Resource Companies definition
Examples of Resource Companies in a sentence
Substantial adverse or ongoing economic, business, government or political conditions in various world markets, including the potential for significant fluctuations in the prices of oil and gas, precious metals and minerals may have a negative impact on the ability of the Resource Companies to operate profitably.
The Partnership will initially invest in Flow-Through Securities of Resource Companies whose principal business is oil and gas exploration, development and/or production or mineral exploration, development and/or production or the generation of electrical and heat energy where related expenditures qualify as Canadian Renewable and Conservation Expenses.
In the event of a continued general economic downturn or a recession, there is no assurance that the business, financial conditions and results of operations of the Resource Companies in which the Partnership invests would not be materially adversely affected.
The Partnership may invest the Net Proceeds in Flow- Through Securities of private Resource Companies or Resource Companies whose securities are listed on a Canadian stock exchange.
The Partnership may invest the Net Proceeds in Flow-Through Securities of private Resource Companies or Resource Companies whose securities are listed on a Canadian stock exchange.
There is no assurance that Resource Companies will honour their obligations to incur and renounce Eligible Expenditures.
There is no assurance that Resource Companies will honour their obligation to incur and renounce Eligible Expenditures, that amounts renounced will qualify as CDE or CEE or that the Partnership will be able to recover any losses suffered as a result of such a breach of such obligation by a Resource Company.
The Partnership was formed to invest in Flow-Through Securities of Resource Companies whose principal business is oil and gas exploration, production and/or development or mineral exploration, development and/or production or the generation of electrical and heat energy where related expenditures qualify as Canadian Renewable and Conservation Expenses with the objective of achieving capital appreciation for Limited Partners.
The specific Flow-Through Shares of Resource Companies in which the Partnership will invest the Available Funds have not been identified as of the date of this prospectus and will not be identified until after the Initial Closing Date.
The Partnership will be affected by fluctuations in oil and natural gas prices as a result of investing in Flow-Through Shares of Resource Companies that are primarily involved in oil and natural gas exploration and production.