All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to statements regarding the Company’s plans, prospects, business strategies and strategic vision and aspirations, and their achievement and timing; the Company’s guidance on its FIXYR and other products and services and its expectations regarding the results of operations; expected financial performance, including expected revenue, costs and expenditures, earnings, cash flows and other financial metrics; the Company’s growth projections, product integrations, product developments, and the potential costs, outcomes, results and impacts thereof and timing thereof; forecasted consumer uptake and interest in the Company FIXYR product and the Company’s other products and services; the results of any preliminary operating results and how they may apply to future results in respect of the Company’s FIXYR product and other products; currency exchange rates and interest rates; the Company’s ability to comply with contractual and other regulatory requirements; data and security and the ability of the Company to continue to develop its products as currently expected; the Company’s integration of new products, acquisitions and expansions and any anticipated benefits thereof; and expectations for other economic, business, and/or competitive factors. Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management, including that the Company can access financing, appropriate and sufficient labour; assumed and future demand for the Company’s products and services; the Company’s ability to develop its products and services as presently expected; the Company’s ability to streamline operations; the Company’s ability to obtain a full revocation of its cease trade order; anticipated costs; currency exchange rates and interest rates; ability to achieve goals; the prompt and effective integration of new products, acquisitions and the realization of synergies and economies of scale in connection therewith; that the political, economic, permitting and legal environment in which the Company operates will continue to support the development and operation of the Company; timing and receipt of governmental, regulatory and third party approvals, consents, licenses and permits and their renewals; and such other assumptions as set out herein as well as those related to the factors set forth below. Such factors include, but are not limited to: dependence on customer uptake of the Company’s products and services; the ability of the Company to predict demand and interest in order to inform its development; political, economic, and regulatory uncertainty in operating jurisdictions, including but not limited to those related to privacy and security, labour, trade relations, and transportation; health and safety hazards; uninsurable risks; risks related to cost overruns; competition risks; risks related to intellectual property infringement and litigation; risks relating to the Company’s indebtedness; challenges and conflicts that may arise in partnerships and joint operations; risks that revenue may be significantly impacted in the event of any reputational damage or litigation or as a result of competition; the impact of global financial conditions, market volatility and inflation; business interruptions caused by critical infrastructure failures; exposure to greater foreign exchange and capital controls, as well as political, social and economic risks as a result of the Company’s operation in emerging markets; risks relating to stakeholder opposition to continued operation, further development, or new development of the Company’s projects and mines; any breach or failure information systems; risks relating to reliance on estimates of consumer preferences in the future; risks relating to litigation and administrative proceedings which the Company may be subject to from time to time; risks relating to acquisitions or business arrangements; risks relating to competition in the industry; failure to comply with existing or new laws or changes in laws; challenges or defects in intellectual property rights; the outbreak of infectious diseases or viruses; risks relating to taxation changes; receipt of and ability to maintain all regulatory approvals that are required for operation; war; changes in the relationship with its employees and contractors; compliance with laws and regulations, including changes to such laws or regulations; interests of significant shareholders of the Company; asset values being subject to impairment charges; the Company’s common shares being subject to dilution; ability to attract and retain highly skilled employees; reliance on key personnel and reporting and oversight systems; risks relating to the Company’s internal controls; counterparty and customer concentration risk; exchange rate fluctuations; and other risks and uncertainties, including but not limited to those described in the Company’s public disclosure documents on SEDAR+ at www.sedarplus.ca under the Company’s profile.
Author: Fobi AI Inc.
Published at: 2025-12-15 22:50:00
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