Warrant Indenture for Flow-Through Shares (Canada) ($25.00)

Prepare a Warrant Indenture between a corporation and a trustee, providing for the issuance of share purchase warrants for flow-through common shares in a Canadian oil and gas company. Provisions of the document include:


  • 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 corporations 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 moneys received for the purchase of shares.
  • The indenture contains provisions for supplemental indentures.

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.

This is a Canadian legal document, in MS Word format, and is easy to download, fill in and print.

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