Finder Shares definition

Finder Shares means the 1,418,000 Common Shares issuable to the Finder as finder in connection with the sale of Subscription Receipts, at a price of $0.05 in satisfaction of the cash fee of $70,900.

Finder Shares means Stralak Shares that may be issued to certain third parties in connection with their assistance in arranging the Business Combination, and which shall be issued prior to the Consolidation, and shall comprise a portion of the 1,200,000 or 1,500,000 New Stralak Shares issued and outstanding following the Consolidation;

Finder Shares means Canada Coal Shares to be issued at Closing to certain finders having a deemed value of up to $130,000.

Examples of Finder Shares in a sentence

• The fair value of the IGC Consideration Shares and Finder Shares have been included at a fair value of $0.89 per common share.

• After giving effect to the issuance of the Performance Shares to the Target, the issuance of 288,773 Finder’s Warrants pursuant to the private placement dated September 26, 2017, the issuance of 1,650,000 Finder Shares to the Finder pursuant to the Transaction (See “ General Development of the Business – CNRP – The Transaction”) and 2,798,955 outstanding CNRP Warrants as at December 1, 2017.

• In addition, the Company issued 6,000,000 Finder Shares with a fair value of $379,683 (C$550,200) or $0.063 (C$0.092) per common share.• Pursuant to the terms of the Venom Extracts acquisition, the release conditions related to the Venom Earn- Out shares were met, and as a result all 29,610,054 of the Venom Earn-Out Shares were issued by the Company to the applicable former shareholders of Venom Extracts.

• The Company has agreed to issue, and has reserved for issuance, an additional 565,000 Finder Shares upon achieving certain future financial milestones.

• The capital share structure of the Resulting Issuer after giving effect to the Acquisition and after the contemplated concurrent financing as well as the release of the Finder Shares, shall be approximately the share structure described in Schedule “D-1” and “D-2” hereto.

• The Finder Shares are also subject to an escrow agreement dated April 30, 2020, pursuant to which 1/8 will be released every 3 months for a total term of 2 years.

• Initially, upon closing, the Issuer issued 175,000 Finder Shares and, thus, a further 200,000 Finder Shares shall be issued and released subject to the satisfaction of certain specified performance milestones as described in the Share Exchange Agreement.

• In connection with the private placement, the Issuer issued an aggregate of 564,000 Finder Warrants and 564,000 Finder Shares to registered dealers.

• The first tranche of 500,000 Finder Shares was paid on April 30, 2020 and the second tranche will be paid at the time the Issuer receives the Licence.

• In accordance with the milestone schedule, a further 50,000 of the Finder Shares shall be issued at this time.

More Definitions of Finder Shares

Finder Shares means (i) the 500,000 Shares issued to Xxx Xxxxxx by the Purchaser; and (ii) the 500,000 Consideration Shares transferred or otherwise delivered to Xxx Xxxxxx, to be registered as directed by Xxx Xxxxxx, by the Seller, pursuant to the Finder Agreement and all of which shares shall be deposited into escrow with the Escrow Agent, pursuant to the Escrow Agreement.

Finder Shares means the 372,000 Common Shares issued to registered dealers in connection with the

Finder Shares means the 3,316,372 PetroCorp Consolidation Shares issued to an arm's length party in connection with the Transaction on the Closing Date;