7 unchanged sentences
Imposed, announced or changes in tariffs, trading policies and restrictions, potential trade wars, or uncertainties in international trading policies and regulations may adversely impact our operations, financial performance and outlook.
+Added: There is no assurance that Red Sun will satisfy its payment obligations to us in full or in a timely manner.
+Added: Pursuant to the 2024 Red Sun transaction, we, through VRB Energy, are entitled to receive $20 million in cash from Red Sun payable in two equal tranches, which we plan to use for the growth and advancement of VRB USA.
+Added: The first payment of $10 million was received in February 2025.
+Added: Red Sun did not make the second payment of $10 million by its contractual due date of June 30, 2025.
+Added: As of November 5, 2025, Red Sun has not made this payment.
+Added: There can be no assurance that Red Sun will satisfy its remaining payment obligations to us in full or in a timely manner.
+Added: Any delay, reduction or failure to make this payment would have an adverse impact on our plans for VRB USA.
+Added: There is no guarantee that the proposed sale of Cordoba’s remaining interest in the Alacrán Copper Project will be successfully completed.
+Added: Cordoba, our publicly listed and majority owned subsidiary, has entered into an agreement to sell Cordoba’s remaining 50% interest in the Alacrán Copper Project, related exploration properties, and certain intercompany receivables, for consideration of up to $128 million, consisting of $88 million in cash at closing, $12 million in deferred payment, and up to
+Added: $28 million in contingent payments based on daily London Metal Exchange spot copper price during the first twelve months of commercial production.
+Added: The sale is conditioned upon Cordoba receiving the EIA Approval.
+Added: There can be no assurance that the EIA Approval will be received and no assurance that all other remaining closing conditions will be satisfied or that the transaction will close on the anticipated timeline, or at all.
+Added: Failure to complete this transaction would adversely affect Cordoba’s financial condition and our investment in Cordoba.
+Added: Additionally, even if the transaction closes, there is no guarantee that the deferred payment or any contingent payments will be received.
Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: Unregistered Sales of Equity Securities for the Three Months Ended June 30, 2025
−Removed: There were no unregistered sales of equity securities during the three months ended June 30, 2025.
+Added: Unregistered Sales of Equity Securities for the Three Months Ended September 30, 2025
+Added: There were no unregistered sales of equity securities during the three months ended September 30, 2025.
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.