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15 hours ago
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AGI Announces Filing of Final Prospectus
The final short form prospectus is accessible through SEDAR+ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES WINNIPEG, Manitoba, June 04, 2025--(BUSINESS WIRE)--Ag Growth International Inc. (TSX: AFN) ("AGI" or the "Company") is pleased to announce today that it has filed, and obtained a receipt for, a final short form prospectus (the "Prospectus") in each of the provinces of Canada, other than Québec, with respect to the previously announced bought deal offering of $85 million principal amount of 7.50% senior subordinated unsecured debentures (the "Offering") through a syndicate of underwriters (the "Underwriters") led by CIBC Capital Markets. The Company has also granted the Underwriters an option to purchase up to an additional $12.75 million aggregate principal amount of Debentures, on the same terms and conditions, exercisable in whole or in part, from time to time, up to 30 days following the closing of the Offering. Access to the Prospectus and any amendment thereto is provided in accordance with securities legislation relating to procedures for providing access to a prospectus and any amendment thereto. The Prospectus and any amendment thereto is accessible on SEDAR+ at An electronic or paper copy of the Prospectus and any amendment thereto may be obtained, without charge, by contacting CIBC Capital Markets at 161 Bay Street, 5th Floor, Toronto, ON M5J 2S8, by phone at (416) 956-6378 or by email at by providing the contact with an email address or address, as applicable. Prospective investors should read the Prospectus in its entirety before making an investment decision. The closing of the Offering is expected to occur on June 9, 2025, subject to customary closing conditions. AGI Company Profile AGI is a provider of the equipment and solutions required to support the efficient storage, transport, and processing of food globally. AGI has manufacturing facilities in Canada, the United States, Brazil, India, France, and Italy and distributes its product worldwide. This press release is not an offer of Debentures for sale in the United States. The Debentures may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended, or an exemption from such registration. The Company has not registered and will not register the Debentures under the U.S. Securities Act of 1933, as amended. The Company does not intend to engage in a public offering of Debentures in the United States. This press release shall not constitute an offer to sell, nor shall there be any sale of, the Debentures in any jurisdiction in which such offer, solicitation or sale would be unlawful. FORWARD LOOKING STATEMENTS This press release contains certain forward–looking information and statements within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the forgoing, this press release contains statements concerning the over-allotment option and the closing date of the Offering. Although AGI believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because AGI can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward-looking statements contained in this press release are made as of the date hereof and AGI undertakes no obligations to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. View source version on Contacts For More Information Contact: Andrew JacklinSr. Director, Investor Relations+1-437-335-1630investor-relations@ 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
Yahoo
2 days ago
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Maxim Power Corp. Announces Annual General and Special Meeting Election Results
CALGARY, Alberta, June 03, 2025 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the final director election results from its 2025 annual general and special meeting of shareholders held on June 3, 2025 (the 'Meeting'). A ballot was conducted at the Meeting with respect to the election of the directors to hold office until the next annual meeting of shareholders. According to the proxies received and ballots cast, the following directors were elected at the Meeting to hold office until the next annual meeting of shareholders or until their successors are elected or appointed, unless such office is earlier vacated in accordance with the by-laws of the Corporation: Nominee # Votes For % Votes For # Votes Withheld % Votes Withheld Wiley D. Auch 53,013,949 99.71 155,012 0.29 M. Bruce Chernoff 52,801,483 99.31 367,478 0.69 Michael Mayder 53,156,449 99.98 12,512 0.02 Brad Wall 53,013,619 99.71 155,342 0.29 Andrea Whyte 53,012,949 99.71 156,012 0.29 W. Brett Wilson 52,801,173 99.31 367,788 0.69 In addition to the foregoing, all unallocated stock options issuable pursuant to the Corporation's Stock Option Plan were approved and authorized at the Meeting until June 3, 2028, as described in the Information Circular of the Corporation dated April 21, 2025. The results of the vote by way of ballot were as follows: Votes For % Votes For Votes Against % of Votes Against 52,443,680 98.64 725,281 1.36 Shareholders were also asked to consider and, if thought fit, approve an ordinary resolution to confirm the amended and restated By-Law No.1 of the Corporation, as described in the Information Circular of the Corporation dated April 21, 2025. The results of the vote by way of ballot were as follows: Votes For % Votes For Votes Against % of Votes Against 53,162,046 99.99 6,915 0.01 For complete voting results with respect to the Meeting, please see MAXIM's Report of Voting Results which will be available shortly under the Corporation's profile on SEDAR+ at About MAXIM Based in Calgary, Alberta, MAXIM is one of Canada's largest truly independent power producers. MAXIM is now focused entirely on power projects in Alberta. Its core asset – the 300 MW H.R. Milner Plant, M2, in Grande Cache, AB – is a state-of-the-art combined cycle gas-fired power plant that commissioned in Q4, 2023. MAXIM continues to explore additional development options in Alberta including its currently permitted gas-fired generation project and the permitting of its wind power generation project. MAXIM trades on the TSX under the symbol 'MXG'. For more information about MAXIM, visit our website at For further information please contact: Bob Emmott, President and CEO, (403) 263-3021 Kyle Mitton, CFO and Vice President, Corporate Development, (403) 263-3021 Statements in this release which describe MAXIM's intentions, expectations or predictions, or which relate to matters that are not historical facts are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties which may cause the actual results, performances or achievements of MAXIM to be materially different from any future results, performances or achievements expressed in or implied by such forward-looking statements. MAXIM may update or revise any forward-looking statements, whether as a result of new information, future events or changing market and business conditions and will update such forward-looking statements as required pursuant to applicable securities laws.
Yahoo
6 days ago
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Early Warning Report Issued Pursuant to National Instrument 62-103 in Connection with the Closing of the Private Placement of NXT Energy Solutions Inc
Calgary, Alberta--(Newsfile Corp. - May 30, 2025) - Ataraxia Capital ("Ataraxia"), announces that it has filed an early warning report (the "Early Warning Report") under National Instrument 62-103 — The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the conversion ("Conversion") of US$2,300,000 secured convertible debentures ("Convertible Debentures") of NXT Energy Solutions Inc. (the "Company") into common shares ("Shares") of the Company. Ataraxia had acquired Convertible Debentures pursuant to private placements (the "Private Placements") conducted on (i) May 31, 2023 in respect of US$1,200,000 principal amount of Convertible Debentures having a conversion price of US$0.143 per Share, (ii) July 10, 2023 in respect of US$200,000 principal amount of Convertible Debentures having a conversion price of US$0.143 per Share, (iii) October 30, 2024 in respect of US$500,000 principal amount of Convertible Debentures having a conversion price of US$0.24 per Share, and (iv) November 12, 2024 in respect of US$400,000 principal amount of Convertible Debentures having a conversion price of US$0.24 per Share. Immediately prior to the Conversion, Ataraxia did not hold any Shares, but assuming conversion of all of the Convertible Debentures, Ataraxia would have held 13,540,208 Shares of the Company representing 14.6% of the outstanding Shares. Accordingly, upon completion of the Conversion, Ataraxia now holds 13,540,208 Shares representing 14.6% of the outstanding Shares. Ataraxia has the right to nominate one (1) director to the board of the Company so long as Ataraxia holds at least 5% of the Shares. Ataraxia may acquire additional securities of the Company, dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold its current position, depending on market conditions and other relevant factors. A copy of the Early Warning Report filed by Ataraxia will be available under the Company's profile on SEDAR+ at Contact Information Ataraxia CapitalDr. Daere Akobo Phone: +234 9060005335 To view the source version of this press release, please visit 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
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6 days ago
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Mundoro Reports Q1-2025 Financial Results and Progress on Exploration Programs
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) ( ("Mundoro" or the "Company") announces the operating and financial results for the quarter ended March 31, 2025. The Financial Statements and Management's Discussion and Analysis (MD&A) for Q1-2025 are filed on SEDAR+, and are available on Mundoro's website under the heading Investors. All amounts are expressed in Canadian dollars unless otherwise indicated. Q1-2025 Financial Summary Cash Position: As of March 31, 2025, the Company held $5.2 million in cash and cash equivalents and no long-term debt. The working capital for the company is $1.9 million. Fees Earned: The Company's fee income, which includes interest, operator fees, option payments, and miscellaneous income, decreased to an aggregate of $740,392 in Q1-2025 compared to $790,957 in Q1-2024, primarily due to a reduction in management fees received resulting from fewer partner-funded programs. Exploration and Project Evaluation Expenditures: The exploration expenditures, the majority of which are sole-funded by partners, were lower at $1,759,690 in Q1-2025 compared to $2,637,541 in Q1-2024 primarily due to a decrease in the number of partner-funded budgeted exploration work programs. Recoveries from option partners in Q1-2025 were $1,451,815 compared to $2,584,073 in Q1-2024, resulting in net exploration costs of $307,875 in Q1-2025 and $53,468 in Q1-2024. Corporate Expenses: Corporate expenses in Q1-2025 were $296,732 compared to $267,522 in Q1-2024, representing an increase of $29,210 or approximately 9%. The change primarily reflects timing differences related to the accrual of 2025 audit fees. Net Income: For the quarter ended March 31, 2025, the Company recorded a net income of $451 ($0.00 per share), compared to a net income of $436,265 ($0.00 per share) for the quarter ended March 31, 2024. Q1-2025 Exploration Summary and Exploration Plans BHP-Mundoro Projects, Serbia Borsko Passive Seismic and Ground AMT Survey Completed: Fieldwork for a passive seismic survey was completed. The final report and subsequent 3D inversion model were received in Q1-2025. This geophysical technique provides an additional layer of subsurface data for target refinement. Additionally, a ground AMT survey was completed. The 3D inversion model from BHP is expected to be completed in Q2-2025. Green Rock Analysis: Fifty samples were selected for Green Rock analysis. This analysis will provide additional geochemical data for refining targeting. The geochemical results from the study were received in Q2-2025 with additional targeting in mid 2025. Optimizing Drill Locations for Porphyry Source Testing: The exploration team analyzed all available data to determine optimal drill locations, identifying a new target area in the NW part of the license. Exploration Plans: Drill Program Planning Drill Program Planning: Exploration plans for Q2-2025 prioritize preparation for commencing drilling at NW target area, as well as additional targeting and comprehensive planning for future drilling. New Targeting: Additional targeting initiatives are also planned for completion in H2-2025. Trstenik Central Target Area Mapping: Mapping in the central target area was completed, focusing on new road cuts, intrusive outcrops and delineation by the geophysical models anomalies. This mapping enhanced geological understanding by documenting exposed alteration and mineralization, quartz veining systems, and structural controls on potential mineralization at depth, as well as connecting the geophysical anomalies to geological objects. Structural Analysis and Data Interpretation: Structural analysis and comprehensive data interpretation took place in Q1-2025. This integrated analysis will guide further exploration planning and target refinement for the remainder of 2025. Exploration Plans: Drill Program Planning North-Central Target Area Drill Program: The delay in receiving forestry permit approval, for the north-central target area drill program, has delayed the start of the drill program from Q4-2024 to 2025. Although the forestry permit approval is understood to be in the final stages, final timing for approval is unknown. Upon approval of the required forestry permits related to drilling, execution of the drill program in the north-central target area is a key priority for H1-2025, representing a step forward in the project's exploration. South Timok During Q1-2025, structural interpretations were completed across the Vitanovac, Ponor, Lipovica, and Orlovac license areas. This work aimed to integrate geophysical data to define key structural features potentially linked to mineralization. Concurrently, additional geophysical fieldwork advanced, with ground Audio-Magnetotelluric (AMT) infill surveys completed at Lipovica and Orlovac, and a ground gravity survey commenced at Orlovac to help identify potential targets in covered terrains. Mundoro Owned Projects, Serbia Serbia: Mundoro holds approximately 419 sq km of exploration licenses in Serbia, primarily within the prolific Timok Magmatic Complex (TMC), known for significant copper-gold deposits like Bor, Majdanpek, and Cukaru Peki. The area benefits from established infrastructure. In Q1-2025, the Company' primary objective was to advance the targeting work to clearly demonstrate the value of these licenses to third-party mining companies. The Company is progressing discussions with third party mining companies in order to potentially option this package of licenses. JOGMEC-Mundoro Project, Bulgaria The JOGMEC-Mundoro EE1 copper project in Bulgaria is prospective for sediment-hosted stratiform copper. JOGMEC completed Stage One earn-in (Q3-2022), and exploration work has been conducted. While drill locations were submitted for permitting and a positive Appropriate Assessment was initially received, objections filed in court delayed the process. Although the courts terminated the objections in Q1-2025, an appeal has been filed, further prolonging permitting and delaying the planned 1,800-meter drill program. Scheduling and commencement of this program remain dependent on the final resolution of the permitting process and receipt of all government approvals. Mundoro Owned Projects, USA Dos Cabezas Project — Arizona: Advancing Porphyry Copper Targets: Mundoro's 100%-owned Dos Cabezas Project, available for joint venture, covers approximately 61 sq km in Southeast Arizona's Laramide magmatic arc. Situated 150 km east of Tucson, and south of the Safford district, exploration has defined six targets: four with surface porphyry copper signatures and two representing potential covered centers in the pediments. Q1-2025 activities included submitting samples for geochronology (confirming Laramide ages, with further results expected Q3-2025), conducting partner site visits, performing fieldwork at the Elma target, and refining the Mescal Canyon geological model with 2023 drill data. Copperopolis Project — Arizona: Generative Fieldwork and Target Generation: Located in Yuvapi County, northwest Arizona, the Copperopolis Property features historic high-grade Au-Cu veins and is considered prospective for deeper Laramide-age porphyry systems, with a target identified near the San Juan Mine. Completed work includes historic vein evaluation, detailed mapping at San Juan (identifying NE-trending dikes, breccias, and weak-to-moderate porphyry-style alteration), and high-resolution drone imagery. Q1-2025 saw a BLEG geochemical survey (results expected Q2-2025), detailed mapping confirming a sheeted dike complex, and geochronology (U-Pb results Q2-2025 consistent with nearby operating mines). Picacho Project — Arizona: Unlocking Covered Porphyry Potential: The Picacho Project, wholly owned by Mundoro and available for partnership, encompasses a 105 sq km land package (State Permits and Federal Claims) in central Arizona. It is strategically located within a cluster of major porphyry copper deposits. Exploration efforts have identified three covered target areas, either untested or only partially tested, indicating potential for concealed porphyry systems. In Q1-2025, geochronology work was undertaken, with results received in Q2-2025 confirming a Laramide age (68Ma) for a key igneous unit, consistent with the regional mineralizing events. Generative Programs: Mundoro is actively evaluating new opportunities: Serbia: Evaluating areas in Cretaceous and Tertiary Belts. USA: Targeting copper in Arizona's Laramide Belt and other Western US belts. Global: Evaluated three additional geological belts, focusing on copper. Qualified Persons The scientific and technical information described in this Press Release has been prepared in accordance with National Instrument 43-101. The scientific and technical information for this press release has been reviewed and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and Chief Geologist to the Company. About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals. To drive value for shareholders, Mundoro's asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners. The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. Follow Mundoro's weekly updates from the field on: LinkedIn and X @Mundoro For further information about Mundoro, please contact Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055, or Shamil Devji, Investor Relations Manager at +1-604-669-8055. You can also visit Mundoro's website Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward-looking statements in this News Release include expectations as to the mineral potential of the Company's projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward-looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit 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
Yahoo
7 days ago
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Royalties Inc. Reports Q1 Results For March 31, 2025 and Update on Capstone Lawsuit
Toronto, Ontario--(Newsfile Corp. - May 29, 2025) - Royalties Inc. (CSE: RI) (OTC Pink: ROYIF) (or "the Company") reports its results for the first quarter ended March 31, 2025. This news release should be read in conjunction with the Company's unaudited financial statements and the associated management's discussion and analysis (MD&A) for the year ended March 31, 2025 which are available on the Company's website at or under the Company's profile on SEDAR+ at Recent Activities On January 13, 2025, the Company completed a non-brokered private placement with directors and officers for 5,280,000 shares at $0.03 per share for net proceeds totaling $158,400, and 720,000 shares at $0.03 per share as debt settlement totaling $21,600 in respect of a fee paid for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). DTC eligibility was approved on April 3, 2025 which is expected to simplify the process of trading and enhance the liquidity of common shares in the United States. Note that 3,650,000 share options exercisable $0.06 per share are expiring June 4, 2025. Capstone Lawsuit Update Since 2020, Royalties Inc. has been in a dispute with Capstone Copper Corp., ("Capstone") over the ownership of a 2% NSR on five concessions called the Portree claims, established in 2002, that are now part of the Cozamin Mine in Zacatecas, operated by Capstone. The company filed lawsuits in Mexico against Capstone in 2021. On April 9, 2025 the company's 88% owned subsidiary, the lawyers for Minera Portree de Zacatecas S.A. de C.V. ("MPZ") filed the final arguments with the court in Zacatecas, Mexico in the lawsuit against Raul Gonzalez Anaya and Capstone Gold S.A. de C.V. to invalidate their contract assigning the 2% NSR, without the knowledge or consent of the rightful and longstanding owner, which is MPZ. On May 12, 2025, the case was officially forwarded to the Judge to render a decision which is expected to be made in the month of June. Capstone initially reported that mining started within the Portree claim in the fourth quarter of 2019. In anticipation of the successful resolution of the dispute, the assertion is that Capstone owes the Company a 2% NSR on the ore mined from the Portree portion over the last 5 years, which the Company estimates is 30% of the Mala Noche Footwall Zone ("MNFZ") based on the assumption of the proportion of the surface linear strike of 1.5 km of the MNFZ, the area which represents almost all of the production at the Cozamin Mine, according to Capstone. In 2024, Capstone paid US$4.4 million in royalties on US$234 million of net revenues for an average 1.9% NSR paid to two royalty holders. Royalties of US$3.2 million were paid to Grupo Minera Bacis S.A. de C.V. ("Bacis") under the terms of a December 2003 agreement where a 3% NSR is paid on production from the property covered by the agreement, which the Company estimates as about one third or 500 meters of the MNFZ. Royalties of US$1.2 million were paid to Gold Royalty Corporation ("GROY") in respect of a 1% NSR on 2 claims only 300 meters and down strike from the Portree block on the MNFZ. If the Portree portion of the MNFZ represents about 30% of the 1.5 km strike being mined, GROY represents 37% of the strike and Bacis represents 33% of the strike length, then the Company estimates the 2% NSR on the Portree claim in dispute represents US$1.5 million in potential cash flow per year plus the amount owed on production since 2019. This figure excludes the long term potential of the 2% NSR on both the depth potential and any resource mined on the entire area covered by the five Portree claims which include the historical high grade Parroquia copper mine in the southwest area of the Cozamin Mine land holdings. The precise figures will only be determined with the actual co-operation of Capstone, which has not been forthcoming. Results of Operations The Company generated dividend and royalty income of $26,925, lower than the prior year quarter of $31,569 due to the cancellation of a TV syndication. Total expenses were $58,664 vs $54,069 in the prior year, resulting in an increased operating loss of $31,739 vs $22,500 in 2024. Assets and Liquidity Total assets as at March 31, 2025 were $1,345,389 compared to $1,252,384 at December 31, 2024, mostly representing the Company's investment Music Royalties Inc. and four other music royalty streams. As at March 31, 2025, the Company had cash of $141,375 to settle current liabilities of $99,819, excluding a US$2,000,000 contingent liability of a Mexico subsidiary to a defunct company, which the Company is working on to legally cancel. About Royalties Inc. Royalties Inc. owns a 100% interest, subject to a 1.5% NSR owned as a separate asset, on the Bilbao silver-zinc-lead project located in the State of Zacatecas, Mexico. Royalties Inc. owns 88% of the outstanding shares of Minera Portree de Zacatecas, S.A. de C.V ("MPZ") which holds an asserted claim (backed by a court approved lien) to a 2% net smelter royalty established in 2002 on five mining concessions called the 'Portree claims', a portion of which is on the Mala Noche Footwall Zone, the main source of production at the Cozamin mine where Capstone Copper Corp. ("Capstone") has been mining since 2010. Capstone assigned this royalty to themselves without the knowledge of or proper payment to MPZ, the longstanding and rightful owner, in 2017 and 2019. MPZ filed civil and criminal lawsuits in Zacatecas in 2021 to invalidate the contract to transfer ownership. The claim is challenged by Capstone. Royalties Inc. has a 2% stake in Music Royalties Inc. ("MRI"), which has acquired 30 cash-flowing catalogs and paid out over $11 million in dividends since 2019 from 30 cash-flowing catalogs generating a 7.2% annual yield. For further information contact Royalties Inc. at Tim GallagherCEO & Director(416) 925‐0090 Connor Gallagher Investor Relations(647) 921-2206 Andrew RobertsonDirector(416) 317-0137 Neither the CSE, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this press release. Forward-Looking Statements This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of those terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to: sufficient capital and financing required in order to fulfill the Company's business plans and strategy may not be obtained as expected; that the Company will not be able to pay future dividends; and other risks related to the Company as disclosed in the documents filed on the Company's profile at SEDAR+ at Accordingly, readers are cautioned not to place undue reliance on forward-looking statements contained in this press release and they are expressly qualified in their entirety by this cautionary statement. The forward-looking statements herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. The Company does not undertake any obligation to update publicly or revise any such forward-looking statements whether as a result of new information, future events or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. To view the source version of this press release, please visit 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
