Taipan will acquire the Interest in exchange for the issuance of such number of Taipan common shares as is equal to 50% of the outstanding Taipan common shares (the “Consideration Shares”) following completion of the Transaction (which is at arm’s length). http://www.taipanresources.com/news/august-10-2015-loi-to-quire-an-interest-in-block-2769-13-salam-pakistan The Doc.