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Aristocrat Group Corp. Announces Appointment of Attorney and CPA Christopher Byrd to Board of Directors

Aristocrat Group Corp. Announces Appointment of Attorney and CPA Christopher Byrd to Board of Directors

HOUSTON, TEXAS - May 2, 2025 ( NEWMEDIAWIRE ) - Aristocrat Group Corp. (OTC: ASCC) is pleased to announce the appointment of Attorney Christopher Byrd, JD, MBA, CPA, to its Board of Directors. Mr. Byrd, an accomplished attorney and certified public accountant with over four decades of legal, financial, and risk management expertise, will also serve as a key advisor as the Company advances toward full reporting status and pursues uplisting to larger capital markets.
Mr. Byrd brings a distinguished academic and professional background to Aristocrat Group. He holds a Bachelor of Science in Accounting, cum laude (Oklahoma Christian University, 1979), a Doctor of Jurisprudence (Texas Tech University School of Law, 1984), and a Master of Business Administration, cum laude (Texas Tech University College of Business Administration, 1984). He has been a licensed attorney and member of the State Bar of Texas since 1985, a certified public accountant with the Oklahoma State Board of Public Accountancy since 1993, and a CPA licensed in Texas since 2016. In addition, he holds an Associate in Risk Management Certification earned in 1997.
Mr. Byrd's distinguished career includes being one of the three principal attorneys directly involved in the landmark merger between Valero Energy Corporation and Ultramar Diamond Shamrock. This pivotal transaction solidified Valero's position as one of the nation's leading refining and marketing companies, and underscores Mr. Byrd's expertise in navigating complex, high-stakes corporate transactions.
More about Mr. Byrd's extensive career can be found at https://chrisbyrdlaw.com/?page_id=652.
'I look forward to being a part of this venture,' said Mr. Byrd. 'This is an area of free enterprise in which I can draw from past experiences to help to advance to far-reaching prospects.'
Derek Sisson, CEO of Aristocrat Group Corp., commented: 'We are honored to welcome attorney Chris Byrd to our Board of Directors. His extensive legal expertise, deep commitment to ethical leadership, and proven track record in governance will be invaluable as we continue to grow and fulfill our mission.'
Mr. Byrd's dual qualifications as both a seasoned attorney and CPA bring significant advantages to Aristocrat Group Corp. His expertise ensures rigorous adherence to corporate governance standards, financial transparency, and full conformity with all applicable rules and regulations - essential qualities for a publicly traded company navigating complex regulatory landscapes. As Aristocrat Group advances toward full SEC reporting and prepares for uplisting to larger exchanges, Mr. Byrd's leadership will play a vital role in strengthening internal controls, enhancing shareholder confidence, and positioning the company for sustainable long-term growth.
With Chris Byrd's insight and guidance, Aristocrat Group reaffirms its commitment to transparency, compliance, and ethical business practices as it continues to expand its footprint and market presence.
About Aristocrat Group Corp.
The Aristocrat Group (OTC Markets: ASCC) has a long-standing reputation for excellence in the premium spirits market. Known for its forward-thinking approach to both tradition and innovation, the company continues to explore new opportunities that redefine luxury and quality in the beverage industry.
Forward-Looking Statements
Some of the statements contained in this presentation are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. These statements include all financial projections and any declarations regarding management's intents, beliefs or current expectations. In some cases, you can identify forward-looking statements terminology such as 'may,' 'will,' 'Should,' 'expects,' 'plans,' 'anticipates,' 'believes,' 'estimates,' 'predicts,' 'potential' or 'continue' or the negative of such terms or other comparable terminology. Any forward-looking statements are not guarantees of future performance, and actual results could differ materially from those indicated by the forward-looking statements.
Contact:
Derek Sisson
[email protected]

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Sometimes, the best business decision is to change businesses
Sometimes, the best business decision is to change businesses

Yahoo

time2 hours ago

  • Yahoo

Sometimes, the best business decision is to change businesses

A version of this post first appeared on When you use fundamental analysis to estimate the value of a stock, you have to make a lot of projections. How quickly will the sales grow? Will profit margins expand or contract? What will the company's capital structure look like, and where will interest rates go? Where will tax rates be in the future? If the projections you put into your valuation model are off, then the value you calculate will be off. Analysts call this phenomenon "garbage in, garbage out." To demonstrate how difficult this exercise is, let's try projecting the sales for A1 Widgets Corporation, a hypothetical company that's the worldwide leader in selling indestructible widgets. Based on A1's order book, sales for widgets will grow for exactly five years. In the fifth year, everyone in the world who will ever need a widget will have one. From there, there will be no more demand for widgets, and the widget factories will close. What will A1's sales look like after the fifth year? If you said $0, then you'd be wrong. Because A1's owners and management had the foresight to quietly gain a foothold in the emerging cloud infrastructure and AI technology businesses. As a result, the company will soon see more sales and growth than ever before. Earnings will eclipse what they made selling widgets. And the stock price will explode. No, this was not a trick question. There are countless examples of companies expanding into or outright pivoting to businesses that no one could've foreseen. Having a great product to sell isn't enough to have a business that'll generate a great return for shareholders for many years to come. You also must have stellar management with a killer instinct for allocating capital. Not only does management have to figure out how to sell the company's core product for growth and profitability, but they also have to be able to read the tea leaves and recognize when the tides of business are turning. Maybe the market for the product is saturated. Maybe the product is becoming obsolete. Maybe customer preferences are shifting with technological developments. Maybe there are other significant opportunities to pursue, and the company has both the finances and expertise to capitalize on them. Most companies continually make subtle adjustments that often go largely unnoticed. Some completely overhaul their business. Take Berkshire Hathaway, which was a textile company when Warren Buffett took over it in 1965. Not long after, Berkshire became an insurance company that also sold candy. Today, it's a diversified conglomerate selling everything from energy to airplane parts to underwear. And it has a massive stock portfolio generating market-beating returns. (I discussed Berkshire's culture of change in a recent appearance on Yahoo Finance.) Another famous example of a company that's undergone a total transformation is Netflix. The company defined change when it introduced DVD rentals by mail while many consumers were still walking the aisles of brick-and-mortar video stores. While it dominated the mail-based rental business, management quickly shifted its efforts and aggressively invested in streaming services and original content. In 2023, Netflix mailed its last DVD. The stock currently trades at an all-time high, with the company valued at over $500 billion. Last week, I was on Yahoo Finance's "Stocks in Translation" podcast with Jared Blikre and Sydnee Fried (video above). Jared brought up Apple, which generated $96 billion in sales from services. Here's what I said about Apple during our discussion: If we were having a conversation about valuations 25 years ago when Apple was only making desktop computers, [you would ask] how many computers can they sell before you hit a ceiling? And so if you're only thinking about investing in a company that only makes computers, then yeah, it might not make sense to pay a premium on the stock that you're buying. But if you can be a little bit more imaginative, and if you understand that this is a company that understands change and tweaks its business model as the world changes, and as it reaches a saturation point, then you can begin to imagine a path where a company can continue grow earnings like Apple has and turn into a multi-trillion dollar company. Apple's Mac computers account for less than a tenth of the company's sales. Meanwhile, phones, a category they didn't get into until 2007, account for about half of sales. Services account for about a quarter of sales. Acknowledging that your best product has matured and may be on a path to obsolescence is a tough pill to swallow. That said, once you've come to this realization, the hard part is likely just beginning. Those leading the change will inevitably be met with resistance, not just outside the company, but also inside the company, where many employees won't be ready to let go of the old way of doing things. Even assuming you have the full buy-in of the company, who knows if you're pivoting in the right direction? You very well could be trading one failing business for another that's doomed to go sideways. Of course, even the most successful companies have made many bets that have gone bad. The difference between companies that can and can't move past these failures is great risk management and the confidence of shareholders. But if you fail enough times, you'll eventually lose the faith of the shareholders. No one ever said any of this was easy. Every publicly traded company is doing everything it can to make sure earnings will grow, perhaps in a way that leads to market-beating returns in the company's stock price. But many disappoint. Unfortunately, there isn't a surefire way to identify winners consistently enough that you can build a portfolio that outperforms the market. One of the reasons for this is that over time, it's a minority of stocks with massive returns driving the market's performance. So, how can investors play this? Historically, one of the best moves has been to buy broadly diversified index funds like those tracking the S&P 500. While the diversification may limit your upside, it also makes it almost certain that you'll have exposure to the big winners, including the companies that successfully pivot their businesses in ways that create massive amounts of shareholder value. The evolution of many companies isn't too dissimilar from the ups and downs many of us face in our lives. As I recently shared with Joe Fahmy on his podcast, my entry to writing about markets was anything but planned and orderly. And over the span of my career, I experienced at least six major pay cuts, including one big one that occurred after I got laid off. Few of us are lucky enough to live a life where everything goes up and to the right in a smooth, straight line. But most of us are on a non-linear path, whether by choice or because of forces outside our control. The good news is that just because things don't go as planned doesn't mean we're doomed to spiral. Read enough biographies (and business case studies), and you'll eventually see that the most impressive people (and companies) were the ones who had to overcome many challenges by making big, unplanned changes. Just a thought. There were several notable data points and macroeconomic developments since our last review: 👍 Inflation cools. The Consumer Price Index (CPI) in May was up 2.4% from a year ago. Adjusted for food and energy prices, core CPI was up 2.8%, unchanged from the prior month's level. On a month-over-month basis, CPI and core CPI increased just 0.1%. If you annualize the three-month trend in the monthly figures — a reflection of the short-term trend in prices — core CPI climbed 1.7%. For more on inflation, read: 🎈and ✂️ 👍 Inflation expectations cooled. From the New York Fed's May Survey of Consumer Expectations: "Median inflation expectations decreased at all three horizons in May. One-year-ahead inflation expectations declined by 0.4 percentage point to 3.2%, three-year-ahead inflation expectations declined by 0.2 percentage point to 3.0%, and five-year-ahead inflation expectations declined by 0.1 percentage point to 2.6%." The introduction of new tariffs risks higher inflation. For more, read: 😬 👍 Consumer sentiment improves. From the University of Michigan's June Surveys of Consumers: "Consumer sentiment improved for the first time in six months, climbing 16% from last month but remaining about 20% below December 2024, when sentiment had exhibited a post-election bump. These trends were unanimous across the distributions of age, income, wealth, political party, and geographic region. Moreover, all five index components rose, with a particularly steep increase for short and long-run expected business conditions, consistent with a perceived easing of pressures from tariffs." Relatively weak consumer sentiment readings appear to contradict resilient consumer spending data. For more on this contradiction, read: 🙊 and 🛫 🤑 Wage growth is cool. According to the Atlanta Fed's wage growth tracker, the median hourly pay in May was up 4.3% from the prior year, unchanged from April's level. For more on why policymakers are watching wage growth, read: 📈 💼 Unemployment claims hold steady. Initial claims for unemployment benefits stood at 248,000 during the week ending June 7, unchanged from the week prior. This remains at a level historically associated with economic growth. For more context, read: 🏛️ and 💼 💳 Card spending data is holding up. From JPMorgan: "As of 06 Jun 2025, our Chase Consumer Card spending data (unadjusted) was 2.7% above the same day last year. Based on the Chase Consumer Card data through 06 Jun 2025, our estimate of the US Census May control measure of retail sales m/m is 0.45%." From BofA: "Total BAC card spending per HH was up 0.8% y/y in May. We forecast flat readings for both ex-auto & control group retail sales. Favorable seasonal factors offset a weak reading on m/m spending growth from the BAC card data." For more on consumer spending, read: 😵‍💫 and 🛍️ 🏠 Mortgage rates tick lower. According to Freddie Mac, the average 30-year fixed-rate mortgage declined to 6.84%, down from 6.85% last week. From Freddie Mac: "Mortgage rates have moved within a narrow range for the past few months and this week is no different. Rate stability, improving inventory and slower house price growth are an encouraging combination this National Homeownership Month." There are 147.8 million housing units in the U.S., of which 86.1 million are owner-occupied and about 34.1 million are mortgage-free. Of those carrying mortgage debt, almost all have fixed-rate mortgages, and most of those mortgages have rates that were locked in before rates surged from 2021 lows. All of this is to say: Most homeowners are not particularly sensitive to movements in home prices or mortgage rates. For more on mortgages and home prices, read: 😖 👍 Small business optimism improves. From the NFIB's May Small Business Optimism Index report: "Although optimism recovered slightly in May, uncertainty is still high among small business owners. While the economy will continue to stumble along until the major sources of uncertainty are resolved, owners reported more positive expectations on business conditions and sales growth." For more on the state of sentiment, read: 📊 and 😵‍💫 🍾 The entrepreneurial spirit remains elevated. From the Census Bureau: "Total U.S. Business Applications were 446,993 in May 2025, down 0.6% from April 2025." TKer is a small business that launched a little over three years ago. For more, read: 📈🎂 📦 Inventory levels are stable. Wholesale inventories increased 0.2% in April to $908.7 billion. The inventories/sales ratio held steady at 1.30. For more on why we're watching inventories, read: 🤷🏻‍♂️ 👋 Job switchers usually switch careers. From Indeed: "Between 2022 and 2024, about 2.6% of Indeed users switched to new jobs every month, and 64% of those job switchers also changed occupations." 🏢 Offices remain relatively empty. From Kastle Systems: "Peak day office occupancy was 64.2% on Tuesday last week, a new post-pandemic record high, up nearly four full points from the previous week. Washington, D.C. and Los Angeles experienced record high Tuesday occupancy, up 6.4 points to 64.1% and 5.2 points to 59.1%, respectively. The average low was on Friday at 35.5%, up nearly five full points from the previous week." For more on office occupancy, read: 🏢 📈 Near-term GDP growth estimates are tracking positive. The Atlanta Fed's GDPNow model sees real GDP growth rising at a 3.8% rate in Q2. For more on GDP and the economy, read: 📉 and 🚨 The Trump administration's pursuit of tariffs threatens to disrupt global trade, with significant implications for the U.S. economy, corporate earnings, and the stock market. Until we get more clarity, here's where things stand: Earnings look bullish: The long-term outlook for the stock market remains favorable, bolstered by expectations for years of earnings growth. And earnings are the most important driver of stock prices. Demand is positive: Demand for goods and services remains positive, supported by healthy consumer and business balance sheets. Job creation, while cooling, also remains positive, and the Federal Reserve — having resolved the inflation crisis — has shifted its focus toward supporting the labor market. But growth is cooling: While the economy remains healthy, growth has normalized from much hotter levels earlier in the cycle. The economy is less "coiled" these days as major tailwinds like excess job openings and core capex orders have faded. It has become harder to argue that growth is destiny. Actions speak louder than words: We are in an odd period, given that the hard economic data has decoupled from the soft sentiment-oriented data. Consumer and business sentiment has been relatively poor, even as tangible consumer and business activity continues to grow and trend at record levels. From an investor's perspective, what matters is that the hard economic data continues to hold up. Stocks are not the economy: Analysts expect the U.S. stock market could outperform the U.S. economy, thanks largely due to positive operating leverage. Since the pandemic, companies have adjusted their cost structures aggressively. This has come with strategic layoffs and investment in new equipment, including hardware powered by AI. These moves are resulting in positive operating leverage, which means a modest amount of sales growth — in the cooling economy — is translating to robust earnings growth. Mind the ever-present risks: Of course, this does not mean we should get complacent. There will always be risks to worry about — such as U.S. political uncertainty, geopolitical turmoil, energy price volatility, cyber attacks, etc. There are also the dreaded unknowns. Any of these risks can flare up and spark short-term volatility in the markets. Investing is never a smooth ride: There's also the harsh reality that economic recessions and bear markets are developments that all long-term investors should expect to experience as they build wealth in the markets. Always keep your stock market seat belts fastened. Think long-term: For now, there's no reason to believe there'll be a challenge that the economy and the markets won't be able to overcome over time. The long game remains undefeated, and it's a streak long-term investors can expect to continue. A version of this post first appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

New to The Street Episode #671 Airs Tonight on Bloomberg Television at 6:30 PM EST Featuring FLOKI, Arrive AI (NASDAQ: ARAI), Health In Tech (NASDAQ: HIT), Vita Bella, and NRX Pharmaceuticals (NASDAQ: NRXP)
New to The Street Episode #671 Airs Tonight on Bloomberg Television at 6:30 PM EST Featuring FLOKI, Arrive AI (NASDAQ: ARAI), Health In Tech (NASDAQ: HIT), Vita Bella, and NRX Pharmaceuticals (NASDAQ: NRXP)

Indianapolis Star

timea day ago

  • Indianapolis Star

New to The Street Episode #671 Airs Tonight on Bloomberg Television at 6:30 PM EST Featuring FLOKI, Arrive AI (NASDAQ: ARAI), Health In Tech (NASDAQ: HIT), Vita Bella, and NRX Pharmaceuticals (NASDAQ: NRXP)

This week's episode is sponsored by The Sustainable Green Team's Waterless Garden (OTC:SGTM) and PetVivo Holdings, Inc.'s (NASDAQ:PETV) innovative SPRYNG™ product. NEW YORK CITY, NY / ACCESS Newswire / June 14, 2025 / New to The Street, the nationally syndicated business television series known for spotlighting innovation across sectors, announces the premiere of Episode #671 airing tonight on Bloomberg Television at 6:30 PM EST. This week's broadcast features five dynamic companies making waves across blockchain, AI, health tech, wellness, and pharmaceutical sectors: FLOKI – The globally recognized crypto and blockchain brand building Web3 utility through its DeFi ecosystem. Arrive AI (NASDAQ:ARAI) – Developer of a patented smart mailbox delivery platform, leading last-mile logistics innovation with its autonomous, AI-powered systems. Health In Tech (NASDAQ:HIT) – A pioneer in digital underwriting and quote-to-card technology for health insurance, transforming how plans are built and priced. Vita Bella – A wellness brand that continues to expand its national presence through health-focused lifestyle offerings. NRX Pharmaceuticals (NASDAQ:NRXP) – A late-stage pharmaceutical company advancing treatments for CNS disorders and respiratory distress. This week's featured corporate sponsors include: The Sustainable Green Team (OTC:SGTM) and its revolutionary Waterless Garden initiative for drought-resistant, sustainable landscaping. PetVivo Holdings, Inc. (NASDAQ:PETV), showcasing continued progress with its SPRYNG™, a veterinary injectable device for treating osteoarthritis in companion animals. Upcoming Highlights: New to The Street has also wrapped filming this week with several prominent brands: GLINT Pay (Private) – A disruptive gold-as-money platform allowing real-time gold transactions. Lahontan Gold Corp. (TSX.V:LG / OTCQB:LGCXF) – Canadian gold exploration company with high-grade assets in Nevada. Greer Consulting Group – Providing strategic solutions across regulatory compliance, M&A, and executive strategy. Special Feature Segment: A culinary showcase from two of New York City's most iconic dining destinations – Black Barn and Hunt & Fish Club – blending luxury hospitality with the business of restaurant branding. Additionally, special segments fromIMG Academy, Skip Barber Racing School, and KITON will continue to roll out in the coming months as part of New to The Street's ongoing coverage of elite performance, luxury, and innovation. Quote from Vince Caruso, Creator and Executive Producer of New to The Street: 'We continue to be a destination for innovative and publicly traded companies ready to tell their story at scale. Tonight's show blends AI, healthcare, crypto, and wellness with real national TV exposure. We're proud to feature these brands and grateful to our show sponsors for helping amplify their messages.' About New to The Street Since 2009, New to The Street has become one of the most trusted platforms for public and private companies to share their stories. The show combines sponsored programming with earned media, enhanced by iconic outdoor campaigns, nationwide TV commercials, and non-deal roadshows that connect executives with top-tier investors and institutions. With weekly reach across 220 million linear TV households, a growing 2.65 million YouTube subscribers, and a robust social media presence exceeding 700,000 followers across LinkedIn, Facebook, Instagram, and X, New to The Street delivers unparalleled exposure and credibility in the business media space. For more information, visit SOURCE: New To The Street View the original press release on ACCESS Newswire

Atico Mining Announces Execution of Term Sheet with Trafigura to Restructure Outstanding Credit Facility
Atico Mining Announces Execution of Term Sheet with Trafigura to Restructure Outstanding Credit Facility

Business Upturn

time2 days ago

  • Business Upturn

Atico Mining Announces Execution of Term Sheet with Trafigura to Restructure Outstanding Credit Facility

By GlobeNewswire Published on June 14, 2025, 02:52 IST VANCOUVER, British Columbia, June 13, 2025 (GLOBE NEWSWIRE) — Atico Mining Corporation (the 'Company' or 'Atico') (TSX.V: ATY | OTC: ATCMF) announces that, further to its press release dated June 9, 2025, it has entered into a term sheet with Trafigura PTE. LTD. (the 'Trafigura') regarding an amendment and extension of the Company's existing secured credit agreement (the 'Credit Agreement') with Trafigura and certain subsidiaries of the Company, of which US$8.7 million remains outstanding (the 'Principal Amount'). Pursuant to the term sheet, the Principal Amount will be repaid in two instalments of US$2.7 million on July 25, 2025 and US$6 million on December 30, 2026. The outstanding Principal Amount will bear interest at a rate of SOFR plus 7.5%. In addition, the parties have agreed to an extension of the existing commercial concentrate purchase contract between the Company and Trafigura covering the purchase of 100% of the concentrate produced from the El Roble mine for two additional years, subject to a minimum tonnage of 32kdm per year. Closing of the transactions is subject to finalization of definitive documentation, which will contain customary representations, warranties, covenants and conditions precedent to closing, including approval of the TSX Venture Exchange, and is expected to occur on or before June 30, 2025. About Atico Mining Corporation Atico is a growth-oriented Company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company generates significant cash flow through the operation of the El Roble mine and is developing its high-grade La Plata VMS project in Ecuador. The Company is also pursuing additional acquisition of advanced stage opportunities. For more information, please visit ON BEHALF OF THE BOARD Fernando E. GanozaCEO Atico Mining Corporation Trading symbols: TSX.V: ATY | OTCQX: ATCMF Investor RelationsIgor Dutina Tel: +1.604.729.5765 Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward Looking Statements This news release contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively referred to herein as 'forward-looking statements'). These statements relate to future events or the Company's future performance. All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as 'plans', 'expects', 'anticipates', 'believes', 'estimates', 'expects', 'confirm' and similar expressions, or the negatives of such words and phrases, or state that certain actions, events or results 'may', 'could', 'would', 'should', 'might', or 'will' be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date hereof or as of the date specified in such statement. Specifically, this news release includes, but is not limited to, forward-looking statements regarding: the expected terms contained in the definitive documentation and the expected closing of the loan refinancing with Trafigura including the timing thereof. Inherent in forward-looking statements are risks, uncertainties and other factors beyond Atico's ability to predict or control. These risks, uncertainties and other factors include, but are not limited to, risks associated with the Company's outstanding debt, including amounts due and payable to each of Trafigura and Dundee Corporation ('Dundee') on or before June 30, 2025 and December 30, 2025, respectively, or the ability to successfully amend and extend the Credit Agreement and the convertible debenture with Dundee; the availability and cost of funds; uncertainties relating to the closing of the Trafigura loan refinancing, including delays in obtaining or failure to obtain required approvals to complete the Trafigura loan refinancing; mining operations; market fluctuations in commodity prices; title risks and surface rights and access; changes in legislation; political instability; government or regulatory approvals; non-compliance with laws and regulations and compliance costs; environmental compliance; climate change; uninsured and uninsurable risks; water disposal, tailings and reclamation obligations; financing risks; risks associated with outstanding debt; global economic conditions; availability and costs of supplies; community relations; mineral reserve and mineral resource estimates; future production rates; labour relations; currency fluctuations; the Company may engage in hedging activities; infrastructure; exploration and development capital expenditures; social media and reputation; negative publicity; human rights; business objectives; concentrate sales risks; shortage of personnel; health and safety; pandemics, epidemics or infectious disease outbreak; physical security; conflicts of interest; claims and legal proceedings; information systems and cyber security; internal controls; violation of anti-bribery or corruption laws; competition; tax considerations; compliance with listing standards; enforcement of civil liabilities; financing requirement risks; market price volatility of Common Shares; and other risks and uncertainties related to the Company's business and the Offerings, including those described in the Company's public disclosure documents on SEDAR+ at Readers are cautioned that the foregoing list of factors is not exhaustive of the factors that may affect the forward-looking statements. Actual results and developments are likely to differ and may differ materially from those expressed or implied by the forward-looking statements contained in this news release. Such statements are based on a number of assumptions which may prove to be incorrect, including but not limited to, (1) the successful completion of the Trafigura loan refinancing; (2) the Company's ability to generate positive cash flows from ongoing operations at the El Roble Mine, including the ability to sell its mineral concentrates in inventory; (3) that all required third party contractual, regulatory and governmental approvals will be obtained for the development, construction and production of the Company's properties, (4) there being no significant disruptions affecting operations, whether due to labor disruptions, supply disruptions, power disruptions, damage to equipment, non-renewal of title to the Company's claims or otherwise, (5) permitting, development, expansion and power supply proceeding on a basis consistent with the Company's current expectations, (6) currency exchange rates being approximately consistent with current levels, (7) certain price assumptions for copper, gold, zinc and silver, (8) prices for and availability of fuel oil, electricity, parts and equipment and other key supplies remaining consistent with current levels, (9) production forecasts meeting expectations, (10) the accuracy of the Company's current mineral resource and reserve estimates, (11) labor and materials costs increasing on a basis consistent with the Company's current expectations, (12) matters related to the ongoing dispute with the National Mining Agency in Colombia, and (13) general marketing, political, business and economic conditions. Forward-looking statements may be affected by known and unknown risks, uncertainties and other factors including without limitation, those referred to in the Offering Documents that may cause Atico's actual results, performance or achievements to be materially different from any of its future results, performance or achievements expressed or implied by forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise any forward-looking statements, whether as a result of new information or future events or otherwise, except as may be required by law. If Atico does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements, unless required by law. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

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