Item 1B. Unresolved Staff Comments
Item 1B. Unresolved Staff Comments
Not applicable.
Item 1C. Cybersecurity
We recognize the importance of cybersecurity in
protecting our information systems and data. Cybersecurity threats pose risks to the confidentiality, integrity and availability of our
information systems and could adversely affect our business operations, financial condition and reputation.
Managing Material Risks & Overall Risk
Management
As an exploration-stage company with limited personnel
and information technology infrastructure, we rely primarily on third-party service providers and commercially available information technology
systems to support our operations and store and process our data. We seek to manage cybersecurity risk through management oversight of
our information systems and through the security features and safeguards provided by these third-party service providers and systems.
We periodically evaluate potential cybersecurity risks affecting our operations and consider enhancements to our cybersecurity practices
as our business and technology needs evolve.
To date, we have not experienced any cybersecurity
incidents that have materially affected, or are reasonably likely to materially affect, our business strategy, results of operations or
financial condition.
Governance
Our management is responsible for the assessment
and management of cybersecurity risks. Our Board oversees cybersecurity risk as part of its general oversight of the Company’s risk
management processes . The Board administers this oversight directly as a whole and through its Audit Committee.
The Audit Committee assists the Board in fulfilling
its oversight responsibilities relating to risk assessment and management, including cybersecurity and other information technology risks.
In this role, the Audit Committee oversees management’s implementation of cybersecurity risk management practices, including processes
for identifying, assessing and mitigating cybersecurity risks. Our executive management team reports to the Audit Committee on cybersecurity
matters from time to time, and at least annually.
For additional information regarding cybersecurity
risks, see “Risk Factors” in this Annual Report.
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