Item 3. Legal Proceedings
ITEM
3. LEGAL PROCEEDINGS
We
are involved in, or have been involved in, arbitrations or various other legal proceedings that arise from the normal course of our business.
We cannot predict the timing or outcome of these claims and other proceedings. The ultimate outcome of any litigation is uncertain, and
either unfavorable or favorable outcomes could have a material negative impact on our results of operations, balance sheets and cash
flows due to defense costs, and divert management resources. Currently, we are not involved in any arbitration and/or other legal proceeding
that we expect to have a material effect on our business, financial condition, results of operations and cash flows.
ITEM
4. MINE SAFETY DISCLOSURES
Not applicable.
19
PART
II
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