ADDED
The registrant had 124,949,691 common shares outstanding as of March 24, 2026.
These forward-looking statements include, but are not limited to, disclosure regarding the review process, anticipated timing and potential outcome of the Company s U.S.
EXIM financing application; the amount of potential debt financing available to the Company through U.S.
Statements concerning mineral resource and mineral reserve estimates may also be deemed to constitute forward-looking information to the extent that such statements involve estimates of the mineralization that may be encountered if the Project is developed and are subject to the assumptions and analysis underlying our Mineral Reserve estimates as outlined herein and in the Technical Report Summary.
With respect to forward-looking information contained herein, the Company has applied several material factors or assumptions including, but not limited to, certain assumptions that the U.S.
EXIM financing application will close and fund within the expected timeframe at the amount equal to or higher than the current indicative amount; that the U.S.
EXIM board will approve the proposed loan on substantially the terms initially indicated by the U.S.
EXIM board and that the Company will be able to satisfy the conditions to signing and closing of the U.S.
Factors that could have a material adverse effect on our business, financial condition, results of operations and growth prospects can be found in Item 1A.
Management s Discussion and Analysis of Financial Condition and Results of Operations and elsewhere in this Annual Report.
REMOVED
The registrant had 71,254,636 common shares outstanding as of March 7, 2025.
Factors that could have a material adverse effect on our business, financial condition, results of operations and growth prospects can be found in Item 1A, Risk Factors , Item 7, Management s Discussion and Analysis of Financial Condition and Results of Operations and elsewhere in this Annual Report.
EXIM ), the prospects of successfully securing financing from U.S.
EXIM or other sources on acceptable terms, or at all, and the expected timing of, and benefits to the Project of, securing such financing from U.S.
Statements concerning mineral resource and mineral reserve estimates may also be deemed to constitute forward-looking information to the extent that such statements involve estimates of the mineralization that may be encountered if a property is developed.
Deposit means a mineralized body which has been physically delineated by sufficient drilling, trenching, and/or underground work, and found to contain a sufficient average grade of metal or metals to warrant further exploration and/or development expenditures; such a deposit does not qualify as a commercially mineable ore body or as containing ore reserves, until final legal, technical, and economic factors have been resolved.
The TRS summarizes, in accordance with the mining property disclosure rules specified in S-K 1300, the technical report titled Stibnite Gold Project, Feasibility Study Technical Report, Valley County, Idaho dated effective December 22, 2020 and issued January 27, 2021 (the 2020 Feasibility Study ), which was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ( NI 43-101 ).
NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosures an issuer makes of scientific and technical information concerning mineral projects.
These standards differ from the mining property disclosure rules specified in S-K 1300.
Accordingly, information concerning mineral deposits from the TRS set forth herein may not be comparable with information made public by companies that report in accordance with NI 43-101.