Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product determined by the formula: 100 × A/B Where: A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator above, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 7 contracts
Sources: Shareholder Rights Plan Agreement (Americas Silver Corp), Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product determined by the formula: 100 × x A/B Where: A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator above, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 5 contracts
Sources: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (Cream Minerals LTD)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product determined by the formula: 100 × x A/B Where: :
A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and and
B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator above, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 5 contracts
Sources: Shareholder Rights Plan Agreement (Pacific Rim Mining Corp), Shareholder Rights Plan Agreement (International Tower Hill Mines LTD), Shareholder Rights Plan Agreement (Platinum Group Metals LTD)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. (a) For purposes of this Agreement, in determining the percentage of outstanding Voting Shares with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares of which such person is deemed to be the Beneficial Owner shall be deemed to be outstanding.
(b) For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 × x A/B Wherewhere: A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all then outstanding Voting Shares. Where any a Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose purposes of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator A and the denominator B above, but no other unissued Voting Shares which may be acquired pursuant to any other then outstanding Convertible Securities shall, for the purposes of that such calculation, be deemed to be outstanding.
Appears in 3 contracts
Sources: Shareholder Rights Plan Agreement (Alamos Gold Inc), Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (AuRico Gold Inc.)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person Person, shall be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 × x A/B Where: where:
A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and and
B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where For the purposes of the foregoing formula, where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible SecuritiesShares, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator abovedenominator, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 3 contracts
Sources: Shareholder Rights Plan Agreement (Caledonia Mining Corp), Shareholder Rights Plan Agreement (Tanzanian Royalty Exploration Corp), Shareholder Rights Plan Agreement (North American Energy Partners Inc.)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of outstanding Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product determined by the formula: 100 × A/x A B Where: where:
A = the number of votes for the election of all directors generally attaching to the outstanding Voting Shares Beneficially Owned by such Person; and and
B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where For the purpose of the foregoing formula, where any Person person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator abovedenominator, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 3 contracts
Sources: Shareholder Rights Plan Agreement (Hemisphere Energy Corp), Shareholder Rights Plan Agreement (Rubicon Minerals Corp), Shareholder Rights Plan Agreement (Mdsi Mobile Data Solutions Inc /Can/)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product determined by the formula: 100 × A/B Where: :
A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and and
B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator above, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 3 contracts
Sources: Shareholder Rights Plan Agreement (Americas Silver Corp), Shareholder Rights Plan Agreement (Jaguar Mining Inc), Shareholder Rights Plan Agreement (Jaguar Mining Inc)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares of any class Beneficially Owned by any Person shall Person, will be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 × x (A/B Where: B) where:
A = the aggregate number of votes for the election of all directors generally attaching to the Voting Shares of the particular class Beneficially Owned by such Person; and and
B = the aggregate number of votes for the election of all directors generally attaching to all outstanding Voting SharesShares of the particular class. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securitiessection 1.1(f), such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares of the particular class Beneficially Owned by such Person in both the numerator and the denominator abovePerson, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that this calculation, be deemed to be outstanding. For the avoidance of doubt, the Rights Agent shall have no duty or obligation to make any calculations with respect to the foregoing.
Appears in 2 contracts
Sources: Shareholder Rights Plan Agreement (Gold Royalty Corp.), Shareholder Rights Plan Agreement (Gold Royalty Corp.)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person Person, shall be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 × x A/B Where: where:
A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and and
B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where For the purposes of the foregoing formula, where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator abovedenominator, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 2 contracts
Sources: Shareholder Agreements (Ivanhoe Mines LTD), Shareholder Rights Plan Agreement (Ivanhoe Mines LTD)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of outstanding Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product determined by the formula: 100 × A/x A --- B Where: A = where:
A= the number of votes for the election of all directors generally attaching to the outstanding Voting Shares Beneficially Owned by such Person; and B = and
B= the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where For the purpose of the foregoing formula, where any Person person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator abovedenominator, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 1 contract
Sources: Shareholder Rights Plan Agreement (Mdsi Mobile Data Solutions Inc /Can/)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person Person, shall be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 × x A/B Wherewhere: A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where For the purposes of the foregoing formula, where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator abovedenominator, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 1 contract
Sources: Shareholder Agreement
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. (a) For purposes of this Agreement, in determining the percentage of outstanding Voting Shares with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares of which such person is deemed to be the Beneficial Owner shall be deemed to be outstanding.
(b) For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 × x A/B Where: where:
A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and and
B = the number of votes for the election of all directors generally attaching to all then outstanding Voting Shares. Where any a Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose purposes of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator A and the denominator B above, but no other unissued Voting Shares which may be acquired pursuant to any other then outstanding Convertible Securities shall, for the purposes of that such calculation, be deemed to be outstanding.
Appears in 1 contract
Sources: Shareholder Rights Plan Agreement (Alamos Gold Inc)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. (a) For purposes of this Agreement, in determining the percentage of outstanding Voting Shares with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares of which such person is deemed to be the Beneficial Owner shall be deemed to be outstanding.
(b) For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 × x A/B Wherewhere: A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all then-outstanding Voting Shares. Where any a Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose purposes of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator A and the denominator B above, but no other unissued Voting Shares which may be acquired pursuant to any other then- outstanding Convertible Securities shall, for the purposes of that such calculation, be deemed to be outstanding.
Appears in 1 contract
Sources: Shareholder Rights Plan Agreement
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product determined by the formula: 100 × A/B x NB Where: :
A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator above, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 1 contract
Sources: Shareholder Rights Plan Agreement
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 × x A/B Where: :
A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator above, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 1 contract
Sources: Shareholder Agreements
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product determined by the formula: 100 × x A/B Where: A = :
A= the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = and
B= the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator above, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.. Table of Contents
Appears in 1 contract
Sources: Shareholder Rights Plan Agreement (Olympus Pacific Minerals Inc)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product determined by the formula: 100 × A/B Where: :
A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator above, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 1 contract
Sources: Shareholder Rights Plan Agreement (Keegan Resources Inc.)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product determined by the formula: 100 × х A/B Where: A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator above, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 1 contract
Sources: Shareholder Rights Plan Agreement
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product determined by the formula: 100 × x A/B Where: :
A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator above, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 1 contract
Sources: Shareholder Rights Plan Agreement (Olympus Pacific Minerals Inc)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be and be deemed to be the product determined by the formula: 100 × x A/B Where: :
A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and attaching
B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator above, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 1 contract
Sources: Shareholder Rights Plan Agreement (Western Copper & Gold Corp)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares of any class Beneficially Owned by any Person shall Person, will be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 × x A/B Where: where:
A = the aggregate number of votes for the election of all directors generally attaching to the Voting Shares of the particular class Beneficially Owned by such Person; and and
B = the aggregate number of votes for the election of all directors generally attaching to all outstanding Voting SharesShares of the particular class. Where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securitiessection 1.1(f), such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares of the particular class Beneficially Owned by such Person in both the numerator and the denominator abovePerson, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that this calculation, be deemed to be outstanding. For the avoidance of doubt, the Rights Agent shall have no duty or obligation to make any calculations with respect to the foregoing.
Appears in 1 contract
Sources: Shareholder Rights Plan Agreement (MFC Industrial Ltd.)
Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person Person, shall be and be deemed to be the product (expressed as a percentage) determined by the formula: where: 100 × x A/B Where: A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where For the purposes of the foregoing formula, where any Person is deemed to Beneficially Own unissued Voting Shares which may be acquired pursuant to Convertible Securities, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person in both the numerator and the denominator abovedenominator, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities shall, for the purposes of that calculation, be deemed to be outstanding.
Appears in 1 contract
Sources: Shareholder Rights Plan Agreement