Description of Common Shares of the Company

Contract Categories: Business Finance Stock Agreements
Summary

This document describes the rights and privileges of holders of the Company's common shares. Shareholders are entitled to vote at meetings, receive dividends when declared, and share in the company's assets if it is liquidated. There are no pre-emptive, conversion, or redemption rights associated with these shares. As of the report date, 123,752,011 common shares are issued and outstanding.

EX-4.01 2 vgz-20241231xex4d01.htm EX-4.01

Exhibit 4.01

DESCRIPTION OF COMMON SHARES

 

The Company is authorized to issue an unlimited number of Common Shares, without par value, of which 123,752,011 are issued and outstanding as at the date of this report.

Holders of Common Shares are entitled to receive notice of and to attend any meetings of shareholders of the Company and at any meetings of shareholders to one vote for each Common Share held, to receive dividends as and when declared by the directors of the Company and to receive a pro rata share of the assets of the Company available for distribution to the shareholders in the event of the liquidation, dissolution or winding-up of the Company. There are no pre-emptive, conversion or redemption rights attached to the Common Shares.