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In addition, the Company may issue up to an additional 7,, common shares of the Company upon the achievement of certain milestones the ” Performance Shares “. The Payment Shares and Performance Shares, if any, will not be subject to any hold periods under applicable securities laws. The Finders’ Shares will be subject to a four month and one day hold period under applicable securities laws. There can be no guarantees that the Proposed Transaction will be completed as contemplated or at all.
Stuhini is also reserving a 1. Brixton is an arm’s length party to the Company and no finder’s fees will be payable in connection with the transaction. For Stuhini, it allows us to both recoup our exploration expenses incurred thus far at the Metla Project and to participate in the continued development of the Metla Project and any upside in Brixton shares. This way Stuhini can concentrate on our more cost—efficient road-accessible exploration programs at our Ruby Creek and Que Projects.
For Brixton, this acquisition brings them closer to their objective of consolidating the entire trend, with their existing camp and airstrip at their nearby Thorn Project allowing them to advance the Metla Project in a much more cost-effective manner. This news release contains “forward-looking statements” within the meaning of Canadian securities legislation. Such forward—looking statements concern the sale of the Metla property and the share and cash consideration and royalty to be received.
Such forward—looking statements or information are based on a number of assumptions which may prove to be incorrect. Assumptions have been made regarding, among other things, conditions in general economic and financial markets, receipt of any and all necessary regulatory, governmental and corporate approvals, and Brixton’s financial condition. The actual results could differ materially from those anticipated in these forward—looking statements as a result of risk factors, including the availability of funds and general market and industry conditions.
Forward—looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made.
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The series follows an ensemble cast of friends who live in West Hollywood , California ; it featured American television’s first ensemble cast depicting homosexual, bisexual and transgender people. The series theme song was performed by the band Betty. The L Word was co-created by Ilene Chaiken , Michele Abbot, and Kathy Greenberg; Chaiken served as the primary creator and executive director of the series, as well as a writer and director.
The series premiered on Showtime on January 18, and ran for a total of six seasons, airing its finale on March 8, Contemporary use of the phrase “the L word” as an alias for lesbian dates to at least the play My Blue Heaven by Jane Chambers , in which a character stammers out: “You’re really? The L-word? Lord God, I never met one before. The original code-name for The L Word was Earthlings , a rarely used slang term for lesbians.
In season 4, Alice launches The Chart as a social networking service. Concurrently, a real-world parallel project OurChart. The season introduces Bette Porter and Tina Kennard , a couple in a seven-year relationship attempting to have a child; Marina Ferrer , owner of the local cafe The Planet; Jenny Schecter , who has recently moved to Los Angeles to live with her boyfriend Tim Haspell ; Shane McCutcheon , an androgynous, highly sexual hairstylist; Alice Pieszecki , a bisexual journalist who maintains The Chart; Dana Fairbanks , a closeted professional tennis player; and Kit Porter , Bette’s straight half-sister.
The season introduces Carmen de la Pica Morales , a DJ who becomes part of a love triangle with Shane and Jenny; Helena Peabody , a wealthy art patron who becomes a rival to Bette and love interest to Tina while she and Bette are separated.
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