Common Contracts
1 similar Transaction Agreement contracts
TRANSACTION AGREEMENTTransaction Agreement • August 2nd, 2018 • British Columbia
WHEREAS the Parties (as hereinafter defined) have agreed, subject to the satisfaction of certain conditions precedent, to complete the steps described in Article 1 on the basis set out in this Agreement (collectively, the “Transaction”) which will result in a reverse takeover of LVI by the security holders of PTI and the listing for trading of the Subordinated Voting Shares (as hereinafter defined) of the resulting issuer (the “Resulting Issuer”) on the Canadian Securities Exchange (the “CSE”), and pursuant to which the LVI Shareholders (as hereinafter defined) will receive, upon completion of the Transaction, Subordinated Voting Shares having aggregate value of $2,160,000 at a price per Subordinated Voting Share equal to the Financing Offering Price (as hereinafter defined).
