Common use of Underwriting Fee Clause in Contracts

Underwriting Fee. In consideration for its services hereunder, the Corporation agrees to pay to the Underwriters: (a) at the Closing Time, a fee equal to the amount of US$0.25 (5%) for each Prospectus Unit purchased for an aggregate fee of US$2,750,000; (b) at the Closing Time, a fee equal to the amount of Cdn$0.3085 (5%) for each Flow-Through Common Share purchased for an aggregate fee of Cdn$802,100; and (c) at the Additional Closing Time, a fee of: (i) US$0.25 (5%) for each Over-Allotment Option Unit purchased; (ii) US$0.236 (5%) for each Over-Allotment Option Share purchased; and (iii) US$0.028 (5%) for each Over-Allotment Option Warrant purchased. The foregoing fees (collectively, the “Underwriting Fee”) may, at the sole option of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities and withheld for the account of the Underwriters. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax (“GST”) provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in the event that the Canada Revenue Agency determines that GST provided for in the Excise Tax Act (Canada) is exigible on the Underwriting Fee, the Corporation agrees to pay the amount of GST forthwith upon the request of the Underwriters. The Corporation also agrees to pay the Underwriters’ expenses as set forth in section 10 hereof.

Underwriting Fee. In consideration for its their services hereunderin underwriting the distribution of and purchasing the Offered Securities, the Corporation Trust agrees to pay to the Underwriters: : (a) at the Closing Time, a fee equal to the of $0.42125 per Offered Receipt for each Offered Receipt purchased and $40.00 per Offered Debenture (being an aggregate amount of US$0.25 (5%) for each Prospectus Unit purchased for an aggregate fee of US$2,750,000; $7,201,875 or $8,001,875 if the Underwriters' Option is exercised in full); and (b) at the Closing Timetime of release of the funds held by the Escrow Agent to the Trust pursuant to the Subscription Receipt Agreement, if applicable, a fee equal of $0.42125 per Offered Receipt purchased (being an aggregate amount of $4,001,875), payable from the funds held by the Escrow Agent pursuant to the amount of Cdn$0.3085 (5%) for each Flow-Through Common Share purchased for an aggregate fee of Cdn$802,100; and (c) at the Additional Closing Time, a fee of: (i) US$0.25 (5%) for each Over-Allotment Option Unit purchased; (ii) US$0.236 (5%) for each Over-Allotment Option Share purchased; and (iii) US$0.028 (5%) for each Over-Allotment Option Warrant purchasedSubscription Receipt Agreement. The foregoing fees (collectively, the “"Underwriting Fee”") may, at will be payable from the sole option general funds of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities and withheld for the account of the UnderwritersTrust or its subsidiaries. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax (“"GST”") provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in In the event that the Canada Revenue Agency determines that GST provided for in the Excise Tax Act (Canada) is exigible on the Underwriting Fee, the Corporation Trust agrees to pay the amount of GST forthwith upon the request of the Underwriters. The Corporation Trust also agrees to pay the Underwriters’ ' expenses as set forth in section 10 hereofSection 12.

Underwriting Fee. In consideration for its their services hereunderin underwriting the distribution of and purchasing the Offered Securities, the Corporation Trust agrees to pay to the Underwriters: (: a) at the Closing Time, a fee equal to the amount of US$0.25 (5%) $0.30625 per Firm Receipt for each Prospectus Unit Firm Receipt purchased for an aggregate fee of US$2,750,000; (and $40.00 per Offered Debenture; b) at the Closing Time, a fee equal to the amount of Cdn$0.3085 (5%) for each Flow-Through Common Share purchased for an aggregate fee of Cdn$802,100; and (c) at the Additional Closing Time, a fee of: (i) US$0.25 (5%) of $0.30625 per Over-Allotment Option Receipt for each Over-Allotment Option Unit purchased; Receipt issued (ii) US$0.236 (5%) for each being an aggregate amount of $939,421.88 if the Over-Allotment Option Share purchasedis exercised in full); and and (iiic) US$0.028 at the time of release of the funds held by the Escrow Agent to the Trust pursuant to the Subscription Receipt Agreement, if applicable, a fee of $0.30625 per Offered Receipt purchased (5%) for each being an aggregate amount of $6,262,812.50, or $7,202,234.38 if the Over-Allotment Option Warrant purchasedis exercised in full), payable from the funds held by the Escrow Agent pursuant to the Subscription Receipt Agreement. The foregoing fees (collectively, the “"Underwriting Fee”") may, at will be payable from the sole option general funds of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities and withheld for the account of the UnderwritersTrust or its subsidiaries. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax (“"GST”") provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in In the event that the Canada Revenue Agency determines that GST provided for in the Excise Tax Act (Canada) is exigible on the Underwriting Fee, the Corporation Trust agrees to pay the amount of GST forthwith upon the request of the Underwriters. The Corporation Trust also agrees to pay the Underwriters’ ' expenses as set forth in section 10 hereofSection 12.

Underwriting Fee. In consideration for its their services hereunder, in underwriting the distribution of and purchasing the Offered Securities the Corporation agrees to pay to the Underwriters: (a) at the Closing Time, Time a fee equal to the of $37.50 per Firm Debenture for each Firm Debenture purchased (being an aggregate amount of US$0.25 (5%) for each Prospectus Unit purchased for an aggregate fee of US$2,750,000;$2,812,500); and (b) at the Additional Closing Time, Time a fee equal to the amount of Cdn$0.3085 (5%) for each Flow$37.50 per Over-Through Common Share purchased for an aggregate fee of Cdn$802,100; and (c) at the Additional Closing Time, a fee of: (i) US$0.25 (5%) Allotment Debenture for each Over-Allotment Option Unit purchased; Debenture purchased (ii) US$0.236 (5%) for each Over-Allotment Option Share purchasedbeing an aggregate amount of up to $421,875); and (iii) US$0.028 (5%) for each Over-Allotment Option Warrant purchasedall such fees being payable from the general funds of the Corporation. The foregoing fees (collectively, the “"Underwriting Fee”") may, at the sole option of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities and withheld for the account of the Underwriters. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax (“GST”) provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in the event that the Canada Customs and Revenue Agency determines that GST Goods and Services Tax provided for in the Excise Tax Act (Canada) is exigible on the Underwriting Fee, the Corporation agrees to pay the amount of GST Goods and Services Tax forthwith upon the request of the Underwriters. The In the event that this offering is not completed, the Corporation also agrees to pay the Underwriters’ ' reasonable expenses incurred in connection with this underwriting as set forth in section paragraph 10 hereof.

Underwriting Fee. In consideration for its their services hereunderin underwriting the distribution of and purchasing the Offered Units, the Corporation Trust agrees to pay to the Underwriters: (a) Underwriters at the Closing Time, Time a fee equal to the of $0.705 per Offered Unit for each Offered Unit purchased (being an aggregate amount of US$0.25 (5%) for each Prospectus Unit purchased for $3,877,500 in respect of the Firm Units and an aggregate fee of US$2,750,000; (b) at the Closing Time, a fee equal to the amount of Cdn$0.3085 (5%) for each Flow-Through Common Share purchased for an aggregate fee $387,750 in respect of Cdn$802,100; and (c) at the Additional Closing TimeUnderwriters' Option Units, a fee of: (i) US$0.25 (5%) for each Over-Allotment if the Underwriters' Option Unit purchased; (ii) US$0.236 (5%) for each Over-Allotment Option Share purchased; and (iii) US$0.028 (5%) for each Over-Allotment Option Warrant purchasedis exercised in full). The foregoing fees (collectively, the “Underwriting Fee”"UNDERWRITING FEE") may, at the sole option of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities Units and withheld for the account of the Underwriters. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax (“GST”) provided for in the Excise Tax Act EXCISE TAX ACT (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in the event that the Canada Customs and Revenue Agency determines that GST Goods and Services Tax provided for in the Excise Tax Act EXCISE TAX ACT (Canada) is exigible on the Underwriting Fee, the Corporation Trust agrees to pay the amount of GST Goods and Services Tax forthwith upon the request of the Underwriters. The Corporation Trust also agrees to pay the Underwriters’ ' expenses as set forth in section 10 hereof10.

Underwriting Fee. In consideration for its their services hereunder, the Corporation agrees to pay to the Underwriters: (a) at the Closing Time, a fee equal to the amount of US$0.25 $40 (54%) per Firm Debenture for each Prospectus Unit Firm Debenture purchased for and including any purchased by the Underwriters as principal hereunder (being an aggregate fee amount of US$2,750,000;$2,000,000); and (b) at the Over-Allotment Option Closing Time, a fee equal to of $40 (4%) per Additional Debenture for each Additional Debenture purchased and including any purchased by the Underwriters as principal hereunder (being an aggregate amount of Cdn$0.3085 (5%) for each Flow-Through Common Share purchased for an aggregate fee of Cdn$802,100; and (c) at up to $300,000 if the Additional Closing Time, a fee of: (i) US$0.25 (5%) for each Over-Allotment Option Unit purchased; (ii) US$0.236 (5%) for each Over-Allotment Option Share purchased; and (iii) US$0.028 (5%) for each Over-Allotment Option Warrant purchasedis exercised in full). The foregoing fees (collectively, the “Underwriting Fee”) may, at the sole option of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities Firm Debentures and Additional Debentures, as applicable, and withheld for the account of the Underwriters. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax (“GST”) provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in the event that the Canada Revenue Agency determines that GST provided for in the Excise Tax Act (Canada) is exigible on the Underwriting Fee, the Corporation agrees to pay the amount of GST forthwith upon the request of the Underwriters. The Corporation also agrees to pay the Underwriters’ expenses as set forth in section 10 11 hereof.