Where reference is made to estimates of value or relative value of a specific company, those are based on the covered company’s guidance and layered on with prudent and standard analysis. There is no guarantee that these estimates are reliable or will materialize. They should not be relied upon in making specific investment decisions and readers should seek advice based on their risk profile and investment requirements from a person qualified and authorized to provide advice. This report does not constitute an offer or invitation to purchase or acquire any shares in any company or any interest therein, nor shall it form the basis of any contract entered into for the sale of shares in any company.

The information on the highlighted company was provided to Ubika Corporation by the highlighted company. The information in this report is believed to be correct, but its accuracy, timelines or completeness cannot be guaranteed. No representation or warranty, express or implied, is given by any person as to the accuracy or completeness of the information and no responsibility or liability is accepted for the accuracy or sufficiency of any of the information, for any errors, omissions or misstatements, negligent or otherwise. Ubika Corporation did not make an independent investigation or inquiry as to the accuracy of any information provided by the highlighted company and is relying solely upon information provided by the highlighted company for the accuracy and completeness of all such information.

Readers of this report are advised to conduct their own due diligence before investing in the highlighted company.

Readers of this report are informed that the value of shares in the highlighted company under coverage may go up or down. Past performance is not necessarily a guide to future performance.

Ubika Corporation (including its directors, employees and representatives) or a connected person may have positions in or options on the securities detailed in this report, and may buy, sell or offer to purchase or sell such securities from time to time.

Ubika Corp was compensated by this company to provide research coverage for 1-year. The typical fee for the 1-Year research coverage offered by Ubika Corporation ranges from C$ 20,000 to C$ 30,000. Ubika Corp does not accept payment in any form of equity or deferred equity from the companies it covers.

To ensure complete independence and editorial control over its research, Ubika Corporation has developed various compliance procedures and business practices including but not limited to the following: (1) Fees from covered companies are due and payable regardless of the opinion of the research; (2) Ubika Corporation, as a contractual right, retains complete editorial control over the report; (3) Analysts are compensated on a per-company basis and not on the basis of his/her recommendations; (4) Analysts assisting Ubika Corporation in the preparation of the report are not permitted to accept fees or other consideration from the companies they cover for Ubika Corp. except for the payments they receive from Ubika Corporation; (5) Ubika Corporation may introduce the covered companies to financial intermediaries that conduct investment banking or other financial advisory, financial consulting or merchant banking services.

Note: Ubika Research has NOT visited various mining sites to do any independent physical assessment

The information set forth in this report may contain "forward-looking statements." Statements in the report, which are not purely historical, are forward-looking and include statements regarding beliefs, plans, expectations or intentions regarding the future.

Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as "estimate," "anticipate," "believe," "plan", "intend", "expect", "may" or "should" or similar statements are forward-looking statements. Risks and uncertainties for the company include, but are not limited to, the risks associated with the impact of general economic conditions in countries in which the company conducts business, the impact of competitive products and pricing, product demand and market acceptance, new product development, the continuation and development of key customer and supplier relationships, and the availability of high quality, qualified personnel and management. Other risks include but are not limited to factors affecting development and expansion activities generally including access to capital to meet all of the highlighted company’s financial requirements, and the company’s ability to control costs. There can be no assurance that the highlighted company’s efforts will succeed and the company will ultimately achieve sustained commercial success. These forward-looking statements are made as of the date of this document, and neither Ubika Corporation nor the highlighted company assumes any obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although management of the highlighted company have advised Ubika Corporation that they believe that the plans, expectations, beliefs and intentions contained in the information provided to Ubika Corporation and reproduced in the report are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate.

The forward looking statements contained in the document have been prepared by management of the highlighted company who believe and have so advised Ubika Corporation, without independent verification by Ubika Corporation that a reasonable basis exists for making such statements.