Market Newsdesk

ORCHARD PARK, N.Y., Dec. 31, 2020 /PRNewswire/ — Buffalo Bills, 2020 AFC East Division Champions, and BioReference Laboratories, Inc., an OPKO Health company (NASDAQ:OPK), today announced they will be performing fan testing for the AFC Divisional Wild Card playoff game at Bills Stadium in Orchard Park.

Through New York State, the Bills have been granted permission to host fans at their home Wild Card game that will be played on Jan. 9 or 10. All fans will be required to obtain a negative COVID-19 PCR laboratory-based test result within 72 hours of the game through the NFL’s testing partner, BioReference, in order to attend the game. Fans that purchase a ticket will be given a BioReference URL to select a testing time at Bills Stadium, two or three days prior to game day.

“BioReference has been helping our players, coaches and staff stay safe all season,” said Kim Pegula, Bills Owner and President. “We have no doubt they will help create a safe environment for our long awaited home playoff game. We are pleased to expand our partnership to bring fans back into the stadium.”

“The Bills, New York State and BioReference are committed to providing a safe environment so that fans can enjoy the playoff game,” said Jon R. Cohen, M.D., Executive Chairman of BioReference Laboratories. “BioReference has led the way in providing customized large scale COVID-19 screening programs to organizations and municipalities across the country. Fan testing is the next natural step in helping Americans attend and enjoy live sporting and entertainment events.”  

“Bills fans have waited decades in order to attend a home playoff game and we have worked to build an innovative pilot program to make that happen safely,” Governor Cuomo said. “All season long, the Bills’ stellar play has captured a certain energy and charisma that is undoubtedly infectious, but we all need to be smart. We’re in control of our destiny and how we act is going to determine what comes next. So while this is a time for excitement and celebration, it’s critical that everyone follow the guidelines and practice the safe behaviors we know work. If everyone does their part, I believe this pilot will be successful. Go Bills!”  

About BioReference Laboratories, Inc.
BioReference provides comprehensive testing to physicians, clinics, hospitals, employers, government units, correctional institutions, and medical groups. BioReference developed and offers test services that yield high quality and accurate results, including a molecular test for helping with COVID-19 diagnosis and a serology test to help indicate possible COVID-19 exposure. The company is in network with the five largest health plans in the United States, operates a network of 11 laboratory locations, and is backed by a medical staff of more than 120 M.D., Ph.D. and other professional level clinicians and scientists. With a leading position in the areas of genetics, women’s health, maternal fetal medicine, oncology, and urology, BioReference and its specialty laboratories, GenPath and GeneDx, are advancing the course of modern medicine. For more information, visit www.bioreference.com.

About OPKO Health
OPKO is a multinational biopharmaceutical and diagnostics company that seeks to establish industry-leading positions in large, rapidly growing markets by leveraging its discovery, development, and commercialization expertise and novel and proprietary technologies. For more information, visit www.opko.com.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipates,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning, including statements regarding BioReference’s testing, the availability of testing and the role and value of the information provided and its impact on decisions, as well as other non-historical statements about our expectations, beliefs or intentions regarding our business, technologies and products, financial condition, strategies or prospects. Many factors could cause our actual activities or results to differ materially from the activities and results anticipated in forward-looking statements. These factors include those described in the OPKO Health, Inc. Annual Reports on Form 10-K filed and to be filed with the Securities and Exchange Commission and in its other filings with the Securities and Exchange Commission. In addition, forward-looking statements may also be adversely affected by general market factors, competitive product development, product availability, federal and state regulations and legislation, the regulatory process for new products and indications, manufacturing issues that may arise, patent positions and litigation, among other factors. The forward-looking statements contained in this press release speak only as of the date the statements were made, and we do not undertake any obligation to update forward-looking statements. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.

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SOURCE BioReference Laboratories, Inc

HOUSTON, Dec. 31, 2020 /PRNewswire/ — Orbital Energy Group, Inc. (NASDAQ: OEG) (“Orbital” or the “Company”) today announced it has entered into a securities purchase agreement with institutional investors for the purchase and sale of 5,555,556 shares of its common stock, at a purchase price of $1.80 per share, in a registered direct offering. The closing of the offering is expected to occur on or about January 5, 2021, subject to the satisfaction of customary closing conditions.

A.G.P./Alliance Global Partners is acting as sole placement agent for the offering.

This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-239914) previously filed with the U.S. Securities and Exchange Commission (the “SEC”). A prospectus supplement describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at [email protected]. Before investing in this offering, interested parties should read in their entirety the prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Orbital
Orbital Energy Group, Inc. (Nasdaq: OEG), formerly known as CUI Global, Inc., is creating a diversified energy services platform through the acquisition and development of innovative companies. Orbital Energy’s group of businesses includes: Orbital Gas Systems, Inc., Orbital Power Services and Orbital Solar Services. Orbital Gas Systems is a 30-year leader in innovative gas solutions, serving the energy, power and processing markets through the design, installation and commissioning of industrial gas sampling, measurement and delivery systems. Orbital Power Services provides engineering, construction, maintenance and emergency response solutions to the power, utilities and midstream markets. Orbital Solar Services provides engineering, procurement and construction (“EPC”) expertise in the renewable energy industry and established relationships with solar developers and panel manufacturers in the utility scale solar market. As a publicly traded company, Orbital Energy is dedicated to maximizing shareholder value. But most important, our commitment to conduct business with a high level of integrity, respect, and philanthropic dedication allows the organization to make a difference in the lives of their customers, employees, investors and global community.

Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the timing and completion of the proposed offering and other statement that are predictive in nature.  These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “potential,” “predict,” “project,” “should,” “would” and similar expressions and the negatives of those terms.  These statements relate to future events and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any results, performance or achievements expressed or implied by the forward-looking statements. Such factors include the risk factors set forth in the Company’s filings with the SEC, including, without limitation, its Annual Report on Form 10-K for the year ended December 31, 2019, its periodic reports on Form 10-Q, and its Current Reports on Form 8-K filed in 2020, as well as the risks identified in the shelf registration statement and the prospectus supplement relating to the offering. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. Orbital undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

Investor Relations:

KCSA Strategic Communications
David Hanover
T: 212-896-1220
[email protected]

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SOURCE Orbital Energy Group, Inc.

• Recent acquisitions of key property packages make Trillium the largest landholder in the Red Lake gold camp
• Newman Todd property ownership consolidated (100% owned), acquired 100% of the adjacent Rivard property
• Successfully restarted drilling at Newman Todd with 6,027m drilled by year end, results for 7 holes pending
• Acquired 80% of the Gold Centre property which sits adjacent to, and less than 350 metres away from, Evolution Mining’s Red Lake mine workings
• Airborne magnetic surveys completed on 3 projects, 4^th underway shortly on
  Western Bear, Sydney Lake, Leo, and Shining Tree 
• Acquired large land position in the Confederation Lake greenstone belt for the purpose of targeting “LP Zone” style gold mineralization
• Drilling planned for 4 properties in first half of 2021, additional exploration and drilling expected on other properties
• 2 drill rigs to be turning in January on Newman Todd/Rivard and a third anticipated by end of February on Gold Centre
• Exploration drilling to commence on the Leo property

VANCOUVER, BC, Dec. 31, 2020 /PRNewswire/ – Trillium Gold Mines Inc. (TSXV:TGM) (“Trillium” or the “Company”) is pleased to provide a corporate update on the year’s activities in Red Lake District of Ontario.

During 2020, Trillium successfully accomplished the consolidation and acquisition of multiple key properties in the Red Lake camp, including the increase to 100% ownership of the flagship Newman Todd Project and the purchase of 100% of the contiguous Rivard high-grade gold property. In addition to the Wolf Bay and Leo properties, Trillium Gold, through four acquisitions, substantially increased its land holdings in the Red Lake District. The first being that of the Western Bear, Sydney Lake, and, in the Abitibi greenstone belt, Shining Tree Properties. The partnership with Rupert Resources on the Gold Centre property saw Trillium Gold acquire 80% of the property immediately adjacent to Evolution Mining’s Red Lake mine. These acquisitions culminated with the large land package agreements in the Confederation Lake greenstone belt with the potential to host “LP Zone” style gold mineralization, all of which are crucial acquisitions that fit our investment strategy in consolidating the Red Lake Gold camp. Trillium Gold is now the largest land holder in the Red Lake gold camp.

Trillium Gold also commenced the first drill program at Newman Todd since 2013 and has already seen evidence of the inferred structural enhancement within the prospective mineralized footprint. This will continue to be drilled tested throughout 2021. Highlights from the 6,027m in 16 holes drilled to date include 9.09 g/t Au over 3.30m from 176.30m in NT20-166, 8.63 g/t Au over 6.55m from 311.15m in hole NT20-167,15.41 g/t Au over 7.05m with visible gold specks from 226m in NT20-169, and 5.14 g/t Au over 3.85m from 72.4m in hole NT20-171. See the press releases dated October 6 and October 28, 2020 for more details. A large number of assays are still pending from the drilling completed just before the Christmas break.

Russell Starr, CEO of Trillium Gold comments “its been less than 6 months since I joined the company and we’ve been moving at a rapid pace, completing project acquisitions, more then $13 million in equity raised by way of private placement, phase one drilling on the NT Property, three airborne surveys, and building one of the most experienced Red Lake exploration teams currently active in the Red Lake District. The M&A activity completed this year was crucial to our strategy of building a world-class portfolio of projects in one of best gold camps on the globe.”

Drill permits for three projects (Rivard, Gold Centre and Leo) have been submitted with the first permit received, for the Rivard Property, just before Christmas. Deep drilling on Gold Centre, and overburden drilling on the Leo Property are expected to commence in Q1 2021 once these permits are received.

Three helicopter-borne high resolution gradient magnetometer surveys were completed on Red Lake projects – Western Bear, Sydney Lake and Leo with the Shining Tree property to be completed in early January. Trillium contracted Precision GeoSurveys to undertake the surveys. Geological interpretations of the three Red Lake surveys are currently underway by Paterson, Grant and Watson Limited.

The technical information presented in this news release has been reviewed and approved by William Paterson QP, PGeo, VP of Exploration of Trillium Gold Mines., as defined by NI 43-101.

On behalf of the Board of Directors,

Trillium Gold Mines Inc.

“Russell Starr”

Russell Starr

President, CEO and Director

About Trillium Gold Mines Inc.

Trillium Gold Mines Inc. is a British Columbia based company engaged in the business of acquisition, exploration and development of mineral properties located in the highly prospective Red Lake Mining District of Northern Ontario.

Disclosure and Caution

Completion of the transaction is subject to a number of conditions, including TSX Venture Exchange acceptance. The transaction cannot close until the required conditions are satisfied and required approvals are obtained. There can be no assurance that the transaction will be completed as proposed or at all. Trading in the securities of the Company should be considered highly speculative. The TSX Venture Exchange has not reviewed or approved the terms to the Transaction.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE Trillium Gold Mines Inc.

SILVER SPRING, Md., Dec. 31, 2020 /PRNewswire/ — Urban One, Inc. Executive Vice President and Chief Adminstrative Office Karen Wishart announced today Founder and Chairwoman, Cathy Hughes and CEO Alfred Liggins III, have received Congressional commendations for Urban One’s 40-year anniversary and its impact on the national media landscape.  Congressional leaders, the Honorable Eleanor Holmes Norton of the District of Columbia and the Honorable Chris Van Hollen of the State of Maryland both recognized Urban One’s 40 years of service with statements on the floors of the US House of Representatives and US Senate, respectively, as 2020 comes to a close.  Additionally, Hughes was inducted into the Hall of Fame for the National Association of Black Journalists (NABJ).

Urban One celebrated its milestone anniversary of 40 years amid the unprecedented social, political, and economic challenges presented in 2020.  Representative Holmes Norton and Senator Van Hollen both entered tributes to the company into the Congressional records of both the US House of Representatives and Senate, paying homage to Hughes’ career and contributions to the media industry.

“Mr. President, I rise today to honor a tenacious, entrepreneur, visionary radio personality, and powerful advocate for the African American community, Cathy Hughes,” noted Senator Van Hollen. “This year, her pioneering radio company, Urban One, celebrated 40 years on the air.  Cathy Hughes has left an indelible mark on the State of Maryland and inspired millions of listeners across the country.”

Representative Holmes Norton acknowledged the impact Urban One has had on the national media landscape and the contribution of Liggins, Hughes’ son and business partner, who is responsible for taking the company public. “In 1999, at the recommendation of her son, who had received his MBA at the Wharton School of the University of Pennsylvania, Cathy Hughesbecame the first African American woman to chair a publically held corporation…” Holmes Norton included in her statement for the Congressional record.  “I ask the House of Representatives to join me in recognizing the accomplishments of Cathy Hughes on the occasion of the 40^th anniversary of Urban One.”

“I am deeply humbled by this prestigious recognition and grateful that Urban One’s contributions are now a part of our nation’s Congressional record,” said Hughes. “The year 2020 will long be remembered as a year that challenged and changed our country, and while we faced unprecedented trials, this honor and our opportunity to be of service to the black community are among the highest distinctions we have received.”

Hughes was also inducted into the NABJ Hall of Fame along with other noted media professionals, including senior correspondents and FOX NFL reporter Pam Oliver and Chicago Sun Times columnist Mary Mitchell.

Urban One postponed plans to commemorate its milestone anniversary with an event.  Instead, it established a new foundation, Urban One Community Works, a non-profit that provides financial support to organizations and programs that work to strengthen and improve the quality of life of African Americans in the markets it serves.  Its inaugural donations were made in support of agencies providing aid to families struggling due to COVID-19.

ABOUT URBAN ONE, INC.

Urban One, Inc. (urban1.com), together with its subsidiaries, is the largest diversified media company that primarily targets African-American and urban consumers in the United States.  Urban One is the parent company of Radio One, Reach Media, Inc. (blackamericaweb.com), TV One (tvone.tv), CLEOTV (mycleo.tv), iOne Digital (ionedigital.com) and One Solution.  Formerly known as Radio One, Inc., the Company was founded in 1980 with a single radio station and now owns and/or operates 59 broadcast stations (including HD stations) in 15 urban markets in the United States, making it one of the nation’s largest radio broadcasting companies.  The Company’s growth led to diversification into syndicated radio programming, cable television, and online digital media.   As a result, in 2017, Radio One, Inc. was renamed Urban One, Inc. to better reflect the Company’s multi-media operations.  While the Company was renamed Urban One, Radio One remains the brand of the radio division and all of its radio assets.  Through Reach Media, Inc., the Company operates nationally syndicated radio programming, including the Rickey Smiley Morning Show, the Russ Parr Morning Show, and the DL Hughley Show.  TV One is a national cable television network serving more than 59 million households, offering a broad range of original programming, classic series, and movies designed to entertain, inform and inspire a diverse audience of adult Black viewers. Launched in January 2019, CLEO TV is a lifestyle and entertainment cable television network targeting Millennial and Gen X women of color.  iOne Digital is a collection of digital platforms providing the African-American community with social, news, and entertainment content across numerous branded websites, including Cassius, Bossip, HipHopWired, and MadameNoire branded websites.  One Solution provides award-winning, fully integrated advertising solutions across the entire Urban One multi-media platform.  Through its national, multi-media operations, the Company and One Solution provides advertisers with a unique and powerful delivery mechanism to African-American and urban audiences.  Finally, Urban One owns a minority interest in MGM National Harbor, a gaming resort located in Prince George’s County, Maryland.

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SOURCE Urban One, Inc.

VANCOUVER, BC, Dec. 31, 2020 /PRNewswire/ – Orea Mining Corp. (“Orea”) (TSX: OREA) (OTCQX: OREAF) (FRA: 3CG)  is very pleased to announce the decision from a French court ordering the renewal of the Montagne d’Or mining concessions within six months. Montagne d’Or, located in French Guiana, France, is a permitting-stage open pit gold mining project that hosts Proven Mineral Reserves of 8.25 Mt at 1.99 g/t (530,000 oz) and Probable Mineral Reserves of 45.87 Mt at 1.50 g/t (2.2 Moz)*.

The Montagne d’Or joint-venture (owned 44.99% by Orea and 55.01% by Nord Gold SE) (the “JV”) submitted renewal applications for a 25-year period for two core mining concessions in December 2016. In the absence of a timely decision from the Minister of Economy in charge of mines, and in order to protect its rights, the JV filed proceedings in February and March 2019 in the Administrative Court of Cayenne in French Guiana to invalidate any implicit (deemed) refusal as a result of the French government having failed to respond within the legal deadline and to order the State to extend mining concessions for a period of 25 years and, in the alternative, to reconsider its request for an extension.

The Court rendered its decisions on December 24^th and concluded that the implicit refusals were cancelled and ordered the State to extend the mining concessions and to set the duration of these extensions within a period of six months from the notification of the court judgment. The Minister of Economy, and a non-governmental organisation (NGO) permitted to intervene in case, will have two months to appeal the decision.

Rock Lefrancois, President and CEO of Orea, commented “The court decision is a big win for the JV, confirming its rights to the Montagne d’Or concessions. The Court also noted the completeness of the applications and the JV’s financial and technical capabilities to develop the project. Now that the mine redesign is essentially complete, culminating in years of outstanding work by the JV to make this project technically and environmentally exemplary, we now see a clear path for the development of one of the best grade open pit gold deposits in the Guiana Shield”. 

As communicated on December 22^nd, the JV launched additional engineering and environmental studies in early 2019 for project modifications and improvements subsequent to the bankable feasibility study completed in 2017 and public consultation conducted in 2018 by the National Public Debate Commission (“CNDP”). The project redesign mainly addressed recommendations made in the CNDP’s report and took into consideration the French government’s expectations on environmental protection. The complementary studies are now substantially complete and the current schedule is to finalize the environmental and mining authorization applications in the first quarter of 2021.

* The Montagne d’Or gold deposit hosts Measured Mineral Resources of 10.3 Mt at 1.804 g/t (600,000 oz), Indicated Mineral Resources of 74.8 Mt at 1.350 g/t (3.25 Moz) and additional Inferred Mineral Resources of 20.2 Mt at 1.48 g/t gold (960,000 oz), prepared in accordance with the requirements of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). The Mineral Resources are confined within a pit shell defined by a gold price of US$1,300/oz and a cut-off grade of 0.4 grams per tonne gold. For more information, see Orea’s news release titled “Columbus Gold Announces Positive Bankable Feasibility Study for Montagne d’Or Gold Project, French Guiana” dated March 20, 2017 and filed on SEDAR and the technical report prepared in accordance with the requirements of NI 43-101 titled “NI 43-101 Technical Report, Bankable Feasibility Study – Montagne d’Or Project, French Guiana” by SRK Consulting for Columbus Gold (now Orea Mining) and Nordgold with an Effective Date of March 6, 2017, and a report date of April 28, 2017, which was filed on SEDAR on April 28, 2017.

About Orea Mining

Orea Mining is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America. Its mission is to develop gold deposits with a reduced environmental footprint using innovative technologies, upholding the highest international standards for responsible mining. In French Guiana, Orea Mining holds a major interest in the world-class Montagne d’Or mine development project. It is also advancing the Maripa gold exploration project.

For more about Orea Mining visit the company’s website at www.oreamining.com

ON BEHALF OF THE BOARD:

Rock Lefrancois
President & CEO

Forward-looking statements

Certain statements made herein, including statements relating to matters that are not historical facts and statements of the Company’s beliefs, intentions and expectations about developments, results and events which will or may occur in the future, constitute “forward looking information” within the meaning of applicable Canadian securities legislation (“forward-looking statements”). Forward-looking statements relate to future events or future performance, reflect current expectations or beliefs regarding future events and are typically identified by words such as “anticipate”, “could”, “should”, “expect”, “seek”, “may”, “intend”, “likely”, “budget”, “plan”, “estimate”, continue”, “forecast”, “believe”, “predict”, “potential”, “target”, “would”, “might”, “will”, and similar words, expressions or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. These include, but are not limited to, statements and information regarding: the Company’s plans to construct and develop the Montagne d’Or project, including anticipated timing thereof; the satisfaction of regulatory requirements in respect of the permitting and construction of the Montagne d’Or project, including but not limited to, the submission and processing of mine permit applications, the timing thereof and the timing of completion of environmental and engineering studies; the Company’s ability to renew the concessions for the Montagne d’Or project and to comply with the conditions thereof; economic analysis for the Montagne d’Or project and related exploration objectives and plans; the conversion of mineral resources into mineral reserves and the conversion of inferred mineral resources into higher resource classification categories; the Company’s objective of become an emerging gold producer; the acquisition of exploration projects including terms of acquisition, exploration or development plans, intentions to acquire additional exploration or development interests and the implications thereof; future exploration and mine plans, objectives and expectations and corporate planning of the Company, future studies and environmental impact statements and the timetable for completion and content thereof and statements as to management’s expectations with respect to, among other things, the matters and activities contemplated in this news release.

Forward-looking statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such statements. Such assumptions and analyses are made by the Company’s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are reasonable and appropriate in the circumstances.
All assumptions and analyses are those of the Company’s. There can be no assurance that such statements will prove to be accurate. Forward-looking statements are based on numerous assumptions regarding present and future business strategies, local and global economic conditions, and the environment in which the Company will operate in the future, including compliance by the Company with regulatory and permitting requirements applicable in French Guiana, the sufficiency of Company’s working capital; the Company’s ability to secure additional funding for the continued exploration and development of its properties; the price of gold and other metals; and the Company’s ability to retain key personnel. You are hence cautioned not to place undue reliance on forward-looking statements.

Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements include, among others, political and economic risks in France, political and economic risks in French Guiana, risks related to the renewal applications for the Concessions and the possible outcomes thereof; possible negative outcomes of any appeals from the decision of the Administrative Court of Cayenne in French Guiana; regulatory risk including but not limited to unforeseen changes in regulatory requirements, the Company’s ability to enforce its contractual and other legal rights to explore and exploit its properties, risks related to exploration and development, permitting and licensing risk, the estimation of mineral resources and mineral reserves and related interpretations and assumptions, future profitability of the Company, the ability to obtain additional financing on a timely basis, the price of gold and marketability thereof, government regulations including with respect to taxes, royalties, land tenure and land use, title to the Company’s properties, currency exchange rates and fluctuations, environmental risks, dilution resulting from the issuance of additional securities of the Company, joint venture risks, reliance on Nord Gold SE as operator of the Montagne d’Or project, the availability of equipment, conflicts of interest, competition in the mining industry, uninsured risks, market fluctuations, global financial conditions, credit risk and risks arising from pandemics and epidemics such as the COVID-19 pandemic. 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. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.

Readers are cautioned not to place undue reliance on forward-looking statements. By their nature, forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, which contribute to the possibility that the predicted outcomes will not occur. Events or circumstances could cause the Company’s actual results to differ materially from those estimated or projected and expressed in, or implied by, these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements are included in the “Risk Factors” section in Company’s annual information form dated December 11, 2020 for the year ended September 30, 2020 (“AIF”).

Readers are further cautioned that the list of factors enumerated in the “Risk Factors” section of the AIF that may affect future results is not exhaustive. When relying on the Company’s forward-looking statements and information to make decisions with respect to the Company, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Furthermore, the forward-looking statements and information contained herein are made as of the date of this document and the Company does not undertake any obligation to update or to revise any of the included forward-looking statements or information, whether as a result of new information, future events or otherwise, except as required by applicable law. The forward-looking statements and information contained herein are expressly qualified by this cautionary statement.

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SOURCE Orea Mining Corp.