Use this template to prepare a Director's Resolution transferring flow-through shares in a Canadian oil and gas company from the company's treasury to a shareholder / investor who has subscribed and paid for the shares.

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 shares transfer resolution is in MS Word format and is fully editable.