC Shareholders shall be removed from YGC’s register of shareholders as of the Effective Time.
Both parties shall ensure that the Joint Circular complies with all applicable Law and provides the YGC Shareholders and the Queenstake Shareholders with information in sufficient detail to permit them to form a reasoned judgment concerning the matters to be placed before them at the YGC Meeting and the Queenstake Meeting.
Shareholder and Court ApprovalsIn order for the Arrangement to be effective, it must be approved by Special Resolutions passed by the YGC Shareholders and the Queenstake Shareholders at the Meetings.A statutory arrangement under section 288 et seq.
See “The Arrangement”, “The YGC Financing” and “Adoption of Stock Option Plan”.It is a mutual condition of the completion of the Arrangement that the YGC Arrangement Resolution be approved by the YGC Shareholders at the YGC Meeting.
YGC Shareholders registered as such on the record date of the YGC Meeting may exercise rights of dissent pursuant to and in the manner set out in subsection 238(d) of the Act, provided that the Notice of Dissent duly executed by such YGC Shareholder is received by YGC’s registered and records office 48 hours in advance of the time of the YGC Meeting.
The Advisors also agreed to provide a fairness opinion with respect to the fairness, from a financial point of view of the Arrangement to the YGC Shareholders, and were appointed the exclusive agents to conduct the YGC Financing.On February 16, 2007, the YGC Board met to review a presentation by an independent geological consultant of the commercial potential of Queenstake’s Jerritt Canyon Property, Nevada.