This communication, and any accompanying information, has been prepared by Black Pearl Equities for your information only and is not a product of any global investment research division. This document is a general business solicitation, provided for informational purposes only. All materials, including proposed terms and conditions, are indicative and for discussion purposes only. Finalized terms and conditions are subject to further discussion and negotiation.

Any opinions expressed are our present opinions only, and Black Pearl Equities is under no obligation to update those opinions. All information, including any price indications, is supplied in good faith based on information we believe to be accurate or complete, though we do not guarantee its accuracy. We are not responsible for errors or omissions contained therein.

Black Pearl Equities does not provide accounting, tax, or legal advice; however, you should be aware that any proposed indicative transaction could have accounting, tax, legal, or other implications that should be discussed with your advisors and/or legal counsel.

We are under no obligation to extend, renew, or otherwise restructure any proposed indicative transaction. All information has been provided in good faith but without guarantee, and we are not responsible for any errors or omissions. Further information regarding this material may be obtained upon request.