Such forward-looking statements reflect our current views with respect to future events, are subject to risks and uncertainties and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. In making the forward-looking statements included in this news release, the Company has made various material assumptions, in respect of: (i) the result of any potential legal, regulatory or geopolitical conflict resulting from the United States asserting governance of subsea mineral exploration and development in international waters; (ii) the continued cooperation and alignment of national interests between the United States and the Cook Islands; (iii) the changes and trends in our industry and the global economy; (iv) changes in laws, rules, regulations and global standards; and (v) transaction opportunities, exploration potential, and precious metals prices. Forward-looking information involves a variety of known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking information. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to, the following risks and uncertainties: (i) risks related to the highly speculative nature of the Company’s business; (ii) risks related to subsea mineral exploration and development operations; (iii) risks related to the Company’s limited business history and no history of earnings; (iv) risks related to the availability of future financing and the Company’s ability to continue as a going concern; (v) risks related to the Company’s exploration and development activities on the mineral properties; (vi) uncertainties regarding the grade and quality of polymetallic nodules; (vii) uncertainties regarding the commercial collection of polymetallic nodules; (viii) negative perceptions regarding the collection of polymetallic nodules; (ix) pressure and lobbying by non-governmental organizations; (x) uncertainties regarding our future reliance on strategic partnerships; (xi) uncertainties regarding technology required for our business; (xii) uncertainties regarding the treatment and processing of polymetallic nodules; (xiii) natural hazards and seasonality; (xiv) expropriation of potential future operating equipment or assets; (xv) technological obsolescence; (xvi) the Company’s dependence on key personnel; (xvii) risks related to foreign operations; (xviii) risks related to acquisitions and integration; (xix) changes in laws and regulations; (xx) risks related to competition; (xxi) fluctuations in prices of precious metals, other commodities and natural resources; (xxii) legal and litigation risks; (xxiii) uncertainty and volatility related to stock market prices and conditions; (xxiv) dilution of the interests of shareholders; (xxv) risks related to geopolitical disputes; (xxvi) risks related to the Company’s officers and directors becoming associated with other natural resource companies, which may give rise to conflicts of interest; (xxvii) risks related to climate change; and (xxviii) risks related to pandemics, epidemics or other health crises. In evaluating forward-looking statements, current and prospective shareholders should specifically consider various factors, including the foregoing risks and risks outlined in the Company’s annual information form under the heading “Risk Factors”. Should one or more of these risks or uncertainties, or a risk that is not currently known to us, materialize, or should assumptions underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this news release and we do not intend, and do not assume any obligation, to update these forward-looking statements except as required by applicable securities laws. Investors are cautioned that forward-looking statements are not guarantees of future performance and are inherently uncertain. Accordingly, investors are cautioned not to put undue reliance on forward-looking statements.