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Many of these claims for SRED and Exploration claims are based on % of government refund, not on hours spent. Contingency type fees.
Burgeonvest Bick uses National Bank, our buddy David, ex director runs it.
6.4
Liard Shares.
(a) Teck is the owner of 1,475,536 common shares of Liard (the “
Teck JV
Liard Shares
”). The Teck JV Liard Shares shall be held by Teck, or the
Operator as the case may be, as bare trustee and agent for the benefit of
the Parties in accordance with their Interests as determined in accordance
with this Agreement and are subject to this Agreement and form part of
the Assets.
(b) Copper Fox is the registered owner of 29,342 common shares of Liard
(the “
Copper Fox Non-JV Liard Shares ”). The Copper Fox Non-JV Liard
Shares are held by Copper Fox for its own benefit and, except as provided
in §6.5(c), are not subject to this Agreement and are not part of the
Assets.
(c) §24.2 governs acquisitions of any interest in securities of Liard by Teck or
Copper Fox from the date of this Agreement. In this Agreement, “
JV
Liard Shares
” refers to the Teck JV Liard Shares and any securities of
Liard contributed to the Joint Venture pursuant to §24.2 and any securities
or property that such securities might be converted or exchanged into as
part of a corporate action of Liard affecting all holders of common shares.
The shares representing the 78% interest in Liard Copper Mines Limited ("Liard") that are included in the Schaft Creek Joint Venture will be held in the name of Teck for the benefit of Copper Fox (25%) and Teck (75%). Liard holds a 30% net profits interest in the Schaft Creek property.
CUU also bought some shares directly from past shareholders of Laird, 1-2 % I forgot
looks like time to buy! I am going to increase my position. Buy and forget.
I lost a lot of $ on CCY so no kudos owing to me. I am playing LVN now. Glta