Examples of Orezone Shares in a sentence
No dividends or distributions declared or made after the Effective Date with respect to IAMGOLD Shares with a record date after the Effective Date will be payable or paid to the holder of any unsurrendered certificate or certificates which, immediately prior to the Effective Date, represented outstanding Orezone Shares unless and until the holder of such certificate shall have complied with the provisions of this section 5.
The Depositary will forward to each Orezone Shareholder, at the address of such Orezone Shareholder as it appears on the register for Orezone Shares, a Letter of Transmittal and instructions for obtaining delivery of the certificates representing the New Orezone Shares and the IAMGOLD Shares allotted and issued to such Orezone Shareholder pursuant to the Arrangement.
Any certificate formerly representing Orezone Shares that is not deposited, with all other documents as provided in this section 5 on or before the sixth anniversary of the Effective Date, shall cease to represent any claim or interest of any kind or nature against IAMGOLD, Orezone, New Orezone or the Depositary.
IAMGOLD owns, directly or indirectly, or exercises control or direction over nil Orezone Shares.
As of the date of this Agreement (i) there was one New Orezone Share outstanding, and (ii) there were no New Orezone Shares reserved for issue pursuant to any convertible securities of New Orezone or any other rights to acquire New Orezone Shares.
The outstanding Orezone Shares are listed on the TSX and Alternext.
The only vote or approval of the holders of the Orezone Shares, Orezone Options or Orezone Convertible Securities, the Debentureholder or the holder of any other securities of Orezone necessary to approve the Arrangement Resolution is, subject to the Interim Order, the Orezone Shareholder Approval.
Accordingly, the Proposed IPT is subject to the approval of the Company’s shareholders who are not interested persons as defined in Chapter 9 of the Listing Manual (“Independent Shareholders”), pursuant to Rule 906 of the Listing Manual.
The New Orezone Shares to be issued to Orezone and distributed to Orezone Shareholders pursuant to the Plan of Arrangement will be issued as fully paid and non-assessable shares, free and clear of any Encumbrances.
There are no outstanding contractual obligations of Orezone or the Orezone Subsidiaries to repurchase, redeem or otherwise acquire any outstanding Orezone Shares or with respect to the voting or disposition of any outstanding Orezone Shares.