ITEM 3 LEGAL PROCEEDINGS
−Removed: The Company’s mining and exploration activities are subject to various laws and regulations governing environmental protection.
+Added: The Company’s metals, mining and related activities are subject to various laws and regulations governing environmental protection.
These laws and regulations are frequently changing and generally becoming more restrictive.
−Removed: The Company believes its operations are in compliance with applicable laws and regulations, in all material respects.
+Added: The Company believes its operations comply with applicable laws and regulations, in all material respects.
The Company continuously makes expenditures to comply with such laws and regulations but cannot predict the full amount of such future expenditures.
−Removed: On November 21, 2022, The Comstock Residents Association (the "CRA") filed a Petition for En Banc Reconsideration in the Nevada Supreme Court in response to the latest of several previous orders by the Nevada Supreme Court and the Third Judicial District Court in Lyon County, Nevada, all of which have been issued in favor of the Company and/or the Lyon County Board of Commissioners since the CRA initially filed civil actions in 2014 related to the Company's mining rights in Lyon County.
−Removed: No response to the Petition for En Banc Reconsideration is to be filed unless requested by the court.
−Removed: On January 19, 2023, the Nevada Supreme Court issued an order denying the En Banc Reconsideration.
−Removed: On August 20, 2021, former employees of the Company filed a wrongful termination lawsuit against the Company, its Board of Directors, its Audit and Finance Committee, its Chief Executive Officer and certain of its managers for the termination of their employment.
−Removed: On March 4, 2022, the Company and the former employees agreed to a $350,000 settlement.
−Removed: We paid the settlement in full during the fiscal year ended December 31, 2022, and the litigation has been dismissed.
From time to time, we are involved in claims and proceedings that arise in the ordinary course of business.
5 unchanged sentences
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.