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Dating of prospectus

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Zentek Ltd. The Over-Allotment Option is exercisable, in whole or in part, by Eight, on behalf of the Underwriters, by giving written notice to the Company on or before a date that is not later than 30 days following the closing date and shall be exercisable to acquire Common Shares at the Offering Price. The net proceeds from the Offerings will be used for capital expenses, research and development, acceleration of business growth opportunities and working capital. Closing of the Offering is expected to occur on or about December 8, and is subject to regulatory approval, including that of the TSX Venture Exchange. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

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Prospectus Offering FAQs

CORPORATIONS ACT - SECT 9 Dictionary

Provided that until the Securities and Exchange Board specifies the information and reports on financial information under this sub-section, the regulations made by the Securities and Exchange Board under the Securities and Exchange Board of India Act, , in respect of such financial information or reports on financial information shall apply. Companies Prospectus and Allotment of Securities Rules, Prior to omission it read as under:. E any litigation or legal action pending or taken by a Government Department or a statutory body during the last five years immediately preceding the year of the issue of prospectus against the promoter of the company;. Provided that in case of a company with respect to which a period of five years has not elapsed from the date of incorporation, the prospectus shall set out in such manner as may be prescribed, the reports relating to profits and losses for each of the financial years immediately preceding the financial year of the issue of prospectus including such reports of its subsidiaries;. Provided that in case of a company with respect to which a period of five years has not elapsed from the date of incorporation, the prospectus shall set out in the prescribed manner, the reports made by the auditors upon the profits and losses of the business of the company for all financial years from the date of its incorporation, and assets and liabilities of its business on the last date before the issue of prospectus; and.

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s111: Conditional allotment if prospectus states securities to be listed

Dating of prospectus and particulars to be contained therein Section of the Companies Act, :. Provided that points 1 , 2 and 3 of point a above shall not apply in the case of a prospectus issued more than 2 years after the date at which the company is entitled to commence business. Exception: If it is shown that the form of application was issued in connection with a bona fide invitation to a person to enter into an underwriting agreement with respect to securities.

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Filing an AIF meets one of the qualification criteria for filing a short form prospectus. The issuer needs to ensure it meets all qualification criteria in order to file a short form prospectus. The timelines for review periods for prospectus and pre-filing waiver applications are set out under National Policy Process for Prospectus Review in Multiple Jurisdictions. For novel issues, issuers are recommended to make a pre-filing under Part 8 of NP to ensure that the novel issue is considered prior to the prospectus filing to avoid delays during the prospectus review process. There is no fee for prospectus pre-filings that do not relate to a waiver application.