Examples of Denison Shares in a sentence
The Exchange Ratio is fixed (subject to certain exceptions) and, as a result, the Denison Shares issued on closing of the Arrangement may have a market value different than at the time of approval of the Arrangement.
The Denison Supporting Shareholders and the Fission Supporting Shareholders, who in total hold approximately 0.5% and 1.7% of the Denison Shares and Fission Shares, respectively, have entered into the Denison Voting Agreements and Fission Voting Agreements, as the case may be, pursuant to which they have agreed, among other things, to vote in favour of the resolutions relating to the Arrangement.
The Board considered the anticipated value of the outstanding New Denison Shares on a fully diluted and post-Consolidation basis.
While the resale of Denison Shares issued under the Offer is subject to restrictions under the securities laws of certain Canadian provinces and territories, Shareholders in such provinces and territories generally will be able to rely on statutory exemptions from such restrictions.
The consummation of the transactions contemplated by the Transaction Documents are in the ordinary course of business of each Relevant Party.
The holders of Fission warrants are entitled to receive, upon exercise of their warrants, the number of Denison Shares and Spinco Shares which the warrantholders would have been entitled to receive as a result of the Arrangement, if immediately prior to the effective date, the warrantholders had exercised their warrants.
No fractional Denison Shares shall be issued to Target Shareholders and any fractional interest shall be rounded down to the nearest whole number, provided however that any Target Shareholder who would, as a result of the steps set forth in Section 3.01, otherwise be entitled to only a fractional Denison Share (and no whole Denison Shares) will nonetheless receive one whole Denison Share.
Upon completion of the Arrangement, the holders of Fission options will receive options to acquire Denison Shares and options to acquire Spinco Shares.
Registered Shareholders who oppose the Arrangement may, upon compliance with certain conditions, exercise their Dissent Rights and receive the fair value of their Denison Shares in accordance with the Plan of Arrangement.
The Denison Shares are listed on the Toronto Stock Exchange (“TSX”) under the symbol “DML” and on the NYSE MKT under the symbol “DNN” and Denison’s market capitalization was approximately $549 million as of the close of trading on September 16, 2013.