| “B” units |
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| Ø | 500
000 “B” units at a price of 45¢ per unit |
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| Ø | “B” units consist of one flow through
share (25¢), one |
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| non-flow
through share (20¢) and one warrant at 40¢ |
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| per
share exercised by the earlier of 2 years after the |
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| date
of issue or 1 year after the date the corporation |
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| becomes
a reporting issuer |
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| Ø | minimum
investment for “B” units is $2 250 (10 000 |
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| shares) |
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