Capital Raising. Consultant will assist the Company in attempting to raise capital in accordance with the Company's business plan. All efforts by Consultant will be on a best efforts basis only. The parties presently contemplate the following:
Capital Raising. The Consultant will attempt to introduce capital to, and for use by the Company. This includes capital for oil & gas exploration and development; equity shares of the Company; and/or debt financing. All contacts that the Consultant discusses Company business with, will thereafter be the property of the Company and all contact information must be provided to the Company on an ongoing basis.
Capital Raising. The Consultant's compensation for the capital raising activities referred to in Section 1(b) shall be as set forth in separate placement agent agreements and or other agreements with respect to each transaction. It is anticipated that the consultant will receive no less than the following;
Capital Raising. Buyer agrees to use its reasonable best efforts to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary, proper, or advisable under applicable Laws as soon as reasonably practicable after the date of this Agreement, to obtain the financing necessary to consummate the transactions contemplated herein.
Capital Raising. The Consultant's compensation for the capital raising activities referred to in Section Capital Raising. Consultant will assist the Company in attempting to raise capital in accordance with the Company's business plan. All efforts by Consultant will be on a best efforts basis only. The parties presently contemplate the following: shall be as set forth in separate placement agreements and or other agreements with respect to each transaction.
Capital Raising in the case of an Capital Raising, treated as outstanding Options in the calculation of the Standard Preferred Shares’ price for each Share; or
Capital Raising the issue of Shares to the Investor under the automatic conversion of this Safe under clause 3.1; or
Capital Raising. WGR has received firm commitments for a raising of $1.5m @ $0.035 per share. The raising shall be conducted in two tranches. Under Tranche 1, WGR shall issue 8,971,839 shares pursuant to LR 7.1 and 7.1A to raise $314,014 and shall be settled on 29 August 2023. The Tranche 1 raising issue price of $0.035 per share represents a discount of 18% to the 15-day VWAP of $0.0413 per share and a 14% discount to WGR’s last close price of $0.04 per share on 16 August 2023. Under Tranche 2, WGR shall issue 33,885,304 shares to raise $1,185,986. Tranche 2 is subject to shareholder approval. The Company shall shortly be issuing a Notice of Meeting seeking shareholder approval for Tranche 2 along with all other aspects of the Acquisition requiring shareholder approval. GTT are the Lead Manager to the capital raising. WGR shall pay GTT a capital raising fee of 6% (+ GST) on all funds raised. References 1Flinders Resources Limited, Technical Report for the Woxna Graphite Project, Central Sweden. Xxxx Xxxxxx Consulting, Australia, 2015 2Lahtinen, r. 2012. Main geological features of Fennoscandia. Geological Survey of Finland, Special Paper 53, 13–18 3Brotzen, O., 1959: Mineral-assiociation in granitic pegmatites. A statistical study. Geologiska Föreningensi Stockholm Förhandlingar 81, 231-296 4Langhof, J. (1996): Thortveitite from granitic NYF pegmatites in Sweden. Geologiska Föreningens I Stockholm Förhandlinger 118, A54 5PRAP 85539 Mattsmyra, Gratitprosekting 1985, Plats 15F Mattsmyra, 1985 6PRAP 83550 Rullbo Geologi, Plats 16F Karbole S,Sveriges Geologiska AB, 1983 7PRAP 84543 Borrning Rullbo, Plats 16F Karbole SV, Sveriges Geologiska AB, 1984 ENDS For further information please contact: Xxxx Xxxxx Chairman E: xxxxxxxxx@xxxxxxxx.xxx.xx Xxxxxx Xxxxxx Managing Director E: xxxxxxx@xxxxxxxxxxxxxxxxxxxx.xxx.xx Competent Person’s Statement The information in this report which relates to Exploration Results is based on information compiled by Xx Xxxxxx Xxxxxx, he is a member of the Australasian Institute of Mining and Metallurgy (AusIMM) and a full-time employee of the company. Xx Xxxxxx who is an option-holder, has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for reporting of Exploration Results, Exploration Targets, Mineral Resources and Ore Reserves” (JORC Code). Xx Xxxxxx conse...
Capital Raising. 25 4.15 .......................................................................25 ARTICLE V
Capital Raising. FCB and Bancorp will proceed promptly and diligently to raise any capital necessary to consummate the Consolidation.
