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Vol. 01Issue 10DisclaimerTuesday, October 27, 2026
Disclaimer

Disclaimer

Last updated October 21, 2026.

Bellmare Capital publishes research and commentary for informational purposes only. Nothing here is investment advice or a recommendation to buy, sell or hold any security. Bellmare Capital is operated by Apollo Shareholder Relations, which provides paid investor relations services and may be compensated in cash or securities by companies discussed. Apollo and its principals may hold securities of those companies, which is a conflict of interest.

Not investment advice

Bellmare Capital publishes research and commentary for information and education only. Nothing on this site is investment advice, a recommendation, an offer, or a solicitation to buy, sell or hold any security. Bellmare Capital and Apollo Shareholder Relations are not registered as advisers or dealers in any jurisdiction. Readers are responsible for their own investment decisions and should read each company’s filings on SEDAR+ and consult a registered adviser before acting. Bellmare Capital is not independent research.

Compensation and conflicts of interest

Bellmare Capital is operated by Apollo Shareholder Relations, which provides paid investor relations, marketing and communications services to publicly traded companies, including companies in the resource sector. Compensation for those services may be paid in cash or in securities of those companies.

Where an article covers a company that pays Apollo, the article is labelled Sponsored above the headline and opens with a disclosure that names the company and states the amount, form (cash or securities) and term of the compensation, who paid it, and whether Apollo or its principals hold the company’s securities. Apollo has a financial interest in the companies it is paid to cover, and that interest may increase in value if the share price rises. Apollo, its principals, employees and contractors may hold securities of companies discussed on this site and may buy or sell them at any time. These are conflicts of interest.

Forward-looking statements

Forward-looking information: statements about plans, timing, permits, production, studies or results are the company's own expectations as disclosed in the filings cited. They are not guarantees, they depend on assumptions and risks described in those filings, and actual results may differ materially. Bellmare Capital does not undertake to update them.

Accuracy of information

Information on this site is drawn from company filings, public disclosures and third-party sources believed to be reliable. Its accuracy and completeness are not guaranteed, and it may change without notice or become out of date. Mining technical information is reported only as disclosed by the company under NI 43-101.

Risk

Small cap and junior resource companies are speculative. Their shares can be volatile and illiquid, and investors can lose their entire investment. Past performance is not an indication of future results.

Limitation of liability

Bellmare Capital, Apollo Shareholder Relations and their principals, employees and contractors accept no liability for any loss or damage, direct or indirect, arising from the use of, or reliance on, anything published on this site or sent by email. All content is provided as is, without warranty of any kind.

Jurisdiction

Content is not directed at any person in any jurisdiction where its publication or availability would be contrary to local law or regulation. Readers are responsible for complying with the laws that apply to them.

Contact

Questions about this disclaimer: research@bellmarecapital.com.