Risk Disclosure
This Risk Disclosure highlights important considerations relating to NEP opportunities, transaction structures, verification, and market conditions.
General Nature of NEP Transactions
Transactions involving NEP assets are complex, subject to variable market and regulatory conditions, and depend on the integrity of documentation, verification, laboratory findings, custody arrangements, and party conduct.
Document and Authority Risk
Submitted documentation may be inaccurate, incomplete, forged, expired, unauthorized, or otherwise unreliable. Verification is essential, and reliance on unverified documents is discouraged.
Technical and Laboratory Risk
Laboratory reports, assessment references, and technical measurements may vary based on methodology, sampling, equipment, and interpretation. Independent confirmation is often necessary.
Legal and Regulatory Risk
Applicable legal, regulatory, licensing, sanctions, export, or governmental requirements may affect the ability to progress or complete a transaction.
Custody and Physical Risk
Physical assets are subject to storage, handling, transport, environmental, and access risks. Custody arrangements require professional operation and monitoring.
Financial and Banking Risk
Payment structures, settlement mechanisms, banking approvals, and international transfers may be delayed, restricted, or refused by financial institutions or authorities.
Counterparty Risk
Any transaction depends on the integrity, capability, and conduct of the parties involved. Counterparty behavior can materially affect outcomes.
Market and Price Risk
Market conditions can change rapidly. Historical references do not indicate future prices, availability, or transaction outcomes.
No Guarantee of Outcome
Texas Metals does not guarantee acquisition, funding, valuation, approval, custody acceptance, insurance issuance, laboratory confirmation, or any transaction result.
Independent Advice
Any party considering an NEP transaction should obtain independent legal, tax, financial, technical, laboratory, insurance, custody, and regulatory advice appropriate to their circumstances.