Forward-Looking Statement

Except for statements of historical fact relating to the Company, certain information contained in this presentation and in subsequent oral statements made by and on behalf of the Company constitutes "forward looking statements" which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects, the future price of the commodities, the timing and amount of estimated future processing of by-products, costs of processing, capital, operating expenditures, disputes or claims, limitations of insurance coverage and the timing and possible outcome of regulatory matters. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes" or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward- looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others: general business, economic, competitive, political and social uncertainties; the actual results of current and development activities; risks associated with obtaining necessary permits; risks associated with foreign operations, including government regulation; fluctuations in the value of the Canadian dollar relative to the U.S. dollar; changes in project parameters as plans continue to be refined; future prices of commodities; possible variations of recovery rates; accidents, labor disputes and other risks of the industry, including but not limited to environmental hazards, unfavorable operating conditions and losses, delays in obtaining governmental approvals or financing or in the completion of construction activities. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Disclaimer

The content of this presentation is provided for informational purposes only, and the Company bears no responsibility (and shall not be liable) for the accuracy or completeness (or lack thereof) of any information contained therein. The Company makes no representation regarding the information contained in this presentation. The Company has not made any independent verification as to the accuracy or completeness of certain of this information.  Interested parties should make their own investigations and evaluations of the information contained herein. Each interested party should consult its own attorney, business advisor and tax advisor as to legal, business, tax and related matters concerning the information contained herein. The Company has no obligation to update or supplement any information or otherwise provide additional information. This presentation has been prepared to assist an interested party to make its own evaluation of the Company and does not purport to be all inclusive or to contain all of the information that an interested party may consider material or desirable in making its evaluation. Each interested party should take such steps as it deems necessary to assure that it has the information it considers material or desirable in making its evaluation and should perform its own independent investigation and analysis of the Company. This presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any offer of any nature shall be made only pursuant to binding definitive documentation.