Examples of Subscription Receipt Private Placement in a sentence
Vote: Pull item #6.b. from Consent Calendar and CONTINUE to Next Planning Commission meeting on November 19, 2019Ayes: Bojorquez, Ortiz, Rodriguez and Garrett Nays: NoneAbsent: Barrera Abstain: None Action: Approved CONSENT CALENDAR items were continued… 6.a. Minutes of September 17, 2019 A motion was made by Commissioner Garrett and seconded by Commissioner Rodriguez and carried (4-0) to approve Consent Calendar Item #6a (Minutes of September 17, 2019) only.
Corridor shall issue and sell a minimum of 21,739,130 and a maximum of 32,608,696 Subscription Receipts at a price of $0.92 per Subscription Receipts for a minimum aggregate gross proceeds of $20 million and a maximum aggregate gross proceeds of $30 million (the "Subscription Receipt Private Placement") pursuant and subject to the terms of the Agency Agreement and the Subscription Receipt Agreement.
GCM Mining purchased 10,000 of the Subscription Receipts issued in connection with the 2020 Subscription Receipt Private Placement.
Issued share capital of DionyMed Holdings after the reverse takeover on November 28, 2018 In connection with the Subscription Receipt Private Placement prior to the completion of the Transaction (Note 1), the Company issued 8,115,297 common shares and 8,115,297 warrants with an exercise price of CAD$6.37 expiring two years from the date of issue for gross proceeds of approximately CAD$34,490,000.
Such Person has no agreement, commitment or understanding with any other Person (excluding Corridor), including any other member of the Initial Investor Group, any other Subscriber or any subscriber for Subscription Receipts pursuant to the Subscription Receipt Private Placement, to (i) acquire or offer to acquire Units, Common Shares or other securities of the Corporation, or (ii) to exercise jointly or in concert with such other Person, any voting rights attaching to any securities of the Corporation.
Except as disclosed in writing and any fees, commissions or expenses payable in respect of the Subscription Receipt Private Placement, Corridor has not retained any financial advisor, broker, agent or finder, or paid or agreed to pay or have the Initial Investor Group pay any financial advisor, broker, agent or finder on account of this Agreement, any transaction contemplated hereby or any transaction presently ongoing or contemplated.
Additional funds beyond those raised from the Subscription Receipt Private Placement and other prior equity financings will be necessary to commence low volume production.