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This is a marketing communication supplied by Forest First International Inc. (“Forest First”). Forest First is a US-domiciled, private company limited by shares, incorporated under the laws of the United States of America. Forest First deals only with Professional Clients and Market Counterparties and is prohibited by regulation to provide services to Retail Customers. Thus, the material provided herein, is intended for Professional Clients only and that no other Person should act upon it.

Please note this communication is provided for information purposes only, is subject to change without notice and is not binding. This information is provided on a confidential basis and may not be reproduced, distributed, or transmitted in whole or in part without the prior written consent of Forest First. This communication is not a solicitation to buy or sell any product or to engage in or refrain from engaging in any transaction. The materials contained herein do not constitute investment research, a research report or a personal or other recommendation. Nothing in the information provided should be construed as legal, financial, accounting, tax or other advice.

Forest First, to the extent permitted by law, accepts no responsibility or liability (in negligence or otherwise) for loss or damage resulting from the use of or relating to any error in the information provided. This information has been prepared in good faith and is based on information obtained from sources believed to be reliable. However, Forest First is not responsible for information stated to be obtained from third-party sources.