Examples of Valdy Shares in a sentence
There are no shareholders’ agreements, pooling agreements, voting trusts or other similar agreements with respect to the ownership or voting of any of the Valdy Shares.
Other than as set forth in the Valdy Public Disclosure Record, there are no contracts or other transactions currently in place between Valdy or its subsidiaries, on the one hand, and: (i) any officer or director of Valdy or its subsidiaries; (ii) any holder of record or, to the knowledge of Valdy, beneficial owner of 10% or more of the Valdy Shares; and (iii) any affiliate or associate of any such, officer, director, holder of record or beneficial owner, on the other hand.
The Commission therefore directs the Company to correct this error.
AND WHEREAS in connection with the Securities Exchange, but following the de-listing of the Valdy Shares from trading on the TSXV, Valdy intends to seek a listing for the Valdy Shares on a Recognized Exchange (as defined below).
AND WHEREAS following discussions with the TSXV, Valdy has determined that it will not be able to have the Securities Exchange (as defined below) constitute a Qualifying Transaction and Valdy will seek a de-listing of the Valdy Shares (as defined below) from trading on the TSXV.
Immediately prior to the Transaction, the outstanding common shares of Valdy (each, a “Valdy Share”), will be consolidated pursuant to the terms of the Agreement (the “Consolidation”) so that no more than 5,000,000 Valdy Shares will be issued and outstanding upon the closing of the Transaction.
Prior to the closing of the Transaction (the “Closing”), the Company will consolidate the issued and outstanding Valdy Shares (the “Consolidation”) on the basis of one (1) post-Consolidation Valdy Share for every 2.726667 pre-Consolidation Valdy Shares outstanding on a fully-diluted basis (including Finder’s Shares (as defined below)) such that immediately prior to the Closing, there shall be outstanding no more than 5,000,000 Valdy Shares on a fully-diluted basis.
Prior to completion of the Transaction, the Valdy Shares were consolidated on the basis of 2.726667 pre- consolidation Valdy Shares for one-post consolidation Valdy Share.
AND WHEREAS following discussions with the TSXV, Xxxxx has determined that it will not be able to have the Securities Exchange (as defined below) constitute a Qualifying Transaction and Valdy will seek a de-listing of the Valdy Shares (as defined below) from trading on the TSXV.