AGENCY AGREEMENTAgency Agreement • March 6th, 2017 • British Columbia
Contract Type FiledMarch 6th, 2017 JurisdictionWe understand that NuRAN Wireless Inc. (“NuRAN” or the “Corporation”) proposes to raise on a private placement basis a minimum of $2,000,000.00 and up to a maximum of $3,500,000.00 through the issuance of secured convertible debentures of the Corporation (each a “Debenture” and collectively the “Debentures”). Each Debenture is convertible at the option of the holder, in whole or in part, into common shares of the Corporation (each, a “Common Share”) at a price of $0.25 per Common Share (each, a “Debenture Share”) subject to the Adjustment Provision (as herein defined), at any time before 5:00 p.m. (Toronto time) on the date that is eighteen months following the Closing Date (as defined below). Each Debenture bears interest at a rate of 12% per annum calculated monthly, payable quarterly in arrears based on a calendar year of 365 days and pro rata for the first quarter after Closing. As additional consideration for the purchase of the Debentures by the Subscribers, each Subscriber will
AGENCY AGREEMENTAgency Agreement • July 20th, 2016 • British Columbia
Contract Type FiledJuly 20th, 2016 JurisdictionWe understand that NuRAN Wireless Inc. (“NuRAN” or the “Corporation”) proposes to raise on a private placement basis a minimum of $2,500,000.05 and up to a maximum of $5,000,000.10 through the issuance of common shares (“Common Shares”) in the capital of NuRAN at a price of $0.15 per Common Share (the “Offering Price”). All prices herein are in Canadian dollars. The Common Shares are sometimes referred to hereinafter as the “Offered Securities”.