Item 3. Legal Proceedings
ITEM 3. LEGAL PROCEEDINGS.
To the knowledge of our management, there is no
material litigation, arbitration or governmental proceeding currently pending against us or any members of our management team in their
capacity as such.
However, from time to time, we have been, are
and will likely continue to be involved in legal proceedings, administrative proceedings and claims that arise in the ordinary course
of business with customers, subcontractors, suppliers, regulatory bodies or others. In general, litigation claims or regulatory proceedings
can be expensive and time consuming to bring or defend against, which may result in the diversion of management’s attention and
resources from our business and business goals and could result in settlement or damages that could significantly affect financial results
and the conduct of our business.
ITEM 4. MINE SAFETY DISCLOSURES.
Not applicable.
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PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.