Common Contracts
1 similar Agency Agreement contracts
AGENCY AGREEMENTAgency Agreement • July 22nd, 2014
The undersigned, Secutor Capital Management Corporation (the “Agent”), understands that Lamêlée Iron Ore Ltd. (the “Corporation”) proposes to issue and sell to the public by way of a short form prospectus: (i) a maximum of 46,153,846 units of the Corporation (the “Units”) at a price of $0.13 per Unit, or (ii) a maximum of 40,000,000 flow-through shares of the Corporation (the “FT Shares”) at a price of $0.15 per FT Share, or a combination of both, for maximum total gross proceeds of $6,000,000 (the “Offering”). The Agent further understands that the Closing (as hereinafter defined herein) of the Offering is conditional upon the Corporation receiving minimum gross proceeds of $2,000,000 from the sale of any combination of Units and FT Shares (the “Minimum Offering”).
