This news release contains forward-looking information within the meaning of Canadian securities legislation (collectively, “forward-looking statements”) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward-looking statements. Forward-looking statements herein include, but are not limited to, statements relating to: the expected contributions of Mr. Young to the Company’s leadership team; the Company’s plans to advance the Topaz project and pursue a disciplined path towards development and long-term value creation; the anticipated vesting of stock options, PSUs and RSUs granted to Mr. Young; and Mr. O’Brien’s continued role as Vice President of Finance. Forward-looking statements are based on a number of material factors and assumptions, including, but not limited to: Mr. Young will remain with the Company in his capacity as Chief Financial Officer and director; the Company will have sufficient capital and resources to fund its planned operations and development activities; general economic, financial, market and business conditions will not materially change in a manner adverse to the Company; the Company’s business plans, including with respect to the Topaz project, will proceed substantially as currently contemplated; the Company will be able to retain and attract qualified personnel; and the Company’s capital cost estimates, management’s expectations regarding the availability of capital to fund the Company’s future capital and operating requirements, and the ability to obtain all requisite regulatory approvals.






