SLIDE 1
Annual General Meeting
April 28, 2017
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This presentation contains forward-looking statements and forward-looking information within the meaning of applicable securities
- laws. Forward-looking statements can generally be identified by the use of words such as “anticipates”, “believes”, “plans”,
“intends”, “estimates”, “are expected”, “is forecast”, “approximately” or variations of such words and phrases, or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or words and expressions
- f similar nature. Amongst others, the Fund has made forward-looking statements for the Fund and the Operating Trust’s future
business plans and operation of the Processing Facility, Net Revenues under market terms, the sensitivity of Net Revenues under market terms, the sale of zinc metal inventory, future liabilities and obligations of the Fund (including capital expenditures), the ability of the Fund to operate profitably after the expiry of the initial term of the Supply and Processing Agreement in May 2017, the dependence upon the continuing supply of zinc concentrates and competition relating thereto, the ability of the Processing Facility to treat a more varied feed quality stream, anticipated trends in zinc concentrate supply and demand, zinc concentrate treatment charges, the anticipated financial and operating results of the Fund and distributions to Unitholders. The Fund provides this information because they are the key drivers of the business. Readers are cautioned that this information may not be appropriate for other reasons. These statements and information are based, among others, on the Fund’s current assumptions, expectations, estimates,
- bjectives, plans and intentions regarding projected revenues and expenses, the economic and industry environments in which
the Fund operates or which could affect the Fund’s activities, the Fund’s ability to attract and retain clients and consumers as well as the Fund’s operating costs, raw materials and energy supplies, all of which are subject to a number of risks and uncertainties. Forward-looking information involves known and unknown risks, uncertainties and other factors, which may cause the actual events, results or performance to be materially different from any future events, results or performance expressed or implied by the forward-looking statements and information. As a result, the Fund cannot guarantee that any forward-looking statements will
- materialize. Assumptions, expectations and estimates made in the preparation of forward-looking statements and risks that could
cause the Fund’s actual events, results or performance to differ materially from the Fund’s current expectations are discussed throughout this document and in our other continuous disclosure materials available on SEDAR at www.sedar.com. Examples of such risks, uncertainties and other factors include, but are not limited to: (1) the Fund’s ability to operate at normal production levels and to generate sufficient income, including because of the ongoing strike of the employees at the Processing Facility, and to make distributions; (2) the demand and price for zinc concentrate, zinc metal, sulphuric acid and copper in cake; (3) dependence upon the continuing supply of zinc concentrates and the terms of that supply; (4) the ability to manage sulphuric acid inventories; (5) changes in future zinc concentrate, zinc grade and impurity levels and their potential impact on capital expenditure and working capital requirements, operating costs, production and recoveries;
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Forward-Looking Statements
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