Examples of UEC Shares in a sentence
With the respect to the CAD $180,000 change of control payment that would otherwise be payable to a corporation controlled by Xxxxxx Xxxxx on the closing date of the Transaction, this amount shall be reduced to CAD $80,000 and shall be settled by the Purchaser by the payment of CAD $30,000 in cash and the issuance of CAD $50,000 in UEC Shares at a price of CAD $3.0705 per UEC share to the aforementioned corporation.
The UEC Shares to be issued pursuant to the Transaction will be freely transferable under U.S. federal securities laws, except by persons who are "affiliates" of UEC after the Transaction or were affiliates of the Purchaser within 90 days prior to the completion of the Transaction.
No fractional UEC Shares were issued pursuant to the Amalgamation, with any fractional shares rounded down to the nearest whole number.
Use of CIF resources will escalate in Year 3 as cluster initiatives move forward and CIF funds are increasingly used to support specific cluster- identified requirements.Exhibit 6: CIF Expenditure US $ B.
On completion of the Arrangement, former UEX Shareholders are expected to hold approximately 14.2% of the outstanding UEC Shares (based on the issued and outstanding UEC Shares as of the date hereof).
Any UEC Shares issued in the event of exercise of the UEC Exchange Warrants will not be registered under the Registration Statement and, upon issuance, will constitute "restricted securities" as defined in Rule 144(a)(3) under the 1933 Act.
As at December 13, 2011, the 20-day volume-weighted average trading price ("20-day VWAP") of the UEC Shares was CAD $3.0705 (based on an exchange rate of 1.0342), and the 20-day VWAP of the Cue Resources Shares was CAD $0.0243.
In connection with the Closing, UEC will issue UEC Share certificates evidencing the UEC Shares to be issued to Concentric Shareholders in the Merger on substantially the same basis as the Concentric Shares are registered as of the Effective Time.
The deemed value of the UEC Shares issued in connection with the Transaction represents an offer price of $0.06 per Cue Resources share, representing an implied offer premium of approximately 147% to the Company's shareholders based on the 20-day VWAPs of the UEC Shares and the Cue Resources Shares.
The Seller acknowledges and agrees that it may only resell the UEC Shares in Canada in compliance with applicable Canadian securities laws.