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.
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.
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.
Orezone is authorized to issue an unlimited number of Orezone Shares.
Orezone (i) is a reporting issuer in all of the provinces and territories of Canada and the Orezone Shares are registered under Xxxxxxx 00 xx xxx 0000 Xxx, (xx) is not subject to any cease trade order under Applicable Securities Laws and (iii) is current with all material filings required to be made under Applicable Securities Laws and has filed or furnished all reports or other documents required to be filed or furnished under the 1933 Act and the 1934 Act.
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.
All outstanding New Orezone Shares have been authorized and are issued and outstanding as fully paid and non-assessable shares, free of pre-emptive rights.
As of the date of this Agreement, there were (i) 357,840,938 Orezone Shares outstanding, (ii) Orezone Options to acquire an aggregate of 6,973,200 Orezone Shares outstanding, and (iii) 37,327,252 Orezone Shares reserved for issue under the outstanding Orezone Convertible Securities and Convertible Debenture.
The outstanding Orezone Shares are listed on the TSX and Alternext.
Subject to Applicable Law and to section 5 hereof, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the IAMGOLD Shares and the New Orezone Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect such IAMGOLD Shares and New Orezone Shares.