Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Added risks related to exploration and development activities, requiring substantial expenditures for construction and operation, including additional equipment and infrastructure. This might result in increased capital expenditure requirements.
  • Added potential risks associated with proposed legislation in Nevada that could significantly increase mining costs. This could lead to higher operational expenses.
  • Added risks related to the Company's inability to obtain compensation for title defects concerning properties, potentially leading to financial losses. This may result in unexpected financial liabilities.
  • Added risks related to the Company's dependence on key personnel like Diane Garrett and Stanton Rideout. Failure to retain them could significantly impact exploration, development, and growth plans.

Full Text Changes in Most Recent 10-K

Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.

To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1718405&owner=exclude

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