Prior to committing to participate in any exploration prospect or joint venture, participant(s) should consult their own legal, tax and other professional counsel concerning all aspects of the project and the value thereof in order to ensure that participant(s) are able to bear the economic risk of any investment participant(s) are obligated or might choose to make in the prospect or joint venture. In this regard, participant(s) represent that they are capable of evaluating the merits and risks of investments in the prospect or joint venture. Furthermore, participant(s) represent and acknowledge that they are acquiring an interest in the prospect or joint venture for their own account and not for distribution or resale in any manner that would violate any state or federal law, rule, regulation or order.
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