Forward looking statement

 

Certain information set forth in this website contains forward-looking information and statements including, without limitation, management’s business strategy, management’s assessment of future plans and operations. Such forward-looking statements or information are provided for the purpose of providing information about management’s current expectations and plans relating to the future, including obtaining requisite permits, entering into an interconnection agreement, if at all, the completion of the design and commissioning of the Projects, closing of the transactions with Metka (the “Transactions”), if at all and the timing thereof. Forward-looking statements or information typically contain statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “potential” or similar words suggesting future outcomes or statements regarding future performance and outlook. Readers are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include general business, economic, competitive, regulatory, policy and social uncertainties, and availability of permits and financing upon terms acceptable to the Company or at all. Applicable risks and uncertainties include, but are not limited to regulatory risks, risks related to the COVID-19 global pandemic, changes in laws, market risks, operating history, competition, and the other risks identified under the headings “Risk Factors” in the Company’s management’s discussion and analysis dated March 30, 2023 and other disclosure documents available on the Company’s profile on SEDAR at www.sedar.com. The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.

Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are based on various assumptions such as permits required for Westbridge’s operations will be obtained in a timely basis in order to permit Westbridge to proceed on schedule with its planned operations, that the Transactions will be completed as currently proposed and all regulatory approvals will be obtained in connection therewith, that skilled personnel and contractors will be available as Westbridge’s operations continue to grow, that Westbridge will be able to continue raising the necessary capital to finance its operations on terms acceptable to the company, if at all, the ability of Westbridge to meet regulatory and contractual milestones, including repayment of debt, and realize on current development plans. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Westbridge to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the risk that the Transaction may not be completed as currently proposed or at all, general business, economic, competitive, political and social uncertainties; the actual results of current development activities; reclamation risks; changes in project parameters as plans continue to be refined; future energy prices; failure of equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the renewable energy industry; delays in obtaining governmental approvals or financing, as well as those risk factors in Westbridge’s public filings from time to time. Although Westbridge has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Completion of the Transactions is subject to a number of conditions including, but not limited to, TSX Venture Exchange (the “TSXV”) and shareholder approval. The Transactions cannot close until all required approvals are obtained. There can be no assurance that the Transactions will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the filing statement to be prepared in connection with the Transactions, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of Westbridge should be considered highly speculative. The TSXV has in no way passed upon the merits of the Transactions.

Unless otherwise indicated, all information posted on this Website is current only as of the date of the document that contains the information, if indicated, or the date on which the document is posted, whichever is earlier. However, such information is not intended to be a comprehensive review of all matters and developments concerning Westbridge and Westbridge cannot guarantee the accuracy, currency or completeness of the information at all times and assumes no responsibility in this regard. Westbridge disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. All of the forward-looking statements contained in this Website are qualified by these cautionary statements.

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