The founding securityholders must agree not to transfer any of their founding securities prior to the completion of a qualifying acquisition.

18 months after the listing date the remaining founding securities

6 months after the listing date 1/3 of the remaining founding securities

12 months after the listing date 1/2 of the remaining founding securities

Section 624(m) in respect of the prohibition on the issuance of shares with greater voting rights than any listed shares for the issuance of the founding securities.

On the date issuer's securities are listed on TSX (the listing date) 1/10 of the founding securities