What changed in this filing

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Item 1B. Unresolved Staff Comments

2026-03-31 compared with 2025-03-24 · 31 added, 28 removed, 19 unchanged (76% of the section changed)

2 unchanged sentences

Management and Strategy

have established policies and processes for assessing, identifying, and managing material risk from cybersecurity threats, and have integrated

have established policies and processes for assessing, identifying, and managing material

risk from cybersecurity threats, and have integrated

these processes into our overall risk management systems and processes.

We routinely assess material risks from cybersecurity threats,

including any potential unauthorized occurrence on or conducted through our information and email systems that may result in adverse

effects on the confidentiality, integrity, or availability of our information and email systems or any information residing therein.

We routinely assess

material risks from cybersecurity threats, including any potential unauthorized occurrence

on or conducted through our information and email systems that may result in adverse effects

on the confidentiality, integrity, or availability of our information and email systems or

any information residing therein.

conduct periodic risk assessments to identify cybersecurity threats, as well as assessments in the event of a material change in our

3 unchanged sentences

risks, and the sufficiency of existing policies, procedures, systems, and safeguards in place to manage such risks.

these risk assessments, we intend to take any steps necessary to redesign, implement, and maintain reasonable safeguards to minimize

identified risks;

to reasonably address any identified gaps in existing safeguards;

and to regularly monitor the effectiveness of our

Primary responsibility for assessing, monitoring and managing our cybersecurity risks rests with an IT consultant, who reports

to our Chief Executive Officer and Chief Financial Officer, to manage the risk assessment and mitigation process.

As part of our overall

risk management system, we monitor and periodically evaluate our safeguards.

may engage consultants, or other third parties in connection with our risk assessment processes.

These service providers can assist us

to design and implement our cybersecurity policies and procedures, as well as to monitor and test our safeguards.

these risk assessments, we intend to take any steps necessary to redesign, implement, and

maintain reasonable safeguards to minimize identified risks;

to reasonably address any identified

gaps in existing safeguards;

and to regularly monitor the effectiveness of our safeguards.

Primary responsibility for assessing, monitoring and managing our cybersecurity risks rests

with an IT consultant, who reports to our Chief Executive Officer and Chief Financial Officer,

to manage the risk assessment and mitigation process.

As part of our overall risk management

system, we monitor and periodically evaluate our safeguards.

may engage consultants, or other third

parties in connection with our risk assessment processes.

service providers can assist us to design and implement our cybersecurity policies and procedures, as well as to monitor and test our

date, we have not encountered cybersecurity challenges that have materially impaired our operations or financial condition.

1 unchanged sentence

Risk Factors”.

of the functions of our Board of Directors is informed oversight of our risk management process, including risks from cybersecurity threats.

Our Board of Directors is responsible for monitoring and assessing strategic risk exposure, and our executive officers are responsible

for the day-to-day management of the material risks that we face.

Our Board of Directors administers its cybersecurity risk oversight

function directly as a whole, as well as through the audit committee.

of the functions of our Board of Directors is informed oversight of our risk management process,

including risks from cybersecurity threats.

Our Board of Directors is responsible for monitoring

and assessing strategic risk exposure, and our executive officers are responsible for the

day-to-day management of the material risks that we face.

Our Board of Directors administers

its cybersecurity risk oversight function directly as a whole, as well as through the audit

Chief Executive Officer and Chief Financial Officer are primarily responsible to assess and manage our material risks from cybersecurity

5 unchanged sentences

and incidents.

Chief Executive Officer and Chief Financial Officer provide periodic briefings to the audit committee regarding the Company’s cybersecurity

risks and activities, including any recent cybersecurity incidents and related responses, cybersecurity systems testing, activities of

third parties, and similar issues.

LEGAL PROCEEDINGS

Company may be subject to legal claims and actions from time to time as part of its business activities.

As of December 31, 2024, the

Company was not subject to any threatened or pending lawsuits, legal claims or legal proceedings.

MINE SAFETY DISCLOSURES

Chief Executive Officer and Chief Financial Officer provide periodic briefings to the audit

committee regarding the Company’s cybersecurity risks and activities, including any recent cybersecurity incidents and related

responses , cybersecurity systems testing, activities of third

parties, and similar issues.

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.

What changed 10-K

Item 1B. Unresolved Staff Comments