Unit Shares definition

Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

Unit Shares means the Common Shares comprising part of a Unit;

Unit Shares means the Common Shares comprising part of the Units;

Examples of Unit Shares in a sentence

• Except as a result of any agreement, arrangement, undertaking or understanding to which the Company is not a party and of which it has no knowledge, upon issue the FT Unit Shares and the FT Unit Warrants will be “flow-through shares” as defined in subsection 66(15) of the Tax Act, and will not be “prescribed shares” or “prescribed rights” within the meaning of section 6202.1 of the regulations to the Tax Act.

• The Company will ensure that the Unit Shares, when paid for, shall be duly issued as fully paid and non-assessable Common Shares, and shall have the attributes corresponding to the description thereof set forth in this Agreement and the Unit Subscription Agreements.

• The FT Unit Shares and the Unit Shares have been duly and validly authorized for issuance and sale and when issued and delivered by the Company pursuant to this Agreement, against payment of the consideration set forth herein, will be validly issued as fully paid and non-assessable Common Shares.

• If the Company amalgamates with any one or more companies, any shares issued to or held by the FT Purchasers as a replacement for the FT Unit Shares comprising the FT Units as a result of such amalgamation will qualify, by virtue of subsection 87(4.4) of the Tax Act as “flow- through shares” as defined in subsection 66(15) of the Tax Act, and in particular will not be “prescribed shares” as defined in section 6202.1 of the regulations to the Tax Act.

• The Company will ensure that the FT Unit Shares, Unit Shares, the Warrant Shares, the Compensation Option Shares, and the Compensation Option Warrant Shares are conditionally approved for listing and trading on the CSE on or prior to the Closing Date.

More Definitions of Unit Shares

Unit Shares has the meaning ascribed to such term on the face page of this Agreement;

Unit Shares shall have the meaning ascribed to such term the Recitals to this Agreement.

Unit Shares has the meaning ascribed thereto in the recitals to this Agreement.

Unit Shares has the meaning ascribed thereto on the face page of this Agreement, and for certainty includes any Additional Shares issued on the exercise of the Over-Allotment Option;

Unit Shares means the Common Shares that form part of the Units offered for sale by the Company under this Prospectus.

Unit Shares has the meaning given to it above;

Unit Shares. “Warrants” and “Warrant Shares” shall include any such securities issued or issuable in connection with the exercise of the Additional Special Warrants, as applicable, and (B) all references to the “Units” shall include the “Additional Units” if the Purchaser’s Option is exercised on or following the Qualification Date, and in such case references to “Unit Shares”, “Warrants” and “Warrant Shares” shall include any such securities issued or issuable in connection with the exercise of the Additional Units, as applicable. In consideration of the Agent agreeing to act as agent to find the Purchasers (as defined herein) of Initial Special Warrants and the Purchaser’s Option on a commercially reasonable “best efforts” private placement basis, the Company agrees to pay to the Agent at the Time of Closing on the Closing Date and the Purchaser’s Option Closing Date, as applicable, a cash commission (the “Cash Commission”) in an amount equal to 6.0% of the gross proceeds received by the Company from the issue and sale of: (a) the Initial Special Warrants; and (b) Additional Securities, pursuant to the Offering (as defined herein). The Agent shall be entitled to appoint, at its sole expense, other registered dealers (“Selling Firms”) as agents to assist in the Offering and the Agent shall determine the remuneration payable to such Selling Firms, such remuneration to be the sole responsibility of the Agent. The Company confirms the filing on June 24, 2019 of the Preliminary Base Shelf Prospectus (as defined herein) and the filing on August 8, 2019 of the Final Base Shelf Prospectus (as defined herein) in each case in each Qualifying Jurisdiction (as defined herein) and the issuance of the Preliminary Receipt (as defined herein) on June 24, 2019 and the Final Receipt (as defined herein) on August 9, 2019, in each case by the OSC (as defined herein) on behalf of the Securities Commissions (as defined herein). The Company has also prepared and filed with the SEC (as defined herein) pursuant to the Canada/United States Multi-Jurisdictional Disclosure System adopted by the Securities Commissions and the SEC, the Preliminary Registration Statement (as defined herein) and the Final Registration Statement (as defined herein). The Offering is conditional upon and subject to the additional terms and conditions set forth below. The following are additional terms and conditions of the Agreement between the Company and the Agent: