Purchase Price

Clause

Clause Information


Purchase Price. In consideration for the acquisition of the Initial Purchased Shares, the Purchaser shall issue from treasury to the Shareholder at the Initial Closing (as defined below) an aggregate of 975,000 common shares without par value in the capital of the Purchaser (" Common Shares "), free and clear of any encumbrances (the " Initial Payment Shares "). The Initial Payment Shares are being issued at a deemed value of $0.055 per Initial Payment Share.

Clause Category:Purchase Price

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