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. 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:
(i) An initial Private Placement (“First Offering”) of equity in the amount of $1,000,000 upon terms and conditions that is mutually agreed to by the company and consultant. (Equity offering at .05- five cents for the placement of 20,000,000 shares of the Company’s common stock)
(ii) Compensation for each of the PPM will be in addition to the compensation of this agreement as set forth below, an as referenced in the applicable Placement Agent Agreement and PPM for each and every offering
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;
(i) Cash compensation in an amount equal to ten percent (10%) of the aggregate purchase price of the Equity sold to the investors, plus
(ii) An additional three percent (3%) of the aggregate purchase price of the equity placed by the Consultant with the investors for non-accountable expenses, plus
(A) Equity in the form of common stock of the Company shares equal to 8% of the shares issuable by the Company for the capital raise. As an example if one million dollars is raised at 20 cents per share then the common stock due is 400,000 shares. 5,000,000 shares offered to investors in the offering at eight percent equals 400,000.
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 addition to the Monthly Payment set forth above, the Service Provider is entitled to a 5% capital raising commission to be derived from each investment amount (including exercise of options arising from the investment amounts) actually received by the Company as a result of any capital raising transaction of any entity introduced by the Service Provider to the Company, subject to his assistance to the Company in the implementation of such capital raising transaction, as reasonably requested and acceptable to the Company and subject to the approval by the necessary corporate organs. It is clarified that the Service Provider will not be entitled to any such commission in case of exercise of options granted to the Company’s employees and/or service providers pursuant to an employee options plan adopted by the Company, including, without limitation, for the options allocated to Xx. Xxxxxxx Xxxxxx as part of, and/or as a result of, the Merger Transaction.
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. 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 Xxxx Xxxxx Chairman E: xxxxxxxxx@xxxxxxxx.xxx.xx Xxxxxx Xxxxxx Managing Director E: xxxxxxx@xxxxxxxxxxxxxxxxxxxx.xxx.xx JORC 2012 Table 1 Section 1 Sampling Techniques and Data Sampling techniques • Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. • In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circ...
Capital Raising. On or before December 31, 2004, MidCountry will complete the Financing. As promptly as practicable after the date hereof, MidCountry shall proceed to take all necessary actions to complete the Financing and to raise whatever kind and amount of additional capital as may be required to consummate the transactions contemplated by this Agreement. The disclosure document provided to prospective investors in connection with the Financing (i) shall comply with the applicable provisions of the Securities Laws, and (ii) shall not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements contained therein, in light of the circumstances in which they were made, not misleading.
Capital Raising. Lead manager, underwriter or placement agent and financial advisor in connection with any offering of equity or other capital markets financing. XXXX’s appointment with respect to an Other Transaction shall be for the term of this Engagement Letter. RBCO’s compensation in connection with any Other Transaction shall be determined by agreement between the Company and RBCO on the basis of compensation customarily paid to financial advisors, underwriters or placement agents in similar transactions.
Capital Raising. Sale Efforts. Company shall use its best efforts, working with Goldman Sachs pursuant to the engagement letter dated July 00, 0001 xxxxeen them (previously furnished to Agent and Banks) to raise funds to be applied toward the reduction of Liabilities through (I) the issuance of Equity Interests, (II) the incurrence of Subordinated Debt, and (III) the sale of Company and its Subsidiaries and/or of the non-Insurance Subsidiaries and/or its Subsidiaries, in each case on terms reasonably acceptable to the Majority Banks (which such acceptance shall not be unreasonably withheld or delayed)."
3.10 The following Section 7.22 is hereby added to the Agreement:
