LEGAL PROCEEDINGS
−Removed: On August 14, 2019, Marlton Wayne LP (“Marlton”) filed a Complaint in the Eighth Judicial District Court, Clark County, Nevada (case no.
−Removed: A-19-800214-8), seeking ten categories of documents from us.
−Removed: This Complaint followed a letter from Marlton sent us on July 22, 2019, demanding an inspection of certain books and records of the Company.
−Removed: On March 13, 2020, we entered into agreement with Marlton to dismiss the case without prejudice, with each party reserving their respective rights as related to attorney fees.
−Removed: We are not a party to any pending legal proceeding, nor are any of our properties the subject of a pending legal proceeding, that is not in the ordinary course of business or otherwise material to the financial condition of its business.
−Removed: None of our directors, officers or affiliates is involved in a proceeding adverse to our business or has a material interest adverse to our business.
−Removed: Other Matters
−Removed: Except as described above, we are not a party to any pending legal proceeding, nor is its property the subject of a pending legal proceeding, that is not in the ordinary course of business or otherwise material to the financial condition of its business.
−Removed: None of our directors, officers or affiliates is involved in a proceeding adverse to its business or has a material interest adverse to its business.
+Added: February 17, 2021, two children of James Meikle, our former President and Chief Operating Officer, filed a Complaint in the Eighth Judicial
+Added: District Court, Clark County, Nevada (case no.
+Added: A-21-829563-C), alleging we were obligated under Mr.
+Added: Meikle’s Employment Agreement
+Added: to purchase at least $540,000 of life insurance for Mr.
+Added: Meikle, who passed away on November 28, 2018.
+Added: The Complaint seeks damages of
+Added: $540,000, as well as interest and expenses.
+Added: We deny we were obligated to purchase such life insurance and we have raised other issues
+Added: which we believe are adverse to their claim.
+Added: We are vigorously opposing this claim.
+Added: as noted above, we are not a party to any pending legal proceeding, nor are any of our properties the subject of a pending legal proceeding,
+Added: that is not in the ordinary course of business or otherwise material to the financial condition of its business.
+Added: None of our directors,
+Added: officers or affiliates is involved in a proceeding adverse to our business or has a material interest adverse to our business.
MINE SAFETY DISCLOSURES
−Removed: Not applicable
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.