DETERMINED ON THE DATE ON WHICH SUCH NOTICE IS GIVEN, AND SUCH
NOTICE SHALL BE GIVEN IN EACH CASE NOT LESS THAN 21 DAYS PRIOR TO THE APPLICABLE
RECORD DATE OR EFFECTIVE DATE, AS THE CASE MAY BE;
(F)
THE CORPORATION WILL NOT CLOSE ITS
TRANSFER BOOKS NOR TAKE ANY OTHER ACTION WHICH MIGHT DEPRIVE A WARRANTHOLDER OF
THE OPPORTUNITY OF EXERCISING THE RIGHT OF PURCHASE PURSUANT TO THE WARRANTS
HELD BY SUCH PERSON DURING THE PERIOD OF 21 DAYS AFTER THE GIVING OF A NOTICE
REQUIRED BY THIS SECTION 7.01 OR UNDULY RESTRICT SUCH OPPORTUNITY;
(G)
IF THE CORPORATION IS A PARTY TO ANY
TRANSACTION IN WHICH THE CORPORATION IS NOT THE CONTINUING CORPORATION, THE
CORPORATION SHALL USE COMMERCIALLY REASONABLE EFFORTS TO OBTAIN ALL CONSENTS
WHICH MAY BE NECESSARY OR APPROPRIATE UNDER CANADIAN LAW TO ENABLE THE
CONTINUING CORPORATION TO GIVE EFFECT TO THE WARRANTS;
(H)
IT WILL USE ITS COMMERCIALLY REASONABLE
EFFORTS TO OBTAIN AND MAINTAIN REPORTING ISSUER STATUS OR EQUIVALENT NOT IN
DEFAULT, AND NOT BE IN DEFAULT IN ANY MATERIAL RESPECT OF THE APPLICABLE
REQUIREMENTS OF, THE APPLICABLE SECURITIES LAWS OF EACH OF THE PROVINCES OF
CANADA AND THE FEDERAL SECURITIES LAWS OF THE UNITED STATES;
(I)
IF AT ANY TIME AFTER THE DATE OF ISSUE
OF THE WARRANTS NO REGISTRATION STATEMENT IS EFFECTIVE, THE CORPORATION WILL
GIVE NOTICE TO THE TRANSFER AGENT FORTHWITH AND WILL GIVE NOTICE, IN ACCORDANCE
WITH THE PROVISIONS SET OUT IN SECTION 12.01, AS SOON AS REASONABLY PRACTICABLE,
BUT IN ANY EVENT WITHIN 5 BUSINESS DAYS, AFTER LEARNING THAT NO REGISTRATION
STATEMENT IS EFFECTIVE. SUCH NOTICE MUST BE SENT BY FAX, IF POSSIBLE, TO ANY
SECURITIES DEPOSITARY THAT IS A REGISTERED HOLDER;
(J)
IT WILL USE ITS COMMERCIALLY REASONABLE
EFFORTS TO CAUSE THE REGISTRATION STATEMENT TO BECOME EFFECTIVE AND USE ITS
COMMERCIALLY REASONABLE EFFORTS TO KEEP THE REGISTRATION STATEMENT CONTINUOUSLY
EFFECTIVE FOR A PERIOD OF TIME THAT WILL TERMINATE NO EARLIER THAN THAT DATE ON
WHICH ALL WARRANTS HAVE BEEN EXERCISED OR UNTIL THE TIME OF EXPIRY;
27
(K)
IT WILL USE ITS COMMERCIALLY REASONABLE
EFFORTS TO CAUSE THE FINAL PROSPECTUS TO BE FILED AND A RECEIPT TO BE ISSUED FOR
THE FINAL PROSPECTUS IN THE QUALIFYING JURISDICTIONS;
(L)
IT WILL USE ITS COMMERCIALLY REASONABLE
EFFORTS TO HAVE THE COMMON SHARES LISTED AND POSTED FOR TRADING ON THE TSX AND
TO MAINTAIN SUCH LISTING UNTIL THE TIME OF EXPIRY;
(M)
IF, IN THE OPINION OF OUTSIDE COUNSEL, ANY
INSTRUMENT IS REQUIRED TO BE FILED WITH, OR ANY PERMISSION, ORDER OR RULING IS
REQUIRED TO BE OBTAINED FROM ANY SECURITIES ADMINISTRATOR, REGULATORY AGENCY OR
GOVERNMENTAL AUTHORITY IN CANADA OR THE UNITED STATES OR ANY OTHER STEP IS
REQUIRED UNDER ANY FEDERAL OR PROVINCIAL LAW OF CANADA OR ANY FEDERAL OR STATE
LAW OF THE UNITED STATES BEFORE THE COMMON SHARES ISSUABLE UPON EXERCISE OF THE
WARRANTS MAY BE ISSUED OR DELIVERED TO A WARRANTHOLDER, THE CORPORATION WILL USE
ITS REASONABLE EFFORTS TO FILE SUCH INSTRUMENT, OBTAIN SUCH PERMISSION, ORDER OR
RULING