Website Disclosure
ATEX Resources Inc. (“ATEX”) updates the information on this website regularly. However, such information is not intended to be a comprehensive review of all matters and developments concerning ATEX and ATEX cannot guarantee the accuracy, currency or completeness of the information at all times and assumes no responsibility in this regard.
This website and the materials posted on it do not constitute an offer to sell or the solicitation of an offer to buy any securities of ATEX and any representation to the contrary would be unlawful.
Scientific and Technical Information
The technical information presented on the website has been reviewed and approved by Mr. Ben Pullinger, P.Geo., President and CEO of ATEX, registered with the Professional Geoscientists Ontario, who is considered, by virtue of his education, experience and professional association, a qualified person under National Instrument 43-101 – Standard of Disclosure for Mineral Projects (“NI 43-101”). Mr. Pullinger is not considered independent for purposes of NI 43-101 as he is an employee of ATEX. The scientific and technical information related to the MRE has been reviewed and approved by Dr. David F. Machuca-Mory from SRK Consulting (Canada) Inc., an independent qualified person (as defined in NI 43-101).
The estimation of mineral resources is inherently uncertain and involves subjective judgments about many relevant factors. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The accuracy of any such estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation, the anticipated tonnages and grades that will be mined and the estimated level of recovery that will be realized), which may prove to be unreliable and depend, to a certain extent, upon the analysis of drilling results and statistical inferences that may ultimately prove to be inaccurate. Mineral resource estimates may have to be re-estimated based on, among other things: (i) fluctuations in the price of copper and gold; (ii) results of drilling; (iii) metallurgical testing and other studies; (iv) changes in proposed mining operations, including dilution; or (v) the possible failure to receive required permits, approvals and licenses. There is also no certainty that inferred mineral resources will be converted to measured and indicated categories through further drilling, or into mineral reserves, once economic considerations are applied.
Forward Looking Statements
This website may contain statements that constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws, all of which are not historical facts, including but not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; the timing and costs of future exploration activities on ATEX properties; success of exploration activities; permitting timelines and requirements; requirements for additional capital; environmental requirements; planned exploration and development of properties and the results thereof; planned expenditures and budgets and the execution thereof. Often, but not always, forward-looking statements can be identified by the use of words such as “expects,” “plans,” “estimates,” “intends,” “believes,” “could,” “might,” “will”, “budget”, “scheduled”, “forecasts”, “anticipates”, “potential”, “base case” 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”. Forward-looking statements or information involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of ATEX to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Forward-looking statements or information relate to, among other things, ATEX’s corporate strategies, mineral resource estimates and plans for further exploration, which will require additional funding. These forward-looking statements or information are based on management’s current expectations and beliefs as of the date of this presentation and speak only to such date. In making such statements, management has made assumptions regarding, among other things: the accuracy of the estimation of mineral resources; that exploration activities and studies will provide results that support anticipated development activities; that infrastructure anticipated to be developed or operated by third parties will be developed as currently anticipated; that laws, rules and regulations are fairly and impartially observed and enforced; and that the market prices for relevant commodities remain at levels that justify development.
Given the uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking statements or information. They should not be read as guarantees of future performance or result. Information in this presentation is not intended to be a comprehensive review of all matters and developments concerning ATEX and ATEX does not assume any obligation to update, or to publicly announce, any such statements, events or developments, except as required by law. ATEX’s results could differ materially from those anticipated in these forward-looking statements or information.
For additional information on risks and uncertainties, see ATEX’s most recently filed continuous disclosure filings which are available on SEDAR+ at www.sedarplus.ca. The risk factors identified in ATEX’s continuous disclosure filings are not intended to represent a complete list of factors that could affect ATEX.
Disclosure for US Investors
Investors are advised that NI 43-101 requires that each category of mineral resources be reported separately. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The information presented in this presentation may uses the terms “measured,” “indicated” and “inferred” mineral resources. U.S. investors are advised that while such terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize these terms. “Inferred mineral resources” have a great amount of uncertainty as to their existence, and as to their economic feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian regulations, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. U.S. investors are cautioned not to assume that all or any part of measured or indicated mineral resources will ever be converted into mineral reserves. U.S. investors are also cautioned not to assume that all or any part of an inferred mineral resource exists or is economically mineable.
