Canada Warrant Indenture Issuing Flow Through Shares

Issue share purchase warrants for flow through common shares in a Canadian oil and gas company under the terms of this comprehensive Warrant Indenture.

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, normally available only to a corporation, are given to the holders of the flow through shares.
Warrants are issued on a one-for-one basis, one warrant entitling the holder to purchase one common share of the corporation.
If the corporation's shares are subdivided or consolidated, the exercise price for the Warrants will be adjusted accordingly.
The trustee is responsible for recording details of all warrants exercised, and accounting for all funds received for the purchase of shares.
The indenture contains provisions for supplemental indentures.

This Canada Warrant Indenture for Flow Through Shares is provided in MS Word format, and is fully editable to meet your needs.