Bankers Cobalt Corp (“Bankers Cobalt”) maintains this website for information, education and communication purposes. You may download material displayed on this website for non-commercial, personal use only, provided you also retain all copyright and other proprietary notices contained on the materials. The contents of the website may not be otherwise copied, distributed or used in any way without Bankers Cobalt written permission.
This website and any information herein does not and shall not constitute an invitation to invest in Bankers Cobalt or its securities or an offer to sell or solicitation of an offer to buy any securities of Bankers Cobalt.
This website contains “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). These forward-looking statements are made as of the date of this document and Bankers does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law.
Forward-looking statements relate to future events or performance and are based on management’s expectations regarding future events or performance. Forward-looking statements include, but are not limited to, statements with respect to the estimations of reserves and net present values of future net revenue associated therewith, the timing and amount of estimated future production, costs of production, capital requirements and capital expenditures, future expansion plans, including cobalt production, drilling and well spacing, future land acquisitions, potential partnerships, risk mitigation strategies, general operational and financial performance in future periods, and Banker’s strategies and goals in the Democratic Republic of Congo (“DRC”) and around the world. In certain cases, 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 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” or the negative of these terms or comparable terminology.
Forward-looking statements are based on a number of assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Material factors or assumptions that were applied in drawing a conclusion or making estimates set out in the forward-looking statements in this website include, without limitation, future operating costs, forecast prices and costs, estimated revenue, capital and other expenditures (including the amount, availability, nature and sources of funding), plans for and expected results of drilling and sampling activity, costs associated with and effect on results of operations of regulatory compliance, future royalty rates, commodity prices and foreign exchange rates, future economic conditions and political and regulatory stability in the countries in which Bankers operates globally.
Forward-looking statements involve significant known and unknown risks, uncertainties and other factors which could cause actual results, performance or achievements of Bankers to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks include, but are not limited to, risks associated with the cobalt exploration and development industry (such as operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), risk associated with equipment procurement and equipment failure, risks related to international operations, the risk of commodity price and foreign exchange rate fluctuations, risks related to future royalty rate changes and risks and uncertainties associated with securing and maintaining the necessary regulatory approvals and financing to proceed with the continued expansion of Bankers’ various existing and proposed projects, as well as those risks detailed from time to time in Bankers’ interim and annual financial statements, management’s discussion and analysis and Annual Information Form, all of which are filed and available for review under Bankers’ profile on the SEDAR website at www.sedar.com. In addition, the recent financial crisis has resulted in significant economic uncertainty and illiquidity in credit and capital markets which increases the risk that actual results will vary from those implied or expressed by forward looking statements and these variations may be material. Certain assumptions relating to reserves and resources and estimated future net revenue associated therewith may be contained in future filings completed by Bankers. Although Banker 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 not to be as anticipated, estimated or intended. 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.