Legal Notice
Last modified on November 27, 2024.
Disclaimers and Exclusion of Liability
Element 29 Resources Inc. (“Element 29” or the “Company”) updates the information on this website (this “Site”) from time to time. However, such information is not intended to be a comprehensive review of all matters and developments concerning the Company and the Company cannot guarantee the accuracy, currency, or completeness of the information at all times and assumes no responsibility in this regard.
THE SITE IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. NEITHER ELEMENT 29, NOR ITS AFFILIATES GIVE ANY REPRESENTATIONS, WARRANTIES OR CONDITIONS OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE USE OF THE SITE (INCLUDING WITHOUT LIMITATION THE FUNCTIONALITY THEREON) INCLUDING, WITHOUT LIMITATION, ANY REPRESENTATIONS, WARRANTIES, OR CONDITIONS AS TO UNINTERRUPTED OR ERROR FREE OPERATION, QUALITY, ACCURACY, RELIABILITY, COMPLETENESS, SUITABILITY, NON-INFRINGEMENT, TITLE, MERCHANTABILITY, OR FITNESS FOR PURPOSE. ALL SUCH REPRESENTATIONS, WARRANTIES AND CONDITIONS ARE HEREBY DISCLAIMED.
In particular, the Company and its officers, directors, employees, and representatives will not be liable for any claims, expenses, damages (including direct, indirect, special or consequential), loss of profits or opportunities arising from:
- the Site, including without limitation, the accuracy, reliability, currency, veracity, or completeness of its content;
- use or reliance on the Site;
- delays, inaccuracies or errors in, or in the transmission of, any stock and metal price quotes or historical data;
- use of any third party websites, including an information or content, linked to the Site;
- internet software used in connection with the Site, or computer viruses, bugs, or other destructive programs encountered as a result of using the Site; and
- any other matter connected to the Site, even if the Company is made aware of the possibility of such claims, expenses, damages, or losses.
You assume total responsibility and risk for your access to and use of the Site. You acknowledge that the Company is making the Site available to you in reliance upon your acceptance of the limitations and exclusions of liability and the disclaimers set out in this Legal Notice and that the same form a contract between you and the Company. You agree that the limitations and disclaimers will survive and continue to apply in the case of a fundamental breach or breaches, the failure of an essential purpose of this contract, the failure of any remedy, or the termination or suspension of your use of the Site by the Company.
The Site and the information contained herein is for information purposes only and do not constitute an offer or a solicitation of an offer for sale of any securities in any jurisdiction. None of the information contained herein is intended to be, and shall not be deemed to be, incorporated into, qualify, amend, modify, or supplement any of the Company’s or its affiliates’ securities-related filings or documents.
Cautionary Note on Forward-Looking Statements
This Site includes certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information relates to future events, future performance and statements that are not historical facts. Forward-looking information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “objective”, “estimate”, “anticipate”, “believe”, “potential”, “trend”, “indicate” or “continue” or the negative thereof or variations thereon or similar terminology. Forward-looking information in this Site includes, but is not limited to, statements with respect to the merits of the Company’s mineral properties; the Company’s plans, goals and objectives; the Company’s work programs and potential studies; milestones of the Company; the delivery of a resource estimate; the timing and amount of future exploration and expenditures; and the possible results of such exploration.
Forward-looking statements are not a guarantee of future performance and is based upon a number of estimates and assumptions, including, without limitation, the timing and results of exploration and drilling programs; that general business and economic conditions will not change in a material adverse manner; the Company's ability to procure equipment and operating supplies in sufficient quantifies and on a timely basis; the geology of the Company's mineral projects as described in the Canadian National Instrument 43-101, Standards of Disclosure for Mineral Projects (“NI 43-101”) technical reports; the accuracy of budgeted exploration and development costs and expenditures; future currency exchange rates and interest rates; operating conditions being favourable such that the Company is able to operate in a safe, efficient, and effective manner; the Company's ability to attract and retain skilled personnel; political and regulatory stability; the receipt of governmental, regulatory and third-party approvals, licences and permits on favourable terms; requirements under applicable laws; sustained labour stability; stability in financial and capital goods markets; and availability of equipment.
Forward-looking information involves 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 information. Such risks include, among others, the risk that the Company will not be successful in completing its plans with respect to its mineral properties and its business; risks relating to the results of exploration activities; the ability of the Company to raise any necessary additional capital and obtain all necessary licenses and permits; future prices of, and demand for, copper and other metals; the Company’s ability to procure equipment and personnel; the Company's ability to identify, negotiate, and finance further acquisitions successfully or to integrate such acquisitions with its current business; dilution from future equity financing; operating conditions, accidents, and other risks of the mining industry; risks related to the COVID-19 pandemic; volatility of global capital markets; risks associated with political instability and changes to the regulations governing the Company's business operations; performance of the Company's directors and officers; the existence of a public market for the shares of the Company; costs of reporting requirements; risks associated with climate change; and other risks that cause actions, events, conditions, results, performance or achievements to differ from those anticipated, estimated, or intended, including risks as set forth in the Company's filings with Canadian securities regulators and available at www.sedarplus.ca. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon.
Forward-looking statements and information are designed to help readers understand management’s views as of that time with respect to future events and speak only as of the date they are made The Company does not intend, and does not assume any obligation, to update any forward-looking information except as required by law. If the Company updates any one or more forward-looking statements, no inference should be made that the Company will make additional updates with respect to those or other forward-looking statements. All forward-looking statements contained on this site are expressly qualified in their entirety by this cautionary note.
Technical Information
Element 29's flagship project is the Elida Project. The Company also holds three other projects: the Flor de Cobre Project, the Paka Project, and the Pahuay Project, which are all located in southern Peru. Unless otherwise stated, scientific and technical information concerning the properties on this Site is summarized, derived, or extracted from the following NI 43-101 technical reports:
- For the Elida project: “NI 43-101 Technical Report Mineral Resource Estimation of the Elida Porphyry Copper Project in Peru”, dated November 10, 2022 with an effective date of September 20, 2022 was prepared by Mr. Marc Jutras, P.Eng., M.A.Sc., Principal, Mineral Resources at Ginto Consulting Inc. Mr. Jutras is an Independent Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101) in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Standards on Mineral Resources and Mineral Reserves, as adopted and amended by the CIM Council.
- For the Flor de Cobre Project: "NI 43-101 Technical Report on the Flor de Cobre Property Arequipa and Moquegua Regions, Peru" prepared by Derrick Strickland, P. Geo. Dated March 15, 2020 with an effective date of March 15, 2020.
Technical reports have been filed with Canadian securities regulatory authorities and are available for review on the Site or on the Company’s profile on SEDAR+ at www.sedarplus.ca.
The technical information contained on the Site has been reviewed and approved by Richard Osmond (P.Geo), Director, President and CEO of Company and a "Qualified Person" as defined in NI 43-101.
Cautionary Note on Mineral Reserve and Resource Estimates
The terms “mineral resource", “inferred mineral resource", “indicated mineral resource" and “measured mineral resource" are defined in accordance with Canadian National Instrument 43-101, Standards of Disclosure for Mineral Projects (“NI 43-101”) and have the meanings ascribed to those terms by the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”), as the CIM Definition Standards on Mineral Resources and Mineral Reserves adopted by CIM Council, as amended. Investors are cautioned not to assume that all or any part of an inferred mineral resource exists or is economically or legally mineable. An inferred mineral resource is that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Geological evidence is sufficient to imply but not verify geological and grade or quality continuity. An inferred mineral resource has a lower level of confidence than that applying to an indicated mineral resource and must not be converted to a mineral reserve.
The mineral resource estimates described on this Site have been prepared in accordance with the requirements of Canadian securities regulatory authorities, which differ from the requirements of U.S. securities laws. United States investors are cautioned not to assume that all or any part of mineral resources determined in accordance with NI 43-101 and CIM standards will qualify as, or be identical to, mineral resources estimated under SEC standards applicable to U.S. companies under Regulation S-K (Subpart 1300). Accordingly, information contained in this presentation may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations thereunder.
Non-IFRS Measures
The Site and the materials posted on it may include certain terms or performance measures commonly used in the mining industry that are not defined under International Financial Reporting Standards (“IFRS”), including “cash operating costs” and “all-in sustaining costs”. Non-IFRS measures do not have any standardized meaning prescribed under IFRS, and therefore they may not be comparable to similar measures employed by other companies. The data presented is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS and should be read in conjunction with the Company’s consolidated financial statements. Readers should refer to the Company’s most recently filed Management Discussion & Analysis, available under the Company’s corporate profile at www.sedarplus.ca or on the Site, for a more detailed discussion of how the Company calculates such measures and a reconciliation of certain measures to IFRS terms.