Currency of Website
We update the information on our website regularly. However, such information is not intended to be a comprehensive review of all matters and developments concerning the Company and we cannot guarantee the accuracy, currency or completeness of the information at all times and assume no responsibility in this regard.
Cautionary Note Regarding Forward-Looking Statements
Our website includes statements and information about our expectations for the future. When we discuss our strategy, business prospects and opportunities, plans and future financial and operating performance, or other things that have not yet taken place, we are making statements considered to be “forward-looking information” or “forward-looking statements” under Canadian and US securities laws, which we refer to collectively as “Forward-Looking Statements” in this website.
There are a few key things to understand about Forward-Looking Statements contained in our website. Firstly, they typically include words and phrases about the future, such as believe, estimate, budget, anticipate, expect, plan, intend, predict, goal, target, forecast, project, scheduled, potential, strategy and proposed, variations of these words and phrases and statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or their negative connotation.
Examples of Forward-Looking Statements contained in our website
- The Company’s exploration activities and programs and its plan and expectations for the Healy project, as well as the timing and costs associated with same;
- the Company’s plan to pursue exploration activities on the Healy project and the timing of same; including statements of the Company’s intent to develop the Healy project or put the Healy project into production;
- statements relating to the business and future activities of, and developments related to the Company and the timing and success of exploration activities generally;
- the Company’s expected business objectives for the next twelve months and requirements for additional capital;
- statements with respect to the future price of platinum, palladium, gold, copper and nickel’
- expectations regarding the Healy project and other projects;
Secondly, Forward-Looking Statements in our website are based on a number of material assumptions, including those we have listed below, which may prove to be incorrect including that there is no material deterioration in general business and economic conditions; that the supply and demand for, deliveries of, and the level and volatility of prices of the Company’s primary metals and minerals develop as expected; that the Company receives regulatory and governmental approvals for its properties on a timely basis; that the Company is able to obtain financing for its properties on reasonable terms; that the Company is able to procure equipment and supplies in sufficient quantities and on a timely basis; that engineering and exploration timetables and capital costs for the Company’s exploration plans are not incorrectly estimated or affected by unforeseen circumstances; that any environmental and other proceedings or disputes are satisfactorily resolved; and that the Company maintain its ongoing relations with its joint venture partner.
Finally, although we believe the expectations expressed in the Forward-Looking Statements are based on reasonable assumptions, these expectations are not guarantees of future performance and actual results and events may be significantly different from what we currently expect, because of the risks associated with our business. Such factors may include, among others, actual results of current exploration activities; actual results of reclamation activities; future metal prices; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental or regulatory approvals or financing or in the completion of exploration activities, as well as those factors discussed in the Company’s continuous disclosure materials available on SEDAR at www.sedar.com. Although the Company 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.
Forward-Looking Statements are designed to help visitors to our website understand management’s current views of Northway’s near and longer term prospects and our operating environment. They may not be appropriate for other purposes. We will not update or revise Forward-Looking Statements on our website unless we are required to by securities laws.
Qualified Person under NI 43-101
The scientific and technical information in our website has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101. All scientific and technical information is supervised and reviewed by [Curtis J. Freeman, B.A., MS, P.Geo of Avalon Development Corp.] and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Freeman has reviewed and approved the scientific and geological technical information contained in our website.
Technical content within this presentation concerning the Healy project is derived from the technical report prepared for the Company on the Healy Project dated December 15, 2018 by Mr. Freeman. The technical report reviews the Healy Project’s geology and mineralization and recommends a further exploration program. A complete copy of the Healy technical report is available for review, in colour, on SEDAR at: www.sedar.com.
Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources
Our website has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of U.S. securities laws. Unless otherwise indicated, all resource and reserve estimates included in our website have been disclosed in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy, and Petroleum Definition Standards on Mineral Resources and Mineral Reserves. NI 43-101 is a rule developed by the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Canadian disclosure standards, including NI 43-101, differ significantly from the requirements of the United States Securities and Exchange Commission (“SEC”), and resource and reserve information contained in our website may not be comparable to similar information disclosed by U.S. companies. In particular, and without limiting the generality of the foregoing, the term “resource” does not equate to the term “reserves”. Under U.S. standards, mineralization may not be classified as a “reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. The SEC’s disclosure standards normally do not permit the inclusion of information concerning “measured mineral resources”, “indicated mineral resources” or “inferred mineral resources” or other descriptions of the amount of mineralization in mineral deposits that do not constitute “reserves” by U.S. standards in documents filed with the SEC. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. U.S. investors should also understand that “inferred mineral resources” have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an “inferred mineral resource” will ever be upgraded to a higher category. Investors are cautioned not to assume that all or any part of an “inferred mineral resource” exists or is economically or legally mineable. Disclosure of “contained ounces” in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute “reserves” by SEC standards as in-place tonnage and grade without reference to unit measures. The requirements of NI 43-101 for disclosure of “reserves” are also not the same as those of the SEC, and reserves disclosed by the Company in accordance with NI 43-101 may not qualify as “reserves” under SEC standards. Accordingly, information concerning mineral deposits contained in our website may not be comparable with information made public by companies that report in accordance with U.S. standards.
Exclusion of Liability
The Company shall not be liable for any claims, expenses, damages (including direct, indirect, special or consequential damages), loss of profits, opportunities or information arising from:
- the use of or reliance on information contained in our website;
- any inaccuracy or omission in such information or failure to keep the information current;
- use of any third party websites linked to our website;
- any Internet software used in connection with our website or computer viruses or other destructive programs encountered as a result of using our website; and
- any other matter connected with our website; even if the Company is made aware of the possibility of such claims, expenses, damages or losses.
Company Not Responsible for Internet Software or Computer Viruses
Due to technical difficulties inherent in the Internet, Internet software or transmission problems could produce inaccurate or incomplete copies of information contained on our website. Computer viruses or other destructive programs may also be inadvertently downloaded from our website. Northway shall not be liable for Internet software, computer viruses or destructive programs and recommends that you install appropriate anti-virus or other protective software.
Website is Provided as a Service Only
Our website is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by Northway to that effect. The information on this website is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to Northway and should not be used for the purpose of making investment decisions concerning Northway securities.
All stock quotes on our website are delayed at least 20 minutes unless otherwise stated. All stock quotes and historical stock price data are provided by third party service providers and are provided for informational purposes only, and are not intended for trading purposes. If you are contemplating trading in the securities of Northway, we strongly advise you to seek independent professional advice before making any investment decision. Northway makes no representation or warranty regarding the accuracy or completeness of any such stock price quotes or historical stock price data and has not taken any steps to verify the adequacy, accuracy or completeness of the information provided herein.