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SHARE CAPITAL
3 Months Ended
Mar. 31, 2023
SHARE CAPITAL  
Share Capital

11. SHARE CAPITAL

 

Authorized and issued

 

The Company is authorized to issue an unlimited number of common shares, no par value.

 

The Company had the following significant common share transactions:

 

Three months ended March 31, 2023

 

OTHER ISSUANCES

 

On January 31, 2023, the Company entered into a settlement agreement with a third party pursuant to which the Company issued 325,000 common shares of the Company, valued at $0.1 million, to a third party to settle a legal dispute that arose in April 2019. See Note 14.

 

See Note 18 for subsequent issuance of shares.