Item 3. Legal Proceedings
ITEM
3. LEGAL PROCEEDINGS
From
time to time, we are involved in various legal proceedings arising from the normal course of business activities. To the knowledge of
our management, there are no legal proceedings currently pending against us which we believe would have a material effect on our business,
financial position or results of operations and, to the best of our knowledge, there are no such legal proceedings contemplated or threatened.
Defending such proceedings is costly and can impose a significant burden on management and employees. The results of any current or future
litigation cannot be predicted with certainty, and regardless of the outcome, litigation can have an adverse impact on us because of
defense and settlement costs, diversion of management resources, and other factors.
ITEM
4. MINE SAFETY DISCLOSURES
Not
applicable.
PART
II
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