ML Gold Corp. (TSX-V: MLG; FSE: XOVN.F) (“ML Gold” or the “Company”) is pleased to announce that it has initiated the maiden resource estimation on the Company’s Palmetto Gold Project in Nevada. The Company engaged the engineering firm WSP Canada Inc. (WSP) to complete the resource estimation and a NI 43-101 Technical Report.
WSP has a comprehensive and skilled team that can determine the sustainability of investment opportunities and related assets for the Mining and Resource Industry. The firm employs a well-rounded and experienced multidisciplinary team of professionals who can determine the engineering, geology, mining, infrastructure, transportation, financial, and operational sustainability of the targeted asset.
WSP has been providing engineering services to the mining industry for over 20 years, in challenging environmental, temporal, and political conditions. Globally, the firm brings together 35,500 staff, based in more than 500 offices, across 40 countries. They provide engineering and multidisciplinary services in a vast array of industry sectors, including 700 employees in the Mining sector.
ML Gold Corp. has an option to acquire a 100% right, title and interest to the Palmetto Gold Project (see news release dated October 18, 2016). The Palmetto Project is located in Esmeralda County, Nevada, within the southern portion of the Walker Lane Gold Trend.
ML Gold also reports commencement of the 2017 exploration program at its Pinnacle Reef copper and gold property in central British Columbia. The program will consist of up to 2,500 metres of drilling, targeting the core of a 6 by 7 kilometre highly anomalous chargeability area recently identified on the property.
Adrian Smith, P.Geo., is the qualified person for the Company as that term is defined in the National Instrument 43-101, and has supervised the technical information presented within this news release.
ABOUT ML GOLD CORP.
ML Gold Corp. is a Canadian listed Company, focused on creating shareholder value through discoveries and strategic development of mineral properties in Canada and the United States.
For additional information please visit the Company’s website at www.mlgoldcorp.com. You may also email
ML GOLD CORP.
“Andrew Bowering”
Andrew Bowering
Chairman
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, currency risks including the exchange rate of US$ for CDN$, changes in exploration costs and government royalties or taxes in Canada, the United States or other jurisdictions and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
ML Gold Corp. (TSX-V: MLG; FSE: XOVN.F) (“ML Gold” or the “Company”) reports results from an additional 4 holes of the phase I drill program at its wholly owned Palmetto Gold Project in Nevada, where a first ever gold resource is being calculated. Drilling by ML Gold has seen a high success ratio with almost all holes encountering significant mineralization, resulting in the extension of known zones well beyond historically identified limits. Mineralization in the Northwest and Discovery Zones remains open along strike, west and east, and at depth.
Further drilling in the Northwest Zone stepped out an additional 50 metres from ML Gold’s previously reported holes and returned a wide mineralized intercept outlining a thick consistently mineralized horizon which remains open to the east and west. Drill hole PAL-17R10, the most western hole to date in the Northwest Zone reports 21.3 metres of 0.93 grams per tonne (“gpt”) gold, including 7.6 metres grading 2.26 gpt. This gold mineralization is disseminated within the sediments and is likely related to a high grade feeder/breccia zone.
Additional drilling in the Discovery Zone ended in high grade gold mineralization with drill hole PAL-17R13 ending in 6.1 metres of 1.82 gpt at 237 metres (end of hole or “EOH”) below surface, leaving the zone open to depth. This highlights the depth potential and need for the phase II drilling program to further test the depth extent of mineralization. Drilling also confirms consistent gold mineralization surrounding the intense breccia and stock work zones that form the higher grade core(s) of mineralization. Past metallurgical studies conducted by previous operators on the Discovery Zone show that the material is amenable to heap leaching. Further metallurgical studies will be carried out as part of the phase II drilling program following the completion of the maiden resource estimate and 43-101 technical report on the Palmetto Gold Project.
The table below outlines the results from four additional holes at ML Gold’s Palmetto Gold Project in Nevada.
| Northwest Zone | ||||||||
| Hole ID | Azimuth | Dip | From (m) | To (m) | Interval (m) | Gold (g/t) | Silver (g/t) | |
| PAL-17R07 | 10 | -60 | 182.9 | 196.6 | 15.2 | 0.3 | 8.08 | |
| incl. | 182.9 | 185.9 | 3 | 0.82 | 22.13 | |||
| PAL-17R10 | 0 | -65 | 111.3 | 141.7 | 30.5 | 0.7 | 5.21 | |
| incl. | 111.3 | 132.6 | 21.3 | 0.93 | 7.06 | |||
| incl. | 120.4 | 128 | 7.6 | 2.26 | 14.7 | |||
| 175.3 | 190.5 | 15.2 | 0.2 | 2.59 | ||||
| Discovery Zone | ||||||||
| Hole ID | Azimuth | Dip | From (m) | To (m) | Interval (m) | Gold (g/t) | Silver (g/t) | |
| PAL-17R11 | 0 | -85 | 100.6 | 108.2 | 7.6 | 0.23 | 8.03 | |
| 123.4 | 137.2 | 13.8 | 0.24 | 4.87 | ||||
| PAL-17R13 | 0 | -90 | 138.7 | 143.3 | 4.6 | 0.34 | 1.49 | |
| 166.1 | 208.8 | 42.7 | 0.3 | 7.88 | ||||
| incl. | 179.8 | 199.6 | 19.8 | 0.45 | 14.64 | |||
| incl. | 189 | 192 | 3 | 1.26 | 5.88 | |||
| 222.5 | 237.7(EOH) | 15.2 | 0.85 | 2.09 | ||||
| incl. | 231.6 | 237.7(EOH) | 6.1 | 1.82 | 2.98 | |||
Based on the highly successful phase I drilling program, ML Gold anticipates a phase II program to expand the existing zones and locate additional zones. Phase II will focus on areas north and northwest of the Discovery and Northwest zones along the Palmetto Gold Trend. As this trend is primarily under cover, the Northwest Zone was interpreted and discovered through structural analysis and detailed structural mapping. Similarly, new zones have been identified within the trend and warrant drilling in the phase II program.
Adrian Smith, President of ML Gold comments “We are grateful to everyone involved in this project and their hard work and support which has enabled us to rapidly advance the project to a resource stage. We look forward to seeing a large initial resource that will propel ML Gold into the phase II program, expanding and building the global ounces within the newly developing Palmetto Gold Trend.”
ML Gold Corp. has an option to acquire a 100% right, title and interest to the Palmetto project (see news release dated October 18, 2016). The Palmetto Project is located in Esmeralda County, Nevada, within the southern portion of the Walker Lane Gold Trend.
Quality Assurance/Quality Control
Sample preparation and analyses for this program were completed at ALS Minerals Lab in Reno Nevada. Gold was determined by 30g Fire Assay with Atomic Absorption Spectrophotometry (AAS) finish. Other elements were determined by Ultra Trace Aqua Regia digestion with Inductively Coupled Plasma Mass Spectrometry (ICP-MS) finish.
A comprehensive quality assurance/quality control program including duplicate samples, blanks and standards form part of ML Gold’s sampling protocol in addition to the laboratory's own quality assurance program. The field program was supervised by ML Gold staff and contractors and the technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by Adrian Smith, Director, and a Qualified Person as that term is defined in NI 43-101.
ABOUT ML GOLD CORP.
ML Gold Corp. is a Canadian listed Company, focused on creating shareholder value through discoveries and strategic development of mineral properties in Canada and the United States.
For additional information please visit the Company’s website at www.mlgoldcorp.com. You may also email
ML GOLD CORP.
“Andrew Bowering”
Andrew Bowering
Chairman
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, currency risks including the exchange rate of US$ for CDN$, changes in exploration costs and government royalties or taxes in Canada, the United States or other jurisdictions and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
ML Gold Corp. (TSX-V: MLG; FSE: XOVN.F) (“ML Gold” or the “Company”) reports it will complete a non-brokered private placement of flow-through shares to raise aggregate gross proceeds of $306,000. The flow-through offering will comprise 1,800,000 flow-through shares, at a price of 17 cents per flow-through share. The proceeds from the sale of the flow-through units will be expended on the Company's properties located in British Columbia.
Certain directors and officers of the Company may participate in the private placement. Any such participation would be considered to be a related party transaction as defined under Multilateral Instrument 61-101. The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of any shares issued will exceed 25 per cent of the Company's market capitalization.
Management Changes
The Company reports that Graham Harris has resigned as a director and the CEO of the Company. Andrew Bowering, the current chairman and a director, has been appointed the new CEO. In addition, Simon Clarke has been appointed to the board to replace Mr. Harris. The Company wishes to thank Mr. Harris for his contributions to the Company and wishes him all the best in his future endeavors.
Mr. Clarke has over 25 years of corporate finance and corporate development experience, mainly focused on resources and energy technology companies. He brings significant experience in building and growing businesses and implementing successful capital market strategies. Mr. Clarke has served as a Director and Audit Committee Chair for a number of public and private companies.
Mr. Clarke qualified as a corporate and securities lawyer in 1990 and spent four years with the City of London law firm Simmons & Simmons, including two years seconded to the London Stock Exchange. From 1994 - 2000, he was an investment banker in London, first with West LB Panmure and, thereafter, with Williams de Broe Plc, focused on small-mid cap companies. Since moving to North America in 2000, Mr Clarke has held a number of senior management and board of director roles including with RailPower Technologies on the hybrid / energy storage side, Doublestar Resources and Argus Metals on the resources side.
In addition, Mr. Clarke was a Founder, Director, Audit Committee Chair and the initial Vice President of Corporate Development for OSUM Oil Sands Corp, a Calgary-based oil sands company which achieved an equity value approaching $2 billion and currently produces approximately 8,000 barrels of oil per day from the Cold Lake region in Alberta. He remains a board observer and advisor to OSUM and is the one remaining founder with an ongoing role.
Mr. Clarke holds an LLB & Diploma in Legal Practice from Aberdeen University in Scotland.
ABOUT ML GOLD CORP.
ML Gold Corp. is a Canadian listed Company, focused on creating shareholder value through discoveries and strategic development of mineral properties in Canada and the United States.
For additional information please visit the Company’s website at www.mlgoldcorp.com. You may also email
ML GOLD CORP.
“Andrew Bowering”
Andrew Bowering
Chairman
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, currency risks including the exchange rate of US$ for CDN$, changes in exploration costs and government royalties or taxes in Canada, the United States or other jurisdictions and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
ML Gold Corp. (TSX-V: MLG; FSE: XOVN.F) (“ML Gold” or the “Company”) reports results from eight initial holes of its phase I drill program at the Palmetto Gold Project in Nevada, where a first ever gold resource is being calculated. The initial 8 holes are part of a 15 hole program delineating mineralization in two main zones, the Discovery Zone and the Northwest Zone. All drill holes encountered gold mineralization and most were successful in establishing new zones of mineralization and extending known zones well beyond historically identified limits. Mineralization remains open along strike, west and east, and at depth. In addition, there is a strong potential for discovery of additional mineralized zones, en echelon, which fall within the same property wide North-West trending structural corridor (the “Palmetto Gold Trend”).
Drilling in the Northwest Zone followed up on 4 tightly clustered historical holes which were identified to be in a wide-open area with high potential. Initial results from these holes, stepping out 60 to 100 metres each time, returned wide mineralized intercepts outlining a broad area of gold mineralization at shallow depths. Drill hole PAL-17C03, the most eastern hole in the Northwest Zone reports 103 metres of 0.4 grams per tonne (“gpt”) gold, including 31.5 metres grading 1.1 gpt. To the west, drill hole PAL-17R09 returned 24.4 metres grading 1.1 gpt, including 10 metres grading 2.0 gpt gold. This gold mineralization remains open to depth and to the east and west, representing a new open-pitable target at Palmetto Gold Project.
The Discovery Zone remains open to depth and to the west. Drill hole PAL-17R04 is the westernmost step-out hole in the Discovery Zone to date and shows a thick gold mineralized interval which will require additional follow-up testing in the next phase of drilling. Hole PAL-17R01 intersected 68.6 m of 0.87 g/t gold targeting beneath the Discovery zone indicating that mineralization continues to depth.
Each zone within the over-riding Palmetto Gold Trend shows an east-west orientation and is made up of a combination of high grade low-sulphidation veins, breccias, and stockworks, intercalated with disseminated gold mineralization within favorable stratigraphy. Confirmation that the Northwest Zone is in fact an independent zone, open to the east, west and to depth, following the same pattern as the Discovery Zone, indicates that there is a potential to discover additional zones by tracking this emerging pattern.
The table below outlines the results from the initial eight holes at ML Gold’s Palmetto Gold Project. Results are pending for the remaining seven holes.
| Discovery Zone depth extension | |||||||
| Hole ID | Azimuth | Dip | From (m) | To (m) | Interval (m) | Gold (g/t) | Silver (g/t) |
| PAL-17R01 | 0 | -85 | 184.4 | 253.0 | 68.6 | 0.87 | 1.32 |
| incl. | 184.4 | 185.9 | 1.5 | 1.45 | 0.90 | ||
| incl. | 195.1 | 222.5 | 27.4 | 1.10 | 1.63 | ||
| incl. | 211.8 | 219.5 | 7.6 | 3.56 | 3.07 | ||
| incl. | 231.6 | 253.0 | 21.3 | 1.25 | 1.43 | ||
| incl. | 240.8 | 243.8 | 3.1 | 8.26 | 6.58 | ||
| East Discovery Zone stepout | |||||||
| Hole ID | Azimuth | Dip | From (m) | To (m) | Interval (m) | Gold (g/t) | Silver (g/t) |
| PAL-17R03 | 0 | -65 | 221.0 | 224.0 | 3.1 | 0.23 | 2.70 |
| 249.9 | 259.1 | 9.1 | 0.14 | 2.91 | |||
| West Discovery Zone stepout | |||||||
| Hole ID | Azimuth | Dip | From (m) | To (m) | Interval (m) | Gold (g/t) | Silver (g/t) |
| PAL-17R04 | 180 | -65 | 167.6 | 192.0 | 24.4 | 0.54 | 4.91 |
| incl. | 176.8 | 189.0 | 12.2 | 0.85 | 8.51 | ||
| incl. | 176.8 | 182.9 | 6.1 | 1.02 | 9.02 | ||
| 213.4 | 219.5 | 6.1 | 0.15 | 3.16 | |||
| Northwest Zone - west stepout | |||||||
| Hole ID | Azimuth | Dip | From (m) | To (m) | Interval (m) | Gold (g/t) | Silver (g/t) |
| PAL-17R05 | 0 | -60 | 91.4 | 120.4 | 29.0 | 0.25 | 2.60 |
| incl. | 112.8 | 117.3 | 4.6 | 0.42 | 6.12 | ||
| 214.9 | 217.9 | 3.1 | 0.28 | 1.57 | |||
| PAL-17R06 | 180 | -70 | 195.1 | 216.4 | 21.3 | 0.50 | 2.04 |
| incl. | 195.1 | 198.1 | 3.1 | 2.71 | 0.30 | ||
| 239.3 | 262.1 | 22.9 | 0.34 | 0.48 | |||
| incl. | 239.3 | 242.3 | 3.1 | 0.68 | 0.54 | ||
| incl. | 246.9 | 248.4 | 1.5 | 3.25 | 2.54 | ||
| PAL-17R09 | 0 | -60 | 125 | 149.4 | 24.4 | 1.10 | 8.47 |
| incl. | 135.6 | 146.3 | 10.7 | 2.00 | 13.78 | ||
| Discovery Zone | |||||||
| Hole ID | Azimuth | Dip | From (m) | To (m) | Interval (m) | Gold (g/t) | Silver (g/t) |
| PAL-17C02 | 0 | -75 | 134.4 | 137.8 | 3.4 | 0.20 | 1.54 |
| 141.5 | 146.9 | 5.4 | 0.13 | 1.01 | |||
| 179.4 | 181.4 | 2.0 | 0.15 | 0.47 | |||
| 190.0 | 209.2 | 19.3 | 0.44 | 2.58 | |||
| incl. | 194.2 | 205.0 | 11.0 | 0.73 | 3.19 | ||
| incl. | 197.4 | 200.3 | 2.9 | 2.52 | 9.19 | ||
| 230.7 | 235.3 | 4.6 | 0.19 | 1.22 | |||
| 252.7 | 262.9 | 10.2 | 0.20 | 1.89 | |||
| incl. | 258.8 | 261.5 | 2.7 | 0.58 | 3.05 | ||
| Northwest Zone | |||||||
| Hole ID | Azimuth | Dip | From (m) | To (m) | Interval (m) | Gold (g/t) | Silver (g/t) |
| PAL-17C03 | 0 | -68 | 76.5 | 179.7 | 103.2 | 0.4 | 5.98 |
| incl. | 134.5 | 166.0 | 31.5 | 1.08 | 16.80 | ||
| incl. | 134.5 | 142.6 | 8.1 | 1.91 | 32.94 | ||
| incl. | 154.2 | 166 | 11.8 | 1.48 | 19.16 | ||
| incl. | 154.2 | 156.3 | 2.1 | 7.31 | 96.46 | ||
Interestingly, it is noted by previous operators that the Red Rock Mercury mine, now located on the Palmetto Property, 1.5 kilometres to the northwest of the Discovery Zone, had increasing gold concentrations at depth. The Red Rock Mercury mine falls within the Palmetto Gold Trend and could be the upper portion of yet another gold system on the property.
Andrew Bowering, Chairman of ML Gold comments “The Northwest Zone is quickly expanding and could form a significant open-pitable resource adding to the global gold ounces on the Palmetto project. We are excited by how similar the Palmetto Gold Project is looking to the North Bullfrog deposits currently being operated by Corvus Gold Inc, 150km southwest along the same Walker Lane mineral belt. The consistent pervasive nature of the gold encountered on the property to date is significant and will require additional drilling to further expand and define the resource potential.”
ML Gold Corp. has an option to acquire a 100% right, title and interest to the Palmetto project (see news release dated October 18, 2016). The Palmetto Project is located in Esmeralda County, Nevada, within the southern portion of the Walker Lane Gold Trend.
Quality Assurance/Quality Control
Sample preparation and analyses for this program were completed at ALS Minerals Lab in Reno Nevada. Gold was determined by 30g Fire Assay with Atomic Absorption Spectrophotometry (AAS) finish. Other elements were determined by Ultra Trace Aqua Regia digestion with Inductively Coupled Plasma Mass Spectrometry (ICP-MS) finish.
A comprehensive quality assurance/quality control program including duplicate samples, blanks and standards form part of ML Gold’s sampling protocol in addition to the laboratory's own quality assurance program. The field program was supervised by ML Gold staff and contractors and the technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by Adrian Smith, Director, and a Qualified Person as that term is defined in NI 43-101.
ABOUT ML GOLD CORP.
ML Gold Corp. is a Canadian listed Company, focused on creating shareholder value through discoveries and strategic development of mineral properties in Canada and the United States.
For additional information please visit the Company’s website at www.mlgoldcorp.com. You may also email
ML GOLD CORP.
“Andrew Bowering”
Andrew Bowering
Chairman
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, currency risks including the exchange rate of US$ for CDN$, changes in exploration costs and government royalties or taxes in Canada, the United States or other jurisdictions and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.