Investor Presentation
Forward Looking Information and Statements
⑆CORSA
RS,
TSX-V: CSO | OTCQX: CRSXF
Certain information set forth in this presentation contains "forward-looking statements" and "forward-looking information" (collectively, "forward looking
statements") under applicable securities laws. Except for statements of historical fact, certain information contained herein relating to projected sales, coal
prices, coal production, mine development, the capacity and recovery of Corsa's preparation plants, expected cash production costs, geological conditions,
future capital expenditures and expectations of market demand for coal, constitutes forward-looking statements which include management's assessment of
future plans and operations and are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect.
Some of the forward-looking statements may be identified by words such as "estimates", "expects", "anticipates", "believes", "projects", "plans", "capacity",
"hope", "forecast", "anticipate", "could" and similar expressions. These statements are not guarantees of future performance and undue reliance should not be
placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Corsa's actual performance
and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking
statements. These risks and uncertainties include, but are not limited to: liabilities inherent in coal mine development and production; geological, mining and
processing technical problems; inability to obtain required mine licenses, mine permits and regulatory approvals or renewals required in connection with the
mining and processing of coal; risks that Corsa's preparation plants will not operate at production capacity during the relevant period, unexpected changes in
coal quality and specification; variations in the coal mine or preparation plant recovery rates; dependence on third party coal transportation systems;
competition for, among other things, capital, acquisitions of reserves, undeveloped lands and skilled personnel; incorrect assessments of the value of
acquisitions; changes in commodity prices and exchange rates; changes in the regulations in respect to the use, mining and processing of coal; changes in
regulations on refuse disposal; the effects of competition and pricing pressures in the coal market; the oversupply of, or lack of demand for, coal; inability of
management to secure coal sales or third party purchase contracts; currency and interest rate fluctuations; various events which could disrupt operations and/or
the transportation of coal products, including the conflict in Ukraine, employee relations including the loss of key employees and labor stoppages, severe
weather conditions, public health crises and government regulations that are implemented to address them; the demand for and availability of rail, port and
other transportation services; the ability to purchase third party coal for processing and delivery under purchase agreements; the ability to resolve litigation and
similar matters involving the Company and/or its assets; the ability to pay down indebtedness; damage to Corsa's reputation due to the actual or perceived
occurrence of any number of events; and management's ability to anticipate and manage the foregoing factors and risks. The forward-looking statements and
information contained in this presentation are based on certain assumptions regarding, among other things, future prices for coal; future currency and exchange
rates; Corsa's ability to generate sufficient cash flow from operations and access capital markets to meet its future obligations; the regulatory framework
representing royalties, taxes and environmental matters in the countries in which Corsa conducts business; coal production levels; Corsa's ability to retain
qualified staff and equipment in a cost-efficient manner to meet its demand; and Corsa being able to execute its program of operational improvement and
initiatives. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. The reader is cautioned not to place undue reliance on forward-looking statements. Corsa does not undertake to update
any of the forward-looking statements contained in this presentation unless required by law. The statements as to Corsa's capacity to produce coal are no
assurance that it will achieve these levels of production or that it will be able to achieve these sales levels.
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