This website contains “forward-looking statements” within the meaning of applicable United States securities legislation and “forward-looking information” within the meaning of applicable Canadian securities legislation, together “forward-looking information”. Forward-looking information includes, but is not limited to, information with respect to Nighthawk Gold Corp.’s (“Nighthawk” or the “Company”) continued exploration programs (including size and budget), the Mineral Resource Estimate for the Colomac Gold Project ("20223 MRE"), and the ability to advance targets including but not limited to the known deposits of the Indin Lake Gold Property (Colomac Main, Goldcrest, Grizzly Bear, 24, 27, Kim, Cass, Damoti, and Treasure Island) and to conduct enough drilling to provide an updated mineral resource estimate for the Indin Lake Gold Property], in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), and the timing and results thereof; the ability to conduct additional metallurgical test-work and the timing and results thereof; the ability to raise the necessary capital on acceptable terms in order to conduct exploration programs including mapping, prospecting and drilling activities and identify new targets in future years (as well as any intention to expand these programs in the future); project development and permitting as well as environmental assessments and protection requirements; and the ability to carry out any strategic business plans and strategies with respect to the continued growth of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “does not anticipate”, or “believes” or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur”, or “be achieved”.
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 the Company to be materially different from those expressed or implied by such forward-looking information, including risks associated with mineral exploration and development operations such as: environmental hazards and economic factors as they affect the cost and success of the Company’s capital expenditures; the ability of the Company to obtain required permits and approvals; the ability of the Company to obtain financing; uncertainty in the estimation of mineral resources; the price of gold; no operating history, no operating revenue and negative cash flow; land title risk; the market price of the Company’s securities; the economic feasibility of the Company’s mineral resources and the Company’s commercial viability; inflation and uncertain global economic conditions; COVID-19 and other health crisis; dependence on management and other highly skilled personnel; title to the Company’s mineral properties; the ongoing war in Ukraine; extensive government and environmental regulation; volatility in the financial markets; uninsured risks; climate change; threat of legal proceedings; unforeseen liabilities from past acquisitions, as well as those risk factors discussed or referred to in this AIF under the heading “Risk Factors”.
Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Although the Company believes that the assumptions and expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because the Company can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions identified in this AIF, assumptions have been made regarding, among other things: the Company’s ability to carry on its exploration and development activities without undue delays or unbudgeted costs, the ability of the Company to obtain sufficient qualified personnel, equipment and services in a timely and cost-effective manner, the ability of the Company to operate in a safe, efficient and effective manner, the ability of the Company to obtain all necessary financing on acceptable terms and when needed, the accuracy of the Company’s resource estimates and geological, operational and price assumptions on which these are based and the continuance of the regulatory framework regarding environmental manners. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions that may have been used.
Although the Company 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. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
