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Although Precipitate has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Such risks and other factors may include, but are not limited to: the exploration concessions may not be granted on terms acceptable to the Company, or at all general business, economic, competitive, political and social uncertainties the concessions acquired by the Company may not have attributes similar to those of surrounding properties delay or failure to receive governmental or regulatory approvals changes in legislation, including environmental legislation affecting mining timing and availability of external financing on acceptable terms conclusions of economic evaluations and lack of qualified, skilled labour or loss of key individuals. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Precipitate to be materially different from those expressed or implied by such forward-looking information. Precipitate or the “Company”) current beliefs and is based on information currently available to Company and on assumptions it believes are reasonable.