Subscription Receipt Warrants definition

Subscription Receipt Warrants means the common share purchase warrants to be issued upon the deemed exercise or exchange of the Subscription Receipts upon satisfaction of the Escrow Release Conditions, each Subscription Receipt Warrant to be exercisable into one common share of the Corporation at $0.75 for 36 months from issuance; and
View Source
Subscription Receipt Warrants means the common share purchase warrants of the Company issuable to holders of Subscription Receipts pursuant to the Subscription Receipt Agreement, whereby each whole warrant entitles the holder to acquire one common share at an exercise price of $0.80 for a period of 24 months from the date of issuance, subject to the Company’s ability to accelerate the expiry date to a date that is 30 days from the date of notice by the Company to the holder that the 20-day consecutive closing price of the common shares on a recognized stock exchange was equal to or greater than $1.40.
View Source
Subscription Receipt Warrants means the common share purchase warrants of the Company issuable to holders of Subscription Receipts pursuant to the Subscription Receipt Agreement, whereby each warrant entitles the holder to acquire one common share at an exercise price of $0.10 for a period of 24 months from the date of issuance.
View Source

Examples of Subscription Receipt Warrants in a sentence

  • LNG Warrants (excluding any LNG Subscription Receipt Warrants) 10,875,411 Lock-up restrictions expiring one (1) year after the Final Bulletin Date of the Proposed Transaction.

  • In connection with the Proposed Transaction, LNG Energy and Mind Cure are seeking to apply to the Exchange to list the Resulting Issuer Shares on the Exchange, as well as the LNG Subscription Receipt Warrants (as defined below) and will apply to delist the Mind Cure Shares and its common share purchase warrants ("Mind Cure Warrants") from the CSE.

  • Provided that it is not prohibited by the rules and policies of the Exchange or any other stock exchange upon which the Resulting Issuer Shares are then listed, the Resulting Issuer may also require (as may be set out in the Acceleration Notice) that any LNG Subscription Receipt Warrants exercised following the delivery of the Acceleration Notice are to be exercised by means of Cashless Exercise (as defined herein).


More Definitions of Subscription Receipt Warrants

Subscription Receipt Warrants means such number of non-transferrable compensation warrants equal to eight percent (8%) of the Asher Subscription Receipts sold pursuant to the Asher Financing, to be issued in accordance with the terms of the Subscription Receipt Agreement. Each Subscription Receipt Warrant will entitle the Agent to acquire one (1) Asher Post-Consolidation Share (a “Warrant Share”) at a price of $0.14 per Warrant Share for a period of twenty-four (24) months from the date of issuance.
View Source
Subscription Receipt Warrants means the issued and outstanding DroneCorp warrants to purchase an aggregate of 10,000,000 DroneCorp Shares issuable on conversion of the Subscription Receipts, each entitling the holder thereof to purchase one DroneCorp Shares at an exercise price of $0.50 per share for a period of 4 months from issuance.
View Source