Common use of Description of the Units Clause in Contracts

Description of the Units. The Company is issuing Units at a price of U.S. $0.02 per Unit. The Shares forming part of the Units, together with the Warrant Shares which are issuable upon the exercise of the Warrants, are a part of the common shares of the Company presently authorized. Copies of the constating documents of the Company describing the common shares and the rights of shareholders are available upon request.

Appears in 2 contracts

Sources: Subscription Agreement (Harborside Ventures, Inc.), Subscription Agreement (Shimmer Gold, Inc.)

Description of the Units. The Company is issuing Units at a price of U.S. $0.02 0.35 per Unit. The Shares forming part of the Units, together with the Warrant Shares which are issuable upon the exercise of the Warrants, are a part of the common shares of the Company presently authorized. Copies of the constating documents of the Company describing the common shares and the rights of shareholders are available upon request.

Appears in 2 contracts

Sources: Private Placement Subscription Agreement (Omnicity Corp.), Private Placement Subscription Agreement (Power Air Corp)

Description of the Units. The Company is issuing Units at a price of U.S. $0.02 0.40 per Unit. The Shares forming part of the Units, together with the Warrant Shares which are issuable upon the exercise of the Warrants, are a part of the common shares of the Company presently authorized. Copies of the constating con-stating documents of the Company describing the common shares and the rights of shareholders are available upon request.

Appears in 1 contract

Sources: Private Placement Subscription Agreement (Pulse Beverage Corp)

Description of the Units. The Company is issuing Units at a price deemed settlement Subscription Price of U.S. $0.02 0.35 per Unit. The Shares forming part of the Units, together with the Warrant Shares which are issuable upon the exercise of the Warrants, are a part of the common shares of the Company presently authorized. Copies of the constating documents of the Company describing the common shares and the rights of shareholders are available upon request.

Appears in 1 contract

Sources: Subscription Agreement (Omnicity Corp.)

Description of the Units. The Company is issuing Units at a price of U.S. $0.02 0.30 per Unit. The Shares forming part of the Units, together with the Warrant Shares which are issuable upon the exercise of the Warrants, are a part of the common shares of the Company presently authorized. Copies of the constating con-stating documents of the Company describing the common shares and the rights of shareholders are available upon request.

Appears in 1 contract

Sources: Private Placement Subscription Agreement (Pulse Beverage Corp)

Description of the Units. The Company is issuing Units at a price of U.S. $0.02 0.50 per Unit. The Shares forming part of the Units, together with the Warrant Shares which are issuable upon the exercise of the Warrants, are a part of the common shares of the Company presently authorized. Copies of the constating documents of the Company describing the common shares and the rights of shareholders are available upon request.

Appears in 1 contract

Sources: Private Placement Subscription Agreement (Pulse Beverage Corp)

Description of the Units. The Company is issuing Units at a price of U.S. $0.02 1.00 per Unit. The Shares forming part of the Units, together with the Warrant Shares which are issuable upon the exercise of the Warrants, are a part of the common shares of the Company presently authorized. Copies of the constating documents of the Company describing the common shares and the rights of shareholders are available upon request.

Appears in 1 contract

Sources: Subscription Agreement (Lexington Resources Inc)

Description of the Units. The Company is issuing Units at a price of U.S. $0.02 0.10 per Unit. The Shares forming part of the Units, together with the Warrant Shares which are issuable upon the exercise of the Warrants, are a part of the common shares of the Company presently authorized. Copies of the constating documents of the Company describing the common shares and the rights of shareholders are available upon request.

Appears in 1 contract

Sources: Private Placement Subscription Agreement (Power Air Corp)

Description of the Units. The Company is issuing Units at a price of U.S. $0.02 0.15 per Unit. The Shares forming part of the Units, together with the Warrant Shares which are issuable upon the exercise of the Warrants, are a part of the common shares of the Company presently authorized. Copies of the constating documents of the Company describing the common shares and the rights of shareholders are available upon request.

Appears in 1 contract

Sources: Subscription Agreement (Zoro Mining Corp.)