Apollo Silver Corp.

Climate Impact & Sustainability Data (2022, 2023)

Medium-term Goals:

Short-term Goals:

Published its maiden Environmental, Social and Governance (“ESG”) Report for the year ended November 30, 2022 (March 2, 2023).

Rising inflation impacting costs and potentially modifying or terminating planned work programs.
Potential insufficiency of current treasury to finance all exploration, evaluation, and resource development programs, requiring additional financing.
Uncertainty in capital markets, commodity prices, and country-specific risk factors impacting ability to raise future financing.
Material uncertainties casting significant doubt about the Company’s ability to continue as a going concern.

Management will continue to assess the costs of exploration and development programs at Calico and may revise the scope of planned programs.
The Company will continue to forecast its cash flows and investigate opportunities to obtain further financing, if necessary, through transactions to maintain liquidity, such as equity placements, debt or joint venture arrangements.

Changes in rainfall and storm patterns and intensities, water shortages, changing sea levels and changing temperatures.

Changes in government policy including introducing climate change legislation and treaties at all levels of government that could result in increased costs.
Trend towards more stringent regulations and carbon-pricing mechanisms aimed at reducing the effects of climate change.