Investor Presentaiton slide image

Investor Presentaiton

Statutory Rights of Action (continued) ALPHA EXPLORATION d) e) in an action for damages, the defendant will not be liable for all or any portion of the damages that it proves do not represent the depreciation in value of the securities as a result of the misrepresentation relied upon; and in no case shall the amount recoverable exceed the price at which the securities were sold to the purchaser. Yukon, Northwest Territories and Nunavut In Yukon, the Securities Act (Yukon), in Nunavut, the Securities Act (Nunavut) and in the Northwest Territories, the Securities Act (Northwest Territories) provide a statutory right of action for damages or rescission to purchasers resident in Yukon, Nunavut and Northwest Territories respectively, in circumstances where this presentation or an amendment hereto contains a Misrepresentation, which rights are similar, but not identical, to the rights available to Ontario purchasers. Rights for Purchasers in British Columbia, Alberta and Québec The securities legislation of British Columbia and Québec do not provide or require an issuer to provide to purchasers resident in these jurisdictions any rights of action in circumstances where an offering memorandum contains a misrepresentation. The securities legislation of Alberta does not provide or require an issuer to provide to purchasers resident in that jurisdiction any rights of action in circumstances where an offering memorandum contains a misrepresentation and the "accredited investor" exemption is relied upon. 41 11
View entire presentation