Common Contracts
1 similar Agency Agreement contracts
AGENCY AGREEMENTAgency Agreement • January 4th, 2021 • British Columbia
Mackie Research Capital Corporation (the “Agent”), understands that Cross River Ventures Corp. (the “Corporation”) proposes to issue and sell, by way of private placement (the “Offering”), flow-through units (each a “FT Unit”) of the Corporation at a price of $0.37 per FT Unit (the “Offering Price”) for aggregate gross proceeds of up to $2,000,000.00. Each FT Unit consists of one common share (each, a “FT Share”) of the Corporation that will be issued as a “flow through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”) that will be issued as a “flow through share” within the meaning of subsection 66(15) of the Tax Act. The proceeds from the issue and sale of the FT Units will be used for Canadian Exploration Expenses (as defined herein). Each Warrant will be exercisable to acquire one Common Share (as defined herein) (each, a “Warrant Share”) for a period of 3
