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Terms & Conditions |   |
IMPORTANT
THIS WEB SITE IS MADE AVAILABLE TO USERS ON THE BASIS OF CERTAIN TERMS AND CONDITIONS. YOUR USE OF THIS WEB SITE CONSTITUTES YOUR ACCEPTANCE OF THESE TERMS AND CONDITIONS.
This page states the "Terms and Conditions" under which you may use this "Web Site". Please read this page carefully and consult your attorney if there is anything contained in these Terms and Conditions which you have difficulty understanding. If you do not accept these Terms and Conditions or if you do not understand all or part thereof, do not use this Web Site. YALE RESOURCES LTD. ("YALE") MAY AMEND THESE TERMS AND CONDITIONS AT ANY TIME AT ITS DISCRETION BY UPDATING THIS POSTING. YOU MUST REVIEW THIS PAGE PERIODICALLY TO REVIEW THESE TERMS AND CONDITIONS AS THEY GOVERN YOUR USE OF THIS WEB SITE AND ARE BINDING UPON YOU.
This Web Site is owned by Yale Resources Ltd. Yale Resources Ltd. carries on business in Canada and Namibia. On this site, the terms "Yale" and "the Company" are used interchangeably and, in each case, denote a reference to Yale Resources Ltd.
INVESTMENT DECISIONS
MATERIAL CONTAINED ON THIS WEB SITE IS FOR INFORMATION PURPOSES ONLY AND IS NOT INTENDED TO CONSTITUTE AN OFFERING OF SECURITIES IN ANY JURISDICTION. Information disclosed under the corporate and securities laws of those Canadian jurisdictions applicable to Yale Resources Ltd. ("Yale") is not intended to be in any way qualified, amended, modified or supplemented by the information otherwise available in, through or on this Web site. Due to the technical and security risks inherent on the Internet, and because the document you access may differ from the original depending on your browser software, the information set out in this Web site should not be used for the purpose of making investment decisions with respect to Yale's securities. If you are contemplating trading in Yale's securities, you should contact Investor Relations to obtain printed copies of the documents you wish to review.
Investors
This Web Site includes certain "forward looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. Actual results could differ materially from those projected as a result of the following factors, among others: changes in the world wide price of gold, risks inherent in mineral exploration, risk associated with development, construction and mining operations, the uncertainty of future profitability and uncertainty of access to additional capital.
The United States Securities and Exchange Commission permits mining companies, in their filings with the SEC to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this web site such as "mineral resources" and "undiluted inferred resources" that the SEC guidelines strictly prohibit us from including in our Form 20-F, File No. 0-22672 available from us at Suite 900, 510 Burrard Street, Vancouver, B.C. Canada V6C 3A8. You can also obtain this form from the SEC by calling in 1-800-SEC-0330 or visit Yale's page on SEDAR, where all of the Company's public documents are filed, including the Form 20-F (reference Annual Information Form).
Yale hereby disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.
Disclaimer
This Web Site as well as the content of this Web Site, including all information, text, graphics, images, hyperlinks and other material (the "Content"), is taken from sources believed to be reliable and the information is believed to be accurate at the time it is posted. However, there is no way to ensure that the Content is accurate at any moment in time therefore, Yale does not warrant the accuracy, reliability, completeness, timeliness or suitability of the Content and reserves the right to make changes at any time without notice.
The Content is provided "as is" and "as available" without any expressed or implied warranty of any kind. Yale cannot be held liable under any circumstance for any loss or damage whatsoever, including without limitation, direct, indirect, special or consequential damages or loss of profit, business interruption, loss of information and data, arising out of the use of or inability to use this Web Site and the Content, whether or not Yale has been made aware of the possibility of such damages. Use of this Web Site or the Content and any reliance on them will be at your own risk.
Copyright
Yale owns and retains the copyrights to the materials found on this Web Site. Unless otherwise authorized by Yale, no one is allowed to reproduce in whole or in part, in any form, any information found on this Web Site. You may download one copy of the materials on any single computer for your personal non-commercial use only, provided that all the copyright information and other proprietary notices are kept intact. You agree that any person to whom the Content of this Web Site is provided, in whole or in part, directly or indirectly, by you will be advised of the Terms and Conditions stated herein and that each such person shall agree to be bound by such Terms and Conditions before being provided with any portion of the Content. You also agree not to modify, reformulate, adapt, alter, adjust, change, disassemble, frame or decrypt any of the Content of this Web Site.
Any comments or material communicated directly or indirectly to the Company through the Web Site become the property of the Company. Any information or material sent to the Company will be deemed not confidential and the Company may reproduce, transmit, modify or distribute as it sees fit.
Links to third-party Web sites
This Web Site may contain links to other Web sites, which are provided solely as a convenience to you and not as an endorsement by Yale of the content of such other Web sites. Yale is not responsible for the content of any other Web site and does not make any representation or warranty regarding any other Web site or the content or material on such Web sites. If you decide to access third-party Web sites through this Web Site, you do so at your own risk.
Indemnity
You agree to defend, indemnify and hold harmless Yale, its officers, directors, employees, representatives and agents, including any third parties mentioned on this Web Site and their respective officers, directors, employees, representatives and agents, from and against any and all claims, actions or demands, including without limitation reasonable legal and accounting fees, alleging or resulting from your use of this Web Site and the Content or your breach of these Terms and Conditions.
Assignment
Yale may assign its rights or obligations under this agreement at any time without notice to users.
Rights
The use of this Web Site grants no interest, whether proprietary, licensed or otherwise, in the intellectual property rights, or any other rights which may exist or are hereafter developed in respect of any portion of the Web Site or its Content.
Applicable Law
These Terms and Conditions are governed by the laws of the Province of British Columbia and the laws of Canada applicable therein without reference to any conflict of law principles. If any provision of these Terms and Conditions shall be unlawful, void, or for any reason unenforceable, then that provision shall be deemed severable from these Terms and Conditions and shall not affect the validity of any remaining provisions. These Terms and Conditions constitute the entire agreement between you and Yale and shall not be modified except by written and signed agreement by and between Yale and you.
Forward Looking Statements
Certain statements in this Web Site constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Some forward-looking statements may be identified by such terms as "believes", "anticipates", "intends", or "expects". These forward-looking statements are based on the Company's current expectations and projections about future events and financial trends affecting the financial condition of its business and the industry in which it operates. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company, or industry results to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following: general economic and business conditions, which will, among other things, impact demand for gold and other metals produced by the Company; industry capacity; the ability of the Company to implement its business strategy; changes in, or the unintentional failure to comply with, government regulations (especially safety and environmental laws and regulations); changes in the uses of gold; gold price volatility; increased competition; mining risks; exploration programs not being successful; inability to obtain financing; actual ore reserves being lower than those estimated; inability to obtain or, cancellation of, government permits; changes to regulations and mining law; increased reclamation obligations; title defects with respect to properties; risks associated with international operations; and foreign exchange and currency fluctuations.
Mining Risks and Insurance
The business of gold mining is subject to certain types of risks and hazards, including environmental hazards, industrial accidents, unusual or unexpected changes to rock formations, changes in the regulatory environment, cave-ins and flooding and gold bullion losses. Such occurrences could result in damage to, or destruction of, mineral properties or production facilities, personal injury or death, environmental damage, delays in mining, monetary losses and possible legal liability. Any payments made with regards to such liabilities may have a material adverse effect on Yale's financial position. The Company carries insurance to protect itself against certain risks of mining and processing in amounts that it considers to be adequate but which may not provide adequate coverage in certain unforeseen circumstances. In addition, the Company may become subject to liability for pollution, cave-ins, or other hazards against which it cannot insure or against which it may elect not to insure because of high premium costs or other reasons or the Company may become subject to liabilities that exceed policy limits. In such cases, the Company may be required to incur significant costs that could have a material adverse effect upon its financial performance and results of operations.
MATERIAL CONTAINED ON THIS WEB SITE IS FOR INFORMATION PURPOSES ONLY AND IS NOT INTENDED TO CONSTITUTE AN OFFERING OF SECURITIES IN ANY JURISDICITON.
Information disclosed under the corporate and securities laws of those Canadian jurisdictions applicable to Yale Resources Ltd. ("Yale") is not intended to be in any way qualified, amended, modified or supplemented by the information otherwise available in, through or on this Web site. Due to the technical and security risks inherent on the Internet, and because the document you access may differ from the original depending on your browser software, the information set out in this Web site should not be used for the purpose of making investment decisions with respect to Yale's securities. If you are contemplating trading in Yale's securities, you should contact Investor Relations to obtain printed copies of the documents you wish to review.
Cautionary Note to US Investors
The United States Securities and Exchange Commission permits mining companies, in their filings with the SEC to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this web site such as "mineral resources" and "undiluted inferred resources" that the SEC guidelines strictly prohibit us from including in our Form 20-F, File No. 0-22672 available from us at Suite 900, 510 Burrard Street, Vancouver, B.C. Canada V6C 3A8. You can also obtain this form from the SEC by calling in 1-800-SEC-0330 or visit Yale's page on SEDAR, where all of the Company's public documents are filed, including the Form 20-F (reference Annual Information Form).
Cautionary Note to U.S. Investors concerning estimates of Measured and Indicated Resources
This web site uses the terms "measured" and "indicated resources." We advise U.S. Investors that while those terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves.
Cautionary Note to U.S. Investors concerning estimates of Inferred Resources
This website uses the term "inferred resources." We advise U.S. investors that while this term is recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize it. "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or prefeasibility studies, except in rare cases. U.S. investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally minable.
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