Nothing contained on this website constitutes or forms part of any offer for sale or solicitation of any offer to buy or subscribe for any securities nor shall it or any part of it form the basis of or be relied on in connection with, or act as any inducement to enter into, any contract or commitment whatsoever.
The materials presented are being supplied solely for information purposes and may not be reproduced, further distributed or published in whole or in part by any other person.
Some of the materials presented contains certain forward-looking statements and forward-looking information concerning the proposed financing and the business, operations and financial performance and condition of Ferrox Holdings (“Ferrox”). Forward-looking statements and forward-looking information include, but are not limited to, statements with respect to estimated production and mine life for Tivani (Pty) Limited Mine proposed mine operations consisting of an eastern, central and western zone; the estimation of mineral resources; the timing and amount of estimated future production, if any; costs of production; and success of exploration activities. Except for statements of historical fact relating to Ferrox, certain information contained herein constitutes forward-looking statements.
Forward-looking statements are frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and estimates of Ferrox’s management at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.
Assumptions upon which such forward-looking statements are based include that Ferrox will obtain all required regulatory and governmental approvals to production within the time periods contemplated herein; that demand for iron ore will be as projected herein; and that South Africa will remain an attractive mining jurisdiction. Many of these assumptions are based on factors and events that are not within the control of Ferrox and there is no assurance they will prove to be correct. Factors that could cause actual results to vary materially from results anticipated by such forward-looking statements include changes in market conditions, variations in ore grade or recovery rates, risks relating to international operations, fluctuating iron prices and currency exchange rates, changes in project parameters, the possibility of project cost overruns or unanticipated costs and expenses, labour disputes and other risks of the mining industry, failure of plant, equipment or processes to operate as anticipated.
Although Ferrox has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Ferrox undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
CAUTIONARY NOTE TO INVESTORS CONCERNING ESTIMATES OF MEASURED, INDICATED AND INFERRED RESOURCES
The materials presented in this website use the terms “Measured”, “Indicated” and “Inferred” Resources as defined in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Readers are advised that while such terms are recognized and required by Canadian securities laws.
The United States Securities and Exchange Commission does not recognize them. Under United States standards, mineralization may not be classified as a “reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve calculation is made. United States readers are cautioned not to assume that all or any part of the mineral deposits in these categories will ever be converted into reserves. In addition, “Inferred Resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Resource will ever be upgraded to a higher category. United States readers are also cautioned not to assume that all or any part of an Inferred Resource exists, or is economically or legally mineable.
We strive to put as much information as possible on our website, but understand there may be some questions that are not answered here. If this is the case, you can contact any of our management team members and they will be happy to serve you.