Legal

LEGAL NOTICE – TERMS AND CONDITIONS OF USE

Corridor Resources Inc. and each of its affiliates (collectively, “Corridor”) welcomes you to this website (the “Corridor Website”).

The following sets out the terms and conditions under which you may access and use the Corridor Website, and the information and materials contained therein. By accessing the Corridor Website, you are agreeing to be bound by these Terms of Use. If you do not agree with these Terms of Use you may not access or use the Corridor Website or any information or materials contained therein.

These Terms of Use may be changed from time to time, without notice. It is your responsibility to check for such changes. If you do not agree with any amendment you must stop using and accessing the Corridor Website. Your continued access or use of the Corridor Website after any such changes are posted will constitute your acceptance of these changes.

You may not interfere with the security of, or otherwise abuse, the Corridor Website or any system resources, services or networks connected to, or accessible through, the Corridor Website. You may only use the Corridor Website for lawful purposes.

Limited License

Subject to these Terms of Use, you are granted a limited license only to display and print the materials and information contained in the Corridor Website for your own personal, non-commercial use, provided that such materials and information are not modified and that copyright and other intellectual property notices are not altered or deleted. You may not create derivative works from or otherwise reproduce, modify, republish or disseminate any materials or information contained in the Corridor Website in any manner or form whatsoever. Unless you have entered into a separate agreement with Corridor, any other use of such materials or information without Corridor’s written permission is prohibited.

Proprietary Rights

The materials and information contained in the Corridor Website are protected under the laws of Canada and of other countries. Certain words, phrases, names, titles, icons, graphics, designs or logos used on the Corridor Website may constitute trade-marks, service marks or trade-names of Corridor or other entities. The display of trade-marks, service marks or trade-names on the pages of the Corridor Website does not imply that a license of any kind has been granted to anyone else. Except as specifically set out herein, you may not use any such trade-marks, service marks or trade-names in any manner whatsoever.

Investment Decisions

THE MATERIALS AND INFORMATION CONTAINED IN THE CORRIDOR WEBSITE ARE PROVIDED FOR INFORMATION PURPOSES ONLY AND ARE NOT INTENDED TO CONSTITUTE AN OFFERING OF SECURITIES IN ANY JURISDICTION. Information disclosed under the securities laws of those Canadian jurisdictions applicable to Corridor is not intended to be in any way qualified, amended, modified or supplemented by the information otherwise available in, through or on the Corridor Website. Due to the technical and security risks inherent in the Internet, and because the document you access may differ from the original depending on your browser software, the information set out in the Corridor Website should not be used for the purpose of making investment decisions with respect to Corridor.

IF YOU ARE GOING TO RELY ON ANY INFORMATION CONTAINED IN ANY DOCUMENT THEN YOU MUST OBTAIN THAT DOCUMENT DIRECTLY FROM THE APPROPRIATE SECURITIES REGULATORY AUTHORITIES. IF YOU NEED CURRENT INFORMATION THEN YOU MUST REFER TO DOCUMENTS THAT HAVE BEEN FILED WITH THE SECURITIES AUTHORITIES. Such information may be accessed from the website for the System for Electronic Document Analysis and Retrieval (SEDAR) developed for the Canadian securities administrators which is located at www.sedar.com.

Investment Caution

Individual statements appearing in Corridor’s securities filings are intended to be read in conjunction with and in the context of the complete documents in which they appear, including any documents incorporated therein by reference thereto, rather than as stand-alone statements. Further, these documents are not intended to be read in conjunction with any other material, including the content of the Corridor Website.

Forward Looking Statements

The Corridor Website contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “plan”, “continuous”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “could” or similar words suggesting future outcomes. In particular, forward-looking statements include statements regarding: Corridor’s business plans and strategies; the Anticosti Joint Venture and its plans; capital budget; cash flow from operations; capital expenditure programs; exploration and development plans; the ability to find a joint venture partner for Corridor’s prospects; plans to update resources reports; timing to secure regulatory approvals; government support of exploration and development activities; operating expenses; the quantity of natural gas, oil and natural gas liquids reserves and resources; net present values of future net revenues from reserves; development costs; production; tax pools; timing of taxation; abandonment and reclamation costs; market prices and premiums; projections of costs; supply and demand for natural gas; expectations regarding the ability to raise capital and to continually add to reserves through acquisitions, exploration and development; the renewal and extension of licenses; and treatment under governmental regulatory regimes. Statements relating to “reserves” and “resources” are forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions that the reserves and resources described, as applicable, exist in the quantities predicted or estimated and can profitably be produced in the future.

Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur. There can be no assurance that the plans, intentions or expectations upon which forward-looking statements are based will in fact be realized. Actual results will differ, and the difference may be material and adverse to Corridor and its shareholders.

Forward-looking statements are based on the Corporation’s current beliefs as well as assumptions made by, and information currently available to, the Corporation concerning, among other items, anticipated financial performance, business prospects, strategies, regulatory developments, future natural gas and oil commodity prices, exchange rates, future natural gas production levels, the ability to obtain equipment in a timely manner to carry out development activities, the ability to market natural gas successfully to current and new customers, the impact of increasing competition, the ability to obtain financing on acceptable terms, the ability to add production and reserves through development and exploration activities, and the terms of agreements with third parties such as the Corridor’s forward sales contracts, transportation contracts and the Anticosti Joint Venture and other assumptions described from time to time in the reports filed by Corridor with Canadian Securities regarding authories. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

By their very nature, forward-looking statements involve inherent risks and uncertainties (both general and specific) and risks that forward-looking statements will not be achieved. These factors include, but are not limited to, risks associated with oil and gas exploration, substantial capital requirements and financing, volatility of natural gas and oil prices, government regulation, environmental, hydraulic fracturing, third party risk, dependence on key personnel, co-existence with mining operations, availability of drilling equipment and access, risks may not be insurable, variations in exchange rates, expiration of licenses and leases, reserves and resources estimates, development and/or acquisition of oil and natural gas properties, trading of common shares, seasonality, competition, management of growth, conflicts of interest, issuance of debt, title to properties and hedging, and such other risks or factors described from time to time in the reports filed by Corridor with the Canadian securities regulatory authorities. Corridor cautions that the foregoing list of risks and uncertainties is not exhaustive. Additional information on these and other factors which could affect Corridor’s operations or financial results are included in Corridor’s most recent Annual Information Form, Annual Financial Statements and Annual Management’s Discussion and Analysis and certain other filings made with applicable Canadian SECURITIES regulatory authorities. You can access the Annual Information Form, the Annual Financial Statements and the Annual Management’s Discussion and Analysis Report from the Corridor Website. In addition, information is available in Corridor’s other reports on file with applicable Canadian securities regulatory authorities.

Forward-looking information is based on the estimates and opinions of Corridor’s management at the time the statements are made in light of, and generally consistent with, its historical experience and its perception of historical trends, as well as certain expectations, generally consistent with, and informed by, its past experience, all of which are subject to the risk factors identified above. Corridor assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change, except as required by applicable law.

Code of Conduct

You may not interfere with the security of, or otherwise abuse, the Corridor Website, or any system resources, services or networks connected to or accessible through the Corridor Website. You may only use the Corridor Website for lawful purposes. You agree that you will not attempt to, nor permit any third party to, enter restricted areas of Corridor’s computer systems or perform functions that you are not authorized to perform pursuant to these Terms of Use.

Corridor may, without notice, temporarily suspend your, or any other party’s, access to the Corridor Website by, for example, deactivating any password(s) or links to the Internet if we reasonably suspect that you, or any other parties, are obtaining unauthorized access to our other systems or information, or are using otherwise valid user identifications or passwords in any other unauthorized manner. These suspensions will be for such periods of time as Corridor may reasonably determine is necessary to permit the thorough investigation of such suspended activity.

While using the Corridor Website, you agree to comply with all applicable laws, rules and regulations. We reserve the right, in our sole discretion, to take any actions we deem necessary and appropriate to preserve the integrity of the Corridor Website. For example, we reserve the right (but have not obligation) to remove or otherwise delete any Content that may be posted on the Corridor Website.

Links to Third Party Websites

Corridor does not control any third party website and is therefore not responsible for the content of any linked website or any link contained in a linked website. Linked websites are not part of the Corridor Website. Corridor provides such links only as a convenience and the inclusion of any link does not imply endorsement, investigation or verification by Corridor of the linked website or information contained therein.

Completeness and Currency of Website

Corridor updates the information and materials on the Corridor Website periodically. However, Corridor cannot guarantee or accept any responsibility or liability for the accuracy, currency or completeness of the information or materials on the Corridor Website. Corridor may revise, supplement or delete information, materials, services and/or the resources contained in this website and reserves the right to make such changes without prior notification to past, current or prospective visitors.

Communications Through the Corridor Website / Email

The Internet is not a fully secure medium and any communication may be lost, intercepted or altered. Corridor is not liable for any damages related to communications to, or from, the Corridor Website. You agree with respect to any information provided by you to us through the Corridor Website or via e-mail that:
• Corridor has no obligation concerning such information;
• the information is non-confidential;
• Corridor may use, disclose, distribute or copy the information and may use any ideas, concepts or know-how contained in the information for any purpose; and
• the information is truthful and disclosure of the information does not violate the legal rights of others.

Internet Software or Computer Viruses

Due to technical difficulties with the Internet, Internet software or transmission problems could produce inaccurate or incomplete copies of information or materials contained on this website. Computer viruses or other destructive programs may also be inadvertently downloaded from this website.
Corridor shall not be responsible or liable for any software, computer viruses or other destructive, harmful or disruptive files or programs that may infect or otherwise impact your use of your computer equipment or other property on account of your access to, use of, or browsing on this website or your downloading of any of the information or materials from this website. Corridor recommends that you install appropriate anti-virus or other protective software.

Disclaimer of Warranties

THE CORRIDOR WEBSITE, AND ALL MATERIALS AND INFORMATION CONTAINED THEREIN, IS PROVIDED “AS IS”, “AS AVAILABLE”, AND “WITH ALL FAULTS” AND IS USED BY YOU AT YOUR SOLE RISK. CORRIDOR MAKES NO EXPRESS OR IMPLIED WARRANTIES, CONDITIONS OR REPRESENTATIONS WHATSOEVER, INCLUDING THOSE IMPLIED BY STATUTE OR LAW, AND SPECIFICALLY DISCLAIMS THE SAME INCLUDING WITHOUT LIMITATION, ANY WARRANTIES, REPRESENTATIONS OR CONDITIONS OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT.
IN ADDITION, WITHOUT LIMITING THE FOREGOING, CORRIDOR DOES NOT REPRESENT OR WARRANT THAT THE CORRIDOR WEBSITE OR THE MATERIALS OR INFORMATION CONTAINED THEREIN WILL MEET YOUR REQUIREMENTS OR THAT THEIR USE WILL BE UNINTERRUPTED OR ERROR FREE. THE CORRIDOR WEBSITE MAY CONTAIN BUGS, ERRORS, PROBLEMS OR OTHER LIMITATIONS. CORRIDOR ASSUMES NO LIABILITY OR RESPONSIBILITY FOR ANY SUCH BUGS, ERRORS, PROBLEMS OR LIMITATIONS IN THE OPERATION OF, OR ANY INFORMATION OR MATERIALS CONTAINED IN, THE CORRIDOR WEBSITE.

Exclusion of Liability

YOU ASSUME ALL RESPONSIBILITY AND RISK FOR USE OF THE CORRIDOR WEBSITE INCLUDING WITHOUT LIMITATION ANY OF THE MATERIALS OR INFORMATION CONTAINED THEREIN.

TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT SHALL CORRIDOR OR ANY OF ITS SUBSIDIARY ENTITIES OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, SECURITY HOLDERS, PARTNERS OR AGENTS BE LIABLE FOR ANY INCIDENTAL, INDIRECT, PUNITIVE, EXEMPLARY, CONSEQUENTIAL OR OTHER SIMILAR DAMAGES WHATSOEVER, OR ANY DAMAGES FOR LOSS OF PROFITS, INTERRUPTION, LOSS OF BUSINESS INFORMATION, OR LOSS OF OPPORTUNITY IN CONNECTION WITH ANY CLAIM, LOSS, DAMAGE, ACTION, SUIT OR OTHER PROCEEDING ARISING UNDER OR OUT OF THESE TERMS OF USE, INCLUDING WITHOUT LIMITATION IN CONNECTION WITH OR ARISING FROM YOUR USE OF, RELIANCE UPON, ACCESS TO, OR EXPLOITATION OF THE CORRIDOR WEBSITE, THE MATERIALS OR INFORMATION CONTAINED THEREIN, OR ANY PART THEREOF, OR ANY RIGHTS GRANTED TO YOU HEREUNDER, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER THE ACTION IS BASED ON CONTRACT, TORT (INCLUDING NEGLIGENCE), INFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS OR OTHERWISE.

IN EVERY EVENT, CORRIDOR’S TOTAL MAXIMUM AGGREGATE LIABILITY UNDER THESE TERMS OF USE OR THE USE OR EXPLOITATION OF ANY OR ALL PART OF THE WEBSITE, THE INFORMATION OR THE MATERIALS CONTAINED THEREIN, IN ANY MANNER WHATSOEVER SHALL BE LIMITED TO FIVE ($5.00) DOLLARS.

THE CONSIDERATION BEING PAID HEREUNDER DOES NOT INCLUDE ANY CONSIDERATION FOR CORRIDOR TO ASSUME ANY RISKS BEYOND THOSE EXPRESSLY ASSUMED HEREIN AND IF ANY SUCH RISKS WERE TO BE ASSUMED BY CORRIDOR, CORRIDOR WOULD NOT HAVE ENTERED INTO THIS AGREEMENT WITHOUT CHARGING SUBSTANTIAL FEES.

SOME JURISDICTIONS DO NOT ALLOW FOR THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU.

Indemnification

You agree to indemnify and hold Corridor harmless against all claims or liability asserted against Corridor arising out of or in connection with any breach by you or anyone acting on your behalf of any of these Terms of Use.

General

Corridor is headquartered in Nova Scotia, Canada and the Corridor Website is controlled, operated and administered by Corridor from Nova Scotia, Canada. The Corridor Website can be accessed from all provinces and territories of Canada, as well as from other countries around the world. As each of these jurisdictions has laws that may differ from those of Nova Scotia, Canada, by accessing the Corridor Website, you acknowledge and agree that all matters relating to these Terms of Use and access to, or use of, the Corridor Website (including any of the materials or information contained therein), and the resolution of any dispute arising between the parties shall be governed and construed in accordance with the laws of the Province of Nova Scotia and those of Canada applicable therein (without reference to conflicts of laws principles). You agree that any legal action or proceeding between you and Corridor which in any way concerns these Terms of Use or the use of the Corridor Website or any materials or information contained therein shall be brought exclusively in the courts of Nova Scotia, Canada. Any such dispute will be brought on an individual basis, and will not be consolidated in any other proceeding with any claim, controversy or dispute of any other party. Except where prohibited by applicable law, you agree to waive any right you may have to commence or participate in any class action against Corridor relating to any such dispute and you also agree to opt out of any class proceedings against Corridor. Notwithstanding the foregoing, either party may apply to any court of competent jurisdiction to obtain injunctive or other emergency or similar relief.

Corridor makes no representation that access to the Corridor Website or that the information contained therein is appropriate or legal in all jurisdictions. You may not access the Corridor Website or use any information in those jurisdictions where it would be illegal. In any case, your access to the website is entirely at your own initiative and you are responsible for ensuring that all laws are complied with.

Corridor’s failure to insist upon or enforce strict performance of any provision of these Terms of Use shall not be construed as a waiver of any provision or right.

If any provision or part thereof of these Terms of Use is wholly or partially unenforceable, the parties or, in the event the parties are unable to agree, a court of competent jurisdiction, shall put in place thereof an enforceable provision or provisions, or part thereof, that as nearly as possible reflects the terms of the unenforceable provision or part thereof.

All references herein to Corridor shall be deemed to include any subsidiary, affiliate, associate or successor of Corridor.

The parties have requested that these Terms of Use and all documents relating thereto be drawn up in English. Les parties ont demandé que cette convention, ainsi que tous les documents qui s’y rattachent, soient en anglais.

LAST UPDATED: August 20, 2015