Unit Warrant Shares definition

Unit Warrant Shares means the Common Shares issuable upon the exercise of the Warrants comprising the Offered Units; and

Unit Warrant Shares means the shares of Common Stock issued or issuable upon exercise of the Unit Warrants.

Unit Warrant Shares has the meaning set out in the recitals hereto;

Examples of Unit Warrant Shares in a sentence

• All necessary corporate action has been taken, or will be taken before Closing, to authorize the issue and sale of, and the delivery of certificates representing, the Unit Shares, Unit Warrants and Compensation Options and, upon payment of the requisite consideration therefor, the Unit Shares, Unit Warrant Shares and Compensation Option Shares will be validly issued as fully paid and non-assessable Common Shares.

• The Corporation has made application so that at the time of issue of the Offered Units, the Unit Shares, Unit Warrant Shares and Compensation Option Shares will have been conditionally approved for listing on the CSE, subject only to the standard listing conditions.

• All necessary corporate action has been taken, or will be taken before Closing, to authorize the issue and sale of, and the delivery of certificates representing, the Unit Shares, Unit Warrants and Compensation Options and, upon fulfillment of the exercise requirements thereof, including payment of the requisite consideration therefor, the Unit Shares, Unit Warrant Shares and Compensation Option Shares will be validly issued as fully paid and non-assessable Common Shares.

• The Corporation has made an application to the CSE so that at the time of issue, the Offered Units, the Unit Shares, Unit Warrant Shares and Compensation Option Shares will have been conditionally approved for listing on the CSE, subject only to the Standard Listing Conditions.

• The Company will ensure at all times that sufficient Compensation Unit Warrant Shares are authorized and allotted for issuance upon due and proper exercise of the Compensation Unit Warrants, and upon issuance in accordance with the terms of the Compensation Unit Warrant Certificates, including payment of the exercise price therefor, the Compensation Unit Warrant Shares shall be validly issued as fully paid and non-assessable Common Shares.

• The Compensation Unit Warrant Shares have been, or prior to the Closing Time will be, duly and validly authorized and allotted for issuance and, upon exercise of the Compensation Unit Warrants in accordance with the terms and conditions of the Compensation Unit Warrant Certificates, the Compensation Unit Warrant Shares will be validly issued as fully paid and non- assessable Common Shares.

• The Unit Shares, Unit Warrants and any Unit Warrant Shares issued upon the exercise of Unit Warrants, the Additional Unit Shares, Additional Unit Warrants and any Additional Unit Warrant Shares issued upon the exercise of Additional Unit Warrants will be subject to a four-month resale restriction under applicable Canadian securities laws running from date of issuance of the Units or the Additional Units, as applicable, and shall bear restrictive legends to this effect.

• The Broker Unit Warrant Shares, upon issuance in accordance with the terms of Broker Unit Warrant Certificates, and when paid for, shall be duly issued as fully paid and non- assessable Common Shares and shall have the attributes corresponding to the description thereof set forth in this Agreement and the Broker Unit Warrant Certificates.

• Unless the context otherwise requires, all references in this Agreement and the Schedules to this agency agreement (this "Agreement") to Offered Units, Shares, Warrants, Warrant Shares, Agents' Warrants, Agents' Units, Agents' Unit Shares, Agents' Unit Warrants and Agents' Unit Warrant Shares (as such terms are hereinafter defined) shall assume the exercise of the Over- Allotment Option and shall include any such securities issuable as a result of such exercise thereof.

• The Corporation has made application so that at the time of issue of the Offered Units, the Unit Shares, Unit Warrant Shares and Compensation Option Shares will have been conditionally approved for listing on the CSE, subject only to the Standard Listing Conditions.

More Definitions of Unit Warrant Shares

Unit Warrant Shares means the common shares of the Company acquired pursuant to Unit Warrants.

Unit Warrant Shares shall include the Additional Warrant Shares. The net proceeds of the Offering shall be used by the Corporation substantially in accordance with the disclosure set out under “Use of Proceeds” in the Final Prospectus (as defined herein). The Agent understands that the Corporation has prepared and, concurrently with or immediately after the execution hereof, will file a final long form prospectus and all necessary documents relating thereto and will take all additional steps to qualify the Offered Units for distribution in British Columbia, Alberta and Ontario (collectively, the “Qualifying Jurisdictions”) and such other offshore jurisdictions which are approved by the Corporation. The Agent intends to make a public offering of the Offered Units in the Qualifying Jurisdictions upon the terms set forth herein and in the Prospectus (as defined herein). The Corporation acknowledges and agrees that the Agent may offer and sell the Offered Units to or through any affiliate of the Agent and that any such affiliate may offer and sell the Offered Units to or through the Agent. The Agent shall be entitled to appoint a soliciting dealer group consisting of other registered dealers for the purposes of arranging for purchasers of the Offered Units, defined herein as Selling Firms. In consideration of the Agent’s services to be rendered in connection with the Offering, the Corporation shall: (a) pay to the Agent at the Closing a corporate finance fee of

Unit Warrant Shares means Registrable Securities (as defined in the Warrant Registration Rights Agreement).