Company: GNTOF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001062993-25-008252
Chunk: 41

Company: GENTOR RESOURCES INC.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 10
Chunk 41
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 more than 5% of that class of stock. There can be no assurance that the Common Shares will satisfy the Regularly Traded Exception at any particular point in the future.

The Company does not believe that it is currently a USRPHC for U. S. federal income tax purposes, though it could become a USRPHC in the future. Non-U. S. Holders are urged to consult with their own tax advisors regarding the consequences if the Company is, has been or will be a USRPHC.

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Information Reporting and Withholding

Generally, the Company must report annually to the IRS and to non-U. S. Holders the amount of dividends paid to non-U. S. Holders and the amount of tax, if any, withheld with respect to those payments. Copies of the information returns reporting such dividends and withholding may also be made available to the tax authorities in the country in which a non-U. S. Holder resides under the provisions of an applicable income tax treaty.

In general, a non-U. S. Holder will not be subject to backup withholding with respect to payments of dividends paid, provided the Company receives a statement meeting certain requirements to the effect that the non-U. S. Holder is not a U. S. person and that the Company does not have actual knowledge or reason to know that the holder is a U. S. person, as defined under the Code, that is not an exempt recipient. The requirements for the statement will be met if (i) the non-U. S. Holder provides its name and address and certifies, under penalty of perjury, that it is not a U. S. person (which certification may be made on IRS Form W-8BEN or W-8BEN-E) or (ii) a financial institution holding the instrument on behalf of the non-U. S. Holder certifies, under penalty of perjury, that such statement has been received by it and furnishes the Company or its paying agent with a copy of the statement. In addition, a non-U. S. Holder will be subject to information reporting and, depending on the circumstances, backup withholding with respect to payments of the proceeds of a sale of Common Shares within the U. S. or conducted through certain U. S.-related financial intermediaries, unless the statement described above has been received, and the Company does not have actual knowledge or reason to know that a holder is a U. S. person, as defined under the Code, or