LEGAL DISCLOSUREPast performance is no guarantee of future results. Statements made in this presentation represent the opinions of the participants as of the date of the presentation and may not represent the opinions of Sprott U.S. Holdings, Inc. and its affiliates. The information discussed herein is subject to change without notice. Any forward looking statements or forecasts are based on assumptions; actual results may vary. The intended use of the this material is for informational purposes only, and is not intended to be an offer or solicitation for the sale of any financial product or service, forecast future events, guarantee future results or serve as a suitability recommendation. Investors should seek advice unique to the individual investor's objectives, financial situation, time horizon and other applicable needs. This information is not intended to provide financial, tax, legal, accounting or other professional advice since such advice always requires consideration of individual circumstances. Products discussed herein are not insured by the FDIC or any other governmental agency, are subject to risks, including the loss of principal. Different types of investments involve varying degrees of risk. Investments in low priced securities generally have a higher degree of risk. Generally, natural resource investments are more volatile and have higher headline risk than other sectors as such investments tend to be more sensitive to economic data, political and regulatory events as well as underlying commodity prices. Natural resource investments are influenced by the price of underlying commodities like oil, gas, metals, coal, etc.; several of which trade on various exchanges and have price fluctuations based on short-term dynamics partly driven by demand/supply and also by investment flows. Natural resource investments tend to react more sensitively to global events and economic data than other sectors, whether it is a natural disaster like an earthquake, political upheaval in the Middle East or release of employment data in the U.S., for example.No reliance should be placed on any statements made in this presentation when making investment decisions. Sprott U.S. Holdings Inc. and its affiliates, family, friends, employees, associates, and others may hold positions in the securities discussed in this presentation, and may buy or sell the same from time to time.