Use this template to prepare an Offer to Purchase all of the issued and outstanding shares and other securities of a publicly owned corporation in a take-over bid, for use in Canada. Provisions of the offer include:

• The purchaser reserves the right not to proceed if the offer is not accepted by sufficient security holders to represent a majority of the common shares of the corporation.
  
• The purchaser is not obligated to proceed if any undisclosed action results in a material change to the corporation.
  
• The terms of the offer are for cash.
  
• If the purchaser acquires at least 90% of the outstanding securities, it will use any available statutory right of acquisition to acquire the remainder. Alternatively, it will propose an amalgamation or merger of the corporation with one of its affiliates, with the end result being that the corporation would no longer have any publicly held shares or securities convertible into shares.

This is a Canadian legal document in MS Word format.