Raise Offering:
An underwritten private placement offering of
3,937,000 common shares (the “
Common Shares”) in the capital of the Company (the “
Offering”). Holders of Common Shares are
entitled to dividends, if as and when declared by the board of directors of the Company, to one vote per Common Share at meetings of shareholders and, upon liquidation, to receive such assets of the Company as are distributable to holders of Common Shares.