Certain statements contained in this news release constitute “forward-looking information” and “forward-looking statements” as such terms are used in applicable Canadian securities laws. Forward-looking statements and forward-looking information are based on plans, expectations and estimates of management at the date the information is provided and are subject to certain factors and assumptions, including that the Company’s financial condition and development plans do not change as a result of unforeseen events, that the Company obtains any required regulatory approval and that the Company proceeds with the Proposed Transaction as contemplated in the Letter Agreement. Forward-looking statements and information are subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking statements and forward-looking information. Factors that could cause the forward-looking statements and forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays or cessation in planned work, that the Company’s financial condition and development plans change, delays in regulatory approval, the risks related to the negotiation of the Definitive Agreement and that the Company and Orior may not be able to enter into the Definitive Agreement, the risk that the Proposed Transaction is completed under terms that are materially different from those terms and conditions set forth in the Letter Agreement, or is not completed at all, the risks related to the receipt of regulatory approvals, including the approval of the Exchange, the risk that the Escrow Release Conditions are not satisfied, the risk that the committed flow-through investment into Orior is not completed as anticipated or at all, risks related to Orior’s option on the Revel Ridge Project, risks related to Orior’s business and activities and mining business in general, as well as the other risks and uncertainties applicable to the Company, as set forth in the Company’s financial statements and management’s discussion and analysis filed under the Company’s profile at www.sedarplus.ca. The Company undertakes no obligation to update the forward-looking statements and forward-looking information, other than as required by applicable law.