Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including but not limited to those with respect to the price of gold, the timing and amount of estimated future production, costs of production, capital expenditures, reserve determination, costs and timing of the development of new deposits, the Company's hedging practices, permitting time lines, and the timing and possible outcome of pending litigation involve known and unknown risks, uncertainties and other factors which 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 such forward-looking statements. Such factors include, among others, the actual results of current exploration activities, actual results of current reclamation activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the section entitled "Other Considerations" in the Company's Form 10-K. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such 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.
COMMENTARY:
This boilerplate deals with "full disclosure" aspect that should be considered by equity hopefuls in this sector,
most especially Canadian micro-micro-micro caps and their press releases, as well as those who would promote them, verbally or in writing.
I've frankly been watching and waiting to see if someone posts the fact that the Securities Act of 1933 to whit (Canadian "authority") Marcos is only demonstrably concerned with section 17(a) and 17(b), has been modified, tweaked, interpreted, changed, updated, revised SEVERAL times since 1933 when it was officially "uttered." Since no one else has bothered and about 10 days has passed, I thought I would.
The above REQUIRED boilerplate attachment found at the bottom of Legit Press Releases is offered as a recent example of such "new and improved" Securities Law requirements.
Most who read P/R either gloss over or eyes GLAZE over when it comes to the bottom of said boilerplate addendae as it were. HOWEVER, I do believe it worth noting the last phrase in said boilerplate, and offer same today for the purpose of helping those who participate in this sector.
Selah |
