Common use of Issuance of Placement Shares Clause in Contracts

Issuance of Placement Shares. (i) The Company has full corporate power and authority to issue the Placement Shares. (ii) When issued, and upon receipt of payment for the Placement Shares, the Placement Shares will have been duly and validly created, allotted and issued as fully paid and non-assessable. (iii) The Company reasonably believes that there is no Substantial U.S. Market Interest in its common shares.

Appears in 2 contracts

Samples: Equity Distribution Agreement (Electra Battery Materials Corp), Equity Distribution Agreement (Electra Battery Materials Corp)

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Issuance of Placement Shares. (i) The Company has full corporate power and authority to issue the Placement Shares. (ii) When issued, and upon receipt of payment for the Placement Shares, all of the Placement Shares will have been duly and validly created, allotted and issued as fully paid and non-assessable. (iii) The Company reasonably believes that there There is no Substantial substantial U.S. Market Interest market interest (within the meaning of Regulation S) in its the common sharesshares of the Company.

Appears in 1 contract

Samples: Equity Distribution Agreement (First Mining Gold Corp.)

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Issuance of Placement Shares. (i) The Company has full corporate power and authority to issue the Placement Shares. (ii) When issued, and upon receipt of payment for the Placement Shares, the Placement Shares will have been duly and validly created, allotted and issued as fully paid and non-assessable. (iii) The Company reasonably believes that there is no Substantial U.S. Market Interest in its common shares.

Appears in 1 contract

Samples: Equity Distribution Agreement (Electra Battery Materials Corp)

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