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Neither the Corporation nor its subsidiaries are party to any agreement, nor is the Corporation aware of any agreement, which in any manner affects the voting control of any securities of the Corporation or its subsidiaries;", "size": 9, "snippet_links": [{"key": "authorized-and-issued-share-capital", "type": "clause", "offset": [4, 39]}, {"key": "number-of-common-shares", "type": "definition", "offset": [84, 107]}, {"key": "issued-and-outstanding", "type": "clause", "offset": [148, 170]}, {"key": "close-of-business", "type": "clause", "offset": [181, 198]}, {"key": "on-november", "type": "clause", "offset": [199, 210]}, {"key": "the-description", "type": "clause", "offset": [220, 235]}, {"key": "set-out", "type": "definition", "offset": [319, 326]}, {"key": "description-of-the-securities", "type": "clause", "offset": [346, 375]}, {"key": "in-the-prospectus", "type": "clause", "offset": [395, 412]}, {"key": "true-and-correct", "type": "clause", "offset": [416, 432]}, {"key": "control-of", "type": "definition", "offset": [593, 603]}], "samples": [{"hash": "h6QQBjVk1c3", "uri": "/contracts/h6QQBjVk1c3#share-capital-of-the-corporation", "label": "Underwriting Agreement (Prophecy Development Corp.)", "score": 27.8514709473, "published": true}], "hash": "5b5c06bd17bcc3513612157c2c328884", "id": 2}, {"snippet": "The authorized share capital of the Corporation as set forth in the Offering Documents is true and correct;", "size": 8, "snippet_links": [{"key": "authorized-share-capital", "type": "definition", "offset": [4, 28]}, {"key": "the-offering-documents", "type": "clause", "offset": [64, 86]}, {"key": "true-and-correct", "type": "clause", "offset": [90, 106]}], "samples": [{"hash": "OBEgNaBcEe", "uri": "/contracts/OBEgNaBcEe#share-capital-of-the-corporation", "label": "Underwriting Agreement (Platinum Group Metals LTD)", "score": 25.3436012268, "published": true}, {"hash": "3hfpJbptokr", "uri": "/contracts/3hfpJbptokr#share-capital-of-the-corporation", "label": "Underwriting Agreement (Platinum Group Metals LTD)", "score": 23.9390830994, "published": true}, {"hash": "iiOZfERdcQ2", "uri": "/contracts/iiOZfERdcQ2#share-capital-of-the-corporation", "label": "Underwriting Agreement (Platinum Group Metals LTD)", "score": 22.9425048828, "published": true}], "hash": "2764ad902f3cb52e64ee2bee2cf850bc", "id": 3}, {"snippet": "As of the date hereof, the authorized share capital of the Corporation consists of an unlimited number of Common Shares (and no other shares). 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The description of the attributes of the authorized and issued share capital of the Corporation as set out under the heading \u201cDescription of Securities Being Distributed\u201d in the Prospectuses and the Time of Sale Prospectus is true and correct. Neither the Corporation nor the Subsidiaries are party to any agreement, nor is the Corporation aware of any agreement, which in any manner affects the voting control of any securities of the Corporation or its Subsidiaries.", "size": 3, "snippet_links": [{"key": "authorized-and-issued-share-capital", "type": "clause", "offset": [4, 39]}, {"key": "number-of-common-shares", "type": "definition", "offset": [84, 107]}, {"key": "shares-of", "type": "clause", "offset": [145, 154]}, {"key": "issued-and-outstanding", "type": "clause", "offset": [215, 237]}, {"key": "close-of-business", "type": "clause", "offset": [248, 265]}, {"key": "on-march", "type": "clause", "offset": [266, 274]}, {"key": "description-of-the", "type": "definition", "offset": [289, 307]}, {"key": "set-out", "type": "definition", "offset": [384, 391]}, {"key": "description-of-securities", "type": "definition", "offset": [411, 436]}, {"key": "time-of-sale-prospectus", "type": "clause", "offset": [484, 507]}, {"key": "true-and-correct", "type": "clause", "offset": [511, 527]}, {"key": "the-subsidiaries", "type": "clause", "offset": [557, 573]}, {"key": "control-of", "type": "definition", "offset": [688, 698]}], "samples": [{"hash": "cjJXwRU8lB", "uri": "/contracts/cjJXwRU8lB#share-capital-of-the-corporation", "label": "Underwriting Agreement (Valens Company, Inc.)", "score": 31.2436695099, "published": true}], "hash": "23fe4a6d7e0041dbaff94a60cfb38642", "id": 7}, {"snippet": "The Corporation has an authorized capital consisting of an unlimited number of Common Shares, and an unlimited number of preferred shares of which (i) 42,614,239 Common Shares, and (ii) no preferred shares are issued and outstanding as of the date hereof. Except as disclosed in the Offering Documents, no securities exchangeable or convertible into Common Shares or preferred shares are issued and outstanding as of the date hereof, other than (A) the Over-Allotment Option, (B) an aggregate of 4,877,548 options to purchase 4,877,548 Common Shares under the Corporation\u2019s stock option plan, and (C) an aggregate of 2,589,924 warrants to purchase 2,589,924 Common Shares. The rights, privileges, restrictions, conditions and other terms attaching to the Common Shares and preferred shares, respectively, conform in all material respects to the description thereof contained in the Offering Documents.", "size": 2, "snippet_links": [{"key": "the-corporation", "type": "clause", "offset": [0, 15]}, {"key": "authorized-capital", "type": "definition", "offset": [23, 41]}, {"key": "number-of-common-shares", "type": "definition", "offset": [69, 92]}, {"key": "shares-of", "type": "clause", "offset": [131, 140]}, {"key": "issued-and-outstanding", "type": "clause", "offset": [210, 232]}, {"key": "date-hereof", "type": "clause", "offset": [243, 254]}, {"key": "the-offering-documents", "type": "clause", "offset": [279, 301]}, {"key": "no-securities", "type": "clause", "offset": [303, 316]}, {"key": "options-to-purchase", "type": "clause", "offset": [506, 525]}, {"key": "stock-option-plan", "type": "clause", "offset": [574, 591]}, {"key": "the-rights", "type": "clause", "offset": [673, 683]}, {"key": "other-terms", "type": "clause", "offset": [726, 737]}, {"key": "the-common-shares", "type": "clause", "offset": [751, 768]}, {"key": "in-all-material-respects", "type": "definition", "offset": [813, 837]}, {"key": "the-description", "type": "clause", "offset": [841, 856]}, {"key": "contained-in", "type": "definition", "offset": [865, 877]}], "samples": [{"hash": "ii3mObaiURg", "uri": "/contracts/ii3mObaiURg#share-capital-of-the-corporation", "label": "Underwriting Agreement (Field Trip Health Ltd.)", "score": 30.5455169678, "published": true}], "hash": "f7ba99d17ef6f84c1519bb5c5ede0901", "id": 8}, {"snippet": "The authorized capital of the Corporation consists of (i) an unlimited number of Subordinated Voting Shares of which, as of the close of business on January 18, 2021, 46,883,291 Subordinated Voting Shares were outstanding as fully paid and non-assessable shares in the capital of the Corporation and (ii) an unlimited number of Super Voting Shares of which, as of the close of business on January 18, 2021, 684,471 Super Voting Shares were outstanding as fully paid and non- assessable shares in the capital of the Corporation. The description of the attributes of the authorized and issued share capital of the Corporation as set out under the heading \u201cDescription of Share Capital\u201d in the Prospectus is true and correct.", "size": 2, "snippet_links": [{"key": "authorized-capital-of-the-corporation", "type": "clause", "offset": [4, 41]}, {"key": "number-of", "type": "clause", "offset": [71, 80]}, {"key": "shares-of", "type": "clause", "offset": [101, 110]}, {"key": "close-of-business", "type": "clause", "offset": [128, 145]}, {"key": "fully-paid", "type": "clause", "offset": [225, 235]}, {"key": "the-capital", "type": "clause", "offset": [265, 276]}, {"key": "super-voting-shares", "type": "definition", "offset": [328, 347]}, {"key": "description-of-the", "type": "definition", "offset": [532, 550]}, {"key": "authorized-and-issued-share-capital", "type": "clause", "offset": [569, 604]}, {"key": "set-out", "type": "definition", "offset": [627, 634]}, {"key": "description-of-share-capital", "type": "clause", "offset": [654, 682]}, {"key": "in-the-prospectus", "type": "clause", "offset": [684, 701]}, {"key": "true-and-correct", "type": "clause", "offset": [705, 721]}], "samples": [{"hash": "5tvFqvu0Aq6", "uri": "/contracts/5tvFqvu0Aq6#share-capital-of-the-corporation", "label": "Underwriting Agreement", "score": 26.5249824524, "published": true}], "hash": "7d086fe97a7b793c634b997ccd738ad5", "id": 9}, {"snippet": "As of the date hereof, prior to giving effect to the Offering, the authorized share capital of the Corporation consists of an unlimited number of Common Shares (and no other class of shares). As of the date hereof, 85,057,296 Common Shares (and no other shares) are issued and outstanding as fully paid and non-assessable shares. As of the date hereof, other than as described in Schedule \u201cB\u201d to this Agreement and other than pursuant to this Agreement, there are no Outstanding Convertible Securities of the Corporation or any Corporation Subsidiary.", "size": 2, "snippet_links": [{"key": "date-hereof", "type": "clause", "offset": [10, 21]}, {"key": "prior-to", "type": "definition", "offset": [23, 31]}, {"key": "the-offering", "type": "definition", "offset": [49, 61]}, {"key": "authorized-share-capital", "type": "definition", "offset": [67, 91]}, {"key": "number-of-common-shares", "type": "definition", "offset": [136, 159]}, {"key": "class-of-shares", "type": "clause", "offset": [174, 189]}, {"key": "no-other-shares", "type": "clause", "offset": [245, 260]}, {"key": "issued-and-outstanding", "type": "clause", "offset": [266, 288]}, {"key": "fully-paid", "type": "clause", "offset": [292, 302]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [426, 452]}, {"key": "outstanding-convertible-securities", "type": "definition", "offset": [467, 501]}, {"key": "corporation-subsidiary", "type": "definition", "offset": [528, 550]}], "samples": [{"hash": "jXmvbV7Zt9M", "uri": "/contracts/jXmvbV7Zt9M#share-capital-of-the-corporation", "label": "Agency Agreement", "score": 31.9385204315, "published": true}], "hash": "79c5807eef052fad42cf0ad9dcb2612b", "id": 10}], "next_curs": "CmkSY2oVc35sYXdpbnNpZGVyY29udHJhY3RzckULEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IilzaGFyZS1jYXBpdGFsLW9mLXRoZS1jb3Jwb3JhdGlvbiMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 64, "children": [], "parents": [["representations-and-warranties-of-the-corporation", "Representations and Warranties of the Corporation"], ["representations-warranties-and-covenants", "Representations Warranties and Covenants"], ["representations-warranties-and-covenants-of-the-corporation", "Representations, Warranties and Covenants of the Corporation"], ["commission", "Commission"], ["representations-and-warranties-of-the-company", "Representations and Warranties of the Company"]], "title": "Share Capital of the Corporation", "id": "share-capital-of-the-corporation", "related": [["share-capital", "Share Capital", "Share Capital"], ["capital-of-the-company", "Capital of the Company", "Capital of the Company"], ["share-capital-and-ownership", "Share capital and ownership", "Share capital and ownership"], ["share-capitalizations", "Share Capitalizations", "Share Capitalizations"], ["capital-stock-of-the-company", "Capital Stock of the Company", "Capital Stock of the Company"]], "related_snippets": [], "updated": "2026-04-15T04:23:14+00:00", "also_ask": ["What are the minimum and maximum share capital requirements under relevant law?", "How can share capital structure be leveraged for control or investment negotiations?", "What are the key risks if share capital terms are ambiguous or incomplete?", "How do local and international standards for share capital differ?", "What provisions ensure enforceability of share capital terms in court?"], "drafting_tip": "Specify the authorized share capital to set clear issuance limits; define share classes and rights to prevent disputes; require board approval for changes to ensure proper governance.", "explanation": "The 'Share Capital of the Corporation' clause defines the total amount and structure of shares that a corporation is authorized to issue. It typically specifies the number of shares, their classes (such as common or preferred), and the par value, if any, associated with each class. For example, it may state that the corporation can issue up to 1,000,000 common shares with no par value. This clause is essential for establishing the ownership framework of the corporation and provides clarity to shareholders and regulators about the corporation\u2019s equity structure."}, "json": true, "cursor": ""}}