F OR W ARD L OOKIN G I NF ORMA TION Th is p r esen t a ti on i n clu d es F or w ar d L ooki n g St a t eme n ts as th a t t erm is u sed in ap p li c ab le secu ri ti es la w F or w ar d L ooki ng S t a t em en ts in clu de but ar e not li mit ed t o s t a t em en ts r eg ar di ng p ot en tial mi n er al iz a ti o n a n d r esou r ces su cces s of e xpl or a ti on r esul ts en v ir on men t al ri sk s ti tl e d is p u t es or cla im s li ti g a ti on li ab il it ies an d fut u r e p la n s a n d o b jectiv es of C an a d ia n Or ebod ies I n c th e Com p an y th a t i n v olv e v ar iou s ri sk s an d u n cert ai n ti es In cert ai n c ases F o r w ar d L o oki n g St a t eme n ts c an be id en ti fied by t h e u se of w or d s su ch as pl an s e xpects or d oes n ot e xpect is e xpect ed in t end s b u d g e t f or ec as ts sch edu led beli e v es or v ar i a ti o n s of su ch w or d s a n d p h r a ses or s t a t eme n ts th a t cert ai n act i on s e v ents or r esul ts pot e n ti al l y ma y c ou ld w ou ld mi gh t occur or be achi e v ed or w i ll be t ak en Ther e c an be no assu r ance th a t such s t a t em en ts w il l pr o v e to be accu r a t e an d act u al r esul ts c o u ld d if f er ma t eria ll y fr om th ose e xpr essed or im p li ed by su ch s t a t eme n ts F or w ar d L o oki n g St a t eme n ts ar e b ased on c ert ai n op in io n s as su mp ti on s a n d es ti ma t es th a t man a g eme n t b elie v es ar e r eason ab le at t h e ti me th e y ar e mad e I m p or t an t f ac t o r s th a t c ou ld c au se act u al r esul ts to d if f er ma t eria ll y fr om th e C om p a n y s e xpect a ti o n s in cl u d e among oth er s ri sk s r ela t ed to th e ab il it y of th e C omp a n y to ob t ai n n ece ss ar y fin an cing an d ad equ a t e in su r an c e th e ec on om y g ener al ly flu ctu a ti on s in th e cu rr ency mar k e ts f lu ctu a ti o n s in th e s p ot a n d f or w ar d p ri ce of ir on or e or cert ain other c omm odi ties chan g es in in t er es t r a t es di sr up tion to the cr edit mark e t s and d ela y s in ob t ai n ing fin an cing th e p os si b il it y of cost o v err u n s or u n a n ti cipa t ed e xpen ses emp lo y ee r ela ti on s A cc or d ing ly r eader s ar e ad v is ed n ot to p la ce u n d u e r el ia n ce on F or w ar d L ooki n g St a t em en ts Ex ce p t as r equ ir ed u n d er ap p li c a b le secu ri ti es legi sl a ti on th e C ompan y u n d ert ak es no ob li g a ti on to p u b li cly u p d a t e or r e v is e F or w ar d L ook in g St a t eme n ts w h e th er as a r esul t of n ew in f or ma ti on fut u r e e v en ts or oth er w is e TS XV C OR E 2