Subscription Agreement for Flow-Through Shares (Canada)
Use this template to prepare a Subscription Agreement to purchase flow-through shares issued by a Canadian oil and gas company, with the proceeds to finance exploration. Key provisions include:
This Canadian flow-through shares subscription agreement is in MS Word format and is fully editable.
- The issuing corporation covenants to incur expenditures which will qualify as Canadian exploration expenses or Canadian development expenses under the Income Tax Act.
- The issuer represents and warrants that the shares are flow-through shares, as defined by the Act.
- The issuer will flow through the expenditures to the purchaser, and will file the prescribed forms with the Minister of National Revenue.
- The issuer will indemnify and save the purchaser harmless from any income tax payable on the flow-through shares.
This Canadian flow-through shares subscription agreement is in MS Word format and is fully editable.
File Details
| Price: | $15.00(CAD) |
| Document ID: | 303 |
| Downloads: | 19 |
| Date Added: | 2002-01-01 |
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