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Warrant Indenture for Flow Through Shares | Canada

Tax Deductions. Canadian exploration and mining companies are able to issue flow through shares at a premium because investors are considered to be funding exploration and development costs and are therefore entitled to deduct these expenses from all other income. Tax deductions and credits which are normally available only to a corporation are allowed to flow through to the holders of the shares.
Warrants. Warrants are issued on a one-for-one basis, one warrant entitling the holder to purchase one common share of the corporation.
Changes in Share Structure. If the corporation's shares are subdivided or consolidated, the exercise price for the Warrants will be adjusted accordingly.
Trustee. The trustee is responsible for recording details of all warrants exercised, and accounting for all funds received for the purchase of flow through shares.
Supplemental Issues. The indenture contains provisions for supplemental indentures.
Jurisdiction. The Warrant Indenture for Flow Through Shares template can be used in any Canadian province or territory except for Quebec.

$31.99

This form of Agreement is typically used by Canadian land owners to give oil and gas companies vehicle access over private farm land in order to service their wells located on the rural property. Getting a signed contract in place beforehand ensures that your interests and your farm land are protected.
The party being granted access (the Grantee) agrees to comply with all municipal load limits and other regulations in place regarding use of the road.
The Grantee will repair any damage to the road caused by its workers, vehicles or equipment.
The Grantee will indemnify the land owner against any legal claims or expenses.
The Grantee must carry adequate liability insurance during the term of the Agreement.
The Access Agreement for Road Use is a Canadian legal document and can be used in most provinces and territories across Canada. A French language translation may be required for use in Quebec.

$14.99

The Board of Directors resolve to offer a specified number of flow-through shares to existing shareholders or new investors.
Funds raised will be used for the company's exploration program.
The second set of Resolutions authorizes the transfer of the flow-through shares from Treasury to the purchaser, after the share price has been received.
The company will 'flow through' to the shareholder certain tax deductions that are generated from the company's capital expenditure programs.
The Director's Resolution templates can be used by companies incorporated in any Canadian province or territory that has a Business Corporations Act.
Add the digital file to your cart, click the 'Check Out' button and pay for your purchase through our secure payment server. You can then download the form.

$6.29 $4.99

Use of Proceeds. Funds raised through the sale of the flow-shares will be used to finance the company's oil and gas exploration program.
Qualified Expenses. The issuing company covenants to incur expenditures which will qualify as Canadian exploration expenses or Canadian development expenses under the Income Tax Act (Canada).
Warranty. The issuer represents and warrants that the shares are flow-through shares, as defined by the Income Tax Act.
Flow-Through of Expenditures. The issuer will flow through the expenditures to the purchaser, and will file the prescribed forms with the Minister of National Revenue.
Indemnification. The issuer will indemnify and save the purchaser harmless from any income tax payable on the flow-through shares.
How to Obtain the Form. To download the Flow-Through Share Subscription Agreement, click the button to add it to your cart, then check out and pay for the form.

$17.99

Surface rights include all rights of ingress and egress, and the right to enter the property for purposes of exploring, developing and extracting oil, gas and/or minerals from the property.
The waiver does not exclude the lessee from exploring, developing and/or producing oil, gas and other minerals that may be produced from the property by pooling or by direction drilling under the property from well sites located on other property.
All current and subsequent mineral leases covering the property will be subject to the waiver.
The land owner and the lessee agree to mutually indemnify and hold each other harmless against claims and costs arising from a breach of the waiver agreement.
Available in MS Word format and fully editable.
Intended to be used only in the State of Texas.

$12.49

The assets are being transferred as a rollover under section 85(l) of the Income Tax Act (Canada).
The vendor and purchaser will jointly file an election with respect to the transaction.
In the event of an uncontested re-assessment by Canada Revenue Agency, the aggregate cost amount set out in the reassessment notice will constitute the cost amount of the assets.
This is a Canadian legal form. Downloadable and fully editable in MS Word format.

$17.99