CANADIAN ZINC CORPORATION as the Corporation andWarrant Indenture • April 30th, 2015 • Canadian Zinc Corp • Metal mining • British Columbia
UNDERWRITING AGREEMENTShare Subscription Agreement • April 30th, 2015 • Canadian Zinc Corp • Metal mining • British Columbia
Dundee Securities Ltd. (“Dundee”), Canaccord Genuity Corp. and Paradigm Capital Inc. (collectively, the "Underwriters") understand that Canadian Zinc Corporation (the "Company") proposes to issue and hereby offers to sell to the Underwriters (i) 28,572,000 units ("Units") of the Company (the "Offered Units") at a price of $0.35 per Unit (the “Unit Price”) for distribution to the public in accordance with the terms of this Agreement (as hereinafter defined), with each Unit consisting of one common share (a "Unit Share") of the Company and one half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant") and with each Warrant entitling the holder to purchase one common share of the Company (a "Warrant Share") at a price of $0.50 per Warrant Share at any time on or before that date which is 36 months after the Closing Date (as defined below), and (ii) 13,160,000 common shares of the Company that each constitutes a “flow-through share” (the “FlowThrough
ContractCanadian Zinc Corp • April 30th, 2015 • Metal mining • British Columbia
provided that where Products are processed on or off the Property in a facility wholly or partially owned by the Owner, a shareholder of the Owner or an Affiliate of the Owner or an Affiliate of a shareholder of the Owner, Allowable Deductions will not include any costs that are in excess of those which would be incurred on an arm’s length basis or which would not be Allowable Deductions if those Products were processed by an independent third party. There will be no Allowable Deductions from Gross Proceeds received as a result of a Loss;
ContractArrangement Agreement • April 30th, 2015 • Canadian Zinc Corp • Metal mining • British Columbia
