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SDRL – New Four-Year Contract for Seadrill’s West Saturn Drillship with Equinor Brasil

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HAMILTON, Bermuda, April 27, 2021 /PRNewswire/ — Seadrill Limited (“Seadrill” or the “Company”) (OSE:SDRL) (OTCQX:SDRLF) has secured a four year firm contract with four one year options, for the West Saturn drillship with Equinor Brasil Energia Ltda for work on the Bacalhau field in Brazil.

Total value for the firm portion of the contract is expected to be approximately $380 million (inclusive of mobilization, upgrades, and integrated services revenue) with a performance bonus providing meaningful incremental opportunity. The total contract value is contingent on the final investment decision by the partnership for Bacalhau. Commencement is expected in 1Q 2022.

The West Saturn has Seadrill’s existing, bespoke, managed pressure drilling (MPD) system already installed and in conjunction with Equinor and our partners, will receive further upgrades and enhancements in safety, efficiency, and environmental control.

Human factor safety enhancements to red zone management will be automated through the use of our AI-enabled safety technology Vision IQ. The efficiency of the drillship will be further enhanced through Seadrill’s Plato Performance solution, driving continuous improvement in repetitive drilling activities whilst delivering consistent process execution and optimization of the drilling program with improved safety.  

In line with our efforts to reduce emissions, the fuel consumption of the West Saturn is expected to be reduced by between 10-15% with the introduction of a combined hydrogen and methanol injection system along with other energy efficiency upgrades. Emissions of carbon dioxide (CO2) are expected to reduce by between 10-15%, and Nitrous Oxide (NOx) by between 30-80%.

This award, in collaboration with Equinor and their partners, demonstrates our commitment to reducing our overall carbon footprint whilst setting the standard in drilling through industry leading technological upgrades.

Seadrill’s Chief Executive Officer, Stuart Jackson commented, “This further broadening of our long-standing relationship with Equinor is a testament to the experience and consistent operational excellence of our team. The West Saturn’s planned upgrades are a key development in Seadrill’s innovation pipeline, as the adoption of new technologies will improve drilling efficiency and reduce the environmental footprint of Seadrill and our clients’.”

About Seadrill

Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oil and gas resources for clients across harsh and benign locations across the globe. Seadrill’s high quality, technologically advanced fleet spans all asset classes allowing its experienced crews to conduct its operations from shallow to ultra-deep-water environments. The company operates 43 rigs, which includes drillships, jack-ups and semi-submersibles.

Seadrill is listed on the Oslo Børs and OTCQX. For more information, visit https://www.seadrill.com/

FORWARD LOOKING STATEMENTS

This news release includes forward looking statements. Such statements are generally not historical in nature, and specifically include statements about the Company’s plans, strategies, business prospects, changes and trends in its business, the markets in which it operates and its restructuring efforts. These statements are made based upon management’s current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, which speak only as of the date of this news release. Consequently, no forward-looking statement can be guaranteed. When considering these forward-looking statements, you should keep in mind the risks described from time to time in the Company’s regulatory filings and periodical reporting. The Company undertakes no obligation to update any forward looking statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors. Further, the Company cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward looking statement.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. 

For further information, please contact:

[email protected]
020 3745 4960

This information was brought to you by Cision http://news.cision.com

SOURCE Seadrill Limited

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Energy

Anti-block Additives Market to grow by USD 417.84 million|Key Drivers and Market Forecasts|17000+ Technavio Research Reports

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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have at Par impact on the anti-block additives market.

Frequently Asked Questions:

  • Based on segmentation by the product, which is the leading segment in the market?
    Inorganic is the leading segment in the market.
  • At what rate is the market projected to grow?
    The market is projected to accelerate at a CAGR of over 6%.
  • Who are the top players in the market?
    ALTANA AG, Croda International Plc, Elementis Plc, Evonik Industries AG, Honeywell International Inc., LyondellBasell Industries NV, Minerals Technologies Inc., Momentive Performance Materials Inc., Quarzwerke GmbH, and W. R. Grace and Co. are the top players in the market.
  • What are the key market drivers and challenges?
    The market is driven by the inclination toward the adoption of advanced technology. However, the presence of alternatives like biofilms will impede the market growth.
  • How big is the APAC market?
    44% of the market’s growth will originate from APAC during the forecast period.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ALTANA AG, Croda International Plc, Elementis Plc, Evonik Industries AG, Honeywell International Inc., LyondellBasell Industries NV, Minerals Technologies Inc., Momentive Performance Materials Inc., Quarzwerke GmbH, and W. R. Grace and Co. are some of the major market participants. Factors such as the low manufacturing cost, the inclination toward the adoption of advanced technology, and the rise in disposable income will offer immense growth opportunities. The increase in the overall cost of packaging is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this anti-block additives market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Anti-block Additives Market 2021-2025: Segmentation

Anti-block Additives Market is segmented as below:

  • Product
    • Inorganic
    • Organic
  • Material
    • LLDPE
    • HDPE
    •  LDPE
    • BOPP
    • Others
  • Application
    • Food And Packaging
    • Pharmaceutical
    • Agriculture
    • Others
  • Geography
    • APAC
    • North America
    • Europe
    • MEA
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43998

Anti-block Additives Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The anti-block additives market report covers the following areas:

  • Anti-block Additives Market Size
  • Anti-block Additives Market Trends
  • Anti-block Additives Market Industry Analysis

This study identifies the low manufacturing cost as one of the prime reasons driving the Anti-block Additives Market growth during the next few years.

Anti-block Additives Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist anti-block additives market growth during the next five years
  • Estimation of the anti-block additives market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the anti-block additives market across APAC, North America, Europe, MEA, and South America
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of anti-block additives market vendors

Related Reports on Materials Include:

Global Aircraft Cleaning Chemicals Market– The aircraft cleaning chemicals market is segmented by application (commercial aircraft and military aircraft) and geography (APAC, North America, Europe, MEA, and South America).
Download FREE Sample Report

Global Aircraft Cleaning and Sanitizing Market– The aircraft cleaning and sanitizing market is segmented by application (commercial aircraft and military aircraft) and geography (APAC, North America, Europe, MEA, and South America).
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Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Inorganic – Market size and forecast 2020-2025
  • Organic – Market size and forecast 2020-2025
  • Market opportunity by Product

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Food and packaging – Market size and forecast 2020-2025
  • Pharmaceutical – Market size and forecast 2020-2025
  • Agriculture – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by Application

Market Segmentation by Material

  • Market segments
  • Comparison by Material
  • LLDPE – Market size and forecast 2020-2025
  • HDPE – Market size and forecast 2020-2025
  • LDPE – Market size and forecast 2020-2025
  • BOPP – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by Material

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ALTANA AG
  • Croda International Plc
  • Elementis Plc
  • Evonik Industries AG
  • Honeywell International Inc.
  • LyondellBasell Industries NV
  • Minerals Technologies Inc.
  • Momentive Performance Materials Inc.
  • Quarzwerke GmbH
  • W. R. Grace and Co.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report Page: https://www.technavio.com/report/anti-block-additives-market-industry-analysis

SOURCE Technavio

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Energy

Sabesp Announces 1Q21 Results

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SÃO PAULO, May 13, 2021 /PRNewswire/ — Companhia de Saneamento Básico do Estado de São Paulo – SABESP (B3: SBSP3;NYSE: SBS), one of the largest water and sewage services providers in the world based on the number of customers, announces today its first quarter of 2021 results.

In 1Q21, net operating revenue, which considers construction revenue, totaled R$ 4,677.4 million, up 15.7% over 1Q20.

Costs and expenses, which consider construction costs, totaled R$ 3,591.2 million, up 17.9% over 1Q20.

Adjusted EBIT totaled R$ 1,094.3 million, up 9.4% over the R$ 1,000.3 million recorded in 1Q20.

Adjusted EBITDA, in the amount of R$ 1,636.4 million, increased by 10.3% over the R$ 1,483.8 million reported in 1Q20 (R$ 6,574.3 million in the last 12 months).

The Adjusted EBITDA margin reached 35.0% in 1Q21, compared to 36.7% in 1Q20 (35.7% in the last 12 months).

Excluding the effects of revenue and construction costs, adjusted EBITDA margin reached 44.2% in 1Q21, compared to 41.8% in 1Q20 (45.6% in the last 12 months).

The Company recorded net income of R$ 496.9 million in 1Q21, compared to loss of R$ 657.9 million in 1Q20.

The complete version of the release is available at the Company’s website: ri.sabesp.com.br

IR Contacts:
Mario Arruda Sampaio: (55 11) 3388-8664 ([email protected])
Angela Beatriz Airoldi: (55 11) 3388-8793 ([email protected])
Juliana P. S. Jardim: (55 11) 3388-9267 ([email protected])

SOURCE Sabesp

Related Links

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Energy

Sabesp anuncia resultados do 1T21

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SÃO PAULO, 13 de maio de 2021 /PRNewswire/ — A Companhia de Saneamento Básico do Estado de São Paulo – SABESP (B3: SBSP3;NYSE: SBS), uma das maiores prestadoras de serviços de água e esgoto do mundo com base no número de clientes, anuncia hoje seus resultados referentes ao primeiro trimestre de 2021.

No 1T21, a receita operacional líquida, a qual considera a receita de construção, totalizou R$ 4.677,4 milhões, um acréscimo de 15,7% em relação ao mesmo período do ano anterior.

Os custos e despesas, que consideram os custos de construção, somaram R$ 3.591,2 milhões, um acréscimo de 17,9% quando comparados ao 1T20.

O EBIT ajustado, no valor de R$ 1.094,3 milhões, aumentou 9,4% em relação aos R$ 1.000,3 milhões apresentados no 1T20.

O EBITDA ajustado, no valor de R$ 1.636,4 milhões, aumentou 10,3% em relação aos R$ 1.483,8 milhões apresentados no 1T20 (R$ 6.574,3 milhões nos últimos 12 meses).

A margem EBITDA ajustada atingiu 35,0% no 1T21, ante 36,7% no 1T20 (35,7% nos últimos 12 meses).

Desconsiderando os efeitos da receita e do custo de construção, a margem EBITDA ajustada resultou em 44,2% no 1T21, ante 41,8% no 1T20 (45,6% nos últimos 12 meses).

No 1T21, houve um lucro de R$ 496,9 milhões, ante um prejuízo de R$ 657,9 milhões no 1T20.

A versão completa do arquivo está disponível no site da Companhia: ri.sabesp.com.br

Contatos de RI:
Mario Arruda Sampaio – (55 11) 3388-8664 ([email protected])
Angela Beatriz Airoldi – (55 11) 3388-8793 ([email protected])
Juliana P. S. Jardim – (55 11) 3388-9267 ([email protected])

FONTE Sabesp

Related Links

http://www.sabesp.com.br

SOURCE Sabesp

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Energy

Surge Copper gibt Explorationspläne für 2021 bekannt

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  • Die erste geophysikalische ZTEM-Untersuchung (Z-Axis Tipper Electromagnetic Survey, „ZTEM”) wird in Zusammenarbeit mit der Imperial Metals Corporation im gesamten Distrikt durchgeführt
  • Ein mindestens 5.000 Meter umfassendes Bohrprogramm im Bereich der Lagerstätte West Seel, das auf eine weitere Erweiterung und Definition der Ressourcen abzielt, wobei eine Ressource gegen Ende des Jahres erwartet wird
  • Ein mindestens 5.000 Meter umfassendes Bohrprogramm in der Lagerstätte Berg, das auf eine verbesserte Definition und Erweiterung der oberflächennahen hochgradigen Zonen abzielt
  • Die Erkundung der Explorationsaktivitäten im fortgeschrittenen Explorationsziel Bergette, um zuvor noch nicht bebohrte Gebiete dieses Ziels in einen bohrbereiten Zustand zu bringen und Potenzial für einige Erkundungsbohrlöcher zu schaffen
  • Große regionale Erkundungsexplorationen, Schürfungen, Gesteinssplitter- und Bodenprobenahmen und geologische Kartierungen, einschließlich vorläufiger Folgemaßnahmen zu Zielen mit hoher Priorität, die sich aus der ZTEM-Untersuchung ergeben, sowie historische Edelmetallziele wie Captain Mine, Troitsa Peak und Hope (siehe Abbildung 1)
  • Mindestens 3.000 Meter an Grabungs- und Erkundungsbohrprogrammen an mehreren neuen Zielen

Der CEO Leif Nilsson erklärte: „In den letzten fünf Monaten hat Surge dank mehrerer Transaktionen und direkter Beteiligungen eine strategisch bedeutsame Landposition in einem der unserer Meinung nach aussichtsreichsten Gebiete in British Columbia für die Exploration von Porphyrkupfer konsolidiert, das auch über eine hervorragende regionale Infrastruktur verfügt. Während des jüngsten Winterprogramms haben wir 20.028 Meter Ressourcenerweiterungs- und Explorationsbohrungen bei den Lagerstätten Seel durchgeführt, was etwa einem Fünftel der gesamten historischen Bohrinvestitionen in diesen Lagerstätten entspricht. Unser Ziel mit dem nächsten Programm besteht aus drei Aspekten: erstens, die Bestimmung der Größe und der Ausdehnung der Lagerstätten Seel materiell abzuschließen, zweitens, die Definition der hochgradigen oberflächennahen Zonen bei der Lagerstätte Berg zu verbessern und möglicherweise zu erweitern, und drittens, mit der systematischen Erschließung zahlreicher regionaler Explorationsmöglichkeiten im Distrikt zu beginnen. Dazu gehören auch neue Ziele, die sich aus der ZTEM-Untersuchung und historischen Goldvorkommen ergeben könnten.”

Programmdetails

Die Planung und die Vorbereitungen für die Durchführung der ZTEM-Untersuchung zu Beginn des Sommers sind im Gange. Das ZTEM-System, eine unternehmenseigene Technologie von Geotech Ltd., erreicht aufgrund der Verwendung von passiven Umgebungsfeldern, die durch globale Gewitteraktivität in der Erdatmosphäre erzeugt werden, hervorragende Bildgebungsfähigkeiten in größeren Tiefen. Weitere Informationen zu der Technologie finden Sie HIER.

Zwei Bohrgeräte werden Anfang Juni zum Standort Ootsa gebracht, mit denen die Fertigstellung der Seel-Bohrungen über einen Zeitraum von zwei Monaten gewährleistet werden soll.  Gleichzeitig werden in Zusammenarbeit mit einem örtlichen Forstunternehmen erste Arbeiten zur Verbesserung des Zugangs zur Lagerstätte Berg eingeleitet, um die Explorationsaktivitäten in der Region im Spätsommer zu erleichtern. Zwischen Mitte und Ende des Sommers werden ein oder zwei Bohrgeräte in das Gebiet Berg gebracht, um die Definitionsbohrungen abzuschließen. Im Laufe des Sommers werden die Mitarbeiter vor Ort sowohl bei den Liegenschaften Ootsa als auch bei Berg die vorrangigen Gebiete aktiv kartieren und erkunden.

Das Unternehmen geht davon aus, dass die Bohrlochdatenbank in West Seel zum Abschluss des Sommerbohrprogramms so weit fortgeschritten sein wird, dass im Laufe des Jahres eine Ressourcenaktualisierung durchgeführt werden kann. Aufgrund der Kombination mit den systematischen regionalen Explorationsaktivitäten, die im Rahmen des Sommerprogramms durchgeführt werden, geht Surge davon aus, dass die Bodenschätze und das Verständnis des regionalen Potenzials dieses großen Landpakets erheblich verbessert werden.

Sachverständiger

Dr. Shane Ebert, P.Geo., ist die qualifizierte Person für die Projekte Ootsa und Berg gemäß National Instrument 43-101 und hat die technische Offenlegung in dieser Pressemitteilung genehmigt.

Informationen zu Surge Copper Corp.

Das Unternehmen besitzt eine 100-prozentige Beteiligung an der Ootsa-Liegenschaft, einem Explorationsprojekt im fortgeschrittenen Stadium, das die Porphyr-Lagerstätten East Seel, West Seel und Ox enthält und an den Tagebau der Kupfermine Huckleberry angrenzt, die im Besitz von Imperial Metals ist. Die Ootsa-Liegenschaft enthält grubenbegrenzte Ressourcen gemäß NI 43-101 für Kupfer, Gold, Molybdän und Silber in den Kategorien „gemessen” und „angezeigt”.

Das Unternehmen erwirbt außerdem eine 70%ige Beteiligung an der Liegenschaft Berg von Centerra Gold. Berg ist ein großes Explorationsprojekt im fortgeschrittenen Stadium, das sich 28 km nordwestlich der Lagerstätte Ootsa befindet. Berg enthält grubenbegrenzte Ressourcen gemäß 43-101 für Kupfer, Molybdän und Silber in den Kategorien „gemessen” und „angezeigt”. Zusammengenommen verleihen die angrenzenden Liegenschaften Ootsa und Berg Surge eine dominante Landposition im Gebiet Ootsa-Huckleberry-Berg und die Kontrolle über vier fortgeschrittene Porphyrlagerstätten.

Im Namen des Verwaltungsrats

„Leif Nilsson”
Chief Executive Officer

Für weitere Informationen wenden Sie sich bitte an:
Telefon: +1 604 416 2978 oder +1 604 558 5847
[email protected]
http://www.surgecopper.com

Weder die TSX Venture Exchange noch ihr Regulierungsdienstleister (gemäß der Definition dieses Begriffs in den Richtlinien der TSX Venture Exchange) übernehmen die Verantwortung für die Angemessenheit oder Richtigkeit dieser Mitteilung .

Diese Pressemitteilung enthält zukunftsgerichtete Aussagen, die sich auf zukünftige Ereignisse beziehen. In einigen Fällen können Sie zukunftsgerichtete Aussagen an Begriffen wie „wird”, „kann”, „sollte”, „erwartet”, „plant” oder „antizipiert” oder der Negierung dieser Begriffe oder anderer vergleichbarer Begriffe erkennen. Alle hierin enthaltenen Aussagen, die keine historischen Tatsachen darstellen, sind zukunftsgerichtete Aussagen, einschließlich, aber nicht beschränkt auf die Pläne des Unternehmens hinsichtlich der Liegenschaft Berg und der Liegenschaft Ootsa. Diese Aussagen sind lediglich Vorhersagen und beinhalten bekannte und unbekannte Risiken, Ungewissheiten und andere Faktoren, die dazu führen können, dass die tatsächlichen Ergebnisse, Aktivitäten, Leistungen oder Erfolge des Unternehmens erheblich von zukünftigen Ergebnissen, Aktivitäten, Leistungen oder Erfolgen abweichen, die in diesen zukunftsgerichteten Aussagen ausgedrückt oder impliziert werden. Solche Ungewissheiten und Risiken können unter anderem darin bestehen, dass die tatsächlichen Ergebnisse der Explorationsaktivitäten des Unternehmens von den Erwartungen des Managements abweichen, dass es zu Verzögerungen bei der Erlangung von erforderlichen staatlichen oder anderen behördlichen Genehmigungen kommt oder dass diese nicht erteilt werden, dass es nicht möglich ist, eine angemessene Finanzierung für die Durchführung der geplanten Explorationsprogramme zu erhalten, dass es nicht möglich ist, Arbeitskräfte, Ausrüstung und Zubehör in ausreichender Menge und rechtzeitig zu beschaffen, dass es zu Ausfällen von Ausrüstung kommt, dass die Auswirkungen der aktuellen Coronavirus-Pandemie eintreten und dass schlechtes Wetter herrscht. Obwohl diese zukunftsgerichteten Aussagen und alle Annahmen, auf denen sie beruhen, in gutem Glauben getätigt werden und die aktuelle Einschätzung des Unternehmens hinsichtlich der Geschäftsentwicklung widerspiegeln, werden die tatsächlichen Ergebnisse fast immer, manchmal sogar wesentlich, von den hierin enthaltenen Schätzungen, Vorhersagen, Prognosen, Annahmen oder anderen Vorschlägen für die zukünftige Entwicklung abweichen. Das Unternehmen beabsichtigt nicht, zukunftsgerichtete Aussagen zu aktualisieren, um sie an die tatsächlichen Ergebnisse anzupassen, es sei denn, dies ist gesetzlich vorgeschrieben.

Foto – https://mma.prnewswire.com/media/1508373/Surge_Copper_Corp__Surge_Copper_Announces_2021_Exploration_Plans.jpg 

Logo – https://mma.prnewswire.com/media/1508374/Surge_Copper_Corp__Surge_Copper_Announces_2021_Exploration_Plans.jpg

Related Links

https://surgecopper.com/

SOURCE Surge Copper Corp.

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