Canada Markets open in 2 hrs 48 mins

Amarillo Gold Corporation (AGCBF)

Other OTC - Other OTC Delayed Price. Currency in USD
Add to watchlist
0.2815+0.0179 (+6.79%)
At close: 3:55PM EDT
Full screen
Trade prices are not sourced from all markets
Previous Close0.2636
Open0.2632
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.2632 - 0.2848
52 Week Range0.0800 - 0.3100
Volume50,354
Avg. Volume184,103
Market Cap111.325M
Beta (5Y Monthly)2.25
PE Ratio (TTM)N/A
EPS (TTM)-0.0420
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Trenching results show gold anomalies up to 8 kilometres northeast of Posse
    GlobeNewswire

    Trenching results show gold anomalies up to 8 kilometres northeast of Posse

    Figure 1 Posse North Trend Figure 2 Location of Pastinho drill holes Figure 3 Location of Pastinho trenches Figure 4 Plan view of trenches and drill holes along section lines Figure 5 Cross-section of Pastinho through section line 12 Figure 6 Cross-section through Pastinho on section line 15TORONTO, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Results from a surface exploration program support the theory that there are additional near-surface gold deposits along the Posse North Gold Trend, said Amarillo Gold Corporation (TSXV: AGC) (OTCQB: AGCBF) today.Since February 2020, surface work at the Company’s Mara Rosa Property in Brazil has focused on trenching and auger drilling to delineate the higher-grade zones of anomalous gold on surface along the trend. The ongoing aim is to identify potentially economic gold deposits that could add to existing resources and reserves, which could enhance the production profile of the Posse Gold Project."We are starting to realize the district scale potential of the Posse trend,” said Mike Mutchler, Amarillo’s Chief Executive Officer. “These exciting results are consistent with the results of our successful November 2019-February 2020 drill program, which showed the potential for satellite gold deposits at Mara Rosa.“A new resource would give us the option to extend the planned life of the Posse Mine, expand the plant throughput, or some combination of both. This would significantly increase the project’s expected returns.”The surface exploration program focused on three targets. Pastinho, Lambari, and Estrela are located 3.5 kilometres, 4.5 kilometres, and 8.0 kilometres northeast of the Posse Gold Deposit along the Posse North Trend (see Figure 1).Posse North is a northeast trending potassium-radiometric anomaly with coincident gold in soil anomalies greater than 50 parts per billion defined by previous work. Structural features found by airborne magnetics were also useful guides for targeting.A mechanical back-hoe loader dug three-metre-deep trenches generally at every 200 metres. Chip channel samples were taken at one-metre intervals for each trench, which were oriented in a northwest-southeast direction and perpendicular to the main trend of the gold deposits.The key findings of the surface exploration program are: * surface trenching and auger drilling confirm the up-dip extension of the Pastinho gold target * the surface soil anomaly at Pastinho has been defined over a strike length of 1.5 kilometre and remains open along strike to the northeast * there appear to be subparallel gold structures with up to five mineralized gold zones trending northeast along the Pastinho target. * Lambari and Estrela have defined gold anomalies that require follow-up work.The Pastinho target Pastinho is 3.5 kilometres northeast of the Posse Deposit on 6,000 hectares of new exploration tenements that Amarillo gained access to in December 2019. It is a gold mineralized structure approximately 800-900 metres long oriented in a northeast-southwest direction along the same structural trend as the Posse Gold Deposit. The apparent thickness varies from 10-20 metres and dips about 60 degrees northwest.Geologically, Pastinho is similar to Posse. It is characterized by a hydrothermally altered thrusted shear zone developed along the contact between a biotite microcline gneiss (granodiorite composition) and metagabbo and/or amphibolite mafic rocks. There are structural fabrics including mylonites together with hydrothermal alteration minerals like silicification (quartz), biotite, sericite, and carbonate with associated disseminated sulphides that are typically 1-3% pyrite.The results of Amarillo’s most recent diamond drilling are interpreted to have increased the strike extent to 900 metres (see Figure 2) from the 150 metre long zone of near-surface gold mineralization defined by a previous operator. Examples from these drill results include: * hole LMR007A – 18.7 metres grading 0.84 g/t gold. It was oriented with an azimuth of 109.1 degrees and a dip of -50 degrees. * hole 20P109 – 11 metres grading 0.74 g/t gold. It was oriented with an azimuth of 125 degrees and a dip of -59 degrees.Nine trenches (see Figures 3 and 4) were dug totalling 791.6 metres, and 850 samples were tested over a strike length of 1.5 kilometres (see Table 1). Highlights of the results include: * trench 20TCH001 – 20 metres grading 1.034 g/t Au * trench 20TCH002 – 11 metres grading 0.95 g/t Au * trench 20TCH003 – 10 metres grading 1.22 g/t Au * trench 20TCH004 – 5.1 metres grading 3.27 g/t Au * trench 20TCH009 – 17 metres grading 1.46 g/t Au.Significantly, the surface trench work has extended the strike length of the Pastinho gold target to 1.5 kilometres. The current interpretation is that the surface trenching program has outlined the up-dip extension of Pastinho. There appear to be up to five subparallel gold structures dipping northwest approximately 50-60 degrees. Pastinho, which has been drill-tested to a depth of approximately 100 metres, remains open at depth.Lambari Lambari is located approximately 1.0 kilometre northeast of Pastinho, and 4.5 kilometres north of Posse. The geological setting of Lambari is similar to the Posse Gold Deposit and Pastinho.Surface work consisted primarily of shallow auger drilling, which defined two gold in soil anomalies. The first anomaly is located along strike and parallel to Pastinho and has a strike length of approximately 1.0 kilometre. The second gold in soil anomaly occurs to the northeast and is parallel to the first anomaly. It has been defined over a distance 1.5 kilometres.Estrela Estrela is located about 3.5 km northeast and along trend from Pastinho, and approximately 8.0 kilometres northeast of Posse. Estrela is interpreted to occur along the same structural corridor as Posse and Lambari and shares similar geology. Work consisted primarily of shallow surface auger drilling and defined a northeast trending gold in soil anomaly over a strike length of 900 metres.Future exploration program The surface exploration work at Mara Rosa has been successful in better defining the Pastinho, Lombari, and Estrela gold exploration targets.In addition to on-going surface trenching and auger drilling of selected targets, next steps will also include completing a detailed induced polarization ground geophysical survey over each of the targets and a diamond drill program.Ground geophysics is expected to begin in late September or early October, with a diamond drilling program planned to begin in late 2020 or early 2021. Approximately C$1.75 million has been budgeted for exploration at Mara Rosa to the end of 2021.Table 1: Trenching resultsTrench numberNumber of samplesGold structureFrom (metres)To (metres)Length (metres)Gold grade (g/t) 20TCH00196123.0043.0020.001.034   255.0059.004.000.320 20TCH00292123.0034.0011.000.950   254.0058.004.000.222 20TCH00398131.0041.0010.001.220   244.0055.0011.000.341   372.0080.008.000.196   483.0084.001.000.705   594.0095.001.000.246 20TCH00489120.9026.005.103.265   239.0043.004.000.271   352.0053.001.000.491   455.0056.001.005.435   565.0066.001.007.275 20TCH00599131.2039.107.901.524   250.0052.002.000.242   360.0063.003.000.544   468.0071.003.000.388   580.0082.002.001.070 20TCH00676153.3056.002.700.919 20TCH00766158.0059.801.800.393 20TCH007A3210.0019.0019.001.431 20TCH00862147.0055.658.650.918 20TCH008A30122.0023.001.001.642 20TCH00911017.0024.0017.001.461   229.0031.002.000.280   343.1043.900.800.686 FiguresThe following figures illustrate the Pastinho drill target and the Company’s interpretation of the work done to date: * Figure 1 – Posse North Trend * Figure 2 – Location of Pastinho drill holes * Figure 3 – Location of Pastinho trenches * Figure 4 – Plan view of trenches and drill holes along section lines * Figure 5 – Cross-section through Pastinho on section line 12 * Figure 6 – Cross-section through Pastinho on section line 15To view Figure 1: Posse North Trend, please visit the following link: https://www.globenewswire.com/NewsRoom/AttachmentNg/22bdf620-6122-4e29-a756-f1f85ad099ccThis figure shows the potassium radiometric and surface soil anomalies along Posse North Trend. It also shows the location of the Pastinho, Lambari, and Estrela targets, and distance from Posse Gold Deposit.To view Figure 2: Location of Pastinho drill holes, please visit the following link: https://www.globenewswire.com/NewsRoom/AttachmentNg/d17d371c-031e-4dfb-a260-3502cdef5308 To view Figure 3: Location of Pastinho trenches, please visit the following link: https://www.globenewswire.com/NewsRoom/AttachmentNg/6df219d8-f2f8-4576-b95d-bd843ea48b92To view Figure 4: Plan view of trenches and drill holes along section lines, please visit the following link:  https://www.globenewswire.com/NewsRoom/AttachmentNg/cd1e7481-6521-4350-88c2-8510d1ba2eb4To view Figure 5: Cross-section of Pastinho through section line 12, please visit the following link:   https://www.globenewswire.com/NewsRoom/AttachmentNg/2a818c1d-0bb1-4240-b150-57c47820ddddThis figure is a northeast facing cross-section through Pastinho on section line 12 based on trench 20TCH007A and diamond drill hole LMR006A.To view Figure 6: Cross-section through Pastinho on section line 15, please visit the following link:  https://www.globenewswire.com/NewsRoom/AttachmentNg/8986af50-7de1-4468-9f1c-e02e19748e33This figure is a cross-section through Pastinho on section line 15, which is approximately 150 metres northeast of section line 12. The surface trenching results again confirm the up-dip extension of Pastinho. In this case, four subparallel gold structures have been defined.About AmarilloAmarillo Gold Corporation is advancing two gold projects in Brazil. Both are in mining-friendly states and have excellent nearby infrastructure. The development stage Posse Gold Project on its Mara Rosa Property in Goiás State has received the main permit that provides social and environmental permission for mining. Work is underway on receiving the installation permit. The exploration stage Lavras do Sul Project in Rio Grande do Sul State has more than 22 prospects centered on historic gold workings.Amarillo Gold Corporation trades on the TSXV under the symbol AGC, and on the OTCQB under the symbol AGCBF.For further information, please contactMike Mutchler  Annemarie Brissenden President & CEO  Investor Relations 416-294-0736 416-844-6284 mike.mutchler@amarillogold.com  annemarie.brissenden@amarillogold.com  Qualified PersonMichael Durose, P.Geo., Consulting Geologist for Amarillo Gold Corp. and a qualified person ("QP") as defined by Canadian National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this release.Quality assurance and quality controlSample handling, preparation and analysis are monitored through the implementation of formal chain-of-custody procedures and quality assurance/quality control programs designed to follow industry best practices.Trench channel samples were taken at 1 m intervals and placed in a secure sample bag and submitted to ALS Laboratories Inc. in Goiania, Goiás State, Brazil for preparation by crushing to 70% passing 2.0 mm, riffle splitting to obtain 500 g aliquots, and pulverizing to 85% passing 75 microns.Pulps are shipped to ALS Laboratories in Lima, Peru and analyzed by a 30 g fire assay and AAS finish. For assays above 10 ppm Au, a cut of the original pulp was re-assayed with a gravimetric finish.Certified standards, non-certified blanks and field duplicates are inserted into the sample stream at regular intervals, so that QA/QC accounted for about 10% of the total samples. Results are routinely evaluated for accuracy, precision and contamination.Forward-looking statementsThis news release contains forward-looking statements regarding the Company’s current expectations regarding future events, including its business, operations and condition, and management’s objectives, strategies, beliefs and intentions.Various factors may prevent or delay our plans, including but not limited to, the trading price of the common shares of the Company, capital market conditions, impacts from the coronavirus or other epidemics, counterparty risk, TSXV approval(s), contractor availability and performance, weather, access, mineral and gold prices, and success and failure of the exploration and development carried out at various stages of the program.Permission from the government and community is also required to proceed with future mining production. Readers should review the Company’s ongoing quarterly and annual filings, as well as any other additional documentation comprising the Company’s public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements.Readers should also review the risk factors applicable to junior mining exploration companies generally to better understand the variety of risks that can affect the Company. The Company undertakes no obligation to update publicly or otherwise revise any Forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law.DisclaimerNeither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the content of this news release.PDF available: http://ml.globenewswire.com/Resource/Download/ea159400-1978-4084-ba59-f352d5d3a20f

  • GlobeNewswire

    Amarillo CEO to present at PMS Beaver Creek on September 15

    TORONTO, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) has recently achieved several key milestones toward developing its flagship Posse Gold Project into Brazil’s next gold mine. Mike Mutchler, President and Chief Executive Officer, will review those achievements during his presentation at the Precious Metals Summit Beaver Creek on Tuesday, September 15, 2020 at 4.30 p.m. ET. His presentation will be webcast live via the follow link: https://wsw.com/webcast/preciousmetals/agc.v/3163568.Mutchler will report on: * the results of the positive feasibility study that gives Posse a net present value of US$360 million using a 5% discount rate and an after-tax internal rate of return of 50% using a gold price of US$1,730 per ounce and a Brazilian Reais to U.S. dollar exchange rate of 5.3:1 * progress toward securing construction financing, including the equity financing that closed on August 13, 2020 and raised gross proceeds of $57.2 million * progress on permitting and detailed engineering at Posse * how regional exploration has the potential to find more near-surface gold deposits that could extend Posse’s mine life beyond 10 years.About Amarillo Amarillo Gold Corporation is advancing two gold projects in Brazil. Both are in mining-friendly states and have excellent nearby infrastructure. The development stage Posse Gold Project on its Mara Rosa Property in Goiás State has received the main permit that provides social and environmental permission for mining. Work is underway on receiving the installation permit. The exploration stage Lavras do Sul Project in Rio Grande do Sul State has more than 22 prospects centered on historic gold workings.Amarillo Gold Corporation trades on the TSXV under the symbol AGC, and on the OTCQB under the symbol AGCBF.For further information, please contact Mike MutchlerAnnemarie Brissenden President & CEOInvestor Relations 416-294-0736416-844-6284 mike.mutchler@amarillogold.comannemarie.brissenden@amarillogold.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the content of this news release.PDF available: http://ml.globenewswire.com/Resource/Download/888e4627-77e2-444f-9aa6-be51d39ddf57

  • GlobeNewswire

    Amarillo reports second quarter results

    This news release should be read in conjunction with Amarillo Gold Corporation’s condensed interim consolidated financial statements and management’s discussion and analysis for the six months ended June 30, 2020. Both are available at www.amarillogold.com and filed under the Company’s profile on SEDAR at www.sedar.com. All monetary amounts are expressed in Canadian dollars unless otherwise specified.TORONTO, Aug. 31, 2020 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (Amarillo or the Company) (TSXV: AGC, OTCQB: AGCBF) today announced its financial results for the six months ended June 30, 2020.Amarillo achieved several key corporate milestones in the second quarter of 2020.Completed the positive definitive feasibility study for the Posse Gold Project * It supports an open pit mine and carbon-in-leach operation with dry stack tailings that has low capital and operating costs and a strong financing return. * Mine life of 10 years with gold production of 102,000 ounces per year in the first four years, and average annual production of 84,000 ounces. * After-tax net present value 5% of US$183 million, internal rate of return of 25%, and all-in sustaining cost of US$738 per ounce, based on US$1,400 gold and foreign exchange rate of Brazilian Reais 4.2 to US$1.Project development at Mara Rosa * Permitting – the State of Goiás announced its formal support of the Posse Gold Project on May 26, and the Water Use Permit was issued by Brazil’s National Water Agency subsequent to quarter end in July. The Deforestation Permit is expected shortly. The License to Install continues to undergo review, and the Company anticipates it will be issued this fall. * Land acquisition – 762 hectares have been purchased or are under contract to purchase. Negotiations to purchase the remaining 339 hectares are continuing with landowners. * Exploration – results from 3,000-metre drill program on northeastern extension of Posse Gold Deposit showed potential to find near-surface gold deposits along its Posse North Gold Trend. Equity portion of construction financing successfully closed * Successful $57.2 equity offerings announced and closed subsequent to Q2 * Negotiations are in progress under direction of Auramet International, the Company’s financial adviser, to finalize the balance of the construction financing for Posse.“We achieved our goal of completing the feasibility study for our Posse Gold Project in the second quarter,” said Mike Mutchler, Amarillo’s Chief Executive Officer. “Our next goal is to secure the construction financing, and we successfully closed the equity portion of that financing subsequent to quarter end. We’re continuing to work with Auramet on the debt portion and anticipate finalizing that before the end of the year.“We’re very fortunate that Covid-19 has not had a material impact on our operations, and our thoughts are with the many people in Brazil who are suffering from this pandemic.”Brazil has been hit hard by Covid-19. It had more than 3 million reported cases of the virus, however the number of new cases reported daily has started to decline.On March 27, 2020, Brazil announced a temporary ban on foreign air travel. Most state governors have imposed quarantines to prevent the spread of the virus, and the State of Goiás, home to Mara Rosa, imposed a set of restrictions on non-essential businesses (including mining) that were in effect until April 4, 2020.Amarillo has followed the guidelines set by the local governments and health authorities where it operates. Its management team and employees in Toronto, Canada, and Belo Horizonte, Brazil, have been working from home since mid-March, and the Company has continued to operate effectively while working remotely. It has also instituted a series of operational and monitoring protocols to ensure the health and safety of its employees, who are closely monitored in the event of a Covid-19 outbreak.The operations at Mara Rosa and Lavras do Sul have not been affected by Covid-19, and so far, the pandemic has not had a material impact on the Company’s operations, financial condition, cash flows, and financial performance.While it is hard to predict what impact the outbreak will have on implementing the Company’s exploration and development activities, Amarillo’s management team remains confident that the delays may be minimal. The Company has full access to its properties, and its consultants have been able to continue their work uninterrupted.Financial resultsThe following table summarizes the Company’s major operating expense categories for the second quarter of 2020 and 2019 (Q2 2020 and Q2 2019) and for the six months ended June 30, 2020 and 2019. Three months ended June 30Six months ended June 30  2020 20192020 2019  $ $$ $ General and administrative (G&A)     Consulting66,751 57,571127,466 115,471 Professional186,988 224,908391,398 387,332 Salaries/benefits and management fees168,305 176,351353,811 353,998 Directors’ fees52,500 25,000105,000 50,000 Marketing and promotion20,595 90,74353,054 161,026 Filing and transfer agent22,116 30,63849,966 41,693 Travel- 7,0529,625 14,757 Other G&A38,204 50,081108,743 123,965 Total G&A555,459 662,3441,199,063 1,248,242 Recovery of legal fees from WPC(187,000)-(187,000)- Stock-based compensation- 43,893- 92,004 Financial advisory services- -37,289 - Foreign exchange (gain) loss64,060 248,006(102,251)232,142 Interest and finance charges3,142 21,39524,691 23,118 Net loss and comprehensive loss435,661 975,638971,792 1,595,506 For the three months ended June 30, 2020, the Company recorded a loss of $435,661 (Q2 2019: $975,638) mostly as a result of the following. Consulting fees of $66,751 in Q2 2020 (Q2 2019: $57,571) consisted of financial and technical advisory services paid to various consultants, marketing and investor relations consultants, and fees in Brazil.Professional fees (including legal, audit, accounting and advisory) of $186,988 in Q2 2020 (Q2 2019: $224,908) consisted of $88,312 (Q2 2019: $123,850) in Canada and $98,676 (Q2 2019: $101,058) in Brazil.Salaries/benefits of $168,305 in Q2 2020 (Q2 2019: $176,351) consisted of $131,390 (Q2 2019: $125,313) in Canada and $36,915 (Q2 2019: $51,038) in Brazil. Salaries in Brazil declined due to the weakening of the Brazilian real versus the Canadian dollar.Marketing and promotion of $20,595 in Q2 2020 (Q2 2019: $90,743) declined due to less trade shows and travel mostly related to the Covid-19 restrictions.Filing and transfer agent fees of $22,116 in Q2 2020 (Q2 2019: $30,638) decreased due to reduced shareholders’ requests for transfer agent services.Other general and administrative expenses of $38,204 in Q2 2020 (Q2 2019: $50,081) include $24,073 (Q2 2019: $44,329) related to operations in Brazil, and $14,131 (Q2 2019: $5,752) related to operations in Canada.Recovery of legal fees from WPC of $187,000 (Q2 2019: $nil) relate to the settlement with WPC, which agreed to pay the costs awarded by the Supreme Court of British Columbia. On January 8, 2020, the Supreme Court of British Columbia rendered judgment in favour of the Company with respect to the Petition filed by WPC and two related applications. The court awarded ordinary costs of the proceedings to May 10, 2019, and special costs after that date.Stock-based compensation of $nil in Q2 2020 (Q2 2019: $43,893). There were no stock options granted in Q2 2020. The Q2 2019 stock compensation relates to unvested options granted in 2018.Foreign exchange losses and gains relate to the ANM liability for all periods and to the WPC receivable recorded for the first time in Q2 2020. Both items are recorded in Brazilian reais. The decline in the value of the Brazilian real relative to the Canadian dollar in Q2 2020 accounted for a gain of $91,098 relating to the ANM liability.This decline in value of the Brazilian real had the reverse effect on the WPC receivable, which recorded a loss of $173,552. The aggregate net foreign exchange loss relating to these two items was $82,454. This was offset by foreign exchange loss of $18,007 relating to general operations for a net overall foreign exchange gain of $102,251.About AmarilloAmarillo Gold Corporation (www.amarillogold.com) is advancing two gold projects in Brazil. Both are in mining-friendly states and have excellent nearby infrastructure.The development stage Posse Gold Project on its Mara Rosa Property in Goiás State has received the main permit that provides social and environmental permission for mining. Work is underway on receiving the installation permit.The exploration stage Lavras do Sul Project in Rio Grande do Sul State has more than 22 prospects centered on historic gold workings.Amarillo Gold Corporation trades on the TSXV under the symbol AGC, and on the OTCQB under the symbol AGCBF.For further information, please contactMike MutchlerAnnemarie Brissenden President & CEOInvestor Relations 416-294-0736416-844-6284 mike.mutchler@amarillogold.comannemarie.brissenden@amarillogold.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the content of this news release.Non-IFRS financial measures The Company has included certain non-IFRS financial measures in this MD&A. These measures, which include AISC and AISC per ounce, are not recognized under IFRS and do not have a standardized meaning prescribed by IFRS. As a result, these measures may not be comparable to similar measures reported by other companies.These measures used are intended to provide additional information and should not be considered in isolation or as a substitute for measures in accordance with IFRS. They are common to the gold mining industry and defined below.AISC and AISC per ounce AISC reflects all the expenditures that are required to produce an ounce of gold from operations. The AISC reported in the news release includes total cash cost, sustaining capital, and closure cost. AISC per ounce is calculated as AISC divided by payable gold ounces.Forward-looking statements This news release contains forward-looking statements regarding the Company’s current expectations regarding future events, including its business, operations and condition, and management’s objectives, strategies, beliefs and intentions.Various factors may prevent or delay our plans, including but not limited to, the trading price of the common shares of the Company, capital market conditions, impacts from the coronavirus or other epidemics, counterparty risk, TSXV approval(s), contractor availability and performance, weather, access, mineral and gold prices, and success and failure of the exploration and development carried out at various stages of the program.Permission from the government and community is also required to proceed with future mining production. Readers should review the Company’s ongoing quarterly and annual filings, as well as any other additional documentation comprising the Company’s public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements.Readers should also review the risk factors applicable to junior mining exploration companies generally to better understand the variety of risks that can affect the Company. The Company undertakes no obligation to update publicly or otherwise revise any Forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law.PDF available: http://ml.globenewswire.com/Resource/Download/42e355e1-44fc-4c78-81c5-d4a7bf8529cd