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SRB Serabi Gold Plc

64.00
3.00 (4.92%)
Last Updated: 10:00:25
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Serabi Gold Plc LSE:SRB London Ordinary Share GB00BG5NDX91 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.00 4.92% 64.00 63.00 65.00 64.00 61.00 61.00 117,354 10:00:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 58.71M -983k -0.0130 -49.23 48.47M

Serabi Gold plc Visible Gold With Intersection Of 7.2m At 258g/T Gold Underpins Further Exploration Success At São Domingos.

07/04/2021 7:00am

UK Regulatory


 
TIDMSRB 
 
 
   For immediate release 
 
   7 April 2021 
 
   Serabi Gold plc 
 
   ("Serabi" or the "Company") 
 
   Visible gold with intersection of 7.2m at 258g/t gold underpins further 
exploration success at São Domingos. 
 
   Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining 
and development company, is pleased to announce highly encouraging 
exploration drilling results from the Toucano trend at its São 
Domingos project, as well as very encouraging results from its regional 
geochemical survey also at São Domingos. 
 
   A PDF version of this announcement, including all images, can be 
accessed using the following link - 
https://www.globenewswire.com/Tracker?data=FKzm0oC-GE1wWLHJ1c0xXptGFZWR5lQGUl6TuWHAfzPBXio4GP2BZeFwG1C1pLtgjN0TJKIaWFRZrSi2f3A4Zu3AaQlfHgAYFPVRRz_7gpM= 
https://bit.ly/31UTcdv 
 
   Highlights 
 
 
   -- Visible gold was identified in hole 21-SD-010 which returned a number of 
      intersections including 7.15 metres at 258.24 grammes per tonne ("g/t") 
      of gold. 
 
   -- Drilling on the Toucano trend at São Domingos has intersected three 
      mineralised structures, all hosted within a mineralised alteration zone 
      with a true width of 50 metres. 
 
   -- Mineralisation is confirmed along at least a 400 metre strike length and 
      remains open at depth and along strike. 
 
   -- Significant new results received include. 
 
 
   -- 21-SD-010 -- 7.40m @ 1.95/t Au from 141.00m, including 1.90m @ 5.12g/t Au 
 
   -- 21-SD-010 -- 7.00m @ 9.68g/t Au from 151.55m, including 1.40m @ 26.24g/t 
      Au 
 
   -- 21-SD-010 -- 7.15m @ 258.24g/t Au from 172.85m, including 3.55m @ 
      519.45g/t Au 
 
   -- 21-SD-005 -- 0.80m @ 89.03g/t Au from 140.00m 
 
   -- 21-SD-005 -- 4.70m @ 1.42g/t Au from 76.00m 
 
   -- 21-SD-003 -- 0.50m @ 6.22g/t Au from 42.00m 
 
   -- 21-SD-003 -- 1.80m @ 3.77/t Au from 67.25m 
 
 
   -- A Soil Sample geochemical survey, undertaken in the eastern area of the 
      São Domingos tenement that runs into the western part of the Sao 
      Chico Mining License, has defined multiple areas of anomalous gold in 
      soils.  These gold in soil anomalies are coincidental with and supported 
      by other multi-element anomalies. 
 
 
   Mike Hodgson, CEO of Serabi, commented: 
 
   "These are an excellent set of further results and follow up on the 
maiden press release for exploration at São Domingos issued on 22 
January 2021.  Holes 21-SD-003 and 21-SD-010, together with the 
previously reported hole 21-SD-001, have all been drilled on the same 
drill cross section and the collective results are building a very 
encouraging picture.  We have identified multiple high-grade veins, of 
which at least 3 are significant, in a 50 metre wide, sub-vertical, 
mineralised alteration zone.  Hole 010 is the current highlight, where a 
drilled width totalling 70 metres of alteration was cut, within which 
multiple high-grade intersections including 9.68 g/t Au over 7.0 metres, 
26.24 g/t Au over 1.40 metres and 258.24 g/t Au over 7.15 metres 
including 519.45 g/t Au over 3.55 metres were recorded.  Visible gold 
was recorded in this last intersection (see Figure 1). 
 
   "With holes 21-SD-005 and 21-SD-002, drilled on the next step out 
section, 200 metres to the north east along strike, returning further 
encouraging intersections including gold grades of up to 89 g/t, we are 
very encouraged with how Toucano is evolving.  The plan is to complete 
the drilling along section 1 (see Figure 2) over the Toucano pit area to 
establish the full strike width of the mineralised zone, before moving 
along strike to the north east and south west, and repeating the 
drilling on a series of parallel sections.  With artisanal activity and 
initial drilling already in place, we have a potential strike of 600 
metres, and the plan is to replicate the drill coverage undertaken on 
the central section over that entire strike length. 
 
   To view the image of visible gold from hole 21-SD-010, please click on 
this link - 
https://www.globenewswire.com/Tracker?data=FKzm0oC-GE1wWLHJ1c0xXh0zbWbgsFWtVxJoPYagx1loaLtUSaxdtNI9_eBlU787w3NOYoz2tKoSub9QQmb87GqTCJR5ESR98Yyni99Py1k= 
https://bit.ly/2OplxW4 
 
   Figure 1 - Visible Gold from 21-SD-010 @ 175.40m down hole depth. 
 
   To view the image of the São Domingos drill plan, please click on 
this link - 
https://www.globenewswire.com/Tracker?data=FKzm0oC-GE1wWLHJ1c0xXrk8af-8lqfUqTVRtFAlrmTBolrXv-B0m4R5uZk6dShvT57ECaJXVGYjj8mkQ_nE7TB8hzKghJT_xw2iR781L4Q= 
https://bit.ly/2RgVoKp 
 
   Figure 2 - São Domingos drill plan and results for the Toucano 
trend. 
 
   To view the image of the São Domingos drill section 1, please click 
on this link - 
https://www.globenewswire.com/Tracker?data=FKzm0oC-GE1wWLHJ1c0xXoz4YG7H_YwTtnH4KSpqTTwqCUi49IZ5kMs124XESabkW_uXc1PkrRtGf6FoHyp8GVef0MU4vYVCY35BUrVydXA= 
https://bit.ly/3utPqnu 
 
   Figure 3 -- São Domingos drill section 1 on the Toucano trend. 
 
   DRILLING RESULTS 
 
   Drilling in the São Domingos prospect has focussed on the Toucano 
trend, with assay results received from 10 of the holes completed. The 
Toucano trend is defined by a broad 50 metre true width hydrothermal 
alteration zone with anomalous gold mineralisation in which Serabi 
geologists have interpreted a series of quartz veined fault structures 
containing higher grade zones. 
 
   Significant new drilling results are set out in the table below: 
 
 
 
 
                                      Depth                                 Width    Gold 
   Hole      East     West      RL     (m)      Dip/Azm      From     To     (m)    Grade 
----------                    ------  ------                                ----- 
            (WGS84)  (WGS84)                  (deg/degUTM)   (m)     (m)           (Au g/t) 
----------  -------  -------  ------  ------  ------------  ------  ------  -----  -------- 
20-SD-002    604161  9290883  219.82  135.25       -45/150  106.00  107.00   1.00      1.36 
                                                            109.80  110.10   0.30      2.28 
20-SD-003    604081  9290682  244.16  151.00       -65/290   42.00   42.50   0.50      6.22 
                                                             47.55   49.50   1.95      1.84 
                                                             57.50   62.80   5.30      0.72 
                                                             59.00   60.70   1.70      1.08 
                                                             64.50   65.00   0.50      0.51 
                                                             67.25   69.05   1.80      3.77 
                                                             71.50   72.00   0.50      0.56 
                                                            133.00  134.00   1.00      0.91 
                                                     Incl.  133.65  134.00   0.35      1.15 
                                                            137.00  137.50   0.50      0.84 
                                                            143.00  144.00   1.00      0.56 
                                                            145.50  146.50   1.00      2.83 
21-SD-004    604108  9290799  226.00  156.01       -50/140    0.00    1.90   1.90      1.92 
                                                     Incl.    0.00    1.00   1.00      2.84 
----------  -------  -------  ------  ------  ------------  ------  ------  -----  -------- 
21-SD-005    604169  9290876  229.00  166.57       -55/143     1.2     2.4    1.2      3.27 
                                                             51.40   52.30   0.90      2.94 
                                                             76.00   80.70   4.70      1.42 
                                                     Incl.   76.00   77.50   1.50      2.82 
                                                            101.00  101.50   0.50      0.56 
                                                            140.00  140.80   0.80     89.03 
21-SD-006    604229  9290958  216.00  208.14       -45/140  173.55  175.00   1.45      1.02 
                                                     Incl.  174.25  175.00   0.75      1.16 
----------  -------  -------  ------  ------                ------  ------  -----  -------- 
21-SD-010    603988  9290764  232.00  239.93       -50/138  133.45  134.30   0.85      0.77 
                                                            135.75  136.25   0.50      0.79 
                                                            139.00  139.50   0.50      2.62 
                                                            141.00  148.40   7.40      1.95 
                                                     Incl.  146.50  148.40   1.90      5.12 
                                                            151.55  158.55   7.00      9.68 
                                                     Incl.  156.60  158.00   1.40     26.24 
                                                            161.00  164.00   3.00      1.17 
                                                     Incl.  162.50  163.00   0.50      4.80 
                                                            172.85  180.00   7.15    258.24 
                                                     Incl.  175.00  178.55   3.55    519.45 
                                                            181.50  185.00   3.50      0.90 
                                                     Incl.  182.00  183.70   1.70      1.27 
                                                            191.00  191.50   0.50      0.58 
 
Reported intercepts calculated based on a minimum 
 weighted average grade of 0.5g/t Au using a 0.5g/t 
 Au weighted average lower cut and a maximum internal 
 waste interval of 1.2m based on ALS and Serabi's on-site 
 lab reported analyses. The majority of the assay results 
 reported within this release are those provided by 
 the Company's own on-site laboratory facilities at 
 Palito and have not yet been independently verified. 
 Serabi closely monitors the performance of its own 
 facility against results from independent laboratory 
 analysis for quality control purpose. As a matter 
 of normal practice, the Company sends duplicate samples 
 derived from a variety of the Company's activities 
 to accredited laboratory facilities for independent 
 verification. Since mid-2019, over 10,000 exploration 
 drill core samples have been assayed at both the Palito 
 laboratory and certified external laboratory, in most 
 cases the ALS laboratory in Belo Horizonte, Brazil. 
 When comparing significant assays with grades exceeding 
 1 g/t gold, comparison between Palito versus external 
 results record an average over-estimation by the Palito 
 laboratory of 6.7% over this period. Based on the 
 results of this work, the Company's management are 
 satisfied that the Company's own facility shows sufficiently 
 good correlation with independent laboratory facilities 
 for exploration drill samples. The Company would expect 
 that in the preparation of any future independent 
 Reserve/Resource statement undertaken in compliance 
 with a recognised standard, the independent authors 
 of such a statement would not use Palito assay results 
 without sufficient duplicates from an appropriately 
 certificated laboratory. 
------------------------------------------------------------------------------------------- 
 
 
   SOIL GEOCHEMICAL SAMPLING 
 
   Geochemical data from soil sampling in the Fofoca area was integrated 
with historical data from the São Domingos area, and delineated 
multiple areas of anomalous gold in soils, supported by multi-element 
anomalism. 
 
   Three significant targets have evolved from this new soil geochemistry 
data and integration exercise. 
 
 
   -- The three-kilometre-long gold in soil "Pedro Trend" is interpreted as a 
      strike extension of the Fofoca mineralisation in the adjacent tenement 
      and is supported by a copper/arsenic/antimony anomalism.  Multiple gold 
      in soil anomalies nearby with similar orientations, suggest parallel 
      mineralised structures. 
 
   -- The one-kilometre-long gold in soil "Messias Trend" is interpreted as a 
      strike extension to the high-grade Messias garimpo in the south east of 
      the São Domingos area and is supported by 
      copper/molybdenum/bismuth/antimony anomalism. 
 
   -- A 1 kilometre by 1.5-kilometre gold in soil anomaly of more than 30ppb, 
      occurs two kilometres directly west of the Cicada target. This new target 
      contains a strong copper/molybdenum/gold/tungsten core, with distal 
      gold/antimony/tellurium/bismuth, a geochemical signature characteristic 
      of oxidised Intrusion Related Gold Systems. The absence of artisanal 
      mining over the target suggests a disseminated style of mineralisation 
      and this intrusive centre may be interpreted as a potential source for 
      mineralisation at the nearby Abelha, Besouro and Cicada targets. 
 
 
 
 
   To view and image of the Sao Domingos soil geochemistry please click on 
this link - 
https://www.globenewswire.com/Tracker?data=FKzm0oC-GE1wWLHJ1c0xXlT-S8YqE6ExEQJSgF7XHs4GwHnpefkDREGJgutE7Zv-3DWD9qtpTtED0IG6xrcfc-hxWOsGTWPbTeVXl3sXc0M= 
https://bit.ly/3ukG0e6 
 
   Figure 4 - Sao Domingos gold and multi-element soil geochemistry. 
 
   This announcement is inside information for the purposes of Article 7 of 
Regulation 596/2014. 
 
   The person who arranged for the release of this announcement on behalf 
of the Company was Clive Line, Director. 
 
   Enquiries: 
 
 
 
 
Serabi Gold plc 
Michael Hodgson                           Tel: +44 (0)20 7246 6830 
Chief Executive                           Mobile: +44 (0)7799 473621 
 
Clive Line                                Tel: +44 (0)20 7246 6830 
Finance Director                          Mobile: +44 (0)7710 151692 
 
Email: contact@serabigold.com 
---------------------------------------- 
Website: www.serabigold.com 
---------------------------------------- 
 
Beaumont Cornish Limited 
 Nominated Adviser and Financial Adviser 
Roland Cornish                            Tel: +44 (0)20 7628 3396 
Michael Cornish                           Tel: +44 (0)20 7628 3396 
 
Peel Hunt LLP 
 UK Broker 
Ross Allister                             Tel: +44 (0)20 7418 8900 
 
 
   Copies of this announcement are available from the Company's website at 
www.serabigold.com. 
 
   Neither the Toronto Stock Exchange, nor any other securities regulatory 
authority, has approved or disapproved of the contents of this 
announcement. 
 
   GLOSSARY OF TERMS 
 
 
 
 
"Ag"                means silver. 
------------------  ---------------------------------------------------------------- 
"Au"                means gold. 
------------------  ---------------------------------------------------------------- 
"assay"             in economic geology, means to analyse the proportions 
                     of metal in a rock or overburden sample; to test an 
                     ore or mineral for composition, purity, weight or 
                     other properties of commercial interest. 
------------------  ---------------------------------------------------------------- 
"CIM"               means the Canadian Institute of Mining, Metallurgy 
                     and Petroleum. 
------------------  ---------------------------------------------------------------- 
"chalcopyrite"      is a sulphide of copper and iron. 
------------------  ---------------------------------------------------------------- 
"Cu"                means copper. 
------------------  ---------------------------------------------------------------- 
"cut-off grade"     the lowest grade of mineralised material that qualifies 
                     as ore in a given deposit; rock of the lowest assay 
                     included in an ore estimate. 
------------------  ---------------------------------------------------------------- 
"dacite porphyry    a silica-rich igneous rock with larger phenocrysts 
intrusive"           (crystals) within a fine-grained matrix 
------------------  ---------------------------------------------------------------- 
"deposit"           is a mineralised 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. 
------------------  ---------------------------------------------------------------- 
"electromagnetics"  is a geophysical technique tool measuring the magnetic 
                     field generated by subjecting the sub-surface to electrical 
                     currents. 
------------------  ---------------------------------------------------------------- 
"garimpo"           is a local artisanal mining operation 
------------------  ---------------------------------------------------------------- 
"garimpeiro"        is a local artisanal miner. 
------------------  ---------------------------------------------------------------- 
"geochemical"       refers to geological information using measurements 
                     derived from chemical analysis. 
------------------  ---------------------------------------------------------------- 
"geophysical"       refers to geological information using measurements 
                     derived from the use of magnetic and electrical readings. 
------------------  ---------------------------------------------------------------- 
"geophysical        include the exploration of an area by exploiting differences 
techniques"          in physical properties of different rock types. Geophysical 
                     methods include seismic, magnetic, gravity, induced 
                     polarisation and other techniques; geophysical surveys 
                     can be undertaken from the ground or from the air. 
------------------  ---------------------------------------------------------------- 
"gossan"            is an iron-bearing weathered product that overlies 
                     a sulphide deposit. 
------------------  ---------------------------------------------------------------- 
"grade"             is the concentration of mineral within the host rock 
                     typically quoted as grams per tonne (g/t), parts per 
                     million (ppm) or parts per billion (ppb). 
------------------  ---------------------------------------------------------------- 
"g/t"               means grams per tonne. 
------------------  ---------------------------------------------------------------- 
"granodiorite"      is an igneous intrusive rock similar to granite. 
------------------  ---------------------------------------------------------------- 
"hectare" or a      is a unit of measurement equal to 10,000 square metres. 
"ha" 
------------------  ---------------------------------------------------------------- 
"igneous"           is a rock that has solidified from molten material 
                     or magma. 
------------------  ---------------------------------------------------------------- 
"IP"                refers to induced polarisation, a geophysical technique 
                     whereby an electric current is induced into the sub-surface 
                     and the conductivity of the sub-surface is recorded. 
------------------  ---------------------------------------------------------------- 
"intrusive"         is a body of rock that invades older rocks. 
------------------  ---------------------------------------------------------------- 
"Indicated Mineral  is that part of a Mineral Resource for which quantity, 
Resource             grade or quality, densities, shape and physical characteristics 
                     can be estimated with a level of confidence sufficient 
                     to allow the appropriate application of technical 
                     and economic parameters, to support mine planning 
                     and evaluation of the economic viability of the deposit. 
                     The estimate is based on detailed and reliable exploration 
                     and testing information gathered through appropriate 
                     techniques from locations such as outcrops, trenches, 
                     pits, workings and drill holes that are spaced closely 
                     enough for geological and grade continuity to be reasonably 
                     assumed. 
------------------  ---------------------------------------------------------------- 
"Inferred Mineral   is that part of a Mineral Resource for which quantity 
Resource"            and grade or quality can be estimated on the basis 
                     of geological evidence and limited sampling and reasonably 
                     assumed, but not verified, geological and grade continuity. 
                     The estimate is based on limited information and sampling 
                     gathered through appropriate techniques from locations 
                     such as outcrops, trenches, pits, workings and drill 
                     holes. 
------------------  ---------------------------------------------------------------- 
"Inferred Mineral   " is that part of a Mineral Resource for which quantity 
Resource"            and grade or quality can be estimated on the basis 
                     of geological evidence and limited sampling and reasonably 
                     assumed, but not verified, geological and grade continuity. 
                     The estimate is based on limited information and sampling 
                     gathered through appropriate techniques from locations 
                     such as outcrops, trenches, pits, workings and drill 
                     holes. 
------------------  ---------------------------------------------------------------- 
"mineralisation"    the concentration of metals and their chemical compounds 
                     within a body of rock. 
------------------  ---------------------------------------------------------------- 
"mineralised"       refers to rock which contains minerals e.g. iron, 
                     copper, gold. 
------------------  ---------------------------------------------------------------- 
"Mineral Resource"  is a concentration or occurrence of diamonds, natural 
                     solid inorganic material, or natural solid fossilized 
                     organic material including base and precious metals, 
                     coal, and industrial minerals in or on the Earth's 
                     crust in such form and quantity and of such a grade 
                     or quality that it has reasonable prospects for economic 
                     extraction. The location, quantity, grade, geological 
                     characteristics and continuity of a Mineral Resource 
                     are known, estimated or interpreted from specific 
                     geological evidence and knowledge. 
------------------  ---------------------------------------------------------------- 
"Mineral Reserve"   is the economically mineable part of a Measured or 
                     Indicated Mineral Resource demonstrated by at least 
                     a Preliminary Feasibility Study. This Study must include 
                     adequate information on mining, processing, metallurgical, 
                     economic and other relevant factors that demonstrate, 
                     at the time of reporting, that economic extraction 
                     can be justified. A Mineral Reserve includes diluting 
                     materials and allowances for losses that may occur 
                     when the material is mine 
------------------  ---------------------------------------------------------------- 
"Mo-Bi-As-Te-W-Sn"  Molybdenum-Bismuth-Arsenic-Tellurium-Tungsten-Tin 
------------------  ---------------------------------------------------------------- 
"monzogranite"      a biotite rich granite, often part of the later-stage 
                     emplacement of a larger granite body. 
------------------  ---------------------------------------------------------------- 
"mt"                means million tonnes. 
------------------  ---------------------------------------------------------------- 
"ore"               means a metal or mineral or a combination of these 
                     of sufficient value as to quality and quantity to 
                     enable it to be mined at a profit. 
------------------  ---------------------------------------------------------------- 
"oxides"            are near surface bed-rock which has been weathered 
                     and oxidised by long term exposure to the effects 
                     of water and air. 
------------------  ---------------------------------------------------------------- 
"ppm"               means parts per million. 
------------------  ---------------------------------------------------------------- 
"Probable Mineral   is the economically mineable part of an Indicated 
Reserve"             and, in some circumstances, a Measured Mineral Resource 
                     demonstrated by at least a Preliminary Feasibility 
                     Study. This Study must include adequate information 
                     on mining, processing, metallurgical, economic, and 
                     other relevant factors that demonstrate, at the time 
                     of reporting, that economic extraction can be justified. 
------------------  ---------------------------------------------------------------- 
"Proven Mineral     is the economically mineable part of a Measured Mineral 
Reserve"             Resource. A Proven Mineral Reserve implies a high 
                     degree of confidence in the Modifying Factors 
------------------  ---------------------------------------------------------------- 
"saprolite"         is a weathered or decomposed clay-rich rock. 
------------------  ---------------------------------------------------------------- 
"sulphide"          refers to minerals consisting of a chemical combination 
                     of sulphur with a metal. 
------------------  ---------------------------------------------------------------- 
"vein"              is a generic term to describe an occurrence of mineralised 
                     rock within an area of non-mineralised rock. 
------------------  ---------------------------------------------------------------- 
"VTEM"              refers to versa time domain electromagnetic, a particular 
                     variant of time-domain electromagnetic geophysical 
                     survey to prospect for conductive bodies below surface. 
------------------  ---------------------------------------------------------------- 
 
   Assay Results 
 
   The assay results reported within this release are those provided by the 
Company's own on-site laboratory facilities at Palito and have not been 
independently verified.  Serabi closely monitors the performance of its 
own facility against results from independent laboratory analysis for 
quality control purpose.  As a matter of normal practice, the Company 
sends duplicate samples derived from a variety of the Company's 
activities to accredited laboratory facilities for independent 
verification. Based on the results of this work, the Company's 
management are satisfied that the Company's own facility shows good 
correlation with independent laboratory facilities. The Company would 
expect that in the preparation of any future independent 
Reserve/Resource statement undertaken in compliance with a recognised 
standard, the independent authors of such a statement would not use 
Palito assay results but only use assay results reported by an 
appropriately certificated laboratory. 
 
   Qualified Persons Statement 
 
   The scientific and technical information contained within this 
announcement has been reviewed and approved by Michael Hodgson, a 
Director of the Company. Mr Hodgson is an Economic Geologist by training 
with over 26 years' experience in the mining industry. He holds a BSc 
(Hons) Geology, University of London, a MSc Mining Geology, University 
of Leicester and is a Fellow of the Institute of Materials, Minerals and 
Mining and a Chartered Engineer of the Engineering Council of UK, 
recognising him as both a Qualified Person for the purposes of Canadian 
National Instrument 43-101 and by the AIM Guidance Note on Mining and 
Oil & Gas Companies dated June 2009. 
 
   Forward Looking Statements 
 
   Certain statements in this announcement are, or may be deemed to be, 
forward looking statements. Forward looking statements are identi ed by 
their use of terms and phrases such as "believe", "could", "should" 
"envisage", "estimate", "intend", "may", "plan", "will" or 
the negative of those, variations, or comparable expressions, including 
references to assumptions. These forward-looking statements are not 
based on historical facts but rather on the Directors' current 
expectations and assumptions regarding the Company's future growth, 
results of operations, performance, future capital and other 
expenditures (including the amount, nature and sources of funding 
thereof), competitive advantages, business prospects and opportunities. 
Such forward looking statements re ect the Directors' current beliefs 
and assumptions and are based on information currently available to the 
Directors. A number of factors could cause actual results to differ 
materially from the results discussed in the forward-looking statements 
including risks associated with vulnerability to general economic and 
business conditions, competition, environmental and other regulatory 
changes, actions by governmental authorities, the availability of 
capital markets, reliance on key personnel, uninsured and underinsured 
losses and other factors, many of which are beyond the control of the 
Company. Although any forward-looking statements contained in this 
announcement are based upon what the Directors believe to be reasonable 
assumptions, the Company cannot assure investors that actual results 
will be consistent with such forward looking statements. 
 
   ENDS 
 
 
 
 

(END) Dow Jones Newswires

April 07, 2021 02:00 ET (06:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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