Common use of Purchase of Offered Securities Clause in Contracts

Purchase of Offered Securities. Upon acceptance of a GF Canco Securities Offer to subscribe for any Offered Securities by delivery of a GF Canco Acceptance to Asanko, GF Canco or another member of the GF Group will purchase the number of Offered Securities set out in the GF Canco Acceptance at the subscription price for such Offered Securities as set out in the GF Canco Securities Offer concurrently with the closing of the Equity Financing. Nothing in this Article 2 shall obligate GF Canco or any other member of the GF Group to purchase, or obligate Asanko to sell, any Offered Securities in respect of which the Pre-Emptive Right is exercised if the Equity Financing does not close. Closing will be subject to the receipt and continued effectiveness of all required approvals (including the approval(s) of the stock exchanges on which the Common Shares are listed, any required approvals under Canadian Securities Laws and any required shareholder approval), which approvals Asanko shall use commercially reasonable efforts to promptly obtain.

Appears in 4 contracts

Samples: Combination Agreement (Asanko Gold Inc.), Investor Rights Agreement (Asanko Gold Inc.), Combination Agreement (Gold Fields LTD)

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Purchase of Offered Securities. Upon acceptance of a GF Canco Securities Offer to subscribe for any Offered Securities by delivery of a GF Canco Acceptance to AsankoXxxxxxx, GF XX Canco or another member of the GF Group will purchase the number of Offered Securities set out in the GF Canco Acceptance at the subscription price for such Offered Securities as set out in the GF Canco Securities Offer concurrently with the closing of the Equity Financing. Nothing in this Article 2 shall obligate GF Canco or any other member of the GF Group to purchase, or obligate Asanko Xxxxxxx to sell, any Offered Securities in respect of which the Pre-Emptive Right is exercised if the Equity Financing does not close. Closing will be subject to the receipt and continued effectiveness of all required approvals (including the approval(s) of the stock exchanges on which the Common Shares are listed, any required approvals under Canadian Securities Laws and any required shareholder approval), which approvals Asanko Xxxxxxx shall use commercially reasonable efforts to promptly obtainobtain (which shall include promptly convening a meeting of Xxxxxxx'x shareholders to approve, and publicly recommending to Xxxxxxx'x shareholders that they approve, such issuance).

Appears in 1 contract

Samples: Share Purchase Agreement (Galiano Gold Inc.)

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Purchase of Offered Securities. Upon acceptance of a GF Canco Securities Offer to subscribe for any Offered Securities by delivery of a GF Canco Acceptance to AsankoXxxxxxx, GF XX Canco or another member of the GF Group will purchase the number of Offered Securities set out in the GF Canco Acceptance at the subscription price for such Offered Securities as set out in the GF Canco Securities Offer concurrently with the closing of the Equity Financing. Nothing in this Article 2 shall obligate GF Canco or any other member of the GF Group to purchase, or obligate Asanko Xxxxxxx to sell, any Offered Securities in respect of which the Pre-Pre- Emptive Right is exercised if the Equity Financing does not close. Closing will be subject to the receipt and continued effectiveness of all required approvals (including the approval(s) of the stock exchanges on which the Common Shares are listed, any required approvals under Canadian Securities Laws and any required shareholder approval), which approvals Asanko Xxxxxxx shall use commercially reasonable efforts to promptly obtainobtain (which shall include promptly convening a meeting of Xxxxxxx’x shareholders to approve, and publicly recommending to Xxxxxxx’x shareholders that they approve, such issuance).

Appears in 1 contract

Samples: Share Purchase Agreement (Gold Fields LTD)

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