This press release contains forward-looking information within the meaning of applicable Canadian securities legislation (“forward-looking information”). Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, and similar terms and phrases, including negative versions thereof and other similar expressions or statements that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. All information contained in this press release, other than statements of current or historical fact, is forward-looking information. Forward-looking information contained in this press release may include, without limitation, statements in respect of: the Application for Enforcement Proceeding filed by the OSC against the Company and certain of its officers and directors and the Company’s response thereto; the Company’s review of, and response to, the Allegations of the OSC and the direction and guidance of the Special Committee established of the Company in connection therewith; the Company’s continued operations, plans, prospects and business strategies; the delivery of an updated Mineral Resource Estimate; public hearings as part of the approval process for the exploitation license for the IBW Project; the completion of a Pre-Feasibility Study for the IBW Project; a fair resolution of the Aznalcollar claims and findings of the Administrative Court with respect thereto; and other statements that are not of current or historical fact.