Flow-through basis

Flow-through basis

An account for an investment credit to show all income statement benefits of the credit in the year of acquisition, rather than spreading them over the life of the asset.
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( Amex or the Corporation ) is pleased to announce that it has closed a non-brokered private placement consisting of (i) 667,000 common shares of the Corporation issued on a flow?through basis at an issue price of $0.25 per Flow?Through Share, and (ii) 75,500 common shares of the Corporation issued on a non flow-through basis at an issue price of $0.20 per Common Share, each non flow thru share comprise one common share purchase warrant entitling the holder thereof to acquire one additional common share of Amex at $0.25 per share for a period of 18 months following the closing date for aggregate gross proceeds to the Corporation of $ 181,850.
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