Kinross Common Shares definition
Examples of Kinross Common Shares in a sentence
Such certificates held by Parent or Purchaser shall be cancelled and retired and shall cease to exist and no Kinross Common Shares or other consideration shall be delivered in exchange therefor.
The certificates formerly representing shares of Crown Common Stock to be converted into Kinross Common Shares as described above (each a "Certificate" and, collectively, the "Certificates") will thereafter represent that number of Kinross Common Shares determined by the Exchange Ratio.
Each share of Crown Common Stock (other than Crown Common Stock held by Parent or Purchaser or by a Dissenter) issued and outstanding immediately prior to the Effective Time will be converted into the right to receive 0.2911 Kinross Common Shares (the "Exchange Ratio").
There are no outstanding contractual obligations of Kinross or of any of the Kinross Group Companies to repurchase, redeem or otherwise acquire any outstanding Kinross Common Shares or with respect to the voting or disposition of any outstanding Kinross Common Shares.
The Kinross Common Shares to be issued pursuant to the transactions contemplated herein will, upon issue, be issued as fully-paid and non-assessable shares.
Kinross is authorized to issue an unlimited number of Kinross Common Shares.
Upon completion of the arrangement, the Bema warrants and convertible shares will remain outstanding as securities of Bema, convertible into Kinross shares on the same basis as the exchange for Bema common shares for Kinross Common Shares and otherwise with the same rights, terms and conditions that currently exist.
No fractional Kinross Common Shares shall be issued to Former Bema Shareholders in connection with this Plan of Arrangement.
In the event that the total value is less than $77.5 million, the Exchange Ratio shall be increased so that the value of the total number of Kinross Common Shares issuable shall be equal to $77.5 million.
As at December 15, 2006, there were 362,673,859 Kinross Common Shares outstanding, an aggregate of 3,439,156.16 Kinross Common Shares were set aside for issue under the Kinross Options and an aggregate of 8,333,333 Kinross Common Shares were set aside for issue under the Kinross Warrants.