LEGAL PROCEEDINGS
−Removed: Company is, from time to time, involved in legal proceedings, claims and litigation arising in the ordinary course of business that have
−Removed: a negative impact on the financial results of the Company.
−Removed: While the amounts claimed may be substantial, the ultimate liability cannot
−Removed: be estimated because of considerable uncertainties that exist.
−Removed: Therefore, it is possible the outcome of such legal proceedings, claims,
−Removed: and litigation could have a material negative effect on quarterly or annual operating results or cash flows when resolved in a future
−Removed: However, based on facts currently available, management believes such matters will not have a material adverse effect on the
−Removed: Company’s consolidated financial position, results of operations or cash flows.
−Removed: were no legal proceedings pending as of May 31, 2023.
+Added: time to time, the Company is involved in legal proceedings, claims, and litigation arising in the ordinary course of business, which
+Added: may impact its financial results.
+Added: of May 31, 2024, there were no pending legal proceedings.
+Added: However, the outcome of any future legal matters, claims, or litigation could
+Added: potentially have a material adverse effect on the Company’s quarterly or annual operating results or cash flows when resolved in
+Added: subsequent periods.
+Added: Nonetheless, based on current information, management believes these matters will not have a material adverse effect
+Added: on the Company’s consolidated financial position, results of operations, or cash flows.
MINE SAFETY DISCLOSURES
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.