Disclaimer

Cautionary Note to U.S. Investors: The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this Website, such as “measured,” “indicated,” and “inferred” “resources,” which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Forms F-1 which may be secured from us, or from the SEC Website at http://www.sec.gov/edgar.shtml.

All information or advice provided as part of this Website is intended to be general in nature, and you should not rely on it in connection with the making of any decision. Pan American tries to ensure that all information provided as part of this Website is correct at the time of inclusion on the Website but does not guarantee the accuracy or completeness of such information. All content, information and advice is provided on an “as is” basis and Pan American hereby expressly disclaims all liability for any action you may take as a result of relying on such content, information or advice or for any loss or damage suffered by you as a result of you taking this action.

Pan American does not warrant or make any representations as to the security of this Website nor does it warrant that functions or materials accessible from or contained in this Website will work uninterrupted or error free, that defects will be corrected or that this Website is free from viruses or other harmful elements.

All content, information and advice is provided on an “as is” basis. Neither Pan American nor any of its agents or subcontractors shall be liable for any damages either direct, indirect, incidental, consequential, otherwise (including but not limited to financial losses, loss of data, loss of profits, loss of business, business interruption or the like) arising out of the use or inability to use this Website or the content, information or advice provided on or via this Website, defects, viruses, or other malfunctions caused to any equipment and other software in connection with access or use of this Website, the interception, modification or misuse of information transmitted to Pan American or transmitted to you, even if Pan American is advised of the possibility of such damages.

Forward-Looking Statements

This Website contains forward-looking statements regarding the company.  Generally, forward-looking statements can be identified by the use of forward-looking language such as “plans,” “expects,” “budgets,” “schedules,” “estimates,” “forecasts,” “intends,” “anticipates,” “believes,” or variations of such words and phrases, and statements that certain actions, events or results “may” or “could” occur. Forward-looking statements are based on the opinions and estimates of the company. Forward-looking statements include, but are not limited to, statements with respect to: (1) the exploration advancement of the company’s property interests; (2) the ability to acquire additional property interests; (3) the ability to acquire additional financing when required; and (4) the company’s operational plans for projects.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the company to be materially different from those expressed or implied by such forward-looking statements, including, but not limited to, risks related to: (1) a downturn in general economic conditions; (2) a decreased demand or price of lithium and other minerals; (3) unexpected events or delays in the acquisition, exploration and advancement of the company’s projects; (4) the uncertainty of government regulation and politics in North America and Chile regarding mining and mineral exploration; (5) potential negative financial impact from regulatory investigations, claims, lawsuits and other legal proceedings and challenges; (6) the inability to obtain the necessary permits and approvals for the further development of the company’s projects, including environmental agencies; (7) inability of the company to raise financing necessary to develop projects and continue operations; and (8) other factors beyond our control. Additional information about these and other assumptions, risks and uncertainties are set out in the “Risks and Uncertainties” section in the company’s management, discussion and analysis filed with Canadian security regulators at www.sedar.com.

Although the company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements on this Website, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on forward-looking statements contained in this Website. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Note: the “Safe Harbor” for forward-looking statements provided in the Private Securities Litigation Reform Act of 1995 does NOT apply to statements made in connection with an initial public offering of shares in the United States.