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AN EMERGING NORTH AMERICAN

GOLD-SILVER PRODUCER
OCTOBER2016
www.rcgcorp.ca

Disclaimer
This presentation contains forward-looking statements as defined or implied at common law and within the meaning of
the Corporations Law. Such forward-looking statements may include, without limitation: (i) estimates of future gold,
silver and copper sales; (ii) estimates of future cash costs; (iii) estimates of future capital expenditure; (iv) statements
regarding the sensitivity of reserves to commodity prices; and (v) statements regarding future exploration results and the
replacement of reserves.

Where the Company or any of its officers or directors or representatives expresses or implies an expectation or belief as
to future events or results, such expectation or belief is expressed in good faith and the Company or its officers or
representatives as the case may be believe to have a reasonable basis for implying such an expectation or belief.
However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual
results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such
risks include, but are not limited to, gold, copper, silver and other metals price volatility, currency fluctuations, increased
production costs and variances in ore grade or recovery rates from those assumed in mining plans, political and
operational risks in the countries in which we operate, and governmental regulation and judicial outcomes.

The Company does not undertake any obligations to publicly release revisions to any forward looking statement, to
reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except
as may be required under applicable securities laws.
www.rcgcorp.ca

Introduction
Resource Capital Gold Corp. (TSXV: RCG) is an emerging precious metal (Au-Ag)
developer and producer with a pipeline of late-stage exploration, development and
producing assets in North America.
All projects located within prolific gold-silver regions
Targeting low CAPEX / OPEX processing routes with early cash flows
First cash flows FY17
Staged development to unlock value
First quartile cost profile
Management team with proven success in mine development, operation and turnaround
Management and board ownership: 28.3%
Substantial upside vs. base case NPVs and project NAVs
Recent restructure with balance sheet recapitalization

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Project overview
Nova Scotia Gold Fields roll-up
90% ownership of fully permitted Dufferin Gold Mine with 300 t/d gravity flotation mill and
all necessary infrastructure in place; PEA and resource estimate in progress; projected
C$623 cash cost per Au ounce; restart to production within 90 days.
Staged buy-out for minimal upfront cash1 and at deep discount to project NPV
Acquisition of two additional past-producing high-grade gold mines with in-situ resources, 3rd mine under negotiation

Nevada Silver-Gold Project


Investment right to control 80% of a Corcoran Canyon silver-gold project with a 33.3Moz
Ag eq2 historical resource in place; cash cost US$5.97 per Ag eq. ounce; fast track to
production; at current metal prices3 cumulative projected EBITDA of US$190M,
NPV6 US$141M and IRR of 353%.
Low cost of entry for a drilled Ag-Au resource, US$2.6 million staged earn-in at an implied valuation of US$3.3m

1 Total acquisition cost US$9.5m payable over 5 years; plus 1% NSR (from year 5) 2 30.5Moz Ag + 37,100oz Au RCG is not treating this as a current mineral resource
3 US$17 Ag and US$1,200 Au

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Leadership team
George Young
Chairman and CEO: 35 years of experience acquiring, financing and developing mines in North and South
America, both as a metallurgical engineer and as a lawyer. Has been instrumental in over US$600 million in
financings for both major and junior mining companies in North America, and in over US$9 billion in financings
for the utilities industry. Co-founder of MAG Silver Corp. and International Royalty Corp.

Dr. Mike Nelson


Director: 40+ years as a mining engineer; currently Associate Professor and Chair of Mining Engineering,
University of Utah. Worked for numerous resource companies including Rio Tinto Kennecott, EVRAZ North
America, CODELCO El Teniente and BHP Billiton. Member, Society for Mining, Metallurgy and Exploration
(US) and the Canadian Institute of Mining, Metallurgy and Petroleum; contributed to 16 books, including the
SME Mining Engineering Handbook.

Gary Lewis
Founder and major shareholder: 30 years in capital markets and business and strategy development. Has
invested and/or operated resource projects or assets over the past ten years valued at more than US$350M,
including the acquisition and ultimate sell-down or listing of high-value, multi-commodity resource projects in
Australia, UK, SE Asia, Central Asia and the Americas.

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Operations team
Michael Gross
Mine operator with 45+ years of experience in mine operations, management, turnarounds, and team building.
Mike is an expert in narrow-vein underground mining as well as open-pit mining. He has led major
improvements at multiple mines, resulting in decreased costs, improved productivity, and higher earnings.

Dr. Clyde Smith


Exploration and mining geologist with a career that spans over 50 years. Has discovered four ore deposits with
contained total 2Moz Au, 40Moz Ag, 2.4B lbs Pb, 2.2B lbs Zn, and 200M lbs Cu. He has successfully guided
projects through feasibility and development, and served as an officer and director on several successful
companies.

David Smith
30 years in minerals exploration in the U.S., Canada, Mexico, Chile, and China on a wide range of ore
deposits with particular emphasis on gold and precious metals. Core expertise encompasses the management
of mineral projects from acquisition to initial mapping, drilling, resource modeling, and project development.

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Nova Scotia Gold Roll-Up Strategy


Acquired 4 historically producing gold projects
Over 500,000 ounces consolidated in high- Regional
grade deposits with excellent upside
Dufferin Mine is a fully permitted, operational Tangier and
gold mine Forest Hill
- 90 days to resume operations
- Potential to produce >30,000 ounces per year Dufferin
- PEA in progress with new resource estimate & West
Dufferin planned to serve as central processing Dufferin
mill for surrounding deposits
- Cash flow will allow expansion and development of
West Dufferin, Tangier, Forest Hill
Eventual production target >120,000 ounces
per year from four mines combined

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Nova Scotia regional consolidation


Forest Hill
326,000 oz Au
16.7 g/t Au
30,000
55,000 oz pa

Dufferin
Tangier PEA in progress
173,000 oz Au Potential for >30,000 oz pa
13.3 g/t Au West Dufferin
>30,000 oz pa Faulted offset of Dufferin
Potential for >30,000 oz pa
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Forest Hill Gold Mine


Resource of 326,000 ounces
Open to west Open to east
contained1
- 608,000 t @ 16.7 g/t Au
(3.5 g/t cutoff, uncut)
- At 300 tpd, potential to produce
54,000 oz per year for 6 years
1980s bulk sampling: gold recovery
94.9% (74.2% by gravity)
Veins have extensive strike and
depth continuity
Open at depth
Expansion potential along strike
to east, west, at depth
Drilled to <300 m; similar deposits
extend to 1,500 m depth (Bendigo,
Australia)

1 Mercator Geological Services 43-101, 2005


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Tangier Gold Mine


Resource of 173,000 ounces
contained1
- 405,000 t @ 13.3 g/t Au
(3.5 g/t cutoff, uncut)
- At 225 tpd, potential to produce
32,000 oz per year for 6 years
Historic production 29,000 oz @ 17.6
g/t Au
1,513-t bulk sample 1980s
- 19.9 g/t Au
- 89% recovery by gravity
3,300 m underground development
Drill results up to 632 g/t Au
Excellent expansion potential along
strike and at depth
1 Mercator Geological Services 43-101, 2004
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West Dufferin extension to the west


West Dufferin Mine claims Dufferin Mine claims

Historical production
of 41,000 oz from ore
grading 11 g/t Au
Faulted western
extension of Dufferin
deposit
Mined only to 125m
Drilled to 400m
- 18 new saddle reef
structures discovered
Strike length over
1,500 meters
- With Dufferin, offers
>3km potential

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Dufferin gold mine, Nova Scotia


Unlocking value in a fully permitted underground gold mine

227 hectares (2.3 km2), 14 mineral claims all in


good standing.
Preliminary Economic Assessment (PEA) and
43-101 resource calculation in progress with
additional sample data4
High-grade drill intercepts up to 339 g/t Au
Cash cost: C$623 per Au ounce
Staged acquisition at deep discount to NPV
Technical team with deep expertise in turning Forest Hill
around and improving underground mining Dufferin
operations
Tangier
Close analogue to high-grade 25Moz Au
Bendigo goldfields (Victoria, Australia)

4 Underground sampling of the mine faces and drill core to

date are in the range 27 to 370 g/t Au

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West Area of grade-control sampling View to North East


15,200 tonnes @ 34.3 g/t Au
16,744 ounces Open on strike
Portions planned for trial mining Additional Saddles in this area as
deposit plunges to the east

S1
Harriga

S2
n

S3
Cove F

S4
S5
ault

S6
S7
Drill Hole Assay
Au_GPT S8
S9
3 4.999 Area of resource estimate
Open at depth S10
5 15.599
S11
15.6 31.099 S12
S13
31.1 351 100 m

Dufferin Mine Longitudinal Section with Drill Hole Intercepts >3 g/t Au
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Mine development + resource potential

Saddle Reef Vein Deposit

Anticline
Fold Nose

Dufferin Mine Gold Quartz Vein

Drill program defined for significant resource expansion


1.4km strike; drilled only to 400m depth 20-100 meters D

Deposit open along strike and at depth


Potential continuity in depth and toward east
open structure

18+ saddle reef veins showing


OU3 (FWB) / APP (TSX.V)

good continuity
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Mine development + resource potential

Visible gold in vein quartz

Saddle 2 vein at Dufferin


Up to 6m wide
Higher tonnage, grade averaging ~8 g/t Au

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Project plan Infrastructure and Facilities


Fully permitted; 90 days to begin mining
operations
Last production in 2014; previous owners
lacked experience in underground mining;
opportunities to improve mine and mill
Forecast improvements to dilution / grade, costs,
equipment availability and productivity
Experienced turnaround team in place for clear
path to profitable mining
All surface infrastructure and facilities in place
300 tonnes per day plant
Recovery from gravity 92-96%
Underground access by decline
Preliminary economic assessment (PEA) for the recommissioning of the Dufferin Mine was
undertaken by Minetech (2015) and is currently in revision
Will include project economics and an updated resource estimate, including newly validated grade-control data
from previous operations

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Drilling vs. UG grade-control sampling


Saddle Tonnes Drill hole Drill hole ounces Control sample Control sample
grade (g/t) (oz Au) grade (g/t Au) ounces (oz Au)
Saddle 1 2,490 5.6 448 23.3 1,865
Saddle 2 NL 4,240 6.6 900 51.8 7,062
Saddle 2 NL W 1,980 13.4 853 33.3 2,120
Saddle 4 6,490 3.7 772 27.3 5,697
Sub Total 15,200 6.1 2,973 34.3 16,744
Saddle 5 7,320 6.4 1,506 To be performed To be determined
Saddle 6 23,820 5.4 4,136
Saddle 6 NL 6,480 5.4 1,125
Sub Total 37,620 5.6 6,767

Total 9,740 Est. >25,000


Weighted Ave. 5.7 g/t Au 34.3 g/t Au
Tonnage that yielded 2,973 ounces in drill hole data yields 16,744 in the underground grade-control sampling
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Corcoran silver-gold project, Nevada


Highly Productive Mineral Belt
Highest-grade bulk tonnage open-pittable
In a belt silver and
of mines, resources,
NORTHUMBERLAND!
4.7M oz Au

deposit in North Americaadvanced projects that host over

FRO GE!
FAU NT!

FA ONT !
E
LT

UL !
FR NG
RAN

T
168M oz Ag, 26M oz Au

RA
TOQUIMA!
Historical resource: 30.5Moz Ag + 37,100oz Au7 (33.3Moz Ag GOLD HILL! CALDERA

Same fordeposit type as nearby


3M oz Au
equivalent) with excellent potential expansion
Tonopah
High-grade anticipated from open pit: 3.81 g/t Au eq and 279 g/t Ag eq
ROUND!
MOUNTAIN! JEFFERSON!
CORCORAN!
CANYON!
15M+ oz Au 15M+ oz Ag 30M+ oz Ag
Grades up to 6,769 g/t Ag8 Historic 138M oz Ag, 1.5M oz Au BARCELONA!

27 mineral claims all in good 20 km from


standing; 226and similar claims
additional MANHATTAN!
Historic Ag
BELMONT!

mineralization
targets to Round Mountain
15M oz Ag
1.5M oz Au
staked covering resource expansion
Barrick-Kinross, 15M oz Au
In a highly productive belt of current and past producing mines
On same productive caldera
BAXTER SPRING!

hosting 175M oz Ag and 26M oz Au 250K oz Au

margin as Gold Hill


Mining-friendly jurisdictions with good infrastructure
Barrick-Kinross, 3M oz Au
Low acquisition cost; attractive earn-in
30 terms
MIDWAY!
Within km of Northumberland 216K oz Au

Peer average NAV9 per resource


oz US$0.404.7M
Newmont, vs. US$0.08
oz Au earn-in Au dominant

valuation Ag dominant

TONOPAH!
138M oz Ag! N
7 RCG is not treating this resource as a current mineral resource; it is historic and for 1.5M oz Au
3"
information purposes only 8 Drill hole CC-38, 205-210 ft 9 Morgan Stanley, December 2015 10 km

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High-grade resource expansion targets


RANGE-FRONT!
Resource can be expanded and optimised with further drilling and study
FAULT work

Mineralization open
along strike to NE and TRAIL !
SW with multiple high- CANYON !
quality expansion CALDERA!
targets PEDIMENT!
MARGIN
CORCORAN!
Immediate expansion ALTERATION! DRILL HOLE CC15!
23 m @ 2.15 g/t Au! INTRUSIONS!
TARGET

potential surrounding SYSTEM 35 - 58 m TARGET


historical resource
H
Lateral expansion J F
targets relatively more
Au-rich WEST! MASTER!
TARGET M/N FAULT
Depth expansion R/S L
SILVER REEF !
potential for Tonopah C
HISTORIC!
bonanza grade B Ag-Au RESOURCE
N
mineralization, initial DRILL HOLE CC44! DRILL HOLE CC42! 1 km
intercepts already drilled 24 m @ 0.63 g/t Au! 15 m @ 0.89 g/t Au! SILVER REEF!
0 - 24 m 2 - 17 m
EXPANSION POTENTIAL

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Highest-grade bulk tonnage open-


pittable silver deposit in North America

Outcropping Silver Reef deposit


Low strip ratio
Heap leach vs. milling scenario
being evaluated
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Project plan
Feasibility study, construction and commissioning on a fast track
Upgrade resource to 43-101 standards with 2,000m drilling
Complete Feasibility Study including metallurgical testwork and environmental studies
Mine construction and commissioning
Estimated pre-production CAPEX
US$11m (heap leach scenario)
US$50M (milling scenario)
Forecast rate of production: 2,150 tpd
5-year initial mine life
Use cash flows to expand resource

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Project financial model


Preliminary financial modelling, Preliminary financial modelling,
heap-leach scenario10 milling scenario10
Production and Costs! Unit! Base Case! Production and Costs! Unit! Base Case!

Tonnes per day ore! tpd" 2,150" Tonnes per day ore! tpd" 2,150"

Silver recovery! %" 50.0" Silver recovery! %" 80.0"

Gold recovery! %" 75.0" Gold recovery! %" 90.0"

Recovered silver-equivalent! ounces" 17,307,368" Recovered silver-equivalent! ounces" 26,874,888"


Cash cost per silver-equivalent Cash cost per silver-equivalent
US$" 5.90" US$" 5.64"
ounce recovered! ounce recovered!
Pre-production investment! US$" 11,000,000" Pre-production investment! US$" 51,500,000"

Earnings and Metrics! Cum. EBITDA! NPV66! IRR! Earnings and Metrics! Cum. EBITDA! NPV66! IRR!

$15 Ag, $1,100 Au! US$157.4m" US$115.1m" 292%" $15 Ag, $1,100 Au! US$251.7m" US$151.9m" 96%"

$17 Ag, $1,200 Au! US$190.1m" US$141.1m" 353%" $17 Ag, $1,200 Au! US$302.8m" US$192.6m" 117%"

$20 Ag, $1,500 Au! US$243.2m" US$183.3m" 451%" $20 Ag, $1,500 Au! US$384.4m" US$257.6m" 150%"

10Highlands Geoscience LLC, Seattle, Washington, USA. Projected economic model is for illustration purposes only; it is based on historical resource and
numerous assumptions, and not on a preliminary economic assessment. 22
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Near term value drivers


Announce Dufferin acquisition (September 2016)
Announce new PEA and 43-101 resource calculation
Announce acquisition of Tangier and Forest Hill gold mines (September 2016)
Close of Dufferin acquisition (October 2016)
Announce acquisition of West Dufferin (October 2016)
Complete PEA and resource estimate at Dufferin (November 2016)
Re-commissioning of Dufferin gold mine (December 2016)
Resource confirmation and extensional drilling at Corcoran (2017)
Commencement of drilling (infill and extensional)
Commencement of Corcoran PEA

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Summary
Launched revitalized business plan targeting low CAPEX, late-stage exploration,
development and producing precious metal assets in North America.
Acquired fully permitted, operational Nova Scotia gold mine with all necessary personnel,
facilities and infrastructure in place to restart operations within 90 days from transaction close.
Regional roll-up of historic gold mines in Nova Scotia with c. 600,000 high-grade ounces gold
resources
Acquired investment right to control 80% of Nevada-based silver-gold project with 33Moz Ag-
equivalent historical resource in situ.
Restored balance sheet and capital base.
Management team with proven success in developing, operating and turning-
around mines.
Presents a sound case for revaluation of share price:
Current market cap c. C$11.6M
Combined project NPV +US$350M

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Why Dufferin opportunity exists


Dufferin mine on care and maintenance; secured creditor known to RCG technical team
Previous owners lacked experience in underground mining, as evidenced by:
Mine design did not develop enough faces to feed mill
No 3D model; lack of survey control and no x, y, z locations for underground samples
<60% average mobile equipment availability
Mill head grade lower than diluted resource
Mill bottleneck with only 10-tonne fine ore bin
Improper mobile equipment and its improper use added burdensome dilution
Opportunities to improve mine productivity and head grade and expand resource5
RCG technical team has established expertise at successfully turning-around and improving
underground mining operations, e.g.:
Lucky Friday Mine, Idaho (147Moz Ag): mine productivity up by 62%; and cost per Ag oz down by 50%
Giant Mine, NWT (7Moz Au): cost per Au oz down by 25%
Pamour Mine, Ontario (6.6Moz Au): milling costs down by 58% and mining costs down by 30%

5 Turnaround plan in Appendix

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Dufferin turnaround plan


1. Mine design did not develop enough faces to feed mill
Complete 3 months of development prior to resuming mining
Drive access ramp in waste so that ore in saddle legs will not be sterilized until end of mine life and
more saddle can be developed at the same time
Develop long-hole stopes on saddle legs and re-using where long holing is not practical
Always keep development far enough ahead of mining to provide sufficient faces to maintain
production are always available
Implement stringent grade control protocols

2. No 3D model: lack of survey control, no x, y, z locations for underground samples


Purchase 3D modeling software
Hire geologist with excellent modeling skills
Implement strict sampling protocols that pinpoint sample locations
Build 3D model to support effective and efficient mine planning

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Dufferin turnaround plan


3. <60% average mobile equipment availability
Acquire new or rebuilt equipment to resume mining
Contract with equipment vendor for equipment maintenance which will be tied to availability
Enforce preventative maintenance schedules
Include road grader to improve tire wear and reduce rolling resistance in mine haulage for lower
operating costs
4. Mill head grade lower than diluted resource
Implement strict grade control protocols
Focus on mining best grade from every face
Having enough faces available delivers sufficient tonnage and grade for profitable milling operations
5. Mill bottleneck with only 10-tonne fine ore bin
Construct a 1,000 tonne fine ore bin to eliminate mill bottlenecks and reduce operating time for the
crushing plant, which in turn reduces operating costs
Cover screening plant and winterize the entire mill facility

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Technical Team - Consultants


Terrence Byberg
Mine operations executive with over 42 years of experience worldwide in numerous mines. He
specializes in turning around troubled mining operations, gained through hands-on mine operations
from shift boss to President of Silver Eagle Mines.

Allen Cockle
Retired VP, Technical Services of Newmont Mining Corporation and a practicing consultant with over
40 years of experience in exploration geology, geological engineering, and mining engineering. His
specialty is the valuation of mining projects at various stages of development as they advance from
exploration to pre-feasibility, feasibility, and production.

Randy Powell
Over 35 years of varied mineral processing and operations management experience including 16
years as Project Manager, Process Superintendent, and Mill Superintendent at Cortez Gold Mines,
Barrick Golds and Nevadas largest gold producer. Has extensive processing experience in gold
metallurgy (CIL, CIC and heap leaching), hydrometallurgy, and pyro-metallurgy.

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Tangier Gold Mine, Nova Scotia


Indicated Mineral Resource Estimate
Located ~30 km SW of
Dufferin Gold Grade Threshold Tonnes* Gold Grade Gold Grade (g/t)
(g/t) Uncut 50 g/t Cut
43-101 resource5
1.0 g/t 294,000 5.48 5.48
- 173,000 oz Au 2.0 g/t 206,000 7.23 7.23
indicated + inferred
3.5 g/t 134,000 9.67 9.67
- 405 Kt @ 13.3 g/t Au
- 3.5 g/t cutoff, uncut Inferred Mineral Resource Estimate

2,187 ha in 135 Gold Grade Threshold Tonnes* Gold Grade Gold Grade (g/t)
exploration claims (g/t) Uncut 50 g/t Cut
1.0 g/t 899,000 5.79 4.88
Favorable terms for
acquisition 2.0 g/t 479,000 9.68 7.98
3.5 g/t 271,000 15.09 12.08
5 Mercator Geological Services, 2004 * Rounded

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Forest Hill Gold Mine, Nova Scotia


Indicated Mineral Resource Estimate
Located ~70 km NE of
Dufferin Gold Grade Threshold Tonnes* Gold Grade Gold Grade (g/t)
(g/t) Uncut 50 g/t Cut
43-101 resource6
1.0 g/t 355,000 15.96 10.19
- 326,000 oz Au 3.5 g/t 225,000 24.02 14.91
indicated + inferred
5.0 g/t 199,000 26.48 16.19
- 608 Kt @ 16.7 g/t Au
- 3.5 g/t cutoff, uncut Inferred Mineral Resource Estimate

3,398 ha in 210 Gold Grade Threshold Tonnes* Gold Grade Gold Grade (g/t)
exploration claims (g/t) Uncut 50 g/t Cut
1.0 g/t 716,000 7.51 7.25
Favorable terms for
acquisition 3.5 g/t 383,000 12.42 11.93
5.0 g/t 309,000 14.39 13.79
6 Mercator Geological Services, 2004 * Rounded

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Contact Information
RESOURCE CAPITAL GOLD CORP.
666 Burrard Street #500
Vancouver, BC V6C 3P6
Canada

T 1-604 642 6114


E info@rcgcorp.ca
W rcgcorp.ca

DISCLAIMER
This presentation contains forward-looking statements as defined or implied at common law and within the meaning of the Corporations Law. Such forward-
looking statements may include, without limitation: (i) estimates of future gold, silver and copper sales; (ii) estimates of future cash costs; (iii) estimates of future
capital expenditure; (iv) statements regarding the sensitivity of reserves to commodity prices; and (v) statements regarding future exploration results and the
replacement of reserves.
Where the Company or any of its officers or directors or representatives expresses or implies an expectation or belief as to future events or results, such
expectation or belief is expressed in good faith and the Company or its officers or representatives as the case may be believe to have a reasonable basis for
implying such an expectation or belief. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual
results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, gold,
copper, silver and other metals price volatility, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those
assumed in mining plans, political and operational risks in the countries in which we operate, and governmental regulation and judicial outcomes.
The Company does not undertake any obligations to publicly release revisions to any forward looking statement, to reflect events or circumstances after the
date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

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