Conditions Set For Historic Copper Bull Market:
Mining Pros Back Small Copper Company Targeting Next Major Discovery
CopperCorp (TSX.V:CPER) Launches Major Exploration And Drilling Campaign Historic Mining District
Copper prices have soared to record highs.
Surging demand from electric vehicles and global infrastructure projects have laid the foundation in place for sustained, long-term growth.
The copper ‘Renaissance’ has ignited a global race for major new copper discoveries.
A group of legendary mining executives and financial entrepreneurs have started CopperCorp (TSXV:CPER) to capitalize on the long-term potential of copper.
CopperCorp has staked ground in Tasmania, which has over a century of copper mining success and has mapped out an aggressive exploration and development plan.
In this report, you will learn all about:
- The rapidly developing copper opportunity, including how the new staggering demand for copper is driving prices to all-time highs…
- Sweeping geo-political events, particularly in the world’s most productive countries, that could create a major supply crunch…
- How shares in exploration companies like CopperCorp are soaring after they make new copper deposit discoveries…
- The true story of how Tasmania has over 100 years of copper mining history could be on the verge of a great reawakening…
- And how CopperCorp is ramping up a major drilling and exploration campaign.
“Goldman Sachs expects copper price to break all time high in 2022.”
-MetalBulletin
But first, a word about CopperCorp’s foundation.
Like all exploration mining companies, success starts with the people who found the prospective property, packaged it up, and are building CopperCorp around it.
When it comes to CopperCorp, it would be tough to find a better mix of the right people.
Mining Legend Creates CopperCorp
The expertise behind CopperCorp puts it in a strong position to capitalize on the booming market. The company’s founders include geological explorer Doug Kirwin, who has managed exploration teams and been involved in the discovery of several significant mineral deposits spanning a 50 year career.
Co-founder Sam Garrett has over 30 years of mineral exploration, evaluation and development experience. Garrett has discovery credits for the Greatland Gold’s Havieron project, which is in development to become a large, underground mining operation.
CopperCorp’s President, CEO and Director Stephen Swatton has over three decades’ experience in the mining and exploration industry, including BHP and Rio Tinto. He has evaluated over a thousand prospective mining and exploration projects. The leadership is rounded out by experienced financial advisors with in-depth knowledge of capital markets.
“Copper is the new oil.”
-Goldman Sachs
Kirwin is on CopperCorp’s official Technical Team and will play an important role as the company identifies the copper exploration targets with the highest potential, analyzes drilling results, and ramps up exploration efforts to find the next major copper discovery. Garrett is also on the Technical Team and sits on the Board of Directors.
All of this couldn’t be coming together at a better time either because, given the surging copper market and CopperCorp’s aggressive exploration plan, the timing could really be ideal for the company’s success.
The Historic Race For Copper Is Running Full Steam Ahead
That’s because right now there is a massive supply/demand imbalance in the copper industry.
The chart below demonstrates the amazing run copper prices have had.
Copper has done extremely well recently, but the key is what’s coming next.
The market forces which propelled copper to new all-time highs are not going away any time soon.
That’s where things get incredibly interesting for copper mining companies and companies like CopperCorp, which are committed to making the next great copper discovery.
The future of copper will not only be driven by increasing demand or lagging supply.
It’s not either; it’s both supply and demand.
On the demand side, copper is looking as bright as ever.
Copper demand is absolutely soaring right now, and it’s only going to grow in the next few years.
Historical uses for copper have primarily been seen in construction and building (electrical, tubes and piping), electric grids, electronics, and underground infrastructure.
Each one of these is providing strong demand for copper.
That’s why the current copper demand is holding steady. Building, infrastructure, and electronics have been some of the brightest economic spots.
But here’s the thing.
Copper demand is surging from a new source, which is going to propel copper demand for years to come.
It’s coming from Electric Vehicles (EVs).
EVs are the future.
Today, millions are coming off the production line each year.
There were 2.1 million EVs produced in 2019.
There were 2.8 million EVs produced in 2020.
Each year has been record-breaking, and a record high is forecast for every year up to 2030 or 2040.
Each one of those EVs requires a lot of copper.
Specifically, a new hybrid car uses on average 132 pounds of copper, and a new fully battery-powered EV (like a Tesla) uses 183 pounds.
That’s more than two and three times the average 51 pounds of copper for an internal combustion vehicle.
“Green policies all point in the same direction, follow the copper…”
-Investor Intel
Average all that out for the millions of vehicles, and you are looking at up to 100 million pounds of copper each year.
So, with copper demand already fundamentally strong, the global EV boom is adding another layer onto an already strong copper demand.
And this isn’t even counting the build out of new public charging stations, home charging stations, and the 50 amp-rated copper cable running throughout them.
That’s the demand side, which has been strong enough to drive copper prices to the highest they’ve been in decades.
Normally strong demand is enough to send commodity prices to new highs.
After all, if we look at oil back in the early 2000s, the emergence of China’s economy and its thirst for energy catapulted oil prices from below $10 to more than $100.
That was driven by a rise in annual oil consumption from 74 million barrels per day to 88 million barrels per day.
That’s an increase in demand of only 19%.
The demand from EVs is going to add a similar layer of demand on top of an already surging copper market, and the market value of copper could be headed much higher in the long run.
But that’s just the demand side.
The supply side of the future copper market may be an even more compelling catalyst for higher copper prices than surging, record-high demand.
The future of copper supply is not a strong one, because significant new copper discoveries are getting fewer and fewer.
And the discoveries are not only fewer, but they are also generally getting smaller than the historical ‘monster’ discoveries of the last century.
This chart below shows the decline in copper discoveries, the lack of new discoveries, and the elevated exploration expenditure all in one picture:
It’s easy to see the how weak the supply side of the copper industry could become in the years ahead.
With few big, economical copper discoveries being made, the size, scale, and number of future mines is projected to be reduced as well.
Again, keep in mind, this is all happening at a time when projected demand for copper is high.
So, this isn’t a supply problem or a demand problem.
It’s both.
The most likely outcome from all this is higher prices, a surge in interest in copper, and more exploration for copper discoveries.
That’s why investors are racing to exploration companies like CopperCorp which have the potential to make the next major copper discovery, sending shares in these companies soaring.
Copper Stocks Are Climbing…And A Small Group Is Exploding
The copper stock sector has been quietly building over the last few years as the supply/demand imbalance in copper starts to come into crushing focus.
However, the rise in copper stocks has really accelerated in the last year or so.
As a result, every part of the copper stock sector has climbed steadily recently, and the share price of companies making new copper discoveries have absolutely exploded.
Just look at how the big copper stocks have moved.
“Base metal stocks shine as supply crunch, EV push lift copper, zinc prices”
-Business Standard
We’ll start with some of the biggest and work our way down to the smaller ones which are doing even better.
First is Freeport McMoRan (FCX).
Freeport is one of the largest copper-focused mining companies in the world.
The company has been building itself out as a premier copper miner with operations all over the world for decades.
The last couple of years have been particularly outstanding for investors though.
Freeport’s stock has soared from around $10 per share before the pandemic sell-off in 2020, to a recent high of more than $40 each.
Going from trough to peak, that’s a 700%+ rise.
That’s just one example of the kind of stock gains rising copper prices can deliver to miners.
Even in big miners like Freeport and Southern Copper (SCC), another copper mining heavyweight.
Although it’s a big company – with more than $6 billion in mining revenue – its shares have risen in a big way because of copper.
The chart below demonstrates the move from $24 to more than $80:
Whether you take them from the pandemic sell-off lows or an average around there, these are some substantial gains for a large, established mining company.
Again, Freeport and Southern Copper are some of the “big boys” of the mining industry.
As we go down to smaller companies which are still building out mines, the gains are even bigger.
Take Ivanhoe Mines (CAN:IVN / US:IVPAF), for example.
Ivanhoe owns one of the premier copper-based mineral deposits.
It is huge, high grade, and should be spinning out profits for decades ahead.
The catch is that all its most valuable copper assets are in the Democratic Republic of Congo, one of the most challenging mining jurisdictions in the world.
That combination makes a solid mid-tier copper stock.
As the chart below shows, after a few years of treading water, the current copper run has sent Ivanhoe shares soaring:
Overall, the stock has climbed 400% in a little over a year.
It’s been in a similar situation to other mid-tier copper companies.
Copper Mountain (CAN:CMMC ) is another mid-tier copper miner with shares that are absolutely taking off in the current copper market.
Copper Mountain’s mine is in British Columbia, Canada.
For years the stock has – at best – tread water.
But, when the copper upswing came, Copper Mountain swung up right along with it.
The chart below shows Copper Mountain taking off recently:
Even if we go with a pre-pandemic starting point of C$0.75 per share, it’s still a potential 600%+ winner.
Any way you break it down, these are enormous gains over a brief period of time.
However, the real excitement (and huge gains) are in the small exploration companies, which have made big copper discoveries.
Remember we went over how copper discoveries are declining, and the size of them are in decline too?
Well, as a result, new copper deposit discoveries are more valuable than ever.
You can see proof of this in the gains that some copper exploration stocks have seen over the last few months.
Kodiak Copper (CAN:KDK / US:KDKCF) is one example of what happens during a big copper discovery.
The stock tripled after the discovery was announced.
And, considering the state of the copper mining industry, the stock has kept running.
All in all, Kodiak shares ran from C$0.45 cents before the discovery to C$3.37, just a month from discovery to peak.
That’s a 648% move in just a month.
More importantly, it shows how valuable a copper discovery is.
Kodiak’s huge run is just one example.
FILO Mining (CAN:FIL / US:FLMMF) is another example.
FILO Mining is exploring for copper and gold.
The Filo Del Sol project is in the heart of the copper belt in the Andes Mountains, spread over both Argentina and Chile.
The chart below shows how FILO was treading water while it was drilling away, looking for evidence of a big copper deposit.
Investor anticipation was building steadily as it got closer to releasing the results of its drilling activity.
Then, it announced a major copper discovery, and the stock soared.
You can see the long dead period, buildup of anticipation, and the monster surge after it announced its discovery in the chart below:
FILO ran from a 2021 low of C$1.80 per share to post-discovery peak of C$11.97.
That’s a total run of 565% from a single copper discovery.
These are just a few examples, but they prove the point.
Copper discoveries are extremely valuable, and they can cause a miner’s share price to skyrocket overnight.
Again, all these huge gains have hit the copper stock sector so far.
They’re not even including more gains to come as structural demand for copper continues to rise and future supply of copper dwindles.
That has the potential to make these copper stocks and discoveries even more valuable in the future.
And it would make these already sizeable gains even bigger.
That’s why Dear Retail Investors is issuing this report on copper now.
Because CopperCorp has the potential to join all these major copper success stories in the next few weeks.
Here’s the setup.
CopperCorp: Next Hot Copper Stock Set For Major IPO
You’ve already seen specifically how all parts of the copper stock sector have done over the last few years.
Every part of it is experiencing big gains.
The major copper producers…the mid-tier copper plays…and especially the copper exploration companies.
They’ve all done well.
Frankly, they’ve all had their big runs.
Investors looking to cash in on the explosive copper market today should turn their focus on the next round of copper stock winners.
That’s where CopperCorp finds its place in the unfolding copper bull market trajectory.
Put it all together, and CopperCorp, at this early stage in its development, has all the potential to be one of the breakout copper stocks of the year because of its asset base.
Copper Bull Set To Take Next Giant Step Forward In Prolific Australian Mining Belt
CopperCorp sits right at the center of this exploding copper market because of a recent geological discovery that has unlocked some of the largest and most profitable mines in the world.
You see, most copper is found along major fault lines in what are called Porphyry deposits.
That’s why a country the size of Chile, which rests along the Andes Mountain range, can produce 28% of the world’s copper.
But that all changed in the last few decades, as the emergence of a mineral type of deposit called Iron-Oxide-Copper-Gold, or simply IOCG, has proven to be a significant contributor to the copper inventory.
The discovery of the value of IOCG has resulted in one of the largest world-class mines in the entire world: the 3 billion tonne Olympic Dam deposit, located in Australia
“IOCG deposits provide a large-scale, low-cost mining opportunity”
-Investing News
It’s tough to describe how truly massive the Olympic Dam deposit and mining operation are.
If it was measured by copper, it would be the 4th largest copper discovery in history.
If measured by the gold it contains, it would eb the 5th largest gold discovery in history.
Add in the iron ore, silver, and uranium, and you’re quickly seeing why Olympic Dam is the crown jewel of BHP Billiton.
BHP is not just a mining giant, it is also one of the largest 100 publicly-traded companies in the world with a market capitalization that’s greater than IBM, Boeing, and Target.
BHP is huge, and the Olympic Dam mine is a big part of the mining giant’s cash flows, earnings, and market value.
But what’s key here is the geological history of the Olympic Dam mine and the major geological trend it is found in.
The map below shows Australia’s largest mining regions.
Tasmania has a long history of mining – especially copper – and could be the epicenter of a Renaissance in copper exploration and development.
This is where you’ll find the copper exploration assets initially identified by Doug Kirwin and Sam Garrett which CopperCorp has acquired.
Tasmania: Centuries Of Copper Mining Success
CopperCorp has acquired one of the most highly prospective copper exploration districts in Tasmania.
Given Tasmania’s long history of copper mining, that’s really saying something.
Tasmania has a long history of mining.
The country’s mining history stretches back more than a century, with a 150-year history of copper exploration and mining.
The country has built up the critical infrastructure, workforce, and legal framework essential to being a sought after and successful region for mining development.
Tasmania has strong government and local community support for mining projects.
Tasmania was ranked the second-best Australian state in Mining Journal’s World Risk Report 2018, Investment Risk Index.
The country is blessed with an abundance of natural resources.
One of the best examples of is the Mt. Lyell mine.
The Mt Lyell mine has long history, and it has survived many of the biggest swings in the mining industry.
It was discovered in 1893 and although it has changed ownership many times over the last 128 years, is still a copper producer today.
In short, Tasmania has copper. Historically, a lot of it.
That is precisely what CopperCorp is targeting in its exploration campaign.
CopperCorp Stakes Claim In Historic Tasmania Mining Region
CopperCorp’s large package of mineral exploration sits right in the heart of the Tasmania’s major mining belt.
Now, two thirds of Tasmania is off limits to mining, but CopperCorp has managed to acquire an asset in a district where exploration and mining is permitted.
The company’s focus is on the part of these copper exploration targets that it is calling the ‘Alpine Copper Project’.
The image below is from CopperCorp’s Investor Presentation and features the geophysical anomaly found across the Alpine Copper Project:
The anomalies show the potential for a giant, IOCG-type, discovery to be made here.
But there’s a lot of work to do from there.
This work includes soil sampling, soil sampling, gridding, and gravity and IP geophysical surveys (commenced and ongoing), and metallurgical testing.
There is also drilling.
In April, CopperCorp announced a 4,000-meter drilling campaign to explore the potential of the Alpine Project extensively.
The map below shows the company’s drilling targets overlayed on the geophysical modeling of the property:
You can quickly see how the exploration and drilling efforts are spread across the project.
CopperCorp is drilling for a major discovery, putting it in prime position to become another major copper exploration success.
Not to mention, it has the experts in place necessary to succeed in doing so.
CopperCorp Leadership Team
CopperCorp has a lot going for it, and it is building up something exciting at a time when copper and copper deposits are exploding in value and making early investors fortunes.
But what really sets CopperCorp apart are the mining industry veterans, which it has attracted to its leadership:
Stephen Swatton, CEO, Director – is responsible for the vision and direction of CopperCorp, stewarding its assets and leading its team to create value for shareholders. Steve is a geologist with 30+ years of experience and has led multiple junior exploration companies through the exploration phase, including Fortress Minerals which became Lundin Gold. He has also led large technical and corporate development teams (BHP & Rio Tinto), evaluated thousands of projects, raised over $300M, and navigated jurisdictional challenges across the globe.
Eoin Saadien, Chairman, Founder – is Chairman, co-founder and a significant shareholder in CopperCorp. Eoin leads CopperCorp’s Board of Directors and is responsible for upholding corporate governance and keeping management accountable. In his 20+ years of experience in the capital markets, Eoin has been on both the buy side (Morgan Stanley, Ivanhoe Capital) and sell side (Clermont Group), and he understands acutely how to create and realize value.
Craig Roberts, Director – leverages his 35+ years of experience in mining operations and investment banking to support CopperCorp in advancing and growing its asset base, raising capital, and navigating M&A opportunities. Craig is currently the CEO of New Found Gold Corp.
Aaron Keay, Director – is an investor, capital markets professional, and the largest individual shareholder of CopperCorp. He is a founder of Klutch Financial, has extensive M&A experience, and has raised over a billion dollars in the past ten years as an executive and board member.
Rob Scott, CFO – brings 20+ years of managing the back end of junior mining companies, ensuring financial disclosure and compliance, and supporting the highly complicated mechanics of M&A.
Sam Garett, Director, Founder – has over 30 years of exploration management, project assessment and operational experience working for large multi‐national and junior mining and exploration companies, including roles with Phelps Dodge Corporation and Cyprus Gold. Sam has worked in eleven countries covering a broad range of geological environments including IOCG and porphyry copper discovery credits. He is a specialist in copper and gold exploration with additional experience in iron ore, base metals and other specialist commodities.
Doug Kirwin, Senior Technical Advisor, Founder – was previously Executive VP of Ivanhoe Mines and has managed exploration teams involved in the discovery of several significant mineral deposits spanning a 50 year career. A number of these have since been successfully developed into mines, including the South West and Hugo Dummett copper-gold ore bodies at Oyu Tolgoi in Mongolia, where 34% was bought by Rio Tinto. Doug collaborated closely with Sam, Sean and Eoin for over a year in evaluating CopperCorp’s project portfolio and supported the development of the initial and ongoing exploration program.
Sean Westbrook, VP Exploration, Founder – is a native Tasmanian and was responsible for the assembly of CopperCorp’s project portfolio. He leverages his 20+ years of experience to lead the local geology and drilling teams in executing the exploration program, as well as all the communications with local vendors and stakeholders. Sean also leads all the required studies for permitting and environmental compliance.
Leo Hathaway, Advisor – is a geologist that holds the distinct position of serving on boards and executive teams for two of the biggest mining entrepreneurs of all time, Lukas Lundin (Lundin Group) and Ross Beaty (Lumina Group). Leo offers support to CopperCorp with his decades of experience and network of mining, exploration, and finance professionals that only know how to be successful.
John Robins – is successful geologist and entrepreneur who has been involved with over $1Bn in M&A activity in his career. John brings his passion for discovery to the CopperCorp Advisory Board along with a wealth of knowledge and experience in project evaluation and development, M&A and capital markets.
Conclusion
In the end, CopperCorp is at the beginning of a potentially big run with many tailwinds at its back.
The drivers of copper prices include strong supply side and demand side conditions.
Copper demand from traditional sources including infrastructure and electronics is strong, while surging demand from Electric Vehicles is driving demand steadily higher.
Copper supply, meanwhile, could be entering a period of decline because of a lack of new major copper discoveries.
The entire combination has propelled copper prices to record highs, but copper’s run could still be just getting started. Goldman Sachs and others have publicly forecasted even higher prices in the future.
All of this is bringing renewed investor interest into copper stocks.
The copper stocks we went over earlier have all soared recently. The big copper miners have moved up significantly, the mid-tier plays have followed suit, and the copper exploration stocks have soared after making discoveries.
Tasmania has a long and successful history of mining, and it is quickly emerging as a major potential supply source for new copper discoveries and renewed copper mine production.
Finally, CopperCorp is targeting a major Iron-Oxide-Copper-Gold (IOCG), which is the same type of mineral deposit behind some of the largest mines in Australia.
CopperCorp, with its recently completed public listing, aggressive exploration and drilling program, and top-tier management leadership team, is in position to potentially be another major copper success story.
Investors looking to capitalize on copper should be taking a long look at CopperCorp now.
Sources
IEA Report on minerals and clean energy – https://iea.blob.core.windows.net/assets/24d5dfbb-a77a-4647-abcc-667867207f74/TheRoleofCriticalMineralsinCleanEnergyTransitions.pdf
Copper discoveries chart – https://www.spglobal.com/marketintelligence/en/news-insights/blog/major-copper-deposit-dismal-discovery-rate-continues
Copper per car type: https://www.reuters.com/article/sponsored/copper-electric-vehicle
Goldman Sachs copper 2022 – https://www.metalbulletin.com/Article/3964633/Goldman-Sachs-expects-copper-price-to-break-all-time-high-in-2022.html
Goldman Sachs quote – Copper is the new oil – https://www.goldmansachs.com/insights/podcasts/episodes/05-18-2021-nick-snowdon.html
Copper crunch quote – https://www.business-standard.com/article/companies/base-metals-stocks-shine-as-supply-crunch-ev-push-lift-copper-zinc-prices-121022201119_1.html
Investor Intel copper quote – https://investorintel.com/market-analysis/market-analysis-intel/follow-the-copper/
You Tolgoi – 4th Largest Copper Mine at full production – https://www.greencarcongress.com/2020/12/20201217-riotinto.html
*IMPORTANT! BY READING THE CONTENT IN THIS PUBLICATION YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
PAID ADVERTISEMENT: Dear Retail Corp., and its owners, directors, officers, employees, consultants, agents, affiliates and assigns (collectively, “Dear Retail”) have been compensated to conduct an awareness advertising and marketing campaign of the profiled company. Therefore, this communication should be viewed as a commercial advertisement only. This communication is not a recommendation to buy or sell any securities or make any investment in the profile company. Dear Retail has been paid $50,000 on behalf of the profiled company to disseminate this publication, other publications and newsletters and certain banner ads. This compensation is a major conflict with Dear Retail’s ability to be unbiased.
Dear Retail may hold, as well as purchase and sell, the securities of this profiled company before, during and after the time that Dear Retail publishes favorable information about the profiled company. The purchase and sale by Dear Retail of securities of this profiled company may cause: (a) a decline in the price of the profiled company’s stock due to such selling activities, (b) increased volatility due to such buying and selling of the profiled company’s stock and (c) permit Dear Retail to make substantial profits while it is profiling this company, yet may result in a diminished value or loss for readers of this publication who invest in the profiled company.
The content in this publication is a snapshot that provides only positive information on the profiled company. Dear Retail does not and will not publish negative information about the profiled company. Accordingly, readers should consider the information to be one-sided and not balanced, complete, accurate, truthful or reliable.
Frequently companies profiled in Dear Retail’s publications experience a large increase in volume and share price during the course of the awareness advertising and marketing campaign, which increase in volume and share price often ends as soon as the awareness advertising and marketing campaign ceases.
NOT AN INVESTMENT ADVISOR AND NOT INVESTMENT ADVICE. Neither Dear Retail nor anyone involved in this publication is a registered investment advisor, broker-dealer or securities professional or associated with a registered investment advisor or broker-dealer. You understand that the information presented in this publication is provided for informative purposes only and that no content constitutes or should be treated as a recommendation to make any specific investment or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person.
RISK OF INVESTING. Investing is inherently risky. Readers must consult with their own investment advisor before making any investment decisions and should understand the risks associated with an investment in the profiled company’s securities, including, but not limited to, the complete loss of your investment. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to buy/sell securities. No representation is being made that any reader will or is likely to achieve profits similar to those discussed in the publication. The past performance of any security is not necessarily indicative of future results. Dear Retail does not guarantee that any of the profiled companies mentioned in this publication will perform as it expects, and any comparisons that have been made to other companies may not be valid or come into effect.
ALWAYS DO YOUR OWN RESEARCH TO CONFIRM THE ACCURACY OF ANY INFORMATION IN THIS PUBLICATION AND CONSULT WITH A LICENSED INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT. This publication should not be used or relied upon as a basis for making any investment and never invest purely based on Dear Retail’s publications, newsletters or website. You must obtain more specific or professional advice before taking, or refraining from, any action or inaction on the basis of the content on this publication.
INFORMATION PRESENTED: THERE CAN BE NO ASSURANCE THAT CONTENT IN THIS PUBLICATION IS ACCURATE OR WITHOUT ERROR. ANY PERSON WHO MAKES USE OF SUCH CONTENT AFFIRMATIVELY ASSUMES ALL RISKS FROM USING THE CONTENT. Dear Retail has not thoroughly investigated the background of the profiled company. Dear Retail does not guarantee the timeliness, accuracy, or completeness of the information on Dear Retail’s website, in its newsletters or in this publication. Such information is collected from public filings (including without limitation, www.sedar.com and www.sec.gov) and other sources deemed to be reliable, such as the profiled company’s website and press releases, and is provided “as is” in good faith, but has not been independently researched or verified and is not guaranteed to be correct.
DISCLAIMER FOR FORWARD-LOOKING INFORMATION: In addition to historical information, this publication contains forward-looking statements, which are forward-looking and prospective in nature. The words “will,” “expects,” “could,” “would,” “may,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “targets,” “estimates,” “looks for,” “looks to,” “continues” and similar expressions, as well as statements regarding a third party’s focus for the future, are generally intended to identify forward-looking statements. Each of the forward-looking statements made in this publication are based on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Although Dear Retail believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Forward-looking statements in this article include statements regarding the future business plans of the profiled company and include the following statements: [insert forward looking statements]. In addition, factors that might cause or contribute to such differences include, but are not limited to, those disclosed by the profiled company in their public securities filings found on www.sedar.com. You should carefully review the risks described therein. You should not place undue reliance on these forward looking statements, which speak only as of the date such statement was published. Dear Retail undertakes no obligation to publicly release any updates or revisions to the forward-looking statements or reflect events or circumstances after the date of their publication, except as required by law.
INDEMNIFICATION/RELEASE OF LIABILITY. By reading this publication, you agree to the terms of this disclaimer and the terms and conditions set out in Dear Retail’s Website Agreement – Terms and Conditions of Use which can be found at www.dearretailinvestors.com. You agree to release and hold harmless Dear Retail from any and all liability, damages, and injury that may be caused from the information contained in this publication. You further warrant that you are solely responsible for any financial outcome that may come from any investment decisions that you make.
