Directors Resolution re Flow-Through Share Purchase (Canada)

Use this template to prepare a Director's Resolution for a Canadian oil and gas company to make an offer to purchase flow-through shares to a shareholder / investor. Flow-through shares are called that because the company agrees to "flow through" to the purchasers of these shares certain tax deductions that are generated from the company's capital expenditure programs. This Canadian flow-through share purchase form is in MS Word format and is fully editable.