Examples of Unit Warrant in a sentence
Each Unit Warrant will entitle the holder to purchase one Common Share for a period of one year at a price of $0.175 per Warrant Share.
Each Corporate Finance Fee Unit Warrant will entitle the holder to acquire one Common Share (a “Corporate Finance Fee Warrant Share”) at an exercise price of $0.12 per Corporate Finance Fee Warrant Share, subject to adjustment, at any time until 1:00 p.m. (Vancouver time) on the date that is 36 months after the Initial Closing Date.
Each Compensation Unit Warrant will entitle the holder to acquire one Common Share (a “Compensation Unit Warrant Share”) at an exercise price of $0.12 per Compensation Unit Warrant Share, subject to adjustment, at any time until 1:00 p.m. (Toronto time) on the date that is 36 months after the Initial Closing Date.
All necessary corporate action has been taken, or will be taken before Closing, to authorize the issue and sale of, and the delivery of certificates representing, the Unit Shares, Unit Warrants and Compensation Options and, upon payment of the requisite consideration therefor, the Unit Shares, Unit Warrant Shares and Compensation Option Shares will be validly issued as fully paid and non-assessable Common Shares.
The Corporation has made application so that at the time of issue of the Offered Units, the Unit Shares, Unit Warrant Shares and Compensation Option Shares will have been conditionally approved for listing on the CSE, subject only to the standard listing conditions.