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Copyright © 2020
All rights reserved.
All rights reserved.
This website and www.mountpolley.com (the “Websites”) are owned and operated by Imperial Metals Corporation. Where we say the “Company”, “Imperial”, “we”, “us” or “our”, we mean Imperial Metals Corporation and/or one or more or all of its affiliates, as may be applicable. By using the Websites, you agree to the following terms and conditions.
The Company does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or timeliness of information on the Websites. The Company takes reasonable care in providing information contained on the Websites, and endeavours to do so regularly. Information on the Websites was believed to be accurate at the time it was posted but may be superceded by more recent public disclosures. The information on the Websites is not intended to modify, qualify, supplement or amend information disclosed under securities legislation of any jurisdiction applicable to the Company. The Company’s public disclosure documents are available on SEDAR at www.sedar.com.
Information on the Websites may still contain technical or other inaccuracies, omissions, or typographical errors, for which the Company assumes no responsibility. Under no circumstances, including but not limited to negligence, will the Company be liable for any direct, indirect, special, incidental, consequential or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, inability to use, or reliance on the information on the Websites, any inaccuracy or omission in the information on this site or failure to keep the information current, use of any third party websites linked to the Websites or any other matter connected with the Websites. The information provided on the Websites is not a substitute for independent professional advice for making investment decisions. Information on the Websites is protected by copyright and cannot be modified or reproduced in any form, electronic or otherwise, except for personal use, unless you have obtained our express permission.
Third Party Links
The Websites provide third party links to other websites, including social media sites, which are at arms-length to the Company. You should be aware that the third party links will cause you to leave the Websites, and those sites or services will have their own separate terms and conditions, which you should review to determine if they are acceptable to you . The Company is not responsible for the content of any other sites, and disclaims all liability and responsibility for the content of the third party sites.
The stock quotes provided on the Websites may be delayed or may be otherwise inaccurate and are not intended for trading purposes. Due to the technical and security risks inherent in the Internet, because information on the Websites may be out of date or superceded by more recent public disclosures, and because the information you access may differ from the original depending on your browser software, the information set out on the Websites should not be used for the purpose of making investment decisions with respect to the Company’s securities and is not a substitute for independent professional advice. If you are contemplating trading in the securities of the Company, you are strongly advised to seek independent professional advice before making any investment decision. The Company makes no representation or warranty regarding the use, validity, accuracy, completeness or reliability of information, and has not taken any steps to verify the adequacy, accuracy or completeness of the information provided on the Websites.
Market and Industry Data
Market and industry data contained on the Websites is based upon information, surveys or studies conducted by independent third parties and independent industry or general publications and the Company’s knowledge of, and experience in, the markets in which it operates. The Company has no reason to believe that such information is false or misleading in any material respect, however market and industry data is subject to variation and cannot be verified due to limits on the availability and reliability of raw data, the voluntary nature of the data gathering process and other limitations and uncertainties inherent in any statistical survey. This information has not been independently verified by the Company, any of its respective directors, officers or representatives or any other person involved in the preparation of the Websites, and no representation is given as to the accuracy of any of the data referred to in the Websites obtained from third party sources.
The Websites are not intended as a solicitation or offering of securities in any jurisdiction and the information contained therein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by the Company to that effect.
Cautionary Statement on Forward-Looking Information
The Websites and the information posted on them may contain certain forward-looking statements within the meaning of applicable Canadian Securities legislation. Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variation of such words and phrases or state that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements 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 the forward-looking statements. These forward-looking statements include estimates, forecasts, and statements as to management’s expectations with respect to, among other things, business and financial prospects, the value of the Company’s business, proposed exploration and development, mineral reserves and mineral resources, future trends, plans, strategies, objectives and expectations, including with respect to future operations, products, services and projects for the Company, rehabilitation activities, progress in development of mineral properties, future production and marketing, adequacy of funds for projects and liabilities, demand and market outlook for commodities, future commodity prices and treatment and refining charges, and the financial results, cash flows and operations of the Company. These forward-looking statements involve numerous assumptions, risks and uncertainties and actual results may vary materially.
You should not place undue reliance on these statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general business and economic conditions, interest rates, the supply and demand for, deliveries of, and the level and volatility of prices of copper, gold and silver, the timing of and completion of planned rehabilitation activities, the receipt of any necessary approvals and consents to proceed with planned rehabilitation activities, the availability of financing on reasonable terms, the Company’s costs of production that include power, fuel and labour costs, production and productivity levels, as well as those of its competitors, market competition, geotechnical stability in areas of mining activity and areas where infrastructure supporting operations is located,the accuracy of the Company’s reserve estimates (including with respect to size, grade and recoverability) and the geological, operational and price assumptions on which these are based, conditions in financial markets and the future financial performance of the Company. The foregoing list of assumptions is not exhaustive. Events or circumstances could cause actual results to differ materially.
Factors that may cause actual results to vary include, but are not limited to: business and economic conditions in the principal markets for the Company’s products, the supply, demand, and prices for metals to be produced, changes in commodity and power prices, changes in interest and currency exchange rates, inaccurate geological and metallurgical assumptions (including with respect to the size, grade and recoverability of mineral reserves and resources), geological and/or geotechnical risks, unanticipated operational difficulties (including failure of plant, equipment, structures or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, uncertainty as to actual timing of completion of rehabilitation activities, government action or delays in the receipt of government approvals and consents, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), political risk, social unrest, changes in general economic conditions or conditions in the financial markets, reputational risk, the quantum of claims, fines and penalties that become payable by the Company and the risk that current sources of funds are insufficient to fund liabilities, risks that the Company will be unsuccessful in defending against any legal claims or potential litigation, risks of protesting activity and other civil disobedience restricting access to the Company’s properties, and other risk factors related to the mining and metals industry as detailed from time to time in the Company’s reports filed with Canadian securities regulators.
Specific materials on the Websites containing forward-looking statements or information may contain more specific cautions regarding risks and uncertainties, which you should review. Certain of these risks are described in more detail in the annual information form of the Company and in other public filings on SEDAR (sedar.com).
Disclosure of Technical Information
All technical information about our mineral properties is subject to the more detailed information filed by the Company with securities regulators. Readers should refer to the Company’s current annual information form, technical reports and other continuous disclosure documents available at www.sedar.com. for this detailed information, which is subject to the qualifications and notes set forth therein. The technical information about our mineral properties provided on the Websites has been prepared under the supervision of and approved for disclosure by the qualified person (as defined in National Instrument 43-101) identified in the respective documents posted to the Websites.
Cautionary Note to United States Investors Concerning Estimates of Resources and Reserves
Proven and Probable Mineral Reserves: The estimates of mineral reserves shown in the Websites have been prepared in accordance with the definition standards on mineral reserves of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in Canadian National Instrument 43-101 - Mineral Disclosure Standards (“NI 43-101”). The definitions of proven and probable reserves used in NI 43-101 differ from the definitions in U.S. Securities and Exchange Commission (“SEC”) Industry Guide 7. Under SEC Industry Guide 7 standards, a “final” or “bankable” feasibility study is required to report reserves, the three-year historical average price is used in any reserve or cash flow analysis to designate reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority. Accordingly, the disclosure in the Websites of mineral reserves may not be comparable to information from U.S. companies subject to the reporting and disclosure requirements of the SEC.
Measured and Indicated Resources: The Websites use the terms “measured resources”, “indicated resources” and “measured and indicated resources”. We advise U.S. investors that while these terms are recognized and required by Canadian regulations, these terms are not defined terms under SEC Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC. The SEC normally only permits issuers to report mineralization that does not constitute SEC Industry Guide 7 compliant “reserves” as in-place tonnage and grade without reference to unit measures. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into SEC Industry Guide 7 reserves.
Inferred Resources: The Websites use the term “inferred resources”. We advise U.S. investors that while this term is recognized and required by Canadian regulations, this term is not a defined term under SEC Industry Guide 7 and is normally not permitted to be used in reports and registration statements filed with the SEC. “Inferred resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of a feasibility study or prefeasibility study, except in rare cases. The SEC normally only permits issuers to report mineralization that does not constitute SEC Industry Guide 7 compliant “reserves” as in-place tonnage and grade without reference to unit measures. U.S. investors are cautioned not to assume that any part or all of an inferred resource exists or is economically or legally minable.
Exclusion of Liability
You agree to hold the Company, its subsidiaries and their directors, officers, employees and agents harmless against claims for damages or costs or loss of any kind arising from access to or use of the Websites or any information contained in or obtained through the Websites.