Common use of Over-Allotment Clause in Contracts

Over-Allotment. At the option of the Agents, for a period of 30 days from the closing of the Offering, the size of the Offering may be increased by up to 15%. Use of Proceeds: Proceeds will be used to develop the Company’s Mexican and South American projects.

Appears in 2 contracts

Sources: Subscription Agreement (Paramount Gold Mining Corp.), Subscription Agreement (Paramount Gold Mining Corp.)