Atico Mining Files Amended and Restated Rights Offering Circular and LIFE Offering Document

Atico Mining Files Amended and Restated Rights Offering Circular and LIFE Offering Document

Inherent in forward-looking statements are risks, uncertainties and other factors beyond Atico’s ability to predict or control. These risks, uncertainties and other factors include, but are not limited to, risks associated with the Company’s outstanding debt, including amounts due and payable to each of Trafigura and Dundee Corporation (“Dundee”) on or before June 30, 2025 and December 30, 2025, respectively, or the ability to complete the transactions contemplated by the Term Sheet, or the ability to successfully negotiate to amend or extend the terms of the convertible debenture with Dundee; the availability and cost of funds; uncertainties relating to the closing of the Offerings, including delays in obtaining or failure to obtain required approvals to complete the Offerings; discretion in the Company’s use of available funds from the Offerings; the uncertainty associated with estimating costs to completion of the Offerings; risks relating to negative operating cash flows of the Company; dilution of the shareholdings of shareholders who do not exercise all of their rights under the Rights Offering; irrevocability of the exercise of rights by a shareholder; the possibility that the subscription price is not indicative of the Company’s value; if a shareholder fails to follow the subscription procedure and abide by the subscription deadline their subscription may be rejected; mining operations; market fluctuations in commodity prices; title risks and surface rights and access; changes in legislation; political instability; government or regulatory approvals; non-compliance with laws and regulations and compliance costs; environmental compliance; climate change; uninsured and uninsurable risks; water disposal, tailings and reclamation obligations; financing risks; risks associated with outstanding debt; global economic conditions; availability and costs of supplies; community relations; mineral reserve and mineral resource estimates; future production rates; labour relations; currency fluctuations; the Company may engage in hedging activities; infrastructure; exploration and development capital expenditures; social media and reputation; negative publicity; human rights; business objectives; concentrate sales risks; shortage of personnel; health and safety; pandemics, epidemics or infectious disease outbreak; physical security; conflicts of interest; claims and legal proceedings; information systems and cyber security; internal controls; violation of anti-bribery or corruption laws; competition; tax considerations; compliance with listing standards; enforcement of civil liabilities; financing requirement risks; market price volatility of Common Shares; and other risks and uncertainties related to the Company’s business and the Offerings, including those described in the Company’s public disclosure documents on SEDAR+ at www.sedarplus.ca. Readers are cautioned that the foregoing list of factors is not exhaustive of the factors that may affect the forward-looking statements. Actual results and developments are likely to differ and may differ materially from those expressed or implied by the forward-looking statements contained in this news release. Such statements are based on a number of assumptions which may prove to be incorrect, including but not limited to, (1) the completion of the Loan Refinancing; (2) the completion of the LIFE Offering; (3) the completion of the Rights Offering under certain thresholds, including the estimated costs thereof; (4) the Company’s ability to generate positive cash flows from ongoing operations at the El Roble Mine, including the ability to sell its mineral concentrates in inventory; (5) that all required third party contractual, regulatory and governmental approvals will be obtained for the development, construction and production of the Company’s properties, (6) there being no significant disruptions affecting operations, whether due to labor disruptions, supply disruptions, power disruptions, damage to equipment, non-renewal of title to the Company’s claims or otherwise, (7) permitting, development, expansion and power supply proceeding on a basis consistent with the Company’s current expectations, (8) currency exchange rates being approximately consistent with current levels, (9) certain price assumptions for copper, gold, zinc and silver, (10) prices for and availability of fuel oil, electricity, parts and equipment and other key supplies remaining consistent with current levels, (11) production forecasts meeting expectations, (12) the accuracy of the Company’s current mineral resource and reserve estimates, (13) labor and materials costs increasing on a basis consistent with the Company’s current expectations, (14) matters related to the ongoing dispute with the National Mining Agency in Colombia, and (15) general marketing, political, business and economic conditions.

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