Effect of Redemption. If the Board of Directors elects or is deemed to have elected to redeem the Rights, (i) the right to exercise the Rights will thereupon, without further action and without notice, terminate and the only right thereafter of the holders of Rights shall be to receive the Redemption Price, and (ii) subject to Subsection 5.1(f) no further Rights shall be issued.
Appears in 8 contracts
Samples: Shareholder Rights Plan Agreement (Augusta Resource CORP), Shareholder Rights Plan Agreement (Keegan Resources Inc.), Shareholder Rights Plan Agreement (Jaguar Mining Inc)
Effect of Redemption. If the Board of Directors elects or is deemed to have elected to redeem the Rights, (i) the right to exercise the Rights will thereupon, without further action and without notice, terminate and the only right thereafter of the holders of Rights shall be to receive the Redemption Price, ; and (ii) subject to Subsection 5.1(f) no further Rights shall be issued.
Appears in 7 contracts
Samples: Shareholder Rights Plan Agreement (Pacific Rim Mining Corp), Shareholder Rights Plan Agreement (Western Copper & Gold Corp), Shareholder Rights Plan Agreement (Pacific Rim Mining Corp)
Effect of Redemption. If the Board of Directors elects or is deemed to have elected to redeem the Rights, (i) the right to exercise the Rights will thereupon, without further action and without notice, terminate and the only right thereafter of the holders of Rights shall be to receive the Redemption Price, and (ii) subject to Subsection subsection 5.1(f) no further Rights shall be issued.
Appears in 6 contracts
Samples: Shareholder Rights Plan Agreement (International Tower Hill Mines LTD), Shareholder Rights Plan Agreement (Platinum Group Metals LTD), Shareholder Rights Plan Agreement (Extorre Gold Mines LTD)
Effect of Redemption. If the Board of Directors elects or is deemed to have elected to redeem the Rights, (i) the right to exercise the Rights will thereupon, without further action and without notice, terminate and the only right thereafter of the holders of Rights shall be to receive the Redemption Price, and (ii) subject to Subsection 5.1(fSection 5.1(6) no further Rights shall be issued.
Appears in 2 contracts
Samples: Shareholder Rights Plan Agreement (Crystallex International Corp), Shareholder Rights Plan Agreement
Effect of Redemption. If the Board of Directors elects or is deemed to have elected to redeem the Rights, (i) the right to exercise the Rights will thereupon, without further action and without notice, terminate and the only right thereafter of the holders of Rights shall be to receive the Redemption Price, and (ii) subject to Subsection 5.1(f) subsection no further Rights shall be issued.
Appears in 1 contract
Samples: Shareholder Rights Plan Agreement (Cumberland Resources LTD)
Effect of Redemption. If the Board board of Directors directors elects or is deemed to have elected to redeem the Rights, (i) the right to exercise the Rights will thereupon, without further action and without notice, terminate and the only right thereafter of the holders of Rights shall be to receive the Redemption Price, and (ii) subject to Subsection subsection 5.1(f) no further Rights shall be issued.
Appears in 1 contract
Samples: Shareholder Rights Plan Agreement
