Common Shares Validly Issued. The Unit Shares, the Warrant Shares, the Compensation Shares and the Compensation Warrant Shares, at the Closing Time, shall be duly and validly authorized for issuance and sale pursuant to this Agreement and when issued and delivered by the Corporation pursuant to this Agreement, the Warrant Indenture, the Compensation Option Certificates and the Compensation Warrant Certificates, as applicable, against payment of the consideration therefor, will be validly issued as fully paid and non-assessable common shares in the capital of the Corporation and will not be issued in violation of or subject to any pre-emptive rights or contractual rights to purchase securities issued by the Corporation.
Common Shares Validly Issued. The Initial Shares, at or prior to the Closing Time, and the Over-Allotment Shares, upon closing of the Over-Allotment Option, if applicable, shall be duly and validly authorized for issuance and sale pursuant to this Agreement and when issued and delivered by the Corporation pursuant to this Agreement, against full payment of the consideration therefor, will be validly issued as fully paid and non-assessable Common Shares, and such Common Shares will not be issued in violation of or subject to any pre-emptive rights or contractual rights to purchase securities issued by the Corporation.
Common Shares Validly Issued. The Unit Shares, at or prior to the Closing Time, the Warrant Shares, upon the exercise of the Unit Warrants, the Over-Allotment Shares, upon closing of the Over-Allotment Option, the Over-Allotment Warrant Shares, upon the exercise of the Over-Allotment Warrants, shall be duly and validly authorized for issuance and sale pursuant to this Agreement and when issued and delivered by the Corporation pursuant to this Agreement, against payment of the consideration therefor, will be validly issued as fully paid and non-assessable Common Shares.
Common Shares Validly Issued. The Unit Shares, at or prior to the Closing Time, the Warrant Shares, upon the exercise of the Unit Warrants, the Over-Allotment Shares, upon closing of the Over-Allotment Option, the Over-Allotment Warrant Shares, upon the exercise of the Over-Allotment Warrants, the Broker Unit Shares, upon the exercise of the Broker Warrants, and the Broker Shares, upon the exercise of the Broker Unit Warrants, shall be duly and validly authorized for issuance and sale pursuant to this Agreement and when issued and delivered by the Corporation pursuant to this Agreement, against payment of the consideration therefor, will be validly issued as fully paid and non-assessable Common Shares.
Common Shares Validly Issued. The Unit Shares, the Corporate Finance Fee Shares and the Over-Allotment Shares, at or prior to the Closing Time, and the Broker Unit Shares, the Broker Unit Warrant Shares, the Corporate Finance Fee Warrant Shares and the Over-Allotment Warrant Shares, upon the exercise of the Broker Warrants, the Broker Unit Warrants, the Corporate Finance Fee Warrants and Over-Allotment Warrants, respectively, shall be duly and validly authorized for issuance and sale pursuant to this Agreement, and when issued and delivered by the Corporation pursuant to this Agreement, against payment of the consideration therefor, will be validly issued as fully paid and non-assessable Common Shares and will not be issued in violation of any pre-emptive rights or contractual rights to purchase securities issued by the Corporation.
Common Shares Validly Issued. The Unit Shares, the Corporate Finance Fee Shares and the Over-Allotment Shares, at or prior to the Closing Time, and the Broker Unit Shares, the Broker Unit Warrant Shares, the Corporate Finance Fee Warrant Shares and the Over-Allotment Warrant Shares, upon the exercise of the Broker Warrants, the Broker Unit Warrants, the Corporate Finance Fee Warrants and Over-Allotment Warrants, respectively, shall be duly and validly authorized for issuance and sale pursuant to this Agreement, and when issued and delivered by the Corporation pursuant to this Agreement, against payment of the consideration therefor, will be validly issued as fully paid and non-assessable Common Shares and will not be issued in violation of any pre-emptive rights or contractual rights to purchase securities issued by the Corporation.
