This news release contains forward-looking information within the meaning of applicable Canadian securities legislation (collectively, “forward-looking statements”) that relates 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 proposed acquisition of the Property and the timing and conditions of closing; the 365-day due diligence and project-commitment period; the satisfaction or waiver of closing conditions; the City’s financial participation, including the rail contribution, site clearing, utility extensions and City property-tax abatement; any tax abatements from Lake County and the Lake Superior School District; the negotiation and execution of the business subsidy, tax abatement, minimum assessment, electrical service, natural gas service and rail agreements; required zoning, land-use, rail and regulatory approvals; the proposed Rare Gas Hub, Plant and Facility, including their design, construction, phasing, expansion and proposed operation; the requirement to achieve commercial operation of the initial RGH phase within 36 months following formal project commitment, subject to permitted extensions; the acquisition of the Plant under the Equipment Reservation Letter Agreement; the Company’s financing plans; potential third-party gas processing services; and the anticipated benefits of the Project. Forward-looking statements may involve estimates and are based upon assumptions made by management of the Company, including, but not limited to, that the conditions to closing under the Agreement will be satisfied or waived within the applicable timeframe; that the related supporting agreements will be negotiated and executed on acceptable terms; that adequate electrical, natural gas, water and rail service will be available on acceptable terms; management’s expectations regarding the availability of capital to fund the Company’s future capital and operating requirements; the performance of the Plant and related equipment; and the ability to obtain all requisite regulatory approvals.