Caution Regarding Forward Looking Information
This website contains "forward-looking information" within the meaning of Canadian securities legislation concerning the business, operations and financial performance and condition of Five Star.
This forward-looking information includes, without limitation, estimates, forecasts and statements as to management's expectations with respect to, among other things, potential property acquisitions, the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, the generation of revenues, the timing and amount of funding required to execute Five Star’s exploration, development and business plans; planned capital and exploration expenditures; the effect on Five Star of any changes to existing legislation or policy; government regulation of exploration, development and mining operations; the length of time required to obtain permits, certifications and approvals; the success of exploration, development and mining activities; the geology of Five Star’s properties; environmental risks; the availability of labour; demand and market outlook for diamonds and the prices thereof; progress in development of mineral properties; Five Star's ability to raise funding privately or on a public market in the future; results of operations and performance; and business prospects and opportunities.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategy”, “goals”, “objectives”, “schedule” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking Information. Five Star cautions that forward-looking information involves known and unknown risks, uncertainties and other factors that may cause Five Star’s actual results, performance or achievements to be materially different from those expressed or implied by such information, including, but not limited to (i) risks relating to variations in the grade, size distribution and quality of diamonds, kimberlite lithologies and country rock content within the material identified as Mineral Resources from that predicted; (ii) variations in rates of recovery and diamond breakage; (iii) the uncertainty as to whether further exploration of exploration targets will result in the delineation of Mineral Resources; (iv) developments in world diamond markets; (v) slower increases in diamond valuations than assumed; (vi) risks relating to fluctuations in the Brazilian real and other currencies relative to the US dollar; (vii) increases in the costs of proposed capital, operating and sustainable capital expenditures; (viii) increases in financing costs or adverse changes to the terms of available financing, if any; (ix) tax rates or royalties being greater than assumed; (x) uncertainty of results of exploration in areas of potential expansion of resources; (xi) changes in development or mining plans due to changes in other factors or exploration results; (xii) risks relating to the receipt of regulatory approvals; (xiii) the effects of competition in the markets in which Five Star operates; and (xiv) operational and infrastructure risks; (xv) execution risk relating to the exploration and development plans;. Five Star cautions that the foregoing list of factors that may affect future results is not exhaustive and new, unforeseeable risks may arise from time to time.
Although the forward-looking information contained on this website is based upon what management believes, or believed at the time, to be reasonable assumptions, there can be no assurance that actual results will be consistent with such forward-looking information. Prospective investors should not place undue reliance on any forward-looking information. The forward-looking statements contained on this Site are expressly qualified by this cautionary statement. Five Star undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by applicable law.