Hold Period. 6.1 The Purchaser acknowledges that the Shares will be subject to restrictions on resale until such time as the earlier to occur of: (a) a period of four months has elapsed from the date of issue of the Shares; or (b) an appropriate discretionary order is obtained pursuant to applicable securities laws. 6.2 The certificates representing the Shares will bear a legend denoting the restrictions on transfer imposed by the Applicable Legislation and by the policies of the Exchange. The Purchaser agrees to sell, assign or transfer the Shares only in accordance with the requirements of applicable securities laws and such legends.
Appears in 4 contracts
Samples: Private Placement Subscription Agreement (Canplats Resources Corp), Private Placement Subscription Agreement (Canplats Resources Corp), Private Placement Subscription Agreement (Canplats Resources Corp)
